Hewlett-Packard raised total compensation for chairman and chief executive Meg Whitman by 11% ahead of the company’s expected split into two publicly traded entities by the end of this year.

Hewlett-Packard is splitting into two companies, using a breakup to become nimbler after failing to keep up with the shift away from the printing and personal computing businesses it pioneered.

EMC, the maker of storage computers, facing the retirement of chief executive Joseph Tucci and activist pressure, is exploring strategic options that could include a full or partial sale, or a spinoff of VMware Inc.

The US stock market advanced for a fourth straight day, pushing the Standard & Poor’s 500 index to a record high.

Hewlett-Packard chief executive Meg Whitman is benefiting from a surge in PC sales. Now she needs to show she can make progress in other businesses, including software and services.

The decision on whether the planned 16,000 redundancies at Hewlett-Packard will affect its Irish operations in Leixlip will be made over the next few months, according to a company spokesperson.

Hewlett-Packard is being removed from the Dow Jones Industrial Average, a sign of waning confidence in the company’s turnaround efforts amid a historic slump in the PC industry.

German chancellor Angela Merkel has been named as the most powerful woman in the world by business magazine Forbes for the third year running.

The US justice department has opened an investigation relating to Autonomy Corp after Hewlett-Packard accused the software company of misrepresenting its performance before being bought last year.

Auditors are coming under the spotlight for all the wrong reasons and it appears that the profession’s public role of giving a ‘true and fair’ view of the state of a company’s finances is far from straightforward, writes Kyran Fitzgerald

Having defected from Google to head up its struggling rival, Marissa Mayer faces a daunting challenge to revive moribund tech giant Yahoo!, but her first set of quarterly results gives some cause for optimism, writes Kyran Fitzgerald

Hewlett-Packard cut the high end of its forecast for full-year profit amid falling demand for personal computers and business- technology services, underscoring the turnaround challenge facing CEO Meg Whitman.

Hewlett-Packard expects that Irish staff will be among the 27,000 jobs to be shed as part of a three-year global restructuring plan.

Some 4,000 workers at Hewlett Packard in Ireland are waiting to hear if their jobs will be affected after the company announced its to cut its global workforce by 8%.

Hewlett-Packard shares experienced their worst fall in five months after the firm’s fiscal second-quarter profit forecast fell short of analysts’ estimates as consumers curtailed personal-computer purchases.

Hewlett-Packard chief executive Meg Whitman pleaded for patience as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world’s largest technology companies.

HEWLETT-PACKARD last night forecast first-quarter profit that missed analysts’ estimates, a sign that chief executive Meg Whitman may struggle with the slump that led to the ousting of her predecessor, Leo Apotheker.

Hewlett-Packard’s chief strategy officer, Shane Robison, is stepping down, one of the first major casualties at the technology giant under new chief executive Meg Whitman.

US computer maker Hewlett-Packard has named Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, pushing aside Leo Apotheker after just 11 months in the role.

CALIFORNIA’S election of Democrat Jerry Brown as governor was an extraordinary political encore, letting him reclaim the office he held a generation ago.

Republicans captured Democratic governorships in at least 10 states, including some prime presidential battlegrounds, and hoped for even more gains.

THINGS are on the up for US billionaires with more than half of them adding to their net worth in a year which once again saw Bill Gates as the richest of them all, Forbes magazine said.

Attorney general Jerry Brown, the Democratic candidate for governor in California, is demanding that executions resume in the state as soon as next week in a push that marks a significant change of heart for the former outspoken death penalty opponent.

ONCE, California Democrats led the way to a year of the women. Now, nearly two decades later, Republicans hope that it’s their turn.

Barack Obama is bad for business, his Republican rival John McCain said today.

Internet auctioneer eBay said today it was cutting 125 jobs in Europe and North America, including 70 positions at the online auctioneer’s headquarters in San Jose, California.

THE world’s largest online auction company, eBay, will upgrade its website to placate sellers and revitalise the company’s slumping sales growth, chief executive officer Meg Whitman said yesterday.

Online auction site eBay got a lift from strong demand in the UK today after it emerged profits rose 24% in the final three months of the year.

eBay said tonight its fourth-quarter profits increased by 24% compared to the same period the year before, prompting executives to raise estimates for the current quarter.

Two of the internet’s best known names joined forces today in an agreement that will see Google sell advertising for auction site eBay outside the US.

World online marketplace eBay today officially opened a European Customer Support Centre in Blanchardstown in west Dublin.

Ebay, the largest shareholder in South Korea's Internet Auction, said it has no immediate plans to raise its stake in the company.

Online auctioneer eBay cashed in on its rapid growth today as it posted a 69% surge in profits.

CHAT show star Oprah Winfrey is the seventh most powerful woman in US business, ranking alongside a wealthy cast of top company executives.

Chat show star Oprah Winfrey is the seventh most powerful woman in American business, ranking alongside a wealthy cast of top company executives, it emerged today.

Online auction company eBay posted a profit of $ 104.2 million, or 32 cents a share, in the first quarter, which is double that it achieved for Q1 last year when it earned $ 47.6 million, or 17 cents a share.

EBay reported earnings that beat Wall Street forecasts and expressed confidence about its outlook.