now on to other business news, injanuary, you may remember the case of elizabeth holmes, the boss of theranos, who was found guilty of fraud. she founded the company, promising incredible new technology that would revolutionize diagnostics using just a few drops of blood. the company was at one point worth $10 billion. but it was based on fantasy science. on tuesday, her business partner and former lover, sunny balwani, began his trial at a court in silicon valley. 0ur san francisco correspondent james clayton has more. elizabeth holmes trial was a sensation here in silicon valley copy she was convinced that in january valley copy she was convinced that injanuary of valley copy she was convinced that in january of fraud, claiming that injanuary of fraud, claiming to that in january of fraud, claiming to investors she that injanuary of fraud, claiming to investors she had invented an innovative way of diagnosing diseases using just a few drops of blood. in reality she had done no such
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that she could create a device that could diagnose hundreds and hundreds of illnesses just using a couple of drops of blood. the idea was really lauded by the great and the good of american society. we had henry kissinger who was investing, george schultz, former secretary of state, joe biden who said very warm words about the company, as did bill clinton, howeverthe about the company, as did bill clinton, however the idea itself was based on fantasy science. the technology didn t actually work. it took years and years for that to unfold. eventually, a wall street journal investigation, using some of the whistleblowers who work for the company, uncovered the truth. the actual company was wound down in 2017, and it has taken for two years to get to this point where we re sitting down for a full audit trail. some people who followed case may assume that elizabeth holmes will be found guilty, after all, she was chief executive and founder of the
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