Elizabeth Holmes convicted of fraud but acquitted on other charges
The jury said earlier they were deadlocked on three charges.
The jury said earlier they were deadlocked on three charges.
Theranos founder Elizabeth Holmes was found guilty of four counts of defrauding investors in a federal court Monday. The verdict comes years after former employee Tyler Shultz first reported concerns to state regulators. Shultz reacts to Holmes' verdict on “CBS Mornings.”
A jury found Elizabeth Holmes bilked investors out of their money using false claims about the tech that Theranos had developed. Anna Werner spoke to a former prosecutor who says Holmes' own words incriminated her.
In California, a jury found Theranos founder Elizabeth Holmes guilty on four of 11 counts. In New York, former President Trump and two of his children, Donald Trump Jr. and Ivanka Trump, are taking legal action to try to stop subpoenas issued by the New York attorney general. CBS News legal contributor Jessica Levinson joins CBSN with her analysis of both cases.
Theranos CEO Elizabeth Holmes has been found guilty on four fraud charges, but she was acquitted on four others and the jury remained deadlocked on three. CBSN Bay Area has the latest.
Juries in two different high-profile trials have returned from a holiday break and are continuing their deliberations. In New York, Ghislaine Maxwell, a former associate of disgraced financier Jeffrey Epstein, faces six federal charges linked to sex trafficking. In California, Elizabeth Holmes faces eleven counts of fraud stemming from her failed blood-testing start-up Theranos. CBS News legal contributor Jessica Levinson joins CBSN with a breakdown of each case.
Elizabeth Holmes has been found guilty on four counts of wire fraud. In 2018, Norah O’Donnell reported on Holmes' company, Theranos, which had a blood-testing machine that could never perform as touted and went from billion-dollar baby to complete bust.
During her trial, Elizabeth Holmes denied hiring a research firm to look into a Wall Street Journal reporter but admitted she tried to kill his Theranos story. Jamie Yuccas spoke with “Bad Blood: The Final Chapter” reporter Emily Saul, who covered the trial from the beginning.
The Theranos founder became romantically involved with her business partner Sunny Balwani in 2005.
In her third day of testimony, Holmes acknowledged making some mistakes as CEO of Theranos.
The decision to have Holmes testify so early in her defense was a bombshell development with considerable risk.
Once a Silicon Valley darling with a $4.5 billion fortune, Holmes faces up to 20 years in prison if convicted of fraud.
Former Silicon Valley darling is accused of fraud and conspiracy as jury selection begins in her trial.
The Stanford dropout who was once a Silicon Valley darling faces 10 fraud charges and two conspiracy charges. Her startup, Theranos, promised to revolutionize the medical world by diagnosing diseases with just a few drops of blood—but the technology didn't work. KPIX reporter Len Ramirez has more.
Jury selection is expected to begin today in the long awaited trial of Elizabeth Holmes – the founder of failed blood testing company, Theranos. CBS News correspondent Meg Oliver sat down with John Carreyrou, the host of "Bad Blood: The Final Chapter" to talk about the trial.
If convicted, she faces up to 20 years in prison and millions of dollars in fines
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust
A conversation with 60 Minutes about media coverage of the rise and fall of Elizabeth Holmes and her hot startup, Theranos
The blood-testing startup, accused of Silicon Valley's biggest fraud, lost almost $1 billion of investor wealth
Holmes as well as former chief operating officer Ramesh "Sunny" Balwani are accused of defrauding investors and doctors
Theranos founder Elizabeth Holmes told us in 2015 how she would transform blood tests by using a drop of blood from a finger-prick to get fast, low-cost test results for everything from cholesterol to cancer. But this past March, the Securities and Exchange Commission called Theranos "an elaborate, years-long fraud." Wall Street Journal reporter John Carreyrou broke the story of the Theranos deception. He joins Norah O'Donnell in the Toyota Green Room to discuss chronicling the company's collapse in his new book, "Bad Blood: Secrets and Lies in a Silicon Valley Startup."
Theranos founder Elizabeth Holmes told us in 2015 how she would transform blood tests by using a drop of blood from a finger-prick to get fast, low-cost test results for everything from cholesterol to cancer. But this past March, the Securities and Exchange Commission called Theranos "an elaborate, years-long fraud." Wall Street Journal reporter John Carreyrou broke the story of the Theranos deception. He joins "CBS This Morning" to discuss chronicling the company's unraveling in his new book, "Bad Blood: Secrets and Lies in a Silicon Valley Startup."
