Theranos was the company that pretended to have a blood testing device that they didn't have - in 2016 they went from about $9B to zero in market value in a few months
link is to a story giving background, the trial will likely last at least a month as there are hundreds of witnesses including Theranos employees, clients and investors
Posted by: Lord Garth ||
09/09/2021 00:00 ||
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#1
...Ms. Holmes appears to have been a smart grifter par excellence, but came up short when it was time to end the con and make a run for Costa Rica or some other non-extradition site. Interestingly, she's also rather nicely changed her persona from quirky/weird tech supergenius to abused significant other in the hopes the jury will blame her ex for all this instead of her.
Really not seeing that; she fleeced way too many powerful folks. So sorry Liz, but yer takin' the fall too. Thanks for playing, and as a parting gift here's a case of Rice-a-Roni, the San Francisco treat...
Mike
Posted by: Mike Kozlowski ||
09/09/2021 6:09 Comments ||
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#2
An upscale Reality Winner, but as for taking the fall. We shall see what we shall see.
#3
Meanwhile, former Theranos executive Ramesh 'Sunny' Balwani, is scheduled to be tried separately on the same fraud and conspiracy charges in January.
#5
She made a fool of every single "deep state" connected person that went on the Theranos board or backed her financially. And I'd imagine that "female Steve Jobs" thing has left a bad taste in the mouths of people who consider SJ a kind of saint.
Posted by: M. Murcek ||
09/09/2021 11:56 Comments ||
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#6
Just an over-ambitious, strait A, female student. If she went for professorship, instead of $$$, she'd be widely respected.
#1
Portland State University - Profile, Rankings and Data | US News https://www.usnews.com ›
Portland State University is ranked #284
University of Oregon is ranked #103
Both are woke. Neither is worth the tuition.
#1
Driving a boat in a narrow, shallow channel is one of the more difficult jobs in boat handling. The water 'push' can't spread out, so when it squirts along the hull, it creates suction and pulls you towards the bank. You'd think that the Suez would require tugs (but they don't).
Posted by: ed in texas ||
09/09/2021 17:29 Comments ||
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#4
Once its on the net the courts have ruled many times it is PUBLIC INFORMATION and does not require a warrant.
Additional Food for Thought
Many companies and yes the Fed's now include Social Media data in their Background Checks. Just look at some of the stuff put online by Gen-X'ers and then ask yourself.
Would you want that working around US National Security Data or your companies proprietary projects?
#5
It is the same thing as collecting a phone number on a police report. Many street folks do not pay to keep a phone, but they all seem to have a facebook messenger account. This is the modern day way of contacting young people.
And yes, it is the intent of "social media" to be public info unless the owner wisely selects their setting to protect themselves. You also have to have a search warrant (probable cause of a crime) to collect info that is not public facing.
#7
Has anyone else seen the commercials trying to recruit ppl for the NSA? Little off topic but I thought that was a weird way to recruit for an "intelligence" agency.
Posted by: Chris ||
09/09/2021 8:57 Comments ||
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#8
I figured this is just a way to make sure none of the cops do any actual, you know, police work.
Posted by: ed in texas ||
09/09/2021 10:09 Comments ||
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#3
You know how a certain % of cops die in car accidents? That's from participating in high speed chases. You want cops that risk their lives to arrest criminals? You're gonna get stuff like this as a consequence. The racial BS is a lie. Blacks commit more crimes and they run from the cops and kill cops at a higher rate.
For these former Police Officers - AKA + ---} Announce your expletives +
+ POS (Pieces Of Shit) already taken
Bottom Line
Police Chief Bob Ticer said in a statement that 'there is no excuse, under any circumstances, for what happened to Ms. Garner'
IMO (in my opinion) money does not soothe the physical & emotional pain & suffering this hepless person has suffered.
As a former Legal Guardian of two people who suffered and died of Dementia - My Mother & My Wife - YOU have no understanding of this End of Life. Pray This does not happen to YOU.
#3
IMO (in my opinion) money does not soothe the physical & emotional pain & suffering this hepless person has suffered.
