Hewlett-Packard chairman steps down

Hewlett-Packard chairman Ray Lane is stepping down, two weeks after he was nearly ousted by shareholders at the company's annual meeting.

Shareholders are upset by a series of mistakes that have damaged the company's share price, including the 8.8 billion dollar (£5.77 billion) write-down on the 10 billion dollar (£6.56 billion) acquisition of business software maker Autonomy in 2011.
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