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ACE Yacht – Splendid $160 M Superyacht

The ACE yacht was launched by Lürssen in 2012.

The 87m(285.4ft) superyacht is currently for sale at $160,000,000 after being used exclusively by the owner.

The unconventional design of the boat has brought great pleasure to guests and crew alike and features many toys and tenders to make the yachting experience memorable.

The boat has a running cost of $10-$15 million per year and is the 32nd largest boat built by Lürssen.

ACE yacht interior

The ACE yacht was closely influenced by the requirements of Yuriy Kosiuk to be a family-orientated yacht.

With his guidance, Winch Design took the unconventional designs of the owner to create an interior that aimed at having a good time with family and making life onboard work better.

To achieve this, the traditional layout of a superyacht was reorganized.

Several changes were made, including placing the owner’s suite facing aft and not upfront, allowing the owner privacy and panoramic views of the ocean.

The crew deck was built on the main deck, with sliding doors on the side deck to give them air, create happy working conditions, and attract the best crew.

The interior includes ten guests in 5 rooms and accommodation for 30 crew. The interior reflects a contemporary grand hotel with a light and fresh feel.

There is a Roman villa-inspired spa on the lower deck, a Russian tearoom, and a nightclub on the upper deck.

The main deck has a gym, and cinema and is large compared to the owner’s deck to allow more space for family fun.

The exterior features unique sweeping arches that appear wave-like on the haunches of the superstructure.

The superstructure is aluminum, and the hull is steel. ACE is a Lürssen construction designed by Winch Design.

The exterior reflects a seamless transition between the interior and exterior. The arches on the ACE yacht are meant to show the “fantastic power of a wave,” reflecting the passion and enthusiasm of the owner. ACE has several toys to aid in the fun of the family and the guests.

Specifications

With a length of 87m(285.4ft), the ACE yacht displaces 2732GT. The boat has a beam of 4.5m(47.6ft) and a draft of 3.75m(12.3ft).

Her 2 MTU engines give her a top speed of 16.5kn and a cruising speed of 14kn. The yacht has a range of 6500nm.

The boat features Quantum XT Zero stabilizers that afford a comfortable experience aboard ACE. She was built to Lloyd’s 100A1 specifications. The boat was built in 2012 and refitted in 2018.

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ACE, a 44.27 m Motor Yacht built in Poland and delivered in 2022, is the flagship of Conrad . She is one of 3 C144S models.

Her top speed is 13.8 kn, her cruising speed is 11.0 kn, and she boasts a maximum cruising range of 5100.0 nm at 10.0 kn, with power coming from two Caterpillar diesel engines. She can accommodate up to 10 guests in 5 staterooms, with 9 crew members waiting on their every need. She has a gross tonnage of 497.0 GT and a 8.9 m beam.

She was designed by Reymond Langton Design , who has designed 23 other superyachts in the BOAT Pro database.

The naval architecture was developed by Diana Yacht Design , who has architected 83 other superyachts in the BOAT Pro database, and the interior of the yacht was designed by M2 Atelier , who has 3 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

ACE is in the top 30% by LOA in the world. She is one of 611 motor yachts in the 40-45m size range, and, compared to similarly sized motor yachts, her volume is 113.28 GT above the average.

ACE is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1414 yachts registered. She is known to be an active superyacht and has most recently been spotted cruising near Greece. For more information regarding ACE's movements, find out more about BOATPro AIS .

Specifications

• Yacht Type: Motor Yacht
• Yacht Subtype: Displacement
• Model: C144S
• Builder: Conrad
• Naval Architect: Diana Yacht Design
• Exterior Designer: Reymond Langton Design
• Interior Designer: M2 Atelier

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ACE Specifications

Lurssen ACE Built by Moran Yacht & Ship

This stunning 285′ (87m) vessel was built by Lurssen, with the complete build process overseen by Moran Yacht & Ship.

Launched in July 2012, this 285 Ft. (87m) luxury motor yacht features accommodations for 12 guests in 6 spectacular staterooms. Her unique lines and beautiful interior were both created by Andrew Winch Designs.

