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Transcripts For BBCNEWS Business 20240607

we start in the us, where the british tech tycoon mike lynch has been cleared of fraud charges in a san francisco court. once hailed as a uk bill gates, mr lynch was facing fraud charges over the $11 billion sale of his software firm, autonomy, to hewlett packard back in 2011. mr lynch had been accused of inflating the value of his firm ahead of the sale a jury has found him not guilty on all counts. our north america business correspondent erin delmore has the details. when autonomy was sold to hewlett packard 13 years ago for $11.1 billion, it was one of the top 100 public companies in the uk. the sale marked the la rgest ever takeover of a british technology business. but hewlett packard later wrote down the company s value by more than $8 billion, leading to criminal charges that mike lynch had defrauded hewlett packard by inflating the value of autonomy. the businessman was extradited from britain to the united states to stand trial on the charges, which could have put

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from our asia business hub. this is quite unusual, isn t it? ., , ., , it? yeah, it is at samsung. it is not unheard it? yeah, it is at samsung. it is not unheard of it? yeah, it is at samsung. it is not unheard of to - it? yeah, it is at samsung. it is not unheard of to see - is not unheard of to see industrial disputes in south korea in general. there was disputes at hyundai, the long running doctor strike, as well, but this is samsung electronics, the crown jewel of the samsung group in general. white feet of the business landscape in south korea. 0f landscape in south korea. of the whole economy, actually. you might even argue. for most of their history they have not allowed union representation, only for the first time it was allowed in 2020 and now you have this dispute over pay and bonuses, like you say, over this extra day of annual paid leave. they were not able to come to an agreement with bosses so the have asked their members to take pot not quite go on strike, take a da

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