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BBCNEWS Business June 7, 2024

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 auto...
Mike Lynch Fraud Charges Tech Tycoon Heading Home Interest Rate Call World Oceans Day

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It worked, the share price soared and short sellers were forced out and then it kind of went away for a couple of years. it seems indicative of a market that was maybe too hot, interest rates were very low, people may be had too much cash to spend, we have stimulus checks in the us which seem to contribute to it. now there is a sign there may be more to it, they mayjust be power in the social push, light groups, large numbers backing these household names and we will see, i guess later this week...
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