Computer Weekly has announced the third UKtech50, our annual definitive list of the real movers and shakers in UK IT - the CIOs, industry executives, public servants and business leaders driving the role of technology in the UK economy. ...
Tags: UK IT, UKtech50, ARM, GCHQ, Government Digital Service, Salesforce.com
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
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
Japanese consumer electronics firm Panasonic is to axe 8,000 jobs by the end of March 2013 as it continues its restructuring plans. The company has already axed 38,800 staff in a bid to return to profit, and the additional cuts will mean ...
Tags: consumer electronics, Panasonic, Sharp, AMD, job cuts, LCD panels
HP has lost its title as the world's biggest PC vendor after new quarterly figures from analyst group Gartner showed that it had been overtaken by rival Lenovo. According to Gartner's figures,Lenovo edged ahead in the third quarter with a ...
Tags: HP, world's biggest PC, Lenovo, Gartner
HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman – the third HP CEO in as many years – ...
Tags: Meg Whitman, HP, union Unite, IBM
HP has announced the appointment of Robert Youngjohns to run its Autonomy software arm,ending a search that began in June after the sudden departure of Autonomy founder and CEO Mike Lynch. Youngjohns previously worked at Sun ...
Tags: HP, Autonomy, Youngjohns, PC
HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch
HP has appointed consumer health firm Kimberly-Clark's CIO Ramón F.Baez(pictured)as its new senior vice-president and global chief information officer. Baez will start on 20 August and report to John Hinshaw,who is executive vice ...
Tags: HP, CIO, global, information technology strategy
Mike Lynch, founder of Autonomy, is to set up a technology investment fund to support new companies, reports Bloomberg. Lynch sold Autonomy to HP for over $10bn last August, and left HP in May. He had 8% of Autonomy's equity worth ...