Elizabeth Holmes gets more than 11 years for Theranos scam
Disgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.
Capitalizing On Controversy, 40 Kanye West Owned Items Sold At Auction
But one name on the list, in light of recent scandals, stood out: Kanye West. Yet Julien’s Auctions chose to auction 40 Kanye West items this past weekend. The lyrics to an untitled song handwritten in ink by Kanye West on lined paper, 10.5 x 8 inches, with edits. West writes in part: “Fascinate Minds / While I Assassinate Rhymes.” The provenance is The Kanye West Family Archives. Julien’s Auctions sold Steve Jobs’ Birkenstock sandals with NFT sold for $218,750 the weekend of Nov. 11-13.thewestsidegazette.com
Steve Jobs’ Original Apple Computer Prototype Goes Up For Auction
By Simona KitanovskaSteve Jobs’ very own original Apple computer prototype is going up for auction. Boston-based RR Auction are overseeing the auction of the historic “Apple Computer A” printed circuit board, which was hand-soldered by Apple co-founder Steve Wozniak. This Apple-1 prototype, listed as #2 on the Apple-1 Registry and considered ‘lost’ until recently, was examined and authenticated in 2022 by Apple-1 expert Corey Cohen. One of the distinguishing features of the “Apple Computer A” prototype was its use of three orange Sprague Atom capacitors, rather than the familiar ‘Big Blue’ capacitors used on the production Apple Computer 1. “Moreover, it is the perfect embodiment of the symbiosis between Steve Jobs, Steve Wozniak, and Silicon Valley: the brilliant businessman, the electronics Einstein, and the infrastructure in which they thrived.thewestsidegazette.com
Rapinoe, Giffords, Denzel Washington to receive Presidential Medal of Freedom
President Biden is awarding the Presidential Medal of Freedom, the nation's highest civilian honor, to 17 people, including Simone Biles, Denzel Washington, Gabby Giffords and, posthumously, inventor Steve Jobs and John McCain.washingtonpost.com
Biden to award Medal of Freedom to Biles, McCain, Giffords
The White House says President Joe Biden will present the nation's highest civilian honor to 17 people, including gymnast Simone Biles, actor Denzel Washington and the late Arizona Republican Sen. John McCain, with whom Biden served in the Senate.
Elizabeth Holmes accuses ex-lover, business partner of abuse
Disgraced entrepreneur Elizabeth Holmes on Monday cast herself as the abused puppet of her former lover and business partner Sunny Balwani during tearful testimony aimed at refuting accusations she lied about a flawed blood-testing technology that hailed as a major breakthrough.
Reporter recalls pivotal story in Elizabeth Holmes' stardom
A Fortune Magazine reporter whose story helped turn Elizabeth Holmes into a Silicon Valley sensation came to court Thursday to explain why he felt like he became a pawn in her attempts to hype a blood-testing technology she promised would revolutionize health care.
This handwritten letter by 18-year-old Steve Jobs is up for auction — and could fetch up to $300,000
In 1974, an 18-year-old Steve Jobs wrote a signed letter to his childhood friend, discussing Zen Buddhism and his plans to visit India. Now, the letter could sell at auction for between $200,000 and $300,000.cnbc.com
9/11 immigrant clean up crews seek residency
Immigrant workers who helped clean up lower Manhattan after the Sept. 11 attacks have long asked to obtain legal status as a way to compensate for the work and subsequent health problems. As the 20th Anniversary nears, they again seek recognition. (Aug. 8)news.yahoo.com
Fallen tech star Elizabeth Holmes prepares to go on trial
Jury selection in the fraud trial of Theranos founder Elizabeth Holmes began Tuesday, casting a spotlight on the fallen Silicon Valley star now facing felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine.
