|
 |
 |
Comments
Did you read today's front page stories & breaking news?
SYS-CON.TV
|
Industry News Desk FBI Investigating HP’s Autonomy Scam Claims: Bloomberg
This can’t be pleasant news for Autonomy, the cause of a massive $8.8 non-cash write-off by its acquirer, Hewlett-Packard
By: Maureen O'Gara
Nov. 22, 2012 07:45 AM
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 turn, called in the FBI to help it prove or disprove HP's allegation of significant and willful accounting irregularities.
Historically FBI agents, who did, after all, manage to get Al Capone sent to prison for tax evasion, had to have either a law or accounting degree and HP did say it was making both criminal and civil complaints. This can't be pleasant news for Autonomy, the cause of a massive $8.8 non-cash write-off by its acquirer, Hewlett-Packard.
Reader Feedback: Page 1 of 1
SOA World Latest Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
|
SYS-CON Featured Whitepapers
Most Read This Week |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
| | | | | | | | |
|
|
|
|
|
|
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
|
| SYS-CON MEDIA: | | | | |
| SYS-CON EVENTS: | | | | | |
| INTERNATIONAL SITES: | | | | | | | | | | |
 |
Terms of Use & Our Privacy Statement  About Newsfeeds / Video Feeds |
| Copyright ©1994-2008 SYS-CON Publications, Inc. All Rights Reserved. All marks are trademarks of SYS-CON Media. |
| Reproduction in whole or in part in any form or medium without express written permission of SYS-CON Publications, Inc. is prohibited. |
.gif)
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutio...
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps ...
OneCloud Software has launched the OneCloud Partner Program. Responding to demand from prospective partners, the Program offers managed service providers (MSPs) and resellers the resources they need to grow their business with the OneCloud Recovery solution. OneCloud Recovery is an aut...
BMC Software plans to acquire assets of CDB Software, Inc., a mainframe data management company that has developed utilities for managing IBM DB2 databases with virtually no outage. Focusing on the availability of mission-critical applications is strategic for BMC as it continues to he...
Cloud Technology Partners on Wednesday announced it has been recognized by the Modern Infrastructure Impact Awards as one of the Best Amazon Web Services (AWS) Consulting Partners.
Selected by the editors of TechTarget's SearchDataCenter.com, and by votes from customers and strategic ...
Axios Systems on Tuesday announced it has selected CenturyLink Cloud as the hosting platform for Axios Systems’ IT Service Management (ITSM) solutions in Canada. CenturyLink, a global provider of communications and IT services, joins other leading technology providers across North Amer...
