Tag Archives: hp

Technology, U.S.

World War 3, Martial Law U.S. Front: ebay, Dell, HP, federal & state governments build World’s largest data collection spy center system in Utah! Real time data stream monitoring!

16 October 2013 (11:39 UTC-07 Tango)/11 Dhu’l-Hijja 1434/24 Mehr 1391/12 Ren-Xu (9th month) 4711

The United States government and ebay have things in common: They both partner to collect your personal data, and their major collection centers are based in the Mormon dominated state of Utah.  But ebay has built the World’s first energy independent collection center, according to ebay itself and Bloom Energy.

Don’t forget ebay has a data center in Arizona called Project Mercury.  In Las Vegas, Nevada, there is what’s being called the largest privately run data collection center in the World.  It’s operated by a company called Switch.  It’s users are “ebay, Google, Sony, Zappos, HP, Cisco, Activision, Intuit, University of Phoenix, Yahoo, MySpace, eHarmony, Sony or Disney, or any of those guys who have games on the internet.”-Rob Roy, Switch

Switch continues to expand its Las Vegas operations and will eventually have 2.2 million square feet (670560 square meters) of data center space (currently they’re just over 400-thousand square feet)!  The state of Nevada was influenced to give the green light to data collection centers by a report from Brookings Mountain West.  A former executive of Switch has started his own data collection company called Cobalt.

ebay’s Topaz data stealing center (created with help from Dell and Hewlett Packard) in Utah is located in South Jordan (just south of Salt Lake City).  It’s not new, but the fact that it is now independent of the power grid is.  It’s powered by Bloom Energy’s fuel cells, solar panels, and a heat waste recovery system is also being built for the center, to insure 100% power grid independence.  ebay’s own video presentation about the collection center states the center was built in partnership with federal and state governments!

ebay has also innovated a way that company (government?) officials can watch your data stream in real time.  It’s called Digital Service Efficiency (DSE).  According to Network Computing it appears to the user as “….a dashboard that displays power load, number of users, energy supplied and other measures of IT effectiveness along with the amount of revenue generated per user, cost of employing that user, carbon footprint and other measures of business activity.”

(note that in the above quote, as a “user” of ebay you are considered an ’employee’, not a client)

According to ebay officials, this real time data dashboard (DSE) is intended to increase the number of transactions per kilowatt hour.  ebay also claims that they save millions of dollars in electrical power usage every time they increase the efficiency of their data collection process.

ebay says it will share any non-specific company DSE techologies with other companies, that are part of a consortium known as The Green Grid.  The current board members of The Green Grid are AMD, Cisco, Dell, EMC2, Emerson, Google, HP, IBM, Intel, Microsoft and Schneider.

By the way, ebay’s new massive data collection center is just north of the federal government’s massive data collection center, located on the Utah Army National Guard’s Camp Williams.

The Salt Lake Tribune reported that ebay got a $38.2 million tax break from Utah, for its new customer service center in Draper!   (as a ebay user I say Utah taxpayers got ripped!)

According to ebay, their motivation to build massive data storage centers is to reduce “environmental impacts”!  Hey, if you weren’t collecting individual’s data you wouldn’t need data centers at all!  Why don’t you try that for saving the environment?

(the correct official new spelling for ebay is all lower case.  why can’t you mainstreamer newsies get it right?)

Business/Economics, Idaho, Opinion, Technology, U.S.

What Democracy? Idaho voters fools, lap top proposition a done deal to help save HP!

The Idaho media reported that the majority of Idaho voters turned down propositions that were an attempt to make public education better (Idaho consistently ranks low in quality of education in the United States, I guess most people in Idaho are happy with that).

What the dumb voters (encouraged by the dumb Idaho media) don’t know is that those propositions are not going away.  State legislatures will simply revisit those proposals, and can even pass them as laws without voter input (they’ve done it before).

But here’s one good reason that Proposition 3 (provision of computing devices and online courses for high school graduation, aka lap tops for students proposal) isn’t dead: Hewlett Packard was already awarded an eight year $180 million USD contract to provide those lap tops, back on 23 October!

