Tag: Silicon Valley
Effects and risks: Can a domino effect be prevented after the SVB bankruptcy?
Impact and Risks Can a domino effect be prevented after the SVB bankruptcy? 03/13/2023 6:37 p.m The collapse of the Silicon Valley Bank in the USA caused unrest around the…
Clear cut at tech companies: Silicon Valley is mercilessly making cuts
The wave of layoffs at large US technology companies is unstoppable. After years of growth, companies are preparing for lean times – and evicting thousands of employees. But that doesn’t…
18,000 jobs gone: Amazon announces job cuts
18,000 jobs gone Amazon announces job cuts 01/05/2023 04:39 am After the hiring offensive of recent years, Amazon is followed by a wave of layoffs. And it is taking on…
Long prison for blood test fraud: Theranos founder Holmes appeals
Long prison sentence for blood test fraud Theranos founder Holmes is appealing 12/06/2022, 5:15 am Elizabeth Holmes is to be jailed for 11 years for massively defrauding investors with her…
Public shaming with Climate Trace: Do climate sinners belong in the environmental pillory?
Public shaming is not without controversy, but it happens more often than you think: in Slovenia there is an online pillory for tax evaders, in the USA for people who…
Bind CO2 with stones?: “That would be mining as big as the coal industry”
The US climate startup Vesta wants to suck CO2 out of the atmosphere by accelerating the natural weathering process of rock. A tempting idea, with prominent financiers: Google, Facebook, Shopify…
Verdict in Theranos scandal: Court finds Holmes’ ex-partner guilty
Judgment in the Theranos scandal Court finds Holmes’ ex-partner guilty 7/8/2022 5:32 am Elizabeth Holmes and Ramesh Balwani have not only been in a private relationship for a long time,…
Balancing act of the multi-billionaire: Elon Musk – do-gooder or troll?
Balancing act of the multi-billionaire Elon Musk – do-gooder or troll? From Sarah Platz 6/6/2022, 3:01 p.m Elon Musk wants to change the world. With Tesla and SpaceX he is…
Questionable corporate culture: Why the Theranos scandal is not an isolated incident
In the battle for investor money, it is not uncommon for young companies to cheer their product. Before her crash, Elizabeth Holmes also consistently claimed that her blood test startup…
“All savings used”: Ex-Superstar Holmes defends himself in court
Saturday 20th November 2021 “All savings used” Ex-superstar Holmes defends himself in court At the age of 19, Elizabeth Holmes founded her own blood testing company and became a billionaire.…
Hyped founder in court: prosecutor accuses Holmes of lying
Thursday, September 09, 2021 Hyped founder in court Prosecutor accuses Holmes of lying “When she ran out of money and time, Elizabeth Holmes decided to lie.” The allegations weigh heavily:…
Fallen billionaire: star founder Holmes faces long imprisonment
Tuesday, August 31, 2021 Fallen billionaire Star founder Holmes faces long imprisonment She has long been one of the biggest stars in Silicon Valley, a billionaire in her mid-twenties and…