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Facebook Hires Top Google Exec As COO 1Q Profit Rises 38 Percent. HP House committee chair lambasts Yahoo Microsoft Puts $240M In Facebook

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Summary.     Click for More >
Startup to take on Bluetooth HP in talks to buy Electronic Data Systems
Jun.2
May.12
  Hewlett-Packard is in advanced talks to buy Electronic Data Systems for about $12 billion to compete with IBM in the business info. Technology
Mar.4
Feb.19

year 2007 ... more >
Oct.24

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Details:

Startup to take on Bluetooth  Ozmo Devices' products and software allow device manufacturers to connect laptops, mobile phones using another popular technology: Wi-Fi HP in talks to buy Electronic Data Systems

June 2008 ... more > Top ^

Jun.2  

May 2008 ... more > Top ^

May.12
  Hewlett-Packard is in advanced talks to buy Electronic Data Systems for about $12 billion to compete with IBM in the business info. Technology
May.1 Sun swings to 3Q loss, shares tumble

March 2008 ... more > Top ^

Mar.7 Facebook Founder Makes Forbes List Mar.4 Facebook Hires Top Google Exec As COO  VP of global online sales Sheryl Sandberg's defection from Google, represents a coup for Facebook

February 2008 ... more > Top ^

Feb.19 1Q Profit Rises 38 Percent  HP: Hewlett-Packard delivered a fiscal 1st-quarter profit above analyst expectations and brightened its outlook for the rest of the year

January 2008 ... more > Top ^

Jan.20  HP families protect vast ranch Jan.16 Sun to buy MySQL for $1 billion

year 2007 Top ^

Dec.5  Facebook founder apologizes Nov.19  4Q Profit Up 28%, Beating Estimates Nov.6  Sun Microsystems Sees 1Q Profit House committee chair lambasts Yahoo Oct.24 Microsoft Puts $240M In Facebook  Rapidly rising Internet star has sold a 1.6% stake to Microsoft, spurning a competing offer from online search leader Google Oct.9  Fiorina Joins New Fox Business Channel Aug.14 VMware shares hot on first day of trading  Shares rocketed almost 76% at $52, far above its initial price of $29 a share, raising almost a billion dollars Aug.7  Sun Microsystems to Reduce Work Force Jul.31  Shares jump 11% on 4th-quarter profit Jul.23 HP to Buy Opsware for $1.6 Billion Jul.20  Acer Files Suit Against Hewlett-Packard May.18  House where HP founded becomes historic May.16 2Q Profit Down, But Sales Up. HP May.10  Palo Alto Man Has Lunch With Buffett May.8  Hewlett Packard Hikes 2Q Outlook Apr.24  3Q Profit, But Shares Fall Google To Buy DoubleClick For $3.1B Apr.11  Facebook Gets Facelift, Adds More Tools Mar.14  Investors vote down sharehold. Proposal Feb.22  HP tightens belt as profit rises Jan.23  Profit After Years In Red Jan.1 Bay Area Bridge Tolls Increased. Bay Bridge

year 2006 Top ^

Dec.13 Congress Asks CEO To Explain Cashout. HP Dec.11 CFO Bob Wayman to retire. HP Dec.7 $14.5M To Settle State Pretexting Lawsuit. HP Nov.30 Shareholder Suit Claims Insider Trading. HP Nov.16 Hewlett-Packard Q4 Results Surge. HP Oct.31 Google Acquires Wiki Tool Developer Google buys YouTube for $1.65bn Sep.28 General counsel resigns from company. HP Sep.22 CEO Offers Apology; Chair Resigns Now
  HP: Mark Hurd announced that the fallout over the scandal also appeared to take down 2 senior HP employees
Sep.21 E-mails Suggest CEO Had Role In Scandal. HP Sep.12   Dunn to Step Down  HP: Patricia Dunn will step down as chairwoman amid a widening scandal. She will be succeeded by CEO Hurd Sep.6 HP Sought Director Records in Leak Probe
  Investigators sought private telephone records while hunting for leaks to the media of confidential information
 HP ousts veteran member of board George Keyworth. The techniques of the investigation relied on an illegal data mining method known as 'pretexting'
Aug.16  HP Beats Forecast As Sales Up 5% Jul.25 HP to buy Mercury Interactive for $4.5b  Mountain View: The all-cash price works out to $52 per share, a 33% premium above Mercury's closing price of $39 in the over-the-counter market May.31 Sun to Cut Up to 5,000 Jobs  Sun Microsystems planned to reduce 37,500-person work force by 11% to 13% to return to consistent profitability Apr.24   McNealy steps down as CEO  Sun: Sun Microsystems' Scott McNealy replaced by Jonathan Schwartz, who had served as COO and president Feb.15  Fiscal First Quarter Profit Jumps 30%

