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Struggling ST-Ericsson replaces CEO

Loss-making mobile chip venture ST-Ericsson said on Monday its operations chief Didier Lamouche would replace its Chief Executive Gilles Delfassy from the start of December.
Amazon

Black Friday Online-Sales Growth Lags, Year on Year

Amazon.com Inc., eBay Inc., and other online commerce companies had a strong Black Friday, but the industry's growth rate lagged last year's surge in online buying on the traditional first day of the holiday shopping season.
Itanium chip

HP, Battling Oracle, Moving to Newer Intel Chip

Hewlett-Packard, the No. 1 computer company, will phase out an older Intel chip on high-end servers in favor of a newer one. Besides offering more power, another goal could be to battle rival Oracle.
California Republican gubernatorial candidate Meg Whitman speaks to supporters during her election night loss in Los Angeles

Whitman's top job: restore HP credibility, jumpstart growth

Hewlett Packard's new Chief Executive, Meg Whitman, passed her first test with investors, calming nerves and assuring Wall Street that the technology giant will be disciplined with its investments and focused on core operational improvements.
A view of the Hewlett Packard headquarters in Palo Alto

HP Profit View Lowered at Deutsche Bank

Deutsche Bank has lowered its profit estimates of Hewlett-Packard Co. (NYSE:HPQ) saying that profit centers of the company's major businesses are structurally handicapped and turnaround will be long and slow.
Billionaire Warren Buffett

Buffett in Japan, Spotlight on Investment

Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.
Hewlett Packard executive chairman and Kleiner Perkins managing partner Ray Lane works on his computer at his home in Atherton, California November 11, 2011.

Insight: Is Ray Lane HP's Agent of Change?

When Ray Lane took over as chairman of Hewlett-Packard Co a year ago, he was looking forward to working with longtime associate Leo Apotheker, who had just been appointed CEO to repair the damage done by the messy departure of Mark Hurd.

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