Assembled by the venerable Alfred Loher of Munich, Germany, ACE’s interior has many unique features. She has one of the most luxurious spas that have ever been built into a yacht. The spa includes a hamman, Russian Banyan, massage room, plunge pool and a huge Roman styled Jacuzzi. Other amenities include a full beach club, full gym, discotheque, movie theater, a full array of toys and tenders and helicopter landing capabilities.

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(built as Ace)

The 85-metre yacht EYE (built as ACE) is geared towards family life. The onboard experience is centred around the upper deck as the main social gathering space, with circulation intelligently designed to facilitate smooth service while preserving the privacy of owner and guests. Andrew Winch also gave EYE a very unusual profile: the two "eyes" are both a design feature as well as a sheltered balcony. The interior, also by Andrew Winch, is a glamorous escape with no compromise. EYE is a truly bespoke yacht that defies design convention and symbolises engineering excellence.

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Maker of bayesian yacht blames crew for ‘indescribable, unreasonable errors’ in doomed vessel’s sinking.

The CEO of the company that built the $40 million yacht that sank off the coast of Sicily this week has blamed the crew for the tragedy — saying they had 16 minutes and could have easily saved the seven who died.

“The boat suffered a series of indescribable, unreasonable errors,” Giovanni Costantino, CEO of the Italian Sea Group, told Reuters of the Bayesian sinking Monday, killing seven of the 22 onboard.

“The impossible happened on that boat … but it went down because it took on water. From where, the investigators will tell,” he said.

Blaming the crew for the “incredible mistake” of not being prepared for the storm, he said: “This is the mistake that cries out for vengeance.”

Costantino, whose company includes Perini Navi, the Italian high-end yacht maker that built the 183-foot superyacht in 2008, staunchly defended its construction — saying it had survived far more extreme storms during 22 years of trouble-free navigation.

Instead, he expressed horror that the crew was unable to save the seven who died — including the Bayesian’s owner, British tech tycoon Mike Lynch, and his 18-year-old daughter, Hannah.

He said the crew had a 16-minute window before the craft sank — plenty of time to get everyone to safety.

“The torture lasted 16 minutes,” he told the Financial Times.

“It went down, not in one minute as some scientists have said. It went down in 16 minutes. You can see it from the charts, from the AIS [Automatic Identification System] tracking chart,” he said.

Additionally, doors and hatches should have been closed, and the keel should have been lowered to increase stability, among other safety measures, Costantino said.

Had correct procedures been followed, all passengers would have gone back to sleep after one hour, “and the next morning they would have happily resumed their wonderful cruise,” he added.

“The captain should have prepared the boat and put it in a state of alert and of safety.”

“Ask yourself — why were none of the Porticello fishermen out that night? A fisherman checks the conditions and a ship doesn’t? The disturbance was completely readable on all the weather maps. It was impossible not to know,” he said.

What to know after a tornado sank the yacht Bayesian off the coast of Sicily:

• A superyacht capsized off the coast of Sicily after a tornado hit the area early Monday, killing seven passengers.
• British tech tycoon Mike Lynch was identified as one of the bodies pulled from the wreckage. His teenage daughter, Hannah, was the final one to be recovered.
• Lynch — known as “Britain’s Bill Gates” — had invited guests from Clifford Chance, a legal firm that represented him, and Invoke Capital, his own company, on the voyage,  according to the Telegraph . 
• Security camera footage shot from 650 feet from where the  Bayesian sank Monday  shows it disappearing.
• A rare and unexpected “black swan” weather event may have led to the  Bayesian’s speedy demise , maritime experts say.

Bayesian had 22 people on board — 12 passengers and 10 crew — when it capsized and sank during a storm while anchored off the coast of northern Sicily.

Of those on board, 15 people — including Lynch’s wife, Angela Bacares — were rescued after escaping onto a lifeboat. 

Rescue divers located Lynch’s teen daughter Friday, the final missing person, the Italian coast guard said.   

