The Theranos deception - dofaq.com
elizabeth holmes

The Theranos deception

CBS News - 17 Sep 2018
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. As we first reported last May, Holmes founded the start-up Theranos and boasted her technology ...
elizabeth holmes

Was the media duped by Elizabeth Holmes?

CBS News - 16 Sep 2018
For the media, Elizabeth Holmes' story proved irresistible: a bright young woman revolutionizing blood testing, in Silicon Valley no less. Fortune magazine put her on their cover. Forbes named her one of the richest self-made women in the world.
elizabeth holmes

Theranos is shutting down for good

CNNMoney - 05 Sep 2018
The startup's founder and former CEO, Elizabeth Holmes, was indicted on federal wire fraud charges in June. Holmes and the company's former COO and president Ramesh "Sunny" Balwani allegedly engaged in a multimillion dollar scheme to defraud ...
elizabeth holmes

Now We Know Tech Won't Save Us

POLITICO Magazine - 05 Sep 2018
Young billionaire-leaders like Mark Zuckerberg, Elizabeth Holmes and Elon Musk stared at business travelers from their perches on airport magazine stands, our modern Mount Olympus. Yet today it's impossible to sustain the illusion that Silicon Valley ...
elizabeth holmes

Theranos closes deal with Fortress to shut down embattled firm

MarketWatch - 13 Sep 2018
Elizabeth Holmes founded Theranos in 2003, and was its chairman until the company's final deal closed Wednesday. Holmes was indicted in June on several counts of criminal conspiracy and wire fraud. At that time she stepped down from the CEO role and ...
elizabeth holmes

Elizabeth "Betty" Holmes

LancasterOnline - 05 Sep 2018
Elizabeth "Betty" Holmes, 80, of Lancaster, passed away peacefully with her family by her side on Monday, September 3, 2018 at Lancaster General Hospital, as a result of an illness suffered while celebrating her "significant birthday" with her family ...
elizabeth holmes

Bad Blood Author John Carreyrou On Elizabeth Holmes And Theranos

ValueWalk - 27 Aug 2018
This one's called Bad Blood by John Cariou and it's about the sordid tale of thoroughness the alleged blood diagnostic company and its charismatic and culpable founder Elizabeth Holmes. This book reads like a novel about greed about chicanery and only ...
elizabeth holmes

Was once the media duped by Elizabeth Holmes?

Newsline - 17 Sep 2018
For the media, Elizabeth Holmes' memoir proved irresistible: a radiant young lady revolutionizing blood testing, in Silicon Valley no less. Fortune magazine place apart her on their duvet. Forbes named her one among the richest self-made females on ...
elizabeth holmes

Blood-testing startup Theranos said to be closing

WGN-TV - 07 Sep 2018
The announcement comes nearly three months after Theranos founder and former CEO Elizabeth Holmes and former Chief Operating Officer Ramesh Balwani were charged with criminal fraud. Prosecutors allege Holmes and Balwani deliberately misled ...
elizabeth holmes

Tesla criminal probe into Elon Musk tweet opens up 'Pandora's box'

Toronto Star - 19 Sep 2018
At the other extreme are companies like Theranos Inc., which pumped up its valuation with what the government said were false promises, leading to charges against founder Elizabeth Holmes and another senior executive. “Criminal investigations are never ...
elizabeth holmes

Waltons lose $150M in firm's failure

Arkansas Online - 08 Sep 2018
The Wall Street Journal reported Wednesday that Theranos is shutting down, about three months after founder Elizabeth Holmes and former chief operating officer Ramesh Balwani were charged with criminal fraud. The company, at one time worth more than ...
elizabeth holmes

Criminal investigation could hurt Tesla fundraising and recruitment

Los Angeles Times - 18 Sep 2018
Earlier this year, Theranos founder Elizabeth Holmes settled with the SEC for defrauding investors in the blood-testing company. In June, the Justice Department charged her with criminal fraud. Sept. 19 7:30 a.m.: This story was updated with comment ...
elizabeth holmes

Stupid Money Risk Is Real

Seeking Alpha - 23 Aug 2018
Musk aims to distract from the company's ongoing production woes and cash burn by portraying it as under siege by short sellers and the media (a tactic reminiscent of Elizabeth Holmes and Theranos). A war with short sellers could be easier to win than ...

What's New