Mike Lynch

HP won its multibillion-dollar fraud case on Friday over its 2011 purchase of British software company Autonomy.

The West Bengal police are going around the villages and towns with mikes urging people to ignore rumours about dacoits, child lifters and molesters that have spread in the state which resulted in mobs lynching two men and brutally beating up two women, one of them a 70-year-old NRI.

A HP spokeswoman confirmed the company had filed a claim against Lynch and Hussain in London's Chancery Division High Court alleging they engaged in fraudulent activities while executives at Autonomy.

Hewlett-Packard Co must defend against a lawsuit accusing former management at the world's largest personal computer maker of defrauding shareholders by abandoning a business model it had long touted, causing more than $16 billion of market value to be wiped out.

Hewlett-Packard chairman Ray Lane and several other directors narrowly kept their seats on the board as shareholders conveyed their displeasure over the botched $11 billion acquisition of British software firm Autonomy.

Hundreds of pages of internal Morgan Stanley documents, released publicly last week, shed much new light on what bankers knew at the height of the housing bubble and what they did with that secret knowledge. The documents suggest that people across the bank understood that the U.S. housing market was in trouble. They took advantage of that knowledg...

Hewlett-Packard now has a legal headache to compound its misery as the company tries to recover from a series of setbacks that have hammered its stock price and raised doubts about its future. An HP stockholder who owns 200 shares is suing the company in a complaint that alleges management concealed problems in two key acquisitions that have turned...

Mike Lynch, the former chief executive of Autonomy, on Tuesday "flatly rejected" allegations made by the company's new owner Hewlett Packard regarding "serious accounting improprieties". In a brief statement released to Reuters, a spokeswoman said the former management of Autonomy denied the allegations.

The company expects to save $3 billion to $3.5 billion annually from the job cuts and other austerity measures.

HP won its multibillion-dollar fraud case on Friday over its 2011 purchase of British software company Autonomy.

The West Bengal police are going around the villages and towns with mikes urging people to ignore rumours about dacoits, child lifters and molesters that have spread in the state which resulted in mobs lynching two men and brutally beating up two women, one of them a 70-year-old NRI.

A HP spokeswoman confirmed the company had filed a claim against Lynch and Hussain in London's Chancery Division High Court alleging they engaged in fraudulent activities while executives at Autonomy.

Hewlett-Packard Co must defend against a lawsuit accusing former management at the world's largest personal computer maker of defrauding shareholders by abandoning a business model it had long touted, causing more than $16 billion of market value to be wiped out.

Hewlett-Packard chairman Ray Lane and several other directors narrowly kept their seats on the board as shareholders conveyed their displeasure over the botched $11 billion acquisition of British software firm Autonomy.

Hundreds of pages of internal Morgan Stanley documents, released publicly last week, shed much new light on what bankers knew at the height of the housing bubble and what they did with that secret knowledge. The documents suggest that people across the bank understood that the U.S. housing market was in trouble. They took advantage of that knowledg...

Hewlett-Packard now has a legal headache to compound its misery as the company tries to recover from a series of setbacks that have hammered its stock price and raised doubts about its future. An HP stockholder who owns 200 shares is suing the company in a complaint that alleges management concealed problems in two key acquisitions that have turned...

Mike Lynch, the former chief executive of Autonomy, on Tuesday "flatly rejected" allegations made by the company's new owner Hewlett Packard regarding "serious accounting improprieties". In a brief statement released to Reuters, a spokeswoman said the former management of Autonomy denied the allegations.

The company expects to save $3 billion to $3.5 billion annually from the job cuts and other austerity measures.