The fallen soldiers, sailors, airmen, and marines families get $250K of Servicemen's Group Life Insurance (which comes from monthly deductions from their paychecks) with another $150K thrown in from the government. It's called perspective.
#Ethiopia | At least 125 villagers were massacred in the #Amhara region earlier this month, doctors and local officials told AFP Wednesdayhttps://t.co/DwHzulEolX
Direct Translation via Google Translate. Edited.
[REGNUM] The body of the fifth victim of an explosion in a residential building in the city of Noginsk, Moscow region, was found by rescuers, the press service of the EMERCOM of Russia in the region reported on September 9.
Follow the developments in the broadcast: "Gas explosion in a residential building in Noginsk - broadcast"
Another 15 people are listed as injured, and two are missing.
As reported by IA REGNUM , on September 8, the governor of the Moscow region, Andrei Vorobyov, promised that the regional authorities will reimburse the residents of the house in Noginsk, which suffered from the explosion, if they decide to rent a house for a while.
#NorthKorea appears to have staged a night-time military parade of a type it has used in the past to unveil new military hardware including large ballistic missiles, #SouthKorea and other media focused on the country reported on Thursday.https://t.co/SkcWt8FhPk
This torpedo has been headed toward the SS Xi for a while now but has just been spotted by the financial press. All hands to the pumps!
[Yahoo] Chinese housing giant Evergrande is one of the country's largest and most indebted private conglomerates, teetering on the brink of bankruptcy after years of rapid growth and a buying spree. Crippled with debt, the firm's Hong Kong-listed shares have collapsed this year on mounting fears for its financial health.
Any possible bankruptcy of the group -- which claims to employ 200,000 people and indirectly generate 3.8 million jobs in China -- would have major repercussions on the country's economy, and possibly the world. I have no idea, but that statement seems plausible. The overall question is how stable the CCP economy is, and the follow-on question is whether domestic economic problems will make Xi more adventurous in foreign affairs. Nothing like a good war to distract the masses.
Evergrande has increased acquisitions in recent years, taking advantage of the frenzy in real estate. The group said this week its total liabilities had swelled to 1.97 trillion yuan ($305 billion) and warned of "risks of defaults on borrowings".
Any bankruptcy would have major repercussions on the world's number-two economy.
Meanwhile, under new rules, Evergrande can no longer sell any property until it has formally finished building it -- ending a practice of pre-sales that the group has largely used to finance itself and keep its activities afloat.
However, analysts believe which is the financial press equivalent of "experts tell CNN"
that regardless of the group's troubles, there is a slim chance that Beijing would allow such a behemoth to go to the wall-- instead pushing it to drive down debt and applying pressure for it to reduce its exposure. Beijing "will not let Evergrande go bankrupt", say analysts at US-based SinoInsider, believing it would have "a huge impact on the regime" and its stability. We've had the "Bernanke Put", now we're going to have the "Xi Put". Of course, Bernanke never actually had anyone shot.
Posted by: Matt ||
09/09/2021 00:00 ||
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#1
The Chinese financial and larger economic picture only becomes clear once you accept the fact that none of their numbers are real and coincidentally there is no real way for an outsider or even an insider to track anything down.
#2
Chinese apartment complexes start with a sales office. They sell all the apartments before the first brick is ever laid. Once all the money has been collected they begin construction. Two years later the apartments are handed over to the owners, who then take another year to furnish their apartments (bare concrete walls with pipes sticking out) and allow the construction materials to outgas. 4-5 years after purchase, they move in.
#3
In Singapore a sizable number of Built to order(BTO) were stopped as the subsidiary went bankrupt several weeks ago and was wound up.
So there'll an additional 2year delayvto finish them
[EN.ALGHADEERTV.NET] When Facebook acquired WhatsApp, it promised to respect the privacy of its users. That hasn’t been the case, and the firm now employs thousands of staff to read supposedly encrypted chats.
Social media behemoth Facebook acquired WhatsApp in 2014, with CEO Mark Zuckerberg promising to keep the stripped-down, ad-free messaging app “exactly the same.” End-to-end encryption was introduced in 2016, with the app itself offering on-screen assurances to users that “No one outside of this chat” can read their communications, and Zuckerberg himself telling the US Senate in 2018 that “We don’t see any of the content in WhatsApp.”
