Elizabeth Holmes and Sunny Balwani: The Last Decision in the Theranos Scandal.
Reading
Elizabeth Holmes, the founder of Theranos, will stay in prison. A court said she did not prove there were problems with her trial.
Holmes was found guilty of lying to investors about her company's blood-testing technology. Her former business partner, Ramesh Balwani, was also found guilty.
Holmes said her company's technology could detect many diseases with just a few drops of blood. However, the technology never actually worked.
Holmes is currently serving an 11-year sentence in a Texas prison. Balwani is serving a nearly 13-year sentence in California.
The Theranos scandal has been the subject of much attention, including a book, a documentary, and a TV series. It is considered one of the biggest scandals in Silicon Valley history.
Questions
Who is Elizabeth Holmes?
Elizabeth Holmes is the founder of Theranos.
What was Holmes found guilty of?
Holmes was found guilty of lying to investors about her company's blood-testing technology.
How long is Holmes's prison sentence?
Holmes is serving an 11-year sentence in a Texas prison.
Discuss
The artificial intelligence teacher has a lot of benefits. You don't need to book any time slot. You don't have to wait for the teacher to come to class. You can learn at any time. The teacher will never get bored and can keep a conversation on any related topic.
Read a new article every day anddiscuss it with AI at lingolette.com