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DeepNewz, mobile.
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Two tech executives face potential 20-year jail terms over an $11 billion HP deal involving alleged fraud. HP claimed accounting misstatements led to overpayment of $1.7-2.7 billion for Autonomy. The trial portrays a former British tech star as both a scam artist and visionary, with the defense highlighting differences in accounting standards.
i cannot believe this autonomy fraud thing is finally seeing a day in court HP’s doomed acquisition — considered one of the worst in corporate history — happened just after i started reporting on the industry like 13 years ago https://t.co/Ozadv2c9hI https://t.co/kEU0fE1HmW
Mike Lynch trial: defense points to difference in accounting standards https://t.co/ltzFymTFSB
As Fraud Trial Opens, Tech Titan Who Wooed HP Cast as Accounting Alchemist, 'Startup Guy' Who Delegated Details https://t.co/MHAyISPtvz