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HP Wins Fraud Case in the UK Over Autonomy Purchase

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On Friday, Hewlett Packard was found not guilty of a multibillion-dollar fraud lawsuit stemming from its 2011 purchase of British software firm Autonomy. Cambridge-based Autonomy was sold to the US tech giant for $11bn in 2011. HP accused Autonomy of falsifying its accounting, alleging it had inflated its worth and created substantial losses for the US firm.

 

HP has filed a $5 billion lawsuit against Mike Lynch, Autonomy’s British founder, and Sushovan Hussain, the company’s former chief financial officer (roughly Rs. 37,500 crores). Judge Robert Hildyard stated in a summary of his ruling in what get thought to be Britain’s largest-ever civil fraud trial that HP and the other plaintiffs largely triumphed and the compensation amount will get decided later.

His conclusions, read out at the High Court in London, come more than two years after the start of what was believed to be the UK’s biggest civil fraud trial, which was heard over nine months in 2019. The judge said the number of damages to be paid would be dealt with at a later date.

According to the Home Office, Interior Minister Priti Patel signed an order on Friday ordering Lynch’s extradition to the United States. He is facing separate criminal charges related to the transaction. Lynch has the option of appealing the extradition order to the High Court.

 Autonomy utilized “a range” of deceptive devices to enhance or fabricate income, according to HP’s lawyer Laurence Rabinowitz. In 2018, a US judge found Autonomy’s finance head Hussain guilty of fraud in connection with the transaction and sentenced him to five years in prison.

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Lynch has categorically denied any misconduct. Lynch’s lawyer, Kelwin Nicholls, called the court’s decision “disappointing” and stated that Lynch “intends to appeal.”  Chris Morvillo, another of Lynch’s lawyers, said that his client “firmly disputes the accusations made against him in the United States and that his client will continue to battle to demonstrate his innocence.”

According to Morvillo, Lynch was “a British person who managed a British corporation in Britain, subject to British laws and norms, and there is where the problem should get addressed.” 

That’s it for now. For more latest news and updates, stay in touch with us!!

 

 

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Boat Nirvana 751 – Find Key Specifications, Price, and Review Here!!

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The boAt Nirvana is the first wireless headset with active noise cancellation from the firm. Noise-canceling gets controlled by a dedicated button.

The boAt has expanded its headphone lineup with yet another model. In India, the local company has released the boAt Nirvana 751 headphones. The boAt Nirvana is the first wireless headset with active noise cancellation from the firm. Noise-canceling gets controlled by a dedicated button. Aside from that, the headphones have a 65-hour listening time, rapid charging, and other features.

This company is known for selling high-quality items that aren’t too expensive. In the budget category, the Nirvana 751 got also introduced. It’s boAt’s first cheap headset that includes active noise canceling. So, let’s have a look at the boAt Nirvana’s price and features.

boAt Nirvana 751: Price and availability

The boAt Nirvana 751 is available for Rs 3,999. The headphones are available on the Amazon India website. The boAt Nirvana 751 comes in various colors, including Black, Blue, and Silver. On February 8, the headphones will be available for purchase for the first time.

boAt Nirvana 751: Specifications

  • The 40mm drivers in the boAt Nirvana 751 provide immersive sound quality. It’s the first pair of affordable headphones from the firm to have Active Noise Cancellation. Active noise-canceling headphones under Rs 5000 are hard to come by. The ANC may get turned on and off using a specific button on the device.

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  • They are said to have a 65-hour playtime on a single charge, according to the firm. With the ANC turned on, it can last up to 50 hours. Moreover, the headphones also have quick charging capabilities, allowing you to have ten hours of gameplay by charging the device for only ten minutes.
  • Their hybrid ANC technology suppresses noise across a frequency range and is, therefore, unable the headphone to cancel sounds up to 33 decibels.
  • Apart from ANC, the headphones have Ambient Mode. It allows users to be aware of their surroundings.
  • Bluetooth 5.0 and AUX connectivity get included on the headphones. Siri and Google Assistant get also supported by the Boat Nirvana 751 wireless headphones.
  • With boAt Nirvana 751 ANC, experience the #SoundThatMatters. They feel to enjoy the better sound. They must first experience better stillness.
  • Its Hybrid Active Noise Cancellation combats noise decibels up to 33 dB, allowing you to immerse yourself in your rhythm at any time. When you don’t, Ambient Mode keeps you aware of your surroundings while listening to music

Conclusion

 You’ll be surprised to know that all the features mentioned above come with a gigantic 65-hour playback time, ensuring that you never stop grooving. Every time you connect in, you’ll get transported to a world of aural enjoyment thanks to boAt Signature Sound and 40mm Drivers. 

Stay tuned with us for more updates!!

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Is Meta pulling Facebook and Instagram from Europe? Here’s the complete news!!

