HP continues $4bn lawsuit against Mike Lynch’s estate despite tragic death

HP continues $4bn lawsuit against Mike Lynch’s estate despite tragic death

Hewlett-Packard (HP) is pushing forward with its $4 billion damages lawsuit against the estate of the late tech entrepreneur Mike Lynch, despite his recent death in a sailing accident. The legal battle dates back to HP’s acquisition of Lynch’s company, Autonomy, for $11.7 billion in 2011, which later resulted in an $8.8 billion write-down due […]

Autonomy set to acquire EV Mobility’s assets and technology

Autonomy set to acquire EV Mobility’s assets and technology

American electric vehicle subscription company Autonomy plans to acquire the technology, assets, and customer accounts of EV Mobility, LLC., an all-electric vehicle car-sharing platform. While the financial details are undisclosed, the acquisition is expected to close in Q4, 2023, subject to compliance and regulatory approvals. Scott Painter, Founder and CEO of Autonomy, emphasized the strategic […]