year 2005 Top ^

Jul.19 Hewlett-Packard cuts 14,500 staff  HP: HP is to lay off about 10% of its workers over the next 18 months as part of its long-awaited restructuring Jun.2   Sun buys StorageTek for $4.1 billion  Sun Microsystems has signed a deal to buy the technology firm to become more competitive in business data storage Mar.29   Mark Hurd named as new CEO  HP: Hewlett-Packard named Mark Hurd, 48, the leader of the computer services company NCR to succeed Carly Fiorina Feb.9   CEO Fiorina out
  HP: Hewlett-Packard Chairman and CEO Carly Fiorina leaving after fight with board; will walk away with $21m
7-fold improvement in quarter profit Jan.24  Board considers shifting Fiorina duties

year 2004 Top ^

Aug.12 3rd-quarter earnings below expectations. HP May.18 Profit jumps 34%, but analysts cautious. HP Apr.2 Sun settles with Microsoft, cuts 3,300 job  Struggling server maker reached a sweeping, $1.6 billion settlement and plans to cooperate with its longtime nemesis Feb.19  Profit jumps 30%

year 2003 Top ^

Nov.19  Earnings more than double Sep.29  $1.05 billion charge for fiscal 4th quarter Sep.18  Sun to cut another 1,080 jobs Aug.19  3rd-quarter earnings miss expectations Jul.22  4th-quarter revenue falls 13% May.20  Jobs cut as earnings beat expectations Feb.25  Quarter earnings beat expectations Feb.21 Agilent to cut 4,000 more jobs  Maker of test and measurement equipment, will cut 11% of its work force, after posting a wider quarter loss Feb.18  Overture to buy AltaVista for $140 million

year 2002 Top ^

Dec.23  Microsoft Ordered to Carry Sun's Java Oct.17 Sun posts $111M loss, to cut 4,400 jobs Sep.25 HP to cut additional 1,800 jobs Aug.29  Sun to hit bottom part of revenue Jul.19  Sun Shares Off 27% Jul.18  Returns to profitability in fourth quarter 4,000 jobs trimmed Jul.9 Pioneer of Gnutella dies at 25  Belmont: Gene Kan, an unofficial spokesman for file-swapping Gnutella, found dead of an apparently self-inflicted gunshot wound Jun.24  Layoffs allegedly favored foreign workers May.7 Merger Layoffs Will Hit At Least 15,000. HP May.3 Compaq acquisition officially closed. HP May.1  Sun president stepping down Apr.30 Judge rules Compaq deal can continue. HP Apr.17 Independent: investors approve vote. HP Mar.19   CEO claims victory in merger vote
  HP: Dissident board member W. Hewlett insisted the vote remained too close to call.    The turbulent shareholder meeting drew more than 2,000 mom-and-pop investors, current and past Hewlett-Packard employees...
Mar.8 Sun sues Microsoft Mar.6  Regulators Approve HP-Compaq Deal Mar.5 Research firm recommends merger. HP Feb.14  PayPal prices IPO at $13 per share Feb.13  HP earnings soar

year 2001 Top ^

Dec.7  Packard Foundation against merger Nov.15 Agilent to cut 4,000 more jobs Yahoo to cut 400 jobs Nov.6 Founder family oppose Compaq deal. HP Oct.18  Sun beats expectations Oct.5 Sun cut 9% of work force Sep.3   HP buying Compaq for $25 billion  The new company with annual earnings of $3.9 billion and 145,000 employees would rival IBM Aug.20  Agilent cutting 4,000 jobs Aug.16  HP reports 89% drop in profit Jul.26 HP cutting 6,000 jobs  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force May.29  Sun Microsystems lowers forecasts Intel Launches Pentium 4 Chip Apr.18  HP to cut 3,000 jobs Jan.12 William Hewlett dead at 87  He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley

HP in talks to buy Electronic Data Systems



Palo Alto, Business Financial Timeline ... See Bay Area Financial timeline, World Financial timeline Top ^
2003
Sep.29  $1.05 billion charge for fiscal 4th quarter



