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 […]

Sicily yacht tragedy: Search for billionaire’s daughter continues after deadly storm

Sicily yacht tragedy: Search for billionaire’s daughter continues after deadly storm

The sinking of the Bayesian, a British-flagged superyacht off the coast of Sicily on August 19, 2024, has captured global attention due to the tragic loss of life and the high-profile individuals involved. The 56-meter yacht, built in 2008 by the esteemed Italian shipyard Perini Navi, was considered nearly unsinkable. Yet, it succumbed to the […]