The bodies of the other dead passengers, including Lynch and New York attorney Christopher Morvillo, were recovered Wednesday and Thursday from inside the hull of the sunken yacht. Those on board were there to help Lynch celebrate his recent acquittal in a major US fraud trial. 

Meanwhile, Italian authorities launched a manslaughter investigation into what downed the $40 million yacht after it was struck by an intense storm early Monday, local media reported.

The Prosecutor’s Office of Termini Imerese had started making inquiries and was looking at a slew of offenses — including “shipwreck and multiple counts of culpable homicide against an unknown person,” sources told Palermo Today.

With Post wires

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Weeks Before Mike Lynch Died in Yacht Sinking, He Spoke About Making the Most of 'Second Life'

Lynch was looking forward to "making up for lost time" with his family, a reporter who spoke to the businessman about his acquittal tells PEOPLE

Simon Dawson/Bloomberg via Getty

British tech entrepreneur Mike Lynch spoke about having a new lease on life and how he was looking forward to spending time with his family in the weeks before his death, according to a journalist who spoke with Lynch about his life after being acquitted of fraud.

On Thursday, Aug. 22, an Italian government official said Lynch's body had been retrieved  from the luxury yacht that sank off the coast of Sicily  days earlier, while his family and friends were celebrating his legal victory.

PEOPLE previously reported that  five bodies had been found  in the days after the  Bayesian  went into the water.

Although the Italian coast guard has not formally identified the bodies that have been recovered, an official with the Italian interior ministry,  confirmed to Reuters  that Lynch was one of the victim's found while his  daughter Hannah remained missing .

The father-daughter pair had been among six passengers missing in the aftermath of the sinking, while Lynch's wife, Angela Bacares, was one of 15 people who were rescued.

The remaining victims reported as missing were Christopher Morvillo , a New York City attorney, his wife, jewelry designer Neda Morvillo; as well as Chairman of Morgan Stanley International Jonathan Bloomer, and his wife, Judy .

The body of victim, identified as chef Recaldo Thomas , was recovered shortly after the yacht went down.

In the weeks before the ill-fated trip, Lynch's life changed after being acquitted of multiple fraud and conspiracy charges following a lengthy legal battle.

Speaking with The Sunday Times in an interview that was published on July 27, the father of two said that when the verdict came in, it felt like he had been given a "second life."

But, he added, "The question is, what do you want to do with it?”

Chris Ratcliffe/Bloomberg via Getty

In 2018, federal prosecutors in California indicted Lynch on several counts of securities fraud and conspiracy, per the  Associated Press  and the  BBC . The indictment related to the 2011 sale of Autonomy, a business software company he founded, for $11 billion to Hewlett Packard, per the AP.

At the time, the sale made him one of the richest people in the U.K., according to CBS News .

Lynch, who faced spending up to 25 years in U.S. prison, spent years fighting extradition, according to the BBC. Last May, he was finally extradited from Britain and then spent 13 months under house arrest while waiting for the trial to begin, per The Sunday Times .

“If this had gone the wrong way, it would have been the end of life as I have known it in any sense," Lynch told the outlet , noting at another point that he also had "various medical things that would have made it difficult to survive."

The trial began in 2024 and in June, he was acquitted on all 15 counts.

As he wondered what he would do with his freedom, he even told the newspaper he was interested in creating a British equivalent to the American nonprofit the Innocence Project .

Graham Barclay/Bloomberg via Getty

Speaking with PEOPLE before Lynch's body was recovered, Danny Fortson — who interviewed Lynch for the  The Sunday Times  — said that he felt the businessman was "excited and very thankful," but also still "struggling to accept" his new reality after such a sudden change.

He was also looking forward to "making up for lost time" with his family.

"This case, especially as it got closer to trial, became all-encompassing and so he missed out on a lot of stuff with his daughters," the journalist added.

Never miss a story — sign up for  PEOPLE's free daily newsletter  to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.

According to The Sunday Times , Hannah was set to study poetry at Oxford while her older sister, 21, was studying physics at Imperial College, just like her father.

