(Reuters) - Hewlett-Packard Co HPQ.N, which plans to split into two listed companies this year, said it expected to cut about 33,300 jobs over three years as the tech pioneer adjusts to falling demand. A Hewlett-Packard logo is seen at the company's Executive Briefing Center in Palo Alto, California January 16, 2013. REUTERS/Stephen Lam The latest cuts, on top of 55,000 layoffs previously announce
(Reuters) - RainDance Technologies Inc, a maker of gene-based tools to detect cancer and inherited diseases, said it planned to withdraw its initial public offering due to adverse “market conditions.” The move by RainDance, which filed for an IPO of up to $60 million in February, comes on the day of a sell-off in global equities following a slump in Chinese stocks. Other companies that have decide
Sprint has selected Brightstar founder Marcelo Claure as its new president and CEO, the company announced today. Claure, 43, has been on the board of Sprint since January and replaces outgoing CEO Dan Hesse. Today's news comes as Softbank and Sprint drop their attempted acquisition of T-Mobile US over antitrust concerns. ( Bloomberg reported Claure's appointment late last night, ahead of the offic
Rakuten, Japan’s largest e-commerce company, has opened two new branches of its research center in Boston and Singapore. Called the Rakuten Institute of Technology, the organization already has branches in New York, Tokyo, and Paris that not only support the company’s research and development, but also its efforts at worldwide expansion. The two new branches will work with universities and other o
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