Allegedly, none of that is true. More than a thousand content moderators are employed at shared Facebook/WhatsApp offices in Austin, Texas, Dublin, Ireland, and Singapore to sift through messages reported by users and flagged by artificial intelligence.
Based on internal documents, interviews with moderators, and a whistleblower complaint, ProPublica explained how the system works in a lengthy investigation published on Wednesday.
When a user presses ‘report’ on a message, the message itself plus the preceding four messages in the chat are unscrambled and sent to one of these moderators for review. Moderators also examine messages picked out by artificial intelligence, based on unencrypted data collected by WhatsApp. The data collected by the app is extensive and includes:
“The names and profile images of a user’s WhatsApp groups as well as their phone number, profile photo, status message, phone battery level, language and time zone, unique mobile phone ID and IP address, wireless signal strength and phone operating system, as a list of their electronic devices, any related Facebook and Instagram accounts, the last time they used the app and any previous history of violations.”
These moderators are not employees of WhatsApp or Facebook. Instead, they are contractors working for $16.50 per hour, hired by consulting firm Accenture. These workers are bound to silence by nondisclosure agreements, and their hiring went unannounced by Facebook.
Likewise, the actions of these moderators go unreported. Facebook releases quarterly ‘transparency reports’ for its own platform and subsidiary Instagram, detailing how many accounts were banned or otherwise disciplined and for what, but does not do this for WhatsApp.
Many of the messages reviewed by moderators are flagged in error. WhatsApp has two billion users who speak hundreds of languages, and staff sometimes have to rely on Facebook’s translation tool to analyze flagged messages, which one employee said is “horrible” at decoding local slang and political content.
Aside from false reports submitted as pranks, moderators have to analyze perfectly innocent content highlighted by AI. Companies using the app to sell straight-edge razors have been flagged as selling weapons. Parents photographing their bathing children have been flagged for child porn, and lingerie companies have been flagged as forbidden “sexually oriented business[es].”
“A lot of the time, the artificial intelligence is not that intelligent,” one moderator told ProPublica.
WhatsApp acknowledged that it analyzes messages to weed out “the worst” abusers, but doesn’t call this “content moderation.”
Posted by: Fred ||
09/09/2021 00:00 ||
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#4
Years ago a cousin who supposedly worked for the Camarena's in Nawlins shared a gem of thought: "Never say anything to people that you would hate to hear repeated to a grand jury."
Another cousin at the table, a cop, agreed.
Posted by: ed in texas ||
09/09/2021 17:08 Comments ||
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#5
Best advice: "Write every memo assuming that an office enemy will try to use it to ruin you."
[FoxBusiness] Cascade Investment is buying about half of Saudi Arabian Prince Alwaleed bin Talal's stake.
While the prince owns stakes in many companies such as Citigroup Inc (C.N) and ride-hailing firm Lyft Inc (LYFT.O), his investment firm has been selling its stakes in hotels over the last 10 years.
Prince Alwaleed was freed in early 2018 after being held at Riyadh's Ritz-Carlton Hotel with scores of royals, senior officials and businessmen as part of Saudi Arabia's anti-corruption drive.
Separately, Kingdom Holding said it would use the cash proceeds from the divestment for future investment and pay down a part of outstanding loans. (https://bit.ly/3jTtUGn)
Cascade declined to comment beyond the press release. The firm first invested in Four Seasons in 1997.
The hotel operator, which manages 121 properties and has over 50 projects in the pipeline, was taken private a decade later by a consortium led by Cascade, Prince Alwaleed and the hotel chain's founder Isadore Sharp.
[BBC] Doctors, scientists, intelligence agents and government officials have all been trying to find out what causes "Havana syndrome" - a mysterious illness that has struck American diplomats and spies. Some call it an act of war, others wonder if it is some new and secret form of surveillance - and some people believe it could even be all in the mind. So who or what is responsible?
It often started with a sound, one that people struggled to describe. "Buzzing", "grinding metal", "piercing squeals", was the best they could manage.
