the elizabeth holmes is charged with. the flurry of activity has dissipated in downtown san jose outside the courthouse in part because elizabeth holmes has now departed the courthouse having heard those new jury instructions from the judge. just about an hour ago, the jury sent a note to the judge saying that they were unable to reach a verdict on three final counts. elizabeth holmes is facing 11 counts in total. some of them fraud. some of them conspiracy. not sure what they're stuck on. >> this is video of holmes entering the courthouse earlier this morning. for now we'll wait and see what the jury has decided in her fate this morning. we'll continue to follow. in fact, follow scott budman on twitter as he is in that courtroom reporting any breaking news. >> all right. we want to get a look at your final forecast because it's a mixed bag. >> yeah, a little bit of some wet weather here and there. scattered showers passing by. especially in the north bay. and we'll see that chance in the peninsula as well. we will keep s

we're following of elizabeth holmes down in san jose. we understand from our evan sernoffsky that a verdict is in and the verdict will be read. in a matter of minutes. we will bring you the jury's decision as soon as they come in , but first this for many various school districts today was the first day back from the winter break. the goal of state health officials was to get at home covid test kits out to every school district. so students could be tested before classes resumed. ktvu is rob roth joins us with just how well that effort is working out, rob well, greg the ability to get students covid tested seems to vary from school district school district. for some, it was difficult for others impossible. even as san francisco public schools reopened monday after the holiday break. some families were lining up early in the morning to get tested for covid 19 at this mobile testing site at district headquarters. i still just want to be safe. and make sure that we don't spread it to the other kids through my child. this is one of three mob

holmes was found guilty of things that we see a lot here in silicon valley. investors listening to entrepreneurs and writing checks. as someone who's covered venture capital and startups for a long time, i can tell you there is some nervousness on sand hill road and nervousness i imagine among entrepreneurs and startups, because holmes was found not fwl at this on several of the charges involving patients, but she was found guilty on several of the charges involving investors. send it back to you. >> okay, scott, we'll keep it there and see you on our 7:00 p.m. newscast as well. let's bring in dean johnson. we've been talking about this for months. your biggest take away from what happened about two hours ago? >> my biggest take is that this is really no surprise. in fact, it's exactly the kind of verdict i would expect. what the jury did was convict elizabeth holmes of investor frauds that occurred the last in time of the whole scheme. and that makes a lot of sense, because what we've learned in these business fraud cases is that often entrepreneurs start wi

elizabeth holmes has _ this isn't working. elizabeth holmes has argued - this isn't working.gued at - this isn't working. elizabeth holmes has argued at triall this isn't working. elizabeth . holmes has argued at trial that she had always attempted to create a genuine product that worked and she never intended to commit fraud. what happened behind those close doors has led to a lot of introspection here in silicon valley. but there is still a culture of faking it until you make it here and until that changes, people worry that what happened in theranos could happen again. james clayton, bbc news. peter bowes joins us live from los angeles. great to have you on the programme. just listening to that report from james there about the culture of fake it till you make it in silicon valley, something that the thoroughness —— theranos case has brought to light. how much of commentary do you think the decision in this case has been on that culture?— on that culture? well, this is a very mixed _ on that culture? well, this is a very mixed verdict. - on that culture? well, this is a ve

four counts holmes was found guilty, four found not guilty. i'm scott budman, nbc bay area news. >> scott, thank you, been in the courtroom for several months. legal analysts say holmes will be headed to prison but sentencing in about two months, chatted with well-known bay area defense attorney paula canny. >> the rules are complicated, expect the process to take four to six months, even if just average of 24 months, two years, but given how much money is at stake, over $100 million for the counts she was found guilty of, defrauded people of, that's a lot of money, that's aggravating. i think she's looking at substantial prison sentence. >> holmes can appeal the conviction, her sentence or both. our coverage continues on website nbcbayarea.com and nbc bay area app, includes a look at entire trial and breakdown of the jury's verdict on each of the 11 charges. >>> new at 11:00, cold and wet in concord and dozens of pg&e customers are without power because car hit a power pole. 36 customers have been in the dark. repair crews are on the scene. p

elizabethe holmes was found guilty on four fraud counts in all. charges for thejury to consider. to find out more about the verdict i've been speaking to kevin o'brien — a former assistant us attorney for the department ofjustice who specialises in white—collar crime. the verdict actually has a little bit of something for everyone. it's got four guilty counts, four not guilty counts, and three no decisions. the way the government's evidence went in, i fully could've expected more guilty counts, but i'm sure the government will take the four that they got. and it is a significant victory for the government, especially as people have said, in a case like this. i suppose that says something about the complexity of this case. what is it, do you think, that the prosecution did well enough to get those four counts through? well, they had overlapping evidence from multiple sources. they used patients, although the patient—related counts didn't fare too well relatively speaking. they had investors and equity partners, they had board members, they even had

