Hewlett Packard in its fiscal fourth quarter financial report included the costs in the amount of 8.8 billion dollars due to serious accounting irregularities in its subsidiary Autonomy. With this HP admitted that they bought Autonomy based on dodgy data and false accounting reports in which the data was hidden. Overall, HP in its fourth quarter had a loss of 6.9 billion dollars, while revenues were $30 billion, which is 7% lower than a year before. Throughout fiscal 2012 HP has reported a loss of $12.7 billion on revenue of $ 120.4 billion.
Wal-Mart and Target have revealed that interest in the Nintendo Wii U is surely big. The new console is already sold out in the United States. Some of the most famous and definitely the largest supermarket chains in the United States have stated that the Nintendo Wii U is already sold out. Specifically, Wal-Mart and Target are unanimous that the Nintendo Wii is sold out and that they were more than pleasantly surprised by the interest for the new console.
Paul Otellini is leaving Intel. The duty of the CEO's in this giant chip developer has been Otellini's for the last eight years and he was only the fifth CEO in Intel’s 45 year history. A lot has changed since he became Intel's CEO back in 2005, mobile and tablet devices are becoming more and more popular and therefore the chips for them became an important part of the market. Otellini decided that it's time for a new generation to take over Intel and lead them into new successes in this field too.
Yet another busy day at Apple, as they acquire another patent on something pretty ridiculous. Animation flipping pages in applications is now owned by Apple. The U.S. Patent Office granted Apple a patent for this animation.
According to several rumors, Yahoo could soon expand areas of cooperation with Facebook. One consequence could be a cessation of the partnership between Microsoft and Yahoo. Will the two ladies Marissa Mayer and Sheryl Sandberg change the way we search the internet, or at least give some decent competition to Google and other search engines.
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