HP's Hurd: Whatever you do, don't mention her
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Blog: At iMeme conference, CEO sidesteps questions about how much his predecessor had to do with company's success.
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Dunnie flushed Patricia Dunn has not survived the HP spy scandal â a turn of events that everyone except HP saw as inevitable long ago. Dunn today resigned from HP's board, elevating CEO Mark Hurd to the Chairman role.â¦
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By Rachel Konrad  Hewlett-Packard Co. Chairwoman Patricia Dunn is under scrutiny from business and ethics experts after she oversaw an invasive and possibly illegal effort to snoop into the home phone calls of fellow HP board members.
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CHICAGO -- This cannot be an easy time for Ann Livermore. When Hewlett-Packard Co. (HP) missed Wall Street's earnings expectations late last week, the blame was placed squarely on the shoulders of the Enterprise Servers and Storage Group, one of the divisions she manages. "Unacceptable" problems within the group cost HP $400 million in revenue and $275 million in operating profit, said HP Chairman and Chief Executive Officer Carly Fiorina just hours before HP announced the sacking of three senior executives within the division.
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Few corporations deserve to be equated to Richard Nixon's White House or Enron, but Hewlett-Packard seems richly entitled to that comparison. And unlike those two arch-villains, HP awaits your judgment the next time you walk into any computer or electronics store. What do you do?
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For investors, Hewlett-PackardÂs leak investigation is a nonissue, analysts say, unless it affects chief executive Mark V. Hurd.
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By MICHAEL LIEDTKE  SAN FRANCISCO - Hewlett-Packard Co.'s early efforts to plug a boardroom leak targeted the phone records of then-Chief Executive Carly Fiorina, according to a person familiar with one of the investigations looming over the computer and printer company.
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U.S. lawmakers on Thursday plan to   shine a spotlight on Hewlett-Packard Co.'s HPQ.N snooping   into the telephone records of some board members and   journalists, a practice that Congress may soon ban.
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You'd have pretexted it HP - which faces US federal and state investigations for spying on board members and journalists - is co-sponsoring an award for "privacy innovation".â¦
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SAN JOSE, Calif. _ Mark Hurd, chief executive of Hewlett-Packard, finds himself perhaps in the most awkward position among all the figures in the HP boardroom spying drama.
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;-), barked reporter We've always wondered how elite reporters at publications such as the Wall Street Journal handle their communications with public relations drones. Thanks to HP's savvy investigators, we must wonder no more.â¦
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(InfoWorld) - Last year's HP Technology Forum was chased out of New Orleans by Hurricane Katrina. This year, storm clouds of a different sort hang over the event. As an estimated 6,000 attendees converge on Houston for the annual Hewlett-Packard user conference, the subject on many minds is the one the company is most loathe to discuss: theÂ shakeup of HP's boardÂ and theÂ prospect of criminal chargesÂ related to a spying scandal. The California Attorney General and a Congressional committee are among the institutions probing HP's possibly illegal methods of investigating news leaks from its board. HP has until Tuesday to respond to an invitation from the Oversight and Investigations Subcommittee of the Energy and Commerce Committee for HP's Chairman Patricia Dunn and General Counsel Ann Baskins to testify at a Sept. 28 hearing in Washington. But at the Technology Forum, a gathering of HP user groups, partners and other vendors, HP is focusing on its business success, which is considerable. With revenue, earnings and stock price all resurgent in the last year, HP CEO Mark Hurd could rightly say, "Pay no attention to that prosecutor behind the curtain," when he delivers a keynote address on Sept. 18. In the quarter ended July 31, HP's earnings-per-share (EPS) topped analysts' estimates at $0.52 on 5 percent revenue growth to $21.9 billion, compared to the year ago quarter. Across many of its business lines, HP, of Palo Alto, California, has gained on rivals, said industry analyst Rob Enderle. HP personal computer sales have grown with its "the computer is personal again" marketing campaign, Enderle noted. IBMÂ sold its personal computer businessÂ to Lenovo Group, in 2005, and Dell has suffered negative publicity from the AugustÂ recall of 4.1 million fire-prone batteriesÂ in Dell laptops. In storage, HP closed the