UK tech tycoon Mike Lynch missing after yacht sinks – Newstrends
Connect with us

International

UK tech tycoon Mike Lynch missing after yacht sinks

Published

on

British tech tycoon Mike Lynch

UK tech tycoon Mike Lynch missing after yacht sinks

British tech tycoon Mike Lynch and his 18-year-old daughter are among the six people missing after a luxury yacht sank off the coast of the Italian island of Sicily in the early hours of Monday morning.

The 56m (183ft) vessel was carrying 22 people including British, American and Canadian nationals. Fifteen people were rescued, including a one-year-old British girl, and authorities are continuing their search into the night.

Local media reported the yacht, named Bayesian, capsized at about 05:00 local time after encountering a heavy storm overnight that caused waterspouts, or rotating columns of air, to appear over the sea.

Mr Lynch, known by some as “the British Bill Gates”, co-founded software company Autonomy, which was later bought by tech giant Hewlett-Packard for $11bn (£8.6bn).

READ ALSO:

Witnesses told Italian news agency Ansa that the Bayesian’s anchor was down when the storm struck, causing the mast to break and the ship to lose its balance and sink off the coast of village Porticello, near Sicilian capital Palermo.

A waterspout is similar to a tornado and can form over oceans, seas or large lakes.

Divers have identified a wreckage 50m below the water’s surface and are searching for those missing.

The director general of Sicily’s civil protection agency, Salvatore Cocina, told the BBC Mr Lynch, his daughter Hannah Lynch and the yacht’s chef were among the missing.

He said the search, involving caving and rescue diving teams, would continue overnight.

The body of one man was found outside of the wreckage. His nationality has not been confirmed.

UK tech tycoon Mike Lynch missing after yacht sinks

BBC

International

American man arrested for beating tourist to death at Ireland hotel

Published

on

American man arrested for beating tourist to death at Ireland hotel

A 30 year old American man whose name was not given by security officials, has been arrested for beating up a 60 year old tourist to death at the Ballyfin Demesne hotel in Laois, Ireland.

The Irish police force commonly known as ‘Garda Síochána’ announced that the incident occurred in the late hours of Tuesday, November 12.

Ballyfin Demesne hotel, is a popular luxury five-star hotel located in Laois, Ireland and special guests such as Kanye West, Kim Kardashian, George Clooney e.t.c had made use of the hotel in times past.

The victim was discovered unconscious in the late hours of Tuesday, November 12 and was then rushed to the hospital were he died due to severe beating inflicted on him by the culprit.

READ ALSO:

Independent local councilor James Kelly stated that nearby communities were ‘stunned’ upon learning about the incident at the renowned hotel.

He said, “There would be a lot of staff from the area and they’re totally shocked by what has happened here.

“It’s something we didn’t think we’d be waking up to this morning.”

The police also noted that a senior officer has been assigned to lead the investigation and an incident room has been set up at Portlaoise Garda Station, Ireland.

Furthermore, a family liaison officer will  be designated to assist the family of the deceased.

 

Continue Reading

International

FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

Published

on

FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

The Federal Bureau of Investigation on Wednesday carried out a raid at the home of Shayne Coplan, CEO of cryptocurrency prediction outlet Polymarket.

Authorities seized Mr Coplan’s phone during the raid, according to New York Post which first reported the incident.

Mr Coplan, 26, has been running the famous platform for bets throughout the 2024 presidential election in the United States.

READ ALSO:

It wasn’t immediately clear why the search was conducted, but Polymarket promptly said it might be due to its activities during the election. Users on the platform had correctly predicted Donald Trump was going to defeat Kamala Harris. The company paid out a substantial amount to winners following the election.

“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” a spokesperson for Polymarket said in a statement from its headquarters in New York.  “Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections.”

It was unclear whether or not the FBI would be filing charges after the raid.

 

FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

Continue Reading

International

Two dead, buildings destroyed in American factory explosion

Published

on

Two dead, buildings destroyed in American factory explosion

Two employees of Givaudan sense colour, a factory known for making colourings for beverages, located in Louisville, Kentucky, United States (US) were killed in an explosion that took place at the company’s facility.

The factory reported that the incident which took place on Tuesday, November 12 in the afternoon have also destroyed buildings around the company.

READ ALSO:

Louisville Mayor, Craig Greenberg stated that firefighters managed to rescue and evacuate numerous individuals from the site, including some who sustained life-threatening injuries.

He also confirmed that all employees present at the plant during the explosion have been accounted for.

Earlier reports indicated that at least 11 workers were hospitalized.

The cause of the explosion is still under investigation.

 

Two dead, buildings destroyed in American factory explosion

Continue Reading

Trending