Elizabeth Holmes trial: Theranos claims to Rupert Murdoch were disputed within company

Elizabeth Holmes trial: Theranos claims to Rupert Murdoch were disputed within company

3 years ago
Anonymous $BH0TGXkyPe

https://www.siliconvalley.com/2021/10/19/elizabeth-holmes-trial-theranos-claims-to-rupert-murdoch-were-disputed-within-company/

Claims made by Elizabeth Holmes’ failed startup Theranos to media mogul Rupert Murdoch and other investors about the accuracy of the firm’s blood tests were under dispute within the company, jurors heard Tuesday during Holmes’ criminal fraud trial.

Federal prosecutor John Bostic showed the jury an investment pitch Theranos sent to Murdoch. Theranos, in the presentation, said its machines could run “any test available in central laboratories” using “1/1,000” of the amount of blood traditionally used, and produce results with the “highest levels of accuracy and precision.” Central to the pitch was the assertion that blood was gathered via a finger-stick rather than a needle.