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Friday, August 19, 2011

HP Kills TouchPad, Looks To Exit PC Business

NEW YORK (CNNMoney) -- Hewlett-Packard is taking a hatchet to its business and doing some radical restructuring.

The company said Thursday that it is looking to spin off its industry-leading but struggling personal computer business. HP also killed off the TouchPad tablet it launched last month, as well as its webOS smartphone line.

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