Meet billionaire investor Laurene Powell Jobs, wife of the late Apple cofounder Steve Jobs who spends much of her $21 billion on charity and says her kids won't inherit the fortune
Powell Jobs throws elaborate Halloween shows at her Silicon Valley home, sails on her $110 million yacht, and donates much of her wealth to charity.news.yahoo.com
Apple CEO faces tough questions about app store competition
Apple CEO Tim Cook described the company’s ironclad control over its mobile app store as the best way to serve and protect iPhone users, but faced tough questions about competition issues from a judge while testifying Friday about allegations that he oversees an illegal monopoly.
Is Epic Games' showdown with Apple turning into a mismatch?
If Epic Games hopes to dismantle the fortress surrounding Apple’s iPhone and its app store, the video game maker probably will need to roll out some heavier artillery heading into the second week of a trial threatening Apple’s $2 trillion empire.
Facebook's Mark Zuckerberg is the last founder-CEO in Big Tech as Bezos steps back
Mark Zuckerberg (R) is about to surpass Jeff Bezos as the world's fifth richest man. Getty ImagesWhen Amazon's Jeff Bezos steps down as CEO later this year, Facebook's Mark Zuckerberg will be the last founding CEO left at any of the big tech companies. Now Amazon is shifting from founder Bezos to Andy Jassy, a long-time Amazon employee who built up AWS, the company's cloud-computing business. Unlike these other leaders -- including Bezos -- Zuckerberg holds an absolute majority of voting power over Facebook shares. Tech giants have fared well after replacing foundersApple, Microsoft and Alphabet have all seen their revenues and stock price grow with their newest leaders.cnbc.com
Cramer: Optimistic young investors see Elon Musk as next Steve Jobs, take Tesla to dizzying heights
CNBC's Jim Cramer said Tuesday young investors believe Tesla CEO Elon Musk has grand visions for the electric-vehicle maker that make him comparable to late Apple co-founder Steve Jobs. That's why they're willing to continue buying Tesla's stock, helping propel its dizzying run this year, Cramer added. While its stock was down about 2% Tuesday, Cramer said Tesla's capital raise may speak to what youthful investors like about Musk. You're up against some very serious companies when it comes to pickups, and that's where the money is." Shares of Tesla have soared to great heights this year, rising well over 600% to a series of record highs.cnbc.com
Steve Wozniak is starting another company, 45 years after co-founding Apple with Steve Jobs
Steve Wozniak is starting a second company, 45 years after he co-founded Apple in Steve Jobs' parents garage in 1976. This time, Wozniak is starting a business in the green tech and blockchain space called Efforce, according to a statement released Friday. According to Efforce, "investors can participate in energy efficiency projects buy acquiring tokenized future savings," while companies benefit from such improvements "at no cost." According to Wozniak, "energy consumption and CO 2 emissions worldwide have grown exponentially, leading to climate change and extreme consequences to our environment. Wozniak created Efforce "to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change," he said.cnbc.com
Tailgating tradition takes on new form as opera goes virtual
FILE - In this May 8, 2019, file photo, the Santa Fe Opera awaits its summer season in Santa Fe, N.M. Instead of tailgating outside the Santa Fe Opera, he and his wife celebrated their anniversary and the opera's opening night on their balcony in downtown Denver. We are celebrating all that is still possible and still beautiful here at the Santa Fe Opera, Graham told those watching from their living rooms and patios. Supreme Court Justice Ruth Bader Ginsberg also has been a regular visitor to performances in Santa Fe. Batty attended his first Santa Fe opera in 1985 while visiting as a student from the United Kingdom.
Global pandemic: Through the eyes of the world's children
(AP Photo/Denis Farrell)CHICAGO These are children of the global pandemic. This is life under lockdown, through the eyes of children. Like many children under lockdown, she misses her friends and her teachers and especially misses playing her favorite game, netball. Thats life during the coronavirus pandemic for Tresor Ndizihiwe, a 12-year-old boy who lives in Rwanda, one of seven brothers and sisters. By comparison, the coronavirus pandemic seems manageable, the 10-year-old says.