remember, elizabeth holmes testified. so clearly what i take from the jury's verdict is that in some instances they didn't hold elizabeth holmes responsible. she didn't have any direct contact with the patients. it wasn't her doing anything. but, as to the investors, it was her words that enticed the investors to make the contribution to the business. and i think what the jury found is at that they didn't, that she knew at that what she was saying wasn't true. when she was trying to get that money. so i do want to say, this is a huge win for the prosecution. all they need is one guilty verdict. so they got four guilty verdicts. i mean, she will be sentenced. she most likely there's a sentencing guidelines are not mandatory, but, you know, the matrix is, starts with up to 3 month in prison per count. she'll be ordered to restitution. that's like $150 million in restitution. so that will give you an idea how impactful her false statements were in garnering revenue for the company. >> what does that mean in terms of making r

so where is elizabeth holmes tonight? as i showed you a brief time ago, she left the courthouse with her family. she won't learn her sentence likely for a couple of months. but when she does, it could include jail time. the question now, how much jail time will she face. let's bring in our business and tech reporter scott budman, and our legal analyst, defense attorney paula canny. nice to have both of you back on the program. scott, we'll start with you. you were there. you've been inside the courtroom almost every day. what was it like today when they read the verdict? >> hey, raj, i'll tell you, there have been a lot of tense moments over the past 3 1/2 months, but none more so this afternoon when the verdict was read. everybody was there. her family was there. elizabeth holmes throughout the whole entire time that all those charges read off was staring straight forward for the most part. at a couple of points, she did try to make contact with some of the jurors. they did not look back, and eventually holmes as some of

elizabeth holmes has been found guilty.g it has been a really long trial, more than three months, for the combated start up founder. elizabeth holmes found guilty in this trial. they were trying to decide whether holmes was guilty of fraud and conspiracy charges filed in 2018. give a little context for what this would mean for elizabeth holmes. emily: they are working through eight charges. officially, elizabeth holmes has been found guilty in this fraud trial. she has been found not guilty on count number two. they are going through count by count. one guilty count is a guilty verdict. all of these counts carry a maximum of 20 years in prison. those would be served concurrently. she likely would not serve more than 20 years in, even if guilty on all eight counts. the jury has no verdict on counts3, 4, and 5. those must be the counts the jury was in an impasse on. the big takeaway, she has been found guilty of at least one count, not guilty on count number two. we are getting count number six and seven. guilty on counts num

. >> i like to welcome elisabeth holm. >> incredible holmes. >> now facing prison time. does elizabeth holmes pull something like that off? a panel including family friend of holmes weighs in next. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned we could sell all of our policy, or keep part of it with no future payments. who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without fin

after her husband died, she said, she notified elizabeth holmes, but she never heard back. the call she did get, she said, from an office manager asking her to return theranos company property. >> reporter: what is it mean for you that she was convicted? >> there is a little bit of satisfaction of knowing that she will suffer because, believe me, i have suffered and ian suffered and she has shown no remorse for any of the things she has done to anyone. nothing. >> cbs news asked the attorneys of elizabeth holmes for a response but didn't hear back from them. we also reached out to channing roberts and he did not respond to the request for comment. but he had told vanity fair back in 2016 that he recalled givens telling him what theranos had accomplished at that time was sufficient to commercialize. >>> onto the healthwatch now. a new report from the american cancer society showing major progress against the leading cause of cancer in the united states which is lung cancer. the report shows it is been diagnosed earlier and people are living longer. doctors credit increased a

seven days of deliberations, and the jury convicted holmes. she was found guilty on four charges, one for conspiracy against investors, and one for wire fraud and one for wide fraud on theranos investors. they were deadlocked for the remaining three. today, scott budman has more on what is next. >> reporter: a dramatic picture as elizabeth holmes and her family walked past cameras and gauntlet, and her head down not commenting at all after getting what had to be pretty bad news for her. there were four counts she was found not guilty on and four counts she was guilty on and three counts they could not decide on. prosecuting attorneys had this to say about the outcome. >> the guilty verdicts in this case shows holmes' culpability. >> now i want to take you back in the courtroom where elizabeth holmes sat still and stared silently for most of the time when we heard the charges read back, and four found guilty and four not guilty and three deadlocked. holmes was able to turn around and hug individual members of her family before she and they were

