Business & Tech Elizabeth Holmes' Former Boyfriend and Business Partner Sunny Balwani Found Guilty of 12 Out of 12 Fraud Counts The San Jose jury in the federal trial of former Theranos President Ramesh "Sunny" Balwani found Balwani guilty of 12 counts of fraud and conspiracy Thursday morning.
SF News Theranos Exec Sunny Balwani's Fraud Trial Kicks Off Just In Time for Hulu's Elizabeth Holmes Series 'The Dropout' Hulu's new series about Elizabeth Holmes and the Theranos disaster, The Dropout, premieres Thursday. And then next week, Holmes's former lover and business partner, Ramesh "Sunny" Balwani, heads to trial.
SF News Humpday Headlines: Elizabeth Holmes Sentencing Likely In September Sentencing for Elizabeth Holmes delayed until September pending Sunny Balwani's trial, recent storms flushed a lot of microplastics into the Bay, and China is suspending some flights into the country from SFO.
Business & Tech Will Elizabeth Holmes Face Stiff Sentence, or Will Judge Go Easy On Her Because of Baby? The specter of the Theranos collapse could linger on both with the upcoming trial of alleged co-conspirator Sunny Bulwani, and with Holmes's sentencing, which could come in mid-2022. But her jail time could be delayed pending an appeal.
Business & Tech Elizabeth Holmes Found Guilty On Four Counts of Fraud, Not Guilty On Four Others, Jury Remained Hung on Three The verdict is in, at least two-thirds of one, for Elizabeth Holmes, and while she'll surely appeal, some time in the clink looks fairly inevitable for the disgraced entrepreneur.
SF News [Update] Elizabeth Holmes Jury Deadlocked on Three of Eleven Counts, Judge Polls Jurors The big news of Elizabeth Holmes’ Theranos fraud trial today is not entirely big news yet, just another delay, but the flip side of the jury being deadlocked on three counts means they will render a verdict on the other eight.
SF News Humpday Headlines: Verdict In Holmes Trial Likely Coming Before Christmas The rain we're getting is from a "decaying cyclone" over the Pacific, the jury in the Elizabeth Holmes trial could return a verdict Thursday, and the last Michael Vick dog-fight ring dog has died in Oakland.
SF News Elizabeth Holmes Details Rape, Assault Accusations Against Co-Defendant ‘Sunny’ Balwani It was expected that Theranos founder Elizabeth Holmes would heap blame on her ex and business partner Ramesh “Sunny” Balwani. But the rape and sexual assualt accusations were stark, and actually explain her “deep voice” bit.
SF News In Holmes Trial, Ex-Pfizer Exec Testifies Holmes Swiped Pfizer Logo to Claim They Validated Her Tests Theranos sold Walgreens on their bogus blood test technology by claiming Pfizer had validated it. A Pfizer analyst says Holmes just did a ‘Right Click, Save As’ with the Pfizer logo.
Business & Tech Jury Selection Set to Begin In Elizabeth Holmes Trial; Defense Expected to Cite Abuse by Boyfriend The high-profile criminal trial begins this week of disgraced Theranos founder Elizabeth Holmes. While opening arguments in the San Jose courtroom won't begin until after Labor Day, jury selection begins on Tuesday, August 31.
Business & Tech Elizabeth Holmes Is Pregnant and Her Defense Has Won Her Another Delay In Her Criminal Trial Attorneys for disgraced Theranos founder and possible cyborg Elizabeth Holmes — who, believe it or not, still hasn't gone to trial in her fraud case — won yet another delay in the court case because their client is pregnant, and her due date is right around when her trial was set to begin in July.
Business & Tech Feds Allege Elizabeth Holmes Destroyed a SQL Database That Proved Her Theranos Product was Garbage Prosecutors subpoenaed an internal Theranos database they say proved executives knew their blood test product was a sham. That database was promptly destroyed, according to a new filing.
Business & Tech Elizabeth Holmes Tried Six Ways to Get Out of Going to Trial, and a Judge Denied All Six Embattled Theranos founder and uncanny humanoid impersonator Elizabeth Holmes, along with her attorneys, filed six motions in federal court in August in an attempt to have the indictments and criminal charges against her thrown out before going to trial. On Wednesday, a judge denied all of them.
Business & Tech Elizabeth Holmes's Lawyers Make End Run To Have Fraud Case Thrown Out An attorney for Holmes moved to have a federal judge throw out all 11 fraud charges against the two defendants claiming the government's case is too "broad" and "full of ambiguity and fudging language."
SF News Feds Finding Ways to Bleed Accused Fraudster Elizabeth Holmes of $700 Million (If Found Guilty) It’s real deep legal trouble for the fake deep-voiced Theranos founder, who could be on the hook for more than a half-billion dollars.
SF News Humpday Headlines: Elizabeth Holmes' Lawyers Argue for Document Release Elizabeth Holmes' lawyers in a civil case say she hasn't paid them, electric scooter injuries are way up, and cell providers are testifying in Sacramento about the impacts of PG&E's shutoffs.
SF News Elizabeth Holmes Spotted Looking 'Happy' In The Marina, Recognized By Her Voice Disgraced local biotech whiz kid and accused fraudster Elizabeth Holmes came throatily back into the news with that HBO doc, and now Inside Edition is chasing her around SF.
SF News Theranos Offers More Shares To Investors Who Pinky Swear Not To Sue Riddle me this: You think you might want to sue a company. But instead, would you like a lot of shares in it? If you like the sound of that deal, you'll love
SF News Theranos Whistleblower Was Grandson Of Board Member George Shultz, Former Secretary Of State The walls are closing in around Palo Alto-based "blood testing" startup Theranos, whom erstwhile partner Walgreens is now suing for $140 million in voided tests. But a new layer to the drama has
SF News Walgreens Is Suing Theranos For $140 Million Over Voided Blood Tests Walgreens is suing the embattled health startup Theranos over claims that the company breached its contract with the pharmacy chain after it was forced to void years worth of blood tests and give
SF News Theranos Deathwatch: First Major Investor Sues Company For 'Series Of Lies' The walls continue to close in around Theranos and it's founder Elizbaeth Holmes as the first — and probably not the last — of a group of major investors who pumped a cumulative $800 million
SF News Theranos To Lay Off Hundreds And Give Up Blood Testing Following Regulatory Clampdown Elizabeth Holmes, the embattled CEO of blood testing company Theranos announced last night in a letter to company stakeholders that the startup she founded will abandon its core mission and will no longer
SF News Theranos Deathwatch: Feds Ban Elizabeth Holmes From Running Blood Lab For 2 Years In the final episode of this past season of the HBO show Silicon Valley, a character seeking to justify questionable business practices puts it this way: His core product is solid, if some
Arts & Entertainment Jennifer Lawrence To Play Disgraced Theranos CEO Elizabeth Holmes In Upcoming Film In yet another example of Hollywood being obsessed with Silicon Valley lately, a new film is in the works by director/screenwriter Adam McKay (The Big Short, Anchorman) telling the story of the
SF News Forbes: Theranos CEO Elizabeth Holmes Net Worth Now Zero Dollars Elizabeth Holmes, the CEO of blood testing startup Theranos, has had a rough year. News broke in April that the company, which she founded, was under criminal investigation and an SEC probe for