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HP was sued Monday in a San Francisco federal court by shareholders irate over how its $8.8 billion write-off last week drove the stock to the ground. HP claimed Autonomy inflated its value through falsified financials before it was acquired in October for $11.1 billion. HP said the ...
After Autonomy founder Mike Lynch sent the HP board an open letter Tuesday demanding the documents it turned over to government regulators and trying to shift the glare of negative publicity off of him and the company he sold to HP for an outrageous $11.1 billion last year – that’s now...
Mike Lynch, the former CEO of Autonomy, wrote an open letter to HP Tuesday demanding the specifics behind its allegations last week that Autonomy’s books were doctored and that HP was misled into buying the UK company for vastly more than it was ever worth. He wants the documents HP ...
When Hewlett-Packard CEO Meg Whitman stunned practically everyone within earshot early Tuesday morning by accusing the company’s year-old Autonomy acquisition of ripping off HP with phony financials, she said that after she bounced Autonomy’s founder out of HP in late April a senior me...
HP CEO Meg Whitman said Tuesday that the company complained of gross deception to the Securities and Exchange Commission and the UK’s Serious Fraud Office after a seven-month internal probe of Autonomy’s financials. Bloomberg reports it was told by an unnamed source that the SEC, in ...
HP Tuesday morning charged its Autonomy acquisition with massive fraud. It claims it was the victim of accounting improprieties and disclosure failures made by the publicly held British company prior to its acquisition last year by HP and downright misrepresentations made to HP in con...
Companies are engaging customers and prospects on Facebook, Twitter, LinkedIn, and through blogs and posts on internal or external websites. But are they in compliance with legal requirements related to social media, not to mention privacy? Answering questions on every general counsel...
HP Thursday put out an x86 server it claims is purpose-built for Big Data. It says existing architectures aren’t designed to handle the specific needs of Big Data workloads such as Hadoop, MPP data warehouses, Big Data analytics and object stores, and that early deployments have retur...
Remember those HP Itanium servers that Oracle didn’t want to write any more software for because Intel secretly planned to end Itanium development? Well, HP’s got new ones based on a new Itanium chip, dubbed the 9500, made by Intel, which claims to be committed to the silicon and its...
A year to the day that HP’s last CTO Shane Robison vacated the premises, the first big wheel at the company to depart after Meg Whitman took over – with Meg saying he wouldn’t be replaced – she changed her mind and tapped Martin Fink to fill the empty slot. Fink also gets to be d...
Well, that’s 3,000 employees HP won’t have to lay off. General Motors is taking IT in-house and has hired them. The idea reportedly was GM CIO Randy Mott’s and Mott was HP’s CIO before short-lived HP CEO Léo Apotheker was fired. HP still means to terminate 29,000 jobs. The carmaker mea...
Today's CIOs and IT directors are facing new challenges in managing electronic content archives. In addition to the demand to meet evolving legal and regulatory requirements, organizations are creating a sea of structured and unstructured content in more formats and sent over more chan...
CIOs face bigger IT challenges today than they did just 5 years ago as tightening regulations and shrinking budgets up the ante. Compounding the pressure, data is exploding in size and diversity, business is more mobile, and social media is pervasive. For these reasons, some organizati...
Cloud, Cloud Cloud, it’s everywhere. But does it solve real-world problems? Undoubtedly. Hear how HP Cloud Services and Panzura have delivered to customers a global file system that addresses collaboration, archiving, universal access and performance in one fell swoop. The ROI may surp...
In her session at the 11th International Cloud Expo, Lauren Cotugno, Distinguished Technologist, Cloud Consulting Services Strategy Lead, HP Technology Consulting at Hewlett-Packard, will help you simplify the process of developing a cloud strategy. Using human-sized displays, she will...
What was that thing before the enterprise-level social network called? It was meetings, personal calls from salespeople or perhaps even the Christmas and summer party right? These “were” the various means that we used to talk with each other and our customers before we were connected o...
Big Data. Social. Mobile. These worldwide trends are sparking new cloud-based applications and driving innovation around the next generation of open, web-based services development. This tectonic shift is fueling the need for new cloud platforms that provide open services in a secure e...