>>> now at 11:00, a jury finds elizabeth holmes guilty of fraud. what's next for the theranos founder? >>> police in santa clara county are on the scene of a double shooting. what we have learned about the investigation. >>> the rain has returned. how long the latest round of wet weather will stick around. >>> plus -- >> when omicron came, it came with a vengeance. >> a surge in coronavirus forcing more bay area restaurants to shut down. we'll look at the numbers and how business owners are responding. i'm elizabeth cook. >> i'm allen martin. streaming on cbsn bay area, elizabeth holmes is now a convicted felon. a jury found the former bio tech ceo guilty of four conspiracy and fraud charges. maria medina is live in san jose with why this case is far from over. >> reporter: elizabeth holmes faces up to 80 years in prison, but legal experts say she can still fight this and it is expected she will. >> it is fraud on main street. ssilicon valley. >> reporter: elizabeth holmes walked out of the courthouse dodging a throng of journalists and her questio

and the latest from california in the elizabeth holmes trial.anger during childbirth, how racial in equities are putting the lives of black mothers at risk. and unifying america, the dinner party bringin red and blue america together through good food and conversation. this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. >> o'donnell: good evening to our viewers in the west, and thank you for joining us. we've got new information tonight about the biggest snowstorm to hit the mid atlantic in years and the latest on the travel chaos across the country. airlines canceled more than 3,000 flights today due to a combination of covid-related staff shortages and severe winter storms. a fast-moving storm system dropped up to 10 inches of snow right here in the nation's capitol, forcing grounded planes at two d.c. area airports. the total number of flight cancellations since christmas eve topped 15,000 and airlines are warning it is not over yet. there may be another storm coming later this week. so, we've got more on

a verdict just in in the elizabeth holmes trial. also on the pandemic tonight, the fda with news on boosters for teens and for adults, too. how soon should you now get boosters? the fda today authorizing those booster shots for children 12 to 15, just as millions of students return to school. the fda now also saying teens and adults who got the pfizer vaccine should get the pfizer booster after five months, not waiting six months. tonight, schools in new york city remaining open, with a new mayor vowing to keep them open. several major cities, though, including atlanta and cleveland starting the new year by returning to remote learning, at least temporarily. so, what is the answer? with the u.s. now averaging 400,000 new cases per day. dr. jha standing by to answer your questions tonight. >>> also tonight, the dangerous winter storm. new jersey, d.c., virginia, maryland, down to georgia. more than a foot of snow in some places. 500 accidents in virginia alone. tonight, more than 3,000 flights canceled. even issues with air force one

another story we are following -- elizabeth holmes convicted.e are waiting to find out when she will be sentenced after a jury found her guilty of fraud for her role in the collapse of her once multibillion-dollar blood testing startup, theranos. bloombergs -- rosenblatt was in the courtroom every day of the trial and is back with us. i would love for you to paint the scene for us. as the verdict was being read, what was elizabeth holmes' demeanor, and what happened afterwards? >> as the verdict was being read, i watched elizabeth holmes closely. what was very interesting about her was she comported herself as she has throughout the entire trial. she sat upright. she looked at the clerk who was reading the verdict and she stood perfectly still and stared straight ahead. the room was quiet. the family was quiet. there was no noise in the courtroom other than the fluttering of clear keyboards from the press. what was more telling was immediately afterwards. i went into the hallway to wait for elizabeth holmes to get a response from her. as i was w

elizabeth holmes was facing 11 counts.pped which is why it appears from what we have as 12. number one, being guilty for the charge of committing wire fraud against investors. number two, being the charge of conspiracy to commit wire fraud against theranos pain patients. going on, bear with me as we go through all of these line by line. no verdict on the charge of the wire fraud against investors. there were a number of high profile ones, members of the government including betsy devos . many investing millions upon millions. i elation of 18 u.s. -- this is the code itself, in connection with wire transfer. of this has been investigated. number four, no verdict on the charge of a wire fraud against theranos investors. this is regarding a wire transfer of over $5 million. also in december, 2013. number five, no verdict on the charge of wire fraud against other investors. this to the tune of about $5 million. larry you mentioned this before, but i think there were about $900 million that people were at odds about. the scale

