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Alex

HP Hired Goldman Sachs to protect against Oracle

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So HP has been angering investors and now had to hire Goldman Sachs to fend off any unwanted buyout attempts, especially from Oracle. But supposedly, Oracle can;t make any attempts until next year as part of a dela when they got Mark Hurd, former CEO of HP. Stock prices have dropped, and it's making a buyout appealing to some tech firms.

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    • By Alex
      For those of you that are webos users from the early palm days to the HP acquisition will remember this guy, who got ousted and then replaced by Leo Apotheker, which caused the spiral down of webOS with HP. Leo canned the Touchpad and "fire saled" it out. Many speculate if Mark Hurd was the CEO, things would have been different with HP and webOS.
       
      Larry Ellison is stepping down: http://www.engadget.com/2014/09/18/larry-ellison-safra-catz-mark-hurd-ceo-oracle/
       
       
    • By Alex
      Its interesting to see the change in ownership of webOS along with the logo changes:
       
      Palm webOS
       

       
      HP webOS
       
       

       
       
      LG webOS
       
       

       
       
       
      Also Open webOS (opensource)
       

       
       
      Source: webOS on Wikipedia
       
       
       
       
    • By Alex
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      The US$99 tablet is manufactured by China-based BYD and is the second tablet that HP has outsourced to the China-based maker. The device adopts a 7-inch touch panel and Intel's Medfield-based single-core processor.
       
      In early 2013, Acer released its 7-inch Iconia B1, priced at US$150, which was the cheapest 7-inch tablet at that time, and in mid-2013, Asustek Computer announced at Computex 2013 the MeMO Pad HD 7, using a solution from MediaTek with a price of US$129, dropping tablet pricing to a new level.
       
      Some market watchers already forecast that a sub-US$100 tablet would appear in the third quarter at the soonest, and if HP decides to release the tablet, it could trigger other vendors to follow suit, the sources said.
       
      This is the second time HP offered its tablet at US$99. In 2011, HP slashed its TouchPad's price from US$499 originally to US$99 to quickly clear out inventory due to weak demand. As a result, HP suffered great losses which impacted the device's manufacturer Inventec.
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      I called HP small business shopping to check the order of my Touchpad and cancelled pre 2 phone, they told me that they have 15 or 16 of teh HP veers in stock, you have to call their toll free number.


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