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Hewlett-Packard Board Approves Split into Two Companies
Hewlett-Packard Board Approves Split into Two Companies
Hewlett-Packard Co said its board had approved the previously announced split of the company into two separate listed entities - computers and printers, and corporate hardware and services.
Hewlett-Packard said recently that it expected its split into Hewlett Packard Enterprise Co and HP Inc to be completed on Nov. 1.
A day later, Hewlett Packard Enterprise, comprising the corporate hardware and service business, will start trading on the New York Stock Exchange under the ticker symbol ‘HPE’.
Hewlett-Packard, which will be renamed HP and comprise the computers and printers business, will continue to trade under its current ticker symbol.
Hewlett-Packard shareholders will get one share of Hewlett Packard Enterprise for each share held as of Oct. 21.
The tax-free distribution will be on a pro-rata basis, the 75-year-old company said.
Hewlett-Packard announced the split in October 2014 after years of struggling to adjust to the post-PC computing era.
Hewlett-Packard said it expected Hewlett Packard Enterprise to start trading on a ‘when issued’ basis on or around Oct 19
Facebook has been Exploring Ways to Use Aircraft and Satellites
I’m excited to announce our first project to deliver internet from space. As a part of their Internet.org efforts to connect the world, they are partnering with Eutelsat to launch a satellite into orbit that will connect millions of people.
Over the last year Facebook has been exploring ways to use aircraft and satellites to beam internet access down into communities from the sky. To connect people living in remote regions, traditional connectivity infrastructure is often difficult and inefficient, so they need to invent new technologies.
As a part of our collaboration with Eutelsat, a new satellite called AMOS-6 is going to provide internet coverage to large parts of Sub-Saharan Africa. The AMOS-6 satellite is under construction now and will launch in 2016 into a geostationary orbit that will cover large parts of West, East and Southern Africa. We’re going to work with local partners across these regions to help communities begin accessing internet services provided through satellite.
This is just one of the innovations they are working on to achieve our mission with Internet.org. Connectivity changes lives and communities. They are going to keep working to connect the entire world — even if that means looking beyond our planet
Dell Unveils XPS 12, the World’s First 2-in-1 with a 4K Display
PCs are a hot commodity again thanks to the success of Windows 10. Convertibles or Ultrabets (Ultrabook and tablet hybrids), as some call them, are more attractive than ever, thanks to groundwork laid down by Microsoft’s Surface Pro.
Dell’s joining in on the fun with the XPS 12, a new 2-in-1 convertible PC with a 12.5-inch 4K InfinityEdge display that transforms between tablet and laptop mode
At 2.8 pounds, the XPS 12 is ultra lightweight — not as light as the new MacBook, which is only two pounds, but still light enough to toss in your bag and not feel it on your shoulders.
The XPS 12 also supports the Dell Active Pen, which works with OneNote and sketching apps, as well as Microsoft Edge, Windows 10’s new default web browser.
The tablet half has two cameras: an 8-megapixel camera on the back and a 5-megapixel camera on the front.
Productivity junkies will love the two Thunderbolt 3 ports, which is 8 times faster than USB 3.0. There’s also a USB Type-C port and an SD card reader built into the keyboard dock.
The XPS 12 will be available in November from Dell.com starting at $999 for a full HD screen model. The 4K model with 8GB of RAM and a 256GB SSD will cost $1,299 w