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Disgraced CEO takes the stand during criminal trial

Elizabeth Holmes, the disgraced CEO and founder of Theranos, took the stand at her criminal trial where prosecutors have charged her with 11 counts of criminal fraud.
Tags: News, Stories, Theranos, Elizabeth Holmes


Disgraced CEO testifies during criminal trial

Elizabeth Holmes, the disgraced CEO and founder of Theranos, took the stand at her criminal trial where prosecutors have charged her with 11 counts of criminal fraud.
Tags: News, Stories, Theranos, Elizabeth Holmes


Elizabeth Holmes Admits Doctoring Lab Reports With Pharma Company Logos (slashdot)

An anonymous reader quotes a report from NBC News: Theranos founder and former CEO Elizabeth Holmes returned to the witness stand Tuesday, confirming key aspects of the prosecutor's allegations behind the 11 counts of fraud she faces, but asserting that there was nothing wrong in what she did. The prosecution has repeatedly shown jurors lab reports emblazoned with logos of the pharmaceutical companies Pfizer and Schering-Plough. Witnesses from those companies who worked with Theranos testified t...
Tags: News, Nbc News, Walgreens, Pfizer, Theranos, Gibbons, Elizabeth Holmes, Holmes, Downey, BeauHD, Ian Gibbons, Kevin Downey, Doctoring Lab Reports With Pharma Company Logos, Schering Plough Witnesses


Theranos founder Elizabeth Holmes admits to adding Pfizer logo to company reports and hiding the use of third-party devices: Trial week 12 recap

Brittany Hosea-Small/Reuters Theranos founder Elizabeth Holmes returned to the stand this week in her criminal fraud trial. She admitted using Pfizer's logo without authorization but said, "I wish I had done it differently." Holmes also said she concealed Theranos' use of third-party devices over trade secret concerns. Theranos founder Elizabeth Holmes continued testifying in the 12th week of her federal fraud trial this week. Her defense has argued she couldn't have knowingly dup...
Tags: News, Stanford, Africa, Trends, Merck, Walgreens, New York Times, Fda, Npr, Trial, Pfizer, Siemens, Cnbc, Theranos, Gibbons, Elizabeth Holmes


Elizabeth Holmes Admits Doctoring Lab Reports With Pharma Company Logos

An anonymous reader quotes a report from NBC News: Theranos founder and former CEO Elizabeth Holmes returned to the witness stand Tuesday, confirming key aspects of the prosecutor's allegations behind the 11 counts of fraud she faces, but asserting that there was nothing wrong in what she did. The prosecution has repeatedly shown jurors lab reports emblazoned with logos of the pharmaceutical companies Pfizer and Schering-Plough. Witnesses from those companies who worked with Theranos testified t...
Tags: Nbc News, Tech, Walgreens, Pfizer, Theranos, Gibbons, Elizabeth Holmes, Holmes, Downey, Ian Gibbons, Kevin Downey, Doctoring Lab Reports With Pharma Company Logos, Schering Plough Witnesses


Elizabeth Holmes takes stand after prosecution rests in Theranos trial

In a surprise turn, failed startup founder Elizabeth Holmes began testifying Friday to defend herself against the 11 counts of criminal fraud she faces in #elizabethholmes #theranos #prosecution
Tags: Theranos, Elizabeth Holmes


‘I didn’t know what to believe’: what 11 weeks of the Elizabeth Holmes trial has revealed

The former Theranos CEO took the stand on Friday, marking a pivotal moment in the fraud caseGovernment prosecutors in the trial of Theranos CEO Elizabeth Holmes ended their case on Friday, capping off 11 weeks of testimony from witnesses detailing allegations of fraud against the founder.The Theranos saga has been widely covered since cracks began to emerge in the glossy image of the blood testing startup in 2015. But the first phase of the trial revealed more startling new details. Continue rea...
Tags: Technology, Theranos, Elizabeth Holmes


Theranos trial: Elizabeth Holmes makes surprise testimony

Elizabeth Holmes, the ex-boss of blood testing company Theranos, took the stand in her defence.
Tags: News, Theranos, Elizabeth Holmes


Elizabeth Holmes trial Week 11 recap: Holmes takes the stand

Theranos founder Elizabeth Holmes arrives with her mother Noel Holmes to attend her fraud trial at federal court in San Jose, California, U.S., November 17, 2021.Peter DaSilva/Reuters The fraud trial of Theranos founder Elizabeth Holmes has run through its 11th week. In a surprise move from the defense, Holmes took the stand late Friday afternoon. Here's everything that happened in the trial in its eleventh week. The prosecution rests Prosecutors rested their case Friday after nearly thr...
Tags: Trends, Cnn, Walgreens, Trial, Pfizer, Wall Street Journal, Cnbc, Theranos, Elizabeth Holmes, Reuters, Holmes, Tompkins, San Jose California, UnitedHealthcare, Grossman, Prosecution


