Drama

  • Trump’s first weeks in office have politicized the tech industry Crunch Network

    Trump’s first weeks in office have politicized the tech industry

    Though some upsides to Trump’s IT policy may emerge, a lack of internal structure in the White House is adding to the uncertainty that began on the campaign trail. The president’s tech agenda is largely a blank slate. During the election, candidate Trump issued no major tech policy briefs, gave no major IT speeches and generally only talked about tech to hammer Apple or Amazon on jobs. Read More

  • How to make Facebook politics less painful Crunch Network

    How to make Facebook politics less painful

    The social norms of in-person communication clearly don’t exist online, and Facebook is limited by constraints of design, structure and algorithms — constraints that don’t exist in person. So how can Facebook make politics less painful? Let’s take a look at four behavioral design strategies Facebook could use to facilitate discourse and help you avoid offending a… Read More

  • Sheryl Sandberg joins the immigration ban statement canoe

    Sheryl Sandberg joins the immigration ban statement canoe

    Several tech leaders spoke out against President Trump’s executive order to ban immigrants from seven Muslim-majority countries over the weekend. Today, Sheryl Sandberg leaned into that now rather large group with a post on her Facebook wall. In it, Sandberg talked about her great-great-grandmother arriving at Ellis Island in the late 1800s, fleeing religious persecution — a… Read More

  • Samsung reportedly concludes ‘irregularly sized’ batteries caused Galaxy Note 7 explosions

    Samsung reportedly concludes ‘irregularly sized’ batteries caused Galaxy Note 7 explosions

    Samsung is holding a press conference in three days to explain the defect in the Galaxy Note 7 that forced the product’s recall, but already it is being reported that wrongly-sized batteries were the primary cause of some units combusting. Read More

  • Theranos closed its last remaining blood-testing lab after it reportedly failed an inspection

    Theranos closed its last remaining blood-testing lab after it reportedly failed an inspection

    Theranos is closing down its last remaining blood-testing facility after the lab reportedly failed a regulatory inspection, according to a Wall Street Journal report. Read More

  • Bio
    A new lawsuit alleges anti-aging startup Elysium Health hasn’t paid its sole supplier

    A new lawsuit alleges anti-aging startup Elysium Health hasn’t paid its sole supplier

    Chromadex, the sole supplier of anti-aging startup Elysium Health‘s two main product ingredients pterostilbene and Nicotinamide Riboside (NR), is suing the startup for failure to make payments on those ingredients and for breach of a trademark and royalties agreement. According to a document on Chromadex’s website, dated December 29, 2016, Elysium “made… Read More

  • Bio
    Arizona plans to sue Theranos over faulty blood tests

    Arizona plans to sue Theranos over faulty blood tests

    Arizona Attorney General Mark Brnovich is soliciting outside legal counsel to pursue a consumer fraud lawsuit against the beleaguered blood testing startup Theranos, according to a document posted on the state’s procurement website. Brnovich has so far declined to comment on any action, but the document contends Theranos may have defrauded customers in the state and the office is… Read More

  • Strange new lawsuit against longtime investor Michael Goguen gets dropped

    Strange new lawsuit against longtime investor Michael Goguen gets dropped

    Early last month, we told you about a bizarre new lawsuit involving longtime venture capitalist Michael Goguen, whose career at Sequoia Capital ended early last year after he was sued in a salacious breach of contract suit that accused him of sexually mistreating a woman named Amber Baptiste, then refusing to honor an elaborate financial arrangement they’d made. Baptiste and Goguen… Read More

  • Bio
    Theranos slashes another 41 percent of its workforce

    Theranos slashes another 41 percent of its workforce

    Not a week goes by and it seems like we hear more bad news about Silicon Valley’s darling turned cautionary tale Theranos. The latest bit is a whopping 155 layoffs at the company today. The one drop blood test company once worth $9 billion took a quite the tumble from grace after an intense series of investigations from the Centers for Medicare & Medicaid Services and the U.S. Food… Read More

  • Lawsuit claims Snap Inc. hasn’t been honest about its pre-IPO performance metrics

    Lawsuit claims Snap Inc. hasn’t been honest about its pre-IPO performance metrics

    Against the backdrop of an imminent public offering, one former Snap Inc. employee is claiming in a lawsuit that the company inflated its performance metrics to lure investors. Anthony Pompliano, the one-time head of Snap’s growth and user engagement team, is seeking an injunction and monetary relief after being fired just three weeks into his tenure. Mr. Pompliano, now a… Read More

  • Eaze CEO steps down

    Eaze CEO steps down

    Keith McCarty, founder of the well-funded pot delivery startup Eaze, is stepping down from his position as CEO. Instead, the startup’s chief product and technology officer Jim Patterson will take on the role and McCarty will remain on the board of directors “as a strategic advisor on company growth,” says a blog post on the site announcing the change of roles. McCarty… Read More

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