Joe Rogan's 'JRE' podcast tops UK charts, here's everything we know
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2023-09-25 15:58
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How and where to buy Bild Lilli dolls? Only 130K of the dolls that inspired Barbie were ever made
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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
Israelis Protesting Reforms Say Netanyahu Has Declared ‘War on Women’
Most conspicuous among the hundreds of thousands of anti-government protesters waving blue and white Israeli flags outside parliament
2023-07-26 12:24
US Secretary of State tells Australia that WikiLeaks founder is accused of 'very serious' crime
U.S. Secretary of State Antony Blinken has pushed back against Australian demands for an end to WikiLeaks founder Julian Assange’s prosecution, saying the Australian citizen was accused of “very serious criminal conduct” in publishing a trove of classified documents more than a decade ago
2023-07-29 22:56
China Stock Margin, Shorts Diverge on Mixed Regulation Impact
China’s equity margin debt is climbing even as short-selling continues to decline, a disparity caused by two different
2023-11-14 12:29
'Done with malnourished singers and actors': Taylor Swift fans revel as singer rumored to be dating Kansas City Chiefs star Travis Kelce
Taylor Swift reportedly met Travis Kelce when the ‘Lover’ crooner was in New York City a few weeks ago
2023-09-13 14:50
Ukraine war: Last grain ship leaves Odesa as deal deadline looms
Russia has threatened not to extend the deal allowing Ukraine's Black Sea grain exports despite the war.
2023-07-17 00:54
Who’s Winning the Money Race for President as Campaigns Heat Up
The race for presidential hopefuls to lure donors and build up their bank accounts is in full swing
2023-07-16 02:28
Woman vanishes after 911 call to report toddler on the side of an Alabama highway
Police continue to search for a woman who went missing after telling her family she spotted a child walking alone on a stretch of Alabama highway earlier this week. Rewards totaling $25,000 have been offered up for the return of 25-year-old Carlethia Nichole “Carlee” Russell, who called 911 to report that she saw a toddler on the side of Interstate 459 in Hoover on 13 July. She then called a family member, who lost contact with her while the phone line remained open, according to police. Officers who arrived at the scene found Ms Russell’s car and some of her belongings but did not locate her or the child. “We currently are investigating every possibility,’’ Hoover Police Department public information officer Lt Daniel Lowe said during a press briefing on 14 July. “We’re certainly leaving nothing off the table.” Her mother Talitha Russell said her daughter left The Woodhouse Day Spa before stopping at Taziki’s at 9pm on Thursday to pick up food for her and her mother, according to AL.com. She called 911 when she had pulled over after spotting what she said was a three- or four-year-old child, her mother said. At 9:36pm, Talitha Russell said her daughter was then on the phone with her brother’s girlfriend. “My son’s girlfriend heard her asking the child, ‘Are you OK?’ She never heard the child say anything but then she heard our daughter scream,’’ Talitha Russell said. “From there all you hear on her phone is background noise from the interstate.” An officer was dispatched to the scene within three minutes. One witness reported possibly seeing a gray vehicle and a male standing outside of Ms Russell’s car at the time of the incident, according to Hoover police. Family members have questioned why authorities did not alert an Ashanti Alert, relying on a similar Amber Alert emergency messaging system for missing children. Ashanti alerts, named after 19-year-old Ashanti Billie, who was abducted and killed in 2017, are used in critical missing adult cases for those too old for Amber alerts and too young for Silver alerts. Ms Russell – who is described as Black, 5’4” and 150 to 160 lbs – was last seen wearing a black shirt, black pants and white Nike shoes, according to Hoover police. Members of the public who believe they have seen her are directed to call Hoover Detective Brad Fountain at 205-444-7562, Sgt Drew Mims at 205-739-7274, or Crimestoppers of Metro Alabama at 205-254-7777.
2023-07-15 22:28
Shutdown's shadow, Biden's speech and arguing the case: Takeaways from the House impeachment hearing
The impeachment inquiry being conducted by House Republicans can lead to the ultimate penalty for a president for what the Constitution describes as “high crimes and misdemeanors.”
2023-09-29 00:22
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