Autonomy founder set for $5B HP court showdown
Mike Lynch faces HP in London's High Court on Monday in a multi-billion dollar showdown over the tech giant's purchase of the Autonomy software business he founded.
Mike Lynch faces HP in London's High Court on Monday in a multi-billion dollar showdown over the tech giant's purchase of the Autonomy software business he founded.
Data61 spin-out start-up Emesent has released its ‘plug and play payload’ Hovermap, which allows drones to fly underground and in other GPS-denied locations.
Science-fiction movies often show robots freely running across the screen, either wreaking havoc or saving the world.
The ongoing saga surrounding HP's ill-fated Autonomy acquisition continued on Tuesday with the company's announcement that it will pay $US100 million in a settlement agreement with PGGM Vermogensbeheer B.V.
Amazon wants you to push its buttons...HP sues former execs for $5 billion...Belgians say Facebook is flouting laws... and more tech news.
The UK's Serious Fraud Office may have dropped its investigation of software firm Autonomy earlier this year, but that doesn't appear to have done much to allay HP's ire. HP -- which acquired Autonomy in 2011 -- has confirmed that it plans to sue Mike Lynch and Sushovan Hussain, Autonomy's former CEO and CFO, for $5.1 billion.
State of the Union address will be heavy on tech ... Will IBM's earnings disappoint, again? ... Twitter picks up ZipDial's call ... and more
U.K. regulators have closed their investigation into Hewlett-Packard's botched acquisition of Autonomy, a British software company that HP has accused of inflating its value and of improper accounting.
Autonomy founder Mike Lynch says he has obtained a Hewlett-Packard document that shows how differences in accounting standards, not fraud on Autonomy's part, are to blame for the debacle surrounding HP's acquisition of the company.
Autonomy's former chief financial officer has claimed that Hewlett-Packard is accusing him and other ex-employees of fraud in order to cover up its own failings in the disastrous 2011 acquisition.
Hewlett-Packard has fired back at a former Autonomy executive who is attempting to block the settlement of a number of shareholder lawsuits filed over HP's disastrous acquisition of the infrastructure software vendor.
Hewlett-Packard has reached agreement in three shareholder lawsuits arising from its over US$10 billion acquisition of Autonomy.
Hewlett-Packard is in "serious" talks about settling a lawsuit brought by shareholders over its troubled acquisition of infrastructure software vendor Autonomy.
Hewlett-Packard's November 2012 decision to write off billions of dollars in connection with the acquisition of infrastructure software vendor Autonomy continues to dog the company as it prepares to face shareholders at an annual meeting Wednesday.
Hewlett-Packard has revised financial reports for its Autonomy division after the company said that an audit turned up a number of serious accounting errors.