HEWLETT-PACKARD Co, a week after ousting chief executive Carly Fiorina for failing to produce the profits she promised, said first-quarter earnings were little changed.

Hewlett-Packard Co shares had their biggest gain in two years after the computer maker said fourth-quarter profit beat its forecast and Chief Executive Carly Fiorina said she’s fixed mistakes in the server business.

Personal-computer shipments worldwide will grow at a slower rate than originally anticipated in the third quarter this year, says JPMorgan Chase & Co.

Microsoft Corp, the world's number one software company, has said it has signed a memorandum of understanding with China's Ministry of Information Industry (MII), under which it will set up Windows .NET-based technology laboratories in China.

EMC CORP, the world's third-largest maker of data-storage computers, had a fourth-quarter profit of $220.1 million as acquisitions helped boost sales 25%.

SHARES of Hewlett-Packard Co, the world’s second-biggest computer maker, fell as much as 12% after the company said it missed analysts’ third-quarter sales and profit estimates and cut personal computer prices too much.

Gateway Inc and Hewlett-Packard Co will require employees not directly involved with customer activities to take five or more days off later this month in a bid to cut costs, the Wall Street Journal reported, citing company spokespeople.

Microsoft Corp is to unveil its new tablet computer system - a notepad-size computer controlled by a pen, the Financial Times reported without citing sources.