our top stories: elizabeth holmes who became 3 silicon valley billionaire after setting up the blood testing start—up theranos has been found guilty of conspiring to defraud investors. a legal document signed between virginia giuffre and jeffrey epstein 12 years ago has been made public. how will that affect her civil case against prince andrew of alleged sexual assault? the beijing winter olympics is just weeks away. how is china preparing to welcome spectators in the midst of a global pandemic? if their events are in the mountains, they'll be able to take a high—speed train there. that's because some of these trains are operating completely within the bubble. wonderful! our sole correspondence - wonderful! our sole i correspondence takes wonderful! our sole - correspondence takes the geforce test to fly fighter jet as she reports on south korea's defence spending spree. they are still officially at war with north korea. here in the skies over the country, there have also been increasing air incursions. hello. thanks very much for joining us. it was billed as a potential revolution

holmes was acquitted of defrauding patients.234s prison. >>> the cdc is expected to sign off tomorrow on pfizer vaccine booster shots for kids ages 12 to 15. it comes as a record number of children are testing positive for the virus. meanwhile in france scientists are tracking another new variant. >>> the manhattan d.a.'s office will not charge former new york governor andrew cuomo for his handling of nursing home deaths early in the pandemic criticized for returning residents even if they had not tested negative. >>> stormy across the west with rain along the coast and heavy snow in the rockies. lght snow in the northern plains and slick conditons after that storm in the mid-atlantic. drivers were stranded on interstate 95 in virginia overnight. >>> finally the end of an era for cell phones. >> here's will ganss with the blackberry's last call. >> reporter: bye-bye, blackberry. >> the new blackberry z10. >> reporter: as of today blackberry devices running on the company's legacy operating systems and software will no longer wor

a verdict just in in the elizabeth holmes trial.tonight, the fda with news on boosters for teens and for adults, too. how soon should you now get boosters? the fda today authorizing those booster shots for children 12 to 15, just as millions of students return to school. the fda now also saying teens and adults who got the pfizer vaccine should get the pfizer booster after five months, not waiting six months. tonight, schools in new york city remaining open, with a new mayor vowing to keep them open. several major cities, though, including atlanta and cleveland starting the new year by returning to remote learning, at least temporarily. so, what is the answer? with the u.s. now averaging 400,000 new cases per day. dr. jha standing by to answer your quest

they spoke that ms holmes actually lied to them during the interviews.cluding... nonetheless, and you would know better than anyone, it is not easy to pin the sort of thing on a ceo particularly one that doesn't necessarily have a high tech background. how important do you think was she herself, elizabeth holmes, in terms of her evidence and her role in sarah loss in coming to this decision —— theranos. she sarah loss in coming to this decision -- theranos. she was her own worst _ decision -- theranos. she was her own worst enemy - decision -- theranos. she was her own worst enemy because | decision -- theranos. she was - her own worst enemy because she talked a lot. she talked to anyone who would listen, and that created the opportunity for deception or at least shalvey is a misunderstanding, and the government use that against her —— or at least shalvey say. she often told in generalities. —— shall we say. she had enough common themes throughout the entire seven or eight year course of this conspiracy that thejury eight year course of this conspiracy t

holmes got up, walked over to her parents, embraced them, embraced her partner, billy evans.er father kissed her on her forehead and she left the courtroom. it was a mixed verdict that she got. so the jury found her guilty of defrauding investors, but not defrauding the patients. sentencing is up next. holmes will be back in court next week for that and it's entirely up to the judge to decide on it. you know, they're going to be looking at things like her prior record if she showed any remorse, all of that stuff. legal experts tell me that they're really going to take into account the amount lost here in holmes' case, we're talking about hundreds of millions of dollars. if you add up each count, the maximum she could face is 65 years behind bars. that shyly unlikely. but deirdre, you've got to wonder what elizabeth holmes is thinking today she was the darling of silicon valley she was a billionaire, at least on paper rubbing shoulders with the who's who. but this morning, she is facing a very uncertain future. >> yeah. quite the fall one that we have tracked so closely over t

heather holmes. these charges. i'm a little bit surprised. that they found her not guilty on the individuals that took the blood test but guilty on the investors . i know the government waited their case towards that. but i thought it would be more emotional for the jury, and they would attach more to the person persons that were, in a sense, the frosted by elizabeth holmes by giving them false blood information. a lot of twists and turns throughout the day, michael we heard that they were deadlocked on some of the charges. judge says. go back, do some more work. were you surprised that we got this verdict so quickly after those jurors let the judge know that they were deadlocked on some of the charges. not usually when juries tell judges look, we're deadlocked. we've been doing this summer 40 hours. we're not going to come to a consensus. judges always always send them back. and often times read them. what's called the blockbuster instruction, which basically tells him look, no matter which side you run. rethink your position. there is some

