IDG 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
Hewlett Packard released its fourth-quarter financial results ahead of schedule Tuesday morning, including a charge for $8.8 billion related to its acquisition of U.K. software firm Autonomy. HP says the bulk of the charge, for impairment ...
Tags: HP, Misled Prior, Autonomy Acquisition
Auction site eBay's tax arrangements since its Luxembourg office became base for European sales. This move is one politicians and tax authorities say should be examined. The office only has nine employees, but eBay Europe Sarl is ...
Tags: Britain, Germany, tax arrangements
Hardware giant Hewlett-Packard has called in the Serious Fraud Office (SFO) after uncovering what it claims are accounting irregularities at intelligent-search software vendor Autonomy, which it acquired for $11.1bn (£7bn) in August ...
Tags: Hardware, Hewlett-Packard, HP, SFO
Hewlett-Packard is taking an $8.8 billion charge as a result of what it called serious accounting improprieties that occurred at U.K. software company Autonomy before it acquired the firm in 2011. Taking the charge into account, HP ...
Tags: HP, software, enterprise search engine, PC
HP has reported almost across-the-board declines in revenue in its fourth-quarter and full-year results,which were capped by claims of accounting irregularities at Autonomy,the intelligent-search software vendor it acquired ...
Tags: HP, Serious Fraud Office, total sales, Software