Summary:
- Hewlett-Packard (HP) has discontinued its TouchPad tablet, a competitor to Apple's iPad, after poor sales.
- The company is also shutting down its webOS smartphone and tablet business, and is considering spinning off or selling its PC division.
- These decisions reflect HP's struggles to compete in the rapidly evolving mobile and tablet computing markets, where it has failed to gain significant market share against industry leaders like Apple and Google.