Hannah's disappearance left her former school Latymer Upper School in London "incredibly shocked."

In a statement obtained by PEOPLE before her body was found, a spokesperson said, "our thoughts are with their family and everyone involved as we await further updates."

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Ace Specifications

• Model Custom
• Flag Cayman Islands
• Class Lloyds +100A1, SSC Yacht (P)MONO, G6
• Hull NB 13665
• Hull Colour -
• Naval Architect Lurssen Yachts
• Exterior Designer Winch Design
• Interior Designer Winch Design
• Length Overall 85.0m
• Length at Waterline -
• Draft (min) -
• Draft (max) 3.9m
• Gross Tonnage 2732
• Cabins Total 5
• Hull Configuration Displacement
• Hull Material Steel
• Superstructure -
• Deck Material Teak
• Fuel Type Diesel
• Manufacturer MTU
• Model 16V 4000 M61
• Power 2700 hp / 2000 kW
• Total Power 2700 hp / 2000 kW
• Propulsion Twin Screw
• Max Speed 17 Kn
• Cruising Speed 12 Kn
• Fuel Capacity 205000
• Water Capacity 43000
• Generator -
• Stabilizers -
• Thrusters -
• Amenities Beauty Salon, Helicopter Landing Pad, At anchor Stabilizers , Beach Club, Swimming Pool, Jacuzzi (on deck), Sauna, Spa, Gym, Movie Theatre
• Yacht Builder Lurssen Yachts View profile
• Naval Architect Lurssen Yachts View profile
• Exterior Designer Winch Design View profile
• Interior Designer Winch Design View profile

Yacht Specs

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Seven bodies recovered from the superyacht that sunk off the Sicilian coast

Dive teams in Sicily on Thursday brought to shore the body of Mike Lynch, the British tech tycoon and owner of the sunken luxury yacht.

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Yacht Sank in Sicily Due to ‘Endless Chain of Errors,' Ship Maker's Owner Speculates: ‘Everything Was Predictable’

"A series of activities should have been done to avoid finding oneself in that situation," argues Giovanni Costantino, who owns the firm that built the vessel in 2008

PERINI NAVI PRESS OFFICE/HANDOUT/EPA-EFE/Shutterstock

Giovanni Costantino — who is the CEO of The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — blames an "endless chain of errors" for the luxury yacht’s sinking on Monday, Aug. 19

"Everything was predictable. I have the weather charts in front of me here," Constantino told Italian newspaper  Corriere della Sera  of the storm the boat was caught in

"An unsinkable ship but from the crew an endless chain of errors," the CEO claimed to the outlet

The sinking of the luxury Bayesian  yacht off the coast of Sicily this week  resulted from an "endless chain of errors" by the crew, the ship maker's CEO is speculating.

"This episode sounds like an unbelievable story, both technically and as a fact," Giovanni Costantino — who leads The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — said,  according to CNN .

While speaking to  Italian newspaper  Corriere della Sera , Costantino said he believes those on board should not have been in their cabins, as he claims they were, when the Bayesian sank in the early hours of Monday, Aug. 19.

Many details of why the yacht went into the water so quickly remain unclear and it's not yet known what the passengers and crew were doing before tragedy struck.

The 183-foot British vessel sank around 5 a.m. local time on Monday after a "violent storm" while near Porticello, the Italian coast guard said in a statement that was previously obtained by PEOPLE.

"Everything that has been done reveals a very long sum of errors. The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?" Costantino said in his interview, translated from Italian.

Related: Italian Authorities Currently Don’t Have Anyone ‘Under Investigation’ over Luxury Yacht Sinking

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly. It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly ... Ask yourself, why was no fisherman from Porticello out that night? A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts. One could not not know," he argued.

"An unsinkable ship but from the crew an endless chain of errors," the CEO asserted.

The coast guard has said 22 people were aboard the  Bayesian  when it sank — 12 passengers and 10 crew — and that 15 of those were subsequently rescued.

The body of the yacht's chef, Recaldo Thomas, was recovered nearby.

