Vaporware Allegations Latest HP/Autonomy Twist

first_img3 Areas of Your Business that Need Tech Now IT + Project Management: A Love Affair Settling the latest shareholder suit from Hewlett-Packard’s Autonomy debacle should be easy. All HP has to do is show that it has actually built some marketable software out of the $10.3 billion acquisition. The question is, where is that software?Stanley Morrical isn’t convinced such software exists, so last week he sued HP in Federal court in San Jose, CA, accusing the company of fraud. Morrical is not buying HP’s claims that Autonomy executives duped it into buying the British software maker last year through “serious accounting improprieties, misrepresentation and disclosure failures.” HP has asked US and British regulators to investigate for criminality.HP’s Alleged Cover UpHP says it will take an $8.8 billion write off from the purchase of Autonomy, most of it due to paying too much for Autonomy because of alleged shenanigans with Autonomy’s accounting prior to HP’s acquisition of the UK company. But Morrical says all of these allegations are covering up HP’s incompetence in failing to upgrade Autonomy’s software and release it as a sellable product.“In an effort to conceal their own gross mismanagement, fraudulent conduct and potential exposure to securities claims, HP’s officers and directors have blamed the entirety of the $8.8 billion write-down on accounting issues,” Morrical’s lawsuit says.HP did not respond to a request for comment.The suit’s allegations stem from HP’s announcement in November 2011 that IDOL 10, a major upgrade of Autonomy’s IDOL 7, was ready. In general, IDOL software searches, organizes and manages all data within an enterprise. The upgrade included integration with HP’s data analytics application, acquired that same year with the purchase of Vertica.Where’s IDOL 10?While claiming to have IDOL 10 ready, HP actually had nothing to sell, Morrical is accusing. Essentially, he claims, IDOL 10 was vaporware.“You go out in the market and say it’s available and it’s not,” Aron Liang, an associate at the San Francisco law firm Cotchett Pitre & McCarthy, which is representing Morrical, said. “So either they knew it and they’re lying or they don’t even know what they’re selling, which in some ways may even be worse.”David Schubmehl, a tech analyst for International Data Group, said he was briefed on IDOL 10 in June. However, Schubmehl says he hasn’t talked to any companies using the software.“I can’t confirm that anyone is actually using IDOL 10,” Schubmehl said. “However, I have had briefings about that back in June and it certainly seemed to be part of their big data offerings.”In an interview with the San Jose Mercury News, an HP spokesman declined to comment on the status of IDOL 10.The suit also accuses HP’s leadership of corporate waste and failing to meet their legal obligation to act in the best interest of shareholders.Buying AutonomyHP made the accounting allegations against Autonomy in November of this year, roughly a year after agreeing to buy the software maker. Other tech companies and industry experts have said Autonomy was overpriced.The deal was brokered by HP’s then-CEO Leo Apotheker, who was ousted months later and replaced with ex-eBay Chief Executive Meg Whitman.Whitman, who was on the HP board when the Autonomy deal was approved, takes no responsibility for the purchase and believes HP shouldn’t either. But shareholders aren’t buying it. Others who have filed suits over Autonomy claim they are the real victims and they want their day in court.In the case of Morrical, he also wants to see some real software come out of the deal. If HP has it, then the company shouldn’t have any trouble showing him.Image courtesy of Shutterstock. antone gonsalves Tags:#HP center_img Related Posts Massive Non-Desk Workforce is an Opportunity fo… Cognitive Automation is the Immediate Future of…last_img read more

