Meg Whitman News

HP spokespeople say the troubled software business is important to HP's future despite the $8.8 billion writedown and pending lawsuits.

Forbes magazine recently reported on the world's richest moms, detailing the phenomenon of raising children and managing some of the richest companies.

Fashion billionaire Tory Burch is used to seeing her name all over the place: on your ballet flats, your skirt, your fashion magazines.

The shareholders are angry at the "waste of billions of dollars of HP assets" from the botched acquisition of British company Autonomy which has transpired to be worth just a fraction of the $11bn paid.

Putting the right people at the helm has launched many high-profile, highly successful turnarounds, from Jack Welch in his early days at GE to Meg Whitman at eBay.

Fusion-io, the fast-growing maker of flash memory accelerator cards for data centers, has named former HP chief strategy and technology officer as its new CEO.

Meg Whitman, now chief executive of HP, was at the time a member of the board that approved the Autonomy purchase.

Meg Whitman, chief executive of Hewlett-Packard, has been accused of making false claims over the 7.8billion acquisition of UK software firm Autonomy in a lawsuit brought on behalf of shareholders.

Venture capitalist Marc Andreessen was absolutely right last week when he talked about Hewlett-Packard's sacred place in Silicon Valley.

Venture capitalist Marc Andreessen is a Silicon Valley golden boy, and a bona fide visionary by any definition.

But there's a key difference between the folks jumping up this time and many who ran in gubernatorial primaries of the last two decades: There are no billionaires among the early entrants.

HP's channel executives are working on some important upgrades, and the company today held a call with its resellers and CEO Meg Whitman to discuss those efforts.

The town boasts a rolodex of powerhouse inhabitants, including Charles Schwab, Eric Schmidt and Meg Whitman.