Italian prosecutor opens manslaughter inquiry in Lynch yacht sinking

Italian prosecutor opens manslaughter inquiry in Lynch yacht sinking


An Italian Coast Guard vessel and rib during search operations for the luxury yacht Bayesian which sank off the coast of Porticello, Sicily, on Thursday, Aug. 22, 2024.

Bloomberg | Bloomberg | Getty Images

An Italian prosecutor has opened a manslaughter investigation into the deaths of British tech magnate Mike Lynch and six other people who were killed when a luxury yacht sank off Sicily this week.

The public prosecutor’s office of Termini Imerese, headed by Ambrogio Cartosio, announced the investigation, saying the probe was not aimed at any individual person.

Lynch’s 18-year-old daughter, Hannah, was also among those who died when the family’s 56-metre-long (184-foot) boat, the Bayesian, capsized during a fierce, pre-dawn storm on Monday off Porticello, near Palermo.

Fifteen people survived, including Lynch’s wife, whose company owned the Bayesian, and the yacht’s captain.

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy's value in an $11.7 billion sale to tech giant Hewlett Packard.

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

The captain James Cutfield and the other survivors have been questioned by the coast guard on behalf of prosecutors. None of them have commented publicly on how the ship went down.

Hannah Lynch’s body was discovered on Friday by divers who scoured the submerged vessel for the past five days. The five other dead passengers were recovered on Wednesday and Thursday, while the body of the only crew member who died, onboard chef Recaldo Thomas, was found on Monday.

The sinking has puzzled naval marine experts who say a boat like the Bayesian, built by Italian high-end yacht manufacturer Perini, should have withstood the storm and in any case should not have sunk as quickly as it did.



Source

The bubble in people searching for ‘AI bubble’ has burst — what that means for the stocks
World

The bubble in people searching for ‘AI bubble’ has burst — what that means for the stocks

Retail investors’ fear of an “AI bubble” appears to have fallen off after spiking this summer. It could mean the stocks have further to balloon before they ultimately top out. The number of U.S. and worldwide web searches for the term “AI bubble” peaked on Aug. 20 and Aug. 21, respectively, according to Google Trends […]

Read More
Lyft CEO left Microsoft in the 90s to join a tiny startup called Amazon—here’s how Jeff Bezos convinced him
World

Lyft CEO left Microsoft in the 90s to join a tiny startup called Amazon—here’s how Jeff Bezos convinced him

In 1996, David Risher told Bill Gates he was quitting his management role at Microsoft, then already one of the world’s largest companies with annual revenue of nearly $8.7 billion, to take a job at a “tiny, little bookstore online,” called Amazon. “It wasn’t an entirely rational move,” Risher, who is now CEO of Lyft, […]

Read More
Inside the uranium plant at the center of U.S. plans to expand nuclear power
World

Inside the uranium plant at the center of U.S. plans to expand nuclear power

EUNICE, NEW MEXICO — Paul Lorskulsint was a shift manager at a brand new uranium enrichment facility deep in the American Southwest when catastrophe struck Japan in 2011. A massive tsunami and earthquake had caused a severe accident at the Fukushima Daiichi Nuclear Power Plant. Thousands of miles away in Eunice, New Mexico, Lorskulsint turned […]

Read More