Former Theranos COO set to be sentenced
Ramesh "Sunny" Balwani, the former chief operating officer of failed blood testing startup Theranos, is set to be sentenced on Wednesday for fraud, marking an end to the stunning downfall of a high-flying Silicon Valley company that resulted in the r.....»»
In the Elizabeth Holmes criminal case, the media is also on trial
For a time, Elizabeth Holmes was a media darling. The college dropout who started her blood-testing company Theranos at 19 graced the cover of magazines such as Forbes, Fortune, and Inc. in her signature black turtleneck to help cultivate her image a.....»»
Elizabeth Holmes “was in charge” at Theranos, Mattis tells court
"I thought all along that we were doing it on Theranos' gear," Mattis said. Elizabeth Holmes speaking at the Fortune Global Forum in 2015, around the time Theranos was under increasing pressure to deliver results from its ill-fated Edison testin.....»»
Elizabeth Holmes “was in charge” of Theranos, Mattis tells court
“I thought all along that we were doing it on Theranos’ gear,” Mattis said. Elizabeth Holmes speaking at the Fortune Global Forum in 2015, around the time Theranos was under increasing pressure to deliver results from its ill-fated Edison.....»»
Former Defense Secretary James Mattis invested $85,000 in Theranos and let Elizabeth Holmes take his blood
James Mattis, the former US Secretary of Defense and onetime Theranos board member, recounted how he lost confidence in the failed blood-testing startup during his testimony Wednesday in the criminal trial of the company's founder and former CEO Eliz.....»»
Former Defense Secretary James Mattis testifies in trial of Elizabeth Holmes
James Mattis, the former US Secretary of Defense and onetime Theranos board member, recounted how he lost confidence in the failed blood-testing startup during his testimony Wednesday in the criminal trial of the company's founder and former CEO Eliz.....»»
Inexplicably volatile Theranos results falsely warned pregnant woman of miscarriage
Erratic test results defied “medical explanation.” Enlarge / Former Theranos founder and CEO Elizabeth Holmes goes through security after arriving for court at the Robert F. Peckham Federal Building September 17, 2021 in San Jose, California.....»»
Elizabeth Holmes moved ahead with Walgreens rollout despite internal concerns, former Theranos scientist testifies
A longtime Theranos scientist depicted Elizabeth Holmes as prioritizing a business partnership over the possible well-being of patients in testimony capping off the first full week of witnesses taking the stand in the criminal trial of the disgraced.....»»
Man once called world’s “largest facilitator of child porn” sentenced to 27 years
Freedom Hosting spread millions of images, including "sadistic abuse of infants." Enlarge / Eric Eoin Marques led away from the High Court in Dublin in August 2013 after US authorities formally requested his extradition. (credit: Getty Images |.....»»
Cherry-picking data was routine practice at Theranos, former lab worker says
Theranos’ Edison device failed at least 25 percent of the time, court hears. 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 f.....»»
Former Theranos lab worker details concerns about company"s ability to conduct blood tests
Erika Cheung, a former Theranos lab worker turned whistleblower, testified Wednesday during the trial of founder Elizabeth Holmes about how she grew increasingly uncomfortable about the startup's ability to accurately conduct blood tests on patients......»»
Theranos burned through $2M a week as investors were given rosy projections
Jurors heard about mounting losses, fudged data from first witnesses. Enlarge / Theranos founder Elizabeth Holmes collects her belongings after going through security at the Robert F. Peckham Federal Building with her defense team on August 31,.....»»
Theranos promised investors $1B in revenue despite internal projection of just $100M
Jurors heard about mounting losses, fudged data from first witnesses. Enlarge / Theranos founder Elizabeth Holmes collects her belongings after going through security at the Robert F. Peckham Federal Building with her defense team on August 31,.....»»
Was Theranos a Sign of Larger Problems in Silicon Valley"s Startup Culture?
Were Elizabeth Holmes and Theranos symptomatic of something larger? The BBC's North America tech reporter writes that in Silicon Valley, many believe that the story, "far from being an aberration — speaks of systemic problems with start-up cult.....»»
The rise and fall of Elizabeth Holmes: A timeline
Elizabeth Holmes, the founder and former CEO of failed biotech startup Theranos, went from being hailed as the next Steve Jobs to facing up to 20 years in prison over federal fraud charges. How did Holmes get here?.....»»
Elizabeth Holmes" trial begins with opening statements
Elizabeth Holmes and the US government faced off in a San Jose federal courtroom in the long-awaited criminal trial of the founder and former CEO of Theranos......»»
Justice Department Says Facial Recognition Helped End an Almost 15-year Manhunt
A fugitive who Justice Department officials say had scammed more than 20 people out of hundreds of thousands of dollars was sentenced to four years in prison on Friday, after being on the run for almost 15 years. From a report: Austrian authorities w.....»»
Theranos Patients: The Emerging Wild Card in the Trial of Elizabeth Holmes
The government hopes patient testimony -- if a judge allows it -- in the closely watched criminal fraud trial will support the charge that Elizabeth Holmes touted the company's medical tests as reliable despite knowing of bad results. The former exec.....»»
eBay manager imprisoned for harassment of journalists the CEO wanted to “take down”
One ex-eBayer gets 18 months, four others await sentencing, and two face trial. Enlarge (credit: Getty Images | Charles O'Rear) A former eBay security manager who pleaded guilty for his role in a cyberstalking conspiracy was sentenced to 18 mo.....»»
Former eBay Supervisor Sentenced To 18 Months in Prison For Cyberstalking Case Targeting Natick Couple
A former security supervisor at eBay received an 18-month federal prison sentence Tuesday for his role in a bizarre campaign of cyberstalking aimed at a Natick couple that ran an online newsletter often critical of the e-commerce giant, authorities s.....»»
A Grandfather Died in "Swatting" Over His Twitter Handle, Officials Say
Mark Herring had a fatal heart attack after the police swarmed his house after a fake emergency call. A Tennessee man was sentenced to five years in prison in connection with the episode. From a report: Mark Herring was at home in Bethpage, Tenn., on.....»»