Executive of autonomy, which he sold to Hewlett Packard in 2011 for 11 billion, a deal which has dominated his life ever since. Only this year, lynch was cleared by a court in San Francisco of fraud charges brought by hp who alleged there had been accounting improprieties. Our Business Editor simonjackjoins me now. What more can you tell us about Mike Lynch and whats happened to him . I have been a businessjournalist over 20 years and there has never been a time when Mike Lynch was not considered a giant of the Uk Technology scene, it was a Phd Student at cambridge, and has founded a number of companies and then found the company which made his name and which was a Crown Jewel of Uk Technology companies, autonomy, it grew very quickly and they were trying to extract meaning from large packets of data, the cursor to the Ai Companies we see today, and it was swamped on by Hewlett Packard in 2011, buying it for over 11 billion, but that crown slipped when the company accused Mike Lynch of
onjune 6th, 191m along sword, juno, gold, omaha and utah beaches tens of thousands of troops took part in the largest ever seaborne invasion. it helped drive nazi forces from france ahead of germany s eventual defeat the following year. today president macron hosted a centrepiece event close to omaha beach; us president, joe biden, warned that democracy in europe was once again under threat, in the wake of russia s invasion of ukraine. earlier, at the new british national memorial at gold beach a service of commemoration. the king laid a wreath for the fallen. and alongside the solemn ceremonies, it s also been a chance for attendees to meet and speak with the guests of honour the veterans themselves each of whom played such an important part in one of the defining days in european history. bagpipes. memories fade. the living testimonies dwindle. but at dawn today, on the beaches of normandy, they remembered. making their own 80th anniversary normandy landing, a
team and said he was looking forward to getting back to his family and his work in the uk. it s a stunning reversal for mr lynch was been involved in legal battles over autonomy sale for more than a decade. he in the formerfinance sale for more than a decade. he in the former finance chief lost a civil trial in the uk two years ago, which also focused on allegations that they are slated revenue before they are slated revenue before the sale to hewlett packard in 2011. for the first time in five years, the european central bank has cut interest rates. the move was widely expected with inflation easing in the 20 first samsung it s a first ever. the union was set “p first ever. the union was set up in 2020, before then there was no union. when i worked in samsung there was no union. it s very hard working company. employees work very hard and they used to work very long hours. these days i m actually the company is becoming much more lenient and ours are not as severe as wha
business news live from singapore. foxconn announced a ten million dollar investment to build a manufacturing plant in the united states. on facebook reports a major bump in profits. hello and welcome to asia business report. i am sharanjit leyl. to asia business report. i am shara njit leyl. taiwanese electronics manufacturer foxconn just announced plans to build a flat panel screen plant in the united states. at an elaborate press conference in the white house a short while ago, foxconn said it is investing million $10 million. i asked our correspondent how big a deal this is for the us economy. president trump campaigned on the idea of bringing manufacturing jobs back to the united states, especially in america s heartland. so certainly from his perspective, and from his base‘s perspective, this is a really big win. you see this is a really big win. you see this company coming in, investing $10 million, that is going to create 3000 jobs, and is just $10 million, that