Monthly Archives: December 2022

Sunny Balwani: Former Theranos executive gets nearly 13 years in prison

Second-in-command Sunny Balwani receives a heavier sentence than the start-up’s founder Elizabeth Holmes.

Posted in Tech | Tagged | Comments Off on Sunny Balwani: Former Theranos executive gets nearly 13 years in prison

Elon Musk turns Twitter into ‘hotel’ for staff

One photo shows a double room with wardrobe and slippers, as Elon Musk seeks to instil a “hardcore” work culture.

Posted in Tech | Tagged | Comments Off on Elon Musk turns Twitter into ‘hotel’ for staff

Google combines Maps and Waze teams as pressures mount to cut costs

Google plans to combine the teams working on its Maps product and on Waze, a mapping service that Google acquired in 2013. The merger comes as the search engine giant feels the pressure to cut costs and consolidate operations, reports … Continue reading

Posted in Tech | Tagged | Comments Off on Google combines Maps and Waze teams as pressures mount to cut costs

Tesla appears to be turning back to radar for its vehicles

Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission. The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and … Continue reading

Posted in Tech | Tagged | Comments Off on Tesla appears to be turning back to radar for its vehicles

FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry

Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.

Posted in Tech | Tagged | Comments Off on FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry

Daily Crunch: Plaid unravels a fifth of its workforce after ‘growth did not materialize as quickly as expected’ 

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to Hump Day! If you haven’t gotten your fill yet of tech egos, you’ll … Continue reading

Posted in Tech | Tagged | Comments Off on Daily Crunch: Plaid unravels a fifth of its workforce after ‘growth did not materialize as quickly as expected’ 

Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison

Sunny Balwani, the onetime COO and president of Theranos, was sentenced today in federal court on fraud charges, after Elizabeth Holmes was sentenced weeks ago.

Posted in Tech | Tagged | Comments Off on Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison

Google, Oracle, Amazon, and Microsoft awarded $9 billion Pentagon cloud deals

The news is a win especially for Oracle, which isn’t among the top tier of companies operating computing, storage and database services for a slew of customers.

Posted in Tech | Tagged | Comments Off on Google, Oracle, Amazon, and Microsoft awarded $9 billion Pentagon cloud deals

Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud

Ramesh Balwani, the former chief operating officer of the failed blood testing start-up, was convicted of 12 counts of fraud in July.

Posted in Tech | Tagged | Comments Off on Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud

Theranos exec Sunny Balwani sentenced to 13 years in prison for defrauding patients and investors

The former COO of disgraced blood testing startup Theranos, Ramesh “Sunny” Balwani was sentenced to 155 months, or about 13 years, in prison, and three years of probation. After a three-month trial, Balwani was found guilty on all 12 criminal … Continue reading

Posted in Tech | Tagged | Comments Off on Theranos exec Sunny Balwani sentenced to 13 years in prison for defrauding patients and investors