Now you voters in Idaho don’t want to be responsible for anymore layoffs there at the Boise HP Center, do you?

Here’s some of the latest data to show you how bad education is in the Gem State:

Montana State University:  Idaho ranks 33rd for teacher quality.  Idaho ranks 35th for education input.  Idaho ranks 33rd for education social impact.  Idaho submitted no data for the education output & education efficiency rankings.

Quality Counts Education Survey, 2012: Idaho ranks 47th (tied with Nevada). 

CNBC Business ranking 2012:  Idaho ranks 48th in the survey’s Education category, a drop from 45 in 2011.

U.S. Census Bureau: Idaho ranks 50th in school spending.  I’m normally against increased spending, especially since most of the money goes to administrative costs and not actual education, or is not even accounted for, (and it seems year after year I have to pay more fees, besides property taxes, for my high school aged kids).  But maybe there is a correlation here?  However, according to National Kids Count Program (2009 data), when you adjust spending on regional cost of living then Idaho actually spends more than California, per student! Ah ha!

Here’s the problem I have with increasing funding: For example, School District 25 gets millions and millions of dollars from local property taxes (technically they’re called fees, which is why school officials get away with telling voters that school bonds/levies will not raise “taxes”.  A few years ago a local newspaper article revealed that just one major employer in Pocatello pays $1 million yearly in school fees on their property tax bill!).  Then they get money from the State and Federal governments (again from our taxes we pay).  Then, supposedly, they get millions from Powerball Lottery (at least that’s what the lottery advertisements say).  Oh, and I almost forgot the grant money, and computers they get donated from corporations, like the Albertson’s Foundation (I remember when my kids were attending Chubbuck Elementary [little more than ten years ago], seeing the school get new computers almost every year, and one year one of my kid’s teachers admitted that she didn’t even use them ’cause it was too stressful for her to learn how!)!  Yet school district officials are always whining that they don’t have enough money!  I want to see an investigation and a detailed breakdown of where all that money goes!

And if the votes of Idaho voters really count, then what’s going to happen to the $180 million HP is getting for Proposition 3, the Proposition voters just rejected?

(Here’s an update for 09 November 2012: my youngest daughter came home from school [she’s a Junior at one of the local high schools] saying that teachers were trying to explain that the “lap tops for students” was still happening, despite the election results.  You see, your votes really don’t count!)

Business/Economics, Idaho, International, Technology, U.S.

What Economic Recovery? Hewlett Packard boss to reveal her secret plans!

“I believe in creative destruction.”-Meg Whitman, CEO Hewlett Packard

“It’s staggering, this is now the cheapest big stock in the last 25 years. That reflects an industry belief that the company is going to decline.”-A. M. Sacconaghi, Bernstein Research

According to a New York Times article, Meg Whitman will reveal her tactical plans for rejuvenating Hewlett Packard (HP) on Wednesday, 03 October 2012.

HP employes thousands of people in the United States (Boise, Idaho. Houston, Texas. Costa Rica), but those jobs have been disappearing, and under Whitman’s plans could be reduced even more. She wants to continue HP’s spread across the world, already HP has at least 60,000 employees in India alone!

Whitman says she hopes to get her changes completed within four years.  But one thing’s for sure, HP has got to stop buying up losing companies: Just last year HP spent $10 billion USD buying a company called Autonomy.

Here’s a good thing about Whitman, she hates bureaucracy.  The first thing she did at HP was to consolidate and trim the upper management.

On 03 October we’ll find out just how much more trimming she’ll do to the rest of the company.

 

 

Business/Economics, Idaho, International, Technology, U.S.

What Economic Recovery? Hewlett Packard spending millions to save money in Idaho? Announces even more layoffs! Refuses to pay fair share in taxes! Hoping to save itself by making a deal with the devil: Israel!

“Just think of all the value that they have destroyed. It has been a case of just horrible management.”-Brian Marshall, ISI Group

23 September 2012, the past month has been a busy month of announcements from struggling computer maker, Hewlett Packard (HP).

