Public radio from Western Michigan University 102.1 NPR News | 89.9 Classical WMUK
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Classical WMUK 89.9-FM is operating at reduced power. Listeners in parts of the region may not be able to receive the signal. It can still be heard at 102.1-FM HD-2. We apologize for the inconvenience and are working to restore the signal to full power.

HP Plans To Sue Software Firm Because It 'Lied'

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with a costly misstep by HP.

(SOUNDBITE OF MUSIC)

MONTAGNE: The California-based technology giant is writing down an $8.8 billion loss. CEO Meg Whitman says much of that comes from new revelations about Autonomy, a software company HP bought last year. She says the company lied about the state of its finances.

HP plans to sue, and has asked authorities in both the U.S. and the U.K. to investigate. Transcript provided by NPR, Copyright NPR.