-
Japan's busiest rail station tests robot bins
-
Russians vote as Ukraine war drags on for fifth year
-
Anthropic says AI systems moving towards building themselves
-
Backpackers fret over Australian visa crackdown
-
Asian stocks boosted by falling oil, yen weakens after BoJ rate hike
-
Most Asian stocks track Wall St rally, yen drops after BoJ rate hike
-
Pakistan court blocks expulsion of Afghan medical college students
-
Russians begin voting in controlled election as war drags on
-
Athletes 'can't take it any more' as Asian Games issues mount
-
Trump 'clearly' wants dialogue with Pyongyang: South Korean President
-
Allen lights up Bills' new stadium with 41-31 win over Lions
-
Bank of Japan hikes rates to 31-year high to battle inflation
-
Afghan medical students in Pakistan hope court stops college expulsions
-
Thailand's Muslim separatists vow to fight to the end
-
AI doomsday warnings unlikely to slow IPOs but questions linger
-
Mideast turmoil, AI set to dominate UN gathering of world leaders
-
ICC eyes China in bid to expand cricket
-
Australia to detain tourists who overstay visa, minister says
-
Nkunku craving freedom and fun on RB Leipzig return
-
Championship rivals brace for renewal of bitter feuds
-
Bhutan's traditional archers lose ground to development
-
In Brazil's Amazon, the hunt for oil fuels hopes and fears
-
Asian stocks track Wall St rally as oil prices drop
-
Australian athlete who soiled herself apologises for continuing Hyrox race
-
South Korea makes Asian Games complaint over Japan warlord ceremony
-
Baby orangutans in India expose 'frightening' scale of trafficking
-
US aid cuts are killing Kenyan sex workers
-
Doom Loop? Ed Sheeran struggles against Gaza tide
-
October 7 survivors, families take centre stage in Israel vote
-
Sudanese women hold fast to threatened henna body art
-
Captain Mat Ryan axed from Socceroos squad for Brazil games
-
Man Utd misery puts Carrick under pressure, Spurs feeling the heat
-
US approves sale of 48 F-35 jets to Saudi Arabia
-
Prized Mexican relic returns on loan, two centuries on
-
Staging Your Home for Sale: Cheap Upgrades That Make a Difference
-
GREE Chairperson Dong Mingzhu Honored by UNEP Cool Coalition for Leadership in Sustainable Cooling
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - September 18
-
SDLG Shines at bauma CONEXPO INDIA 2026, Opening a New Chapter in the Indian Market with Leading The Shift
-
DataMeds AI Litigation Settlement Extinguishes ~$19 million In Liabilities and Retires 364,099 Common Sharessked
-
Novarex Capital Partners Closes Second Financing Round With 16 Million Pounds Raised
-
The Records Company Announces Filevine and Litify Integrations to Simplify Record Retrieval for Law Firms
-
Juventus, Palace cruise to Europa League wins, Bournemouth beat Sociedad
-
Venezuela unblocks some censored news sites
-
Stocks climb as oil retreats, Fed calms inflation fears
-
Samba stars on debut in Man City rout of Norwich
-
Russians begin voting in controlled election as war drags
-
Oversight Board blasts 'inadequate' Meta safeguards for AI deepfakes
-
Hispanics feel 'betrayed' on immigration, Republican warns Trump
-
The Easter Island origins of buzzy Malkovich drama 'Wild Horse Nine'
-
High-scoring Bears face Vikings in battle of NFL unbeatens
Elizabeth Holmes sentenced to 11 years in prison for Theranos fraud
Fallen US biotech star Elizabeth Holmes was sentenced Friday to just over 11 years in prison for defrauding investors with her Silicon Valley start-up firm Theranos.
Holmes, who is pregnant, will not have to surrender herself until April next year, ordered US District Judge Edward Davila in a courtroom in San Jose, California.
The Theranos founder was convicted on four counts in January for persuading investors over 15 years that she had developed a revolutionary medical device before the company flamed out after an investigation by The Wall Street Journal.
The case became an indictment of Silicon Valley, and US federal prosecutors had sought a 15-year jail term for Holmes. She was sentenced to 135 months.
Moments before her sentencing, a tearful Holmes told the court: "I stand before you taking responsibility for Theranos. I loved Theranos. It was my life's work.
"I am devastated by my failings. Every day for the past years I have felt deep pain for what people went through because I failed them."
But US attorney Stephanie Hinds in a court filing argued that Holmes was "blinded by... ambition."
Holmes became a star of Silicon Valley when she said her now defunct start-up was perfecting an easy-to-use test kit that could carry out a wide range of medical diagnostics with just a few drops of blood.
At the time, Holmes often dressed soberly in black turtlenecks that evoked her hero, the late Apple icon Steve Jobs.
She sold investors on the idea that her invention would disrupt medical practice, replacing expensive lab tests with her cheap kits.
Her claims helped Theranos raise nearly one billion dollars without ever achieving meaningful revenue.
Holmes's meteoric rise and fast demise has been the subject of books, movies and a TV series that framed her story as a cautionary tale on the excesses of the tech industry that blindly followed a charismatic founder.
At one point, the Theranos board included former US defense secretary James Mattis and former US Secretaries of State, Henry Kissinger and the late George Shultz.
- 'Amazing things' -
Holmes was sentenced Friday by the same judge who presided over her long trial in a US court in the Silicon Valley city of San Jose.
Her partner, Billy Evans, who is the father of her 15-month-old son, and her mother, Noel Holmes, hugged her after she was handed her prison sentence.
Holmes's lawyer indicated she will appeal her conviction.
Lawyers for Holmes, 38, had asked for leniency, presenting her as a devoted friend who cares for a young child and has a second child on the way.
This was backed up by 140 letters of support filed to the court, including from her family, friends and a US senator.
"I am confident that on the other side of this, Elizabeth will do amazing things for society with her talents and boundless passion for changing the world for the better," said one letter.
That was in sharp contrast to descriptions given at her trial that painted her as an ambitious con artist who harassed her workers.
In a letter, Holmes's aunt, who was an early investor in Theranos, called on the court to give her a tough sentence, The Wall Street Journal reported.
Prosecutors want Holmes to pay $800 million in restitution to investors that included the Walton family of Walmart, the Walgreens chain of pharmacies and media mogul Rupert Murdoch.
A restitution hearing will be scheduled, although Holmes says she has no money to pay.
K.Hill--AT