November 30, 2022

The Elizabeth Holmes Trial: Theranos Founder Takes the Stand

SAN JOSE, Calif.—Elizabeth Holmes took the witness stand Friday afternoon to defend herself against criminal-fraud charges tied to the failure of Theranos Inc., the startup she founded in 2003 as a 19-year-old college dropout.

Ms. Holmes, who appeared composed and polished, opened her testimony at the beginning of the Theranos story: discussing her laboratory work as a college freshman at Stanford University, the mentorship she received from a Stanford professor and her vision even as a teenager to change healthcare. Her appearance—unmasked for the first time in court—energized a case that is heading toward its 12th week of testimony.

in Tech
Related Posts

Tesla Failed to Oversee Elon Musk’s Tweets, SEC Argued in Letters

June 1, 2021

June 1, 2021

WASHINGTON—Securities regulators told Tesla Inc. TSLA -0.21% last year that Chief Executive Elon Musk’s use of Twitter had twice violated...

Pinterest's Use of AI Drives Growth

May 22, 2021

May 22, 2021

Using neural networks, the site is able to find images—and ads—that will catch the consumer’s eye.

Google Proposes U.K. Oversight Role in Retirement of Web Cookies

June 11, 2021

June 11, 2021

Google pledged to collaborate with U.K. regulators on the removal of a user-tracking technology from its Chrome browser, one of...

Pinterest Vows to Add More Female Executives, Workers of Color

May 18, 2021

May 18, 2021

Pinterest Inc. PINS 0.77% has set new targets for increasing the number of women in leadership and improving racial and...

Permanent Cap on Delivery-App Fees Proposed for New York City

June 24, 2021

June 24, 2021

The New York City Council is considering a legislative package aimed at significantly regulating the food-delivery app industry, including permanently limiting...

Next-Generation GPS Firm NextNav Nears SPAC Deal to Go Public

June 10, 2021

June 10, 2021

NextNav Holdings LLC is nearing a combination with a special-purpose acquisition company that would take the next-generation GPS firm public...

Microsoft Discloses New Customer Hack Linked to SolarWinds Cyberattackers

June 26, 2021

June 26, 2021

Microsoft Corp. said hackers, linked by U.S. authorities to Russia’s Foreign Intelligence Service, installed malicious information-stealing software on one of...

MicroStrategy to Sell New Bitcoin Bond

June 7, 2021

June 7, 2021

MicroStrategy Inc. MSTR -5.77% is borrowing $400 million in junk bonds to buy more bitcoins, adding to the company’s bet...

Amazon Primed Andy Jassy to Be CEO. Can He Keep What Jeff Bezos Built?

July 2, 2021

July 2, 2021

One of the signature traits of Andy Jassy’s leadership of Amazon.com Inc.’s cloud-computing unit was a meeting tool called “the...

Ransomware Scourge Continues as Essential Services Are Hit

June 2, 2021

June 2, 2021

Cyberattacks on critical infrastructure including transportation systems in New York and Massachusetts demonstrated the intensifying threat that hackers pose to...

Japan’s In-Home Robot Experiment Short Circuits

June 29, 2021

June 29, 2021

TOKYO—Japan’s humanoid robots are struggling to find homes. SoftBank Group Corp.’s robotics unit said Tuesday it stopped manufacturing a humanlike...

Facebook Ends Ban on Posts Asserting Covid-19 Was Man-Made

May 27, 2021

May 27, 2021

Facebook Inc. FB -0.04% has ended its ban on posts asserting Covid-19 was man-made or manufactured, a policy shift that...

Tesla Drivers Test Autopilot’s Limits, Attracting Audiences—and Safety Concerns

May 20, 2021

May 20, 2021

Param Sharma, 25, has posted multiple videos to Instagram in which he appears to operate a Tesla while in the...

How AI Is Taking Over Our Gadgets

June 26, 2021

June 26, 2021

If you think of AI as something futuristic and abstract, start thinking different. We’re now witnessing a turning point for...

Facebook Joins a Crowded Field In the Race to Build the ‘Metaverse.’ We All Have a Stake in the Outcome.

October 29, 2021

October 29, 2021

Tech billionaires are a quirky lot. Some are attempting to build a world imagined in utopian visions of the future,...