Showing posts with label Autonomy. Show all posts
Showing posts with label Autonomy. Show all posts

20 January 2015

The Autonomy Disaster of HP and its then-CEO Leo Apotheker

HPQ stock chart
HPQ (Hewlett-Packard Company) stock chart (screenshot source: Google.com)


Remember the Autonomy disaster of the HP Board and its then CEO, Leo Apotheker? The latest news--

British Fraud Office Ends HP-Autonomy Inquiry - NYTimes.com Jan 19, 2015: "... After reviewing the Autonomy sale, the British authorities said on Monday that they would end their investigation, though a similar inquiry by the American authorities into potential accounting abuses would continue. “In respect of some aspects of the allegations, the S.F.O. has concluded that, on the information available to it, there is insufficient evidence for a realistic prospect of conviction,” the British authorities said in a statement on Monday."

For background see:

expri.com | tech news: Autonomy, HP -- the Apotheker mess Meg Whitman is trying to clean up: 02 July 2014 and

Views under the Palm | johnmpoole.com: Apotheker's Legacy of Wrecking HP Continues
Jan 8, 2013 ".... "According to a recent report in Fortune, HP CFO Kathie Lesjak tried to stop HP from buying Autonomy for nearly $12 billion ... thinking the price was too high, but she lost that battle to then-CEO Leo Apotheker."

Léo Apotheker - Wikipedia:"Leo Apotheker is a German business executive. He served briefly as the chief executive officer of Hewlett-Packard from November 2010 until his firing in September 2011. He also served as co-chief executive officer of SAP from April 2008 until he resigned in February 2010 following a decision by that company to not renew his contract. During his tenure as chief executive at HP, the company lost more than $30 billion in market capitalization after a series of strategic missteps by the company, leading to his resignation...."

more technology news below ( @ web version--link below)

09 September 2014

Apple's Big Day LIVE, iPhone 6, iWatch, iWallet and more!

What To Expect From Apple’s iPhone Event On September 9:  iPhone 6; iWatch; iWallet; iOS 8; iPad Air 2.  Tuesday, September 9, 2014, 11:00 AM EDT - 1:00 PM EDT  - Join our CNET live coverage of Apple's September 9 media event in Cupertino. Among the new products widely expected to be announced: the iPhone 6, and -- possibly -- a wearable product. LIVE Blog:

LIVE Apple Event April 9th

Technology News:
Five ways Apple's iPhone 6, iWatch launches may transform its business model | ZDNet"Apple's iPhone 6 and wearable preview is likely to be the beginning of a series of product launches that could lead to more software and services growth."

Only 5 percent of Android users will switch to iPhone 6, says survey - CNET"A survey insists that only a small proportion of Android users will switch to Apple's new phone. But could that change when they actually see the iPhone 6?"


Why Does The European Union Consult Microsoft On How Google Should Operate?: "Why on earth should Google’s page be set up so as to favour Microsoft’s offerings? The two companies are competing in the search space, correct? Well, go compete then instead of whining to the politicians."


Meet the shadowy tech brokers that deliver your data to the NSA | ZDNet"These so-called "trusted third-parties" may be the most important tech companies you've never heard of. ZDNet reveals how these companies work as middlemen or "brokers" of customer data between ISPs and phone companies, and the U.S. government."


T-Mobile sues Chinese telecom giant Huawei | Business & Technology | The Seattle Times"T-Mobile USA has sued Huawei Technologies, claiming the Chinese telecommunications giant stole its software, specifications and other secrets for a cellphone-testing robot nicknamed “Tappy.”"

HP alleges Autonomy email warning of falling revenues and 'imaginary deals' shows fraud - Telegraph"Chief financial officer wrote to founder Mike Lynch demanding 'radical action' prior to disastrous takeover by Silicon Valley giant"



more technology news below ( @ web version--link below)



02 July 2014

Autonomy, HP -- the Apotheker mess Meg Whitman is trying to clean up

Can Meg Whitman save HP? - CBS News: ".... There aren't many tech companies that have been able to make this type of transition. "You're right," said Whitman. "You have to be willing to cannibalize your existing business. Frankly, I'd rather do it to myself than have someone do it to me." In Las Vegas this month, Whitman revealed that Hewlett-Packard is working on a radical redesign of computing, a project it calls "The Machine." "This changes everything," she said in Las Vegas. How? By building computers in an entirely new way, using light to move data instead of copper wires, and combining all forms of the computer's memory in the same place. What will The Machine be able to do? "It will be able to compute much faster with huge amounts of data," Whitman said. "And it will also take up a lot less space and pull a lot less energy."...."

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
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Google Shutting Down Orkut
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Microsoft boosts anti-snooping protection in Outlook.com, OneDrive
PCWorld
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
Forbes
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
USA TODAY
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
Computerworld
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"


more technology news below ( @ web version--link below)



20 February 2014

Google Fiber Continues to Expand

Move over Comcast, Google Fiber is coming to even more cities! --

Official Blog: Exploring new cities for Google Fiber: "... We've long believed that the Internet’s next chapter will be built on gigabit speeds, so it’s fantastic to see this momentum. And now that we’ve learned a lot from our Google Fiber projects in Kansas City, Austin and Provo, we want to help build more ultra-fast networks. So we’ve invited cities in nine metro areas around the U.S.—34 cities altogether—to work with us to explore what it would take to bring them Google Fiber...."

