UK watchdog launches investigation into Autonomy (Update)

Britain's accounting watchdog announced Monday that it is investigating the books of British business software maker Autonomy Corporation in the period before it was bought by Hewlett-Packard Co. in 2011.

HP cutting at least 850 jobs in Germany

US computer giant Hewlett-Packard said Friday it was closing its enterprise software operation in Ruesselsheim, Germany, in a move eliminating at least 850 jobs.

US probes HP's Autonomy fraud allegations

US authorities are probing allegations by Hewlett-Packard that a British software firm it bought out had fraudulent accounts, the US tech giant said in its annual report released Thursday.

Lawsuit claims Hewlett-Packard has lied about Autonomy write-off

Countering Hewlett-Packard Co.'s claim that it wrote off $8.8 billion of its purchase of Autonomy after discovering it had been misled about the British firm's finances, a shareholder lawsuit claims the real reason was that ...

Barbs fly between HP and former exec on probe

Hewlett-Packard and the former head of a British software firm it acquired traded barbs Tuesday over the US firm's allegations of deliberate accounting tricks ahead of a massive writedown.

HP investor sues company for handling of 2 deals

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.

Deloitte denies HP claim on audit missteps

The audit and consulting firm Deloitte on Wednesday rejected claims by US tech giant Hewlett-Packard that it missed "accounting improprieties" at the British firm Autonomy ahead of a takeover.

HP's Autonomy deal highlights pattern of bad ideas

Hewlett-Packard's $9.7 billion acquisition of Autonomy seemed like a bad idea long before Tuesday's allegations of an accounting scandal made clear it was a deal that should never have happened.

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