Silicon Valley (Calif)
Advanced E.V. Batteries Move From Labs to Mass Production
SAN JOSE, Calif. — For years, scientists in laboratories from Silicon Valley to Boston have been searching for an elusive potion of chemicals, minerals and metals that would allow electric vehicles to recharge in minutes and travel hundreds of miles between charges, all for a much lower cost than batteries available now. Now a few […]
Know MoreClosing Statements Begin in Trial of Elizabeth Holmes’s Ex-Boyfriend
For months, Ramesh Balwani’s lawyers have tried to distinguish him from Elizabeth Holmes, his former girlfriend and business partner at the failed blood-testing company Theranos. Ms. Holmes was found guilty of defrauding the start-up’s investors in January. Mr. Balwani is seeking a different outcome in his own fraud trial. But on Tuesday, in closing statements […]
Know MoreTech Start-Ups Reach a New Peak of Froth
Astonishing data for 2021 tell the story. U.S. start-ups raised $330 billion, nearly double 2020’s record haul of $167 billion, according to PitchBook, which tracks private financing. More tech start-ups crossed the $1 billion valuation threshold than in the previous five years combined. The median amount of money raised for very young start-ups taking on […]
Know MoreElizabeth Holmes is set to be sentenced on Sept. 26.
Elizabeth Holmes, the Silicon Valley start-up founder convicted of fraud this month, will be sentenced on Sept. 26, according to a court filing on Wednesday. Ms. Holmes, who was found guilty on three counts of wire fraud and one count of conspiracy to commit wire fraud, faces a maximum sentence of 20 years in prison […]
Know MoreThe Epic Rise and Fall of Elizabeth Holmes
Tech Nation’s host, Moira Gunn, has a master’s degree in computer science and a doctor of philosophy in mechanical engineering, but she was dazzled. “How old are you, Elizabeth?” she asked. “I’m 21,” Ms. Holmes said. Her age was brought up not to knock down her claims but to underline how impressive they were. “I’m […]
Know MoreJury in Elizabeth Holmes Trial Ends Fourth Day of Deliberations
SAN JOSE, Calif. — Jurors ended a fourth day of deliberations without a verdict on Monday in the fraud trial of Elizabeth Holmes, the founder of the failed blood testing start-up Theranos. Ms. Holmes, 37, faces 11 counts of wire fraud and conspiracy to commit wire fraud over charges that she lied about Theranos’s technology […]
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