NEW YORK -- Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business. CEO Meg Whitman avoided calling it a fraud, but said Tuesday that there were "serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy Corporation PLC."
Stories Related to Hp Says Acquired Company Lied About Finances
Peter Svensson, Phoenix Arizona Republic: Business
Tue, 11/20/2012 - 4:02am
RELATED ARTICLES
- Bill Gates repeats at top of Forbes' list of billionaires
World's richest man got richer with $79. billion in 2015. More - Microsoft Develops Set-Top Box
Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More - Amazon may be working on a smartphone with hologram-like 3D
Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More - YouTube launches pay channels with campy flicks
Roger Corman's campy B movies, children's shows like "Sesame Street" and "Inspector Gadget," and inspirational monologues by celebrities — these are among the 30 channels that will require a paid monthly subscription on YouTube coming soon. More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more