In a surprise move, Elizabeth Holmes is testifying at the Theranos fraud trial

Elizabeth Holmes, the founder and CEO of disgraced blood-testing company Theranos, took the stand in her own defense late Friday, in a surprise move by the defense team. Holmes is being tried on... #elizabethholmes #surprisemove #fraudtrial #defenseteam #bloodtestingdevice #courtroom #theranos
Tags: Theranos, Elizabeth Holmes, Holmes


Prosecutors have rested their fraud case against Theranos founder Elizabeth Holmes after 11 weeks

Theranos founder and former CEO Elizabeth Holmes (L) walks with her mother Noel Holmes as they arrive for Elizabeth Holmes's trial at the Robert F. Peckham Federal Building on November 17, 2021 in San Jose, California. Holmes is facing charges of conspiracy and wire fraud for allegedly engaging in a multimillion-dollar scheme to defraud investors with the Theranos blood testing lab services.Justin Sullivan/Getty Images Prosecutors have rested their case in the federal fraud trial of Thera...
Tags: Defense, US, Trends, Trial, Theranos, Elizabeth Holmes, Robert, Holmes, Mattis, L, Tech Insider, Sarah Jackson, James Mattis, Noel Holmes, Erika Cheung, Peckham Federal Building


Here's everything that Theranos' four former lab directors have revealed about the company's troubled testing operations in Elizabeth Holmes' fraud trial

Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, U.S., July 17, 2019.Reuters/Stephen Lam All four of Theranos' former lab directors have testified in founder Elizabeth Holmes' fraud trial. They detail voiding up to 60,000 tests, being left in the dark, and how Holmes reacted to concerns. Here's everything we've learned so far about Theranos' issues in the lab, based on their testimony. Theranos launched despite lackin...
Tags: Trends, New York Times, Trial, Wall Street Journal, Cnbc, Theranos, Elizabeth Holmes, Holmes, Dhawan, Centers for Medicare, Medicaid Services, Sawyer, San Jose California, Das, Wall Street Journal Theranos, Tech Insider


Elizabeth Holmes trial Week 10 recap: 'Hostile' behavior from Theranos' former COO, and 60,000 voided tests

Kate Munsch/Reuters Week 10 of Theranos founder Elizabeth Holmes' fraud trial has concluded. Jurors learned a federal regulator said Theranos' lab posed "immediate jeopardy to patient health." Here's everything that happened in the trial in its tenth week. Former lab director unaware of proprietary device Lynette Sawyer, Theranos' former lab co-director for roughly six months in 2014 and 2015, continued her testimony, saying she didn't know what Theranos' propriet...
Tags: US, Trends, Psa, Larry Ellison, Trial, Oracle, Cnbc, Theranos, Elizabeth Holmes, Holmes, Sawyer, Das, Centers for Medicare Medicaid Services, KTVU, Kate Munsch, Tech Insider


Prosecutors in Elizabeth Holmes' fraud trial say they'll likely rest their case next week. Here's why that's probably a good thing for the Theranos founder.

Jane Tyska/Digital First Media/The Mercury News via Getty Images Prosecutors in the trial of Theranos founder Elizabeth Holmes will likely rest their case next week. An expert says this helps Holmes, since it could limit prosecutors' "compelling" case against her. In 10 weeks, 24 witnesses have testified; a previous filing listed more than 200 possible witnesses. The federal fraud trial of Theranos founder Elizabeth Holmes is nearing a critical turning point.Assistant US Attorney Jeff...
Tags: Cdc, US, Trends, Fraud, Rupert Murdoch, Wall Street Journal, Theranos, Elizabeth Holmes, Holmes, Henry Kissinger, Hagan, William Perry, Schenk, Tech Insider, Sarah Jackson, Jane Tyska


Theranos tests detected prostate-cancer marker in prostateless women (ars technica)

Enlarge / Former Theranos founder and CEO Elizabeth Holmes goes through security after arriving for court at the Robert F. Peckham Federal Building on September 17, 2021, in San Jose, California. (credit: Justin Sullivan/Getty Images) Around 2016, Theranos’ fourth lab director, Kingshuk Das, noticed a problem. He was analyzing data from the company’s diagnostic devices when he saw results from tests for prostate-specific antigen, or PSA. PSA is used to detect prostate cancer in men, an...
Tags: News, Theranos, Elizabeth Holmes, Robert, Holmes, San Jose California, Das, Justin Sullivan Getty, Tim De Chant, Peckham Federal Building, Kingshuk Das, PSA PSA


Elizabeth Holmes hired a bunch of experts so she could ignore them (the verge)

It seems like the doctors were just at Theranos for show Continue reading… [Author: Elizabeth Lopatto]
Tags: News, Theranos, Elizabeth Holmes, Elizabeth Lopatto


