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HP Study: Business and government leaders believe technology is key to expanding economic opportunity
Newsfilter· 2024-06-12 10:00
News Highlights New global survey from HP shows three-quarters of business and government leaders (76%) believe technology is key to enabling traditionally excluded populations to participate in the economy.Vast majority of business leaders currently use AI or plan to use AI soon for key sustainability and social impact goals.Findings come as HP announces progress to expand technology access, skills-building and AI as a force for positive impact. PALO ALTO, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- HP Inc. ...
HP Study: Business and government leaders believe technology is key to expanding economic opportunity
GlobeNewswire News Room· 2024-06-12 10:00
News Highlights New global survey from HP shows three-quarters of business and government leaders (76%) believe technology is key to enabling traditionally excluded populations to participate in the economy.Vast majority of business leaders currently use AI or plan to use AI soon for key sustainability and social impact goals.Findings come as HP announces progress to expand technology access, skills-building and AI as a force for positive impact. PALO ALTO, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- HP Inc. ...
HP Inc. Declares Dividend
GlobeNewswire News Room· 2024-06-11 20:15
PALO ALTO, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) has declared a cash dividend of $0.2756 per share on the company’s common stock. The dividend, the fourth in HP’s fiscal year 2024, is payable on October 2, 2024, to stockholders of record as of the close of business on September 11, 2024. HP has approximately 1.0 billion shares of common stock outstanding. About HP Inc. HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas t ...
How HP Stock Could Bring Double-Digit Upside for Buffett
MarketBeat· 2024-06-10 14:50
Shares of HP Inc. NYSE: HPQ have recently broken out of their previous $27 to $30 a share channel; of course, this price action had been relatively justified. The company's recent quarterly financial results show how the comeback in the personal computer (PC) space could mean good news for the company's future, which is also good news for Warren Buffett.HP TodayHPQHP$36.00 -0.45 (-1.23%) 52-Week Range$25.22▼$39.52Dividend Yield3.06%P/E Ratio12.16Price Target$34.64Add to WatchlistAfter announcing a significa ...
Autonomy's Mike Lynch acquitted after US fraud trial brought by HP
TechCrunch· 2024-06-08 01:59
Former Autonomy chief executive Dr Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard which became one of Silicon Valley’s biggest fraud cases. He had been accused of falsely inflating revenues at the UK startup ahead of its $11 billion sale to HP in 2011.Commenting on the acquittal, Dr Lynch (pictured on the left above when he appeared at TechCrunch Disrupt) said: “I am elated with today’s verdict and grateful to the jury f ...
UK entrepreneur cleared by US jury of all charges over £8.3bn sale of Autonomy to HP
Sky News· 2024-06-06 20:28
UK entrepreneur Mike Lynch has been cleared of all charges by a US jury in the high-profile fraud case related to the sale of his software company Autonomy to Hewlett-Packard (HP) in 2011.Dr Lynch, who was extradited to the United States to face trial just over a year ago, was acquitted alongside a former finance executive Stephen Chamberlain who had faced the same charges. They were accused of conspiracy and attempted fraud over the £8.3bn sale to HP - a deal that has been the subject of costly legal actio ...
Humane, the startup behind the AI Pin, in talks with HP, telecoms to sell
CNBC· 2024-06-06 15:19
Core Insights - Humane, an AI hardware startup founded by former Apple designers, is seeking a buyer after the lackluster debut of its AI Pin device [1][2] - The company is in discussions with HP and other firms, including multiple telecom companies, and has engaged investment bank Tidal Partners for advisory on a potential deal [1] Company Overview - The AI Pin is marketed as a smartphone replacement, allowing users to make calls, send texts, and perform searches through voice control [1] - The device is priced at $699 and requires a $24 monthly data subscription to T-Mobile [1] Product Reception - The AI Pin received a tepid response from gadget reviewers, with criticisms labeling it as untrustworthy and not very useful, describing it as "more science project than finished product" and "totally broken" [1] - Reviewers characterized the device as a "party trick" at best, indicating significant issues with its functionality [1] Funding and Financials - Humane raised $100 million in funding last year from notable investors including Microsoft, LG's venture arm, and Tiger Global, bringing its total funding to over $200 million [2] - Key backers include OpenAI CEO Sam Altman and Salesforce CEO Marc Benioff [2] Development Timeline - A source indicated that Humane is approximately six months behind its original timeline for product development, which is typical for hardware startups [2]
HP Inc. (HPQ) Management presents at Bank of America Global Technology Conference (Transcript)
Seeking Alpha· 2024-06-05 20:43
HP Inc. (NYSE:HPQ) Bank of America Global Technology Conference June 5, 2024 2:20 PM ET Company Participants Alex Cho - President, Personal Systems Conference Call Participants Ruplu Bhattacharya - BofA Securities Ruplu Bhattacharya Hey, everyone. Thanks for joining us today on the second day of our 2024 Global Technology Conference. My name is Ruplu Bhattacharya, and I'm with the equity research team covering IT hardware and electronics manufacturing services. Today I'm filling in for Wamsi Mohan, who is t ...
HP Inc. (HPQ) Management presents at Bank of America Global Technology Conference (Transcript)
2024-06-05 20:43
HP Inc. (NYSE:HPQ) Bank of America Global Technology Conference June 5, 2024 2:20 PM ET Company Participants Alex Cho - President, Personal Systems Conference Call Participants Ruplu Bhattacharya - BofA Securities Ruplu Bhattacharya Hey, everyone. Thanks for joining us today on the second day of our 2024 Global Technology Conference. My name is Ruplu Bhattacharya, and I'm with the equity research team covering IT hardware and electronics manufacturing services. Today I'm filling in for Wamsi Mohan, who is t ...
International Markets and HP (HPQ): A Deep Dive for Investors
ZACKS· 2024-06-03 16:21
Have you evaluated the performance of HP's (HPQ) international operations for the quarter ending April 2024? Given the extensive global presence of this personal computer and printer maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. ...