That s all the sport for now. studio: thank you. elizabeth holmes, the founder of the discredited blood testing company, theranos, has been found guilty of fraud and conspiracy after a a four month trial in california. she was accused of lying to investors and customers by overstating what the firm s machines were capable of. our technology correspondent james clayton reports. we d like to see a world in which every person gets access to this type of basic testing. elizabeth holmes had a vision that turned her into a billionaire that she could create a machine that she called the edison that could detect hundreds of diseases with just a few drops of blood. the pitch convinced some very important people. media tycoon rupert murdoch invested, bill clinton was a fan. behind me are theranos s former head offices. very plush, very expensive and in the heart of silicon valley.
There are four different charges where they found her guilty. there is one of those that is conspiracy to commit wire fraud, the other three are wire fraud counts. they also found her not guilty on another four different charges, and these were in relation to the patients. then the jury was not able to come to an agreement on three other wire fraud charges. but what matters here is the four guilty verdicts in relation to the investors. according to prosecutors, elizabeth holmes lied to these investors about the capabilities of her blood testing company. they say she lied about the technology and the capabilities of it, but also lied about the relationship that the company had with the military, and about the validation that the company had received from pharmaceutical companies. and this jury agreed with the prosecution, saying that she lied instead of selling a vision of the future. this is someone who was once
At alexandra palace. he is an unmistakeable character.. and it was a thrilling final against michael the bully boy smith the lead kept changing hands and wright was actually surprised to win it his experience allowed him to take advantage of some costly mistakes by his opponent, who was devasted. wright said smith would definitely be taking world titles soon. that s all the sport for now. her company at one point valued at 9 billion dollars but now elizabeth holmes has been found guilty of fraud and conspiracy following a four month trial in california and awaits her sentence. the founder of the discredited blood testing company, theranos was accused of lying to investors and retail customers by overstating what the firm s machines were capable of and the accuracy of its tests. our technology correspondent
Mistrial. what does the judge have to say? it likely will not be a mistrial in this case but a partial verdict. so what would happen here is that the jury would deliver the verdict on those eight counts they agree on and then the government would have the option to retry the case on those three counts that could be a deadlock here. it s important to point out that this is not the case at the moment because what the judge said was, go back and try to figure it out. try to come to an agreement. we do not know exactly which of the 11 counts the jury is having trouble with. but we do know that these charges are divided between investors and then doctors and patients. i want to go back sort of to the beginning of all of this. elizabeth holmes founded theranos. this was a blood-testing company that promised a wide range of blood tests with just a few drops of blood, a prick of a
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