Outback killer Bradley John Murdoch dies in custody
Murdoch, 67, was serving a life sentence for the murder of British backpacker Peter Falconio in 2001.
His death from throat cancer means Falconio's family may never know where the backpacker's body was dumped.
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Sydney Morning Herald
10 hours ago
- Sydney Morning Herald
Estate of tycoon who died in luxury yacht tragedy ordered to pay billions to Silicon Valley giant
Mike Lynch's estate has been effectively bankrupted after being ordered to pay more than £700 million ($1.44 billion) in a fraud case over the late British tycoon's business dealings. A High Court judge ruled that Hewlett Packard is owed almost £740 million over the fraudulent sale of Lynch's software business Autonomy in 2011. The ruling comes 11 months after Lynch and his daughter Hannah died in a freak storm that sank his Bayesian superyacht. The decision means the software boss would be expected to pass nothing to his widow and surviving daughter, unless the ruling is successfully appealed. His widow, Angela Bacares, has her own assets that are legally separate from her late husband's estate and will not be affected by the ruling. Bacares's stake in technology company Darktrace was worth more than £127 million before the business's sale last year, even after she had sold hundreds of millions of pounds of shares. Lynch sold Autonomy to HP for £7 billion in what was the biggest ever acquisition of a British technology company, but the Silicon Valley giant later accused him of fraud and sued him in the High Court. Loading He was found liable in 2022, but the long-running case was thrown into limbo by his death off the coast of Sicily in August last year. Lynch, 59, and Hannah were among seven who died when the Bayesian capsized. The software entrepreneur had been on holiday to celebrate his acquittal in a criminal trial linked to the disastrous sale of Autonomy.
The Age
10 hours ago
- The Age
Estate of tycoon who died in luxury yacht tragedy ordered to pay billions to Silicon Valley giant
Mike Lynch's estate has been effectively bankrupted after being ordered to pay more than £700 million ($1.44 billion) in a fraud case over the late British tycoon's business dealings. A High Court judge ruled that Hewlett Packard is owed almost £740 million over the fraudulent sale of Lynch's software business Autonomy in 2011. The ruling comes 11 months after Lynch and his daughter Hannah died in a freak storm that sank his Bayesian superyacht. The decision means the software boss would be expected to pass nothing to his widow and surviving daughter, unless the ruling is successfully appealed. His widow, Angela Bacares, has her own assets that are legally separate from her late husband's estate and will not be affected by the ruling. Bacares's stake in technology company Darktrace was worth more than £127 million before the business's sale last year, even after she had sold hundreds of millions of pounds of shares. Lynch sold Autonomy to HP for £7 billion in what was the biggest ever acquisition of a British technology company, but the Silicon Valley giant later accused him of fraud and sued him in the High Court. Loading He was found liable in 2022, but the long-running case was thrown into limbo by his death off the coast of Sicily in August last year. Lynch, 59, and Hannah were among seven who died when the Bayesian capsized. The software entrepreneur had been on holiday to celebrate his acquittal in a criminal trial linked to the disastrous sale of Autonomy.
Sydney Morning Herald
15 hours ago
- Sydney Morning Herald
Two sailors rescued after ‘cool, calm and collected' orcas ram yacht
Sailors encountering orcas in British waters have been warned to switch off their engines and lower their sails or risk being rammed after the animals targeted a yacht in Spain. Two sailors were saved by the Spanish coastguard after their vessel, Azurea, was targeted by the orcas off the coast of the Basque country on Monday afternoon. The French yacht was rammed about 2pm local time, two nautical miles from the Basque coastal town of Deba in northern Spain. The coastguard rescued the pair, one of whom was aged 60, after they sent out a mayday distress call. Both were taken 'safe and sound' to the port of Getaria. Rescuers said such incidents were 'uncommon' so far north in the Atlantic. While such incidents are rare in the Basque Country, they are a well-known phenomenon further south in the province of Galicia and in the 'orca alley' of the Strait of Gibraltar, where boats have been sunk. The orcas approach from the stern and hit the rudder before losing interest once they have stopped the boat in a phenomenon that scientists have struggled to fully explain. It is thought the orcas responsible for the incidents number 15 out of a pod of 50 whales. This latest incident comes in the same month that wildlife experts confirmed the first ever sighting of Iberian orcas in Cornish waters. In 2023, a killer whale barged into a fishing boat near Shetland in Scotland in what was the first and, so far, only orca attack in British waters since the phenomenon began.