SEE PICS: Tiger Shroff’s movie date with rumoured girlfriend Disha Patani

first_imgTiger Shroff, who will next be seen in Baaghi, was spotted with his rumoured girlfriend Disha Patani. The two were clicked by the cameras outside a theatre. Reportedly, Tiger and Disha watched Batman v Superman The Dawn Of Justice at PVR in Juhu, Mumbai.ALSO READ: Tiger Shroff and girlfriend Disha Patani are taking their relationship a level higher In the pictures, Tiger and Disha are seen in their casual look. While Tiger was seen in white t-shirt and denims, Disha sported a white spaghetti and denim hot pants. Earlier, there were rumours that Tiger’s trainer was helping Disha to learn new dance moves. But the two have always been tight-lipped about their relationship. In fact, Tiger’s mother Ayesha Shroff rubbished all the rumors and had earlier said, “No truth in that at all! They are friends and have the same dance teacher. That’s all.”  The duo has often been spotted driving around Bandra. They even go to the same gym and often work out together. Disha Patani was also supposed to star opposite Tiger in Baaghi before Shraddha Kapoor was signed up for the role.On the work front, Disha is making her Bollywood debut in MS Dhoni The Untold Story alongside Sushant Singh Rajput. Tiger is also busy with his upcoming projects – Baaghi and The Flying Jat.(Picture Courtesy: Yogen Shah)last_img read more

IAS Prelims 2016: Download admit card at, Exam on August 7

first_imgThe Union Public Service Commission (UPSC) has released the IAS Prelims 2016 admit card on its website.The IAS prelims examination is scheduled to take place on August 7, 2016 and Main examination on December 03, 2016.The candidates, who have applied for the Civil Services (Preliminary) Examination, can now download the admit card from the commission’s website.The candidates should perform the following steps to download the IAS Prelims 2016 admit card:Log on to the official website, the link for which is www.upsconline.nic.inOn the home page, under the ‘What’s New’ section click on the live link ‘e-Admit Card – Civil Services (Preliminary) Examination, 2016’When the new page opens, under ‘To Download e-Admit Card’ click on the hyper linkRead the important instructions carefully, take a print out and then click on ‘yes’ tabWhen the new page opens, the candidate has to either choose ‘By Registration Id’ or ‘By Roll Number’In the new page, enter your details like roll number/registration id, date of birth etc. In the space provided and submitThe admit card would appear on the screen, check all the information on it, if there is any discrepancy contact the commission immediately.If all the information is correct, take a print out of the hall ticket for future reference.The candidates should ensure that they carry the hall ticket along with the print out of important instructions to the examination centre; else they might not be allowed to enter the examination hall.Read: 50 DU sports quota applicants barred from trials for invalid certificates advertisementRead: DU takes DUTA into consideration, plans to redraft ad-hoc appointments guidelinesFor exam related news click here.last_img read more

Looking forward to making a comeback in Indian team by doing well: Harbhajan Singh

first_imgIndian off-spinner Harbhajan Singh believes he is ready now more than ever to make his way back into the national squad for the upcoming Champions Trophy, beginning June 1 in England and Wales.Harbhajan, however, assured that he is not going to lose sleep even if national selectors, who will meet on May 8 in the New Delhi, don’t pick him.The veteran off-spinner has bagged only eight wickets from nine matches he played so far in the ongoing tenth edition of the Indian Premier League, but his economy rate of 5.82 is the best for any spinner in this year’s IPL.He also displayed impressive performances in the Vijay Hazare domestic 50-overs competition, taking nine wickets from six games at four an over.And the 36-year-old admitted that he still has enough left in the tank to play a pivotal role for his side if he got selected for the 50-over pinnacle event.”I have played and enjoyed those 15-16 years of top-level cricket, playing with the greats. I am enjoying the IPL and I am looking forward to making a comeback by doing well. If I have to look at myself in the mirror, I will say: ‘Look, you have done what you could have done. Is that enough for you to be selected?’ I would say yes because it’s not just about what I am doing here [in recent times]. I am talking about all these years when I played one-dayers,” ESPNcricinfo quoted Harbhajan as saying on the eve of Mumbai Indians’ game against Sunrisers Hyderabad.advertisementHarbhajan made his last ODI appearance for India in October 2015, while his most recent international appearance in any format of the game came more than a year ago against UAE during the 2016 Asia Cup T20.Reflecting on the same, the off-spinner said he doesn’t know the reason behind his omission, despite giving some decent performances in domestic cricket as well as in IPL.”I was called to play against South Africa [in 2015] and I was the [second] highest wicket-taker for India. After that I never played for India in ODIs. I don’t know the reason. In T20s, I have been part of the squad, but never got to play a game. Every year I do well in the IPL and I don’t get into the scheme of things in the last two-three years,” he added.Although Harbhajan said that it wasn’t easy to motivate himself to go through the grind of domestic cricket, he still keeps himself going because he knows it is his only way to make his way back to the international scene.”You feel that domestic cricket will get easier, you will go there and run through sides just because you played at the international level, but it doesn’t happen that way. Even if you are motivated, you still have to push your limits because sometimes these domestic players are better players of spin bowling than what the international players are nowadays,” he added.He further assured the national selectors of his availability in all forms of cricket, adding that he is absolutely ready to perform as well as any other player.”That’s the reason I am playing all the one-dayers, domestic T20s and now the IPL. If the selectors feel I should be part of [the Champions Trophy], I am ready because I am doing as well as anybody. There is no way I should think that I don’t stand a chance,” Harbhajan said.last_img read more


