Tech titan Mike Lynch testifies at fraud trial that Autonomy was ‘not perfect’

UK founder, accused of inflating sales and misleading regulators, takes stand and says he wasn’t fully responsible for firm’s decisionsBritish entrepreneur Mike Lynch took the stand on Thursday in a San Francisco federal courthouse as a key witness in his own criminal fraud trial, defending his role at Autonomy, the tech firm he co-founded and then sold.While the government has painted the matter as a clear case of fraud, Lynch in his testimony attempted to highlight more complexity, stating that like any business, Autonomy was “not perfect”. Continue reading...

May 24, 2024 - 04:30
 0  2
Tech titan Mike Lynch testifies at fraud trial that Autonomy was ‘not perfect’

UK founder, accused of inflating sales and misleading regulators, takes stand and says he wasn’t fully responsible for firm’s decisions

British entrepreneur Mike Lynch took the stand on Thursday in a San Francisco federal courthouse as a key witness in his own criminal fraud trial, defending his role at Autonomy, the tech firm he co-founded and then sold.

While the government has painted the matter as a clear case of fraud, Lynch in his testimony attempted to highlight more complexity, stating that like any business, Autonomy was “not perfect”. Continue reading...

usnews US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.