Prosecutors called Theranos founder and CEO Elizabeth Holmes a liar and a cheat on Wednesday while her attorneys argued that the company’s failure was not a crime. “Out of time, out of money, Elizabeth Holmes decided to lie,” Robert Leach, an assistant U.S. attorney, said while laying out the case that Theranos ran out of
Technology
In this article AMZN A Whole Foods locaton in downtown Denver. John Leyba | Denver Post | Getty Images Amazon is bringing its automated checkout technology to a pair of Whole Foods stores, the company announced Wednesday, marking the latest test of the grab-and-go system in a full-size supermarket. In a blog post, Amazon said
In this article F AAPL Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor has hired former Tesla and Apple executive Doug Field as its chief advanced technology and embedded systems officer, the company announced
Tim Cook Source: Apple Apple sent out invitations to the media for its annual launch event on Sept. 14, where the company is expected to announce new iPhones. The company may also announce new Apple Watch and AirPods models. Apple releases Apple Watches on an annual basis and the AirPods are due for a revision
In this article AAPL AMZN BIDU FB Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple, Amazon, Facebook, Tesla and Baidu are all shunning
In this article 9618-HK Richard Liu, founder and chief executive officer of JD.com. Billy H.C. Kwok | Bloomberg | Getty Images GUANGZHOU, China — JD.com’s founder and CEO Richard Liu is stepping back from day-to-day operations while the Chinese e-commerce giant said it has created a new president role. Xu Lei, who was previously CEO
Rep. Scott Fitzgerald, R-Wis., is seen during a group photo with freshmen members of the House Republican Conference on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images A Republican lawmaker is readying a bill that would require businesses subsidized by foreign governments to
Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images In the past few weeks, Apple has made several changes to its App Store rules, allowing a larger number of companies to access a lower commission
In this article MMIT-GB Seventh grade Alabama teacher Sarah Wildes relies on a tool called Checkology to teach her students how to spot real news and misinformation. Courtesy of Sarah Wildes When Sarah Wildes, a seventh grade teacher in Alabama, was asked by a student about the mass confusion surrounding the results of the 2020
In this article UPS FDX AMZN Amazon is on a spending spree to grow its shipping business and isn’t content with only delivering products purchased on its own site. The company is now moving cargo for outside customers in its latest move to compete directly with FedEx and UPS. “They want to be a new
In this article .SPX MTCH The Match dating application is displayed on an Apple iPhone in an arranged photograph. Andrew Harrer | Bloomberg | Getty Images Shares of Match Group rose more than 8% after hours, following news that the company is joining the S&P 500. As of Sept. 20 the online-dating company will replace
Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018. Dado Ruvic | Reuters Apple on Friday said it would delay a controversial plan to scan users’ photo libraries for images of child exploitation. “Last month we announced plans for features intended
Daniel Ek, chief executive officer and co-founder of Spotify AB, stands for a photograph after a news conference in Tokyo, Japan, on Thursday, Sept. 29, 2016. Akio Kon | Bloomberg | Getty Images Spotify shares were up more than 6% on Thursday after Apple announced that it would relax App Store rules that the streamer
Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 4, 2018. David Paul Morris | Bloomberg | Getty Images Apple on Wednesday said that some apps will be allowed to provide a link to their websites to prompt users to
In this article TWTR Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday launched Super Follows, a feature that allows select users to
A man uses his mobile phone as he walks past advertising for iPhones outside an Apple store. Philip Fong | AFP | Getty Images Eight states will roll out a feature allowing users to add driver’s license and state IDs to Apple Wallet for iPhone and Apple Watch to use at security at participating airports,