Latest line: A good week for Joe Lacob, a bad week for Elizabeth Holmes
Joe Lacob
Warriors’ majority owner bought the team in 2010 for $450 million. It’s now worth $9.4 billion, highest in the NBA. He hosted the all-star game, and the Dubs keep winning after acquiring Miami star Jimmy Butler.
Elizabeth Holmes
Founder of former Palo Alto blood testing company Theranos, convicted of fraud and sentenced to 11 years in prison in 2022, will stay in jail after the Ninth Circuit U.S. Court of Appeals upholds her conviction.
Jonathan Levin
Stanford University president announces a hiring freeze amid Trump’s efforts to cut federal research funding. But The Farm has a $37 billion endowment — third in the U.S. behind only Harvard and Yale.