Stay updated with breaking news from Daniel Edlin. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A former Theranos project manager testified in former executive Ramesh "Sunny" Balwani's criminal fraud trial Friday that Balwani was in charge of various aspects of the blood-testing startup, including its software development and clinical lab, and Balwani gave him Theranos' financial projections to share with investors.
A California federal judge presiding over Ramesh "Sunny" Balwani's criminal fraud trial refused Wednesday to exclude evidence that Theranos played up its deals with the U.S. military, which ultimately went nowhere, finding that the evidence is "inextricably entwined" with the overall alleged scheme.
One day after taking a hit, the defense team for Sunny Balwani may have notched a victory in court Wednesday. Scott Budman reports.
Elizabeth Holmes has been found guilty of defrauding investors as founder and CEO of Theranos. After four months of court proceedings and seven days of deliberations, the jury has reached a verdict that will have lasting implications in Silicon Valley and beyond. The former youngest and wealthiest female self-made billionaire was tried for two counts […]