ALBERTO PIZZOLI/AFP via Getty

Costantino's comments came as it was reported that five bodies had been found in the search for the missing six people as of Wednesday, Aug. 21, a source close to the rescue operations confirmed to PEOPLE. Authorities have said that their work is ongoing.

An Italian government official, Massimo Mariani, reportedly named one of the dead as British tech tycoon Mike Lynch . The other bodies have not yet been publicly identified by authorities.

Lynch was celebrating with family and friends on the yacht following his acquittal in a fraud trial in June, PEOPLE previously reported.

Related: 'We Are in Shock,' Prominent N.Y.C. Attorney's Firm Says After He and His Wife Go Missing in Yacht Sinking

Costantino offered his view of how the tragedy could have been avoided: "To begin with, in a weather alert situation it was inappropriate to have, as I read, a party. Not that evening. The hull and deck needed to be secured by closing all doors and hatches, after putting the guests at the ship's meeting point as per emergency procedure. Then start the engines and pull up the anchor or release it automatically, put the bow to the wind and lower the keel.

"The next morning they would have departed with zero damage." 

Jonathan Brady/PA Images via Getty

When discussing whether the crew were at fault, Costantino reiterated to the Italian outlet that he believes "errors were made."

"A series of activities should have been done to avoid finding oneself in that situation," he said. "I as the ship's captain would have moved, but even if for some reason I had to stay there, I would have managed those weather conditions which then, let's face it, weren't so crazy."

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Costantino contended that there would have been "a zero risk if the correct maneuvers had been made and if situations that compromised the ship's stability had not occurred," adding to the newspaper that reports that the boat went down in seconds is "nonsense." He believes the yacht would have "went down" after water "started to enter" within "six minutes."

The remaining missing  Bayesian  passengers are Lynch's daughter Hannah as well as Chairman of Morgan Stanley International  Jonathan Bloomer, his wife, Judy , and New York City-based lawyer  Christopher Morvillo and his wife, Neda , sources have said.

Lynch's wife, Angela Bacares, was among those rescued, PEOPLE previously reported.

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Read the original article on People .

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Body of British tech magnate Mike Lynch is among those recovered from yacht wreckage, officials say

PORTICELLO, Sicily -- The Italian coast guard said Thursday the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called unsinkable.

One woman remains missing. She has not been identified, but Hannah Lynch, Lynch's 18-year-old daughter, is reportedly unaccounted for. The family had been celebrating his recent acquittal on fraud charges with the people who defended him at trial in the United States.

Five others were recovered by rescue crews following Monday's tragedy.

The Bayesian, a 56-meter (184-foot) British-flagged yacht, went down in a storm early Monday as it was moored about a kilometer (half a mile) offshore. Civil protection officials said they believe the ship was struck by a tornado over the water, known as a waterspout, and sank quickly.

Termini Imerese Public Prosecutor's Office investigators were collecting evidence for a criminal investigation, which they opened immediately after the tragedy despite no formal suspects having been publicly identified.

The chief executive of The Italian Sea Group, which owns the Bayesian's manufacturer, told AP in an interview on Thursday that superyachts like these are "designed to be unsinkable."

"And it is unsinkable not only because it is designed in this way, but also because it is a sailing ship and sailing ships are the safest ever," CEO Giovanni Costantino said.

Costantino added that "obviously they must not hit the rocks violently, discarding the hull, and they must not take in water," suggesting the second possibility was the most likely in this case.

Investigators are now looking at why the Bayesian, built in 2008 by Italian shipyard Perini Navi, sank while a nearby sailboat remained largely unscathed. Fifteen of the 22 people aboard survived by escaping in a lifeboat, including a mother who reported holding her 1-year-old baby over the waves to save her. They were rescued by the sailboat Sir Robert Baden Powell.

The sailboat's captain, Karsten Borner, said his craft sustained minimal damage - the frame of a sun awning broke - even with winds that he estimated had reached 12 on the Beaufort wind scale, the highest hurricane-strength force on the scale.

