Tag: Elizabeth Holmes

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 her criminal trial.

Elizabeth Holmes, founder and CEO of Theranos, arrives at the federal courthouse for jury selection in her trial, Tuesday, Aug. 31, 2021, in San Jose, Calif. Holmes faces 12 felony counts alleging she engineered a massive fraud that duped a litany of rich investors with a blood-testing technology that she promised would be able to screen for hundreds of diseases with a finger prick.