Holmes' former partner gets nearly 13 years in Theranos case
A judge has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax — a sentence slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley’s biggest scandals.
Elizabeth Holmes gets more than 11 years for Theranos scam
Disgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.
Musk's partisan tweets call Twitter neutrality into question
Elon Musk used his Twitter megaphone to appeal to “independent-minded voters” on Monday, urging them to vote Republican in Tuesday’s U.S. midterm elections, stepping into the country’s political debate that tech company executives have for years worked to stay out of so their platforms wouldn’t be seen as favoring one side over the other.
Jury takes fraud case against Elizabeth Holmes's ex-partner
The fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley.
Judge says Fox News's parent company must face Dominion's defamation lawsuit because of Rupert Murdoch's alleged role in pushing election lies
Dominion argued that Rupert and Lachlan Murdoch "believed Fox News would benefit if it endorsed former President Trump's election fraud narrative."news.yahoo.com
Former New York Post digital editor sues Rupert Murdoch’s News Corp.
Michelle Gotthelf's lawsuit contains allegations that Murdoch's longtime lieutenant, Col Allan, allegedly propositioned her for sex and instructed her to 'get rid of' a story about a rape allegation against former President Trump.latimes.com
Jury in Elizabeth Holmes trial hears replay of her boasts
Jurors in the fraud trial of former Theranos CEO Elizabeth Holmes returned to the courtroom Thursday to listen to a replay of audio recordings that captured her brash promises about a vaunted blood-testing technology the propelled her meteoric rise and scandalous downfall.
Elizabeth Holmes takes the stand in her criminal fraud trial
Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients about her startup Theranos and its medical device that she said would reshape health care, unexpectedly took the witness stand Friday in her trial for criminal fraud.
Fox News CEO Suzanne Scott says 'I sleep well at night' and 'ignore the noise' despite lawsuits and criticism over the network spreading pandemic misinformation
Scott told The Hollywood Reporter that she follows the advice of Fox News founder Rupert Murdoch: "We have a lot to do, ignore the noise."news.yahoo.com
Former US defense secretary testifies in Holmes fraud trial
Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle.
Fallen tech star Elizabeth Holmes prepares to go on trial
Jury selection in the fraud trial of Theranos founder Elizabeth Holmes began Tuesday, casting a spotlight on the fallen Silicon Valley star now facing felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine.
Despite Outbreaks Among Unvaccinated, Fox News Hosts Smear Shots
Back in December, before the queen of England and the president-elect of the United States had their turns, media mogul Rupert Murdoch received a dose of a COVID-19 vaccine. Afterward, he urged everyone else to get it, too. Since then, a different message has been a repeated refrain on the prime-time shows hosted by Tucker Carlson and Laura Ingraham on Murdoch’s Fox News Channel — a message at odds with the recommendations of health experts, even as the virus’s delta variant and other mutationsnews.yahoo.com
"Poison for America": Former Fox exec slams network for promoting "false" Trump claims
Fox proprietor Rupert Murdoch "owes himself a better legacy than a news channel that no reasonable person would believe," former Fox executive Preston Padden wrote in an op-ed for the Daily Beast, published Monday.Why it matters: Padden was president of network distribution at the Fox Broadcasting Company for seven years and helped in the launch of Fox News, which he described in the article as "poison for America."Get market news worthy of your time with Axios Markets. Subscribe for free.What hnews.yahoo.com
Facebook signs pay deals with 3 Australian news publishers
(AP Photo/Richard Drew, File)CANBERRA – Facebook announced on Friday preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news. Facebook said letters of intent had been signed with independent news organizations Private Media, Schwartz Media and Solstice Media. Prime Minister Scott Morrison said the new Australian law was critical to the deals that Australian media businesses were negotiating with the two gateways to the internet. News Corp. Australia executive chairman Michael Miller said last week that his company had pay negotiations with Facebook. I think the door is still open,” Miller told a Senate inquiry into Australian media diversity.
Unfriended no more: Facebook to lift Australia news ban
Facebook said on Tuesday, Feb. 23, 2021, it lift its ban on Australians sharing news after a deal was struck on legislation that would make digital giants pay for journalism. Google also had threatened to remove its search functions from Australia because of the proposed law, but that threat has faded. Ad“There is no doubt that Australia has been a proxy battle for the world,” Treasurer Josh Frydenberg said. The legislation was designed to curb the outsized bargaining power of Facebook and Google in their negotiations with Australian news providers. “We’re restoring news on Facebook in Australia in the coming days.