i'm alex savage, heather holmes frank and julia off tonight, many employers are now revising their return to office plans and vaccination policies. ktvu elissa harrington is here now to tell us how starbucks is responding to this latest covid search, you know, starbucks is just one of the major companies requiring all employees to either get fully vaccinated or take weekly covid test. female one doctor. i talked to said this surge in cases is very concerning and now is not the best time to return to the office. if you don't have to. terrible doctor, john schwartzberg, a clinical professor of infectious disease at uc berkeley, reacts to the latest covid numbers in california cases and hospitalizations or climbing, and dr schwartzberg believes we have some tough weeks ahead. it's what we unfortunately expected. once we saw how transmissible covid was, and of course, with christmas and new year's in all the celebration, travel and parties and so on. this is the this is the consequence of all of that. the surge in cases has made a mess of air travel and cause some businesses to close. coffee

let's talk about elizabeth holmes specifically. what is next for her? there is some down time between when she gets sentenced. >> right, it's typically i'm told about two months before she gets sentenced. there will be a parole board hearing, the judge will have some say and both sides, the prosecuting side and defense side, will argue for more or less time in prison, and we'll see where that goes, and that could take a couple months. meanwhile, in one month, her former co-theranos executive is set to schedule and start his trial here in federal court as well. so theranos is going to be in the news for some time. >> we're not done yet. that's for sure. all right, thank you, scott. >>> now, holmes' conviction unleashed a flood of theranos memorabilia offered for sale on ebay. the seller of a lab coat is asking $7,000 for that coat. hats, t-shirts for the shuttered start-up also offered. so far, a set of glass laboratory lenses with labels that say theranos lab have sold for nearly $1,000. a set of three magazines with holmes on the covers brought in $200

a hung jury on three counts against elizabeth holmes. so, we are talking about a very mixed bag of results, but there are four convictions, which could translate into jail time for elizabeth holmes when the sentencing happens a little bit later. let's get some analysis from one of our legal analysts on the jury results this afternoon. >> i think the evidence definitely supports their reasoning, and i think this jury did a fine job of being very diligent and going through the evidence and asking questions of the judge and seeking the

[music playing] happy >>> the wait for a verdict in the elizabeth holmes trial may be over tonight. i'm kelly evans in for shepard smith. this is "the news on cnbc. this is "the news on cnbc. omicron skyrocketing as millions of kids head back to school. >> i do feel safe bringing her to school bu >> i do feel safe bringing her to school but it's still scary. >> plus, a major announcement from the fda how it impacts children coast to coast. >>> winter storms kicking off the new year. er knocking off power and causing major travel troubles. >>> colorado, burned out and now covered in snow after last week's zrugt destructive wildfires. we're live on the ground as >> cars covered in snow. had to clean that off. >> extreme weather knocking off power and causing major travel troubles. >>> colorado, burned out and now covered in snow after last week's destructive wildfires. we're live on the ground as people return to ruins. >> it's still so surreal. >>> antonio brown's sideline meltdown. >> he is no longer a buc. >> the nfl star out of a job what happened and why some in the league are ex

. >>> this morning elizabeth holmes is a convicted felon. a jury found her guilty of four conspiracy and fraud charges for swindling her investors. maria explains why this case may be far from over. >> elizabeth holmes faces up to 80 years in prison but legal experts say she can still fight this and it's expected she will. >> do you have any reaction to your guilty verdict? >> it's fraud on main street. it's fraud in silicon valley. >> tonight elizabeth holmes walked out of the federal courthouse dodging reporters and their questions, minutes after learning her fate. >> what do you have to say about the charges? >> out of 11 charges the jury found her guilty of conspiracy to defraud investors and guilty of wire fraud. jurors came back deadlocked on three and acquitted her of four other charges. >> the jury acquitted her of all the charges having to do with defrauding patients. i think it suggests that they were being verycareful. >> it's not over yet. >> a legal analyst and former prosecutor was in the courtroom when the verdict was read. ho

i like to welcome elizabeth holmes. >> incredible elizabeth holmes. ♪ ♪ >> you found this company 12 how old you are? >> 19. whistle-blowers expose elizabeth holmes was an extraordinary fraud. >> now officially been indicted on federal wire fraud charges. >> fadgedder found guilty on four federal fraud charges for exaggerating her company blood testing technology to investors. she was compared to steve jobs and now she's a convicted felon who is facing up to 20 years behind bars. welcome back to unfiltered rise and fall of elizabeth holmes fascinating story kapght vatted nation and how was she tiebl fool sel con valley investors and society's elites for as long as she did? joining me now for perspective on this fascinating case is our panel former family friend and neighbor joseph and host of the next revolution steve hilton has inside knowledge of the workings of silicon valley steve i'll go to you first. listen these were smart people she fooled with a blood test technology steve. a lot of venture capitalist out there. but you know, i saw some of your notes before this explain how

