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May 10, 2025

silicon valley

Article

Holmes jury to resume deliberations after holiday break

January 3, 2022 Michael Liedtke, Associated Press

SAN JOSE, Calif. — After an extended holiday break, the jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will get back to work Monday. The eight men and four women who will determine […]

Article

Elizabeth Holmes makes her case to the jury in fraud trial

November 23, 2021 Michael Liedtke, Associated Press

SAN JOSE, Calif. — Elizabeth Holmes, the one-time medical entrepreneur now charged with building a fraudulent company based on promises of a revolutionary technology, returned to the witness stand Monday. Her testimony, which focused largely […]

Article

Theranos CEO wooed investors while lab director saw trouble

September 30, 2021 Michael Liedtke, Associated Press

SAN JOSE, Calif. — Fallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable, according to […]

Article

Elizabeth Holmes’ trial to dissect downfall of a tech star

September 7, 2021 Michael Liedtke, Associated Press

Just six years ago, Elizabeth Holmes seemed destined to fulfill her dream of becoming Silicon Valley’s next superstar. She was the subject of business magazine cover stories describing her as the youngest self-made female billionaire […]

Article

Fallen tech star Elizabeth Holmes prepares to go on trial

September 2, 2021 Michael Liedtke, Associated Press

Jury selection in the fraud trial of Theranos founder Elizabeth Holmes began Tuesday, casting a spotlight on the fallen Silicon Valley star now facing felony charges alleging she duped elite financial backers, customers and patients […]

Article

US govt, states sue Facebook for ‘predatory’ conduct

December 10, 2020 Marcy Gordon and Michael Sisak, Associated Press

WASHINGTON, D.C. — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a […]

Business

Apple is 1st US company to be valued at $2 trillion

August 19, 2020 The Associated Press

NEW YORK — Apple is the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion. Apple shares have gained nearly 60% […]

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