HP

Hewlett Packard forecasts second-quarter revenue below Wall Street estimates as businesses scale down use of its tech

Global shipments of PCs, the industry's collective term for laptops and desktops, grew 55.2% during the first quarter

'The Leaky Cauldron' and 'Mugglenet' sites have more than one mn Facebook followers

California-based HP had rejected the last Xerox bid as too low

The company will cut jobs through a combination of employee exits and voluntary early retirement

Enrique Lores will take over the CEO position on November 1

The move would hurt consumers and the industry

HP has named Jos Brenkel as the interim COO

Shares of the company rose 5.3 per cent to $22.53 after the bell

Figures represent a 11th straight quarter of declining shipments

HP says problem affected less than one percent of HP laptops sold between March 2013 to October 2016

Simplivity sells "hyperconverged" systems that combine computing, storage and networking

The quarter was the sixth consecutive year-on-year decline in PC shipments for Lenovo

Sale of the printing business and Lee's nomination were approved by the board

HPE announced one in May that it had merged its call center and services unit merged with Computer Sciences Corp

HPE was seeking from $8 billion to $10 billion for its software operations

The bag has a built-in heat sensor which monitors backpack temperature and adjusts accordingly

Termed as a ‘marriage of engineering and design’ by the makers, HP’s Spectre is currently the world’s thinnest laptop