The U.K.’s Serious Fraud Office has dropped its investigation into Hewlett-Packard’s allegations of fraud by the management of British big data firm Autonomy, which HP bought in 2011. In a statement… Read more »
Even as it continues to feel reverbs from its three-year-old Autonomy purchase, HP may make smaller deals to bolster cloud, big data, and mobility efforts, said CEO Meg Whitman. Read more »
More questions around HP’s cloud strategy cropped up this week with the reported departure of Zorawar Biri Singh, SVP of HP Converged Cloud and GM for HP Cloud Services. Read more »
Meg Whitman’s claims that Autonomy executives deliberately misled HP over its $11 billion acquisition are under investigation by the authorities. But whatever the truth, the damage is already done, as the… Read more »
Autonomy’s former management, including Mike Lynch, deny HP charges that they misled, practiced bad accounting and failed to disclose key information to HP prior to its acquisition of Autonomy. HP has… Read more »
The massive charge is related to HP’s enterprise services arm constructed around its $14 billion purchase of Electronic Data Systems (EDS) in 2008. The company will announce its third quarter earnings on August 22. Read more »
A UBS analyst is calling for the breakup of Hewlett-Packard arguing that the separate parts are way more valuable than the whole. Ironically, that’s the kind of thinking that got former… Read more »
Leo Apotheker, the Hewlett-Packard CEO ousted so publicly last September, pretty much disappeared from view. Until recently. Now he’s been spotted in Menlo Park and was featured on a conference call… Read more »
Hewlett-Packard continues to be rocked by a flood-induced hard drive shortage; its go-to printing business is sputtering; the company as a whole continues to spend too much on too many products;… Read more »