In a jiffy, there will be touch-capable Windows 8 hybrids and Ultrabooks from HP in the market. HP is all set to prepare itself for the big launch very soon. With the launch of its latest all-in-one (AIO) PCs, it is ensuring to modify its product lines.

Announcing a new tablet-laptop hybrid device, Envy X2 with operating system Windows 8, Hewlett-Packard has signaled the company's re-entry into the consumer tablet market, which it abandoned after the highly publicized failure of its TouchPad product. At first glance, the HP Envy X2 resembles a netbook, with a keyboard base and an 11.6-inch touch display.

Suffering their worst financial loss in their 73 years of existence, Hewlett-Packard reportedly lost $8.9 billion in its third fiscal quarter. The management has warned the company could struggle in the coming year 2013 as well. In a statement issued by HP CEO Meg Whitman on Wednesday, said, "HP is still in the early stages of a multi-year turnaround, and we're making decent progress despite the headwinds.

It has been informed that after working for two years for Hewlett-Packard Co., Jon Rubinstein has taken a back step. During his tenure, he enjoyed the post of Chief Executive at the Palm Inc.

While Hewlett-Packard (HP) is considering spinning off its PC division, rival manufacturer Dell is stressing on economies of scale from manufacturing and selling PCs.

In his keynote at the Oracle OpenWorld in San Francisco, Dell's chief executive Michael Dell said that there were numerous reasons to remain committed to personal computing.

In a Monday announcement, US computer bigwig Hewlett-Packard (HP) revealed that it has completed the $10.4billion (£6.7billion) acquisition of the British software firm Autonomy.