Saturday, December 03, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Blames Battery For Random iPhone 6s Shutdowns
Microsoft Stores Reveal Xbox Discounts And Offers
Researcher Bypasses The iOS Activation Lock
Facebook To Offer $20 million To Improve Silicon Valley Communities
Xiaomi Launches Voice -controller Mi Wi-Fi Speaker
Xiaomi "Denies" Mi MIX Nano Existence
Nokia D1C Specs Leak
Foxconn Manager Stole Thousands of iPhones
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 > DoJ Inv...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 28, 2012
DoJ Inverstigates Autonomy Case, HP says


HP says the U.S. Justice Department is investigating the business software unit Autonomy after the computer maker said the business engaged in improper accounting before HP bought it.

In a filing with the Securities and Exchange Commission on Thursday, HP said Justice officials had informed the company on Nov. 21 that they were opening an investigation. HP also said that it provided information to the SEC and the U.K. Serious Fraud Office related to "accounting improprieties, disclosure failures and misrepresentations at Autonomy."

HP acquired Autonomy for $10 billion in 2011. The company took an $8.8 billion charge to reflect that the U.K. company isn't worth what it paid. HP says about $5 billion of that charge stemmed from improper accounting.

Autonomy founder Mike Lynch has said he would defend the company's accounts to U.S. Federal investigators.


Previous
Next
ASUS Launches VivoTab Smart Tablet        All News        Optical Disc Prices To Rise In 2H13
Microsoft Confirms Zero-day Bug in Internet Explorer Browsers     General Computing News      Apple Working On An iOS Smartwatch, Report Says

Get RSS feed Easy Print E-Mail this Message

Related News
HP Announces The Rugged ProBook x360 11 Education Edition
Hewlett Packard Enterprise Demonstrates First Memory-Driven Computer
Nokia, HP, Rumored To Release New Smartphones in 2017
New HP Z2 Mini Delivers Server-grade Power in a 2.3 by 8.5 inch Package
HP’s Holiday Lineup of New PCs
HP To Buy Samsung's Printer Business For $1.05 billion
HP Announces New Pavilion Wave and Elite Slice PCs
HP Unveils New Windows Gaming Devices
HP To Launch Vive Branded PCs
HP's Elite X3 Smartphone To Start Shipping This Month
Oracle To Pay HP $3 billion In Itanium Case
HP expands Chromebook Lineup With Touch

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .