Tech

Disgraced Tech ‘Genius’ Elizabeth Holmes Sentenced to 11 Years in Prison Over Billion-Dollar Theranos Fraud

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.

Social Media Platforms Have No Plans to Lift Bans on Trump’s Accounts Despite Third White House Bid

Facebook officials said Wednesday that the social media platform has no plans to reinstate the account of former President Donald Trump, despite announcing his bid earlier this week for a second term in the White House in 2024.

The Qatar World Cup Is a Testing Ground for Dystopian ‘Pay-By-Face’ Tech

Visa, the Official Payment Technology Partner of FIFA, is set to bring what it calls “innovative” biometric payment technologies to the World Cup in Qatar, which starts on Sunday.

Biden Changed ‘Suspicious Activity Report’ Policies to Protect Himself, Hunter: GOP House Oversight Committee to Investigate Bidens

"Was Joe Biden directly involved with Hunter Biden's business deals, and is he compromised? That's our investigation," said incoming House Oversight Committee Chair James Comer (R-KY).

California Faces $25 Billion Budget Deficit, Could Be Worse if Recession Hits

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.

Jeff Bezos’ Top Tips for Managing the Economic Downturn

Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.

Amazon to Lay Off 10,000 Starting This Week

Amazon.com Inc. plans to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, The New York Times reported Monday, citing people with knowledge of the matter.

Mayor Sued by City Residents For Her Refusal to Allow Residents to Speak During Council Meeting

Four residents of Eastpointe, Michigan, filed a federal lawsuit against the city's mayor and the city this week, claiming the mayor is abusing her power and trying to silence her critics

Biden Administration Launches Multimillion-Dollar ‘Climate Gender Equity Fund’ to Address Inequalities

President Joe Biden announced the launch of his multimillion-dollar “Climate Gender Equity Fund” to address purported inequalities women face in climate finance at the United Nations COP 27 climate conference in Egypt on Friday.

Republican Joe Lombardo defeats Democratic Gov. Steve Sisolak in Nevada

Clark County Sheriff Joe Lombardo has defeated incumbent Democratic Gov. Steve Sisolak in Nevada's 2022 gubernatorial contest, according to a race call by the Associated Press.

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