A British tycoon who allegedly defrauded Hewlett-Packard when he sold his software company to the U.S. tech giant in 2011 has been extradited to the United States to face criminal charges. In January 2022, the then Home Secretary Priti Patel ruled Mike Lynch—who founded Autonomy in 1996—could be extradited to the United States, where he…
UK Tycoon Accused of Defrauding Hewlett-Packard has Appeal Against US Extradition Rejected
A British tycoon who allegedly defrauded Hewlett-Packard when he sold his software company to the U.S. tech giant in 2011 has failed in an appeal against his extradition to the United States. In January 2022, the then Home Secretary Priti Patel ruled Mike Lynch—who founded Autonomy in 1996—could be extradited to the United States, where…
HP Seeks to Ride Hybrid Work Boom With $1.7 Billion Poly Buyout
HP Inc. said on Monday it would buy audio and video devices maker Poly for $1.7 billion in cash as it looks to capitalise on the hybrid work led boom in demand for electronic products. Shares in HP, which expects the deal will position it for long-term growth, fell 1.4 percent in premarket trade. The…
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