Elizabeth Holmes trial Week 9 recap: The Kissinger connection, and a former lab co-director cites a 'lack of clarity'

Elizabeth Holmes. Nick Otto/AFP via Getty Images The ninth week of Theranos founder Elizabeth Holmes' fraud trial is now over. It included testimony about investments from Henry Kissinger, the DeVos family, and Walmart's heirs. Here's everything that happened in the trial in its ninth week. Theranos investor: "There was not a lot of transparency" Black Diamond Ventures founder and managing director Chris Lucas told the jury this week that he invested roughly $1.5 million in Th...
Tags: Defense, US, Trends, Walmart, Getty Images, New York Times, Trial, Pfizer, The New York Times, Wall Street Journal, Theranos, Lucas, Elizabeth Holmes, Afp, Holmes, Walton


Theranos Trial Reveals Details of Federal Investigation at Troubled CA COVID Lab, Newsom Admin. Renews No-Bid Contract

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Tags: California, Senate, Uncategorized, Sacramento, Cms, Cbs, Fda, Theranos, Elizabeth Holmes, Gavin Newsom, Democratic, Holmes, Assembly, WILK, EUA, PerkinElmer


Claim: Theranos's Elizabeth Holmes duped Betsy DeVos out of $100m

Elizabeth Holmes, the founder of blood-testing startup Theranos, is on trial charged with fraud related to the company's collapse. But here's something to like about her: she allegedly screwed Trump education secretary Betsy DeVos out of $100m along the way. Former Education Secretary Betsy DeVos was given false and misleading information before investing $100 million into Theranos, whose founder and former CEO is on trial for allegedly defrauding investors and patients about the company's bl...
Tags: Post, News, Theranos, Elizabeth Holmes, Trump, DeVos, Betsy DeVos


Judge dismisses juror in the Elizabeth Holmes trial for playing Sudoku during court proceedings, report says

Elizabeth Holmes, former CEO of Theranos, in a San Jose courtroom in September. Justin Sullivan/Getty Images A juror in the Holmes trial was sent home for playing Sudoku, The Wall Street Journal reported. "Were you playing this Sudoku?" Judge Edward J. Davila asked juror No. 5, CNBC reported. Friday's dismissal marked the third exit of a juror since the trial began seven weeks ago. A few minutes after Judge Edward Davila brought the Elizabeth Holmes trial into session on Friday, he pa...
Tags: News, California, Trends, Fraud, San Jose, Cnbc, Theranos, Elizabeth Holmes, Buddhist, Holmes, Justin Sullivan Getty, DaVila, Sudoku, Tech Insider, Edward Davila, Edward J Davila


Judge dismisses juror in the Elizabeth Holmes trial for playing Sudoku during court proceedings, reports say

Elizabeth Holmes, former CEO of Theranos, in a San Jose courtroom in September. Justin Sullivan/Getty Images A juror in the Holmes trial was sent home for playing Sudoku, The Wall Street Journal reported. "Were you playing this Sudoku?" Judge Edward J. Davila asked juror No. 5, CNBC reported. Friday's dismissal marked the third exit of a juror since the trial began seven weeks ago. A few minutes after Judge Edward Davila brought the Elizabeth Holmes trial into session on Friday, he pa...
Tags: News, California, Trends, Fraud, San Jose, Cnbc, Theranos, Elizabeth Holmes, Buddhist, Holmes, Justin Sullivan Getty, DaVila, Sudoku, Tech Insider, Edward Davila, Edward J Davila


Elizabeth Holmes trial Week 7 recap: a $1 billion IPO plan, and a former staffer testifies he was told to change numbers to make test results seem normal

Theranos founder Elizabeth Holmes and her partner Billy Evans leaves the Robert F. Peckham U.S. Courthouse after the delivery of opening arguments in her trial, in San Jose, California, U.S., September 8, 2021. Peter DaSilva/Reuters The seventh week of Theranos founder Elizabeth Holmes' fraud trial has come and gone. It featured revelations on plans for a $1 billion IPO and ways staff tried to skirt testing issues. Here's everything that happened in the trial in its seventh week. ...
Tags: Africa, Trends, Walgreens, New York Times, Trial, Christian, Pfizer, Defense Department, Wall Street Journal, Young, Cnbc, Theranos, Elizabeth Holmes, Reuters, Weber, Daniel Young


Theranos’ second lab director got $5K a month to rubber-stamp forms (ars technica)

