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
Autonomy founder and former CEO Mike Lynch has written an open letter to HP calling for immediate and specific explanations to the allegations HP has made about the software company. HP bought UK software company Autonomy for $11.7bn in ...
Tags: HP, software company, software, HP allegations
The Federal Court has imposed penalties by consent totaling $1 million against Cotton On Kids Pty Ltd in relation to its supply of unsafe children’s nightdresses and pyjamas. “By supplying around 2,500 unsafe children’s ...
Two privacy watchdogs filed a joint letter with the Federal Trade Commission on Thursday alleging Facebook may already be skirting an agreement to be more clear over how it handles user data. A partnership with a data collector called ...
Tags: Facebook, user data, datalogix deal, privacy
Life Partners Holdings, the parent company of Life Partners, Inc. has strongly denied the allegations leveled against the firm by Texas Attorney General, acting for the State Securities Board. Texas Attorney General filed a court case ...
Tags: Life Partners, State Securities Board, Texas Attorney General
Designer of optical interconnect components IPtronics A/S of Roskildea, Denmark has filed claims against subsidiaries of Avago Technologies Ltd, asserting that the Singapore-based firm violated commitments made to standards setting ...
Tags: VCSEL, Optical modules, optical interconnect components, Avago
HP is not the first to have referred Autonomy to the Serious Fraud Office,according to UK IT consultant Alan Pelz-Sharpe(pictured). HP bought Autonomy in 2011 for$11.7bn.But yesterday,HP wrote down the value of Autonomy by$8.8bn,accusing ...
Tags: Alan Pelz-Sharpe, HP, accounting improprieties, SEC
HP claims to have been wilfully misled by'former'members of Autonomy's management team in the lead up to its acquisition and has now written$8.8bn off of the company's value. The announcement of the write down came in the firm's fourth ...
Tags: HP, Autonomy's management team, SEC, Meg Whitman
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
Everlight has amended its LED patent-infringement lawsuit against Nichia, and has accused its rival of deliberately misleading the US Patent and Trademark Office by quoting fictitious experimental results relating to phosphors for white ...
Tags: LED Patent