Nov 20 (Reuters) – Hewlett-Packard Co said on
Tuesday it took an $8.8 billion charge related to its
acquisition of software firm Autonomy, citing “serious
accounting improprieties,” as it swung to a fourth-quarter loss.

HP said personal computer sales shrank again and its
quarterly revenue fell 6.7 percent.

By Poornima Gupta and Nicola Leske

(Reuters) – Hewlett-Packard Co said on Tuesday it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing “serious accounting improprieties,” as it swung to a fourth-quarter loss.

HP said personal computer sales shrank again and its quarterly revenue fell 6.7 percent.

By Nicola Leske

(Reuters) – What do a former U.S. Army special operations officer, a computer scientist and an experimental psychologist have in common? Data.

James Reese first came across data analytics company Saffron Technology when he was an officer with the U.S. army’s Delta Force.

By Nicola Leske

(Reuters) – Networking equipment company Cisco Systems Inc said it will buy privately held cloud networking company Meraki for $1.2 billion in cash as part of its cloud and networking strategy.

Cisco said the acquisition of Meraki, which was founded in 2006 by members of MIT’s Laboratory for Computer Science, is expected to close in the second quarter of Cisco’s 2013 fiscal year and is subject to regulatory approval.

By Nicola Leske

(Reuters) – Security software maker Palo Alto Networks Inc, which went public in July, is teaming up with VMware Inc to expand its range of security products to virtual machines and networks.

The companies will announce the partnership at a Palo Alto Networks’ industry event in Las Vegas on Tuesday.

By Nicola Leske

(Reuters) – Tech investors hoping for good news may have to look further than Cisco Systems Inc’s (CSCO.O: Quote, Profile, Research, Stock Buzz) quarterly report as analysts expect Chief Executive John Chambers to be pessimistic in his forecast for the coming year.

Cisco, which is expected to meet estimates when it reports its first-quarter results on Tuesday, is seen as harbinger in terms of spending on information technology because of its global reach and customers across all sectors.

By Nicola Leske

(Reuters) – Tech investors hoping for good news may have to look further than Cisco Systems Inc’s (CSCO.O: Quote, Profile, Research, Stock Buzz) quarterly report as analysts expect Chief Executive John Chambers to be pessimistic in his forecast for the coming year.

Cisco, which is expected to meet estimates when it reports its first-quarter results on Tuesday, is seen as harbinger in terms of spending on information technology because of its global reach and customers across all sectors.

Nov 9 (Reuters) – Avantor Performance Materials has filed a
lawsuit against IBM for fraud and breach of contract
over the implementation of a software project that resulted in a
“disaster” for the chemicals manufacturer.

The company, which produces chemicals and raw materials for
pharmaceutical products, laboratory chemicals and chemicals used
in the electronics industry, said in a statement that it was
seeking tens of million in damages from IBM.

NEW YORK, Nov 1 (Reuters) – Cable operator Cablevision
Systems Corp said on Thursday about half of its 3.3
million customers in the New York, Connecticut and New Jersey
area had lost power in the wake of superstorm Sandy, causing
widespread disruptions to its service.

Cablevision said in a statement that 1.6 million of its
customers were without power while 7,265 of the remaining 1.65
million customers who were not affected by power outages still
had no access to Cablevision’s service.

Nov 1 (Reuters) – Cable operator Cablevision Systems Corp
said about half of its 3.3 million customers in the New
York, Connecticut and New Jersey area had lost power in the wake
of superstorm Sandy, causing widespread disruptions to its
service.

Cablevision said in a statement on Thursday that 1.6 million
of its customers were without power while 7,265 of the remaining
1.65 million customers who were not affected by power outages
still had no access to Cablevision’s service.