first_imgSioux City Police have rolled out a special patrol car to represent their commitment to fighting cancer and supporting victims of the disease.Chief Rex Mueller says a black and white squad car has been decorated with pink decals to represent department members and their loved ones who have battled cancer:Audio Player Up/Down Arrow keys to increase or decrease volume.OC…….as a city. :18The City Police Officer’s Association and command staff also have members who are participating in No Shave November and donating funds in support of the fight against cancer:Audio Player Up/Down Arrow keys to increase or decrease volume.OC…will go with it. :15The chief says cancer survivors who see the vehicle out on the streets may ask to have their photo taken with the vehicle and officer if available, and send it to the department’s Facebook page.They will display the photo with the name of the survivor to help encourage continued cancer awareness and education.last_img read more

The top 10 breakthrough stars of the season in Europe’s big leagues

first_imgLiverpool Premier League Championship team of the week Topics Share via Email Guardian Sport Network features Infographic:WhoScored 10) Trent Alexander-Arnold, LiverpoolTrent Alexander-Arnold has profited from injuries to both Nathaniel Clyne and Joe Gomez over the course of the season to become Liverpool’s first-choice right-back. Having started eight game in the Champions League this season, the academy graduate is clearly a player Jürgen Klopp trusts on the big occasions. The 19-year-old’s endeavour, delivery and willingness to get on the ball have made him a fan favourite at Anfield. Rating 7.049) Ferland Mendy, LyonA product of the famed Le Havre academy responsible for nurturing Paul Pogba, Riyad Mahrez and Benjamin Mendy, left-back Ferland was snapped up by Lyon last summer and has been a regular in the side, making 22 starts in Ligue 1 in his debut season. The 22-year-old’s ability on the ball and five assists have helped Lyon’s push for a place in the Champions League next season. Rating: 7.058) Giovani Lo Celso, PSGWhile Giovani Lo Celso’s name has been known in his native Argentina for some time – he earned a £8.5m move to PSG back in 2016 before returning to Rosario on loan, this has been his breakout season in Europe. The heir to veteran midfielder Thiago Motta, 22-year-old Lo Celso offers far more creativity and technique than the Italian international, and has also more than made up for the loss of Blaise Matuidi. His tenacity in the centre of the pitch has been outstanding, averaging the most tackles per 90 minutes (4) of players to make 20 or more appearances in Ligue 1, while he has supported attacks well to boot, chipping in with four goals and three assists despite starting just 17 of 32 appearances. Rating 7.067) Marius Wolf, Eintracht FrankfurtMarius Wolf had to bide his time but he has certainly made his mark for Eintracht Frankfurt this season. The 22-year-old playmaker had started just four top flight matches before the current campaign but he has become a regular in Niko Kovac’s side this time around. With five goals and eight assists in the Bundesliga this season, he has had a direct hand in more goals than any of his team-mates. A solid all-rounder who is capable of playing in a variety of positions on the right or in the middle of the park, Wolf will make a loan move from Hannover permanent for around €500,000 this summer. His market value must be well over 10 times that figure now. Rating 7.086) Fabián Ruiz, Real BetisFabián made his Real Betis debut back in 2015, but he had amassed just nine starts before this season. The 22-year-old attacking midfielder has become a mainstay in the side under new manager Quique Setién, whose brand of free-flowing football has brought the best from the Betis youth product. He has made 28 starts this season and had a direct hand in nine goals (scoring three and setting up six) and he has proven an able replacement