Cryptocurrency exchange FTX owes over $3B to creditors

Bahamas-based FTX filed for bankruptcy on Nov. 11 after the exchange acknowledged that it had used customer funds to cover bad bets by Bankman-Fried's trading arm, Alameda Research.

Elizabeth Holmes sentenced to 11 years in federal prison

Former Theranos CEO Elizabeth Holmes was sentenced to 11.25 years in federal prison Friday and three years of supervised release, a federal judge decided.

Cryptocurrency exchange FTX CEO apologizes as SEC investigates company

The founder of a cryptocurrency exchange apologized after it became public that the Bay Area native's company was under investigation.

Meta expected to announce layoffs

Tech analysts are expecting Meta to announce a round of layoffs as soon as Wednesday morning.

Facebook parent Meta among multiple tech companies planning large-scale layoffs

Facebook parent company Meta announced the possibility of job layoffs this week. This comes after Twitter and other tech companies have been tightening their belts and cutting hundreds of jobs.

Former Twitter CEO Jack Dorsey silent about Musk's takeover

Tech entrepreneur and former Twitter CEO Jack Dorsey has been virtually silent since Elon Musk acquired the platform and launched a major overhaul of the company, that included mass layoffs.

Silicon Valley biotech executive convicted in $77M COVID-19 and allergy testing scheme

A federal jury has convicted the president of a Silicon Valley medical tech company on charges he carried out an elaborate scheme that led to $77 million in false and fraudulent claims for COVID-19 and allergy testing.

Meta and Best Buy partner to bring high-tech tools to East Palo Alto Boys and Girls Club

For the first time, Meta is partnering with the Best Buy Foundation to give teens in underserved communities more access to technology that goes beyond cell phones and basic computers.

iOS 16: What you should know ahead of major software update for Apple devices

In a matter of months, many iPhone users will get to download the latest version of iOS, and Apple is introducing some new changes. Here's what you should know about iOS 16, as well as how to download it before its official release date.

Netflix loses a million subscribers but stock rebounds

Netflix, the worldwide film and TV show and informational streaming service, officially announced that it lost just under one million customers in the last three months; less than half the loss it warned investors might be coming.

Silicon Valley remembers Prime Minister Shinzo Abe

Former Prime Minister Shinzo Abe was the first sitting Japanese Prime Minister to venture beyond San Francisco to the tech centers of the South Bay.

Elon Musk calls off $44-billion deal to buy Twitter, says fake users 'wildly higher' than 5%

Elon Musk is calling off the $44-billion Twitter deal, accusing the company of "false and misleading representations" regarding fake accounts on the platform. But Twitter has vowed to fight.

US Congressman meets with Silicon Valley's Black leadership, addresses disparity

About a dozen people gathered at Nirvana Soul in Cupertino to discuss issues and resolutions that are affecting the Black community in Silicon Valley and throughout Santa Clara County.