Facebook makes a power move in Australia - and may regret it
"No company should have this much influence over access to journalism.”Facebook's move means people in Australia can no longer post links to news stories on Facebook. Outside Australia, meanwhile, no one can post links to Aussie news sources such as the Sydney Morning Herald. Facebook’s news blackout swept up many of these, including humanitarian organizations like Foodbank Australia and Doctors without Borders in Australia, who found their pages temporarily disabled. Analytics firm Chartbeat said the Facebook ban resulted in a 24% drop in overall traffic to Australian publishers by late Friday morning local time compared to 48 hours earlier. Facebook would have been better off if it had given Australians a choice to opt out of news, he suggested.
Australian leader urges Facebook to lift its news blockade
The blockade was a response to the passage of a bill by the House of Representatives on Wednesday night that would make Facebook and Google pay Australian media companies fair compensation for the journalism that the platforms link to. Google has responded by quickly working out licensing content deals with major Australian media companies under its own News Showcase model. Major Australian media organization Seven West Media also reached a deal earlier in the week. Frydenberg maintains that Facebook had been having constructive negotiations with Australian media on pay deals immediately before the surprise blockade. I think the door is still open,” Miller told a Senate inquiry into Australian media diversity.
EXPLAINER: What's up between Google, Facebook and Australia?
Now, Australia is joining France and other governments in pushing Google, Facebook and other internet giants to pay. Google, a unit of Alphabet Inc., has announced agreements to pay publishers in Australia while Facebook said Thursday it has blocked users in the country from viewing or sharing news. Facing a proposed law to compel internet companies to pay news organizations, Google has announced deals with Rupert Murdoch's News Corp. and Seven West Media. AdFrance is the first government to enforce the rules, but the decision suggests Google, Facebook and other companies will face similar requirements in other parts of the 27-nation trade bloc. Developments in Australia and Europe suggest the financial balance between multibillion-dollar internet companies and news organizations might be shifting.
Even without listening, US lives in Limbaugh’s media world
Limbaugh, the talk radio host who became the voice of American conservatism, has died. (AP Photo/Patrick Semansky, File)NEW YORK – You didn't have to like or even listen to Rush Limbaugh to be affected by what he did. Bumper stickers proclaimed, “Rush is Right.”“There is no talk radio as we know it without Rush Limbaugh. As Limbaugh's political strength became evident, many Republican politicians felt they couldn't cross him, or run the risk of alienating his millions of listeners, Hemmer said. “Many of these listeners didn't care if Rush Limbaugh crossed the line (of propriety),” she said.
Australian media law raises questions about 'pay for clicks'
It's a question dividing proponents and critics of the proposed Australian law: does it effectively make Google and Facebook “pay for clicks” and might it be the beginning of the end of free access? The battle is being watched closely in the European Union, where officials and lawmakers are drafting sweeping new digital regulations. Google contends the law does require it to pay for clicks. Google has reacted to the threat of compulsory arbitration by stepping up negotiations on licensing content agreements with Australian media companies through its own News Showcase model. Google has reached pay deals with more than 450 publications globally since it launched News Showcase in October.
In surprise move, Facebook blocks news access in Australia
“In response to Australian government legislation, Facebook restricts the posting of news links and all posts from news Pages in Australia. “Facebook’s actions were unnecessary, they were heavy-handed and they will damage its reputation here in Australia,” Frydenberg said. Major Australian media organization Seven West Media reached a deal earlier in the week. who have had their Facebook pages blocked, that’s a public safety issue,” Fletcher said. Some non-Australian outlets also appeared affected, with posts disappearing from Facebook pages belonging to Britain's Daily Telegraph and Sky News.
Shepard Smith leaves Fox News Channel
Shepard Smith, whose newscast on Fox News Channel seemed increasingly an outlier on a network dominated by supporters of President Donald Trump , abruptly quit after signing off his final newscast on Friday. On Thursday, the president cited Smith and Fox analysts Andrew Napolitano and Donna Brazile in a tweet that said, "Fox News doesn't deliver for US anymore. While he often angered many of Fox's conservative viewers, Smith's work was most prominently cited by the network when it received criticism for being too partisan. On his afternoon newscast, Smith had frequently given tough reports debunking statements made by Trump and his supporters even the Fox News opinion hosts that rule the network's prime-time lineup. Smith, 55, said he is not retiring, although his agreement with Fox will forbid him from working elsewhere "at least in the near future."chicagotribune.com
Heather Mills reaches settlement over phone hacking
(CNN) - Rupert Murdoch's News Group Newspapers has agreed to pay Heather Mills and her sister a "substantial" settlement over claims stemming from a decade-old phone hacking scandal. In 2011, British tabloid News of the World apologized for hacking the voicemails of celebrities, royals, murder victims and other high-profile figures. Most phone hacking cases involved the tabloid, but other UK newspapers have also settled cases. In a court statement, the sisters said they had experienced strange activity with their telephones between 1998 and 2008. "The defendants accepts that such activity should never have taken place and, that it had no right to intrude into the private lives of Mrs. Heather Mills or Ms. Fiona Mills in this way."