Sunny Balwani convicted in Theranos fraud trial

Sunny Balwani, a former executive at Theranos, was convicted on federal fraud and conspiracy charges on Thursday stemming from his leadership of the Silicon Valley start-up that crashed spectacularly. 

High-tech firms are announcing layoffs, hiring freezes

Last week's announcement that Netflix is laying off 300 workers — 3% of its staff — provided yet another worry that inflation in is tearing at the structure of the critical high-tech industry from where so many good jobs flow.