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Even Elon Musk forgets that X isn’t Twitter sometimes
Do you sometimes refer to X by its old name, Twitter? That’s okay. Even Elon Musk, the man who changed Twitter’s name to X, still occasionally refers to the social media platform he runs as Twitter. “Twitter added far more features with fewer people,” said Musk in a post on X Monday. The owner of…
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Holmes and Balwani’s appeal falls flat as court upholds fraud convictions
Elizabeth Holmes and Ramesh “Sunny” Balwani’s appeals to overturn their fraud convictions and reduce their prison sentences were denied Monday by the Northern District Court of California, which also refused to soften their $452 million joint restitution order. Holmes, the founder of Theranos, and Balwani, its former COO, were convicted in separate trials in 2022…
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Apple exec Phil Schiller testifies that he raised concerns over App Store commissions on web-based sales
Apple Fellow Phil Schiller, the executive in charge of leading the App Store, testified in court on Monday that he had originally raised concerns about the 27% commission the iPhone maker planned to charge app developers on any purchases made outside the App Store. In addition to being a potential compliance risk, he suggested that…