Palo Alto, Business Merger Timeline ... See Bay Area Merger timeline, World Merger timeline Top ^
2008
May.12
  Hewlett-Packard is in advanced talks to buy Electronic Data Systems for about $12 billion to compete with IBM in the business info. Technology
Jan.16 Sun to buy MySQL for $1 billion 2007 Oct.24 Microsoft Puts $240M In Facebook  Rapidly rising Internet star has sold a 1.6% stake to Microsoft, spurning a competing offer from online search leader Google Jul.23 HP to Buy Opsware for $1.6 Billion 2006 Oct.31 Google Acquires Wiki Tool Developer Jul.25 HP to buy Mercury Interactive for $4.5b  Mountain View: The all-cash price works out to $52 per share, a 33% premium above Mercury's closing price of $39 in the over-the-counter market 2005 Jun.2 Sun buys StorageTek for $4.1 billion  Sun Microsystems has signed a deal to buy the technology firm to become more competitive in business data storage 2003 Feb.18  Overture to buy AltaVista for $140 million 2002 May.3 Compaq acquisition officially closed. HP Apr.17 Independent: investors approve vote. HP Mar.19 CEO claims victory in merger vote
  HP: Dissident board member W. Hewlett insisted the vote remained too close to call.    The turbulent shareholder meeting drew more than 2,000 mom-and-pop investors, current and past Hewlett-Packard employees...
Mar.6  Regulators Approve HP-Compaq Deal Mar.5 Research firm recommends merger. HP 2001 Dec.7  Packard Foundation against merger Nov.6 Founder family oppose Compaq deal. HP Sep.3 HP buying Compaq for $25 billion  The new company with annual earnings of $3.9 billion and 145,000 employees would rival IBM


Palo Alto, Business Highway Business Timeline ... See Bay Area Highway Business timeline, World Highway Business timeline Top ^
2007 Jan.1 Bay Area Bridge Tolls Increased. Bay Bridge


Palo Alto, Business Earnings Timeline ... See Bay Area Earnings timeline, World Earnings timeline Top ^
2008 May.1 Sun swings to 3Q loss, shares tumble Feb.19 1Q Profit Rises 38 Percent  HP: Hewlett-Packard delivered a fiscal 1st-quarter profit above analyst expectations and brightened its outlook for the rest of the year 2007 Nov.19  4Q Profit Up 28%, Beating Estimates Nov.6  Sun Microsystems Sees 1Q Profit May.16 2Q Profit Down, But Sales Up. HP May.8  Hewlett Packard Hikes 2Q Outlook Apr.24  3Q Profit, But Shares Fall Feb.22  HP tightens belt as profit rises Jan.23  Profit After Years In Red 2006 Nov.16 Hewlett-Packard Q4 Results Surge. HP Aug.16  HP Beats Forecast As Sales Up 5% Feb.15  Fiscal First Quarter Profit Jumps 30% 2004 Aug.12 3rd-quarter earnings below expectations. HP May.18 Profit jumps 34%, but analysts cautious. HP Feb.19  Profit jumps 30% 2003 Nov.19  Earnings more than double Aug.19  3rd-quarter earnings miss expectations Jul.22  4th-quarter revenue falls 13% Feb.25  Quarter earnings beat expectations 2002 Oct.17 Sun posts $111M loss, to cut 4,400 jobs Aug.29  Sun to hit bottom part of revenue Jul.18  Returns to profitability in fourth quarter Feb.13  HP earnings soar 2001 Oct.18  Sun beats expectations Aug.16  HP reports 89% drop in profit May.29  Sun Microsystems lowers forecasts


Palo Alto, Business Media Timeline ... See Bay Area Media timeline, World Media timeline Top ^
2007 Oct.9  Fiorina Joins New Fox Business Channel


