In a saga that played out in the media, in TV shows, documentaries, and a highly publicised four-month trial, former Theranos founder Elizabeth Holmes was found guilty of fraud and conspiracy in January 2022. Today, the 38-year-old received her sentence: 11.25 years, or 135 months, in prison. Judge Edward Davila explained that Holmes’ acquittal on…
Monthly Archives: November 2022
Foxconn employees take shuttle buses to head home on October 30, 2022 in Zhengzhou, Henan Province of China. VCG / Contributor Chinese government officials are helping Foxconn recruit Communist Party members, civil servants, and military veterans amid a labor shortage, NYT reports. Hundreds of workers recently fled the iPhone manufacturer’s facilities amid a COVID outbreak….
Mortgage rates haven’t fallen by this much in one week since 1981. dszc/Getty Images The average rate for a 30-year mortgage just saw its biggest weekly drop in more than 40 years. Better-than-expected inflation news prompted the drop, which offers real savings for homebuyers. More good news on mortgage rates and inflation will be needed…
Justin Sullivan/Getty Images Disgraced Theranos founder Elizabeth Holmes has been sentenced to 11.25 years in prison with 3 years of supervised release. Once dubbed the world’s youngest self-made female billionaire, Holmes was found guilty on four counts of fraud and conspiracy in January following a four-month trial that captivated Silicon Valley. She will begin serving…
Former President Donald Trump, left, and the exterior of Trump Tower, where the Trump Organization is headquartered. Justin Sullivan/Getty Images, left. Nicolas Economou/Getty Images, right. Allen Weisselberg, Trump’s ex-CFO, has finished testifying in the Trump Org trial. The Manhattan DA’s case “has fallen apart,” Trump grumbled, meanwhile, of the “VERY UNFAIR!” case. Actually, Friday was…
President Joe Biden. Susan Walsh/AP The US’s oldest president turns 80 on Sunday, becoming the first octogenarian in the Oval Office. Biden allies say his demonstrated ability to defeat Trump can’t be overlooked. But polls show many Americans are looking for different — and younger — leadership. As his contemporaries in the House pass the…
North Korean leader Kim Jong Un walks away from an ICMB in this photo released on November 19, 2022 by North Korean state news. Reuters Kim Jong Un was seen with his wife and a young girl at a missile test on Friday. North Korean state news identified the girl as Kim’s daughter. Kim is…
When you buy through our links, Insider may earn an affiliate commission. Learn more. Lionel Messi of Argentina says 2022 will be his last World Cup tournament. Martin Dokoupil/Getty Images The 2022 FIFA World Cup will be held in Qatar from November 20 to December 18. The World Cup is a soccer tournament featuring 32…
Elizabeth Holmes, the former CEO and founder of Theranos, has been sentenced to just over 11 years in prison for defrauding the investors of her blood testing startup. The sentence comes almost a year after Holmes was found guilty on four counts of fraud following a months-long trial. In total, Holmes was sentenced to 135…
Samsung might be getting a special version of Qualcomm’s recently announced Snapdragon 8 Gen 2 chip and it might mean no more Exynos for Europeans. We’d always expected Samsung to use Qualcomm’s latest and greatest chip when the Galaxy S23 lineup arrives next year, but leaker Ice Universe suggests that there might be a surprise…