Tech mogul Mike Lynch has been cleared of any wrongdoing in the multi-billion dollar sale of Autonomy to HP. The UK’s Serious Fraud Office found no evidence of criminality in the deal. Lynch has maintained his innocence throughout the investigation.
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Navitas (NVTS) Q2 Revenue Drops 29%
Navitas Semiconductor (NASDAQ:NVTS) reported Q2 2025 results with GAAP revenue of $14.5 million, a 29.3% decline year-over-year, while non-GAAP operating loss improved to $10.6 million. Despite a GAAP net loss per share of $(0.25) exceeding estimates, the company has $161.2 million in cash following a $100 million capital raise, focusing on AI data centers and energy infrastructure. Want More Context? 🔎
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