HP set to split business into two next year, 5,000 more jobs lost

HP is reportedly looking to divide the company into two. As a result of this division, HP Inc. will focus on computing and printing while  Hewlett-Packard Enterprise will expand corporate computing, software, infrastructure and services as well as its finance division. This opens the company up to all sorts of possible partnerships and acquisitions from the likes of Lenovo or others. As with any major corporate restructuring for a company the size of HP, job losses are expected. Around 5,000 employees are expected to be cut.  This brings the number of job losses since Meg Whitman took over HP in 2011 to 55,000.

The quote from Whitman states, "The decision to separate into two market-leading companies underscores our commitment to the turnaround plan. It will provide each new company with the independence, focus, financial resources, and flexibility they need to adapt quickly to market and customer dynamics, while generating long-term value for shareholders."

Whitman is expected to be CEO fo the Enterprise division while remaining as Chairman of the PC and printing company.

Source: Recode

Adobe's new mobile apps transcend Creative Cloud beyond the desktop

Adobe recently updated its Creative Cloud Suite to include a series of new mobile apps that can transcend Creative Cloud to tablets and even smartphones. Seven apps, five of which are totally new are detailed after the jump.

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Hacked screenshots show support for money transfer on Facebook Messenger

Facebook might soon let you transfer money to your loved ones on its standalone messaging app.  Based on hacked screenshots taken by Stanford computer science student Andrew Aude, there is a button to initiate and send money. And you don't have to worry about your News Feed knowing about the transaction since it is kept private.

There will be an in-app pincode you have to enter to make sure the money goes to the intended individual. According to Aude, the feature currently only allows money transfer using a debit card.

Source: TechCrunch | Via: UPI

Microsoft RoomAlive turns your room into an Xbox game

Microsoft hopes to bring augmented reality gaming into your whole living room with its new proof-of-concept demo, RoomAlive. The concept makes use of six Kinect sensors and projectors to create that AR experience in a room. It'll let you reach out to hit objects or interact with the game using any surface in the room. Of course, it'll be too expensive to bring this setup to the market at the moment but Microsoft is hoping this will be part of the future of gaming.

Source: Projection Mapping Central | Via: The Verge