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    Despite interested buyers, HP reportedly reluctant to unload Autonomy

    HP AutonomyHP CEO Meg Whitman, Lion King

    In a rational world, this would be a big potential win for HP (HPQ) CEO Meg Whitman: There may be companies willing to take Autonomy off her balance sheet. The Wall Street Journal reports that HP “has received expressions of interest from potential suitors for its Autonomy Corp. business” that it purchased for $11 billion back in 2011. Washing its hands of Autonomy would seem to be a welcome option for HP, which last year had to write off a whopping $8.8 billion in the wake of alleged accounting fraud committed at the enterprise information technology firm prior to its acquisition. But despite all that, the Journal says that Whitman so far has been reluctant to dump the company to any bidder even though HP’s most recent 10-K filing said that it was evaluating “the potential disposition of assets and businesses that may no longer help us meet our objectives,” a strong hint that it wants to unload some underperforming segments.

    [More from BGR: Apple’s iPhone business may have already peaked]


    This article was originally published on BGR.com

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    • Why We Can't Forget That Oklahoma's Senators Voted Against Sandy Relief

      Nearly four months ago, Oklahoma Senators Tom Coburn and James Inhofe both voted against H.R.152, the Disaster Relief Appropriations Act that eventually sent $50.5 billion in relief to victims of Hurricane Sandy. And in the flurry of last night's devastation in Moore, Oklahoma. it was impossible not to forget that fact, knowing the federal government would soon rally to the cause.

    • Boyfriend espaces out window as husband confronts cheating wife [VIDEO]

      As part of perhaps the most spectacular walk-of-shame ever, an underwear-clad lover escaped from a third floor bedroom as the returning husband confronted his cheating wife on a balcony.

    • Rescues, Grim Recoveries at Elementary School After the OK Tornado

      There's a reason that many eyes were on Plaza Towers Elementary as Moore, Oklahoma began to assess the damage from a deadly, devastating tornado that blasted through the town Monday evening and killed at least 51 people: the school was leveled, with dozens of children still inside. And so far, some of the most emotionally charged news has emerged from the story unfolding there. 

    • Kids rescued from rubble at Okla. elementary

      MOORE, Okla. (AP) — Several children have been pulled out of the rubble alive at a school in an Oklahoma City suburb.

    • 10 gut-wrenching images from the devastating Oklahoma tornado

      Entire neighborhoods and two elementary schools were obliterated

    • IRS' Miller says planting question on tax targeting was bad idea

      WASHINGTON (Reuters) - The outgoing head of the Internal Revenue Service took responsibility on Tuesday for his agency's decision to expose its political targeting scandal by planting a question in the audience at a tax conference. Acting IRS Commissioner Steven Miller told a congressional hearing that IRS official Lois Lerner's orchestrated apology during an American Bar Association conference question-and-answer session was meant to "get the apology out" before a Treasury Department audit on the matter was published. "I will take responsibility for that," Miller said. ...

    • Utah man, brother suspects in wife's disappearance

      WEST VALLEY CITY, Utah (AP) — Newly released police records show that Utah officials believe Josh Powell likely killed his wife and that his brother, Michael Powell, helped dispose of the body, but authorities felt they didn't have enough evidence to prove that theory in court.

    • 18-year-old’s invention can recharge a cell phone in 30 seconds

      A teenager from Saratoga, California took home one of the top prizes at the Intel International Science and Engineering Fair late last week after showing off her invention, which can fully charge a cell phone in 30 seconds or less. Eesha Khare was given the Intel Foundation Young Scientist Award and a $50,000 prize for being runner-up in the competition, which was won by a 19-year-old who unveiled a new spin on self-driving car technology. Khare’s battery technology requires a new component to be installed inside the phone battery itself, and Intel notes that it also has potential applications for car batteries.

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