WRAL Tech Wire

 In wake of HP $8.8B writedown, Autonomy founder defends finances

Mike Lynch, who founded the British software company accused by HP of falsifying finances, said that while he may have used some of the contested accounting and sales methods, they were all legal.

Questions surround deal

 HP Software remains at the heart of corporate turnaround aspirations

Analysis: Although HP Software is small relative to HP's corporate total (making up just 4 percent of total revenue), the business unit maintains HP's highest operating margin and growth, making it a key asset to HP.

 HP takes $8.8B charge, says firm it bought lied about finances

HP says a British company it bought for $10 billion last year lied about its finances, resulting in a massive write-down of the value of the business.

 Earnings preview: HP to close books on a dismal year

Hewlett-Packard's fourth-quarter earnings will provide the latest snapshot of a technology pioneer struggling to regain its edge as its personal computers and printers lose their appeal in a market tilting toward smartphones and tablets.

 Slowing sales hit No. 4 PC maker Acer; profits plunge

Acer's shipment decline for the quarter was wider than the overall market as the company's sales of Ultrabooks, light notebooks that mimic Apple's MacBook Air, failed to meet expectations. The release of Windows 8 this month may not be enough to spur sales growth in the coming quarter.

 HP's black day: Fall from No. 1 PC spot highlights its challenges

Hewlett-Packard's six-year reign as the world's top personal-computer maker was ended by Lenovo, highlighting the challenges facing Chief Executive Officer Meg Whitman as she strives to revive growth at the 73-year-old technology U.S. company.

 Research firm: PC sales to fall for first time since 2001

iSuppli says back-to-school season "appears to be a bust" and a variety of factors - the economy, tablets, mobile devices and smartphones - have combined to lead its analysts to forecast the first decline in global PC sales since 2001.

PC sales to fall in 2012, iSuppli says.

 Analyst: HP should break itself up to boost value

HP's stock price has fallen so much that the company also could be vulnerable to a takeover attempt by a rival, although a Wall Street analyst believes that is unlikely to happen because the most likely suitors - Oracle Corp. and IBM Corp. - already sell many of the same products and services that HP does.

 Whitman's HP turnaround plan falls flat on Wall Street

Meg Whitman's strategy for turning around Hewlett-Packard Co. failed to convince investors looking for speedier recovery and more sweeping change at a company struggling to compete in everything from personal computers to technology services. The shares dropped to a 10-year low.

 Intel software snag reportedly hampers new Windows tablets

Microsoft hasn't yet approved any tablets featuring an Intel processor code-named Clover Trail because the chipmaker hasn't produced necessary power-management software, a source tells Bloomberg.

 Meg Whitman looks to 'cloud' as salvation for HP

Meg Whitman, a year into the CEO job, plans to sharpen the company's focus on corporate clients with a new product lineup that includes software and tablets for businesses and a machine that combines storage, computing and networking, according to people familiar with the matter. She'll explain her approach to analysts Oct. 3 in San Francisco.

Meg Whitman

 Intel slashes forecast; HP cuts 2,000 more: Bad news for tech sector

The world's largest chip manufacturer cut its revenue forecast on Friday to $700 million below analysts' forecasts. Declining PC sales to corporate customers is the big reason. More bad news: HP increases layoffs.

 HP to cut another 2,000 jobs, to take $3.7B loss

Hewlett-Packard is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.

 Taiwan rivals could create world's No. 1 PC manufacturer

A potential buyout of Acer by Asustek would create the world's No. 1 PC seller ahead of current leader HP and No. 2 Lenovo.

 HP to launch touch-screen laptops, including tablet

The new machines, Hewlett-Packard's first to offer the latest version of Microsoft's new Windows 8 flagship operating system, will include the SpectreTouchSmart Ultrabook with a 15.6-inch high- definition screen, and the Envy x2, which features a detachable touch screen on a magnetic hinge.

HP's new models

 Slumping Dell's $6B in debt sinks to junk status

The world's No. 3 PC maker is being treated like a junk-rated borrower as its cash falls to the lowest level in a decade with customers favoring tablets and smartphones over personal computers.

 Research firm slahes PC sales forecast through 2016

Global computer shipments will climb less than previously forecast this year amid a weak economy and as buyers await new models, research firms IDC and iSupply say.

PC sales projections

 Apple expands dominance in tablet market

Apple's market share climbed to 69.6 percent in the quarter from 58.1 percent in the previous three-month period, according to a report Tuesday from IHS iSuppli

Apple's iPad

 HP to report nearly $9B loss after writedown of assets

HP said it will take an $8 billion charge for the reduced value of Enterprise Services in the quarter that ended in July. The division, which provides information technology and outsourcing services to corporations, has seen flat revenue for the last two years, and its operating profit has declined.

 WSJ tech guru likes Lenovo's 'Carbon' - but not battery

Walt Mossberg, dean of technology journalists whose reviews carry a lot of weight, gives a mostly thumb's up review after testing Lenovo's new ThinkPad Carbon. But he is critical of its battery life and labels it "pricey."

The X1 Carbon from Lenovo