Elizabeth Holmes: Former chief executive of blood-testing startup Theranos found guilty of fraud

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Elizabeth Holmes: Former chief executive of blood-testing startup Theranos found guilty of fraud
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Holmes founded Theranos when she was 19 and by 2015 the company had been valued at $9bn (£6.7bn) but in 2018 she was indicted on felony charges.

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She aimed to set up"mini-labs" in Walgreens and Safeway stores across the US that would use a small Theranos device called the Edison to run faster, less intrusive blood tests.Former US president Bill Clinton speaks with Jack Ma, executive chairman of Alibaba Group, and Elizabeth Holmes But a month after the company's $9bn valuation, the Wall Street Journal published a front-page story that claimed the company's blood-testing technology was so flawed Theranos was actually using equipment made by other businesses to carry out tests in its laboratories.

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