At the end of August, HP reported a quarterly loss of $8.9 billion USD! (Dell computer maker also reported a big loss)  Then at the beginning of September, HP officials announced they will layoff 29,000 employees by 2014, that’s an increase of 2,000 from their layoff announcement in May of this year.

HP blamed the quarterly loss on down sales, and the cost of downsizing the company!

According to an Idaho Statesmen report, HP spent $50 million, over the past few years, downsizing its operations at the huge Boise HP campus.

The report also pointed out that HP is refusing to publish just how many people have lost their jobs at the Boise campus.  The Idaho Statesmen estimates it to be in the hundreds (at least 320).

HP also isn’t mentioning the fact that they’ve spent more than $40 billion on buying up worthless companies!

Just days ago a U.S. Senate investigation revealed that HP is one of thousands of unAmerican Corporations (including Microsoft) that are working hard to avoid paying taxes.

“The bottom line of our investigation is that some multinationals use our current tax system to engage in shams and gimmicks to avoid paying the taxes they owe.”-Carl Levin, Senator from Michigan

The Senate Permanent Subcommittee on Investigations discovered that HP avoided paying $4.5 billion in taxes, from 2009 to 2011, by using complicated offshore loan deals  (you see it’s not just Mitt Romney, everyone in unAmerican Corporate America does it).

Of course HP officials deny it: “I can assure the committee that HP takes seriously its obligations to accurately follow accounting principle and to pay taxes that it owes.”-Lester D. Ezrati, HP

HP also has operations in Israel, and today it was announced that HP is in the running for a huge military contract worth half a billion USD!  (IBM, Dell and Lockheed Martin have also bid)

The contract will be for a new huge Israeli Defense Forces (IDF) computer server farm based in the Negev desert.  It will be the main server farm for electronic logistics, communication and military intelligence operations being run by other newly built bases in the Negev.

Business/Economics, Idaho, Technology, U.S.

What Economic Recovery? Hewlett Packard to report record loss, gives half a million dollars worth of stuff to Idaho university!

“…HP carries so much weight in the area, when they do something, when HP sneezes, you know, there is a ripple effect.”-Matt Rissell, Idaho Technology Council’s Software Alliance, interview with Boise State Public Radio

22 August 2012, Hewlett Packard (HP) is expected to report a record quarterly loss of almost $9 billion USD.  It’s the largest loss for HP ever!

HP is already in the process of laying off 27,000 employees.  People in Idaho are worried because HP has a huge campus in Boise, and any layoffs there will definitely hit other Boise area businesses: “For every hundred workers you lose, you’re going to lose at least another fifty.”-Don Holley, economics professor Boise State University

But despite all this doom and gloom, HP is actually benefiting Boise State University, in fact it’s benefiting another chip/computer maker, Idaho’s own Micron.

On 21 August 2012, it was announced that Hewlett Packard donated half a million U.S. dollars worth of equipment to the new Micron Business and Economics Building, located on the Boise State campus.

“We are working with Boise State to provide key technology that will enhance the student experience and help build future business and community leaders.”-Von Hansen, HP Boise

Notice Hansen didn’t say anything about employment, the focus is on “business and community leaders”.  Most leaders actually have a poor history of new job creation.

 

 

Business/Economics, Technology, U.S.

What Economic Recovery? Hewlett Packard going down, HP to cut even more jobs in Boise?

“We didn’t make the investments we should have during the past few years to stay ahead of customer expectations and market trends. As a result, we see eroding revenue and profits today.”-Meg Whitman, CEO of HP, February interview

There’s rumors that Hewlett Packard is considering merging its computer production, with its printer production.  Boise, Idaho, is home to a huge HP compound that includes  printer manufacturing.

Analysts say they don’t know what good will come from such a merger, but agree that people are going to lose their jobs: “HP has some massive structural fixes that they need to make, and this doesn’t come close. I don’t see how this changes anything apart from probably giving you an excuse to cut some heads and cut some costs.”-Rob Cihra, Evercore Partners

Business/Economics, Idaho, International, Technology, U.S.