More info at link above and at: https://fiber.google.com/newcities/

HP 'KNEW' about Autonomy's hardware sales BEFORE the whistle blew: report • The Register: "HP knew about Autonomy's hardware and reseller sales long before a whistleblower pointed them out and the company wrote down its acquisition by $8.8bn, theFinancial Times has claimed (paywall), citing emails and Deloitte audit reports. HP has accused Autonomy of "accounting improprieties, misrepresentations and disclosure failures" to excuse the massive writedown it made after it bought the UK software firm for $11.1bn in 2011. A year later, it claimed that it was misled about the state of the company's business when it wrote off most of the cost of the purchase...."

FCC won’t appeal Verizon ruling, will regulate ’Net on “case-by-case basis” | Ars Technica: " . . . Senior Staff Attorney John Bergmayer of consumer advocacy group Public Knowledge has previously warned that case-by-case regulation is ineffective. "We're in a bad place with net neutrality right now because the FCC got itself tied up in a knot with subtle lawyering," Bergmayer wrote. "Instead of building on its successes as a telecommunications regulator, it tried to come up with a 'third way.' I'm skeptical that yet more subtle lawyering—a fourth way or a fifth way—is going to save us." Public Knowledge CEO Gene Kimmelman released a statement today, saying, "While skeptical that the FCC's initial focus on section 706 will yield meaningful results, we are encouraged to see that the FCC plans to keep its 'reclassification' proceeding open...."

We Need Straightforward Rules to Protect Net Neutrality | Public Knowledge: "Telecom lawyers just can't stop coming up with complicated answers to simple problems. The reason the FCC lost its net neutrality case at the DC Circuit was simple. It tried to both de-regulate broadband access, by classifying it as an "information service" (something like a website or a social network), while applying traditional "telecommunications" rules to it--things like prohibitions on blocking content and discriminating against competing services. The DC Circuit Court of Appeals said--sorry, FCC. If you want to treat broadband access like a communications service, you need to formally classify it as one. Clever legal tricks aren't going to get you around this...."

Official Blog: Thank you, and welcome to the new Google Maps: "Over the coming weeks the new Google Maps will make its way onto desktops around the world. Many of you have been previewing it since its debut last May, and thanks to your helpful feedback we’re ready to make the new Maps even more widely available.... "

Xiaomi kicks off global expansion with Singapore launch | ZDNet: "Chinese smartphone darling, Xiaomi, has kicked off its global expansion plans in Singapore where its Android devices will go on sale this Friday, marking the company's first foray into markets outside of Greater China...."

AT&T reveals number of NSA and location demands in first-ever transparency report — Tech News and Analysis: "AT&T has made good on its promise to publish a report showing how often government demands data about its customers. The report includes information about cell tower searches and once-secret NSA demands...."

Apple passing Microsoft — Benedict Evans: "A symbolic moment, this: in Q4 2013 the number of computers* sold by Apple was larger than the number of Windows PC sold globally. If you add Windows Phone to the mix they're more or less exactly equal. "

Apple, Google, Microsoft: Where does the money come from? | ZDNet: "Three companies dominate the tech landscape in 2014: Apple, Google, and Microsoft. Although they compete directly and indirectly in various segments, each company has its own distinct financial personality. Big Three earnings Apple Q1 2014 hardware sales: By the numbers Microsoft earnings cheat sheet: Windows is back to cash cow number one Google's earnings: What future for plunging AdSense business? The best way to understand the differences between these three publicly traded companies is to look at the detailed reports each is required to file every quarter...."

BBC News - Kim Dotcom mansion raid was legal, NZ court rules: "However, the court did agree that the investigators' cloning of electronic evidence had been unlawful. . . .Mr Dotcom's legal team said it intends to contest the appeal court's decision."

Microsoft kills SkyDrive, launches OneDrive
Computerworld
In comparison, Apple provides only 5GB of free storage space for its iCloud online syncing and storage service, Google offers 15GB free with Google Drive, and the popular Dropbox file synchronization service hands just 2GB to customers free of charge.

Apple, Elon Musk and interplanetary travel
CNET
Apple, as well as Microsoft and Google, wants to be in every car, not just Tesla. The company is betting that iOS users want to have their Apple-ness everywhere. Applehas been working with Audi, General Motors, Ford, Hyundai, and others to integrate ...

Apple Gains Some Ground in China Smartphone Market
Wall Street Journal (blog)
According to research firm IDC, Apple's market share in mainland China rose to 7% in the quarter from 6% in the third quarter. The fourth quarter was the first full quarter afterApple launched its iPhone 5S and 5C in China in late September, on the ...

Google Capital Lands $300 Million and Leaps Into Web Education
Bloomberg
Google Inc. (GOOG)'s new investment arm has $300 million in fresh capital to put to work this year and is starting the dealmaking with its first foray into Web education.Google Capital, established by the search company to back late-stage technology ...

Microsoft Brings Lync, Skype Closer Together
InformationWeek
Microsoft faces strong competitors such as Cisco, Siemens, Google, and ShoreTel in the unified communication and collaboration market, which research firm IDC estimates will be worth $21 billion this year. Lync is formidable in its own right; in ...

Steve Perlman's Artemis unveils his 'breakthrough' wireless broadband ...
VentureBeat
Steve Perlman, the serial Silicon Valley entrepreneur who brought us OnLive and WebTV, has announced a new wireless broadband technology called pCell. The technology will enable full-speed wireless broadband to every mobile device, regardless of ...

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