Ex-Theranos founder Elizabeth Holmes set to face fraud charges
CBSN
The fraud trial of Theranos founder Elizabeth Holmes kicked off Tuesday with jury selection, casting a spotlight on the fallen Silicon Valley star. Holmes, a Stanford dropout who was once compared to Steve Jobs, faces felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine.
Theranos' technology promised to run hundreds of medical tests using a single drop of blood, but it never lived up to expectations — and may never have worked at all. Once a jury is seated, the trial will begin in San Jose, California, with opening arguments scheduled early next week.Two Native Hawaiian brothers who were convicted in the 1991 killing of a woman visiting Hawaii allege in a federal lawsuit that local police framed them "under immense pressure to solve the high-profile murder" then botched an investigation last year that would have revealed the real killer using advancements in DNA technology.
In one of his first acts after returning to the Oval Office this week, President Trump tasked federal agencies with developing ways to potentially ease prices for U.S. consumers. But experts warn that his administration's crackdown on immigration could both drive up inflation as well as hurt a range of businesses by shrinking the nation's workforce.
Meta is denying claims circulating on social media that it forced Facebook and Instagram users to follow President Trump's official accounts, saying the changes some users noticed were standard practices tied to the transition of the POTUS account from the previous administration to the incoming one.