The trial of Elizabeth Holmes gets under way
The former boss of a notorious failed health-care startup could face jail
A CROWD OF reporters, drawn by the drama and glamour of the event, jostled outside a courtroom in San Jose on August 31st to witness the opening of what may be the next, perilous, act for a woman once touted as the next Steve Jobs and the world’s youngest self-made female billionaire. Jury selection was beginning for the fraud trial of Elizabeth Holmes, the former boss of Theranos, a startup which attempted to revolutionise the process of blood testing but failed spectacularly in 2016 after the press and regulators probed the company’s inflated claims.
This article appeared in the Business section of the print edition under the headline “Theatre of blood”
Business September 4th 2021
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- Flush with billions, Databricks has momentum and big plans
- An electric-vehicle startup aims for a stellar valuation
- China imposes the world’s strictest limits on video games
- The trial of Elizabeth Holmes gets under way
- Why people are always so gloomy about the world of work
- In the metaverse, will big gaming eventually become big tech?
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