holmes sitting wearing a mask in court had no visible reaction as the verdicts were read. back in 2015 she topped the "forbes" list of america's richest women. her net worth at 31 was $4.5 billion and claimed her company's device performed several diagnostic tests but then came allegations that the technology did not work as advertised. during her trial holmes took the stand for seven days denying she misled anyone and claimed that theranos chief operating ramesh "sunny" balwani was physically and emotionally abusive to her controlling her life while the two were in a relationship, claims he denies. >> i think that her testimony in this case leaned heavily on the alleged abuse she was suffering and that didn't carry over to the charges that she was being charged with, so i think some of that may not have been as significant for the jury as her defense anticipated. >> reporter: while on the stand holmes said, quote, of course not when asked if investors had lost money because she misled them, but during an interview with investigators before the trial she acknowledged a num

let's get to the charges that elizabeth holmes was convicted on. she was convicted on four counts, including conspiracy, as well as wire fraud. she was found not guilty on four other counts, and the jury hung on three of the counts against elizabeth holmes. >> the guilty verdicts in this case reflect ms. holmes culpability in this large-scale investor fraud, and she must now face sentencing for her crimes. >> i think the evidence definitely supports their reasoning, and i think this a jury did a fine job of being very diligent and going through evidence and asking questions of the judge, and seeking the judges guidance on how they should follow the procedure properly. >> reporter: there will likely be an appeal, there will be sentencing scheduled down the road. it is difficult to say at this point what type of sentence, or how long elizabeth holmes could be sent to some sort of correctional facility. that will come in the months ahead. but, we do know that these convictions are significant and could send shockwaves throughout silicon valley. >> som

this and has a jury convicted holmes of four counts of defrauding investors. she was acquitted of for other felony charges. jurors came back deadlocked on three. in an interview len kiese talked with legal analyst about where it all goes from here.? the question right now is what is next for elizabeth holmes as she awaits sentencing. and how long could she actually spend in prison. >> great question. so, sensing will probably be set. we will have a hearing for both sides getting to argue with i think the appropriate amount of time is. then over will be one to two months out after the presentencing report is submitted. so, in other words, the probation department will interview ms. holmes and the investors and any, you know, do any background research on her regarding any criminal history, which i don't think there is any. and make a recommendation to the judge. as far as sentencing, i can tell you this. as of 2020, the conviction on one count of wire fraud across the federal courts generally brings a sentence averaging 20 months. in particular, because of the

holmes face?to 60 years if you count the maximum amount for the four counts she was found guilty for it's entirely up to the judge here and it's going to be up to her defense attorneys to basically ask the judge to give her a lighter sentence they'll look at her prior record, say she showed some remorse, she's a young mom and they're going to ask to cut her some slack but really you have to wonder what elizabeth holmes is thinking this morning. she was once the darling of silicone valley, she was a billionaire, at least on paper, and now she is facing some major prison time. >> yeah, it is the case that captivated so much, books, podcast, a hulu series as well i know we have "squawk box" coming up. just a small note. the day the first article came out sort of questioning theranos, i was hosting "squawk box" with becky quick, and we interviewed her. and that's, of course, she was just on the cover, i think forbes or time or one of those, and a few hours later the john carry article came out and bec

elizabeth holmes found guilty of conspiracy to defraud theranos investors. not guilty of conspiracy to defraud theranos patients. the jury could not reach a verdict on three counts of wire fraud against theranos investors, three investors that include alani yzerman who testified in the trial, black diamond ventures hedge fund, not guilty but guilty of defrauding the family office of betsy devos, the devos family, which had invested $100 million into the company. she is also found guilty of wire fraud against daniel moseley, who was an attorney who was introduced to the company by his client henry kissinger, who is on the board but she's acquitted on the counts of defrauding theranos patients so, again, a mixed verdict and unable to reach a verdict on three of the counts of wire fraud. it will now be up to the government to decide if they're going to retry her on those counts of wire fraud and really where they go from here. it is certainly a partial victory for the government elizabeth holmes can still face 20 years in prison just on the wire fraud counts bu

