When is great not good enough? When you're Hewlett-Packard's printing group.
A few years ago, the $28 billion business, headed by veteran Vyomesh Joshi, was the goose that kept laying golden eggs. It supplied most of the company's profit while the PC group lost money and the corporate technology group struggled. Now new leadership and smart acquisitions have fixed the PC and corporate businesses, and printer sales are showing signs of MOREJon Fortt - Jun 24, 2008 1:02 PM ET
HP CEO Mark Hurd is taking a risk by bidding for troubled services player EDS. Image: HP
Hewlett-Packard CEO Mark Hurd has built a world-class reputation as a cost-cutting turnaround artist, and he's risking it all with a smart bid for technology services giant Electronic Data Systems.
HP (HPQ) announced Tuesday that it would pay $13.9 billion in cash for Texas-based EDS (EDS), which manages technology projects for a range of large clients. If MOREJon Fortt - May 12, 2008 7:49 PM ET
Xerox technology chief Sophie Vandebroek is placing bets on technologies to spur growth. Image: Xerox
Xerox (XRX) PARC has come a long way. A generation ago, the Palo Alto Research Center famously developed many of the technologies that led to modern PCs from folks like Apple (AAPL) and Dell (DELL), but never got them beyond the lab. Today the unit is determined to get its inventions out of the lab, even MOREJon Fortt - Apr 30, 2008 10:50 AM ET
|2 million Facebook, Gmail and Twitter passwords stolen in massive hack|
|Job growth drives mortgage rate jump|
|Investors brace for big dip in stocks|
|GM to discontinue Chevrolet brand in Europe|
|Ron Paul: Bitcoin could 'destroy the dollar'|