Month: November 2022

Theranos founder Elizabeth Holmes sentenced to more than 11 years for defrauding investors

Theranos founder was convicted on four counts of defrauding nearly $121m after her blood testing firm collapsed A federal judge has sentenced Theranos founder Elizabeth Holmes to more than 11 years in prison over her role in the blood testing firm that collapsed after its technology was revealed to be largely fraudulent. Holmes was convicted …

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‘Full-on robot writing’: the artificial intelligence challenge facing universities

AI is becoming more sophisticated, and some say capable of writing academic essays. But at what point does the intrusion of AI constitute cheating? Get our morning and afternoon news emails, free app or daily news podcast “Waiting in front of the lecture hall for my next class to start, and beside me two students …

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New YouTube king MrBeast: amateur poster who became $54m-a-year pro

Big-budget Jimmy Donaldson has overtaken PewDiePie to become the most subscribed person on the platform YouTube’s short 17-year history is one of human civilisation played on fast-forward. The first videos uploaded to the website were shabby, amateur productions from enthusiasts with cameras, made on a shoestring budget. Today, the most popular videos have eye-watering budgets …

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The grotesque inequality embodied by Musk, Bezos and Zuckerberg is a threat to democracy | Jeff Sparrow

Something’s wrong when basic infrastructure maintenance seems utopian, while the hare-brained schemes of tech oligarchs become routine Get our morning and afternoon news emails, free app or daily news podcast The higher the monkey climbs, the more he exposes his backside. So too with the super rich. Continue reading… Something’s wrong when basic infrastructure maintenance …

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Users urged to archive tweets amid rumors of Twitter implosion

People are wondering what parts of their online selves, loved ones and favorite celebrities to save in case the bird goes belly-up Amid ongoing fallout from Elon Musk’s takeover of Twitter, speculation of the platform’s imminent collapse is swirling – leaving users wondering what parts of their online selves they’ll get to keep. After Musk …

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Twitter ‘closes offices’ after Elon Musk’s loyalty oath sparks wave of resignations

The tech company is struggling to retain workers after Musk demanded employees sign a pledge to work harder Hundreds of Twitter employees refused on Thursday to sign a pledge to work “long hours at high intensity”, threatening the site’s ability to keep operating and prompting hurried debates among managers over who should be asked to …

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New FTX boss, who worked on Enron bankruptcy, condemns ‘unprecedented failure’

US corporate restructuring expert John Ray says ‘never in my career have I seen such a complete failure of corporate controls’ In a stinging court filing posted on Thursday John Ray III, the new boss of the bankrupt crypto exchange FTX, said the company had suffered an “unprecedented and complete failure of corporate controls”. Ray …

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Twitter user gets account back after ban for ‘intimate’ image of meteor

Oxfordshire astronomer was locked out for three months after apparent automated moderation error An astronomer who was blocked on Twitter for tweeting a picture of a meteor that was deemed to have breached guidelines on intimate content has had her account restored. Mary McIntyre’s account was locked three months ago after she tweeted a video …

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