America: accused investors in the name of startup, court sentenced to 11 years

-


- The company promised to revolutionize the blood testing sector and duped investors in its name

New delhi date. 19 November 2022, Saturday

Elizabeth Holmes, the CEO of American blood testing startup company Theranos, has been sentenced to 11 years in prison by a court in San Jose, California. American biotech star Elizabeth Holmes is accused of defrauding her investors. Let it be known that Elizabeth's startup company Theranos was closed in 2018 itself. The company promised to revolutionize the blood testing sector and duped investors in its name.

What is the whole matter?

Holmes, 38, was convicted in January after a three-month trial. Holmes started the startup company Therazone in 2003. At the time, Holmes claimed that his company had developed a blood analyzer that could be carried anywhere and could easily perform blood tests. Apart from this, this startup has also claimed that once the blood is taken from the finger, all the diseases of the body can be easily known. After this claim, investors bet heavily on Holmes' startup and received a bumper investment. However, later all these things turned out to be false and the matter went to court. The case dragged on for several years and then the verdict was delivered in January this year.

What did Elizabeth Holmes say?

Elizabeth Holmes founded Theranos in 2003 at the age of 19. He subsequently received much acclaim in Silicon Valley. Holmes quickly became the world's youngest female billionaire. Let us tell you that after hearing the prison sentence, Holmes hugged her husband Billy Evans and became emotional. Weeping in court, Holmes said he would have done many things very differently if he had had the chance. I have disappointed many people. Shame on people for what they have to endure.


Comments

Post a Comment

Popular posts from this blog

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

Detailed information about the descalant sulfamic acid

-
Image
- Industrial guidance-long description Boiler scale: When hard water is heated or evaporated inside the boiler walls and tubes, the calcium carbonate, calcium sulfate or other minerals in the hard water are deposited on the boiler walls or tubes after the water is evaporated. If this boiler scale is not removed from the boiler, the life of the boiler ends. That is why soft water is used in most boilers. (treated to remove calcium and magnesium ions before use). Hard water: Hard rock type soils will rot over a long period of time if the water does not contain low percentages of calcium, magnesium carbonate, bicarbonate sulfate or chloride. Degree of Hardness: Grains per gallon or parts per million (ppm) of calcium to measure water hardness. (1 grain of cac03 per gallon is equal to - 17-1 ppm) Up to 5 grains is considered soft water. More than 30, grains is very hard water. The impurity shown above can produce boiler scale. Also can make metal coossive. The temporary hardness can b
Read more