J3N Provides the Latest and Most Up-to-Date News, You Can Stay Informed and Connected to the World.
⎯ 《 Just 3 N : New News Now 》
Huawei starts product launch event by thanking China for its support
Huawei starts product launch event by thanking China for its support
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Huawei Technologies kicked off a product launch event on Monday by thanking
2023-09-25 16:51
Paige Spiranac takes on barbiecore trend as she wears sizzling pink dress, fans dub golf influencer 'hottest chick'
Paige Spiranac takes on barbiecore trend as she wears sizzling pink dress, fans dub golf influencer 'hottest chick'
Golf Diva laned into Barbie-mania, setting internet on fire, donning an all-pink golf outfit.
2023-07-29 15:25
Ukrainian drone destroys Russian supersonic bomber
Ukrainian drone destroys Russian supersonic bomber
Image shows Tu-22 "Backfire" ablaze after attack at airbase south of St Petersburg.
2023-08-22 00:47
Analysis-Trump heading for Republican 'coronation' as 2024 rivals struggle to stop him
Analysis-Trump heading for Republican 'coronation' as 2024 rivals struggle to stop him
By Tim Reid DES MOINES, Iowa As Florida Governor Ron DeSantis flipped pork chops in front of the
2023-08-13 18:27
IShowSpeed addresses his viral wardrobe malfunction fallout: ‘Don’t tell me to calm down'
IShowSpeed addresses his viral wardrobe malfunction fallout: ‘Don’t tell me to calm down'
IShowSpeed said, 'You guys can crack your jokes, all of this, all of that, but y’all genuinely are not looking at the bigger picture'
2023-08-19 16:26
Elizabeth Holmes surrenders to federal prison in Texas to begin 11-year sentence for Theranos scandal
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
Bank of Canada holds interest rate at 5%, sees weak growth and stubborn inflation
Bank of Canada holds interest rate at 5%, sees weak growth and stubborn inflation
TORONTO The Bank of Canada on Wednesday held its key overnight rate at 5.0% as expected and forecast
2023-10-25 22:57
Israeli military raid in the occupied West Bank kills a Palestinian man
Israeli military raid in the occupied West Bank kills a Palestinian man
Palestinian health officials say Israeli troops killed a Palestinian man during an army raid in the occupied West Bank
2023-09-05 15:16
Who is Jeff Ferguson? Orange County Superior Court judge arrested on suspicion of murdering his wife
Who is Jeff Ferguson? Orange County Superior Court judge arrested on suspicion of murdering his wife
Jeff Ferguson has been named prosecutor of the year four times by the Orange County Narcotics Officers Association
2023-08-05 02:59
Kohli holds firm against Australia in WTC final thriller
Kohli holds firm against Australia in WTC final thriller
Virat Kohli defied Australia on Saturday to give India hope of an extraordinary win in the World Test Championship...
2023-06-11 01:57
Americans face still-persistent inflation yet keep spending despite Federal Reserve's rate hikes
Americans face still-persistent inflation yet keep spending despite Federal Reserve's rate hikes
An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth
2023-10-27 21:54
Where were Jonas Bare and Cynthia Hovsepian found? Tennessee couple who went missing on Alaska trip discovered after eight days
Where were Jonas Bare and Cynthia Hovsepian found? Tennessee couple who went missing on Alaska trip discovered after eight days
Jonas Bare and Cynthia Hovsepian were reported missing on August 11 after they failed to check out of their Airbnb rental
2023-08-20 20:24