Hewlett-Packard on Monday launched a Moonshot system that uses smartphone-style chips to power compact, efficient data center servers. The California-based computer maker said Moonshot systems take up a fifth of the space of traditional computer servers and can cut energy use by as much as 89 percent while costing about…
SAN FRANCISCO — Hewlett-Packard said Wednesday it plans to cut 27,000 jobs, or eight percent of its global workforce, by 2014 in a major restructuring effort for the computer giant. The world’s biggest personal computer maker said the move was part of “a multi-year productivity initiative designed to simplify business…
NEW YORK — US stocks jumped Thursday as traders grew bullish on fresh economic indicators in the United States, Asia and Europe. Gains on all three key indices topped 1.3 percent, with big rises among the Dow blue chips led by a 4.6 percent spike higher by Caterpillar and a…