Hewlett-Packard CEO Meg • Whitman (Meg Whitman) said on its first-quarter phone conference on Thursday, the company will adhere to the unified development strategy and will not spin-off its PC business. Whitman said: "We do not ...
Tags: HP, PC Business, company news, PC market
The U.K.'s Financial Reporting Council has launched a probe into Autonomy's financial reporting over a period of more than two years prior to its acquisition by Hewlett-Packard. Autonomy's reports from January 2009 to mid-2011 will be ...
Tags: UK, financial report, Hewlett-Packard, acquisition
Reports circulating that Hewlett-Packard's board of directors is considering a breakup of the company are untrue, a source close to company said. The financial news site Quartz.com reported on Tuesday that HP's board is again discussing ...
Tags: Hewlett-Packard, PC unit, company news
HP has received overtures for enterprise search firm Autonomy and IT and equipment provider Electronic Data Systems (EDS), sources familiar with the discussions have revealed. The Wall Street Journal reported that the expressions of ...
Tags: HP, Autonomy, IT, Electronic Data Systems
HP is to axe staff from its Autonomy business in a shake-up that will also see the company take on 50 new engineers. In an email published by AllThingsD, Robert Youngjohns (pictured), who took over as Autonomy CEO from Mike Lynch in ...
Tags: HP, Autonomy business, company news
Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December. ...
Tags: HP, potential divestitures, business, underperforming parts
2012 has been a year of re-invention among the tech industry's biggest players, with Microsoft overhauling many of its key product lines, most notably Windows, while also boldly entering the hardware market with Surface tablets. HP slashed ...
HP has confirmed that it will wield the axe on those of its businesses that don't meet targets, official documents have revealed. As first reported by Bloomberg, HP told the US Securities and Exchange Commission in a 27 December filing ...
Tags: HP, axe, businesses, targets
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
Computerworld - In its 73 years, Hewlett-Packard has had bad quarters, but perhaps none like the one it posted Wednesday. Its $8.9 billion loss was huge, but there was little drama about it. HP's CEO, Meg Whitman, is already deep into a ...
Tags: HP plots, HP, Hewlett Packard, PC business, printer business
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
Hewlett-Packard CEO Meg Whitman has moved to reassure customers that the future of its Autonomy product line is safe, a day after HP disclosed an alleged accounting scandal at the company it acquired last year. "We remain 100 percent ...
Tags: HP, CEO, Meg Whitman, Autonomy product
Hewlett-Packard CEO Meg Whitman has once again affirmed the company's commitment to its embattled Autonomy software division, stressing that HP's fiscal health is stronger than recent developments may have suggested. "It's been a quiet ...
Tags: HP, Whitman, CEO, Autonomy software division
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
HP has revealed in a securities and exchange commission legal filing,that the US Department of Justice has been investigating fraud allegation at Autonomy since last month. HP bought Autonomy in 2011 for$11.7bn,but in November,claimed ...