Palo Alto, Business Job Cut Timeline ... See Bay Area Job Cut timeline, World Job Cut timeline Top ^
2007 Aug.7  Sun Microsystems to Reduce Work Force 2006 May.31 Sun to Cut Up to 5,000 Jobs  Sun Microsystems planned to reduce 37,500-person work force by 11% to 13% to return to consistent profitability 2005 Jul.19 Hewlett-Packard cuts 14,500 staff  HP: HP is to lay off about 10% of its workers over the next 18 months as part of its long-awaited restructuring 2004 Apr.2 Sun settles with Microsoft, cuts 3,300 job  Struggling server maker reached a sweeping, $1.6 billion settlement and plans to cooperate with its longtime nemesis 2003 Sep.18  Sun to cut another 1,080 jobs May.20  Jobs cut as earnings beat expectations Feb.21 Agilent to cut 4,000 more jobs  Maker of test and measurement equipment, will cut 11% of its work force, after posting a wider quarter loss 2002 Sep.25 HP to cut additional 1,800 jobs Jun.24  Layoffs allegedly favored foreign workers May.7 Merger Layoffs Will Hit At Least 15,000. HP 2001 Nov.15 Agilent to cut 4,000 more jobs Oct.5 Sun cut 9% of work force Aug.20  Agilent cutting 4,000 jobs Jul.26 HP cutting 6,000 jobs  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force Apr.18  HP to cut 3,000 jobs


Palo Alto, Business High Tech Timeline ... See Bay Area High Tech timeline, World High Tech timeline Top ^
2008 Jun.2 Startup to take on Bluetooth  Ozmo Devices' products and software allow device manufacturers to connect laptops, mobile phones using another popular technology: Wi-Fi 2007 Dec.5  Facebook founder apologizes May.18  House where HP founded becomes historic Apr.11  Facebook Gets Facelift, Adds More Tools


Palo Alto, Business IPO Timeline ... See Bay Area IPO timeline, World IPO timeline Top ^
2007 Aug.14 VMware shares hot on first day of trading  Shares rocketed almost 76% at $52, far above its initial price of $29 a share, raising almost a billion dollars 2002 Feb.14  PayPal prices IPO at $13 per share


Palo Alto, Business Business Lawsuit Timeline ... See Bay Area Business Lawsuit timeline, World Business Lawsuit timeline Top ^
2007 Jul.20  Acer Files Suit Against Hewlett-Packard 2006 Dec.7 $14.5M To Settle State Pretexting Lawsuit. HP Nov.30 Shareholder Suit Claims Insider Trading. HP 2002 Dec.23  Microsoft Ordered to Carry Sun's Java Apr.30 Judge rules Compaq deal can continue. HP Mar.8 Sun sues Microsoft


Palo Alto, Business Business Leaders Timeline ... See Bay Area Business Leaders timeline, World Business Leaders timeline Top ^
2008 Mar.7 Facebook Founder Makes Forbes List Mar.4 Facebook Hires Top Google Exec As COO  VP of global online sales Sheryl Sandberg's defection from Google, represents a coup for Facebook 2007 May.10  Palo Alto Man Has Lunch With Buffett 2006 Dec.13 Congress Asks CEO To Explain Cashout. HP Dec.11 CFO Bob Wayman to retire. HP Sep.28 General counsel resigns from company. HP Sep.22 CEO Offers Apology; Chair Resigns Now
  HP: Mark Hurd announced that the fallout over the scandal also appeared to take down 2 senior HP employees
Sep.12 Dunn to Step Down  HP: Patricia Dunn will step down as chairwoman amid a widening scandal. She will be succeeded by CEO Hurd Apr.24 McNealy steps down as CEO  Sun: Sun Microsystems' Scott McNealy replaced by Jonathan Schwartz, who had served as COO and president 2005 Mar.29 Mark Hurd named as new CEO  HP: Hewlett-Packard named Mark Hurd, 48, the leader of the computer services company NCR to succeed Carly Fiorina Feb.9 CEO Fiorina out
  HP: Hewlett-Packard Chairman and CEO Carly Fiorina leaving after fight with board; will walk away with $21m
Jan.24  Board considers shifting Fiorina duties 2002 May.1  Sun president stepping down


Palo Alto, Business Real Estate Timeline ... See Bay Area Real Estate timeline, World Real Estate timeline Top ^
2008 Jan.20  HP families protect vast ranch


Palo Alto, Business Stocks Timeline ... See Bay Area Stocks timeline, World Stocks timeline Top ^
2007 Jul.31  Shares jump 11% on 4th-quarter profit Mar.14  Investors vote down sharehold. Proposal 2002 Jul.19  Sun Shares Off 27%


Palo Alto, Business Business Obituary Timeline ... See Bay Area Business Obituary timeline, World Business Obituary timeline Top ^
2002 Jul.9 Pioneer of Gnutella dies at 25  Belmont: Gene Kan, an unofficial spokesman for file-swapping Gnutella, found dead of an apparently self-inflicted gunshot wound 2001 Jan.12 William Hewlett dead at 87  He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley