Theranos trial, day one: Lies vs. mistakes


Axios 09 September, 2021 - 05:00am 37 views

What is Elizabeth Holmes on trial for?

Theranos Inc. founder Elizabeth Holmes is facing a criminal trial in federal court in San Jose, Calif., on charges that she defrauded investors and patients by lying about the accuracy of her company's finger-prick blood-testing technology. The Wall Street JournalThe Trial of Elizabeth Holmes: Who’s Who in the Theranos Case

How old is Elizabeth Holmes?

Holmes, now 37 years old, faces a total of 12 charges—two counts of conspiracy to commit wire fraud and 10 counts of wire fraud—for allegedly engaging in a multimillion-dollar scheme to deceive investors, doctors and patients from 2010 to 2016 alongside Theranos' former COO Ramesh “Sunny” Balwani, with whom she was ... ForbesBoard Members, Billionaires And A Journalist: Here’s Who Elizabeth Holmes’ Lawyers Could Call To Testify

Where does Elizabeth Holmes live?

In mid-2019, Holmes and Evans married in a private ceremony. The couple lives in San Francisco. wikipedia.orgTheranos and Elizabeth Holmes

Windows 11 sure looks different, but under-the-hood performance improvements may make it feel different, too—specifically in how the operating system handles multiple apps, as well as how your PC resumes from sleep.

Microsoft detailed the new changes in a company video, where Steve Dispensa, vice president of enterprise management at Microsoft, explained how Windows 11 will deliver more performance in three different scenarios.

Take a PC with multiple applications running: email in the background, instant messaging, browsers with multiple tabs, and so on. A PC without much memory or CPU cycles available will run slowly, probably causing you to close an app or two to improve performance. In Windows 11, Microsoft promises that the way in which those apps are prioritized, called foreground prioritization, will make your PC feel faster even with a heavy load.

“Under the hood, we’ve done a lot of work in memory management to favor the apps running in the foreground so that they’re prioritized with more CPU and other system resources,” Dispensa said.

In Microsoft’s example, a PC already running a heavy load is asked to launch Word and Excel as well. Windows 11 allows that to happen without the user feeling like the PC is running slowly, Microsoft says.

In the above scenario, Dispensa showed how a Windows 11 system could open Word and Excel, while leaving a synthetic “heavy CPU” application running in the background. What Windows 11 does is steal CPU cycles from that background application, slowing it down and allocating them to the apps you’re using, instead.

Dispensa said that Windows 11 has reduced its storage footprint, too. For certain apps, like Sticky Notes, you won’t even download the app as part of Windows 11. Instead, it will be stored as a “stub,” and will only be downloaded and installed as necessary.

In January, Microsoft first introduced the concept of “sleeping tabs” as part of Microsoft Edge 88. As the name suggests, a “sleeping” tab is rendered inactive, and frees up system resources for other tabs to use. In Windows 10, and within Edge, the “sleeping tabs” feature is a feature that can be toggled on or off. Within the version of the Edge browser that ships with Windows 11, sleeping tabs will be on by default.

Within Windows 11, tabs will go to sleep after a set period of time—usually five minutes. By default, Edge will also “fade” sleeping tabs, so that they’ll visually blend into the background and leave the active tabs highlighted. Microsoft said originally that the sleeping tabs contributed to 32 percent less memory usage and 37 percent less CPU utilization. That should improve battery life, too, Dispensa said.

When you close your lid on your Windows 11 PC and it enters a sleep state, three things happen. First, your Windows 11 PC will keep your PC’s memory in a low-power but active state, so that it powers up immediately. As you lift the lid, Windows is optimizing the software’s “calls” to your PC’s hardware to access them more quickly. Finally, the CPU’s instruction threads are freeing up more resources to high-priority tasks, too, Dispensa said.

“This approach optimizes resume from sleep by 25 percent,” Dispensa said. “Most people, when they resume, will be almost instantaneous.” 

Code optimizations have also resulted in up to 30 percent more performance in Windows Hello for Business logins, as well, Dispensa added.

Want more? Microsoft’s full video is below.

As PCWorld's senior editor, Mark focuses on Microsoft news and chip technology, among other beats.

PCWorld helps you navigate the PC ecosystem to find the products you want and the advice you need to get the job done.

Read full article at Axios

The daily business briefing: September 9, 2021

WTHR 09 September, 2021 - 06:42am

Prosecutors told jurors Wednesday at the start of the trial of Elizabeth Holmes, founder of Theranos Inc., that she defrauded patients and investors to raise cash and keep the now-dissolved blood-testing startup afloat. "Out of time and out of money, Elizabeth Holmes decided to lie," said Robert Leach, an assistant U.S. attorney. Leach said Holmes, a Stanford University dropout who led the company to a $9 billion valuation before it imploded, falsely claimed the company's revolutionary technology could test for numerous health problems with drops of blood. Theranos' high-powered investors included former Education Secretary Betsy DeVos and Rupert Murdoch, executive chairman of News Corp., owner of The Wall Street Journal. Holmes' lawyers said she was a hardworking entrepreneur whose business simply failed, like many startups.

The Biden administration on Wednesday unveiled a plan to put the United States on a path to get nearly half its electricity from solar power by 2050. Meeting the goal would require major upgrades to the power grid, which currently gets less than 4 percent of its electricity from solar energy. The big jump roughly matches what most climate scientists say is necessary to avert the worst damage from climate change. The Energy Department said in a new report that the U.S. will have to double the solar energy equipment installed over the next four years, then double it again by 2030 to achieve the growth necessary to meet the long-term target. President Biden made reducing planet-warming emissions a focus of his campaign. He announced last month that he wants all new cars to be electric by 2030.

Treasury Secretary Janet Yellen on Thursday urged Congress to quickly raise the U.S. debt limit, warning that the economy could be severely damaged if lawmakers let the federal government run out of money. She said without action that could happen "during the month of October." A debt-limit standoff could cause uncertainty that will hurt financial markets, Yellen said. "We have learned from past debt limit impasses," the secretary wrote in a letter to congressional leaders, "that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States." 

U.S. stock index futures fell early Thursday ahead of weekly data on jobless claims. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all were down by about 0.3 percent several hours before the opening bell. The Dow and the S&P 500 fell by 0.2 percent and 0.1 percent on Wednesday, their third straight day of declines. The tech-heavy Nasdaq, which hit a record high on Tuesday, lost 0.6 percent as Facebook, Apple, Netflix, and Google-parent Alphabet shares all fell. Signs of labor-market turmoil caused by the coronavirus pandemic continued, as the Labor Department's Job Openings and Labor Turnover Survey showed there were two million more job openings than unemployed people in July.

Senate Majority Leader Chuck Schumer (D-N.Y.) said Wednesday that the Senate was "moving full-speed ahead" on President Biden's $3.5 trillion budget plan, rejecting a call from some Democrats to slow down the timeline. "We want to keep going forward. We think getting this done is so important," Schumer told reporters during a conference call. The statement came after moderate Sen. Joe Manchin (D-W.Va.) called for a "pause" in the push to pass the key component of Biden's economic and legislative agenda. "Instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget-reconciliation legislation," Manchin, who wants to trim the package to $1 trillion to $2 trillion, wrote in a Wall Street Journal op-ed.

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