Despite our international obsession with drones—both their awesome powers and terrifying repercussions—the truth is that they’re an incredibly immature technology. And, like most immature technologies, that means they’re not quite all they’re cracked up to be.
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HP has announced that the Department of Justice has opened a fraud investigation relating to Autonomy—the company that HP bought for $11 billion then ended up costing a further $9 billion. More »
The HP-Autonomy multi-billion dollar ticklefight has escalated quickly from buck-passing to finger-pointing; in an interview today with the Wall Street Journal, Autonomy founder Mike Lynch gently explains his considered viewpoint that HP can go shove it. More »
The man who engineered HP’s disastrous $11.1 billion purchase of Autonomy—a company whose accounting improprieties just cost the laptop behemoth a whopping $9 billion—is Léo Apotheker. So what does the man who let an acquisition of this size go through without proper due diligence think about the deal after today’s revelations? More »
All is not well at Meg Whitman’s HP, we learned during the company’s fourth-quarter earnings call this morning. HP just recorded a $9 billion devaluation of its assets stemming from serious accounting tomfoolery at a company that HP bought for $11 billion last year. Ouch. More »
All is not well at Meg Whitman’s HP, we learned during the company’s fourth-quarter earnings call this morning. HP just recorded a $9 billion devaluation of its assets stemming from serious accounting tomfoolery at a company that HP bought for $10 billion last year. Ouch. More »
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