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Entertainment Headlines Today
[Sat-22-Jun-2024]

"In the spiritual scheme of things, father's prayers are more powerful and authoritative than mother's prayers" - Nigerian medical doctor says - Linda Ikeji

20-Year-Old Nabbed For Abducting Five Children In Lagos - Tori

300 Arrested, 190kg Drug Seized In 11 Months ' Akwa Ibom NDLEA Commander Reveals - Information Nigeria

ABSU is one of the most lowly ranked universities in Nigeria. No high IQ required to get in - Nigerian Cambridge scholar drags ABSU graduate who slammed her for saying 98% of Nigerian men cannot be like Okonjo-Iwealas husband - Linda Ikeji

ABSU is one of the most lowly ranked universities in Nigeria. No high IQ required to get in - Nigerian Cambridge scholar drags ABSU graduate who slammed her for saying 98% of Nigerian men cannot be like Okonjo-Iwealas husband - Linda Ikeji

ABSU is one of the most lowly ranked universities in Nigeria. No high IQ required to get in - Nigerian Cambridge scholar drags ABSU graduate who slammed her for saying 98% of Nigerian men cannot be like Okonjo-Iwealas husband - Linda Ikeji

ABSU is one of the most lowly ranked universities in Nigeria. No high IQ required to get in - Nigerian Cambridge scholar drags ABSU graduate who slammed her for saying 98% of Nigerian men cannot be like Okonjo-Iwealas husband - Linda Ikeji

ABSU is one of the most lowly ranked universities in Nigeria. No high IQ required to get in - Nigerian Cambridge scholar drags ABSU graduate who slammed her for saying 98% of Nigerian men cannot be like Okonjo-Iwealas husband - Linda Ikeji

ABSU is one of the most lowly ranked universities in Nigeria. No high IQ required to get in - Nigerian Cambridge scholar drags ABSU graduate who slammed her for saying 98% of Nigerian men cannot be like Okonjo-Iwealas husband - Linda Ikeji

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Jury Finds Autonomy Founder Mike Lynch Not Guilty of Defrauding HP

Published by Slashdot on Sun, 09 Jun 2024


The BBC reports that British tech tycoon Mike Lynch "has been cleared of fraud charges he faced in the U.S. 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 in a stunning victory for Mr Lynch, who had been accused of inflating the value of Autonomy, his company, ahead of its sale. Mr Lynch, who faced more than 20 years in prison if convicted, had denied the charges and took the stand to defend himself. In his testimony, he maintained he had focused on technology not accounting, distancing himself from other executives, including the company's former chief financial officer who was already successfully prosecuted for fraud... Mr Lynch made 500m from the sale. Just a year later, HP wrote down the value of Autonomy by $8.8bn. Years of legal battles followed. The company's chief financial officer, Sushovan Hussain, was found guilty of fraud in 2018 and later sentenced to five years in prison... Mr Lynch's team pushed the argument that HP had failed to properly vet the deal and mismanaged the takeover, while he testified he was uninvolved with the transactions being described. Lynch's lawyers said the verdict "closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr Lynch. Thankfully, the truth has finally prevailed." Thanks to Slashdot reader Bruce66423 for sharing the news.Read more of this story at Slashdot.
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