The feud between Autonomy founder Mike Lynch and Hewlett-Packard's leadership over alleged accounting fraud at the software vendor has intensified, with Lynch declaring his innocence in an open letter to the company's board and HP quickly returning f...
Hewlett-Packard CEO Meg Whitman has moved to reassure customers that the future of its Autonomy product line is safe, a day after HP disclosed an alleged accounting scandal at the company it acquired last year.
Hewlett-Packard is planning to "aggressively" seek recompense for alleged accounting fraud related to the acquisition of its Autonomy unit, which resulted in the vendor taking a non-cash impairment charge of US$8.8 billion.
The initial public offering of Ruckus Wireless, set for Friday, will highlight the growing importance of Wi-Fi in mobile networks as service providers try to meet the demands of smartphone and tablet users.
Facebook has paid far lower than the announced US$1 billion in cash and stock for photo-sharing app Instagram, following a drop in its share price.
Yelp, a local business reviews site, filed Thursday with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of up to US$100 million.
Public companies may need to look more closely at their exposure to cyberattacks after new guidelines were released this week by the U.S. Securities and Exchange Commission.
Outgoing Hewlett-Packard CEO Leo Apotheker will get a severance payment of US$7.2 million, plus a $2.4 million performance bonus and additional stock benefits, according to documents filed with the U.S. Securities and Exchange Commission on Thursday....
Google and Motorola Mobility plan to file for pre-closing antitrust clearances for the merger of Motorola with a Google subsidiary in a number of jurisdictions including Canada, China, Israel, Russia, Taiwan and Turkey, in addition to filings in the ...
After pulling the plug on its webOS phones and tablet computers Thursday, Hewlett Packard said it expected to be less profitable than expected during its current fiscal quarter, which ends Oct. 31.
SAP expects its full-year operating profits will be near the top of a previously announced range, based on strong software sales in the second quarter and "improved visibility" into the remainder of the fiscal year, the vendor said Tuesday.
Yahoo's total revenue took a steep dive in the second quarter as it struggled in display advertising, a core market where it has historically been a leader. The company managed to increase its profit by 11 percent, however.
Google is under investigation by the U.S. Department of Justice in connection with its advertising program, and has set aside US$500 million for a potential resolution, the company said in a regulatory filing on Tuesday.
It's been called the Facebook of China. And to 24-year-old Kuang Yaqiong, it pretty much is.
Carol Bartz's compensation was slashed by 75 per cent in 2010, but the Yahoo CEO still managed to take home a hefty $11.9 million pay package. A year earlier, Bartz received compensation valued at $47.2 million, according to documents filed Friday wi...
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