Top three UK mortgage lenders join with UK’s largest property website in strategic funding round for property technology firm Coadjute Coadjute is a leading data network for the property market, designed to improve the speed, ease and security of buying and selling homes LONDON: 02 April 2024: Lloyds Banking Group, Nationwide, NatWest, and Rightmove have announced...
Category: Tech
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Geoff Holt completes circumnavigation of Great Britain
14 June 2024 By Daisy Stephens, BBC News Lia Toby/WetWheels Geoff Holt said he drove the boat for the entire duration of the trip A man who is paralysed from the chest down said he circumnavigated Great Britain in a power boat to prove to “other profoundly disabled people that barrier free boating is possible”. Geoff Holt...
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AI candidate running for Parliament in the U.K. says AI can humanize politics
An artificial intelligence candidate is on the ballot for the United Kingdom’s general election next month. “AI Steve,” represented by Sussex businessman Steve Endacott, will appear on the ballot alongside non-AI candidates running to represent constituents in the Brighton Pavilion area of Brighton and Hove, a city on England’s southern coast. “AI Steve is the...
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UK tech bosses urge focus on AI skills and growth in high-stakes election — no matter who wins
U.K. Prime Minister Rishi Sunak (left), leader of the incumbent Conservatives, and opposition leader Sir Keir Starmer of the Labour Party. The politicians traded barbs in their first head-to-head debate on Tuesday ahead of the July 4 General Election. Pa Images | Getty Images LONDON — British technology executives and entrepreneurs want the next government...
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Flood alerts at record level in Great Britain in first four months of 2024
A record number of flood alerts and warnings were issued in Great Britain in the first four months of 2024, averaging 40 a day, according to analysis of Environment Agency figures. Round Our Way, a not-for-profit organisation supporting people in the UK affected by the climate crisis, obtained data from the agency under the Freedom...
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One-time British tech titan Mike Lynch acquitted of fraud in $11 billion deal with Hewlett Packard
San Francisco — Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard. The not-guilty verdicts reached Thursday by a federal court jury in San...
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British tech tycoon Mike Lynch cleared in $11bn US fraud trial
Autonomy, founded in Cambridge in 1996, was a member of the FTSE 100 and one of Britain’s most valuable software companies before its sale. Mr Lynch made £500m from the deal, using the funds to set up companies including the British cybersecurity company Darktrace. HP wrote down almost all of the deal’s value a year...
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UK tech tycoon Lynch cleared of HP fraud charges in US trial
(June 7): UK tech tycoon Mike Lynch was found not guilty of criminal charges that he pulled off Silicon Valley’s biggest-ever fraud 13 years ago by duping Hewlett Packard Co into buying his software start-up for US$11 billion (RM51.64 billion). His victory is stunning after he lost a civil trial in the UK in 2022...
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Tech star Mike Lynch acquitted of fraud in £8.6bn deal with Hewlett Packard
Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an 11-billion-dollar (£8.64 billion) deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard (HP). The not-guilty verdicts reached on Thursday by a federal court jury in San...
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British tech magnate Mike Lynch acquitted of fraud charges in $11 billion deal with Hewlett Packard
SAN FRANCISCO — Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard. The not-guilty verdicts reached Thursday by a federal court jury in San...
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Mike Lynch: Autonomy co-founder cleared of fraud in US trial
British tech tycoon Mike Lynch has been cleared of fraud charges he faced in the United States over the $11bn (£8.6bn) sale of his software firm to Hewlett-Packard in 2011. A jury in San Francisco found him not guilty on all counts, a stunning victory for Mr Lynch, who had been accused of inflating the...
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Tech tycoon Mike Lynch cleared of all fraud charges in Hewlett-Packard trial
The British tech tycoon Mike Lynch was found not guilty on Thursday on all 15 counts of fraud he faced over the $11.1bn purchase of his company Autonomy by Hewlett-Packard in 2011. Lynch’s trial began in March in San Francisco after a lengthy battle over his extradition from England to the US. He was first...