Silicon Valley stalwart Hewlett-Packard Co, which has struggled to adapt to the new era of mobile and online computing, plans to split into two companies as it looks to put more focus on the faster-growing corporate services market, according to a Wall Street Journal report on Sunday.
Tags: Silicon Valley
Entrepreneur, 13, gets Intel funding for low-cost Braille printer
If Shubham Banerjee cannot lay claim to being the world's youngest venture capital-backed entrepreneur, he comes very close. Banerjee was 12 years old when he closed an early-stage funding round with Intel Capital, the company's venture capital arm, last month for his prototype for a low-cost Braille printer.
Uber looks to pick up another $1 billion in equity
U.S. taxi service firm Uber said it is in early talks with investors to raise money at a higher valuation than $17 billion it secured with June's round of funding, Financial Times reported on Friday citing people familiar with the matter.
Apple's Cook: 'I'm proud to be gay'
Apple Inc (AAPL.O) CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights forward.
Salesforce to make big push into healthcare industry
Salesforce Inc is betting big on healthcare, hiring key personnel and ramping up investment in hopes of replacing outmoded medical industry infrastructure and carving out a $1 billion annual business.
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High salaries and free food aren't enough any more in Silicon Valley, where maturing companies are competing for talent with creative health care and "wellness" programs that use gadgets to promote good behavior.
Softbank Corp’s investment in a Hollywood movie studio represents the coming out party for two new players in the U.S. entertainment industry -- the Japanese telecommunications company and Nikesh Arora, the former Google Inc executive running a new media and internet company.
PayPal's biggest threat as it prepares to split from eBay (EBAY.O) next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobile phones rather than personal computers.
A proposed merger of Internet pioneers AOL Inc and Yahoo Inc could create a nimbler player in Web video, but strong growth, the measure of success in Silicon Valley, would remain elusive.
Amazon.com Inc will boost staffing at its secretive Silicon Valley-based hardware unit by at least 27 percent over the next five years as it tests Internet-connected "smart" home gadgets such as a one-button device to order supplies.
Electric carmaker Tesla Motors Inc on Friday announced it is rolling out a software upgrade over-the-air to its current Model S owners, a unique ability that other automakers are expected to offer within a few years.
Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.
Larry Ellison, co-founder and leader of Oracle Corp (ORCL.N) for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change.
In the last week of August, Twitter entertained dozens of potential young recruits at a chic studio, while Facebook served drinks and snacks to job-seekers at its own office. More than 175 showed up to a similar event at Google in June.
