Hewlett-Packard (HP) on Wednesday reported a massive net loss for its fiscal third quarter while it forecast weak performance for the next quarters.
According to HP, it lost $8.9 billion for the period stemming from losses in all its core business units except for its Software unit.
Aside from declines in most of its business units, massive accounting write-downs linked to job cuts and a failed acquisition contributed to this net loss.
The loss is the worst in the 73-year history of the Silicon …

Lenovo has hinted that it is confident that it can compete with the recently unveiled Microsoft Surface tablets as the company will market competitive Windows RT tablets.
In an interview with Bloomberg, Lenovo’s David Schmoock said that they will market Lenovo Windows RT tablet computers for $200 to $300 less than competing tablets powered by the desktop version of Windows 8.
That means that Lenovo Windows RT tablets will be priced at $300 to $400 in comparison to Windows 8 Pro tablets priced …

Hewlett-Packard (HP) has voiced its support for Microsoft as other partner original equipment manufacturers have signified their dislike for Redmond making its own tablet.
In a recent interview, a high ranking HP official has said that Microsoft was essentially showing what can be done in the tablet market so that partner OEMs follow their lead.
He added that HP’s relationship with Microsoft was in no way changed because of the Surface tablets the software giant

HP – Get Ready To Print Images From PC Without A Printer!

A whole new world in greater computer enjoyment is about to open up for PC users if Hewlett-Packard’s latest make-over plans don’t hit a hitch.
The Associated Press reporting from New York today revealed that HP is combining its PC and printer divisions in efforts to re-awaken sales following the slump in personal computer demand with the advent of the more popular mobile computing devices led by the latest tablets and smart …

Huge Battle Shaping Up for Hardware Manufacturers: Who Will Build Windows 8? / image via Google

Lennovo and four other biggies in the computer manufacturing world are girding for battle as to who will first build the Microsoft Windows 8 operating system, the latest version of the popular Windows 7 OS.
CNN reports Monday that Lenovo is planning to be the first to break into the new Windows 8 system with a tablet as early as October this year. While no details of the Lenovo plans are available, …

The march to obscurity for the HP webOS operating system continues with the company laying off 275 employees affiliated to the operating system. In a communication on its website, HP said they were laying off the employees because they were “no longer needed” for webOS.
This scaling down will see engineers, designers and other related staff who had worked on the HP OS either completely retrenched or redeployed to other HP departments. HP had made a commitment at the time it had …

Remember webOS, the praised mobile operating system by Hewlett-Packard (HP) that the tech giant suddenly killed in August?
After recently announcing that it will open-source webOS, HP has given us now a timetable when it will complete the transformation of the mobile OS and it says that it will complete it by September of this year.
HP decided to discontinue webOS devices and development of the OS itself in August as part of a plan by then-CEO Leo Apotheker to move away from the consumer …

Hewlett-Packard (HP) has unveiled two new personal computers: the Omni 27 all-in-one PC and the HPE Phoenix H9 tower PC.
First up, we have the Omni 27, an all-in-one computer which has a 27-inch display.
Under the bonnet, the Omni 27 will have the option to be powered by dual- and quad-core Intel CPUs.
The Omni 27 will also feature up to 2TB in storage and will be endowed with Beats Audio technology springing from a collaboration between the audio company and HP.
Other options for the Omni 27 …

WebOS will continue to live as Hewlett-Packard (HP) has decided to make the mobile operating system an open source project.
The announcement was made through a company-wide email from HP CEO Meg Whitman who revealed to employees on Friday that the top executives of the Silicon Valley icon have decided that webOS will become an open source endeavor.
Here is Whitman’s email which TechCrunch got a hold of:
From: CEO – Meg Whitman
Sent: Friday, December 09, 2011 2:03 PM
Subject: webOS to be …

Hewlett-Packard (HP) has confessed that its contract with Intel for the development of Itanium processors is still in play, confirming Oracle’s previous claim.
HP first evaded Oracle’s claim in court last week that said it has a hush-hush agreement with Intel to go forward on Itanium amid losses.
On Tuesday, HP admitted that a contract does exist between the firm and Intel concerning Itanium processor development.
According to HP’s statement, the binding agreement with Intel will uphold …