Already under scrutiny by British accountancy authorities over its pre-HP-sale book-keeping, Autonomy’s former management are now also the subjects of a more serious fraud investigation. Read more »
The UK’s Financial Reporting Council has opened an investigation into Autonomy’s reported financials in the two-and-a-half years leading up to its disastrous sale to HP. Read more »
Hewlett-Packard’s Autonomy woes just keep on rolling; Cisco drops $1.2 billion on Meraki’s Wi-Fi smarts; and Amazon’s retail operations face sales tax bite on in more states — sparking questions on the impact on cloud services. Read more »
The Federal Bureau of Investigation is looking into HP’s allegations that former Autonomy management misled the company about its books, according to a Bloomberg News report. The SEC brought in the FBI because criminal acts have been alleged by HP management. Read more »
Autonomy’s former management, including Mike Lynch, deny HP charges that they misled, practiced bad accounting and failed to disclose key information to HP prior to its acquisition of Autonomy. HP has asked the US and UK authorities to pursue a criminal investigation. Read more »
Big data tools such as Cassandra and Hadoop are transforming how data is stored and exploited at scale. But without similarly capable search technologies, enterprise adopters face challenges when it comes to gaining insights from that data. Read more at GigaOM Pro »
Update: Hewlett Packard charges Autonomy with accounting improprieties, misrepresentations and disclosure failures and is pushing US and UK authorities to pursue criminal action. The company said $5 billion of an $8.8 billion charge is related directly to Autonomy’s misbehavior. Read more »
The deal will see the Spanish telecoms giant bundle augmented reality tech with its advertising offerings and promote the Aurasma app to its 300 million customers. But will marketing use-cases finally make the technology fly? Read more »
The big news out of Hewlett-Packard’s second quarter earnings call is that the company will lose 9,000 employees in FY 2012, with former Autonomy CEO Mike Lynch among the departed. Enterprise software chief Bill Veghte will take over stewardship of Autonomy. Read more »
Paul Doscher, CEO of Lucid Imagination wants you to know that when it come to enterprise-class search, open-source Lucene is a contender. And a strong contender that can face off against Google, Amazon and Microsoft in the big data search arena. Read more »
It’s beginning to look like there will be no free-standing analytics companies left. IBM is buying Vivisimo for the “discovery and navigation” expertise that companies use to access and analyze (what else?) big data. The news come a week after IBM bought Varicent, another analytics company. Read more »
The desire for more and increasingly specific analytics continues with IBM’s acquisition of Varicent Software. Banks, insurance companies, and retailers use Varicent software to look at data across finance, sales, human resources and IT departments to determine how to boost sales, according to IBM. Read more »
Hewlett-Packard continues to be rocked by a flood-induced hard drive shortage; its go-to printing business is sputtering; the company as a whole continues to spend too much on too many products; and it needs to get its design-and-execution mojo back. Read more »
Connected, location-independent, autonomous, global, piecemeal: There are plenty of adjectives that have previously been employed to describe the future of work, but the author of a book on the topic is throwing another contender into the ring — adult. Time to grow up then. Read more »
It is becoming abundantly apparent that, while there is still focus on install rates of physical smart meters, what will matter in the future is how well the data from these smart meters can be secured by utilities and how well utilities can use that data ... Read more at GigaOM Pro »
Mobility usually means both more hours and more flexibility for workers, but does it also equal more stress? About a third of connected workers say absolutely yes, while another third say absolutely not. What are the differences between these two groups? Read more »
Digital Reasoning, a somewhat shadowy specialist in big data analytics for the U.S. intelligence community, announced B Series funding and named industry vet John Brennan to its board. Funding came from CIA-backed In-Q-Tel, as well as some Silver Lake Sumeru partners and other unnamed investors. Read more »
With its new Idol 10 software, Hewlett-Packard brings together key Vertica and Autonomy technologies acquired over the last year for an assault on knotty big data problems. HP says the software can collect and analyze unstructured data including video, audio and social net feeds. Read more »
Sky high gas bills, road rage, unpleasant body odors on packed subways: The many downsides of commuting already constitute a solid argument in favor of remote work. But a recent study offers another reason to trade in your train pass: Your commute is killing you. Read more »
Hewlett-Packard continues to struggle with fallout from the decision to nix its webOS-based tablets, a less-than-stellar mix of IT services, and its newly completed acquisition of Autonomy. The question is how long those reverberations will impact the company’s profitability and growth prospects. Read more »
HP took a lot of flack when it decided to buy Autonomy for $10 billion, but if big data is a worthwhile investment, perhaps HP’s alleged overpayment really will pay off. Autonomy’s Nicole Egan explained to me why she thinks HP is in a good position. Read more »
Last quarter we highlighted the fast maturation of the Platform-as-a-Service and big data spaces. Those two trends only picked up speed during the third quarter of 2011. Joining them on the cusp of IT greatness, though, are the OpenStack project and flash storage. The former gathered serious validation from big-name companies, while the latter saw less funding than last quarter but a significant number of product launches. Of course, the third quarter wasn’t all lollipops and rose petals. We saw new computing technologies and delivery models such as tablets wreak havoc on both HP and Cisco, and there are concerns (aren’t there always?) about how the Internet will handle our increased use of streaming video and cloud computing. Unfortunately for HP and Cisco, the latter problem might be an easier fix than the strategic woes facing them. Additional companies mentioned in this report include CloudBees, Rackspace, Engine Yard and Joyent. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Autonomy’s impending acquisition by Hewlett-Packard is nearly done. The controversial $10.3 billion deal was cleared by regulators in the U.S. and Australia on Thursday, according to reports. Autonomy shareholders still have until Monday morning 10:00 a.m. U.K time to weigh in. Read more »
Hewlett-Packard canned CEO Leo Apotheker because of miscommunications and lack of teamwork, not because of his grand enterprise software-and-cloud strategy for the IT giant, said Ray Lane, newly minted executive board chairman for HP. Both he and new CEO Meg Whitman back Apotheker’s strategy. For now. Read more »
ARM Holdings is trying to quiet speculation again that the UK chip designer might be acquired, this time by Intel or Oracle. The company has been the focus of rumors before, and with the rise of mobile devices and the slow growth of computers, it’s understandable. Read more »
If HP does sell off its PC business, it might have to nail its foray into cloud computing to avoid becoming a punchline decades down the road. Without that PC revenue, and billions lighter in the wallet after buying Autonomy, something must pick up the slack. Read more »
Hewlett-Packard plans to spend some $10.25 billion to acquire Autonomy, the United Kingdom–based software and services company. HP’s balance sheet currently has $13 billion in cash. Why is the company making such a big bet? According to HP’s CEO, Leo Apotheker, it’s now or never. Read more »
Bloomberg is reporting that HP plans to announce a $10 billion deal to buy Autonomy, a U.K. based software company that has bought up a variety of assets over the years to create an unstructured data storage and analyzing powerhouse. Read more »
Hewlett-Packard searching for a new role for itself in the post PC world is looking to sell its PC hardware business, according to Bloomberg. The company is also looking to buy enterprise search giant, Autonomy for $10 billion. Read more »
More and more, open source search looks to be a viable alternative for organizing unstructured data in the enterprise. The open source community believes it has advantages in scalability, flexibility and speed over enterprise-specific behemoths like Autonomy and Microsoft. But more importantly the functionality, cost structure ... Read more at GigaOM Pro »
