Separately, a ruling on Monday set the restitution owed by Holmes and former Theranos CEORamesh “Sunny” Balwaniat$452 million. Despite the years and the dollars, however, as Elizabeth Lopatto wrote last year:Elizabeth Holmes’ verdict won’t change Silicon Valley. NPR. Holmes’11-year sentenc...
Theranos Founder Elizabeth Holmes Seeks to Overturn Fraud Conviction More Reuters FILE PHOTO: Theranos founder Elizabeth Holmes arrives to begin serving her prison sentence for defrauding investors in the failed blood-testing startup, at the Federal Prison Camp in Bryan, Texas, U.S. ...
In 2003, 19-year-old Stanford University student Elizabeth Holmes founded Theranos, a tech company that promised to revolutionize the healthcare industry through a device that could immediately deliver an array of diagnoses via a simple finger prick. Of course, the revolution was all smoke and mir...
Elizabeth Holmes was just 19 years old when she dropped out of Stanford University with a dream of creating a company that would revolutionize blood testing. She founded the start-up Theranos and boasted her technology could take a pin-prick worth of blood from the finger and perform hundreds ...
a u.s. judge on monday denied theranos founder elizabeth holmes' request to remain free on bail while she appeals her conviction on charges of defrauding investors in the failed blood-testing startup that was once valued at $9 billion. holmes, who rose to fame after...
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The idea of making blood testing easier, less painful, and cheaper was so appealing that few questioned if Theranos’s proposed solution was too good to be true. Holmes, with her youthfulingenuityand domineering leadership style, was the darling ofSilicon Valley, the hyper-professional “it girl...
Theranos, Inc., was a medical diagnostic company founded in 2003 by Stanford dropout and entrepreneur Elizabeth Holmes that was later revealed to have falsified its data and inflated its claims.
A jury has returned verdicts in the trial of Theranos founder Elizabeth Holmes 02:12 - Source: CNN Business What we covered here Elizabeth Holmes, the disgraced founder and former CEO of Theranos, resumed testifying Tuesday in her criminal trial. In a surprise move, Holmes took the s...
A jury has returned verdicts in the trial of Theranos founder Elizabeth Holmes 02:12 - Source: CNN Business What we covered here Elizabeth Holmes, the disgraced founder and former CEO of Theranos, resumed testifying Tuesday in her criminal trial. In a surprise move, Holmes took the ...