Apple is close to becoming the first public company valued at $3 trillion
Apple is near to becoming the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits.
Holmes' former partner gets nearly 13 years in Theranos case
A judge has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax — a sentence slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley’s biggest scandals.
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.
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.
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.
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.
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.
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.