U.S. judge sentences former Theranos president Ramesh Balwani to nearly thirteen years imprisonment for fraud

A U.S. judge on Wednesday sentenced former Theranos Inc President Ramesh “Sunny” Balwani to 12 years and 11 months in prison on charges of defrauding investors and patients of the blood testing startup led by Elizabeth Holmes, a spokesperson for the U.S. attorney’s office confirmed. U.S. District Judge Edward Davila in San Jose, California, imposed… Read More U.S. judge sentences former Theranos president Ramesh Balwani to nearly thirteen years imprisonment for fraud

Guatemalan court jails former President Otto Perez, ex-VP Roxana Baldetti in graft case

A Guatemalan court on Wednesday sentenced both former President Otto Perez and his vice president, Roxana Baldetti, to 16 years in prison each in a graft case years after explosive corruption revelations forced the two out of office early and into prison. The pair were found guilty of illicit association and customs fraud, but were… Read More Guatemalan court jails former President Otto Perez, ex-VP Roxana Baldetti in graft case

Peru swears in Dina Boluarte as new president following impeachment and arrest of predecessor Pedro Castillo

Peru swore in a new president on Wednesday after a day of political drama that saw leftist leader Pedro Castillo arrested after his ousting from office in an impeachment trial following his last-ditch bid to cling to power by dissolving Congress. Ignoring Castillo’s attempt to shut down the legislature by decree, lawmakers moved ahead with… Read More Peru swears in Dina Boluarte as new president following impeachment and arrest of predecessor Pedro Castillo

Australia imposes $14million fine on Uber over misleading fares and cancellation fees

An Australian court fined Uber Technologies Inc A$21 million (an equivalent of $14 million) on Wednesday for threatening cancellation fees it never charged and overstating fare estimates on some rides. The penalty was less than a regulator wanted. The Australian arm of the U.S. ride-sharing app broke consumer law by misleading customers with warnings they… Read More Australia imposes $14million fine on Uber over misleading fares and cancellation fees

One dead, several injured following suicide bombing at police station in Indonesian city of Bandung

A suspected Islamist militant, angered by Indonesia’s new criminal code, killed one other person and wounded at least 10 in a suicide bomb attack at a police station in the city of Bandung on Wednesday, authorities said. The suicide bomber was believed to be affiliated with the Islamic State-inspired group Jamaah Ansharut Daulah (JAD) and… Read More One dead, several injured following suicide bombing at police station in Indonesian city of Bandung