market share gap with EMC in second quarter numbers released Aug. 29 by research firm IDC. With EMC's 20 percent share, based on unit sales, to HP's 19.3 percent, the two are in a "statistical tie" said Brad Nisbet, an analyst with IDC. "HP has been executing well under new management," Nisbet said, referring to Hurd, CEO since March 2005. In servers, HP is a strong second to IBM, according to IDC market share numbers, but has made some errors, said Enderle. It still is using Intel's Itanium processor in its high-end Integrity servers, which rivals aren't embracing. Gartner research shows that 90 percent of the Itanium chips shipped in the first quarter of this year ran on HP servers; neither Dell nor IBM build Itanium computers. Technology Forum organizers get tight-lipped when the conversation shifts to the board scandal. "That's HP's business," said Nina Buik, vice president of Encompass, one of the HP user groups planning the event. "We're not focused on those issues unless it impacts the technology." And as long as the scandal doesn't touch Hurd personally, the customer satisfaction should be unaffected, said Crawford Del Prete, senior vice president of research at IDC. . "I don't think [the scandal] is a drag on the company's success," he said. "I have not found one customer who said 'I'm not going to do business, or I am concerned about doing business, with Hewlett-Packard as a result of this.'" HP Technology forum runs from Sunday to Thursday this week.
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The secret lobbying campaign your phone company doesn't want you to know about
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By JORDAN ROBERTSON  SAN JOSE, Calif. - With Hewlett-Packard Co.'s stock tumbling, CEO Mark Hurd continued to face questions about what he knew of HP's efforts to ferret out a boardroom leak.
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(InfoWorld) - Although Hewlett-Packard's spying scandal has led to the resignation of four high-ranking officials and evoked comparisons in Congress to Watergate and fraud at Enron, it isn't likely to impede the company's long-term ability to compete, analysts and investors said. So far, these groups said, there has been scant evidence linking Mark Hurd to the legally questionable practice of pretexting, in which investigators probing news leaks impersonated board members and journalists in order to obtain their phone records. So long as Hurd is not shown to have approved or participated in those activities, HP is likely to emerge with its viability intact. "The problem has obviously been recognized and is being rectified, and with time the business will build back to normal," said Alex Vallecillo, a portfolio manager who follows technology stocks at Allegiant Asset Management. "We're all big boys and girls, and we understand what goes on in the corporate boardroom has no effect on the ability of [HP's] products and services to deliver value." Indeed, HP's shares gained 1.6 percent on Thursday, the same day Patricia Dunn, who was forced to resign as the company's chairman last week, was grilled before a hearing convened by the House Energy and Commerce Committee. Ten people involved with the investigation asserted their Fifth Amendment rights in declining to answer representatives' questions. Since Sept. 5, the day before the news of the scandal broke, HP shares have fallen 1.1 percent, compared with a 2.9 percent gain for the Nasdaq composite index and a 2.1 percent gain for the Dow Jones Industrial Average. Although the negative attention has been a distraction for HP, "that's a very short-term situation, which I expect to pass soon," said Sunil Reddy, senior portfolio manager at Fifth Third Asset Management. "All the cards are on the table right now; I'd be very surprised if anything new comes out." Analyst Rob Enderle of the Enderle Group, attending an event in New York where HP was showing off new PCs ahead of the Christmas shopping season, agreed. The corporate buyers he's talked to aren't likely to choose HP competitors as a result of the scandal, and he said he expected non-business customers to feel the same way. "It relates to behavior of folks the average consumer doesn't relate with and probably doesn't understand." That said, HP's investigative techniques have become the butt of plenty of jokes, Enderle said, in which business customers tell HP sales staff: "We're probably going to send this out to bid, but you probably already know that because you've been looking at my phone records."
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The ousted chairwoman of Hewlett-Packard Co. told a House subcommittee today that some of the tactics used by the computer giant in its surveillance scandal are employed by other American companies.
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SAN FRANCISCO -- Hewlett-Packard Co.'s early efforts to plug a boardroom leak targeted the phone records of then-chief executive Carly Fiorina, according to a source familiar with one of the investigations looming over the computer maker.