Wednesday, April 25, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Unveiled New Onyx Cinema LED Screen at CinemaCon
Samsung's Fastest 970 PRO and EVO NVMe SSDs Are Launching Worldwide
Music Streaming Becomes Largest Revenue Source, Physical Sales Decline
New Wi-Fi Capabilities Provide Context-aware Services
Facebook Outlines Internal Enforcement Guidelines For the First time
CyberLink Launches First AI Style Video Editing Plugin for Windows PC
Amazon to Bring Packages Inside Your Locked Car
Xiaomi Takes the Lead in the Indian Smartphone Market
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > UK's Se...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 12, 2013
UK's Serious Fraud Office Says Sees No Conflict In Autonomy Probe


UK's fraud-busting agency said it might have a conflict of interest in its investigation of Autonomy, the software company accused of accounting irregularities by Hewlett-Packard.

The Serious Fraud Office (SFO) has opened an investigation into allegations about the circumstances of the sale in 2011 of Autonomy to Hewlett Packard.

However, it has been reported that the SFO uses an Autonomy product, Introspect, as a document management tool.

In a statement on Tuesday,, the SFO said that in order to ensure that there was now no conflict of interest, or perception of such a conflict and it was obliged as a first step to make inquiries to ensure that it could continue as the investigating body.

HP bought Autonomy in a bid to make it the centerpiece of a shift into software. However, a year after the purchase, HP wrote off three quarters of the British firm's value. The U.S. company alleged "some former members of Autonomy's management team used accounting improprieties, misrepresentations and disclosure failures" to inflate the company's apparent worth.

Autonomy has denied the allegations.


Previous
Next
Western Digital Invests In Solid-state Storage Maker Skyera        All News        Samsung SDI Becomes The World's Top Battery Maker
Google To Pay $7m To Settle Street View Probe     General Computing News      Samsung SDI Becomes The World's Top Battery Maker

Get RSS feed Easy Print E-Mail this Message

Related News
HP Introduces a new line of Gaming PCs
HP Introduces the HP Chromebook x2 $599 Detachable
HP Debuts New High-Performance Workstations
HPE and Dell Server Sales Soar in Q4
HP Launches Device as a Service for Apple
HP Delivers Revamped Elitebook and Zbook Lines, Additions to 4K monitor lineup and New Thunderbolt Dock G2
HP Boosts Performance of Z4 Workstation, Unveils VR Windows Mixed Reality Headset
CES 2018: HP announces the HP ENVY x2, HP Spectre x360 15, HP Z 3D Camera
HP Recalls 50,000 Laptop Batteries
HP Patches New Keylogger Software in its Laptops
HPE and Dell Continue to Lead the Storage and Server Markets
HP Patches Code execution Bug in Enterprise Printers

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .