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Search resuls for: "Jennifer Korn Catherine Thorbecke"


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New York CNN —Elizabeth Holmes won’t be starting her 11-year prison sentence just yet. Holmes was sentenced last November after she was convicted months earlier on multiple charges of defrauding investors while running the now-defunct blood testing startup. As a result, Holmes can remain free on bail while the latest appeal is considered by the court, as per the court’s rules. It also came to light that Theranos was relying on third-party manufactured devices from traditional blood testing companies rather than its own technology. Like Holmes, Balwani’s legal team delayed the start of his prison sentence by roughly a month with an appeal.
In a statement provided to CNN, Microsoft said it has agreed to recognize the union. “Microsoft has lived up to its commitment to its workers and let them decide for themselves whether they want a union,” CWA president Chris Shelton said in a statement. Some companies like Amazon have so far refused to recognize workers who have voted to form a union. The union bid at the Microsoft subsidiary, however, stands out from some of the others because of Microsoft’s openness to employee organizing efforts. Microsoft last year entered into a neutrality agreement with the CWA, which is also supporting organizing efforts from workers at Activision Blizzard, the gaming giant Microsoft agreed to acquire for $68.7 billion.
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