for Dani Ceballos, who joined Real Madrid last summer. Fabián is more than willing to do the dirty work, averaging the most tackles for his side (2.4 per game). His ability to win the ball and use it intelligently could see him following his old team-mate out the door, as he is set to be in demand this summer. Rating 7.195) Rodri, VillarrealWhile defensive midfielder Rodri was a consistent squad member for Villarreal last season, he is now one of the first names on the teamsheet for the Yellow Submarine. With 34 LaLiga appearances in the current campaign, the youngster has emerged as the next big hope in the Sergio Busquets’ mould for the Spain national team, earning a first call up earlier this year and hoping to make the cut for Julen Lopetegui’s enviable World Cup squad. Strong in the air and on the ground in terms of winning possession, averaging 2.9 tackles per game, Rodri’s safety first approach on the ball has seen him dictate play for Villarreal, averaging 66.2 passes per game at an 89.7% accuracy. Rating 7.234) Tanguy Ndombele, LyonIt only took three top-flight appearances for newly promoted Amiens at the start of this season to convince Lyon that Tanguy Ndombele would be a sound investment, securing his transfer on loan initially with an option to buy this summer. Lyon will no doubt trigger that transfer clause though he may not remain at the club – or in France – next season. There is widespread interest in the holding midfielder and Lyon may try to make a quick and sizeable profit on the 21-year-old. There’s no wonder so many clubs are courting Ndombele, who has pulled the strings from deep under Bruno Génésio, completing 89.7% of his passes and registering six assists. Rating 7.313) Jorge, Monaco Share on WhatsApp Bundesliga Infographic:WhoScored La Liga team of the week Read more Share on Facebook Infographic:WhoScored Monaco signed Jorge for €8.5m in January 2017 with Benjamin Mendy’s impending departure in mind. The young Brazilian has a very different approach to Mendy but he has performed admirably at left-back. Jorge is far more defensive than his predecessor, highlighted by a whopping 3.1 tackles and 3 interceptions per game. Monaco have unsurprisingly deteriorated following the sales of a number of key players, but Jorge has been the pick of the replacements for the dethroned champions this season. Rating 7.322) Leon Bailey, Bayer LeverkusenLeon Bailey made waves with Genk in the Europa League last season to earn a move to Bayer Leverkusen in January 2017 and he has pushed on this season. Having only made eight substitute appearances last season for Bayer, Bailey has since made a spot on the left wing his own. Still just 20, the Jamaican has scored nine goals and registered six assists in the Bundesliga this campaign. The youngster’s pace and delivery from wide have been devastating at times. Rating 7.341) Houssem Aouar, LyonHoussem Aouar had just 35 minutes of top-flight football to his name before this season, so few could have predicted the impact he would have at Lyon. The 19-year-old has started 25 of his 30 appearances in Ligue 1 this time around and been crucial to the club’s quest to finish as runners-up to runaway leaders PSG. The teenager has had a direct hand in 10 goals from a variety of roles in midfield (five goals, five assists) and has all the tools to become one of the continent’s top box-to-box players. Aouar has averaged 2.5 dribbles, 2.1 tackles and a pass accuracy of 85.6% this season. Rating 7.37Premier League team of the week European club footballcenter_img Reuse this content Thomas Lemar’s slide at Monaco may convince Lyon to let Nabil Fékir go Bundesliga team of the week Ligue 1 Serie A team of the week Infographic:WhoScored Infographic:WhoScored La Liga Share on Messenger Share on Twitter Share on LinkedIn Ligue 1 team of the week Infographic:WhoScored Lyon • Follow WhoScored on Twitter and Facebook• Follow Martin Laurence on Twitter Share on Pinterestlast_img read more

