• Elizabeth Holmes, one time billionaire and CEO, goes on trial

    Former Theranos CEO Elizabeth Holmes leaves after a listening to at a federal court docket in San Jose, California, July 17, 2019.

    Stephen Lam | Reuters

    Almost a decade in the past, Elizabeth Holmes was proclaimed the golden lady of Silicon Valley, and briefly topped America’s youngest feminine self-made billionaire.

    This week, she’ll stroll right into a San Jose federal courthouse with a really completely different picture: a defendant charged with fraud. 

    Federal prosecutors within the Northern District of California have accused Holmes and Ramesh “Sunny” Balwani, former Theranos president and for a time her romantic accomplice, of defrauding traders

  • After wobbly liftoff, Astra House rocket fails to achieve orbit as soon as once more

    Rocket builder Astra House on Saturday launched its first rocket because the firm went public. After a wobbly liftoff, the rocket failed to attain its aim of reaching orbit. 

    At liftoff, the rocket appeared to maneuver sideways slightly than straight up. Astra founder, chairman and CEO Chris Kemp instructed CNBC that a few second into the flight, one engine shut down. The corporate is presently investigating the rationale.

    Astra founder and Chief Know-how Officer Adam London added that the system carried out comparatively nicely beneath the circumstances. The rocket had enough thrust even with one engine out to very slowly

  • Amazon companions with Affirm for first purchase now, pay later partnership

    Amazon is diving into the purchase now, pay later area.

    The e-commerce big is teaming up with Affirm for its first partnership with an installment cost participant on the favored e-commerce web site.

    Affirm’s purchase now, pay later checkout possibility will probably be out there to sure Amazon prospects within the U.S. beginning Friday with a broader rollout within the coming months, the businesses stated in a press release. The partnership will let Amazon prospects break up purchases of $50 or extra into smaller, month-to-month installments.

    Affirm’s inventory spiked as a lot as 48% after-hours Friday on the information, including

  • Jan. 6 committee calls for data from Fb, Twitter, Google

    Fb and Twitter functions are seen on an Apple iPhone.

    Jaap Arriens | NurPhoto | Getty Photos

    The Home choose committee investigating the lethal invasion of the Capitol on Jan. 6 stated Friday that it’s demanding a trove of data from 15 social media firms, together with Fb, Twitter, Google and a slew of pro-Trump platforms.

    The requests for data stretching again to the spring of 2020 are associated to “the unfold of misinformation, efforts to overturn the 2020 election or forestall the certification of the outcomes, home violent extremism, and international affect within the 2020 election,” the committee stated

  • Samsung Galaxy Z Fold 3 assessment

    Samsung Electronics’ foldable smartphone Galaxy Z Fold3 is seen on this undated handout photograph launched to Reuters on August 11, 2021.

    Samsung Electronics | Reuters

    Samsung’s new folding telephone, $1,799 Galaxy Z Fold 3, launches on Friday. I used to be unimpressed with the primary two fashions, however after testing this one for 2 weeks, I form of adore it. There are nonetheless too many compromises for most individuals — significantly battery life and the thickness of the telephone when it is shut — and it is costly. However I’m more and more satisfied Samsung is on to one thing.

  • Alphabet Wing drones delivered 10,000 cups of espresso within the final 12 months

    Walgreens would be the first retailer within the U.S. to check an on-demand drone supply service with Wing in Christiansburg, Virginia subsequent month.

    Supply: Wing

    Alphabet’s drone firm Wing delivered 10,000 cups of espresso, 1,700 snack packs and 1,200 roast chickens to clients in Logan, Australia, over the past 12 months, the corporate mentioned Wednesday in a weblog put up outlining its progress.

    Wing was initially launched in 2019 in Australia, following a sequence of drone assessments that started in 2014. The service, which was initially a part of Alphabet’s experimental analysis division, permits customers to order gadgets comparable to