Mike Lynch estate blocked from appealing HPE damages ruling Tech The estate of the late British tech tycoon Mike Lynch has been refused permission to appeal a High Court ruling that found him liable to pay damages to Hewlett Packard Enterprise (HPE) over its acquisition of Autonomy. Lawyers acting for Lynch’s estate had sought to challenge the 2022 judgment, which held Lynch and Autonomy’s former [...]
EDX Medical’s New Advanced Bowel Cancer Testing Service to Launch in UK to Improve Early Detection A new, highly accurate testing service that improves the early-stage detection of bowel cancer with strong clinical validity will be available in the UK within the next few weeks. The service increases the accuracy and sensitivity of testing and includes assessment of hereditary genetic risk for the patient. It is the most advanced and accurate [...]
HP pursues Lynch estate for £1.35bn as tech giant forks out £150m in legal bills Legal The High Court heard that the estate of British technology tycoon Mike Lynch should be liable to pay more than £1.35bn to Hewlett-Packard (HP) over fraud linked to the sale of Autonomy. Lynch, who founded software firm Autonomy in 1996, sold it to HP in 2012 for $11.1bn, but after a bust-up over allegations of [...]
Nik Storonsky-backed Robin AI seeks rescue buyer after fundraise falls short October 28, 2025 An AI business backed by the likes of Revolut co-founder Nik Storonsky is seeking a rescue buyer after its fundraising ambitions fell short, City AM can reveal. London-based legal firm Robin AI has been put up for sale on an insolvency marketplace – meaning its future could be in doubt if a buyer is not [...]
HPE: Hewlett-Packard Enterprise’s UK profit quadruples despite sales slump July 23, 2025 Profit at the UK arm of Hewlett-Packard Enterprise (HPE) almost quadrupled during its latest financial year despite its sales being slashed by nearly £150m. The division of the US tech giant has posted a pre-tax profit of £97.6m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The [...]
Mike Lynch’s estate ordered to pay HP £700m following tech mogul’s death July 22, 2025 Mike Lynch's estate was ordered to pay HP just under £700m in conclusion to the fraud linked to the $11.1bn sale of Autonomy.
Hiscox picks former Man Group boss as new chair May 29, 2025 Peter Clarke, the former CEO of Man Group, has been appointed to join Hiscox's board
Tech tycoon Mike Lynch’s ‘unsinkable’ yacht sank due to design flaw, report finds May 15, 2025 A British investigation has found that fatal design flaws left tech entrepreneur Mike Lynch’s £32m super yacht Bayesian dangerously vulnerable to capsizing – contradicting builder claims that the vessel was “unsinkable”. Lynch, often dubbed “Britain’s Bill Gates”, for his role in founding software giant Autonomy, was among seven people who died last August when the [...]
Work to recover Mike Lynch’s sunken superyacht paused after diver’s death May 10, 2025 Work to recover tech tycoon Mike Lynch’s sunken superyacht in Sicily has paused after a diver died. The man, believed to be a diver for Dutch firm SMIT Salvage, died during underwater work on Friday and an investigation will look into what happened. The vessel Bayesian was due to be raised from the seabed within [...]
Darktrace boss Poppy Gustafsson to depart after private equity takeover September 6, 2024 One of London’s most well-known tech bosses Poppy Gustafsson is set to depart the British cybersecurity firm Darktrace after its takeover by US private equity firm Thoma Bravo. Gustafsson, who co-founded the firm in 2013 with backing from the late billionaire Mike Lynch, will be replaced by the company’s chief operating officer Jil Popelka, she [...]