Taiwan singers won't let curtain fall on Hakka opera
Dressed in a robe fringed with beaded tassels, traditional Taiwanese opera singer Jen Chieh-li applies the final touches to her heavily painted face as she...
2023-10-09 10:24
Pokimane 'can't believe it's 2023' after being told to 'get back in kitchen', fan says 'I would cook for you'
Pokimane faced online detractors, including a viewer who told her to 'get back in the kitchen' during a solo queue game
2023-08-05 19:22
Stocks Finish Well Off Lows as Dip Buyers Step In: Markets Wrap
Stocks trimmed losses as dip buyers emerged following a slide driven by worries about the financial system and
2023-08-09 05:58
Who is Marc Louvet? VanEck hailed after financier is put on indefinite leave for ripping down posters of Israeli child hostages
A video capturing Marc Louvet being confronted after tearing down posters of Israeli hostages on Manhattan's Upper East Side emerged over the weekend
2023-10-24 15:50
Olivia Dunne inks new NIL deal with Motorola, fans wonder if video 'was filmed with iPhone'
Dunne is ranked No 2 in the On3 NIL 100, the first of its kind and de facto ranking of high school and college athletes based on their NIL valuations
2023-06-24 21:50
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
A former University of Georgia staffer injured in fatal car crash files lawsuit against school athletic association and others
A former recruiting analyst for the University of Georgia Athletic Association who was badly injured in an auto accident in January has filed a lawsuit against the athletics association and others.
2023-07-22 15:58
Who is Christine Russo? Sister says 'nothing can make this better' after Mackenzie Shirilla is sentenced for killing Dominic Russo
Mackenzie Shirilla was sentenced to two concurrent 15-year-to-life terms for the deaths of Dominic Russo and Davion Flanagan
2023-08-26 21:16
Argentina Banks Load Up on Liquidity Before Weekend’s Election
Argentine banks, taking nothing for granted in the run-up to this weekend’s presidential election, are loading up on
2023-11-15 22:53
Kai Cenat responds to accusations of glorifying jail in livestream: 'You didn't see that, right'
Kai Cenat addressed misunderstandings related to the jail stream and provided insights about the controversial event
2023-11-19 17:55
Chicago Police Department investigating allegations that officers had improper sexual relations with migrants
The Chicago Police Department says it is investigating an unspecified number of officers for misconduct following allegations they engaged in improper sexual relations with newly arrived migrants.
2023-07-08 05:58
Humanitarians want more aid for Gaza, access to hostages under Israel-Hamas truce. And more time
International aid groups that have lined up thousands of aid trucks for Gaza say they’re ready to move quickly to send in food, water and other supplies if a pause in the fighting between Hamas and Israel takes hold
2023-11-23 04:16
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