The Latest in IT Security

HP agrees to pay $57 million to settle shareholder lawsuit

01
Apr
2014

(Reuters) – Hewlett-Packard Co agreed to pay $57 million to settle a lawsuit that accused the personal computer makers former management of defrauding shareholders by abandoning a business model it had long touted. The lawsuit was filed after former Chief Executive Leo Apotheker shocked investors on August 18, 2011 by announcing plans to refocus the company on business services and products. He also revealed plans to scrap WebOS, whose rights HP had obtained when it bought Palm Inc in 2010; pay $11. …

Tags:  
Comments are closed.

Categories

SUNDAY, MAY 09, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments