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Hewlett-Packard Company (HP)


Self Description

September 2006: "HP is a technology company that operates in more than 170 countries around the world. We explore how technology and services can help people and companies address their problems and challenges, and realize their possibilities, aspirations and dreams. We apply new thinking and ideas to create more simple, valuable and trusted experiences with technology, continuously improving the way our customers live and work.

No other company offers as complete a technology product portfolio as HP. We provide infrastructure and business offerings that span from handheld devices to some of the world's most powerful supercomputer installations. We offer consumers a wide range of products and services from digital photography to digital entertainment and from computing to home printing. This comprehensive portfolio helps us match the right products, services and solutions to our customers' specific needs."

  • HP was incorporated in 1939.
  • Corporate headquarters are in Palo Alto, Calif.
  • Mark Hurd is president and CEO.
  • HP is a Fortune 11 company, with $86 billion in revenue, generating $7 billion in organic growth for fiscal year 2005.
http://www.hp.com/hpinfo/abouthp/

Third-Party Descriptions

April 2012: "Apple serves as a window on how technology giants have taken advantage of tax codes written for an industrial age and ill suited to today’s digital economy. Some profits at companies like Apple, Google, Amazon, Hewlett-Packard and Microsoft derive not from physical goods but from royalties on intellectual property, like the patents on software that makes devices work. Other times, the products themselves are digital, like downloaded songs. It is much easier for businesses with royalties and digital products to move profits to low-tax countries than it is, say, for grocery stores or automakers. A downloaded application, unlike a car, can be sold from anywhere."

http://www.nytimes.com/2012/04/29/business/apples-tax-strategy-aims-at-low-tax-states-and-nations.html

April 2012: "At Hewlett-Packard, the government is looking into whether former employees engaged in bribery, embezzlement and tax evasion in order to help a former German subsidiary of the company land an IT contract in Russia. The bribes were paid to the General Prosecutor's Office of the Russian Federation and may have gone on for 5 years from 2001 to 2006. The company said U.S. investigators are also looking at deals the company struck in 5 other European countries dating back to 2000."

http://finance.fortune.cnn.com/2012/04/26/walmart-bribery-investigations/

January 2012: "Many major technology companies have worked with factories where conditions are troubling. However, independent monitors and suppliers say some act differently. Executives at multiple suppliers, in interviews, said that Hewlett-Packard and others allowed them slightly more profits and other allowances if they were used to improve worker conditions."

http://www.nytimes.com/2012/01/26/business/ieconomy-apples-ipad-and-the-human-costs-for-workers-in-china.html

May 2008: 'To bolster their earnings statements for investors and Time Warner, AOL executives allegedly worked up illegal marketing arrangements with companies such as WorldCom, Hewlett-Packard, Sun Microsystems and Veritas Software, according to the lawsuits. In those agreements, AOL allegedly paid the companies to buy online advertising space from AOL, booking the proceeds as revenue in a practice known as "roundtrip" transactions.'

http://www.washingtonpost.com/wp-dyn/content/article/2008/05/19/AR2008051901686.html

May 2007: The dispute stems from an investigation of Hewlett-Packard’s directors initiated under the company’s former chairwoman, Patricia C. Dunn. To try to uncover leaks from board members, private investigators examined the phone records of nine journalists who covered the company, as well as the records of some of their relatives.

http://www.nytimes.com/2007/05/07/business/media/07hp.html

April 2007: The California Senate is considering a bill that would strengthen state privacy laws by banning the use of false statements and other misleading practices to get personal information. The tactic, known as pretexting, created a firestorm of criticism when detectives hired by Hewlett-Packard Co. used it last year to obtain phone records of board members, journalists and critics.

http://www.latimes.com/business/la-fi-pretext7apr07,1,1936238.story

September 2006: Hewlett-Packard Co. chief executive Mark V. Hurd approved an elaborate 'sting' operation on a reporter in February in an attempt to plug leaks to the media, according to an e-mail message sent by HP Chairman Patricia C. Dunn.

