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List of All Articles with Tag 'pp'

World 172 Seyboth Wild stuns Medvedev at French Open as Djokovic fallout continues
World 172 Seyboth Wild stuns Medvedev at French Open as Djokovic fallout continues
World number two Daniil Medvedev was knocked out of the French Open in the first round on Tuesday, losing in five sets to 172nd-ranked Thiago Seyboth Wild of Brazil as Roland Garros attempted to...
2023-05-31 01:58
What Elizabeth Holmes' life in prison could look like
What Elizabeth Holmes' life in prison could look like
Once a Silicon Valley icon and paper billionaire, Elizabeth Holmes will now have to wake every morning at 6 a.m., hold a job paying as little as $0.12 an hour, and share bathing facilities at a prison camp in southern Texas.
2023-05-31 01:49
Colleges will soon have option to hide students' race and ethnicity information on applications submitted through Common App
Colleges will soon have option to hide students' race and ethnicity information on applications submitted through Common App
Colleges will soon have the option to hide students' race and ethnicity information on applications submitted through Common App, according to the organization.
2023-05-31 01:47
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
Gunman in Pittsburgh synagogue massacre planned attack, defense acknowledges as trial gets underway
Gunman in Pittsburgh synagogue massacre planned attack, defense acknowledges as trial gets underway
A lawyer for the man charged in the deadliest antisemitic attack in U.S. history is acknowledging he planned the massacre at a Pittsburgh synagogue and made hateful statements about Jewish people
2023-05-31 01:47
US agency says 8.3 million homes, businesses lack access to high-speed broadband
US agency says 8.3 million homes, businesses lack access to high-speed broadband
By David Shepardson WASHINGTON (Reuters) -More than 8.3 million U.S. homes and businesses lack access to high-speed broadband internet, the
2023-05-31 01:28
Woman who threatened Nancy Pelosi with hanging during Capitol riot gets over 2 years in prison
Woman who threatened Nancy Pelosi with hanging during Capitol riot gets over 2 years in prison
A Pennsylvania restaurant owner who screamed death threats directed at then-House Speaker Nancy Pelosi while storming the U.S. Capitol has been sentenced to two years and three months in prison
2023-05-31 01:23
Former first lady Rosalynn Carter has dementia, Carter Center says
Former first lady Rosalynn Carter has dementia, Carter Center says
Rosalynn Carter, the former first lady of the United States and wife of former President Jimmy Carter, has dementia, the Carter Center announced on Tuesday.
2023-05-31 01:22
US bombers fly over Bosnia in sign of support amid continued secessionist threats
US bombers fly over Bosnia in sign of support amid continued secessionist threats
A pair of U.S. Air Force B-1B Lancer bombers has flown low over Sarajevo and several other Bosnian cities as a sign of support amid continued secessionist threats by the staunchly pro-Russian Bosnian Serb leader Milorad Dodik
2023-05-31 01:19
NATO to send 700 more troops to Kosovo to help quell violent protests
NATO to send 700 more troops to Kosovo to help quell violent protests
NATO Secretary-General Jens Stoltenberg says the military organization has sent 700 more troops to Kosovo to help quell violent protests and has put another battalion on standby in case the riots spread
2023-05-31 00:54
Why did ethnic Serbs attack NATO peacekeepers in Kosovo? Here's what we know
Why did ethnic Serbs attack NATO peacekeepers in Kosovo? Here's what we know
Dozens of NATO peacekeepers were injured after they were attacked by ethnic Serbs in northern Kosovo, during protests over the installation of ethnically Albanian mayors.
2023-05-31 00:52
Nasdaq boosted by Nvidia, cautious optimism on temporary debt deal
Nasdaq boosted by Nvidia, cautious optimism on temporary debt deal
By Shreyashi Sanyal (Reuters) -The Nasdaq led gains among Wall Street's main indexes on Tuesday, boosted by shares of Nvidia,
2023-05-31 00:50
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