SAN JOSE, Calif.—The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes faces the fifth day of deliberations Tuesday. 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 prone to wild errors. The eight men…
Holmes Jury Heads Into Fifth Day of Deliberations
December 28, 2021
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Holmes Jury Ends Fourth Inconclusive Day of Deliberations
SAN JOSE, Calif.—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 prone to wild…
Elizabeth Holmes Fraud Case Heads to the Jury
December 18, 2021
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SAN JOSE, CALIF.—The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case Friday afternoon after a three-month trial that captivated Silicon Valley. The hand-off came after lawyers for the opposing sides wrapped up a second day of painstaking final arguments to sum up their…
Fate of Elizabeth Holmes Will Soon Be in the Hands of Jurors
December 17, 2021
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SAN JOSE, Calif.—Lawyers for opposing sides in the trial of former Theranos CEO Elizabeth Holmes are expected to wrap up closing arguments Friday, paving the way for a jury to begin deliberations over criminal charges accusing her of turning her blood-testing startup into a massive scam. The case revolving around Holmes’ meteoric rise to become…
What Elizabeth Holmes Had to Say at Her Trial: 5 Takeaways
December 10, 2021
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SAN JOSE, CALIF.—Once-lionized entrepreneur Elizabeth Holmes wrapped up seven days of testimony in her criminal fraud trial Wednesday, having largely used the time to defend her actions as CEO of the startup Theranos. The company she founded had soared on the promise of innovative blood-testing technology only to crash in a sordid display of failure…
Kash’s Corner: Three Bombshell Cases—A Closer Look at the Ghislaine Maxwell, Elizabeth Holmes, and Jussie Smollett Trials
December 3, 2021
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In this episode of Kash’s Corner, we take a closer look at three high-profile trials currently making their way through the courts: Ghislaine Maxwell, the former girlfriend and business associate of Jeffrey Epstein; Elizabeth Holmes, the founder of the blood-testing company Theranos, who is accused of wire fraud and conspiracy; and Jussie Smollett, the “Empire”…
Elizabeth Holmes Gets Emotional Under Fire by Prosecutors
December 2, 2021
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SAN JOSE, Calif.—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. Her cross-examination began the day after she shared painfully vivid memories of alleged abuse by her ex-lover and business…
Theranos’ Holmes Testifies She Was Abused by Ex-Partner Balwani
SAN JOSE, Calif.—Theranos founder Elizabeth Holmes testified on Monday she was abused by her former romantic partner and Theranos executive Ramesh “Sunny” Balwani and that the relationship had a pervasive impact on her life during the time when she is accused of committing fraud. During her fourth day on the stand, Holmes, 37, occasionally choked…
Theranos Founder Elizabeth Holmes Takes Stand to Defend Herself in Fraud Case
November 20, 2021
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SAN JOSE, Calif.—Theranos founder Elizabeth Holmes took the stand on Friday to defend herself against charges of defrauding investors and patients about the now-defunct blood-testing startup once valued at $9 billion. Holmes, 37, is accused of making false claims about Theranos, including that its technology could run a range of diagnostic tests more quickly and…
NTD Business Full Broadcast (Sept. 8)
Businesses across the country struggling to hire workers, with the overall economy seeing record number of job openings. The highly anticipated Elizabeth Holmes trial begins today, what’s she accused of and what’s her lawyer saying in her defense? Is Facebook reading your Whatsapp messages? A new investigation says it is, despite the company repeatedly saying…
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