When Hewlett Packard bought knowledge management software firm Autonomy, it didn’t realize it was buying into a multibillion accounting cover-up. Shareholders sued HP, and HP sued Autonomy CEO Mike Lynch. Here’s how it played out over the decades.
Day: June 7, 2024
Jury clears Autonomy CEO of fraud charges
The case stemmed from Hewlett-Packard’s 2011 purchase of Autonomy for $11.1 billion. Some have blamed former CEO Meg Whitman for not testifying in the case.
Nota AI and Advantech Sign Strategic MOU to Pioneer On-Device GenAI Market
/PRNewswire/ — AI model optimization technology company Nota AI® (Nota Inc.) has signed a strategic Memorandum of Understanding (MOU) with global industrial…
The Prelude Network® Celebrates Pride 2024 with Educational Events on LGBTQ+ Family Building
/PRNewswire/ — The Prelude Network® (Prelude), the largest and fastest-growing network of fertility clinics in North America, celebrates American and Canadian…
South Carolina Passes New EWA Law
South Carolina is latest state to pass earned wage access (EWA) law.
Ask HR: Tips for Starting Your Career
As college graduates start their careers, they can follow these tips from SHRM President and Chief Executive Officer Johnny C. Taylor, Jr., SHRM-SCP, to make sure they keep growing and learning in their professions.
Citi Boosts Paid Parental Leave Policy
Discover how Citi is enhancing family benefits with 16 weeks of paid parental leave and caregiving support, reflecting a trend toward improved employee well-being.
Employees’ Financial Stress Is Costing Employers Billions
Discover how financial stress is impacting U.S. employers with $183 billion lost annually amid diminished productivity and high turnover.
South Carolina Passes New EWA Law
South Carolina is latest state to pass earned wage access (EWA) law.
AES enlists AI to boost its sustainable energy business
The American power supplier’s machine learning weather and output forecasting platform is fueling revenue growth while advancing the company’s renewable wind, solar, and energy storage goals.
