Silicon Valley

Fraud trial against Elizabeth Holmes’ partner at Theranos nears end
Health

Fraud trial against Elizabeth Holmes’ partner at Theranos nears end

SAN JOSE, Calif. — In a harshly worded closing argument, prosecutors on Tuesday said former Theranos COO Ramesh “Sunny” Balwani “wasn’t a victim, he was the perpetrator of fraud” in the company’s downfall, while his attorney blasted the government’s case calling it inconsistent. The closing statements capped a three-month-long trial where the government alleged Balwani […]

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London is looking to tap the deep pockets of Silicon Valley
World

London is looking to tap the deep pockets of Silicon Valley

Mayor of London Sadiq Khan hopes to convince U.S. tech firms to invest more in London. Leon Neal | Getty Images Sadiq Khan, the mayor of London, traveled to California as part of a trade mission to try to convince Silicon Valley tech leaders to invest more money in the U.K. capital. On Tuesday, Khan […]

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Theranos saga returns to courtroom as Holmes’ top deputy Balwani set for criminal trial
Health

Theranos saga returns to courtroom as Holmes’ top deputy Balwani set for criminal trial

Sunny Balwani, former president and chief operating officer of Theranos Inc., leaves federal court in San Jose, California, Oct. 2, 2019. Michael Short | Bloomberg | Getty Images He was the man behind the lab curtain at blood-testing start-up Theranos. Now he takes center stage in his own criminal fraud case. Opening arguments in the […]

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