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Articles written by Michael Liedtke

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Will Elizabeth Holmes' conviction sober up Silicon Valley?

SAN JOSE, Calif. (AP) — The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated ex-billionaire to prison. In theory, it could also deliver a sobering message to a Silicon Valley culture that...

 

Elizabeth Holmes' fraud case heads to the jury

SAN JOSE, Calif. (AP) — The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case Friday afternoon after a three-month trial that captivated Silicon Valley. The hand-off came...

 

Defense team rests in Elizabeth Holmes fraud trial

SAN JOSE, Calif. (AP) — Fallen entrepreneur Elizabeth Holmes has finished her attempt to persuade a jury that she suffered lapses in business judgment but never engaged in fraud while running blood-testing startup Theranos. Her defense lawyers...

 

Elizabeth Holmes accuses ex-lover, business partner of abuse

SAN JOSE, Calif. (AP) — Disgraced entrepreneur Elizabeth Holmes described herself as the abused puppet of her former lover and business partner Sunny Balwani in tearful testimony Monday, part of her attempt to refute accusations that she lied about...

 

Elizabeth Holmes takes the stand in her criminal fraud trial

SAN JOSE, Calif. (AP) — Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients into believing that her startup Theranos had developed a blood-testing device that would reshape health care, took the witness stand...

 

Jury gets chance to hear Elizabeth Holmes' bold promises

SAN JOSE, Calif. (AP) — A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes got its first chance Friday to listen to recordings of her boasting to investors about purported breakthroughs in a blood-testing technology. The techno...

 

Leaked records open a 'Pandora' box of financial secrets

Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century,...

 

Whistleblower: Facebook chose profit over public safety

NEW YORK (AP) — A data scientist who was revealed Sunday as the Facebook whistleblower says that whenever there was a conflict between the public good and what benefited the company, the social media giant would choose its own interests. Frances...

 

Apple, Google raise new concerns by yanking Russian app

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a...

 

Silicon Valley finds remote work is easier to begin than end

SAN FRANCISCO (AP) — Technology companies that led the charge into remote work as the pandemic unfurled are confronting a new challenge: how, when and even whether they should bring long-isolated employees back to offices that have been designed...

 

Apple CEO faces tough questions about app store competition

SAN RAMON, Calif. (AP) — 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 he faced tough questions about competition issues from a judge Friday about...

 

Apple's iPhone privacy clampdown arrives after 7-month delay

SAN RAMON, Calif. (AP) — Apple is following through on its pledge to crack down on Facebook and other snoopy apps that secretly shadow people on their iPhones in order to target more advertising at users. The new privacy feature, dubbed "App...

 

Uber, Lyft team up on database to expose abusive drivers

SAN RAMON, Calif. (AP) — Uber and Lyft have teamed up to create a database of drivers ousted from their ride-hailing services for complaints about sexual assault and other crimes that have raised passenger-safety concerns for years. The clearinghou...

 

EXPLAINER: Why the power grid failed in Texas and beyond

DALLAS (AP) — The power outages tormenting Texas in uncharacteristically Arctic temperatures are exposing weaknesses in an electricity system designed when the weather's seasonal shifts were more consistent and predictable — conditions that most...

 

'Unprecedented' mail volume delays Christmas gifts

SAN RAMON, Calif. (AP) — Some who mailed holiday presents weeks early this year found they didn't act early enough as Christmas arrived with their gifts stuck in transit. The U.S. Postal Service said on its website that it was "experiencing...

 

US airport traffic rising despite holiday travel warnings

SAN RAMON, Calif. (AP) — More than 1 million people have passed through U.S. airport security checkpoints in each of the past two days in a sign that public health pleas to avoid holiday travel are being ignored, despite an alarming surge in...

 

Twilio CEO discusses why pandemic lifted tech to new heights

SAN RAMON, Calif. (AP) — Twilio has emerged as a technological backbone for thousands of companies during the pandemic. Its users rely on its digital tools to connect with customers through mobile apps, call centers and messaging services as the...

 

Uber, hard-hit by pandemic, sells its robot-vehicle division

SAN RAMON, Calif. (AP) — Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic. Self-driving vehicle technology company Aurora will acquire th...

 

Salesforce buying work-chat service Slack for $27.7 billion

SAN RAMON, Calif. (AP) — Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. The...

 

Zoom reports big 3Q gains, but slowing growth sinks stock

SAN RAMON, Calif. (AP) — Zoom's videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build upon its recent success after a...

 

How Google evolved from 'cuddly' startup to antitrust target

SAN RAMON, Calif. (AP) — In Google's infancy, co-founders Larry Page and Sergey Brin reviled Microsoft as a technological bully that ruthlessly abused its dominance of the personal computer software market to choke off competition that could spawn...

 

Apple unveils new iPhones for faster 5G wireless networks

Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks, hoping that demand for higher data speeds will spark demand for new phones. That might not happen as quickly as Apple would like. In a virtual pres...

 

Samsung's new phones test consumer demand for pricey gadgets

Samsung aims to lift its sinking smartphone sales with three new models that will test consumer willingness to buy high-priced gadgets during the worst economic downturn since the Great Depression. The latest Galaxy phones, unveiled Wednesday during...

 

Ex-Google exec sent to prison for stealing robocar secrets

SAN RAMON, Calif. (AP) — A former Google engineer has been sentenced to 18 months in prison after pleading guilty to stealing trade secrets before joining Uber's effort to build robotic vehicles for its ride-hailing service. The sentence handed dow...

 

Zoom booms as pandemic drives millions to its video service

SAN RAMON, Calif. (AP) — Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the...

 

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