Not many CEOs have the perseverance of HP CEO Meg Whitman -- if HP survives, she deserves a lot of credit --
Hewlett-Packard and shareholders reach settlement in suit over Autonomy deal - San Jose Mercury News: "...HP has been widely criticized for ignoring red flags when it paid $11 billion for Autonomy in 2011. For years before that, analysts and others had raised doubts about the software company, and HP in November 2012 wrote down Autonomy's value by $8.8 billion. That prompted some of its shareholders to file suit, claiming the Palo Alto company's executives misrepresented how much prior checking they did on Autonomy, exaggerated the importance of Autonomy's technology and delayed publicly acknowledging Autonomy's problems months after learning of them. In its defense, HP claims it was misled about the British firm's worth because of "accounting improprieties, misrepresentation and disclosure failures" by Autonomy's executives. The U.S. Department of Justice, the Securities and Exchange Commission, and the U.K.'s Serious Fraud Office all are looking into HP's charges. In addition, Air Force investigators have filed similar accusations against Autonomy officials, seeking to bar them from doing business with the military...."
A look back:
Views under the Palm | johnmpoole.com: Apotheker's Legacy of Wrecking HP Continues: Jan 8, 2013 ".... If only HP had not hired Apotheker but a CEO who could have advanced webOS.... "According to a recent report in Fortune, HP CFO Kathie Lesjak tried to stop HP from buying Autonomy for nearly $12 billion last summer, thinking the price was too high, but she lost that battle to then-CEO Leo Apotheker."--$12 billion down the drain. What a waste!"
Facebook's Study Of Emotion Is About Keeping Us Addicted To Facebook
Facebook made some errors of judgment in the way it handled its now-infamous, behavioral experiment on users. We now know it only added ...
Google Shutting Down Orkut
After Monday, the Orkut mobile app will be removed from Apple's App Store and from Google Play. Those who have already downloaded the app will ...
Microsoft boosts anti-snooping protection in Outlook.com, OneDrive
Microsoft has added encryption safeguards to the Outlook.com webmail ... Cloud computing providers like Microsoft, Google, Amazon and many ...
Yahoo Picks Up 'Community' for Its Streaming-Video Site Screen
Wall Street Journal
Sony Pictures Television and Yahoo finalized an agreement Monday, the last day of the cast ... on Yahoo's site watching video could help the company lure ad dollars fromGoogle Inc.'s YouTube, by far ... Yahoo was the fourth-largest video site, with 52 million viewers, trailing Facebook Inc. and AOL Inc.
Google Is Locking Down The UI On New Android Wear, TV and Auto Spin-Offs
This past week at its I/O event, Google disclosed a plethora of additional details regarding its plans for Android Wear and unveiled additional spin-offs ...
Amazon Web Services Introduces New Low-Cost General Purpose Instance Type forAmazon EC2
Wall Street Journal
Amazon Web Services, Inc. (AWS), an Amazon.com company, today announced the availability of T2 instances, a new Amazon ...
Google Glass taking fans closer to the action
CHICAGO (AP) -- Your favorite team is playing for the title, and you are in the middle of the field. You have a ticket in the very top row for an NBA ...
Apple patches iOS, OS X and Safari on Mega Monday
Nine of the 19 Mavericks vulnerabilities -- and 8 of the 11 critical flaws -- were reported toApple by Ian Beer, a Google security engineer. Along with ...
Enigmatic Disappearance Of Ocean Garbage Patch: "Millions Of tons. That’s how much plastic should be floating in the world’s oceans, given our ubiquitous use of the stuff. But a new study finds that 99% of this plastic is missing. Plastic junk is floating widely on the world’s oceans, but there’s less of it than expected, a study says"
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