Havana syndrome first emerged in Cuba in 2016. The first cases were CIA officers, which meant they were kept secret. But, eventually, word got out and anxiety spread. Twenty-six personnel and family members would report a wide variety of symptoms. There were whispers that some colleagues thought sufferers were crazy and it was "all in the mind".
Five years on, reports now number in the hundreds and, the BBC has been told, span every continent, leaving a real impact on the US's ability to operate overseas.
Since its emergence around World War Two, there had been reports of people being able to hear something when a nearby radar was switched on and began sending microwaves into the sky. This was even though there was no external noise. In 1961, a paper by Dr Allen Frey argued the sounds were caused by microwaves interacting with the nervous system, leading to the term the "Frey Effect". But the exact causes - and implications - remained unclear.
Robert W Baloh, a Professor of Neurology at UCLA, has long studied unexplained health symptoms. When he saw the Havana syndrome reports, he concluded they were a mass psychogenic condition. He compares this to the way people feel sick when they are told they have eaten tainted food even if there was nothing wrong with it - the reverse of the placebo effect. "When you see mass psychogenic illness, there's usually some stressful underlying situation," he says. "In the case of Cuba and the mass of the embassy employees - particularly the CIA agents who first were affected - they certainly were in a stressful situation."
[MAIL] French astronaut Thomas Pesquet said 'the smell of burning plastic or electronic equipment' wafted to the US segment of the station, Russian state news agency RIA Novosti reported, citing a NASA broadcast.
The Russian crew turned on a filter and after the air was cleaned up the astronauts went back to sleep, Roscosmos said.
The space agency said that a planned spacewalk would go ahead as scheduled.
'All systems are operating normally,' Roscosmos said following the smoke alarm. "The lamb chops are done!"
[EN.ALGHADEERTV.NET] Philippine President Rodrigo Duterte on Wednesday accepted his party’s nomination to run for vice president in next year’s election, forging ahead with a plan criticized by rivals as a cynical move to maintain his political power.The mercurial leader, 76, is barred by the constitution from seeking a second term and his interest in the largely ceremonial post has been dismissed by opponents as a bid to stay in office to avoid potential legal action at home or abroad.
But Duterte, who has always portrayed himself as a reluctant leader, said his decision was driven by the love of country. "That Putin feller did the same thing"
"It is really because I want to see the continuity of my efforts even though I may not be the one giving direction, I might be able to help," Duterte said.
Political vendettas are common in the Philippines and several former leaders, who lose their immunity of office, have been prosecuted and even placed in durance vile Drop the heater, Studs, or you're hist'try! after changes in power.
A prosecutor at the International Criminal Court in the Hague is seeking to investigate the firebrand ...firebrands are noted more for audio volume and the quantity of spittle generated than for any actual logic in their arguments... leader over thousands of killings in his notorious "war on drugs."
Experts believe Duterte, a maverick leader famous for his embrace of China and disdain for all the United States, could be making a play for retaining power by taking over as president under a scenario in which his successor resigns.
Duterte had urged senator and closest loyalist Christopher "Bong" Go to succeed him, but Go declined the party’s presidential nomination on Wednesday, saying his "heart and mind are focused on serving people."
The PDP-Laban party said it wants to Go to change his mind.
"We know he is competent and qualified to run," bigwig Melvin Matibag told a media briefing.
Go’s declining of the nomination leaves open the possibility of Duterte’s daughter running for the presidency.
Sara Duterte Carpio, 43, who replaced her father as mayor of Davao City and belongs to a different party, has given mixed messages about running, despite every opinion poll this year putting her as the number one presidential prospect.
Posted by: Fred ||
09/09/2021 00:00 ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
[EN.ALGHADEERTV.NET] When Facebook acquired WhatsApp, it promised to respect the privacy of its users. That hasn’t been the case, and the firm now employs thousands of staff to read supposedly encrypted chats.
[MAIL] French astronaut Thomas Pesquet said 'the smell of burning plastic or electronic equipment' wafted to the US segment of the station, Russian state news agency RIA Novosti reported, citing a NASA broadcast.
