When Bob Lee, a well-known tech executive who co-founded the payment programme Cash App, was stabbed to death in April, many within San Francisco’s close-knit tech community lept to conclusions, with figures like Elon Musk declaring the death another sign of the city’s persistent, if often misunderstood, struggles with random street crime. What actually happened, according to prosecutors and friends of Lee, couldn’t be further from this original narrative. Lee was part of an underground party scene in San Francisco known among participants as “The Lifestyle,” where recreational drugs and casual sex were common, participants and those who knew Lee told The Wall Street Journal. One of the people Lee overlapped with within San Francisco nightlife was Khazar Momeni, sister of Nima Momeni, the man arrested in April for Lee’s murder. He plans to plead not guilty. Lee and Ms Momeni, who is married, were reportedly in a casual relationship. “There are many rumors circulating around this case, many of them untrue,” lawyers for Ms Momeni told the Journal. “Ms. Momeni loves and supports her brother. What happened here is a tragedy, and Ms. Momeni is deeply saddened at the suffering of the Lee family as they deal with their terrible loss.” In the hours before Lee was killed, Mr Momeni confronted Lee about his sister, prosecutors allege, asking if she had done anything inappropriate, which he denied. Later, according to officials, Khazar Momeni sent Lee a text message acknowledging the confrontation: “Just wanted to make sure your doing ok Cause know nima came wayyyyyy down hard on you.” Hours after the alleged confrontation, Lee was seen getting into a white BMW with Mr Momeni, and prosecutors allege he drove the tech executive to a secluded area and stabbed him to death with a kitchen knife. The Independent has contacted Mr Momeni’s lawyer for comment. Lee had been using cocaine and ketamine before his death, an autopsy found. Mr Momeni, an IT executive, will be arraigned later his month. Read More Autopsy: Stab wounds to heart, lungs killed Cash App founder Man accused of stabbing Cash App founder gets new court date A tech CEO has been murdered and Elon Musk blames San Francisco’s ‘horrific’ rise in crime. Is he right?

British chip designing giant Arm has launched the process for a public stock listing in New York, in what could be the biggest...

By Munsif Vengattil and Praveen Paramasivam CHENNAI (Reuters) -A Foxconn unit will on Monday sign an agreement with India's Tamil

MUNICH--(BUSINESS WIRE)--Jun 14, 2023--

Meta Platforms Inc.’s new social media app Threads has garnered 70 million users in just two days after

By Victoria Waldersee BERLIN (Reuters) -Tesla is planning sweeping changes to its factory near Berlin, including extensions to its battery

It’s a perennial annoyance during quiet weekends in US suburbia: The roar of the neighbor’s lawn mower, the

By Greg Bensinger SAN FRANCISCO Some workers within Amazon’s once-storied hardware division – responsible for popular devices like

German lawmakers approved legislation to boost investment in the nation’s power and natural gas grids, a move that

By Noel Randewich and Hannah Lang (Reuters) -Retail traders getting their first bite at Arm Holdings' highly anticipated public offering

British Land said on Tuesday Meta had surrendered one of the two buildings it had leased at London's

WASHINGTON--(BUSINESS WIRE)--Aug 31, 2023--