Computerworld - General Motors, which is insourcing the majority of its IT work, Friday said it is hiring 500 IT positions in Austin to staff a new "innovation center." The announcement is part of far-reaching GM plan to hire as many as ...
Tags: General Motors, GM, automaker, software
A 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
Research into the UK outsourcing sector in 2010 found that 7.4% of the UK’s total production came from outsourcing, and about a third of that – some 38.7bn – was IT outsourcing. It is a sector that adapts to market ...
Tags: UK, outsourcing, IT outsourcing, company news
Mike Lynch, the founder and former CEO of Autonomy, has defended himself against claims by HP CEO Meg Whitman that Autonomy had engaged in accounting practices that painted a misleading picture of Autonomy's business. HP bought Autonomy ...
Tags: Autonomy, HP, accounting irregularities, bought
Two of the big four accountancy firms have been named in a new lawsuit claiming damages for HP shareholders following the write-down of Autonomy. HP bought Autonomy in 2011 for $11.7bn, but last week claimed former managers at the UK ...
Tags: HP, Autonomy, SEC, UK software
General Motors (GM) is hiring 3,000 staff from HP as part of its aggressive plan to bring outsourced IT work back in-house. GM announced plans to bring its outsourced IT, which was about 90% of the total, back in-house and recruit 10,000 ...
Tags: General Motors, HP, IT work, Electronic Data Systems Corp
Hewlett-Packard has reported an $8.9bn loss in its third fiscal quarter, with earnings 568% down compared with the same period the year before. Hewlett-Packard (HP) was forced to write down the value of some assets, mostly related to its ...
Tags: HP, Loss, Quarter, Computer Products
Enterprise software provider CA Technologies has appointed Michael Gregoire as its new chief executive officer after a six-month search. Gregoire, 46, has worked in the software and IT services industry for 25 years, most recently at the ...
Tags: CA Technologies, Michael Gregoire, Oracle, SaaS
Hewlett-Packard has had some bad quarters in its 73 years, but perhaps none as bad as its latest -- when it reported a loss of $8.9 billion on sales that fell 5% to $29.7 billion. The poor third-quarter results produced little drama on ...
Tags: HP, Wall Street, CEO, Meg Whitman
Many of the country's largest companies lashed out at Microsoft this week, claiming that its decision to turn on the "Do Not Track" privacy feature in Internet Explorer 10 would "harm consumers, hurt competition, and undermine American ...
Tags: Microsoft, privacy feature, IE10, ad industry
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
Hewlett-Packard said Wednesday that it would take an $8 billion charge in its third fiscal quarter owing to weakness in its enterprise services division. The writedown is technically for "the impairment of goodwill" associated with HP's ...
Tags: HP, charge, third fiscal quarter, enterprise services division
Research group IDC has said that following HP’s £5.5 billion writedown of Autonomy, its customers should seek ‘formal assurances’ about the future of Autonomy’s products. HP said on Tuesday that an internal ...
HP has appointed Mike Nefkens as Executive Vice President of HP Enterprise Services, it announced today. Nefkens, who has held the title of EMEA GM for HP Enterprise Services for the last three years, will now be responsible for driving ...
Tags: EMEA, enterprise services, executive vp, gm, highlightedpost, HP
IT management solutions provider, CA Technologies, has appointed IT services industry veteran, Michael Gregoire, as chief executive officer (CEO), effective January 7, 2013, based in New York. The decision was made by the company’s ...
Tags: CA Technologies, CEO, highlightedpost, Michael Gregoire