Elizabeth Holmes was found guilty of defrauding investors this week in federal court. The former CEO, wunderkind, and blood mogul has been the subject of intense legal interest and public fascination ever since her company, Theranos, was beset by scandal in 2015. Today on What Next: TBD we follow-up with Rebecca Jarvis, host of “The Dropout” podcast and ABC News Chief Business, Technology & Economics Correspondent. We dig into the verdict and ask if Silicon Valley will finally confront the elements of its culture that allowed Elizabeth Holmes and Theranos to run wild with investor’s money, and patient’s health. You can listen to “The Dropout: Elizabeth Holmes on Trial” now wherever you get your podcasts.
Slate Plus members get bonus segments and ad-free podcast feeds. Sign up now.
Ravi and Cory welcome new co-host, Rikki Schlott, to the show. Rikki is a contributor to Reason and the New York Post and brings a more libertarian, conservative. viewpoint to our debate. Together they reflect on the one-year anniversary of January 6 and all the alarming changes to our country since that day. President Biden is sticking with a Covid refrain: “pandemic of the unvaccinated.” Is the early data on omicron undercutting that narrative? Finally, classes are canceled in Chicago; conservatives and liberals agree we shouldn’t accept full-scale school closures at this point in the pandemic.
President Biden marks the anniversary of the January 6th attack with a pointed speech about the Big Lie, Donald Trump decides to shut up and cancel his press conference, Congress debates voting rights and the Electoral Count Act, and Cook Political Report’s Dave Wasserman joins to talk about how redistricting is going much better for Democrats than expected.
For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.
Reset brings on a WAMU Reporter, Margaret Barthel, who covered the Jan. 6 insurrection in the U.S. Capitol to reflect, and Chicago Sun-Times Federal Courts reporter, Jon Seidel, discusses the charges and sentences for people from the Chicago region who participated in the insurrection.
The New York Times is reportedly buying The Athletic for $550 million. Rivian Automotive shares fall in the wake of Amazon's new partnership with automaker Stellantis. Bill Mann analyzes those stories, shares what he considers to be the most interesting businesses to watch in the EV industry, and discusses the potential for Constellation Brands' new partnership with Coca-Cola for Fresca Mixed Cocktails. Later in the show Dylan Lewis and Motley Fool contributor Brian Feroldi take a closer look at three private companies expected to go public this year: Instacart, Reddit, and Stripe. Stocks: NYT, RIVN, AMZN, STLA, TM, VWAGY, STZ, KO
Host: Chris Hill Guests: Bill Mann, Dylan Lewis, Brian Feroldi Engineer: Dan Boyd
Corbevax, which is being produced in India, is grown in yeast in a similar way to several other widely available vaccines. The technology used to make it is far simpler and much more readily available than that used to produce mRNA vaccines. In theory, Corbevax could be produced cheaply in large quantities to improve Covid-19 vaccine availability around the world. It was developed by a team from Baylor College of Medicine in Texas, including Maria Elena Bottazzi.
Antibiotic-resistant superbugs are thought to have emerged in response to the use of antibiotics. The discovery of a superbug living on the skin of hedgehogs has challenged this view. The superbug is thought to have been living with hedgehogs long before antibiotics were discovered. Jesper and Anders Larsen at the Danish State Serum Institute in Copenhagen explain.
Modifying viruses, using them to infect or kill pest organisms is an attractive proposition. However, there are concerns about what might happen when they are released, particularly over their ability to mutate and evolve, says Filippa Lentzos from Kings College Department of Global Health and Social Medicine in London.
And The Royal Botanical Gardens at Kew have released the names of over 200 new species of plants and fungi discovered last year. Mycologist Tuula Niskanen and botanist Martin Cheek tell us more.
On this episode of The Federalist Radio Hour, Federalist Senior Editor and RightForge Founding Partner Christopher Bedford joins Culture Editor Emily Jashinsky to discuss how leftists have shamefully and cynically exploited Jan. 6 to prop up Democrats' political agenda.
Today on “The Breakdown,” NLW looks at one of the most important relationships in economics: the relationship between Fed statements and market actions. With bitcoin cratering under $43,000 NLW explores:
The Fed’s relationship with markets in general
Bitcoin’s relationship with equities
FinTwit and Crypto Twitter’s reaction to the dip
-
Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 17% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.
-
Abra is proud to sponsor The Breakdown. Join 1M+ users and Conquer Crypto with Abra, a simple and secure app where you can trade 110+ cryptocurrencies, get 0% interest loans using crypto as collateral, and earn interest with up to 14% APY on stablecoins and 8.15% APY on Bitcoin. Visit Abra.com to get started.
-
FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.
-
“The Breakdown '' is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and Michele Musso, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Bloomberg/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.