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BBCNEWS Business June 7, 2024 - Vimarsana News

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 autonomy was sold to hewlett—packard 13 years ago for $11.1 billion, it was one of the top—100 publi...

Business Today - Vimarsana News

Business Today

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, just how much there is behind this, whether my people are looking to get involved and whether this...