Elizabeth Holmes accuses ex-lover, business partner of abuse

Asia's Tech News Daily

Elizabeth Holmes, center, leaves federal court in San Jose, Calif., Monday, Nov. 22, 2021. Elizabeth Holmes, the one-time medical entrepreneur now charged with building a fraudulent company based on promises of a revolutionary technology, returned to the witness stand Monday. (AP Photo/Nic Coury)
1 / 3Theranos Founder-Fraud TrialElizabeth Holmes, center, leaves federal court in San Jose, Calif., Monday, Nov. 22, 2021. Elizabeth Holmes, the one-time medical entrepreneur now charged with building a fraudulent company based on promises of a revolutionary technology, returned to the witness stand Monday. (AP Photo/Nic Coury)

SAN JOSE, Calif. (AP) — Disgraced entrepreneur Elizabeth Holmes described herself as the abused puppet of her former lover and business partner Sunny Balwani in tearful testimony Monday, part of her attempt to refute accusations that she lied about a flawed blood-testing technology she had hailed as a major breakthrough.

After recounting how she met Balwani while she was still in high school, Holmes said she eventually fell under his sway after she dropped out of Stanford University in 2003 to found Theranos, a Silicon Valley startup she led as CEO for the next 15 years.

A weeping Holmes, now 37, testified she was raped at Stanford — a factor she believes played a role in what she characterized as her later subservience to Balwani, now 56. The two became romantically involved in 2005 before Balwani became chief operating officer at Theranos, a position he held from 2009 to 2016.

Even before joining Theranos, Balwani was regularly berating Holmes as an inept executive who needed to “kill” her former self in an effort to become more disciplined and focused, according to her testimony and contemporaneous notes with strict instructions for Holmes handwritten by Balwani.

“He felt like I came across as a little girl and thought I needed to be more serious and more pointed,” Holmes explained as she read through Balwani's demands. They included spending at least 30 minutes each morning writing out her daily goals and never spending more than five minutes meeting with anyone unless she had written down a reason justifying the additional time.

If she didn't do what Balwani said, Holmes said, he would yell and tell her he was “so disappointed in my mediocrity.”

At other times, Holmes said, Balwani would liken her to a “monkey flying a space ship” and tried to cut her off from her family in an alleged effort to ensure that she devoted herself full-time to Theranos. She also said he controlled her diet in an attempt to keep her “pure.” Sometimes after Balwani belittled her, Holmes testified, he would force her to have sex against her will to show he loved her.

The dramatic turn came during the fourth day of Holmes’ testimony before a jury weighing fraud charges that include swindling investors and customers while putting patients at risk by telling elaborate lies about the company's development of an allegedly revolutionary blood-testing device. Holmes could face a prison sentence of up to 20 years if convicted.

The 14 jurors, including two alternates, listened attentively but with little visible emotion as Holmes described her relationship with Balwani.

Balwani faces fraud allegations mirroring those against Holmes in another trial scheduled to begin early next year. He and Holmes ended their relationship in May 2016 after she moved out of the Silicon Valley home that they shared for years while keeping their romantic relationship concealed.

Federal prosecutors wanted to try Balwani alongside Holmes, but U.S. District Judge Edward Davila separated the proceedings because of the possibility that Holmes would blame some of her behavior on“intimate partner abuse.”

Jeffrey Coopersmith, Balwani's lawyer, has vehemently denied Holmes' abuse allegations. Although Coopersmith was present for Holmes' testimony Monday, Balwani couldn't be there because he is prohibited from being in the courtroom in Holmes' presence.

Holmes' portrait of Balwani stood in sharp contrast to other testimony indicating that he always deferred to Holmes — the subject of flattering business profiles likening her to a female version of Apple co-founder Steve Jobs, who she adopted as one of her role models.

Holmes briefly became a paper billionaire while promising that Theranos could provide more convenient and cheaper tests scanning for hundreds of potential health problems using just a few drops of blood. Conventional tests typically require a vial of blood drawn from a vein.

