Holmes jury learns how Theranos duped a savvy health care investor

Specialist hedge fund had three analysts investigating Theranos.

Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021.

Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul Morris/Bloomberg)

We've noticed a recurring theme in the criminal trial of Elizabeth Holmes: most of Theranos’ investors didn’t do their homework before writing a check. But yesterday, the jury heard from one who most definitely did.

Brian Grossman is chief investment officer and a managing partner for PFM Health Sciences, a San Francisco-based hedge fund that, as the name suggests, specializes in health care investments. Ultimately, his firm invested $96 million in Theranos, and that investment underpins one of the counts of wire fraud with which Holmes has been charged.

Grossman began his day on the witness stand by recounting a December 2013 meeting he had with Holmes and Theranos COO Ramesh “Sunny” Balwani at the company’s lab in Palo Alto. Holmes and Balwani gave a presentation in which they claimed that Theranos had spent a decade in clinical trials and that their technology could do “a thousand” different blood tests.

Read 13 remaining paragraphs | Comments

Arbeitsgericht Berlin: Gorillas-Chefs können Betriebsratsgründung nicht stoppen

Die Betriebsratswahlen bei den Gorillas können von der Geschäftsleitung nicht verhindert werden. Im vergangenen Monat hatte sie alle Streikenden entlassen. (Arbeit, Lieferdienst)

Die Betriebsratswahlen bei den Gorillas können von der Geschäftsleitung nicht verhindert werden. Im vergangenen Monat hatte sie alle Streikenden entlassen. (Arbeit, Lieferdienst)

New images and analyses reveal extent of Cosmos 1408 debris cloud

“We took a major step backward on Monday.”

Although it will likely require weeks of careful observations before scientists have enough tracking data to fully map the debris cloud from the destruction of the Cosmos 1408 satellite, the early returns are distressing.

An array of government entities and private companies, as well as university scientists, have been collecting and analyzing data since Monday morning, when a Russian Nudol missile struck a two-ton satellite in low Earth orbit. The aging Russian satellite was at an altitude of about 480 km, amidst a fairly congested environment of commercial and government satellites.

The kinetic blast appears to have sent debris from the satellite across a broad range of altitudes. Based upon initial data, a space situational awareness firm named SpaceNav calculated that some of the largest pieces of debris have already reached altitudes from as high as 1,100 km and as low as 300 km above the Earth.

Read 10 remaining paragraphs | Comments

Miramax Sues Tarantino for Copyright Infringement Over “Pulp Fiction” NFT Sale

Miramax is suing director Quentin Tarantino over his plans to sell exclusive Pulp Fiction NFTs, which could be worth millions of dollars. The movie studio argues that it holds the rights to sell NFTs. Tarantino stands accused of copyright and trademark infringement as well as breach of contract, for which Miramax requests damages.

From: TF, for the latest news on copyright battles, piracy and more.

tarantino nftWith the NFT craze reaching new heights, Quentin Tarantino finds himself at the receiving end of a copyright infringement battle.

The director of movie classics such as Pulp Fiction and Kill Bill plans to sell NFTs to the public. These NFTs will unlock handwritten scripts and exclusive custom commentary from Tarantino, which could be worth millions of dollars.

Tarantino is collaborating with the Secret Network, a.k.a. SCRT Labs. They officially announced the planned sale a few weeks ago and launched a dedicated website where interested parties can join a waiting list.

While there are undoubtedly some die-hard fans willing to pay big money for these exclusive blockchain records and their associated perks, not everyone is happy with the plan. Movie studio Miramax, which owns most of the rights to the film, sees it as a contract breach and copyright infringement.

‘Eager to Cah In’

In a lawsuit filed at a federal court in California yesterday, the movie company accuses the director of wanting to cash in on something he doesn’t own the full rights to.

“Eager to cash in on the non-fungible token (‘NFT’) boom, as widely reported in the media, Quentin Tarantino recently announced plans to auction off seven ‘exclusive scenes’ from the 1994 motion picture Pulp Fiction in the form of NFTs,” the complaint reads.

Earlier this month Miramax sent a cease and desist notice to Tarantino urging him to halt the upcoming sale. However, the director’s attorney replied that his client was acting within his “reserved rights.” As such, the sale is still scheduled to go through next month.

Miramax Claims NFT Rights

Faced with this refusal, the movie company saw no other option than to take the matter to court. Not just to stop Tarantino but also as a warning to others and to affirm that they hold the rights to sell Pulp Fiction NFTs.

“Left unchecked, Tarantino’s conduct could mislead others into believing Miramax is involved in his venture. And it could also mislead others into believing they have the rights to pursue similar deals or offerings, when in fact Miramax holds the rights needed to develop, market, and sell NFTs relating to its deep film library,” Miramax writes.

The lawsuit will have to determine what Tarantino can and can’t do under his reserved rights, which include the right to “screenplay publication.” Miramax argues that selling NFT’s doesn’t fall under this heading as it is a one-time transaction.

‘Copyright Infringing Marketing’

In addition to a contract breach, Tarantino is also accused of copyright and trademark infringement. Among other things, the TarantinoNFTs.com website and marketing campaign uses copyrighted footage and the Pulp Fiction trademark without permission, the complaint alleges.

pai mei

As an example, Miramax mentions several tweets with unauthorized content from Pulp Fiction and Kill Bill: Vol. 2, including a fake Pulp Fiction VHS tape with unauthorized imagery from the film.

