Elizabeth Holmes, the disgraced founder of Theranos Inc., was sentenced to 11 years and three months in prison over the massive fraud scheme she orchestrated.
California could face a $25 billion budget deficit in 2023–24, despite raking in a record-setting $98 billion budget surplus this year, according to an analysis that comes days after midterms election, in a state where the Democratic party enjoys a supermajority.
Joe Biden asked Congress for $37.7 billion in aid to continue the Russia-Ukraine war, less than two months before a new Congress is sworn in this January.
Sam Bankman-Fried, the man at the epicenter of the FTX cryptocurrency exchange implosion, has been revealed to have funneled huge amounts of money to several Democratic candidates who ran in the recent midterm elections through his political action committee (PAC).
Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week.
