Ukraine urges evacuations as Russia claims gains
Ukraine urged civilians near the northeastern front line to evacuate on Thursday as Russia ramped up an assault to capture the territory already...
2023-08-10 21:50
Still Cruising: Tom premiers new 'Mission Impossible' adventure in Abu Dhabi
Tom Cruise has graced the red carpet in Abu Dhabi for the Middle Eastern premier of “Mission: Impossible — Dead Reckoning Part One.”
2023-06-27 05:29
In Australian defamation court, a proxy 'war crimes trial' nears judgement
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Australia Needs to Boost Sustainable Financing for Net Zero Goal
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Japan to give $10 million aid to Gaza civilians - foreign minister
By John Geddie TOKYO (Reuters) -Japan will provide $10 million in emergency aid for civilians in Gaza, foreign minister Yoko
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Things to know about the resignation of a Kansas police chief who led a raid on a small newspaper
It took only a week for the central Kansas police chief who led an August raid on the local newspaper to go from looking like he had enough support at city hall to keep his job to resigning
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Elizabeth Holmes surrenders to federal prison in Texas to begin 11-year sentence for Theranos scandal
Elizabeth Holmes has surrendered to a federal prison in Texas to begin her 11-year sentence over the Theranos scandal which rocked the high-flying tech world of Silicon Valley. The 39-year-old disgraced tech entrepreneur reported to Bryan, the minimum-security federal prison camp in Texas, on Tuesday after exhausting all remaining legal avenues to cling onto her freedom. Holmes was convicted in January 2022 of four counts of fraud and conspiracy for lying about the capabilities pf her biotech company’s blood testing technology and conning investors out of millions of dollars. She was sentenced to 11 years and three months in prison and ordered to pay $452m in restitution to investors – including $125m to media mogul Rupert Murdoch. Holmes had been given until 2pm local time to surrender to the prison camp where she will see out her 11-year sentence surrounded by other white-collar, non-violent female offenders. Her two children – two-year-old William and three-month-old Invicta – will be allowed to visit their mother in the facility. The prison camp, which runs a work-focused program where all inmates are required to hold a job for at least 90 days, is a marked difference from Holmes’ life years earlier when she was seen as the darling of Silicon Valley. The saga began two decades ago when Holmes dropped out of Stanford University in 2003 at the age of 19 to found Theranos. The blood lab company aimed to develop medical devices that could diagnose hundreds of diseases and medical conditions with just a pinprick of blood. Over the next 10 years, Theranos boasted about its capabilities to transform the healthcare industry and grew to a value of $9bn, attracting investments from the likes of Murdoch, former Education Secretary Betsy DeVos and the heirs to the Walmart fortune. The company amassed an influential board of directors including former presidential cabinet members George Shultz, Henry Kissinger and James Mattis. Holmes, meanwhile, was catapulted onto magazine covers and became heralded as the next Steve Jobs while her personal fortune reached $4.5bn. But the technology didn’t do close to what Holmes claimed it could. In 2018, Holmes – Theranos CEO and founder – and Ramesh “Sunny” Balwani – Theranos chief operating officer and Holmes’ live-in romantic partner – were both indicted on fraud charges and the company was dissolved. She was allowed out on bail and while awaiting trial – which was stalled due to the Covid-19 pandemic – Holmes became pregnant with her first child with her partner, hotel boss Billy Evans. She became pregnant with her second child following her conviction. During her trial, Holmes sought to paint a picture that she had simply been under the control of Balwani, 57, and that she never intended to mislead investors about the technology’s capabilities. The jury didn’t buy it and she was convicted of four counts, which could have landed her with up to 20 years’ prison time. Balwani was also convicted of 12 counts of fraud and conspiracy at his trial and was sentenced to 13 years in federal prison. He began serving his sentence in Southern California last month. Since her conviction, Holmes has fought to stay out of prison claiming that she was treated unfairly by prosecutors during trial and that she should be allowed to remain out of prison while she appeals the conviction. An appeals court denied her request and said she must report to prison where she can continue to appeal her conviction behind bars. She asked the judge that she be allowed to remain free through Memorial Day weekend so that she could sort out childcare for her two children, before surrendering to authorities on 30 May. Weeks before beginning her sentence, Holmes admitted that she had made “many mistakes” in a new interview with The New York Times. “I made so many mistakes and there was so much I didn’t know and understand, and I feel like when you do it wrong, it’s like you really internalise it in a deep way,” she said. Read More Elizabeth Holmes news – latest: Theranos founder to surrender to Texas prison today to begin 11-year sentence As Elizabeth Holmes heads to prison for fraud, questions remain about her motives Elizabeth Holmes requests May 30 as new date to report to prison after losing her bid to remain free
2023-05-31 01:47
25 Republican attorneys general urge Biden to drop EPA emissions plan
WASHINGTON A group of 25 Republican state attorneys general Thursday urged the Biden administration to abandon its proposal
2023-07-07 01:46
Ukraine Recap: Lukashenko Jokes About Wagner Going Into Poland
Russian President Vladimir Putin met in St. Petersburg with his Belarusian counterpart Alexander Lukashenko. In comments broadcast on
2023-07-23 19:16
González, Gotham win NWSL championship after Megan Rapinoe's career ends with an injury
World Cup winner Esther González scored the go-ahead goal on a header in first-half stoppage time and Gotham FC survived a wild finish to beat OL Reign 2-1 in a National Women’s Soccer League championship match that was in its first few minutes when Megan Rapinoe hobbled off the pitch in a heartbreaking end to her career
2023-11-12 12:54
Florida judge rules for Tiger Woods over NDA dispute against ex-girlfriend - media
A Florida judge ruled in favor of Tiger Woods on Wednesday, rejecting his former girlfriend Erica Herman's request
2023-05-18 14:56
Rescued Australian man who was adrift 3 months in Pacific with dog 'grateful' to be alive
An Australian sailor who was rescued by a Mexican tuna boat after being adrift at sea with his dog for three months stepped foot on dry land Tuesday for the first time since their ordeal began
2023-07-19 01:53
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