Thursday, November 21

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”.

https://www.theguardian.com/business/article/2024/may/23/mike-lynch-fraud-trial

British entrepreneur London Mike Lynch The Guardian UK featured