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Khorram allegedly ordered prostitutes and illicit drugs for Combs and his guests and according to the lawsuit, Jones believed Khorram “aided and abetted” Combs’ sexual assault. “Our attempts to share this proof with Mr. Jones’ attorney, Tyrone Blackburn, have been ignored, as Mr. Blackburn refuses to return our calls. “This was done to ease Mr. Jones’ anxiety concerning homosexuality,” the suit alleges. In a statement to CNN, he called Jones’ allegations “false.”“My lawyer will be handling this going forward,” Stevie J added. Combs was present while Mr. Jones was being assaulted by Cuba Gooding Jr.,” the suit alleges.
Persons: CNN —, Sean “ Diddy ” Combs, ” Rodney “, Rod ” Jones, videographer, Combs, Jones, Combs ’, Kristina Khorram, Sir Lucian Grainge, Justin, Justin Combs, Khorram, Khorram “, abetted ” Combs, , DeLeon Tequila, Grainge, Habtemarian “, ” Jones, Shawn Holley, Sean Combs, , ” Holley, Tyrone Blackburn, Blackburn, “ Justin Combs, Sean, Diddy, Chris Pizzello, Steven ‘ Stevie J ’ Jordan, Stevie J, , Oscar, Cuba Gooding, Jr, Mr, “ Mr, ” Gooding, Casandra Ventura, ” Ben Brafman, Ventura, ” Weeks, ” Combs, Rodney Jones, Lucian Grainge, Grainge “ Organizations: CNN, Universal Music Group, Motown, Ethiopia, Khorram, Billboard, Islands, Motown Records, Cuba Locations: New York, Los Angeles
In their joint venture agreement, Baker Hughes says it uses C3.ai's solutions and also sells the product to companies in the oil and gas industry. CNBC's "Last Call" aired a report Thursday night on the investor lawsuit against C3.ai and the company's relationship with Baker Hughes. The lawsuit says the publicity about the massive Baker Hughes sales force "artificially inflated C3's stock" when the company first went public. Richard Drew | APIn an April 2023 filing, Baker Hughes announced it divested 1.7 million C3.ai shares, bringing its ownership to 6.9 million shares. Kerrisdale pointed to C3.ai's "highly conspicuous growth" in unbilled receivables, largely from Baker Hughes, and wrote that "accounting red flags abound with the Baker Hughes relationship."
Persons: Tom Siebel, Siebel, Thomas M, Chris J, Ratcliffe, it's, Baker Hughes, Logan Roy, Larry Ellison, Yasmin Khorram, Dan Brennan, We've, Brennan, he's, CNBC's, Reed Kathrein, Theranos, , Kathrein, Richard Drew, they'd, unbilled, receivables, Siebel's, Ken Goldman, Goldman, Gil Luria, Davidson, Luria, Nick Wells, Scott Zamost, Sam Woodward, Tom Siebel's Organizations: Siebel Systems, Oracle, Bloomberg Tech Summit, Bloomberg, Getty, CNBC, Forbes, Siebel, C3, U.S . Department of Defense, Shell, Northern District of, SEC, Twitter, " Traders, New York Stock Exchange, AP, Point Capital Management, Spotify, C3 Energy, Revenue, Wall Locations: London, Redwood City , CA, Redwood City , California, Northern District, Northern District of California, unbilled receivables, Point
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew bill in California could investigate gas station price gougingCNBC's Yasmin Khorram reports that a new bill in California could investigate price gouging at gas stations.
Former Theranos CEO Elizabeth Holmes (C) arrives at federal court with her mother Noel Holmes (L) and father Christian Holmes on September 01, 2022 in San Jose, California. Elizabeth Holmes hasn't paid back over $25 million to creditors of her former Theranos company as she tries to delay her 11-year prison sentence, according to a lawsuit. According to the breach of contract suit, Holmes executed three promissory notes while she was CEO of the failed blood-testing company. The promissory notes were as follows, according to the lawsuit:August 2011 in the amount of $9,159,333.65. Holmes founded Theranos in 2003 after dropping out of Stanford, with the promise of revolutionizing the healthcare industry.
Silicon Valley Bank customers line up to withdraw funds
  + stars: | 2023-03-13 | by ( Yasmin Khorram | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSilicon Valley Bank customers line up to withdraw fundsCNBC's Yasmin Khorram joins 'Power Lunch' to discuss the scene at Silicon Valley Bank in California as customers line up to withdraw their funds.
