Wednesday, March 21, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google to Develop Its Own Blockchain-Related Technology
Zuckerberg Apologizes For Cambridge Analytica Scandal, Outlines Steps to Protect Users' Data
Mediatek Says There Are No Talks With Broadcom
Seagate Says Its MACH.2 Multi Actuator Technology Breaks Throughput Record, Announces HAMR Reliability Tests
New Apple Watch Bands Feature Spring Colors and Styles
European Commission Proposes Measures to Ensure Companies Pay Fair Tax in the EU
VIVE FOCUS Coming To International Markets Later This Year
Qualcomm's New Snapdragon 845 Virtual Reality Development Kit Coming In Q2
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.

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
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
AMD EPYC Processor Powers the New HPE Gen10 Server
New HPE Superdome Flex Server Offers up to 48TB of In-memory Analytics
HP Launches the Powerful ZBook X2 Detachable PC

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 .