Hewlett Packard agrees to buy 3Com for about $2.7 billion in cash

Hewlett Packard to buy 3Com for $2.7B

PALO ALTO, Calif. — Hewlett-Packard Co., looking to expand into a business long dominated by Cisco, said Wednesday it has agreed to buy networking software and equipment maker 3Com Corp. in a deal the companies valued at $2.7 billion.

Full article (304 words) »

Baidu CEO draws overflow crowd as he talks to students on Google founders’ old stomping ground

Baidu CEO draws big crowd in Google's backyard

PALO ALTO, Calif. — The billionaire founder of a popular search engine drew a big crowd Wednesday at Stanford University — and it wasn't one of the guys that started Google Inc. just a few miles from the campus they once attended.

Full article (829 words) »

Hewlett-Packard re-brands EDS as HP Enterprise Services a year after $13.2 billion acquisition

HP re-brands EDS as HP Enterprise Services

PALO ALTO, Calif. — Hewlett-Packard Co. is re-branding Electronic Data Systems as HP Enterprise Services, roughly a year after buying the company in a blockbuster $13.9 billion deal.

Full article (117 words) »

HP elects software pioneer Marc Andreessen to board

HP elects Marc Andreessen to board

PALO ALTO, Calif. — Hewlett-Packard Co. said Thursday it has elected Marc Andreessen to serve on its board.

Full article (123 words) »

VMware to buy SpringSource for $362 million, assume $58 million in unvested stock and options

VMware to buy SpringSource for $362 million

PALO ALTO, Calif. —VMware Inc., which makes software that allows business servers to run multiple operating systems simultaneously, said Monday it is acquiring SpringSource for $362 million in cash and stock.

Full article (226 words) »

Facebook now lets you share your updates with people of your choice

logo_facebookFacebook testing new control for shielding updates

PALO ALTO, Calif. — Facebook is testing new privacy controls that will allow the online hangout's roughly 200 million users to decide who should see each of their personal updates. In a Wednesday announcement, Facebook said the option will enable users to customize their postings for specific groups of friends.

Full article (124 words) »

Protected by Comment Guard Pro