August 18th, 2011 08:02 View Comments
A number of readers submitted rumors about a few announcements HP was to make today. Now that has actually happened and the news looks grim. For starters they are exiting the tablet and phone market and repositioning webOS for use in appliances and vehicles. While confirming they are in talks to acquire Autonomy, they also announced they are considering exiting the PC hardware business entirely in order to focus on their software business.