Tech

Toshiba shareholders reject plan to break into two parts

Toshiba Corp.’s shareholders rejected a management plan to split the company into two parts, reflecting strong opposition from foreign shareholders including some who want the company to be auctioned to the highest bidder.

Trial begins for former Theranos president Ramesh ‘Sunny’ Balwani

Ramesh “Sunny” Balwani, former president of Theranos Inc., was one-half of a business duo that lied to cheat investors and patients out of money, a government prosecutor told a jury Tuesday as the second criminal-fraud trial involving the defunct blood-testing company got under way.