Theranos' Elizabeth Holmes indicted on wire fraud charges

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The "Squawk Box" team discusses Theranos' Elizabeth Holmes and Ramesh "Sunny" Balwani being charged by feds with wire fraud.

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CNN tours a controversial biotech startup

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Elizabeth Holmes was widely praised as the world's youngest female self made billionaire. But the respect this gained her could only last so long. Her blood testing company, Theranos, was built on lies. It's revolutionary technology was eventually revealed to be fundamentally flawed. It didn't do what she claimed it did. This revelation destroyed the reputation of Theranos and caused it's own investors and business partners to take legal action against it. Elizabeth Holmes was charged with fraud and her personal net worth fell to nothing. It's the most spectacular demise of a company since Enron. This is how it unfolded.

11 месяцев назад

"60 Minutes" speaks with the Theranos whistleblower

In perhaps the greatest fraud in the history of the Silicon Valley tech boom, Norah O'Donnell investigates the failed biotech company, Theranos, for Sunday's "60 Minutes." Stanford University dropout Elizabeth Holmes created the innovative blood testing company and was named the youngest self-made female billionaire in the world. But it all came crashing down after an employee at Theranos blew the whistle. Watch O'Donnell's report this Sunday, May 20 on "60 Minutes." Subscribe to the "CBS This Morning" Channel HERE: http://bit.ly/1Q0v2hE Watch "CBS This Morning" HERE: http://bit.ly/1T88yAR Watch the latest installment of "Note to Self," only on "CBS This Morning," HERE: http://cbsn.ws/1Sh8XlB Follow "CBS This Morning" on Instagram HERE: http://bit.ly/1Q7NGnY Like "CBS This Morning" on Facebook HERE: http://on.fb.me/1LhtdvI Follow "CBS This Morning" on Twitter HERE: http://bit.ly/1Xj5W3p Follow "CBS This Morning" on Google+ HERE: http://bit.ly/1SIM4I8 Get the latest news and best in original reporting from CBS News delivered to your inbox. Subscribe to newsletters HERE: http://cbsn.ws/1RqHw7T Get your news on the go! Download CBS News mobile apps HERE: http://cbsn.ws/1Xb1WC8 Get new episodes of shows you love across devices the next day, stream local news live, and watch full seasons of CBS fan favorites anytime, anywhere with CBS All Access. Try it free! http://bit.ly/1OQA29B Delivered by Norah O’Donnell and Gayle King, "CBS This Morning" offers a thoughtful, substantive and insightful source of news and information to a daily audience of 3 million viewers. The Emmy Award-winning broadcast presents a mix of daily news, coverage of developing stories of national and global significance, and interviews with leading figures in politics, business and entertainment. Check local listings for "CBS This Morning" broadcast times.

10 месяцев назад
CNBC - Bill George: Theranos under fire

CNBC - Bill George: Theranos under fire

After the WSJ reported regulators are considering banning Theranos founder Elizabeth Holmes from owning or running any labs for at least two years, Jeffrey Sonnenfeld, Yale School Management; Bill George, Harvard Business School; and Les Funtleyder, ESquared portfolio manager, discuss Theranos.

3 лет назад