Her pitch helped Theranos raise nearly $1 billion from sophisticated investors and attract an impressive board of directors including former Cabinet secretaries from the administrations of presidents from Richard Nixon to Donald Trump. The company collapsed after a series of explosive articles in the Wall Street Journal and regulatory audits revealed rampant inaccuracies in Theranos’ blood tests.,

In her testimony, Holmes said most people didn't realize how much Balwani controlled her because most of his alleged abuse occurred outside the office.

Under questioning by one of her attorneys, Holmes acknowledged that Balwani never told her what to say to the investors she is now accused of deceiving. She also testified that Balwani didn't influence her discussions with Walgreens and Safeway, two major retailers that agreed to use Theranos' blood-testing technology before backing out after discovering it wasn't performing as she promised.

Holmes instead says she did everything she could to clean up the problems at Theranos in an effort to realize her ambitions. But she also said she couldn't explain all the different ways Balwani affected her during the years they were together.

“He wasn't who I thought he was,” Holmes said, adding that Balwani “impacted everything about who I was and I don't fully understand that.”

Holmes will return to the witness stand Tuesday when prosecutors will get their first chance to grill her under oath.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Ryan Reaves picks perfect time to get first two Rangers goals

Just the other day, Ryan Reaves said this is the time for the Rangers to start preparing for the playoffs. To learn how to skate with the top-tier teams, how ... Read more »

Trump says he has ‘very good relationship' with DeSantis amid rumors of feud

Trump said he had a “very good relationship” with Florida Governor Ron DeSantis. AP Former President Trump dismissed rumors of a feud with Florida Gov. Ron DeSantis, who is seen ... Read more »

‘Masa banjir, rakyat mati, rumah hanyut, menteri pula ‘hilang',' Anwar tempelak teguran Ismail

© Provided by Free Malaysia Today (Gambar Bernama) KUALA LUMPUR: Ramai menteri didapati “hilang” semasa banjir dan lari daripada tanggungjawab membantu rakyat yang terkesan, kata Anwar Ibrahim dalam menempelak dakwaan ... Read more »

Early Barbados election results favor incumbent PM Mottley

© Reuters/NIGEL R BROWNE Barbados Prime Minister Mia Mottley casts her ballot to vote in St Michael (Reuters) – Preliminary results trickled in late on Wednesday from the first general ... Read more »

I'm an ER nurse who's comforted panicked COVID-19 patients as they beg to live. Too often, they die anyway.

© Courtesy of Thad Cummings Thad Cummings. Courtesy of Thad Cummings Thad Cummings, 31, is a registered nurse who works in emergency rooms in Michigan and North Carolina. He told ... Read more »

An NFL player turned chef says grilled vegetables are key for pro-athletes. Here's how he seasons them to elevate the flavor.

© Provided by INSIDER John Parra/Getty Images for SOBEWFF Former NFL player Eddie Jackson is a celebrity chef with his own cooking show.  One of Jackson’s areas of expertise is ... Read more »

Why does COVID leave some without taste and smell? It could be genes -study

© (photo credit: REUTERS/DADO RUVIC/ILLUSTRATION) Test tubes labelled “COVID-19 Omicron variant test positive” are seen in this illustration picture taken January 15, 2022. A new study suggests there is a ... Read more »

Omicron cases dip in the US overall, but the wave is far from over in many parts of the country

© Patrick T. Fallon/AFP/Getty Images A healthcare worker places a Covid-19 PCR test vial into a bag for transportation at a Reliant Health Services testing site in Hawthorne, California on ... Read more »

Jamie Chung had twins via surrogate, so why did she have postpartum depression?

