Autonomy’s former CEO, Mike Lynch, has been acquitted of fraud charges brought by HP in the US. The trial, which accused Lynch of inflating Autonomy’s value before it was acquired by HP in 2011, resulted in a unanimous jury verdict in Lynch’s favor. The acquittal marks a significant victory for Lynch, who has always maintained his innocence in the case.
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Lucid Motors’ Gravity SUV dealing with early ‘hiccups,’ interim CEO says
Lucid Motors is currently addressing quality challenges in the initial phases of delivering its much-anticipated electric SUV, as noted by interim CEO Marc Winterhoff. During a recent conference call, Winterhoff acknowledged that the company encountered technical difficulties, particularly related to software and the Gravity’s heads-up display. The focus remains on overcoming these issues to ensure a successful launch of the vehicle. Full Article
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