• A sign is posted outside of the Hewlett-Packard headquarters on May 23, 2014 in Palo Alto, California. HP announced on Thursday that it plans to lay off an additional 11,000 to 16,000 employees over its previously scheduled mass layoffs of 34,000.

    Silicon Valley giant to separate its personal-computer and printer businesses from its technology services.

    LAST UPDATE : Oct 06, 2014, 2:17 AM EDT
  •  In this photo illustration, an eBay website is seen on a computer screen and the PayPal website is seen on an iphone on September 30, 2014 in Miami, Florida.

    Deal will give the unit more flexibility to strike deals in the rapidly evolving payments space.

    LAST UPDATE : Oct 01, 2014, 2:52 AM EDT