during the trial, holmes took the stand. she acknowledged there was some things she wished she had done differently, while arguing her investments focussed on the future. they weren't interested in today or tomorrow or next month, she said. they were interested in what kind of change we could make. tonight the woman was hailed as the next steve jobs faces jail time holmes was stoic as the verdict was read out. she hugged her parents before leaving the courtroom. she faces up to 20 years in prison for each guilty count. lester >> erin, thank you. >>> in just 60 seconds, a desperate search in colorado days after that devastating fire. >>> and one year after january 6th, we'll look at how some there that day are now focussing their efforts closer to home and a high risk for frac, now might not be the best time to ask yourself... 'are my bones strong?' life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen and protect bones

elizabeth holmes showed absolutely no emotions in the court as these verdict were being read. she is now facing the penalty, or the possible penalty of up to 20 years in prison, on just one of the guilty charges. so, she faces a significant amount of jail time, as well as a lot of fines and restitution, things like that. let's take this down a little bit more with of the charges. there is a conspiracy charge, she was found guilty. three fraud charges, she was found guilty. for charges not guilty and as i mentioned before, three charges were deadlocked. let's get a little analysis, now, from michelle, who has been with us throughout the trial. she is a legal analyst, former prosecutor, give us your take on what the jury decided today, a real mixed bag of verdicts. >> i think it is a fair outcome in the testimony that i have heard. and, you know, the jury could give a compromised or mixed verdict really came back with some guilty and some not guilty. it is usually when they are undecided. we don't know how undecided they were. were there more votes for guilty or not guilty? usua

in a statement, he said elizabeth holmes chose fraud over business failure. a jury has determined beyond reasonable doubt that she intentionally misled investors. i want to thank the fbi, san francisco agents and analysts who spent years investigating allegations of fraud within theranos to uncover the truth and ensure justice in this case. new attend . san jose police are investigating a double shooting tonight. it happened just after six o'clock this evening on north first and west rosemary streets, not far away from mineta san jose international airport. police are telling us a man and woman were both taken to the hospital, but they are expected to survive. there's no word at this point on a suspect or a motive. california is among a number of states shattering records now for new coronavirus cases. the state health department says more than 56,000 new cases were reported. as of yesterday, the average of 46 cases per 100,000 residents has now exceeded the peak of the delta search of 34 per 100,000. test positivity spiked to nearly 16% from just over 9% a w

elizabeth holmes was the youngest female tech billionaire in history.es decades in prison after a usjury found her guilty of conspiring to defraud investors. prosecutors said the 37—year—old knowingly lied about technology she said could detect diseases with a few drops of blood. our north america tech reporter james clayton has more. we'd like to see a world in which every person gets access to this type of basic testing. elizabeth holmes had a vision that turned her into a billionaire — that she could create a machine that she called the edison that could detect hundreds of diseases with just a few drops of blood. the pitch convinced some very important people. media tycoon rupert murdoch invested, bill clinton was a fan. behind me are theranos's former head offices. very plush, very expensive and in the heart of silicon valley. and the great and the good came to visit theranos. evenjoe biden came to california and heaped praise on the company. success seemed inevitable. this is my certificate for theranos, showing my shares and it was actually signed

why holmes?s really a one-off or did this case open a window into a wider problem within tech startups? >> elizabeth holmes and theranos were quite different than most startups. they weren't tech, it was a medical device company, a highly regulated space, they were building things, a physical device. all those things made the value proposition quite different and made the evidence of fraud much easier to accumulate and to prove. that doesn't mean that there aren't some really important lessons here for the startup world in terms of the enthusiasm about young college dropouts, relatively inexperienced, giving them a lot of money and power and credibility when, perhaps, what they are building is not something that they're going to be able to deliver. >> reporter: do you think that holmes' prosecution will affect how startup entrepreneurs behave? >> doubtful because silicon valley insiders have fairly distanced themselves and shown theranos was a quite different sort of company. you know, what reall

holmes, of course, can appeal, but the theranos legal drama is not over., sunny balwani, the former coo of the company. his own trial is expected to start in february. >> that is anna werner reporting. you're watching the "cbs overnight news." sweet pillows of softness! this is soft! holy charmin! excuse me! roll it back everybody! charmin ultra soft is so cushiony soft, you'll want more! but it's so absorbent, you can use less. enjoy the go with charmin. (computer keys clicking) (mouse clicks) - shriners hospitals for children is awesome! my favorite people in shriners are the doctors and the nurses because they help people through life. wow, i was a really cute kid! (chuckles) but it's true! shriners hospitals for children is awesome! the first time i went to shriners hospitals for children, i was two months old. since then, they have helped me with over 18 operations, and thousands of rehabilitation hours. because of their care, now, i live a full independent life. d i'm going to clely gifovim otki with t carwe n to just be kids. and give just $19 a mon

