Latest Theranos Inc News

Elizabeth Holmes gets emotional under fire by prosecutors

Nov. 30, 2021 20:02 PM EST

SAN JOSE, Calif. (AP) — One-time entrepreneur Elizabeth Holmes, under questioning by prosecutors, struggled Tuesday to recall key events that led to her facing criminal fraud charges for allegedly fleecing investors and customers of her failed blood-testing startup Theranos. ...

Elizabeth Holmes accuses ex-lover, business partner of abuse

Nov. 29, 2021 20:36 PM EST

SAN JOSE, Calif. (AP) — Disgraced entrepreneur Elizabeth Holmes described herself as the abused puppet of her former lover and business partner Sunny Balwani in tearful testimony Monday, part of her attempt to refute accusations that she lied about a flawed blood-testing technology she had...

Elizabeth Holmes denies deception at her criminal trial

Nov. 24, 2021 00:11 AM EST

SAN JOSE, Calif. (AP) — Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive medical scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company's blood-testing methods weren't working as she...

Elizabeth Holmes denies deception at her criminal trial

Nov. 23, 2021 23:38 PM EST

SAN JOSE, Calif. (AP) — Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive medical scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company's blood-testing methods weren't working as she...

Elizabeth Holmes makes her case to the jury in fraud trial

Nov. 22, 2021 23:17 PM EST

SAN JOSE, Calif. (AP) — Elizabeth Holmes, the one-time medical entrepreneur now charged with building a fraudulent company based on promises of a revolutionary technology, returned to the witness stand Monday. Her testimony, which focused largely on her enthusiasm based...

Elizabeth Holmes takes the stand in her criminal fraud trial

Nov. 19, 2021 21:52 PM EST

SAN JOSE, Calif. (AP) — Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients about her startup Theranos and its medical device that she said would reshape health care, took the witness stand late Friday in her trial for criminal fraud. ...

Reporter recalls pivotal story in Elizabeth Holmes' stardom

Nov. 18, 2021 22:37 PM EST

SAN JOSE, Calif. (AP) — The Fortune Magazine reporter whose cover story helped turn Elizabeth Holmes into a Silicon Valley sensation testified Thursday as to how he ended up feeling like a pawn in the entrepreneur's promotion of what she called a revolutionary blood-testing technology. ...

Jury gets chance to hear Elizabeth Holmes' bold promises

Oct. 22, 2021 19:54 PM EDT

SAN JOSE, Calif. (AP) — A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes got its first chance Friday to listen to recordings of her boasting to investors about purported breakthroughs in a blood-testing technology. The technology heralded as a...

Theranos CEO wooed investors while lab director saw trouble

Sep. 28, 2021 18:48 PM EDT

SAN JOSE, Calif. (AP) — Fallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable, according to evidence presented Tuesday during...

Former US defense secretary testifies in Holmes fraud trial

Sep. 22, 2021 22:12 PM EDT

SAN JOSE, Calif. (AP) — Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives...