The Elizabeth Holmes Courtroom Drama

Business

The New York Times 09 September, 2021 - 08:45am 41 views

When is Elizabeth Holmes trial?

The trial of Ms. Holmes will begin in 8/31/2021. Mr. Balwani's trial will begin in January 2022. Department of JusticeUS v. Elizabeth Holmes, et al.

Singer-songwriter’s second album of the year will arrive in October after being delayed this summer

Lana Del Rey has released a new song, “Arcadia,” which will appear on her upcoming album, Blue Banisters, out October 22nd.

Del Rey wrote and produced “Arcadia” with Drew Erickson. The song is set to steady piano and slow-rising horns, and opens with a vintage Del Rey line: “My body is a map of L.A./I stand straight like an angel, with a halo/Hanging out the Hilton Hotel windows/Screaming, ‘Hey baby, let’s go.’”

“Arcadia” also arrives with a music video, which Del Rey directed. The clip finds her performing the song in a nondescript room, eventually using added effects to project the Los Angeles skyline and the city’s tangle of highways onto her body (the end of the clip boasts some grainy home video-style footage and is set to a heavy trap beat with strings and trumpet).

Along with “Aradia,” Blue Banisters will include three other recent songs, “Text Book,” “Blue Banisters,” and “Wildflower Wildfire.” Blue Banisters — which Del Rey had planned to release in July before delaying it — will mark the singer-songwriter’s second album of the year, following Chemtrails Over the Country Club, which arrived in March.

In This Article: Lana Del Rey

Want more Rolling Stone? Sign up for our newsletter.

© 2021 Penske Media Corporation

These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.

Read full article at The New York Times

'A Failed Business Does Not Make a CEO a Criminal'

Newser 09 September, 2021 - 02:41pm

(Newser) – The fraud trial of Elizabeth Holmes got underway on Wednesday, and the Wall Street Journal notes that her defense team made a point to let the jury know Holmes is a new mom in opening statements. Attorney Lance Wade pointed out the father of the baby, partner Billy Evans, in the courtroom and noted that Holmes' mother, Noel Holmes, was in court, too. The 37-year-old Holmes faces up to 20 years in prison if convicted of defrauding investors and patients through her defunct blood-testing company, Theranos. Going to trial instead of taking a plea was a risky move for Holmes, who is expected to argue that her former boyfriend and business partner, Ramesh "Sunny" Balwani, manipulated and abused her and is primarily to blame for Theranos' troubles. His trial is scheduled for next year. Some highlights from opening statements:

Kaley Cuoco & Karl Cook’s Split: Source Reveals the Reasons Why They May Be Divorcing

msnNOW 09 September, 2021 - 01:10pm

A source is speaking out about Kaley Cuoco and Karl Cook‘s surprising divorce filing, revealing how Kaley is doing, and speculating what might have happened.

The source said that the 35-year-old actress “is doing fine.”

Click inside to read what else was said about their relationship…

The source added to People that Kaley and Karl, 30, “haven’t spent that much time together recently.”

“She has a big career and puts that first in her life. It’s basically a growing apart and each pursuing separate interests,” the insider continued. “She has a lot going on in her career now and loves her work. Their relationship is just following different paths. A marriage doesn’t work if you rarely see the other one.”

Karl is a lifelong equestrian with a thorough love of horses. His jumping career has picked up recently, and he did well over the summer,” a source added about Karl.

Fans noticed that Kaley made a big change to her Instagram this week.

Elizabeth Holmes' turtlenecks: Steve Jobs-inspired look became 'symbol of hubris'

MEAWW 09 September, 2021 - 01:10pm

Notifications can be turned off anytime from browser settings

© 2021 MEAWW All rights reserved

The Theranos founder's trademark look 'fooled everyone into assuming she was more brilliant than she was; a symbol of hubris rather than success'

Theranos founder Elizabeth Holmes is back in the news after her trial into 12 fraud charges began on Wednesday, September 8. The former Silicon Valley star was accused of lying and cheating by the prosecutors over her role at the now-defunct blood-testing firm which was once worth $9 billion. 

Holmes, who founded Theranos in 2003 at the age of 19, was dubbed the world's youngest self-made female billionaire and the "next Steve Jobs" due to her technology. However, in 2015, it emerged that her blood-testing devices did not work and that Theranos was doing most of its testing on commercially available machines made by other manufacturers.

She is accused of deceiving investors and patients after claiming that Theranos could detect common illnesses with just a finger prick. Holmes denies all the charges against her but could face up to 20 years in prison if found guilty. Her lawyers maintain that she was simply a naive businesswoman whose firm failed. "Failure is not a crime. Trying your hardest and coming up short is not a crime," Lance Wade, a lawyer for the defense, said in his opening statement on Wednesday.

Back in 2019, Holmes was the subject of two documentaries, the podcast 'The Dropout', and a Jennifer Lawrence movie. People became obsessed with Holmes' hair, her voice, and even her wardrobe, or the lack of it. Holmes' signature look had something to do with Steve Jobs - she favored black turtlenecks, which she claims to have worn exclusively since childhood. Many fashion watchers wondered if she was actually trying to send a message by her carefully calculated corporate fashion.

Back in 2014, someone who briefly worked with her recounted her uniform for Fortune: “During my four days at Theranos, Holmes dressed identically every day: black jacket; black mock turtleneck; black slacks with a wide, pale pinstripe; and black low-heel shoes," Refinery29 reported. Holmes told Glamour in 2015 that the turtleneck which almost became her "uniform" was completely intentional on her part.

“My mom had me in black turtlenecks when I was, like, eight," Holmes said. "I probably have 150 of these. [It's] my uniform. It makes it easy, because every day you put on the same thing and don't have to think about it—one less thing in your life. All my focus is on the work. I take it so seriously; I'm sure that translates into how I dress.”

However, in an interview on ABC’s podcast 'The Dropout', a former Theranos employee contradicted Holmes’ claim to be a lifelong fan of black turtlenecks. Theranos chief design architect Ana Arriola claimed Holmes didn’t start wearing them until she’d already founded Theranos.

“She would wear these frumpy Christmas sweaters, things you would only see during the holiday season,” said Arriola. “She was very curious about Steve’s attire, and I explained to her that he was inspired by Sony’s heritage of having Issey Miyake create a lot of the [Sony] line manager apparel. I think she went off and tracked down who Issey Miyake was, and the rest is couture history.”

Holmes' turtlenecks seemed to have been directly inspired by Apple founder's commitment to perfectionism. Holmes' obsession with Jobs even led her to hang a framed screenshot of his Apple Internet bio, “printed out on Aug. 24, 2011, the day he stepped down as CEO because of pancreatic cancer,” the one-time coworker told Fortune. She was reportedly so obsessed with owning the exact Issey Miyake black turtleneck Jobs wore in his iconic keynote presentations that she tracked down the collection and stocked up on the pieces which cost $270 a pop in 2017. 

Her sleek black turtlenecks, black blazers, and black trousers in addition to oversized suit jackets, and puffer vests, all became a part of the image she wanted to portray -- effortless seriousness -- that landed her on the covers of magazines and starring roles at events like the Forbes Most Powerful Women summit and let her embody the importance of the very life-saving technology, that albeit ended up being a fraud, she made her name on. 

But fashion experts have also labeled the black turtleneck a "false front" for Holmes, especially in the light of the accusations against her. Vanessa Friedman wrote in the New York Times: “In the same way that Gordon Gekko’s suspenders and Michael Milken’s toupee became symbols of their greed, Ms Holmes’s black turtleneck is starting to seem less a brilliant frame than a false front; a carefully calculated costume that fooled everyone into assuming she was more brilliant than she was; a symbol of hubris rather than success."

MEAWW is an initialism for Media Entertainment Arts WorldWide. We are one of the world’s fastest growing media-tech companies with hubs around the world. MEAWW brings you the best content from its global team of reporters on a platform technologically tailored to meet the needs of the modern reader.

Business Stories