HP to lay off about 27,000, profit slides 31 percent
 SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher. The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014, when the layoffs are expected to the completed. The world's No. ...
On The Call: HP CEO Meg Whitman
Hewlett-Packard Co. expects to reduce its annual expenses by as much as $3.5 billion after cutting 27,000 jobs, or about 8 percent of its work force, within the next two-and-half years. iPhone 5: Reports of New Design
And the next iPhone chatter keeps on rolling. Over the last week the Wall Street Journal, Reuters, and Bloomberg have reported that the next iPhone will have a bigger screen. As previously reported by others, the WSJ and Reuters agree that the display will measure...
  Watch: Control Your Computer With the Wave of a Hand
Leap Motion is a new accessory that can track subtle finger movements.
Gadgets: Illuminating Speaker Dock
ABC News' gadget roundup this week features an illuminating speaker, carbon fiber ThinkPad ultrabook, and a new Sony camera. Click through for more exciting gadget picks this week.
Developments in Oracle vs Google legal case
Oracle Corp. had accused Google Inc. of patent and copyright infringement. Much of the dispute is over Google's Android, the mobile operating system that now powers more than 300 million smartphones and tablet computers.
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