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Meta might shut down Instagram and Facebook in Europe if it is no longer allowed to transfer, store, or process data from EU users on its US-based servers.

Meta’s annual filing with the US Securities and Exchange Commission, which got first reported by iTWire, confirms this. The problem stems from transatlantic data transfers governed by the ‘Privacy Shield’ framework and other agreements that the corporation employs to store and use data from European consumers on American servers.

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Agreements that allow for data transfer are now strictly regulated in the European Union. In a recent report to the US Securities and Exchange Commission, Meta warned that unless a new framework gets put in place, the company is no longer allowed to use the existing model agreements, it will ‘likely’ no longer be able to offer many of its most significant products and services,’ such as Facebook and Instagram.

Meta emphasized the sharing of data between countries for the services and targeted advertising.

The European Court of Justice revoked the Privacy Shield in July 2020 owing to data protection issues. Since then, the EU and the US have emphasized that a new version of the pact is in the works.

Meta also uses model agreements, commonly known as Standard Contractual Clauses, to process data from European users on American servers.

“A lack of safe, secure, and authorized international data transfers would harm the economy and stifle the growth of data-driven businesses in the EU.” In reaction to City A.M., Meta’s VP of Global Affairs and Communications, NMick Clegg, remarked, “That is as we pursue recovery from Covid-19.” Large and small businesses in several industries would feel the impact.”

“In the worst-case situation, this could imply that a small tech start-up in Germany would no longer be allowed to use a US-based cloud service,” Clegg explained.

Feel free to share your thoughts with us in the comment section below!!

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Apple might release iPad Air 5 on Apple Spring Event – Here’s the complete specifications!!

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iPad Air 5 is speculated to launch in Apple Spring Event 2022. The new tablet gets expected to include enough advancements to make the wait worthwhile. We’ve compiled all we know so far regarding the rumored iPad Air 5.

iPad Air 5 display

We’ve already seen a few rumors concerning an OLED display on the iPad Air 5. The iPad Air could be Apple’s first tablet with an OLED display, which would be a huge step forward.

While the iPad Air’s current Liquid Retina LCD is outstanding, an OLED display would offer richer colors, wider viewing angles, and perfect blacks. As a result, both for editing images and videos and for watching the latest Ted Lasso episodes, it would be a significant increase.

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The latest study from The Elec claims that the 10.68-inch iPad version (anticipated to become the next iPad Air) will feature a stiff OLED display instead of the movable screen that Apple has been using inside its products from 2017. Based on the source, the remainder of the iPad versions after the 10.68-inch tablet would employ a foldable silicon substitute.

According to a report from The Elec, Apple has decided to abandon intentions to collaborate with Samsung Panel on an Oled screen for the iPad Air.

Apple chose against using an OLED display for the iPad Air “due to pricing and performance not surpassing the company’s expectations,” according to Ming-Chi Kuo, a well-known Apple analyst. The next iPad Air, according to the analyst, may instead have an LCD.

iPad Air 5 design, features, and specs

Aside from the anticipated OLED display, little gets known about the remainder of the iPad Air 5’s specifications. According to one report, the iPad Air 5 could gain iPad Pro-type features like an updated dual-camera system with Center Stage compatibility, which allows the camera to digitally pan and zoom to track a subject across a room.

The iPad Air 5th generation gets also expected to feature an A15 Bionic chip, unveiled with Apple’s iPhone 13 lineup during the September presentation.

A four-speaker audio system, similar to that found in the current iPad Pro 2021 versions, could be included in the upcoming iPad Air 5.

Apart from that, most of its predecessor’s features will be preserved, according to the insider, including the 10.9-inch Liquid Retina display and Touch ID on the tablet’s side button.

Surprisingly, this information contradicts previous speculations of an OLED-equipped iPad Air.

What are we expecting from the iPad Air 5?

  • More storage

For $599, the iPad Air comes with 64GB of storage, which is generous. For the iPad Air 5, we’d want to see 128GB.

  • Face Recognition

It isn’t a Pro feature because it’s available on every iPhone 12 model. So why not make unlocking your iPad Air a little easier?

  • Center Stage

If Apple changes to a dual-camera system, this iPad Pro capability should be easy to the iPad Air 5. During a video conference, the camera would follow you around.

  • Portrait Mode

People use their iPads as cameras, as much as we don’t want to admit it. As a result, adding this option would be a nice improvement.

  • Battery life is even longer.

On our web surfing test, the iPad Air 4 lasted 10 hours and 29 minutes, which is a decent result.

Conclusion

The iPad Air 5 could get announced at Apple’s next presentation, which will take place on or around March 8th. The iPad Air 5 could be one of three Apple gadgets that have been imported to India “for testing purposes” ahead of the debut in the spring.

For more updates, stay tuned with us!!

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