Elizabeth Holmes Must Report to Prison on May 30 The Theranos founder, who was convicted last year of defrauding investors, lost her bid to remain free on bail while she appeals her conviction.
Judge Said to Allow Meta’s Deal for Virtual Reality Start-Up to Move Forward The ruling, which is under seal, is a defeat for the Federal Trade Commission, which tried to block Meta’s deal with a rarely used antitrust argument.
Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud Ramesh Balwani, the former chief operating officer of the failed blood testing start-up, was convicted of 12 counts of fraud in July.