Health Minister to Meet with Eldemire Family

first_imgMinister of Health, Hon. Dr. Fenton Ferguson, said that he will be having discussions with the family of late former Health Minister, Dr. Herbert W. Eldemire, regarding the renaming of the Cornwall Regional Hospital in his honour. Addressing a JIS Think Tank at the agency’s Half-Way-Tree Road offices today (April 24), Dr. Ferguson noted that the family has expressed reservations about the renaming based on what is now being said in the public space. “We are ready to move, subject to the willingness of his family. We would not want to rename an institution after someone if his family, at this time, feels that with all that is happening, it would not be in the best interest. There will have to be some discussions with the family with a view of reaching a position,” he stated. The Health Minister said the decision to rename the hospital in Dr. Eldemire’s honour is “not something that we should be arguing about, causing distress to the family and all other well wishers and bringing into question, the good and honourable name of the former Health Minister”. Dr. Ferguson said that Dr. Eldemire is deserving of the honour, based on his work and worth, having served as Minister of Health from 1962 to 1972 and seeing to the modernisation of the country’s health sector in the post-independence period. Minister of Health, Hon. Dr. Fenton Ferguson, said that he will be having discussions with the family of late former Health Minister, Dr. Herbert W. Eldemire, regarding the renaming of the Cornwall Regional Hospital in his honour.Addressing a JIS Think Tank at the agency’s Half-Way-Tree Road offices today (April 24), Dr. Ferguson noted that the family has expressed reservations about the renaming based on what is now being said in the public space.“We are ready to move, subject to the willingness of his family. We would not want to rename an institution after someone if his family, at this time, feels that with all that is happening, it would not be in the best interest. There will have to be some discussions with the family with a view of reaching a position,” he stated.The Health Minister said the decision to rename the hospital in Dr. Eldemire’s honour is “not something that we should be arguing about, causing distress to the family and all other well wishers and bringing into question, the good and honourable name of the former Health Minister”.Dr. Ferguson said that Dr. Eldemire is deserving of the honour, based on his work and worth, having served as Minister of Health from 1962 to 1972 and seeing to the modernisation of the country’s health sector in the post-independence period.He noted that in addition to his instrumentality in the setting up of the Cornwall Regional Hospital, Dr. Eldemire saw to the establishment of the Cornwall School of Nursing, and the introduction of the National Family Planning Programme.Dr. Ferguson also highlighted Dr. Eldemire’s integral role in the construction of the Savanna-la-Mar Hospital, the Bustamante Hospital for Children, the Dental Auxiliary School, and the Enrolled Nurses Programme.“Dr. Eldemire also maintained a large private practice in Montego Bay for over 40 years. He dedicated his life to healing and health care, and for that, we are immensely grateful,” the Minister pointed out.Cabinet, in October 2010, agreed for the hospital to be renamed the Herbert W. Eldemire Hospital and in 2011, approved the recommendation for the name to be amended to the Herbert W. Eldemire Regional Hospital.This was after discussions with the Prime Minister, the Minister of Local Government, the Mayor of Montego Bay, the Minister of Labour and the Members of Parliament for St. James, and with the approval of the family.Both the name change and the subsequent amendment have been gazetted.last_img read more

