Michael J. de la Merced

H.P. Takes Huge Charge on 'Accounting Improprieties' at Autonomy

H.P. Takes Huge Charge on ‘Accounting Improprieties’ at AutonomyMichael J. de la Merced and Quentin Hardy, for the Times’ DealBook: The charge essentially wiped out its profit. The headline should say “outright misrepresentations,” not “accounting improprieties,” because the former is …

SoftBank buys 70% stake in Sprint

SoftBank buys 70% stake in Sprint Michael J. De La Merced and Neil Gough, in The New York Times: In a statement on Monday, SoftBank, a big Japanese telecommunications company, said it would pay $8 billion to buy newly issued Sprint stock worth about $5.25 a share. It will then pay $12.1 billion to …