Tech

Safeway spent $367M to prepare for Theranos tests that never came

Enlarge / Elizabeth Holmes, founder and chief executive officer of Theranos, is on trial for wire fraud. (credit: David Paul Morris/Bloomberg/Getty Images) Theranos founder Elizabeth Holmes’ charisma may have convinced the CEO of a major grocery store chain to form a partnership with the company, but it wasn’t enough to prevent the relationship from souring […]

Tech

Elizabeth Holmes’ defense strikes back in cross-examination of lab director

Enlarge / Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building and US Courthouse in San Jose, Calif., on Wednesday, Sept. 22, 2021. Holmes is charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud plus could face up to 20 years within prison if convicted. (credit: […]

Tech

Theranos device failed pharma evaluation, while lab director cleared it for seven tests

Enlarge / Theranos founder Elizabeth Holmes. (credit: Getty | CNBC ) A scientist who worked at a Theranos partner said that her company did not “comprehensively validate” the diagnostic startup’s proprietary devices, undermining a claim that founder Elizabeth Holmes allegedly made to investors. Victoria Sung had been tasked with evaluating Theranos’ Edison device for her […]

Tech

Elizabeth Holmes urged employees to hide Theranos’ lab equipment from inspectors

Enlarge / Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the US District Courthouse in San Jose, California. (credit: Getty | Yichuan Cao) A patient on blood thinners reported bruising and feeling off after a medication change following a Theranos test, the court heard yesterday […]