What's happened
Mike Lynch, the British tech entrepreneur, was found dead after his yacht capsized off Sicily during a storm. Five bodies have been recovered, including Lynch's, while his daughter remains missing. Fifteen others were rescued from the vessel, which was celebrating Lynch's recent acquittal in a fraud trial.
Why it matters
What the papers say
According to SBS, five bodies, including that of Mike Lynch, were recovered after the yacht sank during a storm. The report emphasizes the rapidity of the sinking, stating that the yacht disappeared beneath the waves in minutes. Business Insider UK corroborates this, noting that Lynch's daughter is still missing and that fifteen people were rescued, including Lynch's wife. The South China Morning Post adds that the yacht was considered one of the safest, raising questions about the circumstances leading to its sinking. Giovanni Costantino, CEO of the Italian Sea Group, suggested that human error may have contributed to the disaster, indicating a potential for further investigation into the crew's actions during the storm.
How we got here
Lynch, a prominent figure in the tech industry, was celebrating his recent acquittal from fraud charges related to the sale of his company, Autonomy. The yacht, Bayesian, sank rapidly after a storm struck while anchored near Porticello, Italy.
Common question
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Michael Richard Lynch OBE DL FRS FREng is a British entrepreneur. He is the co-founder of Autonomy Corporation and the founder of Invoke Capital, and has several other roles, including membership of the Council for Science and Technology which advises the