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Holmes

B&F Magazine

Former Theranos CEO Holmes convicted of fraud and conspiracy | Business & Finance

SAN JOSE, Calif. (AP) — In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood. A jury convicted Holmes, […]

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B&F Magazine

Holmes jury ends fourth inconclusive day of deliberations | Business & Finance

SAN JOSE, Calif. (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes conducted a fourth day of deliberations Monday without reaching a verdict. Holmes is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when in fact it was […]

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B&F Magazine

In the Elizabeth Holmes criminal case, the media is also on trial

Holmes’ criminal case is underway in a San Jose federal court where her relationship with 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 […]

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