After more than 50 hours of deliberation, a jury in California convicted Theranos founder and CEO Elizabeth Holmes of four criminal fraud charges on Monday, January 3rd. Holmes, a longtime name in Silicon Valley, founded Theranos on the promise of revolutionary blood-testing technology. But it seems that despite warnings from […]
Elizabeth
After a months-long trial, and a jury that was eventually deadlocked on several of 11 total charges, Elizabeth Homes, the former CEO and founder of Theranos, has been found guilty on four charges. Holmes, who testified during the trial, said she hadn’t intended to mislead the public or investors, and […]
By Sara Ashley O’Brien, CNN Business When Elizabeth Holmes got wind that then-Wall Street Journal reporter John Carreyrou was working on a damning expose that would publish in October 2015 about her blood testing startup Theranos, she went straight to the top in an effort to get the story killed. […]
Elizabeth Holmes, founder and former CEO of Theranos, was indicted on fraud charges. (Jeff Chiu/Associated Press) The family of former Education Secretary Betsy DeVos was duped by Theranos founder Elizabeth Holmes into investing $100 million for a biotech startup that falsely claimed it could screen for multiple diseases from a […]
Former Theranos CEO Elizabeth Holmes and former Theranos COO Ramesh Balwani. Yichuan Cao/NurPhoto via Getty Images (Holmes). Justin Sullivan/Getty Images (Balwani). More texts between Theranos founder Elizabeth Holmes and former COO Ramesh Balwani have surfaced. In one, Holmes said, “total confidence in myself best business person of the year,” CNBC […]
Photo credit: CNBC – Getty Images “Hearst Magazines and Verizon Media may earn commission or revenue on some items through the links below.” Whether you read Bad Blood, watched the HBO documentary The Inventor, or simply remember the shocking news story breaking, it’s hard not to be intrigued by Elizabeth […]
Theranos founder Elizabeth Holmes, once Silicon Valley wunderkind who dazzled investors with her health technology startup, was a passionate and hardworking executive blinded by her dedication and drive to succeed — not a liar, her lawyers have argued. “Elizabeth Holmes worked herself to the bone for 15 years trying to […]
Failed biotech company Theranos allegedly deceived investors and patients, according to the DOJ. Take a look back on how Elizabeth Holmes and her billion-dollar idea crashed. Elizabeth Holmes, the founder and former CEO of failed biotech startup Theranos, went from being […]
The trial of Theranos CEO Elizabeth Holmes officially begins next week — and there’s more at stake than the fate of a disgraced biotech entrepreneur, and a company that’s now become synonymous with fraud. Indeed, there’s at least some element of Silicon Valley that’s also being put on trial, and […]