Posts Tagged ‘autonomy’

Hewlett-Packard Chairman Ray Lane Defends Strategy Shift at the 2011 InformationWeek 500 Conference

Tuesday, September 13th, 2011

Let’s check in with HP and see what they have to say these days considering all the criticism they’ve gotten lately.

Wow, what a turkey:

(But keep your fingers crossed – you still might be able to find one of these for $99, which is kind of a bargain…)

Anyway:

“Hewlett-Packard Chairman Ray Lane Defends Strategy Shift at the 2011 InformationWeek 500 Conference

Lane acknowledges confusion in market following its announcement to consider spinning off PC business and spotlights HP’s focus on enterprise information technology

DANA POINT, Calif., Sept. 12, 2011  – Speaking at this year’s InformationWeek 500 Conference, Hewlett-Packard Chairman Ray Lane and Chief Technology Strategy Officer Shane Robison discussed HP’s change in strategy and the confusion that followed in the market. HP announced in August that it would buy the software company Autonomy, end production of the TouchPad tablet computer, and explore spinning off its PC business. The executives acknowledged the company didn’t communicate the changes well, and they explained how HP will become a strictly enterprise-focused IT vendor with particular depth in managing unstructured data–the 85% of information that isn’t managed within the columns and rows of conventional databases.

“Predictability is important, but technology companies that just keep doing what they are doing, die,” Lane said. “You have to keep changing, and that’s uniquely important in the technology business.”

In a candid conversation with InformationWeek SVP and Editorial Director Fritz Nelson, Lane said HP was not a leader in consumer devices, describing HP’s TouchPad tablet as “a generation behind” the iPad. HP will continue to support its webOS mobile operating system. By separating webOS from the hardware business, Lane said HP will be able to take advantage of what he described as “the best platform in the world” for commercial application development. “You cannot develop serious, portable applications on Android,” Lane said, noting that the Web app development platform behind webOS can port applications to Android, Apple iOS, and Windows, as well as webOS.

For complete coverage of the discussion with Lane and Robison at the InformationWeek 500 Conference, please visit http://www.informationweek.com/news/software/enterprise_apps/231601245.

The 2011 InformationWeek 500 Conference takes place at the St. Regis Monarch Beach in Southern California from September 11 – 13. Attending are more than 325 influential CIOs and IT executives representing companies such as FedEx, JetBlue Airways, San Francisco Giants, Vail Resorts and Prudential Financial. The conference is sponsored by: Cognizant, Dell and Intel, HCL Technologies Infrastructure Services Division, IBM, Information Builders, Microsoft, MphasiS (an HP company), Rimini Street, Inc., Riverbed, SuccessFactors, Syniverse, VMware, Vidyo, Inc., and Workday.”

SFPD Arrests Hannah Yau and Maria Dionisio for Epic $2.6 Million Dollar Embezzlement Scams

Wednesday, July 28th, 2010

This one, involving former employees of U.K and San Francisco-based Autonomy Corporation, speaks for itself.

Let’s hear from the SFPD:

“The San Francisco Police Department in conjunction with the San Francisco District Attorney’s Office announced today the arrest and charging of Maria Lourdes B. Dionisio and Hannah Yau for their alleged involvement in a $2.6 million dollar embezzlement scam.”

And now let’s hear from the office of District Attorney Kamala D. Harris, below.

 
Popo shut us down. Wow:
 
SAN FRANCISCO – District Attorney Kamala D. Harris announced today the arrest and charging of Maria Lourdes B. Dionisio and Hannah Yau for their alleged involvement in a $2.6 million dollar embezzlement scam.

“The conduct alleged in this case is a classic example of the fox guarding the hen house,” said District Attorney Kamala D. Harris. “To pull off a fraud of this magnitude over a number of years is about more than just being a rogue employee. There is a level of planning and sophistication involved here that makes this crime especially egregious.”

Maria Lourdes B. Dionisio, age 46, of Pacifica, is charged with violating Penal Code sections 487(a), grand theft, 508, embezzlement, and 502(c)(1)(A) and 502(c)(1)(B), computer use crimes, all felonies. Hannah Yau, age 56, of Fremont, is charged with violating Penal Code sections 487(a), grand theft, and 508, embezzlement.

According to court documents, defendant Dionisio, a payroll clerk, and defendant Yau, a financial analyst, were formerly employed by Autonomy, Inc., a San Francisco software programming firm based in England. The two defendants allegedly caused or permitted many checks to be wrongfully issued to themselves over a four year period, resulting in a loss of approximately $2,600,000.

The alleged conduct came to the attention of corporate officers when defendant Dionisio was fired in May 2010, for reasons unrelated to theft.   When she filed for unemployment insurance, defendant Dionisio listed an annual salary of $449,740,far in excess of her base salary of $63,000. An investigation revealed that bonus checks far in excess of those authorized had been paid to defendant Dionisio, who caused the checks to be drafted, and to defendant Yau, who also received checks herself, but did not alert her employer of the theft.

“This case involves an employee who allegedly embezzled from her company and then brazenly claimed her ill-gotten gains as legal compensation in order to inflate her unemployment benefits,” said District Attorney Harris. “The company impacted by the alleged conduct did the right thing in coming forward to report this case to authorities.”

The defendants were arrested on July 28, 2010 in San Francisco. Bail was set in the arrest warrant at $1,000,000 for each defendant.   The defendants are scheduled to be arraigned in San Francisco Superior Court on Thursday, July 29, 2010 at 9:00 am.”