Jurors saw Ms. Holmes’s face on the screen in a video clip, telling CNBC’s Jim Cramer in 2015: "Every test that we offer in our laboratory can run on our proprietary devices." Elizabeth Holmes, Theranos CEO and the world's youngest self-made female billionaire, in an intervie...
Despite losing Tevanian, Holmes forged ahead but was running out cash and said she was considering doing an equity raise, essentially trying to find new investors to buy into her company. The trouble with that was timing. This was in the midst of the Great Recession. Even compan...
Elizabeth Holmes, then-Theranos CEO and the world's youngest self-made female billionaire, in an interview on September 29, 2015 (David Orrell/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images / Getty Images) Beyond the harm Holmes did to Theranos' investors, several factors weighed against ...
On April 29, 2015, Holmes wrote "Advice all day – EAH call – talk George off cliff…" While it's not clear what she meant, Tyler Shultz had warned his grandfather about possible fraud inside the company, according to Carreyrou's book "Bad Blood." Tyler Shultz is expected to testify...
Murdoch refused even though the collapse of Theranos would cause Murdoch to personally lose hundreds of millions of dollars. Holmes, who had turned out all interview requests from the reporter, met with Murdoch in the same building and at the same time that Carreyrou was in ...
The false statements from Holmes didn't stop after the investment, Peterson said. For the first time in the trial, jurors were shown video footage of Holmes, as prosecutors played three clips of her 2015 interview with CNBC's "Mad Money." watch now VIDEO06:31 Theranos: Democratizing your ...
Elizabeth Holmes, Theranos CEO and the world's youngest self-made female billionaire, in an interview, Sept. 29, 2015. David Orrell/CNBC via Getty Images Her board of directors was a who’s who of government heavyweights that at a time included former Secretaries of State George ...
Around this time, Holmes and Balwani’s romantic relationship also ended, and Holmes moved out of their shared home. In an interview with The New York Times and during her testimony in her federal trial, Holmes has said Balwani was emotionally and sexually abusive. Holmes said he was critical...
Elizabeth Holmes is in trouble. Flying too close to the fraudulent sun.Credit: Lisa Lake/Getty Stanford University dropoutElizabeth Holmeswas once anointed "the next Steve Jobs." Sadly for the now disgraced (and soon to be former) CEO ofTheranos, her "one more thing" just so happens to be...
Elizabeth Holmes, Theranos CEO and the world's youngest self-made female billionaire, in an interview on September 29, 2015 (David Orrell/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images / Getty Images) GET FOX BUSINESS ON THE GO BY CLICKING HERE The young entrepreneur became a billionaire...