He said he had remained anchored with his engines running to try to maintain the ship's position as the forecast storm rolled in.

"Another possibility is to heave anchor before the storm and to run downwind at open sea," Borner said in a text message. But he said that might not have been possible for the Bayesian, given its 75-meter (246-foot) tall mast.

"If there was a stability problem, caused by the extremely tall mast, it would not have been better at open sea," he said.

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Lynch is the only person confirmed dead; the other bodies have not been formally identified by the Italian coast guard.

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Exiled russian oligarch’s 257’ superyacht amaryllis seen towed through palm beach.

The Amaryllis being towed past the former mansion of Henry Flagler, built in 1902

By John Jannarone and Alan Hatfield

The 257’ superyacht Amaryllis apparently owned by exiled Russian oligarch Andrey Borodin was towed past Palm Beach, FL on Friday morning, according to a visual account by CorpGov .

The yacht, whose owner is frequently cited as Mr. Borodin by enthusiast publications, moved slowly through the Lake Worth lagoon where bridges were raised for its passage. A towboat with flashing lights about 150 feet ahead pulled the Amaryllis , built by German shipyard Abeking & Rasmussen in 2011.

While CorpGov could not officially confirm Mr. Borodin as the owner of the vessel, his wife, socialite Tatiana Korsakova, has posted dozens of Instagram photos and videos aboard the Amaryllis. A yacht broker interviewed by CorpGov confirmed that Ms. Korsakova is indeed aboard the Amaryllis in the photos and videos.

View this post on Instagram A post shared by Tatiana Korsakova (@tati_vk)

The sighting comes as billions of dollars in Russian-owned yachts have been seized around the world as a result of international sanctions. CNN has published an extensive list of seized vessels, which were taken in harbor cities including Mallorca, Spain and London.

However, it is unclear if the Amaryllis was being seized or voluntarily towed. Very large yachts often choose to be towed because bridges are required to raise for them, according to the yacht broker.

The former Bank of Moscow chief was granted political asylum in the UK in February 2013 after fleeing what he alleged to be politically-motivated fraud and embezzlement charges. Mr. Borodin would go on to be tried and convicted in abstentia in Russian Court in 2018, but not before managing to enlist a number of prominent American lawmakers to lobby Washington for a U.S. visa. Despite Russian extradition requests to the UK government, Borodin’s controversial attempts to make large donations to the NHS, and the uncovering of an assassination plot against his life, the fugitive banker remains overseas, having been granted access to his Swiss bank accounts and having made several notable London real estate purchases during his time in exile.

Mr. Borodin is widely listed as a billionaire, but his total wealth remains difficult to confirm accurately, with the governments of Switzerland and the Bahamas having been asked to help the Russian government in its legal case. In 2012, Borodin purchased the UK’s then-most expensive home, an 80-hectare 18th-century estate in Oxfordshire, for upwards of $217 million. In 2017 he was granted access to personal Swiss accounts holding a reported $378 million. The Amaryllis was purchased for a reported $120 million.

Mr. Borodin did not immediately respond to an emailed query from CorpGov , while the FBI declined to comment. An emailed query to The Department of Homeland Security was not returned.

www.CorpGov.com

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Twitter: CorpGovernor

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Mike Lynch death: Tributes flow for Autonomy cofounder and ‘creator of dreams’

It has now been confirmed that Mike Lynch, one of the most prominent and controversial figures in the U.K. tech scene, died in the sinking of his superyacht off Sicily on Monday. At least five others also died when the vessel capsized in a violent storm; Lynch’s teenage daughter Hannah remains missing.

I encourage you to read my colleague Ryan Hogg’s obituary of Lynch , who I was writing about just a couple weeks ago in the context of his legal travails. Following a lengthy extradition drama, Lynch, 59, was acquitted in June of criminal fraud charges relating to the sale of his data software firm Autonomy to Hewlett-Packard in 2011. Indeed, his fateful trip with family, friends and lawyers was reportedly a celebration of that victory.

