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Fraud convictions this week for Theranos founder Elizabeth Holmes will send a chill through Silicon Valley entrepreneurs, insiders say, now they know there is the threat of jail for airy promises that come to nothing.
But with billions of dollars washing around the tech industry in search of the next big thing, the fake-it-til-you-make-it ethos is here to stay.
Apple is expected to unveil three new iPhone models tonight. The company’s new phone models will likely mirror last year’s iPhone XR, iPhone XS, and iPhone XS Max. Prices are likely to stay at $750 to $1,100, before add-ons such as more storage. And they will likely have the same design with more display space, less bezel and no home button that Apple switched to with the iPhone X in 2017.
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Press release content from Business Wire. The AP news staff was not involved in its creation.