Elon Musk tells Twitter he wants out of his deal to buy it

Elon Musk tells Twitter he wants out of his deal to buy it

A lawyer representing Musk claimed in a letter to Twitter’s top lawyer that he is ending the deal because Twitter (TWTR) is “in material breach of multiple provisions” of the original agreement, which was signed in April, according to a regulatory filing Friday evening. Musk has for weeks expressed concerns, without any apparent evidence, that … Read more

Sunny Balwani trial: Former Theranos COO is guilty of federal fraud

Sunny Balwani trial: Former Theranos COO is guilty of federal fraud

Jury deliberations stretched for four full days following a lengthy trial that got underway in March with opening statements. A jury of five men and seven women determined that Balwani had defrauded both patients and investors, finding him guilty on all 12 charges he faced, which included ten counts of federal wire fraud and two … Read more

The rise and fall of Elizabeth Holmes: A timeline

The rise and fall of Elizabeth Holmes: A timeline

Their trials marked the final chapter for Theranos, a startup once valued at $9 billion and lauded for its promise to upend the healthcare industry. Theranos claimed its technology could accurately and efficiently test for conditions like cancer and diabetes with just a few drops of blood. With that promise, it attracted $945 million in … Read more

Elon Musk reportedly had twins with Neuralink executive

Elon Musk reportedly had twins with Neuralink executive

Musk, who posted a tweet on May 24 saying “USA birth rate has been below min sustainable levels for ~50 years” and pinned it to the top of his more than 100 million-follower Twitter account, quietly fathered the children with Shivon Zilis, who works for Musk at the company which hopes to develop an implantable … Read more

Amazon partners with Grubhub to offer Prime customers meal delivery perks

Amazon partners with Grubhub to offer Prime customers meal delivery perks

The deal, announced Wednesday, will give Amazon (AMZN)‘s paying subscribers the option to sign up for a free one-year Grubhub+ membership (normally $9.99 a month) and receive unlimited free deliveries when they order from restaurants listed on the service. At the same time, Amazon could become a stakeholder in Grubhub’s business. Amazon has the option … Read more

Technoblade, Minecraft YouTuber watched by millions, dead at 23

Technoblade, Minecraft YouTuber watched by millions, dead at 23

In a YouTube video entitled “so long nerds,” the content creator’s father shared a final message from his son with his subscribers. “Hello everyone, Technoblade here,” the message began. “If you’re watching this. I am dead.” In the video, Technoblade, who has kept his identity a secret, revealed that his real name was Alex. He … Read more

Oslo gay bar shooting won’t stop fight for equal rights, Norway’s prime minister says

Oslo gay bar shooting won't stop fight for equal rights, Norway's prime minister says

OSLO, June 26 (Reuters) – The deadly rampage by a gunman at a gay bar and another venue in central Oslo on Saturday will not put an end to the fight for the rights of all individuals to live a free and safe life, Norwegian Prime Minister Jonas Gahr Stoere said on Sunday. Police on … Read more

Bitcoin recovers, climbs 7.6% to pass $20,400

Bitcoin recovers, climbs 7.6% to pass $20,400

A view of a representation of cryptocurrency Bitcoin plunging into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register June 19 (Reuters) – Bitcoin on Sunday rose around 7.6% to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday. Bitcoin, … Read more

Crypto contagion fears spread after Celsius Network freezes withdrawals

Crypto contagion fears spread after Celsius Network freezes withdrawals

WASHINGTON, June 13 (Reuters) – Bitcoin fell as much as 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” market conditions, in the latest sign of the financial market downturn hitting the cryptosphere. The Celsius move triggered a slide across cryptocurrencies, with their value dropping below $1 … Read more