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Theranos founder Elizabeth Holmes jailed for fraud

Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing startup that was once valued at $9bn (£7.5bn).

Latest Business

Elon Musk completes $44bn Twitter takeover

Elon Musk has completed his $44bn (£38.1bn) takeover of Twitter, according to a number of media reports and an investor in the firm.

Elon Musk sends $68 billion tweet ​

The Tesla CEO sent out a tweet to advertisers which seemed to confirm the $68 billion deal.

Foot Locker Pulls Yeezys From Stores, Websites

Other stores and boutiques have already removed Adidas Yeezy sneakers as well

Yeezy products removed, Gap says, shuts down YeezyGap website

Adidas and Gap dropped Ye over his antisemitic remarks

Adidas terminates partnership with Ye

Adidas has partnered with West since 2013,

Apple raises prices of TV and music streaming subscriptions

iPhone maker is the latest digital platform to do so as services become increasingly important to its bottom line

Netflix reveals surprising new results

Netflix has been on a downward trend all year, losing subscribers and wiping billions off its value. Today’s results were surprising.

Kanye West to Buy Parler, Joining Crowd of Right-Wing Social Media

The social media service announced the deal days after Twitter and Instagram restricted the rapper and entrepreneur’s accounts for violating their terms.

US-OPEC oil controversy spotlights Saudi Arabia ties - analysis

OPEC is an intergovernmental organization founded in 1960 in Baghdad, and their decision to cut oil production is seen as potentially upsetting the US mid-term elections

OPEC+ to cut oil production by 2 million barrels a day next month

Move by alliance will boost sagging crude prices

Elon Musk Proposes Closing Twitter Deal on Original Terms

An agreement would allow the social-media company and the billionaire to avert a high-stakes trial that was set to start soon

Trump launches $700m ‘Hitler’ lawsuit

Former US president Donald Trump has launched a monolithic case against CNN for defamation, seeking $475 million (A$732 million) in punitive damages.

Apple Music to Replace Pepsi as Sponsor of NFL’s Super Bowl Halftime Show

Tech company signed a multiyear deal with the NFL; the league hasn’t announced who will perform at the next halftime show

Trump, family members sued by New York AG Letitia James, accused of massive fraud

James said Trump "falsely inflated his wealth by billions of dollars" to enrich himself and his family.

Kanye West Tells Gap He Is Terminating Partnership

Designer says retailer hasn’t opened promised stores and was too slow to make items available at brick-and-mortar locations

Twitter doubles down on Musk sale

Shareholders vote in favor of $44 billion takeover, even as Elon Musk seeks to cancel it

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