The Presidential Daily Brief

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  1. Elizabeth Holmes Theranos shutterstock 444401260

    The Rise and Fall of a Medical Tech Scheme

    It was too good to be true. To investors and journalists, Elizabeth Holmes’ story was irresistible: a blonde Steve Jobs wannabe who founded a tech company as a 19-year-old Stanford dropout, hoping to change the world with a finger-prick blood test for all manner of conditions. But her firm, Theranos, never developed the promised technology — relying instead on secretly subcontracted testing. The marketing myth was punctured by The Wall Street Journal, and the government stepped in with bans and investigations, leaving observers to wonder when Holmes will face reality.

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