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Silicon Valley Deceit has been under the Light

A California jury found Theranos founder Elizabeth Holmes guilty of four of eleven charges of defrauding investors on Monday after the former Silicon Valley executive, who was inspired by Steve Jobs’ success, made unfulfilled promises of revolutionising the blood-testing industry using innovative technology. Holmes faces a maximum sentence of 20 years in prison per count during a sentencing hearing set for next week.

Numerous producers have gone deeper into the Holmes narrative after questions were raised in 2015 about whether the 37-year-old could deliver on her company’s promises. In 2014, Forbes ranked Holmes one of the wealthiest women in America, and the former CEO’s professional and personal fortunes seemed to be on the increase.Until the Wall Street Journal started looking into the startup, which was once valued at $9 billion.

Her dramatic ascent and fall have spawned a slew of Hollywood scripts, which a number of studios and streaming services are eager to produce. This HBO Max original from Academy Award-winning director Alex Gibney examines Theranos from a unique perspective, including never-before-seen video and testimony. It also takes a unique perspective to examining the deception and fraud strategies employed by Holmes to fool and swindle eager investors who believed they were investing in a once-in-a-lifetime chance. In a new limited drama from Hulu, Amanda Seyfried will play a disgraced tech mogul.

The eight-episode series is based on a podcast of the same name, and executive producer Liz Meriwether of “New Girl” will contribute her creative acumen. Along with Laurie Metcalf, Sam Waterston, and others, William H. Macy is expected to star in the series. Hulu will premiere “The Dropout” on March 3rd. Adam McKay is returning with Jennifer Lawrence, who played Holmes in the “Hunger Games,” for an Apple TV+ film themed on Holmes’ deception. The film will also tell the storey of the trial that followed Holmes’ international plot.

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