By Sara Ashley O’Brien, CNN Business More than three years after Elizabeth Holmes was first indicted and nearly four months after her trial kicked off, the founder and former CEO of failed blood testing startup Theranos was found guilty on four out of 11 federal fraud and conspiracy charges. The verdict comes after a stunning
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By Brian Fung, CNN AT&T and Verizon have agreed to postpone their planned rollouts of 5G infrastructure near airports by two weeks, averting — for now — feared widespread disruptions to air travel and shipping as well as a potential legal battle over the matter. Both carriers confirmed late Monday evening that they will hold
Continue Reading By Brian Fung, CNN AT&T and Verizon have agreed to postpone their planned rollouts of 5G infrastructure near airports by two weeks, averting — for now — feared widespread disruptions to air travel and shipping as well as a potential legal battle over the matter. Both carriers confirmed late Monday evening that they will hold
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By Rishi Iyengar, CNN Business After nearly four months of court proceedings in one of the most high-profile tech trials in recent memory, Elizabeth Holmes has been found guilty on four out of 11 federal fraud and conspiracy charges. Holmes, the former CEO and founder of failed blood testing startup Theranos, was found guilty on
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By Sara Ashley O’Brien, CNN Business Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos, was found guilty on four charges of defrauding investors, capping off the stunning downfall of a former tech icon. She was found not guilty on three additional charges concerning defrauding patients and one charge of conspiracy
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By Sara Ashley O’Brien, CNN Business Editor’s Note: The jury has now returned a verdict in the trial of Elizabeth Holmes. Read the full story here. The jury tasked with determining the fate of Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos in her criminal trial, said that it remains
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By Donie O’Sullivan, CNN Facebook has blocked Rep. Marjorie Taylor Greene from posting on its platform for 24 hours, the Georgia Republican said Monday. The congresswoman reacted to the temporary Facebook ban through her Telegram account, writing, “Facebook has joined Twitter in censoring me.” A spokesperson for Meta, Facebook’s parent company, said Facebook removed one
Continue Reading By Donie O’Sullivan, CNN Facebook has blocked Rep. Marjorie Taylor Greene from posting on its platform for 24 hours, the Georgia Republican said Monday. The congresswoman reacted to the temporary Facebook ban through her Telegram account, writing, “Facebook has joined Twitter in censoring me.” A spokesperson for Meta, Facebook’s parent company, said Facebook removed one
Continue Reading By Sara Ashley O’Brien, CNN Business Editor’s Note: The jury has now returned a verdict in the trial of Elizabeth Holmes. Read the full story here. The jury tasked with determining the fate of Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos in her criminal trial, said that it remains
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By Samantha Kelly and Clare Duffy, CNN Business CES, typically one of the year’s biggest tech trade shows, is moving forward with plans to host an in-person component this week despite looming threats of the Omicron Covid-19 variant. Although the event will return to Las Vegas for the first time since 2020 — marking the
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By Diksha Madhok, CNN Business The Indian government says it is investigating a website that purported to offer Muslim women for sale, the second time in less than a year that a fake online auction of this kind has sparked outrage in the country. The website was created on GitHub, an American coding platform which
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By Samantha Murphy Kelly, CNN Business You soon won’t be able to use that old BlackBerry phone sitting at the bottom of your drawer somewhere. Starting Tuesday, January 4, the company will stop running support for its classic devices running BlackBerry 10, 7.1 OS and earlier. This means all of its older devices not running
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By Jackie Wattles, CNN Business When future generations write about the history of space travel, 2021 may well get its own chapter. “The year of the billionaires,” it might be called. Jeff Bezos and Richard Branson each took supersonic joy rides to the edge of space, finally bringing their competing private-sector spacecraft into operation after
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By Diksha Madhok and Jill Disis, CNN Business Chinese tech stocks got a big boost in Hong Kong on the last day of the year, but it’s far from enough to make up for what has been a historically tumultuous time for the sector. Shares in tech and internet giants Alibaba, Baidu and Bilibili —
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By Jennifer Korn Over 475,000 Tesla (TSLA) cars have been recalled due to technical defects that may increase the risk of accidents. Two separate recalls are in place, one regarding the rear-view camera in the Tesla Model 3 and the other involves the frunk, or front trunk, latches in the Model S. The large recall
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By Diksha Madhok, CNN Business Two of the world’s biggest chipmakers are warning that Covid-19 outbreaks and stringent lockdowns in a major Chinese industrial hub are hampering their operations. Samsung and Micron said this week that they’ve had to adjust operations in the northwestern city of Xi’an, which is experiencing one of China’s worst community
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By Rishi Iyengar and Sara Ashley O’Brien, CNN Business The high-profile criminal trial of Theranos founder Elizabeth Holmes will officially stretch into a new calendar year Monday when the jury entrusted with determining her fate will continue deliberations after a short respite. The jury of eight men and four women concluded their deliberations for 2021
Continue Reading By Diksha Madhok, CNN Business Two of the world’s biggest chipmakers are warning that Covid-19 outbreaks and stringent lockdowns in a major Chinese industrial hub are hampering their operations. Samsung and Micron said this week that they’ve had to adjust operations in the northwestern city of Xi’an, which is experiencing one of China’s worst community
Continue Reading By Diksha Madhok, CNN Business Two of the world’s biggest chipmakers are warning that Covid-19 outbreaks and stringent lockdowns in a major Chinese industrial hub are hampering their operations. Samsung and Micron said this week that they’ve had to adjust operations in the northwestern city of Xi’an, which is experiencing one of China’s worst community
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By Jennifer Korn After hours offline, Fortnite servers were restored at 6:50pm EST Wednesday. For hours, players were unable to log into the popular battle royale. The company was “investigating log-in, matchmaking, and other issues,” on Wednesday afternoon, according to Fortnite’s official status Twitter account. A later tweet said that “game servers are currently offline
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