of fraud charges he faced in the united states. the charges related to the $11 billion sale of his software firm to hewlett—packard in 2011. erin delmore has the story. when autonomy was sold to hewlett—packard 13 years ago for $11.1 billion, it was one of the top 100 public companies in the uk. the sale marked the largest ever takeover of a british technology business. but hewlett—packard later wrote down the company's value by more than $8 billion, leading to criminal charges that mike lynch had defrauded hewlett—packard by inflating the value of autonomy. the businessman was extradited from britain to the united states to stand trial on the charges, which could have put him in prison for 25 years. now, after two days of deliberations by a jury in san francisco, he's been found not guilty on all counts. mr lynch said he is elated with today's verdict and grateful to the jury for their attention to the facts.

he thanked his legal team and he said he was looking forward to getting back to his family and his work in the uk. it's a stunning reversal for mr lynch, who has been involved in legal battles over autonomy�*ssale for more than a decade. he and autonomy�*s former finance chief lost a civil trial in the uk two years ago, which also focused on allegations that they inflated autonomy�*s revenue before the sale to hewlett—packard in 2011. workers at samsung electronics are going on strike today for the first time in the company's history. a union representing about 20% of the workforce has called the one—day protest over pay and holidays. the company is one of the world's largest maker of smartphones. mark newman is founder of an investment firm and worked at samsung for six years. he told me about what impact the strike is likely to have. i think most likely there will not be any impact. it is a fifth of the workforce. in fact, what is quite different about this as it is not a

strike as we would normally expect it in the worst as employees are using their vacation to take today off, so it's not like a strike we would normally mention it in the west. however, a large portion of the employees are planning to take this together. i would expect this has been well telegraphed and well planned out and so the company would have been able to arrange and organise a production around this, just like they do around holidays. indeed, yesterday was actually a holiday in korea, so the company keeps going on in producing chips and phones, so i doubt it will have any impact, but that will be the only thing we're looking out for today. only thing we're looking out for today-— for today. you worked at samsung _ for today. you worked at samsung before - for today. you worked at | samsung before yourself, for today. you worked at - samsung before yourself, so give us a sense of the working conditions notjust in samsung, but in south korea in general. how common is the type of action? it

how common is the type of action? , . , how common is the type of action? , ., , ., action? it is fairly uncommon. samsung. _ action? it is fairly uncommon. samsung. it — action? it is fairly uncommon. samsung, it is _ action? it is fairly uncommon. samsung, it is the _ action? it is fairly uncommon. samsung, it is the first-ever. | samsung, it is the first—ever. as you know, the union was set “p as you know, the union was set up 2020. before then, there was no union. when i worked in samsung, there was no union. it is a very hard—working company, employees work very hard, and usedit employees work very hard, and used it to work very, very long hours. these days, actually, the company is becoming much, much more lenient and ours are not as severe as what they used to be from what i hear, so actually conditions are improving quite a lot compared to say ten, 15 years ago. a british woman who claims a character in the netflix show baby reindeer is saying the company fiona harvey is seeking $170 million from the streaming giant for defamation and emotional distress. for more on

there is a correspondent in washington, dc. why is this woman suing netflix? this is all centred around one phrase at episode one in baby reindeer which said it is a true story. it is about a violent stalker called martha who assaults and harasses the protagonist of the film, a comedian and balm in london. the women in question, martha in the series was very quickly identified by people who were watching the series. they basically cross—reference details from the show and managed to track her down on social media. she is fiona harvey, a scottish lawyer living in london. she admitted she was indeed the inspiration behind this character. in the lawsuit, she says at the way she is depicted in the show is defamatory, she denies assault, she denies stocking too. i was

speaking to her lawyer a little earlier and he said he has intricate vertebral —— incontrovertible documentary evidence that fiona harvey has never been convicted of any crime in the uk, which would contradict the claim in the series that master, this character, received a 11.5 year prison sentence for stocking —— martha. they also allege any lawsuit she has suffered emotional distress from this and has received death threats and has received death threats and is now too scared to leave her house. what happens next with this? has netflix medicament? —— made a comment. netflix have not responded yet, i spoke to the lawyer a little bit earlier, who said that netflix basically will have a number of options going forward once they respond to this lawsuit. they could either dismiss it, attempt to dismiss it so it does not proceed any