Corporate Incompetence: Could demise of Hewlett Packard’s WebOS end hundreds of jobs in Idaho? HP in bed with Microsoft? We’ll find out in two weeks

“We should announce our decision in the next two weeks. This is not an easy decision, because we have a team of 600 people which is in limbo.”-Meg Whitman, CEO Hewlett Packard

French media interviewed Hewlett Packard’s latest CEO, Meg Whitman.  She says what they decide to do with their WebOS system will affect at least 600 HP employees.

Other media reports confirmed that 525 layoffs, made back in September, were the result of ending WebOS hardware production.  Since August the system has been up for sale, no takers so far.

It’s strange because as recently as July, Stephen DeWitt, head of the WebOS business unit, claimed that WebOS was so versatile that it could be used in a “universe of devices”.

What happened? Executives at HP have decided to use Microsoft’s Windows 8 operating system. In explaining the embracing of Windows 8 Whitman also explained why they canceled their number two selling tablet, the TouchPad: “Internet tablets are mainly used to consume media and e-mails. If you want to use productivity software such as Microsoft, you can not…This is an important area in which we want to go.”  “We stopped using the products that use the operating system WebOS. We will return in 2012. We will have an internet tablet that will use Microsoft Windows 8.”

The new HP tablet that runs on Window 8 is called Slate 2.

Whitman also talked about the high turnover of HP CEOs, and her plans with the company: “HP has had three CEOs in less than two years.  I’m here to stay. Even if my friend Mitt Romney becomes the next president of the United States, I will not join him in Washington.”  “We must invest more in storage, networks and servers to align ourselves with our competitors like EMC and Cisco. Our last server, which uses an ARM processor is more efficient in terms of energy consumption. We need these major innovations to differentiate ourselves.”

In November unnamed sources at HP’s, Boise, Idaho operations leaked word of more layoffs.  Between 3,000 and 4,000 people work at HP’s Boise facilities.  Could the demise of WebOS have anything to do with it?  According to the French newspaper, Le Figaro, Whitman said the world will find out in two weeks.

Business/Economics, Idaho, Technology, U.S.

Corporate Incompetence: Hewlett Packard gets downgraded, Idaho still waiting for official job layoffs announcement

“Major strategic reversals” is one reason why Standard & Poor’s just downgraded Hewlett Packard’s credit rating.

S&P’s also blamed HP’s inconsistent behavior: “We have concerns that HP’s inconsistent growth strategies and high levels of board of director and senior management turnover have elevated the level of operational and execution risk in the near term.”-Martha Toll-Reed, Standard & Poor’s

I’ve written about some of HP’s hypocritical behavior, like laying off hundreds of U.S. employees, buying back millions of dollars worth of their own stocks, then investing billions into their Taiwan operations, and hiring hundreds of employees in Taiwan.

Another dumb move was cancelling production of their TouchPad tablet. Turns out it was the number two selling tablet in the U.S.!

It’s been revealed that HP just spent U.S.$11.7 billion to buy a British software company called Autonomy.  $6 billion of that was in cash!!! Couldn’t HP have used that money to keep U.S. workers employed, or improve their products (they really need to)?

Back at the beginning of November someone at their Boise, Idaho, operation leaked that more layoffs were coming.  Officially HP is working on a press release to explain it. It’s the start of December now, and still no press release.

S&P’s has downgraded HP’s credit rating to BBB+.

Business/Economics, Idaho, U.S.

What Economic Recovery? Corporate layoffs & stock market games, part of Corporate America’s stock buy back scheme. Hewlett-Packard case in point

“We’re relatively pessimistic about the economic outlook in two of our three major regions. 2012 just looks tough to me.”-Meg Whitman, new CEO of Hewlett-Packard

“It’s an extraordinarily unimaginative way to use money.”-Robert Reich, former U.S. Secretary of Labor

What’s the former U.S. Secretary of Labor talking about? Why Corporate America buying back its own stocks.  Companies are able to do this because they are not spending money on research and development, and, according to a New York Times article, it’s the real reason companies are still laying off employees. They’re using the money they would have paid for the labor to buy back company stocks.

