
Hewlett-Packard on Wednesday reported its second-quarter earnings that beat Wall Street

SAN FRANCISCO (Reuters) - Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce, generating annual savings of $3 billion to $3.5 billion as it exits fiscal 2014. The world's No. 1 personal computer maker said in a statement most of those savings would be reinvested into the company. (Reporting By Poornima Gupta; Editing by Bernard Orr)

I came to America as a transfer student in the fall of 2004. I did three years of computer engineering in India and then transferred to Purdue University Calumet. On July 2, 2005, just a month before graduation, a guy who lived on the first floor of my apartment building set fire to his place.

THE RESULTS: Lenovo Group, the world's second-largest personal computer maker, says quarterly profit rose 59 percent on record sales.

(Reuters) - Facebook Inc and banks including Morgan Stanley were sued by the social networking leader's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion initial public offering. The defendants, who also include Facebook Chief Executive Officer Mark Zuckerberg, were accused of concealing from investors during the IPO marketing process "a severe and pronounced reduction" in revenue growth forecasts, resulting from increased use of its app or website through mobile devices. Facebook went public last week. The lawsuit was filed in U.S. ...

Taiwan-based computer chip manufacturer VIA Technologies Inc. has unveiled an inexpensive and compact computer, hoping to help drive innovation in the compact computing market.

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