further, oradmit, so it so it does not proceed any further, or admit, so they will write a check, or they will deny, which means it will then go to court. although it does say at the beginning of the show, as i mentioned... where havinu show, as i mentioned... where havin: a show, as i mentioned... where having a bit _ show, as i mentioned. .. where having a bit of— show, as i mentioned... where having a bit of problems - show, as i mentioned... where having a bit of problems with l having a bit of problems with your audio, we will have to leave it there. thank you for speaking with us. we apologise for the audio problems. shows in game stop have surged nearly 50% after stock influencer roaring kitty set up a lifetime later today. a keep player at the belly of the game stop and mean stocks. for the first time in five years, the european central bank has cut interest rates. the move was widely expected — with inflation easing in the 20 european countries that use the euro. the pandemic and russia's invasion of ukraine had a big impact on those eurozone nations, driving up

the cost of everything from food to energy. daniel murray, chief executive of efg asset management switzerland told me about how asian central banks are likely to react. i think the situation in asia is very interesting. 0bviously, different situations depending on which country you're looking at. the monetary authority of singapore for example, they usually don't set policy by interest rate but use currency is the main policy indicate that they are very happy to continue to let the currency strengthen gently and that in effect represents monetary tightening. the bank ofjapan famously hikes rates for the first time in... since 2005, just recently. and is expected to gently tighten policy progresses, although it's not certain. of course we have the bank

of china, which they hope would loosen more already. while they have done certain measures to try to support the housing market and support the economy generally, they have probably done less than some people and hope for for that it's quite a different outlook in asia depending on which country you are looking at. in the coming hours, we'll also get a rate decision from india's central bank. it's widely expected to keep the cost of borrowing on hold. the announcement comes against the backdrop of narendra modi's bjp—led alliance securing a narrower—than—expected election victory, which may slow economic reforms. archana shukla has more from mumbai. higherfood prices, a robust economic growth, and a new coalition government still under formation. there's reasons aplenty why economists feel india's central bank will leave the interest rates unchanged for eight consecutive times and cuts pushed to much later in the year. now, while inflation has eased, it was still 4.83% in april, mostly driven by stubbornly high prices of cereals, spices and vegetables.

keeping inflation higher than rbi's stated target of 4%, which is needed to pivot to a rate cut. and the rbi doesn't have compulsions, too. like other global central banks, such as in europe and canada, that are dealing with slower economic growth and have moved on to cut rates. and have moved on to cut rates ——as inflation eased. india reported an 8% plus economic expansion in the last fiscal. projections are it will grow at near 7% in the coming quarters, giving rbi enough room. besides, the new government is yet to take over, likely led by mr narendra modi in a rare third term. but his party will need allies to form the government. now, larger reforms are expected to slow down, and economists feel an alliance could push the government to spend more on welfare programmes, risking its promise of reducing the fiscal deficit. rbi's views on the new government and its fiscal

policy in the upcoming budget will be crucial to watch out for. before we go, elon musk�*s spacex rocket has made a successful test but after three previous attempts ended in error. an on—board camera showed many protective tiles peeled off before the starships smashed down in the indian ocean. that is it for this edition of business day. thanks for watching.

hello there and welcome along to sports day. i'm gavin ramjaun. super states — the usa make

it two wins out of two at cricket's t20 world cup with a stunning super over victory against pakistan. world number one iga swiatek will aim for a third consecutive french open title when she plays italy's jasmine paolini on saturday. and missing the cuts — grealish, maddison and maguire are among seven players left out of england's final euro 2024 squad. hello there and welcome along to the programme. we're only a few days into the t20 cricket world cup, but we could be looking at one of the shocks of the tournament after the co—hosts, the usa, stunned pakistan after the match went to a dramatic super over. the hosts set the tone from the off — steven taylor, taking this superb catch as they restricted pakistan to 159 for seven in their innings.

and the chase went all the way to the final ball. nitish kumar hitting a boundary to take the game to the super over, much to pakistan's frustration. and the usa went on to successfully defend 18 to win their second game of the tournament and spark wild celebrations here in dallas. we are not worried about what people are saying. we know what we have worked and what capability we have and we just focus on the particular game and we don't want to keep our emotion too high or low. we'll make sure that whatever the win today is, we will enjoy it and make sure that next day we come fresh. lam upset. we are not playing good in all departments. we are better than that in the bowling. we are not in first 6 overs, you know, taking wickets and spinner is not taking wickets, then passing on us.

and after ten overs we will come back.