HP requests fraud investigation into Autonomy deal

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.

HP & the next 75 years.

If recent history and changes in the technology industry are any indication, HP management & board doesn’t have the stomach to do what is necessary. And that is why I find this talk of the next 75 years ironic and funny and delusional.

HP’s Whitman: Wait till 2014 for turnaround

Hewlett-Packard’s turnaround will take longer than observers had hoped. CEO Meg Whitman said the company should see traction by 2014 and that FY 2013 will be tough due to internal issues and macroeconomic “headwinds.”

Can HP jumpstart its cloud computing effort?

The troubled IT giant is about to tweak its cloud services effort according to a Bloomberg News report. The question is whether yet another new strategy can give the company the traction it needs so badly.

HP earnings: 6 lowlights

It’s slow going for the HP turnaround Meg Whitman is trying to engineer. There’s softness in the PC business, in printers, in servers — just more bad news atop the $8 billion write-down of enterprise services that HP pre-announced. Not a pretty picture.

Dell & HP together on a long road to nowhere

Hewlett Packard and Dell, two companies that are the face of the PC business, reported terrible financial results for the second quarter of 2012. They talk about a cloud makeover. Too bad, they missed the mobile opportunity and have no presence in tablet & smartphone business. Oops!

Ruh-roh: HP to take $8B charge

The massive charge is related to HP’s enterprise services arm constructed around its $14 billion purchase of Electronic Data Systems (EDS) in 2008. The company will announce its third quarter earnings on August 22.

HP better not together?

A UBS analyst is calling for the breakup of Hewlett-Packard arguing that the separate parts are way more valuable than the whole. Ironically, that’s the kind of thinking that got former CEO Leo Apotheker booted last year.

When DIY plans meet reality: Zaarly unveils “Anywhere” API

Found a photo of a beautiful birthday cake or home decorating project you want to replicate, but don’t have the DIY skills to make it yourself? Zaarly’s new API lets users post inspirational photos to the site where chefs and handymen can turn photos into reality.

HP, Oracle, Microsoft prep for cloudapalooza

Next week, legacy tech powers Hewlett-Packard, Oracle and Microsoft will vie for the spotlight as they set forth their cloud computing game plans at closely scheduled events. All three have prodigious resources and all three lag far behind cloud giant Amazon Web Services.