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust. Norah O’Donnell reports.
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust
How did Google get so big; then, the Theranos deception; and, Mario Batali and the Spotted Pig
The United Nations and other agencies have warned for weeks that an Israeli assault on Rafah, which borders Egypt near the main aid entry points, would cripple humanitarian operations
At the same time, the three are accusing each other of being pro-transgender.
North Korea in recent months has maintained an accelerated pace in weapons testing as it expands its military capabilities while diplomacy with the United States and South Korea remains stalled.
Sean "Diddy" Combs is asking a judge to dismiss a lawsuit alleging that he and two other men raped a 17-year-old girl in a New York recording studio in 2003.
A line of family, friends and loved ones filled a North Texas home to celebrate Viola Ford Fletcher's birthday.
The U.N. food agency says more than 300 Afghans have died in flash floods that also destroyed more than 1,000 houses in the northern province of Baghlan.
Trump could significantly restrict abortion without ever imposing a federal ban, some experts say. Here's how he could do it.
Native Fashion Week designers embraced the runway, juxtaposing modernity and traditional Native ceremony.
Authorities in Russia say seven people were killed when a bus swerved through traffic, veered off a bridge in St. Petersburg and plunged into the river below.
Sean "Diddy" Combs is asking a judge to dismiss a lawsuit alleging that he and two other men raped a 17-year-old girl in a New York recording studio in 2003.
Parts of the country saw the aurora borealis on Friday night and the dazzling show will continue on Saturday night, according to officials.
At the same time, the three are accusing each other of being pro-transgender.
"We're not investing in students' future by engaging in relationships with companies that profit from war," Sacramento State University President Luke Wood told CBS News.
Peggy Means' only daughter was in a coma with virtually no chance of ever coming out of it, doctors told her. And yet, Means refused to let them pull the plug.
The $5 meal could include a choice of a McChicken, a McDouble or four-piece chicken nuggets along with fries and a drink.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Huy Fung Foods said its peppers are "too green" to make its signature sriracha sauce, forcing it to suspend production until September.
Annual wildfires and flooding are keeping major insurance companies from covering homeowners in California and Florida.
The banking industry is mounting a last-ditch effort to block a new federal rule that would slash credit card late-payment fees.
At the same time, the three are accusing each other of being pro-transgender.
Michael Cohen's testimony in former President Donald Trump's criminal trial in New York suggests the prosecution is reaching the home stretch of its case.
The highly anticipated State Department report doesn't formally conclude Israel is in violation of U.S. or international law.
A divided three-judge panel ruled last month a recently adopted congressional map that includes two majority-Black districts is an unconstitutional racial gerrymander.
The banking industry is mounting a last-ditch effort to block a new federal rule that would slash credit card late-payment fees.
Eighty-four million Americans had a mental disorder in 2022, while 34 million people had a substance use disorder. About 11 million people dealt with both, but many did not receive professional treatment, partially because of a persistent stigma leading to silence and shame around mental health problems. Michelle Miller reports on how former congressman Patrick J. Kennedy and author Stephen Fried are hoping to make change with their new book.
Some states are cracking down on claims by anti-abortion rights organizations that offer "abortion pill reversal" treatment.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
Some of the strains in the "FLiRT" group are closely related to the JN.1 COVID variant from last winter.
Seattle Mayor Bruce Harrell said that the facility would be supported by the Seattle Fire Department's overdose response team.
While officials work to keep politics out of the event, the Israel-Hamas war has led to controversy this year.
North Korea in recent months has maintained an accelerated pace in weapons testing as it expands its military capabilities while diplomacy with the United States and South Korea remains stalled.
The United Nations and other agencies have warned for weeks that an Israeli assault on Rafah, which borders Egypt near the main aid entry points, would cripple humanitarian operations
The U.N. food agency says more than 300 Afghans have died in flash floods that also destroyed more than 1,000 houses in the northern province of Baghlan.
Authorities in Russia say seven people were killed when a bus swerved through traffic, veered off a bridge in St. Petersburg and plunged into the river below.
Native Fashion Week designers embraced the runway, juxtaposing modernity and traditional Native ceremony.
