Business

US agency raises 'serious concerns' about tech visa lottery

The number of applications for visas used in the technology industry soared for a second straight year, raising "serious concerns" that some are manipulating the system to gain an unfair advantage, authorities said Friday.

Business

Ex-CEO Braun denies 'all charges' in Wirecard fraud trial

Wirecard's ex-CEO Markus Braun denied all charges against him and insisted he had no knowledge of the massive accounting fraud that brought down the German payments firm, as he took the stand for the first time on Monday.

Business

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company's choice of a law firm representing it in the bankruptcy, despite concerns about potential conflicts of interest.

Business

Elizabeth Holmes appeals Theranos fraud conviction

Fallen US biotech star Elizabeth Holmes has asked an appeals court to overturn her conviction in the Theranos fraud trial that saw her sentenced to more than 11 years in prison.

Business

US seeks 15-year term for Theranos founder in fraud case

US federal prosecutors are seeking a 15-year jail term for Theranos founder Elizabeth Holmes and want her to pay more than $800 million to investors defrauded by her blood-testing startup, according to a court filing.

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