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Keyword: technology

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  • Theranos and David Boies Cut Legal Ties

    11/19/2016 12:07:29 AM PST · by CorporateStepsister · 13 replies
    The Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Theranos and David Boies Cut Legal Ties

    11/18/2016 11:53:04 PM PST · by CorporateStepsister · 7 replies
    Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Why is Elizabeth Holmes still leading Theranos?

    11/18/2016 11:38:20 PM PST · by CorporateStepsister · 25 replies
    San Francisco Business Times ^ | Nov 18, 2016, 1:40pm PST | Ron Leuty Reporter San Francisco Business Times
    It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...
  • Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

    11/18/2016 12:05:55 AM PST · by CorporateStepsister · 26 replies
    Zero Hedge ^ | Nov 17, 2016 7:20 PM | by Tyler Durden
    2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...
  • Theranos Whistleblower Shook the Company—And His Family

    11/16/2016 6:06:29 PM PST · by CorporateStepsister · 18 replies
    Wall Street Journal ^ | November 16 2016 | By John Carreyrou
    After working at Theranos Inc. for eight months, Tyler Shultz decided he had seen enough. On April 11, 2014, he emailed company founder Elizabeth Holmes to complain that Theranos had doctored research and ignored failed quality-control checks. The reply was withering. Ms. Holmes forwarded the email to Theranos President Sunny Balwani, who belittled Mr. Shultz’s grasp of basic mathematics and his knowledge of laboratory science, and then took a swipe at his relationship with George Shultz, the former secretary of state and a Theranos director. “The only reason I have taken so much time away from work to address this...
  • After 20 Minutes of Listening, New Adobe Tool Can Make You Say Anything

    11/07/2016 9:03:22 AM PST · by Ciaphas Cain · 19 replies
    Motherboard ^ | November 5, 2015 | Matthew Gault
    Ever wanted to make Natalie Portman yell obscenities at your neighbors? What if Garey Busey could leave your mother a sexy voicemail on her birthday? Wanted to prank your little brother by forcing him to call his crush and profess his love? Adobe has you covered. When Adobe released photoshop in 1990, it dreamed of a world where movie studios and photo editors could do in minutes what once took hours. It never dreamed the world would take the digital editor and use it to put celebrity heads on porn star bodies, distort women’s bodies in magazine cover, and create...
  • Is this where Farmers are getting their Fertilizers?

    11/07/2016 7:46:09 AM PST · by w1n1 · 9 replies
    Cal Sportsman ^ | 11/7/2016 | J Hines
    With all this buzz about technology leading the way in helping make lives better in our society like the one in Africa. Bill Gates donated money to create a technology that can turn poop into water. But, what about for the farmers in the U.S., some farmers rely on selling fertilizers, its their livelihood. Its a good thing DIY is still the tech that most farmers know. Fertilizing your food plot has never been easier or more economical. It’s still a do-it-yourself world! Taking care of your business has never had more meaning than in this fun and, well, disgusting...
  • IMAP: Four letters that spell potential doom for Hillary and Huma

    11/01/2016 7:42:18 PM PDT · by 2ndDivisionVet · 42 replies
    Doug Ross @ Journal ^ | November 1, 2016 | Doug Ross
    I'll bet you're growing tired of the ongoing cancer that is the Hillary Clinton campaign of corruption, cover-ups and criminality. Fear not. I've got something you may not have heard before. I hadn't heard of it until an hour or so ago. It's a technical acronym, related to Internet email, that most lay people wouldn't quite grok. The inimitable Karl Denninger offers us the single, critical tidbit of data that makes all the difference. It relates to a statement that tech billionaire Mark Cuban made on CNBC: This "newly discovered" laptop is very likely to be literal nuclear waste for...
  • Study: 1 in 2 American Adults Already In Facial Recognition Network

