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NY Times found that an unusually tall mast, and the design changes it required, made the superyacht Bayesian, owned by a tech billionaire Michael Lynch, vulnerable. Lynch co-founded Autonomy and was celebrating his court case against HP when his yacht sank.


Actually the case that Lynch won was the US vs. Lynch criminal case. HP won their civil case against Lynch years ago (~$4 billion). The deal overall was a colossal failure by HP. The fraud was merely icing on the cake. "HP lost more than $30 billion in market capitalization during Apotheker's tenure, and on September 22, 2011, the HP Board of Directors fired him as chief executive and replaced him with fellow board member and former eBay chief Meg Whitman, with Raymond J. Lane as executive chairman. Although Apotheker served barely ten months, he received over $13 million in compensation." The Autonomy leftovers was eventually sold to OpenText. Also the previous HP CEO (Mark Hurd) went to work for Larry Ellison. He had the highest bonus for any CEO in 2008.


Was this a machine summary? Because, I mean, you realise it's not correct?




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