Theranos CEO Elizabeth Holmes charged with criminal fraud

June 16, 2018

Federal prosecutors indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also brought charges against the company’s former second-in-command. Holmes, who was once considered a wunderkind of Silicon Valley, and her former Chief Operating Officer Ramesh Balwani, are […]

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Comcast challenges Disney with $65B bid for Fox

June 13, 2018

Comcast made a $65 billion bid Wednesday for Fox’s entertainment businesses, setting up a battle with Disney to become the next mega-media company. The bid comes just a day after a federal judge cleared AT&T’s takeover of Time Warner and rejected the government’s argument that it would hurt competition in cable and satellite TV and […]

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Federal judge approves AT&T-Time Warner merger

June 12, 2018

A federal judge approved the $85 billion mega-merger of AT&T and Time Warner on Tuesday, a move that could usher in a wave of media consolidation while shaping how much consumers pay for streaming TV and movies. U.S. District Judge Richard Leon green-lit the merger without adding major conditions to the deal. The Trump Justice […]

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WATCH: Facebook bug causes millions of users’ private posts to be made public

June 8, 2018

Now Playing: Facebook announces new privacy settings Now Playing: Facebook reveals new features amid privacy concerns Now Playing: Facebook mired in new privacy scandal Now Playing: ‘It was my mistake’: Facebook CEO speaks out on privacy scandal Now Playing: Facebook bug causes millions of users’ private posts to be made public Now Playing: Honolulu to […]

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