A pack of Wall Street analysts led by UBS’ Steve Milunovich, having little or no faith in Meg Whitman’s Mao-like five-year turnaround plan, has begun saying that HP has no alternative but to split into an enterprise company and a PC company. HP abandoned the notion after it fired...
After HP proved years ago – before phones became a veritable avalanche – that it couldn’t sell the things. And after wasting $1.2+ billion buying Palm only to only to turn off its phones and shut down its tablets – not to mention whatever they’re doing with the leftovers at Gram – H...
It is no secret that HP has been struggling to compete in the mobile scene as evidenced by the heavily discounted Touchpads in the market. Now it is seeking a facelift in the consumer mobile market via Windows 8 and open source WebOS! The company is launching a comeback with two ultra...
HP has persuaded the president of Microsoft North America Robert Youngjohns to come on over and run Autonomy, the British analytics software company former HP CEO Léo Apotheker bought last year for $12 billion and something. It was one of the reasons Apotheker was ousted and replaced...
Back from the long Labor Day weekend, Oracle bit its lip and said that – at the point of a court order – it would continue to make software for HP’s high-end Itanium systems. HP took Oracle to court after it said the Itanium chip was dead in the water and it wouldn’t develop any more...
Autonomy, an HP Company, on Thursday announced that VPI, a global provider of workforce optimization solutions, will embed Autonomy's Intelligent Data Operating Layer (IDOL) in its speech and multichannel analytics solutions. The VPI Empower and VPI Empower 911 workforce optimization ...
Previously, Oracle announced that it would stop developing new versions of its software on Itanium microprocessors. For example, that meant version 12c of the Oracle database due out in early 2013 would not be available on Itanium. However, a judge recently ruled that Oracle has a cont...
HP has announced that it's expanding its HP Converged Cloud portfolio with new solutions for VMware vCloud Suite 5.1, enabling clients to transform traditional virtualization deployments into private and hybrid cloud environments with less risk and complexity. Combined with VMware vCl...
The whisper numbers were worse but reality is bad enough. HP managed to squeeze out that buck-a-share it said it would when it warned about that horrendous $8 billion EDS non-cash write-off a couple of weeks ago. Coupled with weak PC results it lost $8.9 billion, or $4.49 a share, w...
Hybrid computing typically is combining private and public clouds. We feel that many of our customers still have a traditional environment, and that traditional environment will not go away anytime soon. However, they're actually looking at combining that traditional environment, the d...
Besides spinning out its webOS team into a new free-standing subsidiary called Gram, HP is going to restart an internal consumer tablet effort as part of its recently conjoined Printing and Personal Systems Group (PPS). According to an internal e-mail leaked to The Verge, HP has hire...
Secrets never stay secret very long at HP, but this sounds more like a secret they want known. HP is moving its webOS gang into a new semi-autonomous company called GRAM. webOS Nation broke the story after it got its hands on a flyer and an internal e-mail penned late last week a...
HP said Wednesday that it’s going to write off $8 billion because its services business is a flat shambles. The goodwill impairment is more than half of the $13.9 billion it paid for EDS, which became HP Enterprise Services (ES) in 2008 so HP could look more like IBM. It’s also chan...
The software application developer is about to become the cloud software-as-a-service application developer. At least this is the truism that we must accept if we give full credence to the ‘trending’ topics coming out of IT vendors’ newswires just now. Logically, as an industry, we ap...
A California Superior Court judge Wednesday ruled that Oracle contracted to port its software to HP’s Itanium-based servers until HP phases out the machines and that HP doesn’t have to pay Oracle anything for the critical widgetry. Oracle immediately said it will appeal and pursue it...
We have a fascinating show today, because we are going to learn about how a prominent European IT-enabled business services provider, Steria, is leveraging cloud services to manage complexity and deliver better services to customers. Paul, is that what you are finding -- that the clou...
HP has introduced HP Configuration Management System 10, a broad update designed to give more types of IT leaders better insight and control over everything from discrete IT devices to complete services-enabled business processes. Especially important for the operational control of hy...
The problem with cloud computing is that the adoption challenge is firmly rooted on the ground. All too often we hear vendors talk about the need for "management and usability" as key must-have characteristics in cloud application platforms, but these over-used generic marketing term...