The Minister, Sergio Diaz-Granados, said that measures announced by President Juan Manuel Sntos, aim to boost the textile and apparel sector in Colombia. The President’s words came within the context of "Weaving Colombia," a major ...
Tags: textile, apparel, Weaving Colombia, weave
Allstate Insurance has sued 18 persons to recover more than $796,000, which the company paid to its customer due to forged bills prepared by these people. The underwriter filed a case in Federal District Court as a Declaratory ...
Tags: Allstate Insurance, insurance defraud, insurance, defraud case
Computerworld-Hewlett-Packard says it will aggressively seek recompense for alleged fraud on the part of U.K.software vendor Autonomy,which HP acquired in a$10.3 billion deal last year.HP said accounting improprieties by Autonomy were to ...
Tags: HP, Autonomy Deal, software
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
IDG News Service-News of weak server sales,continuing turmoil at Hewlett-Packard and the ongoing U.S.political impasse over the so-called"fiscal cliff"have not given tech industry watchers much to cheer about this week. Major IT companies ...
Tags: tech industry, HP, server sales, Microsoft, IBM, Intel
Six US senators Tuesday asked the Justice Department's Oil and Gas Price Fraud Working Group to conduct a "refinery by refinery probe" into spikes in West Coast gasoline prices in May and October. The request, from Democratic senators ...
Tags: Gasoline, Fuel and Petrochemical, Energy
IDG News Service-Microsoft is linking malicious software analysts with online advertising fraud experts in an effort to disrupt click fraud,a scam where advertisers pay for worthless clicks. The Microsoft Malware Protection ...
GlobalOptions has appointed Lars Skaar as director of International Strategies, to help assist in expanding the firm's SIU programs throughout Europe and around the world. In his new role, Skaar will be responsible for leading SIU ...
Tags: GlobalOptions, Lars Skaar, SIU program, program development
The private sector's failure to adapt to the demands of social media poses a threat to the bottom line and creates a risk of reputational damage, according to data released by KPMG. A survey of more than 1,000 business executives revealed ...
Tags: social media, KPMG, inadequate responses, customer satisfaction
The £1.4bn losses caused by a rogue trader at Swiss bank UBS could have been avoided had a computer used to detect unauthorised trading been more effective, according to the Financial Services Authority (FSA). The FSA has fined UBS ...
Tags: FSA, rogue trader, fined, unauthorised trading
Romanian law enforcement authorities have dismantled a criminal group that stole credit card data from foreign companies as part of an operation that resulted in fraudulent transactions totaling$25 million. Officers from the country's ...
Tags: Romanian, card fraud, dismantl a criminal group, specialized online shop
The Uniball Vision line of pens has been a solid workhorse of a pen that has been around for as long as I can remember. When I saw a new Uniball Vision RT in a .6mm point, I had to grab it because the newer looking body looked very chunky ...
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