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/20/AR2006092001964.html

Relationships

RoleNameTypeLast Updated
Status/Name Change to Agilent Technologies Organization Apr 10, 2008
Owner of (partial or full, past or present) Compaq Computer Corporation Organization Nov 17, 2003
Owner of (partial or full, past or present) Electronic Data Systems Corporation (EDS) Organization Dec 27, 2008
Owner of (partial or full, past or present) Mercury Interactive Organization Jun 1, 2007
Opponent (past or present) New York Times Company Organization Nov 24, 2007
Owner of (partial or full, past or present) Snapfish Source Feb 21, 2008
Member of (past or present) White Spaces Coalition Organization Oct 27, 2008
Employee/Freelancer/Contractor (past or present) Julia Angwin MBA Person Oct 10, 2011
Organization Head/Leader (past or present) Léo Apotheker Person Oct 10, 2011
Organization Head/Leader (past or present) Patricia C. Dunn Person Sep 21, 2006
Organization Head/Leader (past or present) Ms. Carleton "Carly" S. Fiorina Person
Employee/Freelancer/Contractor (past or present) Candace Fleming MBA Person Apr 19, 2010
Organization Head/Leader (past or present) Owned by (partial or full, past or present) Founded/Co-Founded by William "Bill" R. Hewlett Person Jul 1, 2010
Organization Head/Leader (past or present) Mark V. Hurd Person Sep 21, 2006
Organization Executive (past or present) Dr. Alan Kay Ph.D. Person Aug 10, 2011
Organization Head/Leader (past or present) Founded/Co-Founded by David Packard Person Feb 28, 2008
Organization Executive (past or present) Dan J. Warmenhoven Person Dec 27, 2008
Organization Head/Leader (past or present) Meg Whitman Person Oct 10, 2011

Articles and Resources

46 Articles and Resources. Go to:  [Next 20]   [End]

Date Fairness.com Resource Read it at:
Dec 01, 2012 As Companies Seek Tax Deals, Governments Pay High Price

QUOTE: states, counties and cities are giving up more than $80 billion each year to companies. The beneficiaries come from virtually every corner of the corporate world, encompassing oil and coal conglomerates, technology and entertainment companies, banks and big-box retail chains. The cost of the awards is certainly far higher....A portrait arises of mayors and governors who are desperate to create jobs, outmatched by multinational corporations and short on tools to fact-check what companies tell them....Many of the officials said they feared that companies would move jobs overseas if they did not get subsidies in the United States. Over the years, corporations have increasingly exploited that fear, creating a high-stakes bazaar where they pit local officials against one another to get the most lucrative packages.

New York Times
Apr 28, 2012 How Apple Sidesteps Billions in Taxes

QUOTE: The growing digital economy presents a conundrum for lawmakers overseeing corporate taxation: although technology is now one of the nation’s largest and most valued industries, many tech companies are among the least taxed, according to government and corporate data. Over the last two years, the 71 technology companies in the Standard & Poor’s 500-stock index — including Apple, Google, Yahoo and Dell — reported paying worldwide cash taxes at a rate that, on average, was a third less than other S.& P. companies’.

New York Times
Apr 26, 2012 Not just Wal-Mart: Dozens of U.S. companies face bribery charges

QUOTE: Deere, Disney, Hewlett-Packard, Qualcom and many others are also under investigation for violations of the U.S. Foreign Corrupt Practices Act.

CNN (Cable News Network)
Jan 25, 2012 In China, Human Costs Are Built Into an iPad

QUOTE: workers assembling iPhones, iPads and other devices often labor in harsh conditions, according to employees inside those plants, worker advocates and documents published by companies themselves. Problems are as varied as onerous work environments and serious — sometimes deadly — safety problems....More than half of the suppliers audited by Apple have violated at least one aspect of the code of conduct every year since 2007, according to Apple’s reports, and in some instances have violated the law.

New York Times
Feb 27, 2011 Insulting Chuck Lorre, Not Abuse, Gets Sheen Sidelined

QUOTE: So the message from CBS and Warner Brothers seems clear: abuse yourself and the women around you to your heart’s content, but do not attack the golden goose.

New York Times
Jul 01, 2010 The ignominious fall of Dell: Dell may never recover from the revelation that it sold faulty PCs -- and then blamed its customers

QUOTE: what we've learned about Dell recently doesn't qualify as an understandable mistake. Only a rotten company sells defective computers and lies about it.

InfoWorld
May 26, 2010 California Puts Vote Overhaul on the Ballot

QUOTE: a [California-Ed.] ballot measure that would replace traditional primaries in state and Congressional elections with, effectively, two rounds of voting. All candidates would run in the first round, and the top two vote-getters — regardless of party affiliation, or unaffiliation — would then face each other in the general election. Voters’ ultimate choice could be two Republicans or two Democrats, or two candidates with high name recognition, or deep pockets, or populist appeal.

