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 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.
A judge has ruled that Hewlett-Packard and its CEO, Meg Whitman, must mount a defense against a shareholder class action lawsuit claiming that Whitman and HP made misleading statements about the acquisition of Autonomy.
Change in any industry involves conflict. Evolution and revolution in tech this year took place not only in the marketplace but also in the courtroom, the factory, and on the Web. Here are the top news stories of 2012 as selected by the editors of the IDG News Service.
Hewlett-Packard's bombshell revelation that it would take a US$8.8 billion non-cash writedown after allegedly discovering major accounting fraud related to its Autonomy business unit has rocked the tech world.