Travis Kalanick and the four paths of ousted tech founders
Uber CEO Travis Kalanick. Kalanick co-founded Uber in 2009, then took over as CEO the following year. The second actMarc Andreessen, cofounder of Andreessen Horowitz, speaks at Recode's 2017 Code Conference. Then, a decade ago, Andreessen co-founded Andreessen Horowitz, where he used his hard-gained knowledge as an entrepreneur to build one of the most successful venture capital firms in Silicon Valley. Kalanick sold less than $3 billion worth of Uber stock, which barely buys an NBA team these days.cnbc.com
In Search of Inspiration: Steve Jobs
Everything else is secondary.The above quote by legendary Steve Jobs is one of my favorite. As we search for inspiration, we take an up close and personal look at the life of Steve Jobs. In 1997, Apple purchased Steve Jobs NeXT, allowing him to become the formers CEO once again. Steve Jobs was not passionate about computers, he was passionate about building tools to help people unleash their potential. Steve Jobs believed that a broad set of experiences lead people to conclusions that others might have missed.sflcn.com
Electric car start-ups once seen as threat now struggle to survive
Vacuum maker Dyson on Oct. 10 pulled the plug on its own electric vehicle program before building a single vehicle. "Almost none of the battery-electric start-ups has had enough air under their wings to take off," said Anton Wahlman, an analyst and electric vehicle consultant. An onlooker observes the 2009 Fisker Karma, with plug-in hybrid technology called Q DRIVE, developed by Quantum Technologies exclusively for Fisker Automotive. Complicating matters, EV start-ups largely misread the potential EV market, Abuelsamid added. "The EV market has not developed at the pace a lot of people thought in 2009 and 2010," said Abeulsamid.cnbc.com
Jeff Bezos: This is the one Amazon leadership principle that 'surprises people' the most
But there is one that "surprises people," according to Jeff Bezos it's Amazon's fourth leadership principle: "be right, a lot." "...[G]ood leaders are right a lot," Bezos said at the Pathfinder Awards in Seattle in 2016. "People who are right a lot, they listen a lot, and people who are right a lot, change their mind a lot," Bezos said. Though it's important to be "right, a lot," Bezos points out that there are times when being wrong is OK too. You're gonna try something on your way to that vision, and that's going to be the wrong thing, you're gonna have to back up, take a course correction, and try again."cnbc.com
What inspired these top advisors to help others manage money
But how about the financial advisor you've been working with all these years? More from Financial Advisor 100:CNBC FA 100 2019 list of top-rated financial advisory firmsTop-ranked advisory firms help meet their client's financial goals10 years on, 'personal touch' will still dominate financial advice spaceWe asked eight financial advisors from wealth management firms ranked in the 2019 FA 100 list what exactly inspired them to get into the financial advisory business. My first purse, at 5 years old, was a Bank of America money bag." As I considered various careers, I realized that the financial planning/investment advisory industry provided both. In this industry, to be successful, you have to want to help people first and foremost.cnbc.com
Steve Jobs: 'Technology is nothing'here's what he said it really takes to achieve great success
It's been eight years since Steve Jobs passed away on Oct. 5, 2011, but his lessons about life, work and success still live on today. He taught them to focusAfter his return to Apple, Jobs would take his top employees on annual retreats. "Deciding what not to do is as important as deciding what to do," Jobs told Isaacson. According to Isaacson, Jobs believed in the power of in-person conversations and always preferred face-to-face meetings. "There's a temptation in our networked age to think that ideas can be developed by email and iChat," he told Isaacson.cnbc.com
Jony Ive's departure marks the end of an era for Apple
When Jony Ive first met Steve Jobs, Ive expected to be fired. Against that backdrop, Jobs paid a visit to Apple's design studio, where Ive was only recently put in charge. Apple announced Thursday that Ive is leaving Apple after nearly 30 years with the company. With Ive's departure and Jobs' passing, Apple's two key tastemakers are no longer working at Apple. "He was the soul of Apple's industrial design," Tim Bajarin, a longtime Apple analyst, told CNN Business.