American biotech entrepreneur, Theranos founder convicted of fraud
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
The Guardian reports on Furious, a Disney+ thriller, where Catherine Grace’s mission against predatory men unfolds with a moral core. Alice Black confronts trauma as they pursue justice against institutional indifference. The series has earned praise for its depth and lead performance, while exposing systemic failings in law enforcement and elites.
At TIFF 2026, studios are bypassing fall festivals while markets expand. Major releases skip screenings, while the market and Red Sea Fund-backed projects push Toronto as a hub for sales and international partnerships. TIFF’s evolving role mirrors a broader shift in how studios reach audiences and win awards amid a crowded fall slate.
Holmes’s new Netflix documentary You Can See Everything has premiered secretly at Telluride, following her 34 days before prison. The trailer features an unsettling exchange with Nathan Fielder, prompting body-language experts to weigh in on deception and truth. The project, filmed over three years, revisits Holmes’s rise and Theranos fraud saga as she serves an 11-year sentence.
The Guardian, Business Insider UK, The Guardian and Independent pieces report on Alex Gibney’s four-hour Musk documentary. Ashley St Clair alleges Elon Musk discussed having a child to build a “legion” before civil conflict, with a $40m NDA offer later declined. The film questions Musk’s power, algorithm changes at X, and his political shift. Venice premiere provided a harsh critique of Musk’s influence.
Stocks have risen modestly after the Fed signalled further rate increases this year, while bond yields stay elevated amid inflation concerns and energy pressures. Investors wait for clarity on the trajectory of policy and energy costs as the election cycle looms.
President Donald Trump has said the US war with Iran will end immediately after the November midterm elections and has predicted oil prices will tumble once voting is over. His comments have come as Brent crude has climbed above $100 a barrel, attacks around the Strait of Hormuz have intensified and US gas and diesel prices have risen.
Polish developer Pawel Szydlowski has launched Zuckoff, an app that detects Bluetooth signatures from nearby smart glasses and estimates distance. It has drawn 5,000 users since its Apple App Store debut, as Meta faces backlash over its “perv glasses.” Regulators are contacting the creator while privacy advocates warn of surveillance risks.
Anthropic has released a near-150-page report detailing how Claude and related models have been misused over the last eight months, including attempts at missile design, espionage, and biological research. The company has disrupted access where safeguards were violated and cautions that newer models can assist complex scientific work. The findings come as researchers warn of extinction-level risks and policymakers weigh tighter controls.
Anthropic has published a 154-page threat report showing its Claude models have been used between December 2025 and August 2026 for cyberattacks, propaganda, surveillance, weapons development and potentially dangerous biological research. The company has said it has blocked offending accounts, tightened safeguards on newer models and shared intelligence with authorities.
Microsoft co-founder Bill Gates has warned that AI could be powerful enough to cause a billion deaths if misused. He is calling for government oversight and safeguards, arguing that a modest overhead to industry is necessary for monitoring. Other tech leaders echo concerns, while some politicians resist regulation.
Documents the renewed scrutiny around Elizabeth Holmes following the Telluride premiere and the limited footage revealing how the Theranos saga continues to shape Silicon Valley’s narrative, as directors Nathan Fielder and Lance Oppenheim chronicle the months leading to her prison reporting.
The Guardian and The Scotsman critique Aaron Sorkin’s sequel to The Social Network, The Social Reckoning, with Jeremy Strong’s Zuckerberg cast as a calculating, isolated figure. Frances Haugen and Jeff Horwitz drive the whistleblower narrative, while the film channels Sorkin’s signature dialogue and addresses algorithm-driven harms and Capitol riot echoes.
The documentary on Elon Musk has seen shifting release plans as studios negotiate distribution. TikTok has suspended an associated account over political content, while HBO’s airing remains in question as Universal reassesses international rights.
Stocks show a split: the S&P 500 hovers near a record while the breadth of gains remains weak as AI-led rallies dominate, raising questions about the market’s breadth and durability.