Metro – Tycoon missing after yacht horror
One of the big stories from Monday is the news that British tech billionaire Mike Lynch is among those missing after a yacht sank – which forms the Metro’s front page. Mike Lynch, the tech tycoon once described as Britain’s answer to Bill Gates, is missing after the Bayesian yacht sank off the coast of Sicily yesterday morning. The businessman is among seven people missing after the £14 million yacht sank when it was hit by a violent storm at around 5 am on Monday.
Who is Mike Lynch? Missing UK tech tycoon dubbed ‘Britain’s Bill Gates’
Mike Lynch, the tech tycoon once described as Britain’s answer to Bill Gates, is missing after the Bayesian yacht sank off the coast of Sicily yesterday morning.
The businessman is among seven people missing after the £14 million yacht sank when it was hit by a violent storm at around 5am on Monday.
His teenage daughter Hannah and former lawyer Christopher Morvillo are also missing following the disaster.
Mr Lynch, 59, made headlines in recent years after HP accused him of duping them into overpaying when they bought his software startup Autonomy in 2011.
The businessman was extradited to the US last May for a trial on 15 felony counts related to the $11 billion (£8.64 billion) sale.
He was facing 25 years in prison if found guilty, but was acquitted just two months ago after more than a decade of legal wrangling.
Stephen Chamberlain, his co-defendant in the fraud trial, died on Monday after being hit by a car while out running in Cambridgeshire on Saturday.
Mr Lynch was awarded an OBE for services to enterprise in 2006, and served on the government’s council for science and technology under David Cameron in 2011.
Today’s news summary – Paper Talk
If you are someone who reads every perspective of a story, here is a news summary of all of today’s front pages from today’s newspapers; summarised in a 2-minute read
Editorial 20 August 2024.
As more details pour out regarding the luxury boat sinking off the coast of Sicily, the story has started to dominate the headlines around the world. In the UK, Tuesday’s front pages are dominated by yesterday’s news that the British tech tycoon Mike Lynch and his daughter are among the six people still missing.
There’s not much coverage of the story on the international front pages, but online – since the news of other prominent figures from banking and tech from around the world are among the missing – the story is becoming more international.
Away from the yacht sinking, a few UK papers feature showbiz and royal stories on the sidebar. A few of the papers lead on other domestic topics – mostly politics.
Last night’s Premier League draw between Leicester City and Spurs dominates the back pages.