HPE CEO: ‘Best interest of shareholders’ to pursue $4B damages from Lynch estate MSN Article Source http://www.msn.com/en-us/money/other/hpe-ceo-best-interest-of-shareholders-to-pursue-4b-damages-from-lynch-estate/ar-AA1qEJUi?apiversion\u003dv2\u0026noservercache\u003d1\u0026domshim\u003d1\u0026renderwebcomponents\u003d1\u0026wcseo\u003d1\u0026batchservertelemetry\u003d1\u0026noservertelemetry\u003d1
Hewlett Packard has confirmed it will continue to pursue Mike Lynch’s family for up to $4 billion as it seeks to conclude a 13-year legal battle. The Silicon Valley–based tech group has been at odds with Lynch since 2011, when its $11.7… Article Source https://fortune.com/europe/2024/09/02/hewlett-packard-mike-lynch-bereaving-family-4-billion-lawsuit/
HPE chief defends ‘difficult’ decision to pursue $4bn case against Mike Lynch estate Financial Times Article Source https://www.ft.com/content/ed11a72c-713f-4135-bc66-fddae6b6a2b1
HPE will pursue the widow of Mike Lynch for the $4 billion in damages it sought from him over the Autonomy merger following the Brit tech tycoon’s recent death in a sailing tragedy off the coast of Sicily. Lynch was cleared in June of criminal… Article Source https://www.theregister.com/2024/09/02/hpe_mike_lynch_damages/
Hewlett Packard Enterprise Co. plans to proceed with its civil lawsuit against the estate of British technology entrepreneur Mike Lynch, multiple U.K. publications reported today. Lynch perished last month when the Bayesian, a superyacht… Article Source https://siliconangle.com/2024/09/02/hpe-pursue-autonomy-damages-claim-estate-mike-lynch/
In a recent decision, a California appeals panel ruled in favor of Oracle, allowing the company to compel two employees to resolve their 7-year-old wage claims through arbitration. The panel determined that the arbitration agreements could not have been enforced earlier, thus paving the way for the resolution of the dispute through arbitration as per … Read more
Maybe Intel chief executive officer Pat Gelsinger has spent too much time at EMC and VMware. Because now Intel wants to spin out the FPGA business that is a small but bright spot in its datacenter and edge computing businesses. It never made a lot of sense that EMC, the maker of traditional storage arrays … Read more