Tesla CEO Elon Musk and his staff are meeting Wednesday with California Governor Gavin Newsom and touring Tesla's new engineering headquarters. As the pandemic hit in March 2020, Musk and state officials clashed over reopening the Tesla plant in Fremont, California. In 2021, following repeated threats to leave the state, Musk moved Tesla's headquarters to Austin, Texas. Since then, Musk has made his political stance clear, characterizing California as a one-party state that is burdened with overregulation and high taxes. Tesla said it had 47,000 employees in California in 2022, according to a January 2023 blog post.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla increases California footprint with new engineering headquartersCNBC's Yasmin Khorram and Phil LeBeau join 'Closing Bell: Overtime' to report on Elon Musk's plan to expand Tesla in California.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no base of talent anywhere like the Bay Area: Calif. Gov. Gavin Newsom on Tesla's return to stateIn an exclusive interview, California Governor Gavin Newsom sits down with CNBC's Yasmin Khorram at Tesla's offices in Palo Alto, California. Newsom met with Elon Musk and Tesla employees to tour the automaker's new engineering headquarters. The expansion will focus on hiring engineers proficient in research development and artificial intelligence. The plans will help accelerate efforts to produce autonomous driving and robot technology.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNearly half of small businesses say the recession has already startedSmall business owners across the U.S. remain pessimistic about the economy, with almost half saying we're in a recession now and three-quarters saying inflation has not peaked yet and they have little confidence in the Fed, according to the CNBC|SurveyMonkey Small Business Survey for Q1 2023. CNBC's Yasmin Khorram reports.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommercial real estate vacancies in San Fransisco are at an all-time highCNBC's Yasmin Khorram joins CNBC's 'Squawk on the Street' to report on the new data from CBRE research that shows that vacancies for commercial real estate in San Fransisco have shot up to a record 27.2%.
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during a Senate Agriculture, Nutrition and Forestry Committee hearing in Washington, D.C., on Wednesday, Feb. 9, 2022. Serious red flags around Sam Bankman-Fried's FTX emerged before the now-embattled cryptocurrency exchange even launched, according to an early would-be investor. Alex Pack, now the managing partner of New York-based venture capital firm Hack VC, said he met Bankman-Fried in 2018. Bankman-Fried stepped down as CEO of FTX last Friday as the crypto company filed for Chapter 11 bankruptcy protection. In 2018, Bankman-Fried was a relatively unknown founder seeking a deal in the emerging crypto market.
A federal judge denied Theranos founder Elizabeth Holmes' motion for a new trial Monday, according to a court filing. The 38-year-old, a one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, was found guilty in January of four charges in her criminal fraud trial. Jurors convicted Holmes of one count of conspiracy to commit wire fraud and three counts of wire fraud against specific investors. U.S. District Court Judge Edward Davila denied Holmes' motion for a new trial based on the new evidence she brought forward. Each wire fraud count carries a maximum sentence of 20 years in prison and the conspiracy count carries a maximum of five years.
[Editor's note: After CNBC published details of an interview with people who claimed to be fired employees of Twitter, several reports emerged suggesting it was a hoax. On Elon Musk's first day in control of Twitter , a person who walked out of the company's San Francisco headquarters and identified themselves as a data engineer there said they were just laid off. One employee at Twitter, awaiting information about layoffs or projects, told CNBC they were in the dark for the most part. Twitter has denied that and went to court to try to get Musk to complete the deal. The judge gave Musk until Friday at 5 p.m. to close the deal, or else set a new trial date.
Unionization push comes from strippers looking for safety
  + stars: | 2022-10-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnionization push comes from strippers looking for safetyCNBC's Yasmin Khorram joins Shep Smith to report that strippers in Los Angeles want to form a union over safety concerns.
"I don't want to help Ms. Holmes, she's not someone who should be helped," said former Theranos lab director Adam Rosendorff. "The only person who can help Ms. Holmes is herself. He spent six days on the stand, which was longer than any other witness, during Holmes' high-profile trial. "And I understand Ms. Holmes may be pregnant again." Leaving court, Holmes did not answer questions about whether she was pregnant with a second child.
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