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Mike Lynch
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HP CEO Has Reshuffled Her Senior Team in Advance of The Announcement
Aug 23, 2013HP CEO Meg Whitman has reshuffled her senior team in advance of the announcement of what is expected to be lacklustre financial results later today. Chief operating officer Bill Veghte will replace Dave Donatelli as head of HP's ...
Tags: HP, Computer Products, software
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Tech City Are Struggling to Gain Capital, and Are Having to Make People Redundant
May 22, 2013Leaders at Tech City firms say their companies are struggling to gain capital, and are sometimes having to make people redundant as a result. A third of Tech City's business leaders said that their companies were hampered by a lack of ...
Tags: Computer Products, software
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HP Has Not Been Able to Innovate or Hold on to Talent in Recent Years
Mar 18, 2013HP has not been able to innovate or hold on to talent in recent years, according to former Autonomy boss Mike Lynch. Lynch, who was in charge of Autonomy when it was sold to HP in October 2011 for $11.1bn (£7bn), left the HP ...
Tags: HP, Computer Products
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HP's Purchase of Autonomy Is Under Investigation by The U.K. Serious Fraud Office
Mar 14, 2013Hewlett-Packard's purchase of Autonomy is under investigation by the U.K. Serious Fraud Office, the company said in a regulatory filing ahead of its annual meeting where there are expected to be challenges to the re-election of Chairman Ray ...
Tags: HP, software company, software
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HP's Purchase of Autonomy Is Under Investigation by The U.K. Serious Fraud Office
Mar 14, 2013Hewlett-Packard’s purchase of Autonomy is under investigation by the U.K. Serious Fraud Office, the company said in a regulatory filing ahead of its annual meeting where there are expected to be challenges to the re-election of ...
Tags: HP, Autonomy Acquisition, Investigation
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HP's Purchase of Autonomy Is Under Investigation by The Serious Fraud Office
Mar 13, 2013HP has confirmed that its purchase of Autonomy is under investigation by the Serious Fraud Office (SFO), despite Autonomy's former CEO Mike Lynch (pictured) claiming that he had heard "absolutely nothing" from the investigative body. HP ...
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Mike Lynch Has Stoked The Fire Against HP in His First on-Stage Interview
Mar 4, 2013Mike Lynch, the former CEO of Autonomy, has stoked the fire against HP in his first on-stage interview since the war of words between his former company and its acquirers began. HP shares up amid signs of confidence in restructuring ...
Tags: Autonomy, HP, accounting irregularities
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U.K.'s Financial Reporting Council Launched a Probe Into Autonomy's Financial Reporting
Feb 18, 2013The U.K.'s Financial Reporting Council has launched a probe into Autonomy's financial reporting over a period of more than two years prior to its acquisition by Hewlett-Packard. Autonomy's reports from January 2009 to mid-2011 will be ...
Tags: UK, financial report, Hewlett-Packard, acquisition
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Autonomy Is to Be Investigated Over Allegations of Accounting Irregularities
Feb 17, 2013Autonomy, the software vendor led by Dr Mike Lynch (pictured) and bought by HP for $10.3bn (£7.1bn) in 2011, is to be investigated over allegations of accounting irregularities. The Financial Reporting Council (FRC) has revealed it ...
Tags: Autonomy, software, company news
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HP Is to Axe Staff From Its Autonomy Business
Jan 16, 2013HP is to axe staff from its Autonomy business in a shake-up that will also see the company take on 50 new engineers. In an email published by AllThingsD, Robert Youngjohns (pictured), who took over as Autonomy CEO from Mike Lynch in ...
Tags: HP, Autonomy business, company news
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HP Will Continue to Evaluate Divestitures of Underperforming Parts of Its Business
Jan 5, 2013Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December. ...
Tags: HP, potential divestitures, business, underperforming parts
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The U.S. Department of Justice Is Investigating Its $10.3 Billion Acquisition of Autonomy
Jan 5, 2013HP said in a legal filing Thursday that the U.S. Department of Justice is investigating its $10.3 billion acquisition of enterprise search company Autonomy, which HP alleges inflated its value through accounting tricks. HP also said it ...
Tags: HP, U.S.Department of Justice, acquisition, DOJ investigation
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Hewlett-Packard's Bombshell Revelation That It Would Take a $8.8 Billion Non-Cash Writedow
Dec 31, 2012IDG News Service - Hewlett-Packard's bombshell revelation that it would take a $8.8 billion non-cash writedown after allegedly discovering major accounting fraud related to its Autonomy business unit has rocked the tech world. But the ...
Tags: Hewlett-Packard, bombshell, silver lining, Meg Whitman
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Class Action Is Filed Against HP After Investors Claim Firm Violated Securities Law
Dec 31, 2012A class action has been filed against HP after investors claim the firm violated federal securities law,following its acquisitions of Autonomy and EDS. The case put forward at the Court for the Northern District of California in San ...
Tags: class action, against HP
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Hewlett-Packard CEO Meg Whitman Has Moved to Reassure Customers
Dec 31, 2012Hewlett-Packard CEO Meg Whitman has moved to reassure customers that the future of its Autonomy product line is safe, a day after HP disclosed an alleged accounting scandal at the company it acquired last year. "We remain 100 percent ...
Tags: HP, CEO, Meg Whitman, Autonomy product