Lifestyle

By Sara Ashley O’Brien, CNN Business The testimony of a former Theranos lab director is set to continue Wednesday in the criminal trial of the failed blood-testing startup’s founder and former CEO, Elizabeth Holmes. It will mark the third day that jurors will hear from the man who is now known to be the first

By Rishi Iyengar, CNN Business Activision Blizzard will pay $18 million to settle a lawsuit by a US government agency alleging harassment and discrimination, the firm said Monday. The gaming company, which owns hugely popular titles such as “Call of Duty,” “World of Warcraft” and “Candy Crush,” announced it had reached a settlement agreement with

By Samantha Murphy Kelly, CNN Business Instagram is pressing pause on plans to develop a version of its service for kids under 13 after facing pressure from lawmakers to back down on the effort and new questions about the impact the photo-sharing service has on teen girls. “While we stand by the need to develop

By Sara Ashley O’Brien, CNN Business For a time, Elizabeth Holmes was a media darling. The college dropout who started her blood-testing company Theranos at 19 graced the cover of magazines such as Forbes, Fortune, and Inc. in her signature black turtleneck to help cultivate her image as “the next Steve Jobs.” She was upheld

By Rishi Iyengar, CNN Business It was an eventful week in the closely-watched trial of Elizabeth Holmes, with witnesses who included scientists, medical professionals, a patient and even the former US Secretary of Defense laying out how the promise of Holmes’ blood testing company Theranos fell apart. Here’s what you need to know. The miscarriage

By Jackie Wattles, CNN Business As Jared Isaacman and his three fellow crewmates were freeflying through Earth’s orbit, shielded from the unforgiving vacuum of space by nothing but a 13-foot-wide carbon-fiber capsule, an alarm started blaring. The SpaceX Crew Dragon spacecraft’s systems were warning the crew of a “significant” issue, Isaacman said. They’d spent months

By Clare Duffy and Evan Perez, CNN Business Huawei CFO Meng Wanzhou and the US Department of Justice on Friday entered an agreement to defer prosecution of US charges against her until late 2022, after which point the charges could be dropped. The deal, which allowed Meng to return to China, could bring to an

By Samantha Murphy Kelly, CNN Business Apple officially launched its next-generation iPhone 13 line on Friday, with four new smartphones hitting shelves and shipping to customers who secured their orders early. Last week, the company showed off its latest devices — the iPhone 13 mini, the iPhone 13, the iPhone 13 Pro and iPhone 13

By Samantha Murphy Kelly, CNN Business The latest battle in office life may be over whether or not to keep the camera on during virtual meetings. One woman who works at a New York-based nonprofit told CNN Business she received an HR complaint in August for the first time in her career because she kept

By Matt Egan, CNN Business The shortage of computer chips is raising the price of new and used cars, delaying shipments of electronics and holding back the economic recovery from the Covid-19 pandemic. “It’s a huge problem,” Commerce Secretary Gina Raimondo told CNN ahead of leading a White House meeting with manufacturers and users of

By Laura He, CNN Business Alibaba is dumping its shares in one of China’s largest TV broadcasters just months after it bought them, as the company comes under growing pressure from a government campaign to rein in Big Tech’s power and influence. Alibaba plans to sell its 5% stake in Mango Excellent Media, according to