By Sara Ashley O’Brien, CNN Business As Elizabeth Holmes heard in real time that a jury of eight men and four women had found her guilty on four counts of defrauding investors, the former Theranos CEO remained stoic. After the jurors were discharged, Holmes, wearing a mask and seemingly emotionless, went down the line of
Continue ReadingCNN, THERANOS, SKETCHES BY VICKY BEHRINGER By Sara Ashley O’Brien, CNN Business Elizabeth Holmes, the former CEO of Theranos who was convicted earlier this month on four out of 11 federal fraud and conspiracy charges, will not be sentenced until September 26, according to a new filing. The prosecution and defense had proposed September 12
Continue ReadingBy Samantha Murphy Kelly, CNN Business You can no longer use that old BlackBerry phone sitting at the bottom of your drawer somewhere. On Tuesday, the company will stop running support for its classic devices running BlackBerry 10, 7.1 OS and earlier. This means all of its older devices not running on Android software will
Continue ReadingCNN, CNN BUSINESS By Samantha Murphy Kelly, CNN Business You can no longer use that old BlackBerry phone sitting at the bottom of your drawer somewhere. On Tuesday, the company will stop running support for its classic devices running BlackBerry 10, 7.1 OS and earlier. This means all of its older devices not running on
Continue ReadingBy Sara Ashley O’Brien, CNN Business More than three years after Elizabeth Holmes was first indicted and nearly four months after her trial kicked off, the founder and former CEO of failed blood testing startup Theranos was found guilty on four out of 11 federal fraud and conspiracy charges. The verdict comes after a stunning
Continue ReadingBy Brian Fung, CNN AT&T and Verizon have agreed to postpone their planned rollouts of 5G infrastructure near airports by two weeks, averting — for now — feared widespread disruptions to air travel and shipping as well as a potential legal battle over the matter. Both carriers confirmed late Monday evening that they will hold
Continue ReadingCNN, CNNBUSINESS By Brian Fung, CNN AT&T and Verizon have agreed to postpone their planned rollouts of 5G infrastructure near airports by two weeks, averting — for now — feared widespread disruptions to air travel and shipping as well as a potential legal battle over the matter. Both carriers confirmed late Monday evening that they
Continue ReadingBy Rishi Iyengar, CNN Business After nearly four months of court proceedings in one of the most high-profile tech trials in recent memory, Elizabeth Holmes has been found guilty on four out of 11 federal fraud and conspiracy charges. Holmes, the former CEO and founder of failed blood testing startup Theranos, was found guilty on
Continue ReadingBy Sara Ashley O’Brien, CNN Business Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos, was found guilty on four charges of defrauding investors, capping off the stunning downfall of a former tech icon. She was found not guilty on three additional charges concerning defrauding patients and one charge of conspiracy
Continue ReadingCNN By Sara Ashley O’Brien, CNN Business Editor’s Note: The jury has now returned a verdict in the trial of Elizabeth Holmes. Read the full story here. The jury tasked with determining the fate of Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos in her criminal trial, said that it
Continue ReadingBy Donie O’Sullivan, CNN Facebook has blocked Rep. Marjorie Taylor Greene from posting on its platform for 24 hours, the Georgia Republican said Monday. The congresswoman reacted to the temporary Facebook ban through her Telegram account, writing, “Facebook has joined Twitter in censoring me.” A spokesperson for Meta, Facebook’s parent company, said Facebook removed one
Continue ReadingCNN By Donie O’Sullivan, CNN Facebook has blocked Rep. Marjorie Taylor Greene from posting on its platform for 24 hours, the Georgia Republican said Monday. The congresswoman reacted to the temporary Facebook ban through her Telegram account, writing, “Facebook has joined Twitter in censoring me.” A spokesperson for Meta, Facebook’s parent company, said Facebook removed
Continue ReadingBy Sara Ashley O’Brien, CNN Business Editor’s Note: The jury has now returned a verdict in the trial of Elizabeth Holmes. Read the full story here. The jury tasked with determining the fate of Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos in her criminal trial, said that it remains
Continue ReadingBy Samantha Kelly and Clare Duffy, CNN Business CES, typically one of the year’s biggest tech trade shows, is moving forward with plans to host an in-person component this week despite looming threats of the Omicron Covid-19 variant. Although the event will return to Las Vegas for the first time since 2020 — marking the
Continue ReadingBy Diksha Madhok, CNN Business The Indian government says it is investigating a website that purported to offer Muslim women for sale, the second time in less than a year that a fake online auction of this kind has sparked outrage in the country. The website was created on GitHub, an American coding platform which
Continue ReadingBy Samantha Murphy Kelly, CNN Business You soon won’t be able to use that old BlackBerry phone sitting at the bottom of your drawer somewhere. Starting Tuesday, January 4, the company will stop running support for its classic devices running BlackBerry 10, 7.1 OS and earlier. This means all of its older devices not running
Continue ReadingBy Jackie Wattles, CNN Business When future generations write about the history of space travel, 2021 may well get its own chapter. “The year of the billionaires,” it might be called. Jeff Bezos and Richard Branson each took supersonic joy rides to the edge of space, finally bringing their competing private-sector spacecraft into operation after
Continue ReadingBy Diksha Madhok and Jill Disis, CNN Business Chinese tech stocks got a big boost in Hong Kong on the last day of the year, but it’s far from enough to make up for what has been a historically tumultuous time for the sector. Shares in tech and internet giants Alibaba, Baidu and Bilibili —
Continue ReadingCNN, CNNBUSINESS By Diksha Madhok, CNN Business Two of the world’s biggest chipmakers are warning that Covid-19 outbreaks and stringent lockdowns in a major Chinese industrial hub are hampering their operations. Samsung and Micron said this week that they’ve had to adjust operations in the northwestern city of Xi’an, which is experiencing one of China’s
Continue ReadingBy Jennifer Korn Over 475,000 Tesla (TSLA) cars have been recalled due to technical defects that may increase the risk of accidents. Two separate recalls are in place, one regarding the rear-view camera in the Tesla Model 3 and the other involves the frunk, or front trunk, latches in the Model S. The large recall
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