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"We're running the playbook we know how to run very well," said Hurd, on a conference call with analysts. "We know how to get significant leverage out of our scale. We spent double-digit thousands of hours on the due diligence and planning. This thing (EDS) is very attractive. We didn't bake in a lot of revenue synergies, but they are there."
HP acquired EDS in a deal valued roughly at $12.8 billion. The move was outlined Tuesday morning amid a healthy dose of skepticism. Here's a memo from EDS CEO Ron Rittenmeyer, who will now report to HP CEO Mark Hurd.
Sprint Nextel said Monday that it has lost more than 1 million customers in the last year. Sprint, which has been busy of late with a WiMax joint venture with Clearwire and alleged takeover overtures from Deutsche Telekom, provided a healthy dose of its financial reality with its first quarter results.
Updated: Google on Monday outlined its Google Friend Connect, a service that promises to insert social features into any application and any site. Sound familiar? It is. MySpace has its friend connect service and Facebook has its version. Add it up and you have a good old fashioned ground war ...
Powerset has rolled out its semantic search engine and has managed to get a ton of attention. The larger question for me: Does it deliver? And where does Powerset make the most sense? Powerset on Monday introduced its natural language search for Wikipedia content (Techmeme). This effort is really a proof of conceptâ€"a strong oneâ€"to indicate what is possible if the Web were to go semantic. Powerset has raised $12.5 million in Series A funding and as Dan Farber notes will need more money if it's going to index the Web.
Business people can be hip too. That appears to be the message from Research in Motion and its motives behind its new BlackBerry Bold smartphone. There's definitely a hint of some iPhone envy here, but the device isn't a direct competitor.
Almost a month ago, Mowser founder Russell Beattie was lamenting his debts and telling folks his creation was disappearing. He also questioned the idea of the mobile Web overall. Fast forward a bit and Beattie is announcing the sale of Mowser to dotMobi. Go figure. Beattie writes: It took a f...
Google may be using its propertiesâ€"iGoogle, Gmail and Appsâ€"to step up its behavioral ad efforts. That's the conclusion from Piper Jaffray Gene Munster who tracks 400 searches on Google and Yahoo each month. Munster defines a behavioral ad as one that pertains to a past query. His takeawa...
Vonage is still losing money, but the bottom line is moving in the right direction. The company also signed a deal with Covad to offer DSL service. The VOIP provider on Thursday reported a first quarter net loss of $9 million, or 6 cents a share, compared to a loss of $72 million, or 47 cents a s...
The wait for AMD to outline its so-called "asset smart" strategy continues. AMD CEO Hector Ruiz in his annual shareholder meeting address failed to add any more detail about its manufacturing strategy going forward. AMD outlined its new server roadmap on Wednesday. In many respects, Ruiz rei...
News Corp. confirmed what had been reported for weeks: Fox Interactive revenue isn't going to hit its targets. The problem: Social networking is still very hard to monetize. Does inventory matter when you can't sell it? Peter Chernin, News Corp.'s operating chief, delivered his state of MyS...
AMD has revamped its server processor roadmap with plans to jump to six and then 12 cores in the first half of 2010, but the larger question is whether the company can actually deliver. Given that AMD has had a hard time delivering its quad-core chips and only recently started shipping it's a b...
Microsoft, just a few days removed from walking away from its Yahoo bid, is reportedly sniffing around Facebook. According to Kara Swisher, Microsoft's bankers contacted Facebook to see if Mark Zuckerberg and company would be interested in selling the company. The Wall Street Journal also repor...
Sprint and Clearwire have combined their WiMax businesses to form a new venture that will be focused on next generation broadband services. The company will be backed by $3.2 billion from the likes of Intel, Google, Comcast, Time Warner Cable and Bright House Networks. This new venture, which wil...
The Research in Motion vs. Apple smartphone face-off makes for a good story, but the companies present an interesting business strategy question: Is it better to start in the enterprise and then go consumer or vice versa? In an interview with me at SAP Sapphire (all resources) in Orlando RIM co-C...
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
For law enforcement investigating fraud cases, the hard part can be following the money to figure out where the tax dollars have gone.
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
According to air traffic control audio, security came to inspect the aircraft after someone named their Bluetooth device a "certain four-letter word."
The regulation, described in internal documents obtained by CBS News, would be the latest effort by President Trump's White House to tighten access to the U.S. asylum system.
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
The changes will affect how much students and their parents can borrow, as well as their repayment options.
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
The changes will affect how much students and their parents can borrow, as well as their repayment options.
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Congress is returning from recess to resume work on funding immigration agencies, following a GOP revolt over the Trump administration's "anti-weaponization" fund.
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
News that the 666 to Hel was back has spread quickly across Polish social media accounts, and beyond.
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
An Iranian woman who now lives in the U.S. spoke with CBS News as the war with Iran entered its fourth month.
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
Kane Parsons' psychological thriller "Backrooms" earned $81.5 million on its first weekend. Carter Evan reports on how the film's success could change Hollywood.
Anna Faris, who stars in the new "Scary Movie," joins "CBS Mornings" to discuss reviving the role she played in the original film, which debuted in 2000.
Model and entrepreneur Winnie Harlow sits down with "CBS Mornings" to discuss her new children's book, "Simply Winnie," and the message she hopes to pass on.
No one knew it at the time, but the Beatles performed their final ticketed concert 60 years ago in San Francisco. Anne Makovec shows us a new collection of rare photos from that historic night.
Hosted by Jane Pauley. Featured: Marilyn Monroe at 100; former first lady Jill Biden; children detained at the ICE facility in Dilley, Texas; living "books" at The Human Library; pickleball superstar Anna Leigh Waters; and the Undercroft beneath the Lincoln Memorial opens to the public.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Anthropic, the artificial intelligence company that created the Claude chatbot, said Monday it has confidentially filed for an initial public offering.
Claims have circulated on social media that fingerprints can be pulled from photos featuring peace signs, but experts say the risk to the average person is low.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
A teen girl has been arrested and charged for allegedly stabbing three horses during a racing event in Las Vegas, police said.
The suspect accused of killing three elderly men in a rural part of Hawaii's Big Island has been charged with murder, among a number of other offenses, police said Sunday.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Over the weekend, a United Airlines plane had to turn around mid-flight en route to Spain because of the name of a Bluetooth device. CBS News' Shanelle Kaul has more.
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The Justice Department said Monday it will stop work on a $1.776 billion "anti-weaponization" fund. CBS News chief White House correspondent Nancy Cordes reports.
The Justice Department said Monday it will stop work on its "anti-weaponization fund" after a judge's ruling. CBS News' Ed O'Keefe and Jake Rosen have the latest.