Elizabeth Holmes went to Rupert Murdoch to kill the story of WSJ Theranos

San Jose, California. — On the first day of the prosecution’s question, Theranos founder Elizabeth Holmes said she was in News Corp. Rupert Murdoch To kill the story the Wall Street Journal was preparing to publish about her company in 2015.

“You personally tried to talk to the owner of The Wall Street Journal,” US assistant Robert Reach asked Holmes.

“I did it,” Holmes replied.

The journal’s John Kaleiro article was finally published on October 15, 2015, opening the locks for the investigation, resulting in the death of Theranos in 2018 and Holmes charged with criminal fraud.

Theranos Inc. Elizabeth Holmes, the founder of the company, will arrive in federal court in San Jose, California, USA on Tuesday, November 30, 2021.

David Paul Morris | Bloomberg | Getty Images

Holmes faces 11 wire frauds and plots to commit wire fraud for her role in a blood testing company and could be sentenced to up to 20 years in prison if convicted. there is.She pleaded not guilty

With her four Previous appearance In front of the jury, from November 19, Holmes was questioned by the defense lawyer. Attorneys sought to portray the client as a young, perhaps overly ambitious entrepreneur. To do good things And change the world.On Monday, Holmes summarized her answer and gave her details to the jury. 10 years of abusive relationship Along with his ex-boyfriend Ramesh “Sunny” Balwani, he was also the president of the company.

The cross-examination on Tuesday refocused on Holmes and her alleged deception and efforts to mislead investors, patients, and the general public. Murdoch is one of the many wealthy individuals who have invested in Theranos and personally invested $ 125 million in early 2015.

It gave Holmes a direct line to Murdoch. Reach showed the jury an email that Holmes sent to the media mogul in September of that year. In it, Holmes referred to Gerard Baker, then editor-in-chief of the journal.

“I’m in your position because I reflected on this, so I wanted to know / loop about this,” Holmes wrote. “I am very much looking forward to seeing Gerard with our team.”

“It was part of my effort to hire Mr Murdoch to make sure our trade secrets weren’t disclosed,” she told the jury.

Rupert Murdoch

Drew Angeler | Bloomberg | Getty Images

Holmes admitted that she was “extremely worried” about the journal story.

Carreyrou, who attended the trial this week, left the journal in 2019, a year after publishing the book Bad Blood: Secrets and Lies in a Silicon Valley Startup on Theranos. “I support every line of what I write,” Carreiro told CNBC on Tuesday.

At the stand, Holmes and former employee Tyler Schultz Erica Chan, Became a whistleblower. As a government witness, Chung testified that she had been chased by a private detective and threatened to file a proceeding after leaving the company.

The whistleblower was right

Holmes admitted that he had hired Boys Schiller Flexner, a law firm at David Boys, after learning that Chan was talking to Carreiro. Holmes said he was trying to prevent Chan from disclosing the trade secrets of the company.

“I don’t think she was right about the particular issue she’s raising, but I wish we could treat her differently and listen to her,” she said from time to time on Tuesday. But Holmes, who looked more rushed than her appearance, said. Get a question from a lawyer.

“Did you know that Mr. Chan was right today, isn’t it fair?” Reach asked.

“Yes,” Holmes told the jury that the way she handled the journal’s investigation was “disaster.”

At the prosecution’s direction, Holmes read aloud the text message he received for Balwani. She broke down on the stand while reading the message.

In a text to Holmes on October 21, 2015, Barwani said, “I prayed from the bottom of my heart for you. I pray for you so much in my life for what you shine and for everyone. I have never prayed for the strength of. ” Holmes read the message, wiping his tears.

Ramesh “Sunny” Balwani, former President and COO of Theranos, is smiling after a hearing in federal court in San Jose, California, July 17, 2019.

Steven Lamb | Reuters

In another message, Barwani wrote, “God’s idiot woman and warrior. You are extraordinary.” Holmes replied, “Coming from my tiger means the whole universe to me,” she wrote, “I love you.”

“Isn’t it an exaggeration to say that this is an example of Mr. Balwani’s love for you?” Reach asked.

“Yes,” Holmes said.

Reach pointed out that the word “love” appeared 594 times in the government’s 12,000 text messages between Holmes and Balwani.

It’s impressive from Monday when Holmes claimed that Balwani physically and sexually abused her through their relationship and he controlled almost every aspect of her life, including her schedule and diet. It was a deviation from the tone.

“He influenced everything about who I am,” Holmes told the jury in response to a question from her lawyer. “And I don’t fully understand it.”

Faced with the same charges as Holmes, Balwani denied the allegations and pleaded not guilty. His trial is scheduled to begin in early 2022.

Reach also put pressure on Holmes about her work relationship with Balwani.

“Did Sunny Balwani report to you?” Reach asked.

“He did it,” Holmes said.

“Can I fire him at any time?” Reach asked.

“I’m done,” Holmes replied.

Surprisingly, Holmes admitted that she had another romantic relationship with Balwani.

“How long did the relationship last?” Reach asked.

“It wasn’t,” Holmes said. “It wasn’t really a formal relationship.”

“But were you romantic with anyone other than Mr. Barwani from 2010 to 2015?” Reach asked.

“Yes,” Holmes said.

The court withdrew shortly before 4 pm California time. Holmes’ cross-examination continues on Tuesday. The defense said it would take a break next week, at which point the government would have the opportunity to argue before the jury’s deliberations began.

look: Holmes describes sexual abuse from Sunny Balwani

Elizabeth Holmes went to Rupert Murdoch to kill the story of WSJ Theranos

Source link Elizabeth Holmes went to Rupert Murdoch to kill the story of WSJ Theranos

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