. >> o'donnell: the fallout from the elizabeth holmes guilty verdict.the conviction of the former theranos c.e.o. means for silicon valley. and "unifying america": how teaching empathy can help unite a nation. athy can help unite this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. >> o'donnell: good evening to our viewers in the west, and thank you for joining us. tonight, the covid tidal wave health officials warned about is here, with the u.s. shattering its single-day record of new cases. and the big concern tonight: pediatric hospitalizations and childhood infections are also setting pandemic records. the fast-spreading omicron variant is being blamed for all of it, with cases doubling every few days. and there is some breaking news tonight out the of the c.d.c. after facing criticism from top health officials about its guidance for those isolating with covid. there's a new update on what you should do after testing positive. and we're also seeing long lines of people at testing sites. hospitals and their staffs

theranos swag online after elizabeth holmes guilty verdict. wait until you see the prices. >>> good evening. this is nbc bay area use tonight. i'm raj mathai. fighting crime, why the mayor and district attorney are at odds and it's all about cleaning up the streets. let's start with this covid surge. keep in mind when you hear about all the rising covid cases, if you're vaccinated, you're unlikely to face any serious problems. we know this because hospitalization rates tively low for people that are vaxed. we're in the thick of it. the sharpest surge since the pan pandemic began. daily covid cases have more than doubled during the course of a week. the city went from 309 a day to 829 new cases per day. that's a big jump. so how long is the surge expected to last? the mayor and department of health expect the peak to happen in a couple weeks. >> we have reason to believe this surge of cases will be relatively brief. >> we will see large outbreaks and many people we know and love are getting covid. it is within our control to limit the damage. >

holmes showing no emotions as the verdicts were read it was a mixed verdict holmes guilty of conspiracynd defrauding theranos investors, but not guilty of defrauding the patients who got bad test result and is the jury unable to reach a verdict on three additional fraud counts against theranos investors. >> the guilty verdicts in this case reflect ms. holmes culpability in this large-scale investor fraud and she must now face sentencing for her crimes >> no date set for the sentencing absent from the statement, any message about the broader implications of the verdict. a lot has been said about this case's implications for the so-called fake it until you make it culture in the three years plus since theranos failed, not a whole lot has changed. >> fascinating we'll talk about this for quite a while as we get more information on sentencing. as for the trial itself, we believe there was a piece of tape shown between elizabeth holmes and cramer a long time ago. take a watch >> how many tests can your device do -- "the wall street journal" says it can only do 15 out of 240 >> we had communi

holmes can appeal against the verdict in federal appeals court.mes had a vision that turned her into a billionaire. she rated a machine that she called the mike edison, that could detect hundreds of diseases with just a few drops of blood. the pitch convinces a very prominent people. the pitch convinced some very important people. media tycoon rupert murdoch invested, bill clinton was a fan. behind me are theranos�*s former head offices. very plush, very expensive and in the heart of silicon valley. and the great and the good came to visit theranos. evenjoe biden came to california and heaped praise on the company. success seemed inevitable. this is my certificate for theranos, showing my shares and it was actually signed by elizabeth holmes. so, it's kind of a bit of history? it really is. a sad bit of history, but history nevertheless. eileen lepera was a secretary in silicon valley. she heard about this amazing new company. my boss had indicated that it was going to be, in his words, "the next apple" and that i should get as many shares as i co

the guilty verdicts in this case reflect miss holmes culpability in this large scale investor fraud. and she must now face sentencing what her crimes. that's all we have. thank you. home is founded there on us while still a teenager and was able to raise more than $900000000.00 from investors, including tech mogul larry ellison and rupert murdoch, her former partner sunny bologna is to face trial next month on similar charges. homes will not be sentenced until that case has concluded she could face up to 80 years in prison. next, inflation in cuba is running rampant tending 2021 at around 70 percent economic reforms and rising import costs are thrusting of prices for ordinary cubans. the un in affordability of some foods has forced some of the islands favorite dishes of the menu. ah, it's a new year's eve tradition and cuba roasted hawk popular songs tell of the aroma, lingering all over the island, except this is no longer true. only families lucky enough to receive remittances from overseas can afford it all, so some with well paying jobs. but for most cubans, the traditional dish