The game is up for folks who enjoy pointing out that Theranos founder Elizabeth Holmes (and company president Sunny Balwani) inexplicably escaped serious consequences for the company's billion-dollar blood test hoax. They were charged with fraud today by the Feds.
Both Holmes, who stepped down as CEO of the financially crippled company earlier Friday, and Balwani appeared in U.S. District Court in San Jose, Calif., for arraignment on two counts of conspiracy to commit wire fraud and nine counts of wire fraud.
Both Holmes and Balwani, who surrendered Friday to the FBI, were released on $500,000 bond each and ordered to surrender their passports at the arraignment, which was attended by Holmes
Theranos's blood-testing machines never amounted to much more than hacky prototypes, but the company faked its way to a $9bn valuation by secretly using competitors' traditional technology while keeping employees shushed with a threatening, cultlike corporate culture. CNBC says "Holmes and Balwani face up to 20 years in prison if convicted" but doesn't suggest likely sentencing.
A video promoting new Playstation games has disappeared from the web after fans noticed that its hand-drawn segues were nearly identical to scenes in other animated works. The swipes are unusually brazen, featuring not just individual frames or designs but entire sequences lifted from productions as widely-seen as Stephen Universe: The Movie. Here’s an unofficial […]
A woman was taken into protective custody for pretending she was experiencing a breathing problem in order to get a bigger seat on an American Airlines flight from Pensacola to Miami, reports NBC News. The pilot decided to turn the plan around and landed in Pensacola. When the plane landed, the woman refused to get […]
I own a sodastream and have often contemplated living the dream, but never had the courage to “inject a bunch of co2” into milk. Joe Barnard did. BARNARD: Here we go! *depresses sodastream injector button* *ssshshhhhhooooooiiiiii—* *releases sodastream injector button* *oooiiiiiissshhhhhhhh—* BARNARD: *chuckles* *sshhhhhhhhoooooooouiiiiiiiishhhhh—* BARNARD: Oh dear. *sshhslplspslpslpslpslspls—* BARNARD: Well, this is awful. *hissing milk […]
When the SNES launched back in the early 1990s, it changed gaming forever. One of the innovations was a gamepad with four action buttons — something that has remained a constant on controllers ever since. The 8BitDo SN30 Bluetooth Gamepad brings that iconic design up to date, with Bluetooth connectivity and support for multiple platforms. […]
After a long day at work, cooking a meal from scratch can seem like too much trouble. Unfortunately, the alternative is usually something unhealthy. Enter the Mellow Sous Vide Precision Cooker. This compact water bath uses cutting-edge technology to cook meat and veggies at the perfect temperature for exactly the right amount of time. It […]
In the course of any day, we encounter many different audio environments. If you are wearing earbuds, the ambient noise level can affect your listening experience. The HUB wireless earbuds adapt to different surroundings using smart noise-cancellation technology. They can either block out distractions or enhance conversations. They are normally priced at $250, but you […]