Morgan Stanley International chair Jonathan Bloomer, who had chaired Autonomy’s audit committee during the HP sale, and who testified in Lynch’s defense, also died in the sinking of the Bayesian. In a grotesque coincidence, Lynch’s also-acquitted codefendant in the U.S. trial, former Autonomy finance VP Stephen Chamberlain, was fatally struck by a car while jogging in England on Saturday.

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“We’re saddened by this tragic event and our thoughts are with the families and friends of all those who lost their lives,” said an HPE spokesman, while declining to comment on the future of the legal proceedings.

Friends say Lynch had been at the “beginning of a new life” following his U.S. acquittal, and many tributes followed the confirmation of his passing.

“The world has lost a genius. His family have lost a giant of a man,” said Autonomy cofounder David Tabizel.

“Mike Lynch should be remembered as the person who catalyzed a breed of deep tech entrepreneurs in the U.K.,” said John Browne, the former BP CEO and the chair of the Francis Crick Institute, a biomedical research center for which Lynch once helped to raise funds. “His ideas and his personal vision were a powerful contribution to science and technology in both Britain and globally. I send my condolences to those close to him. We have lost a human being of great ability.”

David Yelland, the former editor of The Sun and Lynch’s public relations advisor, said Lynch was “failed in life by his country and his peers when he needed them most—as he looked for help in the unjust U.S. demand that he be extradited—and he has then suffered the most unfair and brutal of fates.”

“I was in touch with Mike just before he sailed,” Yelland wrote on X . “He wasn’t a mere dreamer of dreams, he was a creator of dreams not just for himself but for all those that knew him, worked with him or invested with him.”

Lynch was a fellow of the Royal Academy of Engineering, the board of which said it was “deeply saddened” to hear of his death. A spokesperson from industry body TechUK told the Evening Standard that Lynch had been “a hugely significant and pioneering figure in the U.K. technology sector.”

More news below. And do read my colleague Eleanor Pringle’s piece on X’s true owners , whose identities have just been revealed in the context of a lawsuit by former employees. Bill Ackman is no surprise, but the same can’t be said for Diddy.

David Meyer

Want to send thoughts or suggestions to Data Sheet? Drop a line  here .

Walmart sells JD.com stake. Walmart has sold its entire $3.7 billion stake in the Chinese e-commerce giant JD.com and says it will focus on its own Chinese operations now. As Reuters reports , the move may have something to do with how the ultra-competitive nature of Chinese e-commerce squeezes profit margins. Walmart has in recent years been pulling out of a few international markets where it can’t turn a decent profit.

Head-to-head spectacle. The second half of next month will see the unveiling of not one but two big plays in the augmented reality glasses space, The Verge reports . Snap will apparently show off the fifth generation of its Spectacles on Sept. 17, with Mark Zuckerberg revealing Meta’s entry into the AR specs business the following week. Meta’s effort is code-named Orion.

Google targeting teens. Not long after the Financial Times reported that Google broke its own rules by letting Meta target teens with its YouTube ads, Adweek reports that this was no one-off. Citing three ad buyers, plus written documentation, the publication says Google’s salespeople have been advising ad buyers on how to reach teenagers despite the fact that Google doesn’t allow targeting that age group. The key, it seems, is to target the cohort of “unknown” users, about whom Google doesn’t know age or other details, as teens are probably included in the group. Google says it will remind its reps not to help agencies and advertisers skirt the company’s rules.

SIGNIFICANT FIGURES

—The estimated number of trees felled to make space for Tesla’s gigafactory outside Berlin. That’s according to environmental intelligence company Kayrros; many environmental campaigners oppose the plant.

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Taxpayers and tech companies will help fund journalism and AI research in landmark California deal , by the Associated Press

BEFORE YOU GO

Plans laid for new streamer. There’s reportedly going to be a new streaming service in town, coming from…Chick-fil-A? According to Deadline , the fast-food company has been talking to big production companies about the creation of original, family-friendly content, with a tilt towards reality TV. The publication notes that Chick-fil-A has made content for its own website before, but this would be something else—and it could be a boon for the ailing reality TV sector.

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