Less than two months after its release, HP is dropping the TouchPad and other WebOS devices.
Hewlett-Packard will be dumping its Touchpad tablet computer and phones after dismal sales at Best Buy and other retailers, the company announced on Thursday.
HPQ shares are down about 6.1 percent as of 3:15 p.m. (New York time).
Hewlett-Packard could sell low-margin PCs to focus on high-margin services
Hewlett-Packard may announce a bold plan as early as today to completely remake the company -- shedding its PC unit and acquiring enterprise software company Autonomy Corp for $10 billion.
Kodak's patent auction can benefit shareholders as well as the U.S.
Hewlett-Packard Co. (NYSE: HPQ) will acquire Autonomy Corp. for roughly $10 billion and announce a spin-off of its personal computer business, according to a report.
Google Inc. shocked the technology world with its $12.5 billion all-cash deal to buy Motorola Mobility Holdings Inc, valuing each essential patent at about $20 million, to defend its Android ecosystem.
If wireless patents are more valuable than ever, what other companies might be acquired?
Dell Inc's shares fell 9 percent on Wednesday, a day after weak technology spending forced the world's second-largest PC maker to slash its full-year revenue forecast.
Google Inc. has agreed to buy Motorola Mobility Holdings Inc. for $12.5 billion or $40 a share in cash, valuing each essential patent at about $20 million, to defend its Android ecosystem. RBC Capital Markets said the deal value of $12.5 billion equates to 0.7 times trailing twelve months (TTM) of equity value-to-sales.
As a step to expand WebOS market beyond smartphones and tablets, HP is working to bring its WebOS mobile operating system to major appliances and cars.
The new TouchPad tablet has become the "OuchPad" for HP. The product isn't selling because consumers have shown they prefer the iPad.
Search giant Google Inc.'s acquisition of Motorola Mobility prima facie looks to shut out Blackberry maker Research in Motion (RIM) and Nokia, which are struggling in the smartphone race, but instead the deal could make the companies attractive acquisition targets.
The surplus stock of over 200,000 unsold TouchPads are sitting in Best Buy, waiting to have HP bring them home.
Consumers aren't touching HP's TouchPad tablet. Best Buy is sitting on 200,000 unsold TouchPads and wants to send them back to the company.
T-Mobile USA will be launching two smartphones, Samsung Hercules and HTC Ruby on Oct. 26, according to a leaked document obtained by Tmo News.
Currently, investors are speculating that the Google-Motorola deal will spur other handset deals and Nokia and RIM could be potential acquisition targets.
Dell;'s earnings may show progress, moves in tablets and smartphones
One analyst says Amazon would do well by offering a low price tablet competitor to the iPad.
After Motorola, could RIM, Sony or Nokia tempt a bidder?
Dell's confusion over tablet format has ended, as it retired its part-tablet and part-smartphone, the 5-inch Dell Streak, in favor of bigger tablets.