Elizabeth Holmes & Theranos | 60 Minutes Archive
Summary
Elizabeth Holmes founded the company Theranos, which claimed it could run many blood tests using just a small drop of blood. However, the technology did not work as promised, and Holmes is now serving an 11-year prison sentence for misleading investors.Key Facts
- Elizabeth Holmes started Theranos, a blood-testing company.
- Theranos said it could do many tests from a tiny blood sample.
- The technology never met its promises.
- In 2018, CBS News reported on the failure of Theranos’ machine.
- Holmes was convicted of fraud for lying to investors.
- She is currently serving an 11-year prison term.
- The story was featured in a "60 Minutes" news segment.
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