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Elizabeth Holmes testifies in trial she tried to kill the Wall Street Journal Theranos story
Feelings Drama
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2 days ago
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00:00
A former Silicon Valley superstar who talked her way into hundreds of millions of dollars
00:08
in funding is now trying to talk her way out of up to 20 years in prison. Theranos founder
00:14
Elizabeth Holmes spent yesterday under cross-examination in her criminal fraud trial.
00:18
She is charged with misleading patients and investors about her firm's blood testing
00:23
technology, but she says she is not the real villain here. In very tearful testimony this
00:28
week, Holmes accused her former boyfriend and business partner, that's Sunny Balawani, of
00:32
physical and psychological abuse. She also testified that she was raped when she was a
00:38
student at Stanford, an experience she says Balawani used to control her. Jamie Ucas has more on the
00:43
story. A day after Elizabeth Holmes accused former longtime boyfriend and business partner Sunny
00:50
Balawani of abusing and controlling her, federal prosecutors had the 37-year-old read text messages
00:56
they say showed the couple was in love. You are God's tigress and warrior. You are extraordinary,
01:02
Balawani said in one text. Holmes responded, coming from my tiger means the whole universe to me.
01:08
Prosecutors have said, you know, they have over 12,000 texts and a lot of these texts are
01:14
uplifting. The pet names are definitely something that stand out for me. Reporter Emily Saul has been
01:19
covering the trial from the beginning, working on the podcast Bad Blood, the final chapter.
01:24
Alongside former Wall Street Journal reporter John Carreyrou. Carreyrou wrote a series of articles
01:30
back in 2015 and 2016 that exposed serious flaws within Theranos, eventually leading to the company's
01:37
collapse. Do you feel now, in hindsight, that maybe you went to market a little too quickly?
01:43
We're the exact same company that we were last Wednesday before these two articles were published.
01:48
Nothing has changed. Just because some guy reports false stuff about us doesn't mean that
01:53
it changes our business. Tuesday, Holmes denied hiring a research firm to look into Carreyrou,
01:58
but admitted to trying to kill the story, calling her company's handling of it a disaster.
02:03
We really messed up, she said. Did it seem that Ms. Holmes expressed regret?
02:07
She did, definitely. Regret has been a big part of her case in chief, of her defense.
02:14
For the larger things she's addressing, her response is much more nuanced. It's that she doesn't
02:18
remember, or she thought that at the time she was making those statements, she didn't realize
02:23
that they were misrepresentations. For CBS Mornings, Jamie Ucas, Los Angeles.
02:29
Sonny Balwani has been also charged in this case. He will be tried separately. He has pleaded not guilty,
02:34
and he denies all allegations against him. We're going to keep our eyes on this one.
02:48
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