In his first meeting with Wall Street analysts as HP's new leader, incoming CEO, Mark Hurd, steadfastly refused to map out his plans for the company's direction. Hurd said he would spend the next few months learning about HP before he crafts a strategy for running it.
Stories by Stacy Cowley and Robert McMillan
One week after SAP agreed to buy retail software maker Retek, Oracle jammed a wrench in the works, announcing plans to outbid its rival.
IBM has posted quarterly results showing 9 per cent revenue growth from last year and slight earnings growth, despite a $US320 million charge it took during the quarter to settle some claims in a lawsuit over its pension plan.