    10/18/2016 9:38:42 AM PDT · by Tilted Irish Kilt · 35 replies
    vocativ ^ | 10/18/16 | Kevin Collier
    DMV records, plus a cavalier approach to mugshot databases, puts half of the US in the system Half of all American adults are already in some sort of facial recognition network accessible to law enforcement, according to a comprehensive new study. Conducted over a year and relying in part on Freedom of Information and public record requests to 106 law enforcement agencies, the study, conducted by Georgetown Law’s Center on Privacy and Technology, found American police use of facial recognition technology is a scattered, hodgepodge network of laws and regulations.
  • USS Nimitz Fifth Carrier Armed with Anti-Torpedo Weapon

    10/12/2016 11:34:15 AM PDT · by Enchante · 23 replies
    Seapower Magazine ^ | October 11, 2016 | RICHARD R. BURGESS
    ARLINGTON, Va. — When the nuclear-powered aircraft carrier USS Nimitz emerged from an extended period in a shipyard last week, it featured a new installation of an anti-torpedo system. Nimitz is the Navy’s fifth carrier to have the Anti-Torpedo-Defense System installed. The system includes the Torpedo Warning System, an acoustic sensor that detects an incoming torpedo; a tactical control station; and the Countermeasure Anti-Torpedo (CAT). The CAT, a small torpedo designed to intercept an incoming torpedo, was developed by Pennsylvania State University’s Applied Research Lab. Compared with air- or ship-launched cruise missiles, anti-ship torpedoes are much more difficult for a...
  • Samsung to Permanently Discontinue Galaxy Note 7 Smartphone

    10/11/2016 4:58:35 AM PDT · by TigerLikesRooster · 67 replies
    WSJ ^ | Oct. 11, 2016 | Jonathan Cheng and Eun-Young Jeong
    Samsung to Permanently Discontinue Galaxy Note 7 Smartphone Move halts production and sale of defective premium phone; investors digest possibility smartphone giant could abandon Galaxy Note series By Jonathan Cheng and Eun-Young Jeong Updated Oct. 11, 2016 7:23 a.m. ET SEOUL— Samsung Electronics Co. said Tuesday that it would permanently discontinue production and sales of its embattled Galaxy Note 7 smartphone, pulling the plug on a premium product whose botched recall has brought headaches to consumers and inflicted damage on the Samsung brand. Samsung said in a filing with South Korean regulators that it would permanently cease production and sales...
  • A Commodore 64 has helped run an auto shop for 25 years

    10/01/2016 11:04:05 AM PDT · by Ciaphas Cain · 72 replies
    Geek.com ^ | September 26, 20-6 | Lee Matthews
    Apple’s Phil Schiller thinks it’s sad that people use 5-year-old computers. Well, Phil, there’s an auto repair shop in Poland that’s going to send you spiraling into a long depression.Why? Because one of the computers they’re using on a day-to-day basis is a Commodore 64, and I don’t mean one of the slick nostalgic remakes. I’m talking about a classically beautiful beige C64 and its whirring, clunking 5.25″ floppy disk drive.It’s been there for more than 25 years. See, not everyone finds the idea of using an old computer sad. Some, like the mechanics at this shop in Gdansk, treat...
  • Was NAFTA Really So Bad for the Economy? Will NAFTA Come Back to Haunt Hillary Clinton?

    09/30/2016 4:32:46 AM PDT · by expat_panama · 95 replies
    The Fiscal Times ^ | September 28, 2016 | Janna Herron
    ...Trump called the trade agreement between Canada, Mexico and the United States “the single worst trade deal ever approved in this country” during the first presidential debate against Hillary Clinton. Earlier this year, Bernie Sanders leveled a similar criticism, calling it disastrous when debating the former secretary of date... ...But whether NAFTA has been good or bad for the U.S. economy depends largely on who you ask... ...NAFTA “means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement,” then-President Clinton said in 1993. Fast forward more than two decades later and NAFTA...
  • This is Why the Job Market Stinks, but No One is Talking about it

