Theranos founder Holmes ordered to prison, pay victims

Holmes was sentenced to just over 11 years in prison for defrauding investors with her Silicon Valley start-up Theranos.

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Elon Musk says Twitter will purge inactive accounts. What does that mean for now-deceased users?

Musk's announcement has been met by an outcry from those who have lost, or who fear losing the thoughts and words of deceased loved ones linked to now-inactive accounts.

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OpenAI chief Sam Altman concerned about AI being used to compromise elections

For months, companies large and small have raced to bring increasingly versatile AI to market, throwing endless data and billions of dollars at the challenge. Some critics fear the technology will exacerbate societal harms, among them prejudice and misinformation, while others warn AI could end humanity itself.

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Startup and MSME M&As to be cleared within 15-60 days

M&As in startup and MSME sectors will now be able to secure approval within 15 days that can go up to a maximum of 60 days, a corporate affairs ministry (MCA) notification said. The move is seen as a big boost for the startup sector that has seen a rise in corporate restructuring in recent times.

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Lending taps drying up for crisis-hit ZestMoney; Payments Council pings FM for RuPay MDR

Troubles seem to be mounting for beleaguered ZestMoney as lenders pull back credit lines, a day after its founders left the company after a failed PhonePe acquisition. This and more in today’s ETtech Morning Dispatch.

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Flipkart executive Prakash Sikaria to build in-house credit startup for ecommerce group

Sikaria’s venture is likely to be housed under a separate entity where the online retailer will be the majority shareholder and Sikaria will own equity as well, they added.

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YouTube sends gun videos to 9-year-olds: ‘It’s not the kids. It’s the algorithms,’ study finds

Research shows that despite YouTube’s rules and content moderation efforts, the platform is failing to stop the spread of frightening videos that could traumatise vulnerable children - or send them down dark roads of extremism and violence.

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