Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.
Category: Computers and the Internet
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Elizabeth Holmes Is Sentenced to More Than 11 Years for Fraud
The New York Times – Business: -
Chinese Government Steps In to Help Apple
The New York Times – Business:The government has sought out military veterans and Communist Party members to try to help an Apple supplier address a labor shortage at a major factory.
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Elizabeth Holmes to be Sentenced in Fraud Trial
The New York Times – Business:Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.
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World of Warcraft and Other Blizzard Games to Be Pulled From China
The New York Times – Business:Blizzard Entertainment is suspending most of its gaming services in China after failing to renew a licensing deal with NetEase, a Chinese gaming partner.
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Children’s Groups Want F.T.C. to Ban ‘Unfair’ Online Manipulation of Kids
The New York Times – Business:Children’s privacy and health experts pressed regulators to prohibit video games and social networks from using attention-hacking techniques on youngsters.
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How Sam Bankman-Fried’s FTX Crypto Empire Collapsed
The New York Times – Business:Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
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Google Agrees to $392 Million Privacy Settlement With 40 States
The New York Times – Business:Under the agreement, which state attorneys general said was the largest U.S. internet privacy settlement, Google must also make its location-tracking practices clearer to users.
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Amazon Is Said to Plan to Lay Off Approximately 10,000 Employees
The New York Times – Business:The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company’s devices organization, retail division and human resources.