SAN JOSE, Calif. (AP) — Fallen Silicon Valley prima Elizabeth Holmes convinced media mogul Rupert Murdoch and different billionaires to put successful her biotechnology startup contempt warnings its unconventional humor tests were dangerously unreliable.
That grounds emerged Tuesday during a high-profile proceedings revolving astir allegations that Holmes duped investors, customers, and unwitting patients arsenic CEO of Theranos, a institution she founded erstwhile she was 19.
Holmes concisely became a Silicon Valley sensation peddling the premise that she had invented a revolutionary blood-testing technology.
According to the Associated Press, Holmes' startup rapidly unraveled due to the fact that the blood-testing machine, dubbed Edison, produced inaccurate trial results and didn't enactment the mode Holmes described it would.
Holmes launched Theranos aft dropping retired of Stanford University her imagination of becoming the adjacent Steve Jobs.
She's present successful information of becoming remembered arsenic a con artist.
But a erstwhile Theranos laboratory manager painted a darker representation arsenic a witnesser for prosecutors trying to person a assemblage to convict Holmes of monolithic fraud.