New York Times
Feb 17, 2010 Turning Patents Into ‘Invention Capital’

QUOTE: Admirers of Mr. Myhrvold, the scientist who led Microsoft’s technology development in the 1990s, see an innovator seeking to elevate the economic role and financial rewards for inventors whose patented ideas are often used without compensation by big technology companies. His detractors see a cynical operator deploying his bulging patent trove as a powerful bargaining chip, along with the implied threat of costly litigation, to prod high-tech companies to pay him lucrative fees.

New York Times
Nov 04, 2009 Cuomo Files Federal Antitrust Suit Against Intel

QUOTE: ...New York’s attorney general, Andrew M. Cuomo, filed a federal antitrust lawsuit Wednesday against Intel, the world’s largest chip maker.

New York Times
Jul 16, 2009 Scavenging Hazardous 'E-Waste' for a Few Redeemables

QUOTE: Agbogbloshie is one hotspot in a growing mountain of hazardous electronic waste, according to environmentalists...

Washington Post
Jun 01, 2009 The fight over open source 'leeches': Open source is supposed to be all about community, but as commercial open source becomes the norm, fewer developers are giving back. Is that hurting open source?

QUOTE: There's long been a tension within the open source community between those who have seen it as a movement and those who believe it is a business.

InfoWorld
May 27, 2008 Phone Giant in Germany Stirs a Furor

QUOTE: In a case that echoes the corporate spying scandal at Hewlett-Packard, Deutsche Telekom said there had been “severe and far-reaching” misuse of private data involving contacts between board members and reporters. The disclosure, which was prompted by a report on Saturday on the Web site of the news magazine Der Spiegel set off a storm of protest from privacy advocates, journalists, and labor representatives at the company.

New York Times
May 19, 2008 SEC Sues 8 Former AOL Officials: Regulator Alleges Inflation of Online Ad Revenue

QUOTE: In the complaints filed in a federal court in Manhattan, the SEC contended that the former AOL executives "knowingly or recklessly engineered, oversaw and executed a scheme to artificially and materially inflate the company's reported online advertising revenue."

Washington Post
Feb 01, 2008 Refurb Madness

ABSTRACT: A series of consumer advice articles/sidebars explaining how the Refurbished PC industry works and providing a wealth of tips, questions to ask, and overviews of the leading manufacturers' policies.

PC Magazine
Oct 05, 2007 Will Costa Rica join Latin America's leftward tide? Costa Ricans vote Sunday whether to approve a free-trade pact with the US.

QUOTE: Supporters, including Costa Rican President Oscar Arias, say that the agreement is essential for jobs and investment and that it will keep the technology sector booming. Opponents say the deal will flood the market with cheap imports, will be a boost to multinationals at the expense of small-business owners, and threaten national sovereignty.

Christian Science Monitor
Jun 08, 2007 A 'Failure of Leadership': Congress flounders on immigration reform, prompting an angry outcry from business and workers

QUOTE: On June 8, in the wake of the Senate's failure to push forward an immigration reform bill, union groups, high-tech companies, restaurant owners, and contractors all raised their voices in protest.

BusinessWeek
Jun 06, 2007 N.Y. Ethics Opinion Makes Exception to Deceit Rule

QUOTE: New York lawyers may use undercover investigators to ferret out civil rights violations and the sale of counterfeit goods without violating the Code of Professional Responsibility, according to a recent ethics opinion by the New York County Lawyers' Association last week.

Law.com
Jun 01, 2007 SEC Says Former Mercury GC Falsified Records: Securities regulators filed a wide-ranging suit against former Mercury executives

QUOTE: In addition to accusing Skaer of helping the company backdate and improperly account for millions of dollars worth of options from 1997 through April 2002, the SEC singled her out for allegedly falsifying board of director approval of some grants.

Recorder
May 07, 2007 Journalists Intend to Sue Hewlett-Packard Over Surveillance

QUOTE: To try to uncover leaks from board members, private investigators examined the phone records of nine journalists who covered the company, as well as the records of some of their relatives. While the dispute revolves around the issue of how the journalists’ careers may have been damaged by having their phone records examined, the threat to sue also raises the question whether it is proper for a news organization or its reporters to sue a company they cover. It is certainly not common.

New York Times
May 03, 2007 E-mail may be hazardous to your career: Careless e-mailing has brought down some high-flyers. Fortune shares tips on how to keep safe.

QUOTE: And e-mail doesn't ensnare just the top brass.... For most of us, common sense and good values keep such problems at bay. But there are plenty of gray areas when it comes to e-mail

CNN (Cable News Network)

46 Articles and Resources. Go to:  [Next 20]   [End]