

Michael J. de la Merced
Posts

Their Lives Were Bound by a Fraud Case; Their Fates by a Sinking Yacht
Mike Lynch and Christopher Morvillo spent 12 years together fighting a legal battle over two continents. Their victory celebration ended in tragedy.

Political Betting Markets See Vindication in Trump Victory
Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a...

Physical Intelligence, a Specialist in Robot A.I., Raises $400 Million
The start-up raised $400 million in a funding round with investments from the likes of Jeff Bezos, Thrive Capital and OpenAI.

Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest...

The Guardian in Talks to Sell The Observer to Tortoise Media
The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.

Hewlett Packard to Pursue $4 Billion Claim Against Mike Lynch’s Estate
The money is tied to a lawsuit in Britain by the tech services giant over its acquisition of Autonomy, the software firm Mr. Lynch founded....

What to Know About the Business Execs Who Were With Mike Lynch on His Yacht
The two business figures, both associates of the tech mogul, went missing after the superyacht they were on sank off the coast of Sicily.

Mike Lynch, Tech Mogul Acquitted of Fraud, Dies at 59
The British entrepreneur, who was found not guilty of fraud charges in the sale of his company to Hewlett-Packard, was celebrating his acquittal when his...

What to Know About the Sunken Sicily Yacht’s Passengers, Including Mike Lynch
Mr. Lynch, the former chief executive of the software firm Autonomy, who was acquitted on fraud charges in June, was with friends and family when...

What to Know About the Sunken Sicily Yacht’s Missing Passengers, Including Mike Lynch
Mr. Lynch, the former chief executive of the software firm Autonomy, who was acquitted on fraud charges in June, was with friends and family when...