Maersk Line to Launch New AsiaUSWC Service

first_imgzoom Danish shipping company Maersk Line plans to set up a new service between Asia and the United States West Coast, the TP1 service, effective September 15, 2016. As part of the service, six vessels with a capacity of 4,000 TEU would be deployed per week.The TP1 service will be part of the 2M alliance’s network of services.The TP1 Eastbound service will cover Yantian, Shanghai (China), Busan (South Korea), Los Angeles/Long Beach (US), while the port rotation of the TP1 Westbound service will be Los Angeles/Long Beach, Yantian, Shanghai, Busan.“We are responding to increased demand in the Transpacific. With supply chains disrupted, many customers are approaching us for transport solutions for their cargo. The TP1 service is a stable, long term solution to meet our customers’ needs,” Klaus Rud Sejling, Head of Maersk Line’s East-West Network, said.last_img read more

Air Canada WestJet raising checked baggage fees

first_imgAir Canada and WestJet Airlines are raising fees for passengers to check their bags.The country’s two largest airlines are raising the fee for the first checked bag to $30 from $25, and for the second bag to $50 from $30.Air Canada and WestJet say the increases follow similar fee bumps by major U.S. airline JetBlue Airways Corp. as well as rising fuel prices and other costs.For years, the airlines checked the first bag for free, a policy that largely ended across the industry by 2014.The increases were put in place this week for domestic flight bookings, and with WestJet are effective for international flights booked starting Tuesday.The fees apply to the lowest fare classes at both airlines.last_img read more

Warning from chief adjudicator Residential school students say theyve been hurt by

first_imgAPTN National NewsIn June 13, Chief Adjudicator Daniel Ish issued a memo to the 200 lawyers who represent IAP clients.“The courts have made clear that any assignment of Settlement Agreement funds is contrary to the Financial Accountability Act and the Settlement Agreement,” he wrote. “Thus, assignments or directions to pay third parties are illegal and unenforceable. In no circumstances should legal counsel pay compensation funds to anyone other than the claimant, beyond approved legal fees.”Without naming names, the chief adjudicator confirmed that a number of the complaints made by the former students had been reported to him.“It has been brought to my attention that at least one firm has delivered cheques for compensation funds, payable to the claimant, to a third party for ‘delivery’ to the claimant. The claimant is then asked to endorse the cheque to the third party for services rendered in processing the IAP claim,” Ish wrote. “This must certainly be an unethical practice. All compensation funds should be paid directly to the claimant and if any amount is payable to a third party, it is a matter to be dealt with between the claimant and the third party without assistance being provided by claimant’s counsel to the third party.”He stated that lawyers could see their fees reduced if they did not provide adequate representation. Then he stated that he had received reports from adjudicators that clients were not receiving adequate representation.“Canada’s 15 per cent contribution toward legal fees is not a guaranteed minimum irrespective of the adequacy and quality of legal services provided to claimants,” Ish wrote.The chief adjudicator explained what had prompted him to write the memo.“In some situations, a 15 per cent fee is not fair and reasonable because it over-compensates for the services provided,” he told the IAP lawyers. “While it is hoped that these situations are not common, they certainly include cases where counsel has had no communication whatever prior to the day of the hearing, where counsel appear at a hearing with the wrong claimant (in one case on more than one occasion relating to the same file), delays in the prosecution of files attributable totally to counsel inaction and false or altered certifications on applications.”Oversight Committee minutes add more detail.The minutes of a meeting on June 21 noted the memo and summarized it for the committee.“As examples of conduct that might warrant such a reduction, he cited lawyers who repeatedly attended with the wrong client, claims where the application form bears no resemblance to the case, and application forms where the lawyers’ certification is signed by someone else, photocopied, or falsified. All of these are, regrettably, actual situations that have occurred.”Minutes of an earlier meeting show that the committee was getting impatient with some firms.“Six law firms are responsible for 70 per cent of the cases on hold. Meetings are being held with each. The Court Monitor may have to be engaged if the lack of response remains. Disclosure of the names of the firms, possibly on the website, was suggested.”last_img read more