“In short, Defendants seek to capitalize, unilaterally, on Miramax’s rights to Pulp Fiction,” Miramax writes.

Through the lawsuit, Miramax hopes to stop the NFT sales. In addition, the movie company demands damages for copyright and trademark infringements, to be determined at trial.

‘Massive Step Back’

The Tarantino NFT Twitter handle responded to a Variety article on the lawsuit, characterizing it as a massive step back.

“NFTs are meant to empower creators, connecting them directly with their audiences and communities. Secret NFTs on @SecretNetwork take this potential a step further. Now some in the media world want to take a massive step back,” the tweet reads.

Since NFT’s are relatively new, the lawsuit could potentially set an important precedent. At the time of writing, there are no signs that Tarantino and his team will back off as the NFT website remains online.

A copy of the complaint Miramax filed against Quentin Tarantino at the US District Court for the Central District of California is available here (pdf)

From: TF, for the latest news on copyright battles, piracy and more.

Huawei launches MateBook E 2-in-1 tablet with an OLED display and Windows 11

Huawei’s latest 2-in-1 Windows tablet features s 12.6 inch OLED display, a detachable keyboard, and support for up to an Intel Core i7-1160G7 Tiger Lake processor, 16GB of RAM, and 512GB of PCIe NVMe solid state storage. After launching in China in November, Huawei MateBook E 2022 is now getting a global launch: it will […]

The post Huawei launches MateBook E 2-in-1 tablet with an OLED display and Windows 11 appeared first on Liliputing.

Huawei’s latest 2-in-1 Windows tablet features s 12.6 inch OLED display, a detachable keyboard, and support for up to an Intel Core i7-1160G7 Tiger Lake processor, 16GB of RAM, and 512GB of PCIe NVMe solid state storage.

After launching in China in November, Huawei MateBook E 2022 is now getting a global launch: it will be available in select markets soon for €649 (~$731) and up.

Huawei has been selling a line of premium Windows tablets under the MateBook E name for a few years, but the new model is a pretty significant upgrade.

Not only does it have a 2560 x 1600 pixel OLED display with peak brightness up to 600 nits (or 400 nits standard brightness), but with a choice of 7-15 watt Intel Core i3, Core i5, or Core i7 Tiger Lake-U processors, it should offer a good balance of performance and power efficiency.

These are the same chips Lenovo uses for its 2 pound ThinkPad X1 Nano laptop, which I found does a good job of offering strong performance and long battery life even without a massive battery.

While it’s a little disappointing that the 2-in-1 is shipping with 11th-gen Intel Core processors rather than newer 12th-gen chips, it’s likely that this allows Huawei to ship the tablet sooner rather than later (no laptops or tablets with Alder Lake-U processors have begun shipping yet, and I’m not really expecting them to until this spring at the earliest).

The new Huawei MateBook E 2022 has a 42 Wh battery, a body that measures 286.5 x 184.7 x 8mm (11.3″ x 7.3″ x 0.3″) and slim bezels around the display for a 90% screen to body ratio. It comes with a 65W USB-C power adapter.

The tablet supports WiFi 6 and Bluetooth 5.1, has a fingerprint reader in the power button, and sports a Thunderbolt 4 port and 3.5mm headphone/microphone combo jack. There’s a 13MP camera on the back of the tablet and an 8MP front-facing camera, and the new MateBook E has an array of four microphones as well as four speakers.

Huawei offers several different keyboard options for the MateBook E including a “smart magnetic keyboard” and a “slide keyboard.” Both attach to a set of pogo pins on the bottom of the tablet. And the MateBook E also supports pressure-sensitive input thanks to a second-gen Huawei M-Pencil accessory.

Huawei will offer at least three pricing/configuration options for the MateBook E:

  • Core i3/8GB/128GB for €649 ($730)
  • Core i5/8GB/256GB for €999 ($1125)
  • Core i7/16GB/512GB for €1199 ($1350)

Update: This article was originally published November 17, 2022 and last updated February 27, 2022.

The post Huawei launches MateBook E 2-in-1 tablet with an OLED display and Windows 11 appeared first on Liliputing.

Today’s best deals: Bose QuietComfort 45, Google Chromecast, and more

Dealmaster also has Garmin trackers, Amazon Fire TV Sticks, and gaming monitors.

Today’s best deals: Bose QuietComfort 45, Google Chromecast, and more

Enlarge

Black Friday is inching closer, but today's Dealmaster has still scrounged up a number of worthwhile deals from around the web. Our latest roundup includes a new low on Bose's latest noise-canceling headphones; the best prices we've seen on 4K streaming sticks from Google, Amazon, and Roku; and good deals on Xbox Game Pass, Apple AirTags, Garmin fitness trackers, and Razer's Viper Ultimate gaming mouse, among others. We've broken down the highlights alongside our full curated list below.

Ars Technica may earn compensation for sales from links on this post through affiliate programs.

Read 9 remaining paragraphs | Comments

Rechtsform "Europäische Aktiengesellschaft": 20 Jahre Mitbestimmungsflucht

Die lästige Pflicht zur paritätischen Mitbestimmung in Aufsichtsräten kann eine “Win-Win-Situation” sein. Immer mehr Unternehmen entziehen sich ihr aber durch die Rechtsform “SE”

Die lästige Pflicht zur paritätischen Mitbestimmung in Aufsichtsräten kann eine "Win-Win-Situation" sein. Immer mehr Unternehmen entziehen sich ihr aber durch die Rechtsform "SE"