The new book by the host of HBO's "Real Time" takes aim at those who brazenly invoke the standards of today to rewrite history in ways that even "Star Trek" would think go too far.
While officials work to keep politics out of the event, the Israel-Hamas war has led to controversy this year.
Sean "Diddy" Combs is asking a judge to dismiss a lawsuit alleging that he and two other men raped a 17-year-old girl in a New York recording studio in 2003.
Singer-songwriter Katie Pruitt garnered widespread acclaim for her introspective music and powerful live performances after releasing her first album in 2020. Rolling Stone even declared her an "artist you need to know." Now returning to Saturday Sessions with music from her new album "Mantras," here is Katie Pruitt with "White Lies, White Jesus And You."
Apple's "Crush!" advertisement for the new iPad Pro features a myriad of artistic tools getting smashed in a large hydraulic press.
The Ascension Healthcare Network, one of the nation's leading nonprofit and Catholic health systems, says a "cyber security event" disrupted its clinical operations Wednesday. Threat intelligence company Cyble says there have been 77 ransomware attacks on the U.S. health care sector since the beginning of February. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the troubling trend.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The tech giant disclosed Thursday that a database was accessed through a Dell portal, which contains a database of customer information. CBS News' John Dickerson has the details.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
Parts of the country saw the aurora borealis on Friday night and the dazzling show will continue on Saturday night, according to officials.
Geomagnetic storms can affect infrastructure, but may also bring an expanded viewing of the aurora borealis.
Americans could be treated to a show of the northern lights this weekend from a powerful geomagnetic storm heading toward Earth.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
Climeworks, a Swiss pioneer in the fast-growing field of CO2 capture and storage, launches operations at a new site on a dormant volcano.
Witness testimony continued Friday in the murder trial of Karen Read, a Massachusetts woman accused of killing her police officer boyfriend, John O'Keefe, in 2022. Read has pleaded not guilty and her lawyers argue local law enforcement officials are framing her. CBS News Boston's Penny Kmitt has the latest on the testimony.
Bailey Boswell was convicted of murder in the 2017 death of Sydney Loofe. Boswell's boyfriend was also convicted and sentenced to death.
Edrick Lamont Faust, 48, was charged with murder, and various other charges in connection with the 23-year-old first-year law student's death, the Georgia Bureau of Investigation announced.
How an unusual clue ended life on the run for fugitive William Greer, wanted for killing his girlfriend Tammy Myers and hiding her body.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Geomagnetic storms can affect infrastructure, but may also bring an expanded viewing of the aurora borealis.
Americans could be treated to a show of the northern lights this weekend from a powerful geomagnetic storm heading toward Earth.
The sunspot responsible for the odd series of strong solar flares is so big you can see it with your own eyes from Earth.
In the image, "a ghostly hand appears to be emerging from the interstellar medium and reaching out into the cosmos," the NOIRLab said.
The so-called super Earth — known as 55 Cancri e — is among the few rocky planets outside our solar system with a significant atmosphere.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Incredible Northern lights set the sky ablaze on Friday night, with some vibrant colors even visible to the naked eye amid a geomagnetic storm. Meanwhile, a protest in Germany at a Tesla factory turned into a stampede. All that and all that matters in today’s Eye Opener.
Singer-songwriter Katie Pruitt garnered widespread acclaim for her introspective music and powerful live performances after releasing her first album in 2020. Rolling Stone even declared her an "artist you need to know." Now returning to Saturday Sessions with music from her new album "Mantras," here is Katie Pruitt with "White Lies, White Jesus And You."
Singer-songwriter Katie Pruitt garnered widespread acclaim for her introspective music and powerful live performances after releasing her first album in 2020. Rolling Stone even declared her an "artist you need to know." Now returning to Saturday Sessions with music from her new album "Mantras," here is Katie Pruitt with "Worst Case Scenario."
Singer-songwriter Katie Pruitt garnered widespread acclaim for her introspective music and powerful live performances after releasing her first album in 2020. Rolling Stone even declared her an "artist you need to know." Now returning to Saturday Sessions with music from her new album "Mantras," here is Katie Pruitt with "All My Friends."
Chef Fermin Nunez is helping transform the culinary scene in Austin, Texas, with colorful and inventive recipes that use flavors from Mexico to highlight Texan dishes. After starting his first restaurant in 2018, Nunez has opened two more wildly successful establishments and picked up some prestigious awards along the way.