What we learned this week in the trial of Elizabeth Holmes

What we learned this week in the trial of Elizabeth Holmes

Invalid Date by CNN.com - RSS Channel - App Tech Section

Key Facts

  • Holmes catapulted Theranos to a $9 billion valuation on the promise that its technology could efficiently test for conditions like cancer and diabetes with just a few drops of blood taken by finger stick.
  • Burd also said he was unaware that Holmes and Balwani were romantically involved -- something the two kept secret -- which he said in retrospect raised the question of what else may have been hidden.
  • Adam Rosendorff, Theranos' former lab-director-turned-whistleblower, who faced six days of questioning ending Wednesday afternoon, said it was Holmes -- and not him -- who had more power at the company, despite regulations indicating the lab director is legally responsible for its laboratory operations.
  • A SECOND JUROR IS EXCUSED FROM THE CASE One member of the 12-person jury was excused on Wednesday after expressing anxiety and conflict with her religious beliefs as a Buddhist pertaining to the issue of forgiveness and any possible sentencing or punishment that may result from how she votes on the trial.

Click To Read Full Article


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?