Actor Jamie Chung, who welcomed twin boys via surrogate, is opening up about her experience with postpartum depression.  “I was so resentful, and I had anxiety and I was angry,” ... Read more »

Asian stocks rise after China rate cuts, Japan export gain

The Associated PressA currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 20, 2022. Asian stock markets ... Read more »

When the Delta variant dominated, vaccination and prior infection protected against Covid-19, but vaccination was safest, study finds

© Joseph Prezioso/AFP/Getty Images A US Marine veteran is treated by medical workers in a negative pressure room in the Covid-19 ward at the US Department of Veterans Affairs (VA) ... Read more »

Johnson & Johnson’s got a new CEO and a plan to split the company in two. Here’s what else to expect out of J&J’s earnings

© AFP via Getty Images EARNINGS OUTLOOK Johnson & Johnson has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings ... Read more »

Acosta-led Dengvaxia 'publicity' contributed to COVID-19 vax hesitancy —Drilon

Sen. Franklin Drilon at Blue Ribbon hearing Sept. 21, 2021 Senate Minority Leader Franklin Drilon on Thursday said the Dengvaxia “publicity” led by Public Attorneys Office (PAO) chief Persida Acosta ... Read more »

Unvaxxed people more likely to get coronavirus variants –expert

DOH advisory group member Dr. Edsel Salvaña at Jan. 6, 2022 briefing Infectious disease specialist Dr. Edsel Salvana on Thursday said that unvaccinated people have a higher chance of developing ... Read more »

Camp Lejeune accident: Marine charged after tactical vehicle crash kills 2, injures 17 in Jacksonville, North Carolina

A US Marine is facing charges after a military tactical vehicle he was driving overturned near Camp Lejeune in North Carolina on Wednesday, killing two service members and injuring 17 ... Read more »

Here's What Your Astrology Sign Says About Your Style Personality

© Provided by 21 Ninety I think it’s safe to say that we’re now in a time where astrology is now more accepted than ever before, and whether we realize ... Read more »

Conditions were bad last fall in a northeastern Kentucky hospital during a Covid spike. They're worse now

© CNN Morehead, Kentucky Dr. Aaron Parker Banks gets emotional when talking about the toll Covid-19 has taken on his tightknit rural community in northeastern Kentucky, where he works as ... Read more »

Why Fast-Spreading Omicron Won't End COVID Pandemic With Herd Immunity

© Noam Galai/Getty People cross a road whilst wearing masks in New York City in April, 2021. COVID may one day become an endemic disease. COVID-19 case numbers in the ... Read more »

Oklahoma State hands No. 1 Baylor its second loss of the week

© Chris Jones-USA TODAY Sports Baylor Bears guard LJ Cryer (4) drives to the basket past Oklahoma State Cowboys guard Avery Anderson III (0) during the second half at Ferrell ... Read more »

3 men who allegedly chanted gang slogans at funeral charged

SINGAPORE — Three men were charged on Thursday (20 January) for chanting secret society slogans during a funeral procession in May last year. Young Chin Peng, 63; Adrian Chua Yong ... Read more »

The Daily Sweat: After first losses of season, can Baylor bounce back vs. WVU?

After a weekend dominated by the NFL, it’s time to turn our focus toward basketball for a few days. There are only two NBA games on tap for Tuesday night, ... Read more »

Marijuana affects your brain's ability to function at higher levels, study says

© Adobe Stock Weed can affect your ability to make decisions, solve problems and perform other cognitive functions, a study found. Remember those classic stoner dudes — Cheech and Chong, ... Read more »

Florida State knocks off No. 6 Duke in overtime in big ACC upset

© Melina Myers-USA TODAY Sports Not only did Florida State upset No. 6 Duke on Tuesday night, they passed them in the ACC rankings too. The Seminoles knocked off the ... Read more »

Kentucky basketball legend Joe B. Hall dies at 93

© Stewart Bowman, Stewart Bowman/Courier Journal Joe B. Hall, who won a national championship as both a player and head coach at the University of Kentucky, has died at the ... Read more »

Where does Michaela Strachan buy her Winterwatch jackets from?