Enlarge / Elizabeth Holmes, founder and former CEO of blood-testing and life sciences company Theranos, leaves the courthouse with her husband, Billy Evans, after the first day of her fraud trial in San Jose, California, on September 8, 2021. (credit: Nick Otto / AFP) In yesterday’s installment of the Elizabeth Holmes criminal trial, the jury heard some eye-opening testimony from Sunil Dhawan, the doctor Theranos hired to replace its previous lab director. Dhawan was the longtime dermat...
Tags: News, Theranos, Elizabeth Holmes, Holmes, Dhawan, San Jose California, Nick Otto, Billy Evans, Balwani, Adam Rosendorff, Tim De Chant, Sunil Dhawan


The Elizabeth Holmes trial: The defense gets smacked down twice in one day

Attorneys for the Theranos founder tried - and failed - to bar the reporter John Carreyrou from the trial. Gilbert Carrasquillo/Getty Images; Michael Loccisano/Getty Images; Samantha Lee/Insider Prosecutors and defense attorneys are battling over Elizabeth Holmes in her fraud trial, but the news media is also an active litigant in the proceedings. Journalists and their publications have argued three separate matters before the court, reflecting both the high-profile nature of the case and t...
Tags: Twitter, News, Trends, Fraud, Healthcare, Cousins, Fortune, Wall Street Journal, US supreme court, Theranos, Elizabeth Holmes, Buddhist, Holmes, DaVila, Media Coalition, Michael Loccisano Getty


Elizabeth Holmes trial Week 6 recap: Trouble with Safeway and Walgreens deals, and how a dermatologist became the startup's lab director

Theranos founder Elizabeth Holmes leaves the Robert F. Peckham U.S. Courthouse with her mother Noel Holmes during her trial. Brittany Hosea-Small/Reuters The fraud trial of Theranos founder Elizabeth Holmes has concluded its sixth week. It included testimony about Theranos' failed Walgreens and Safeway deals. Here's everything that happened in the trial in its sixth week. "I have never been more frustrated" Former Safeway CEO Steven Burd returned to the stand, testifying that his...
Tags: Trends, Walgreens, Trial, Wall Street Journal, Journal, Theranos, Elizabeth Holmes, Reuters, Holmes, Safeway, Dhawan, KTVU, Edlin, Miquelon, Tech Insider, Sarah Jackson


The Elizabeth Holmes trial: Another sucker takes the stand

Former Safeway CEO Steven Burd leaves the courthouse after testifying in the Theranos trial. Brittany Hosea-Small/Reuters The first few alleged victims who have been called to testify in the fraud trial of Elizabeth Holmes, the founder of Theranos, might as well be called The Smartest Dupes in the Room. First came James Mattis, the retired four-star general, who testified that he invested in the failed blood-testing startup even though Holmes was his "sole source" of information about the c...
Tags: News, US, Trends, Fraud, Healthcare, Theranos, Elizabeth Holmes, Holmes, Safeway, Jonathan, Downey, Perry Mason, Johns Hopkins University, Leach, Mattis, Adam Lashinsky


10 things in tech you need to know today

Tesla CEO Elon Musk. Patrick Pleul/picture alliance via Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. ​​Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get started.1. Elon Musk is moving Tesla's headquarters from California to Austin, Texas. The Tesla chief made the announcement during an annual shareholder meeting. Musk outlines some of the reasoning behind the move here...
Tags: Google, Facebook, Twitter, Elon Musk, California, Newsletter, Trends, Tech, Tesla, Netflix, New York Times, Silicon Valley, James Murdoch, Rupert Murdoch, Twitch, Theranos


Elizabeth Holmes trial Week 5 recap: A juror leaves over punishment beliefs, and former Safeway CEO Steven Burd describes an unusual deal

Jane Tyska/Digital First Media/The Mercury News via Getty Images The fraud trial of Theranos founder Elizabeth Holmes has rounded out its fifth week. Former Safeway CEO Steven Burd testified, and another juror left in a troubling sign for Holmes. Here's everything that happened in the trial in its fifth week. Former lab director completes six days on the stand The trial resumed this week with the continued cross-examination of former Theranos lab director Adam Rosendorff. Lance Wade,...
Tags: Trends, Trial, Abc News, Journal, Valencia, Theranos, Elizabeth Holmes, Wade, Holmes, Safeway, KTVU, PerkinElmer, DaVila, ABC News She, Tech Insider, Sarah Jackson


Safeway spent $367M to prepare for Theranos tests that never came (ars technica)

Enlarge / Elizabeth Holmes, founder and chief executive officer of Theranos, is on trial for wire fraud. (credit: David Paul Morris/Bloomberg/Getty Images) Theranos founder Elizabeth Holmes’ charisma may have convinced the CEO of a major grocery store chain to form a partnership with the company, but it wasn’t enough to prevent the relationship from souring when the blood-testing startup inevitably couldn’t deliver on its promises. In court for Holmes’ criminal trial yesterday, former S...
Tags: News, Theranos, Elizabeth Holmes, Holmes, Safeway, Burd, David Paul Morris Bloomberg Getty, Tim De Chant, Steven Burd