HP Forced to Take $8.8 Billion Quarterly Write-Down
HP has taken a beating and announced during its quarterly earnings report that it is being forced to take a $8.8 billion write-down. HP isn't taking the onus of that massive loss on itself though; it's blaming people who "willfully" faked numbers when it purchased Autonomy leading HP to overpay significantly for the company. According to HP, its internal investigation revealed "serious accounting improprieties" and "outright misrepresentations" by software maker Autonomy.
"There appears to have been a willful sustained effort" to inflate Autonomy's revenue and profitability, said Chief Executive Meg Whitman. "This was designed to be hidden."
However, former CEO of Autonomy, Michael Lynch denies any improper accounting and accuses HP trying to hide its mismanagement. Lynch said, "We completely reject the allegations. As soon as there is some flesh put on the bones we will show they are not true." HP has said that it alerted the US Securities and Exchange Commission and the UK Serious Fraud Office and requested an investigation.
Read more about Framestore on why Guardians is 'not just another sci-fi movie' at CreativeBloq.com This article is produced in association with Masters of CG, a contest for creatives in partnership with HP, Nvidia, a ... Source: 3D World
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2 days ago, 4:06am CDT
Marc VDS Racing’s Tito Rabat
2014 Brno Moto2 Qualifying Results
Marc VDS Racing’s Esteve Rabat (59) earned the pole Saturday for the bwin Czech Republic Grand Prix qualifying at Brno.
The Spaniard’s qualifying time was 2:01.911, a scorching pace for the Moto2 class at Brno. Rabat leads the Moto2 title series with 183 points, a slim seven points ahead of teammate, Mika Kallio (FIN).
In Saturday’s qualifying rounds, Kallio could do no better than sixth, but only 0.606 of a second off Rabat’s pace ... Source: Ultimate Motorcycling
Full article at: Ultimate Motorcycling
3 days ago, 7:29am CDT
Tiger Direct features the HP LaserJet Pro P1102W Personal Laser Printer for $99.99 with free shipping. The P1102W connects to your computer via high-speed USB 2.0, and prints up to 19 pages per minute of bold, crisp texts. With WiFi 802.11b/g support, you ... Source: The Mac Resource Page
Full article at: The Mac Resource Page
5 days ago, 12:00am CDT
2014 Brno Moto2 Friday Practice
When the first day of Moto2 free practice concluded Friday at Brno, the current series leader – Tito Rabat – was quickest.
Marc VDS Racing pilot posted the quickest time in a dry FP1. Rabat’s time was a 2:03.126, and he outpaced teammate Mika Kallio and Dynavolt Intact GP’s Sandro Cortese.
No one could top Rabat’s time in FP2, which took place under wet track conditions, ... Source: Ultimate Motorcycling
Full article at: Ultimate Motorcycling
5 days ago, 1:19pm CDT
AICN HORROR looks at LIFE AFTER BETH! PROXY! MOTEL HELL! LOGOS! THE MIDNIGHT GAME! LYLE! DISENGAGED! PRISON PIT: BOOK ONE! THE CLOWN AT MIDNIGHT! TWILIGHT ZONE! RUSSIAN YETI: THE KILLER LIVES! 9 MINUTES! & A Rock Opera of HP Lovecraft’s DREAMS IN THERead the full article on AICN Logo by Kristian HornINTROWhat the &#$% is ZOMBIES & SHARKS?Greetings, all. Ambush Bug here with another AICN HORROR: ZOMBIES ... Source: Latino ReviewFull article at: Latino Review5 days ago, 10:25am CDT
Until recently the cloud world was fairly cleanly split between the enterprise vendors (think IBM, HP, VMware) doing product for large organizations, and those vendors focusing ore on developer uptake (Amazon Web Services, Google etc). There was a pretty distinct difference betw ... Source: Forbes Real Time
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5 days ago, 10:14am CDT
AICN HORROR looks at LIFE AFTER BETH! PROXY! MOTEL HELL! LOGOS! THE MIDNIGHT GAME! LYLE! DISENGAGED! PRISON PIT: BOOK ONE! THE CLOWN AT MIDNIGHT! TWILIGHT ZONE! RUSSIAN YETI: THE KILLER LIVES! 9 MINUTES! & A Rock Opera of HP Lovecraft’s DREAMS IN THE
Read the full article on AICN
Logo by Kristian HornINTROWhat the &#$% is ZOMBIES & SHARKS?Greetings, all. Ambush Bug here with another AICN HORROR: ZOMBIES & SH ... Source: aintitcool
Full article at: aintitcool
5 days ago, 10:08am CDT
Google Inc. and Hewlett-Packard Co. are reportedly in talks to collaborate on an Android-powered "virtual assistant" for use in the workplace as a source for searching corporate data, according to The Information.
The platform would be enabled through Google Now — the Mountain View-based company's voice-activated search feature — allowing employees to ask their Android gadget for company information, ... Source: San Francisco Business Times
Full article at: San Francisco Business Times
6 days ago, 7:49am CDT
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Aaron Rodgers Believes Penalties Will Diminish
Green Bay Packers quarterback Aaron Rodgers believes the number of penalties being called against teams -- which has been high during the preseason -- will eventually diminish once the regular season kicks off on Sept. 7.
The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.
The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.