Winterwatch 2022 has begun and Michaela Strachan‘s wardrobe is already causing a stir, including the mustard-hued coat she wore on episode one while on location at Wild Ken Hill farm ... Read more »

The best sensitivity settings for Call of Duty: Warzone

© Provided by Dot Esports Hiding in the grass can only get you so far in Call of Duty: Warzone since sooner or later, you’ll find yourself in situations where ... Read more »

No turbo, no problems; the prince of atmo

Turbocharging diesel engines has been going on since the early part of last century, but these days, there’s hardly a single road-going vehicle that doesn’t feature a turbocharger to boost ... Read more »

‘Too harsh': Arrest of old man in Pangasinan over ‘stolen' mangoes draws criticisms

© Provided by Interaksyon An 80-year-old man was arrested in a town in Pangasinan after allegedly stealing mangoes from his neighbor. Reports about the incident made buzz among social media ... Read more »

Ancient Afghan minaret in danger of 'collapse' after quakes

© – Afghan men work near the Minaret of Jam following flooding near the 800-year-old structure in 2019 An 800-year-old minaret considered one of the finest examples of Islamic architecture ... Read more »

Dumaguete diocese sets day of prayer for ‘Odette' fatalities

© Provided by Interaksyon The Diocese of Dumaguete has urged its faithful to join in the simultaneous Masses for those who died and are still missing because of typhoon Odette ... Read more »

Jurors in drug trafficking case call it a day

Jan. 20—LIMA — Jurors deliberated for just two hours Thursday in the trial of a Columbus man charged with felony <a href="/tag/drug-trafficking“>drug trafficking and weapons offenses before calling it a ... Read more »

Analysis: Supreme Court ruling is a bitter legal and personal blow to Trump

© Evan Vucci/AP The Supreme Court’s refusal to block the release of Trump White House documents to the House January 6 committee represents a huge defeat for the ex-President’s frantic ... Read more »

Alaska Supreme Court upholds election changes ending party primaries

© Associated Press/Mark Thiessen Alaska Supreme Court upholds election changes ending party primaries Alaska’s Supreme Court on Wednesday upheld a ballot measure that would institute a ranked-choice voting system for ... Read more »

iPhone SE 3 rumors: Everything to expect, from release date to design changes

2022 is looking to be an exciting year for phones as we’re gearing up to see the iPhone SE 3 and iPhone 14 from Apple this year. Although we probably ... Read more »

NCAA Tournament Projections As of Jan. 17

© Provided by Stadium The middle of January is generally accepted as the halfway point of the college basketball season. So, let’s take a look at the way the bracket ... Read more »

5 Lynx Draft Prospects to Watch

© Photo by Carmen Mandato/Getty Images We’ve finally reached the inflection point during the WNBA offseason. Free agency is in full tilt, coaching staffs are being built, and front offices ... Read more »

Basketball-'Battle-tested' Brondello ready to take Liberty to next level

© Reuters/Matt Marton FILE PHOTO: WNBA: Finals-Phoenix Mercury at Chicago Sky By Amy Tennery NEW YORK (Reuters) -The New York Liberty’s “battle-tested” new head coach Sandy Brondello will bring vital ... Read more »

China cuts lending rates, boosting property firms

© Noel Celis China’s struggling property developers saw shares rally following a cut in lending rates by the central bank China further reduced bank lending costs Thursday in the latest ... Read more »

Report: Pelicans asst. Teresa Weatherspoon withdraws name from consideration for Mercury HC job

© Erik Williams-USA TODAY Sports New Orleans Pelicans assistant coach Teresa Weatherspoon Basketball Hall of Famer Teresa Weatherspoon made her mark in the late 1990s and early 2000s as a ... Read more »

Startup Spotlight: Seoul-Based Medtech Startup DC Medical Is Bringing Innovative Patented Medical Technologies To The Middle East

Headquartered in the South Korean capital of Seoul, DC Medical is a medtech company that runs clinical trials and advanced research and development (R&D) experiments using overseas patented medical device ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic