The Theranos Story Just Keeps Getting Weirder…

TheranosJoseph P Farrell – It’s been a while since I’ve blogged about Elizabeth Holmes and her Silicon Valley start-up, Theranos, both of which were one-time darlings of the early morning coffee TV shows. The  story fascinates me because there’s so much weirdness about it. In case you’re unaware of the Holmes-Theranos story, Holmes founded her company to build a device that would test for an entire panoply of diseases, from one small drop of blood, and do analyses and diagnosis from that device. The trick was, she wanted that device to be no bigger than a computer printer, and put them in every home.

Skeptics didn’t get much time on those early morning shows, and Holmes’ company, Theranos, began to get a lot of attention from the military and related defense contractors.

My own personal view when I first read about the story after hearing about it from Catherine Austin Fitts, was that whatever Holmes was doing, it would have to involve optics and a healthy dose – not to coin a pun – of some cutting edge physics.  Eventually, the claims and lack of their fulfillment eventually caught up with Holmes, and she was indicted for fraud. Continue reading

Theranos – Silicon Valley’s Greatest Disaster [Video]

theranosAlexandra Bruce – Here is the excellent documentary just released by ColdFusion on the story of Elizabeth Holmes, the wunderkind Founder/CEO of Theranos, the Silicon Valley start-up with a revolutionary blood test technology that was at one time valued at $9 billion.

In June 2018, a federal grand jury indicted Holmes on nine counts of wire fraud and two counts of conspiracy to commit wire fraud for distributing blood tests with falsified results to consumers. If convicted, she faces decades in prison. Continue reading