    09/23/2016 10:27:52 AM PDT · by Lorianne · 29 replies
    Wolf Street ^ | 21 September 2016 | James Murray
    Anyone who pays any attention knows that something unusual is happening to employment. Good full time jobs are disappearing, being replaced by lower paying and part time jobs. Experts and especially politicians have explanations and excuses: Offshoring to lower labor countries, excessive rules and regulations, illegal aliens, lack of education in the workforce…. The list goes on and on. What I rarely hear: automation. When most people hear “automation,” they think “robots.” Most robots are dedicated and expensive and don’t replace that many people. “Automation” or computer control is what gets the majority of the jobs, and it is not...
  • That iPhone 7 Hissing Sound Is Probably Nothing to Worry About

    09/20/2016 9:52:46 AM PDT · by LouieFisk · 23 replies
    nbcnews.com ^ | Sep 19 2016 | Alyssa Newcomb
    Some iPhone 7 and iPhone 7 Plus users have reported their new smartphones have had quite the hissy fit — making a noise that sounds like a snake hissing in the grass.
  • China says it has stealth-defeating quantum radar

    09/12/2016 11:26:32 PM PDT · by aquila48 · 27 replies
    RT ^ | 8 Sep, 2016
    A Chinese firm has reportedly developed and tested a radar system that uses quantum entanglement to beat the stealth technology of modern military craft, state media said. The first Chinese quantum radar was developed by the Intelligent Perception Technology Laboratory of the 14th Institute in CETC, according to Xinhua news agency. CETC stands for Electronics Technology Group Corporation, a defense and electronics firm. The radar was tested in mid-August, Xinhua said in a Thursday report. The system was able to detect a target at a range of 100 kilometers in a real-world environment, the report said. The device employs single...
  • The Ohio Turnpike gears up for self-driving car testing

    08/26/2016 7:04:59 AM PDT · by Tolerance Sucks Rocks · 69 replies
    13 ABC ^ | August 25, 2016 | Lissa Guyton
    TOLEDO (13abc Action News) - Self-driving cars are getting closer to becoming a reality in America. Testing is underway in a few places around the country and if you travel the Ohio Turnpike, you'll soon be sharing the road with them. We spoke with drivers and the head of the Ohio Turnpike Commission about the testing. The autonomous vehicles could be on the turnpike by the end of the year. The Ohio Turnpike will be turned into a test track of sorts for the emerging technology. Randy Cole is the Executive Director of the Turnpike Commission, "It's 241 miles of...
  • I need your help if you have an Android phone

    08/16/2016 5:25:25 PM PDT · by Red in Blue PA · 41 replies
    I just downloaded about 10 updates on my Android. Every one downloaded fine, with the exception of the NRA-ILA app. I tried several times but only got an error message. And when I clicked on the error message, it gave me a message about "sorry about not being able to download Pokémon Go" Just seems fishy.
  • When millennials fly, they don't want to say hi

    08/15/2016 6:26:22 PM PDT · by GuavaCheesePuff · 99 replies
    MarketWatch ^ | August 15, 2016 | Sushma Un
    Here’s one more group millennials are ignoring as they spend time glued to their smartphones — airline personnel. About 61% of millennials admitted to hiding behind electronic devices in order to avoid interacting with airline staff, according to a survey market-research firm Mintel conducted among 2,000 adults. Beyond millennials, less than half of Generation X — those born roughly between 1965 and 1980 — say they avoid airline personnel, and less than 37% of baby boomers said so. Automated technology is increasingly replacing people for cost-savings and convenience, and few travelers still value the human touch in the process.
  • ‘Smart clothes’ of future will auction themselves on eBay if they are not worn

    08/07/2016 11:39:02 AM PDT · by BenLurkin · 42 replies
    ‘Smart clothes’ which contact charity shops or eBay when they are not worn regularly could be hanging in wardrobes within a few years. Academics at Birmingham City University are developing a ‘connected wardrobe’ in which forgotten items will text owners to remind them that they are gathering dust. If ignored for long time, the clothes will automatically contact charity shops asking to be recycled or offer themselves for auction on eBay. “Think of the surprise when an owner suddenly receives bids for items they didn’t know were in their wardrobe,” said Mark Brill, senior lecturer in Future Media at Birmingham...