In November employees at the Boise, Idaho, Hewlett-Packard (HP) factory reported that layoffs were in the works.  In July HP bought back U.S.$10 billion of their own stocks, then laid off 500 employees in September.  HP officials avoided directly answering questions about layoffs in Idaho by saying they were working on a “press release”.  It’s been a couple of weeks now and no press release.

A lot of problems are being created by the way Corporate America is buying back their stocks.  For one it artificially increases the value of their stocks:  “Unless earnings per share are adjusted to reflect the buyback, then to base a bonus on raw earnings per share is problematic. It doesn’t purely reflect performance.”-John L. Weinberg, University of Delaware

Number two, it’ll delay any economic recovery: “It’s a symptom of a deeper problem, which is a lack of investment in the long term. If we’re not investing in research, innovation and entrepreneurship, we’re going to be a slow growth country for a decade.”-William W. George, Harvard Business School

And thirdly, it’s increasing unemployment, which is only adding to the downward spiral of the economy.

On November 22, Meg Witman, former eBay CEO, former California Gubernatorial candidate, and new CEO of Hewlett-Packard, was questioned about HP’s huge cuts in R&D.  Here’s her response: “It’s not (return on investment) in year one or two. I think the investments we make in 2012 you’ll start to see in 2014 and 2015. I wish I could tell you differently but it’s not true. And you’re right. We cut out a lot of muscle in R&D at this company and we have to invest back in it. It’s a long term play. I will tell you, this management team, we are now building HP, we’re building it to last. We’re not building it for next month or next quarter. We are building this company to be great over the next decade. And you’ll see improvements every single year. You’ll be able to measure us on how we’re doing. But we’re making some long term bets here because we can’t continue to run this company for the short term.”

Knowing that the latest trend in Corporate America is buying back their own stock, at the expense of R&D and employment, is that what Whitman means when she says “…we’re making some long term bets…”?

Whitman’s answer is confusing.  Traditional economics tells you that investing in R&D is a long term “bet”.  Yet Whitman calls it “short term”. 

So is that what Whitman means when she says we should see returns on investment in 2014/2015?  The investment meaning buying back their own stocks?

Anyone who’s taken economics, or business courses should know that traditional investment into your own company means R&D; to come up with more efficient ways to produce products, or coming up with new products/services, better marketing, etc.  But it does not mean buying back your own stocks.

Perhaps stock buybacks are the real reason there are layoffs coming for HP’s Boise operation, and officials are still trying to come up with a good sounding reason for their forthcoming “press release”?

Hopefully, since Whitman just started her job as HP CEO, she’s talking about a return to traditional economics. Hopefully it’ll mean an end to HP’s stock buy backs and a return to putting money into R&D and employment, she did say: “We cut out a lot of muscle in R&D at this company and we have to invest back in it.” Oh well, wishful thinking.

 

Business/Economics, Idaho, Technology, U.S.

What Economic Recovery? Former HP employee, and MBA holder, finds new job by NOT talking about his college education

“Nobody ever thinks, ‘Hey, I’m having trouble getting a job now.  Let me go get this extra degree and I’m sure I’ll still have trouble.’”-Nathan Bussey

In 2008, Idahoan Nathan Bussey lost his coveted job with Hewlett-Packard.  He used the unexpected time off to get an MBA.

Forget the rhetoric coming out of Corporate America, that they can’t find “qualified” applicants, Bussey discovered that having a college degree actually hurt his chances of getting a job.   That’s because the only jobs available don’t really require college.

This year Bussey took a job with a dreaded call center.  He did not tell them about his MBA, because it would’ve hurt his chances for getting hired.  He’s getting paid much less than when he was working for HP, but he and his wife are desperate: “We have no savings anymore. If something happened, if one of us got hurt or sick, we certainly would be in a much worse situation now.  We’ve used our buffer.  That rainy day fund is now gone.”