-
Elizabeth Holmes Requests Leniency for Theranos Crimes
Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company.
-
Elizabeth Holmes Seeks New Trial, Cites Key Witness' Regrets
Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her conviction for investor fraud and conspiracy related to her failed blood-testing startup.
-
Former Theranos Executive Sunny Balwani Convicted of Fraud
A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.
-
Calif. Utility Pleading Guilty in Wildfire Deaths
Pacific Gas & Electric will plead guilty to 84 counts of involuntary manslaughter for a swath of death and destruction left behind after its fraying electrical grid ignited a 2018 wildfire that decimated three Northern California towns and drove the nation’s largest utility into bankruptcy.
-
Memos: Facebook Allowed ‘Friendly Fraud' to Profit From Kids
Newly released court documents reveal that Facebook allowed children to ring up huge bills on digital games while the company rejected recommendations on addressing what it dubbed “friendly fraud.”
-
Netflix Raising Prices for 58M US Subscribers as Costs Rise
Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago. Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan...
Your search for "Author: "Michael Liedtke"" returned 6 results.