Find the perfect deal for Anatomically Correct Reborn Baby Dolls with free shipping on many items at eBay. Shop by doll size such as 20 in, 22 in, 18 in. The San Fernando Valley is an urbanized valley in Los Angeles County, California, in the Los Angeles metropolitan area, defined by the mountains of the Transverse Ranges circling it. Home to 1.77 million people, it is north of the larger, more populous Los Angeles Basin. Nearly two thirds of the valley's land area is part of the city of Los Angeles.The other incorporated cities in the valley.
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Now to new fallout for former silicon valley superstar Elizabeth Holmes founded a company that claimed to revolutionize blood testing but now she's being charged with running a massive fraud. ABC's chief business correspondent Rebecca Jarvis is here with more and, Rebecca, I remember her being on the cover of all these magazines about a big success story. What happened. Such a fall from grace here, good morning. Yes, this was silicon valley's golden girl. She attracted all sorts of Washington heavyweights to her theranos board including Henry Kissinger, even general James Mattis who quit after being nominated for defense secretary and now charged with a massive fraud. She's the Stanford dropout once hailed as the youngest self-made female billionaire appearing on the cover of magazines like 'Fortune' and 'Forbes' often in her signature black turtleneck just like Steve jobs.
The individual is the answer to the challenges of health care. Reporter: This morning a stunning fall from grace. Elizabeth Holmes who spent years claiming the lab tests at her hot start-up theranos could detect hundreds of diseases with a few pricks of blood now charged by the S.E.C. With a massive fraud. The 34-year-old and her top associate accused of lying about the technology which regulators say never actually worked like it should and allegedly defrauding investors out of $700 million. How would you describe her? She loves attention and she really plays up to power.
Reporter: Just last year we visited the theranos headquarters in silicon valley. The building appeared mostly empty. Oh, hi, yes, we're here with ABC news. This is private property. We don't allow filming on property here. Reporter: Back then former employee Erica Chung recalls an environment of unprecedented secrecy, something she testified about in a separate lawsuit against the company.
I have not experienced anything, anything like working at theranos and the level of secrecy and the amount of hiding that goes on in any other company. As part of the settlement Elizabeth Holmes will pay a $500,000 fine and cannot serve as a director, officer of a publicly traded company for ten years and had to return 18.9 million shares of the company's stock. But neither she nor the company has admitted or denied any wrongdoing. Theranos' independent director said the company is pleased to be bringing this matter to a close and looks forward to advancing its technology, Michael. Rebecca, if you were a regular investor, will you lose money. Everybody who at this point put money in isn't necessarily getting anything out. The only way they get anything out is if this money can make or this company can make money or if they sell the company and ultimately makes money.
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Is this the end of it for her or could she face lawsuits. She could likely face lawsuits. They opened a criminal investigation and that is unclosed. She has settled some lawsuits already. Thanks so much. Thanks, guys.
A major recall from FordThis transcript has been automatically generated and may not be 100% accurate.
RELATED STORIES.The following story contains spoilers about Silicon Valley ‘s series finale — proceed at your own peril!In the end, Team Pied Piper failed to conquer the tech world but succeeded in saving the actual world. It was a fitting conclusion for HBO’s, which spent a large chunk of Sunday’s series finale flashing forward a decade (by way of a documentary device) to show us where Richard & Co. Landed in he wake of PiperNet’s implosion. The major futuristic takeaways: Jian Yang faked his own death and possibly murdered Erlich Bachman before definitely assuming his identity; Gavin Belson is a faux literary phenom and maybe gay; and Laurie Bream is serving a lengthy prison sentence (but for what?!). TVLINE Laurie Bream is in prison.
What did they get her for in the end?That was a deliberate decision to not reveal what landed here in jail. The one conversation we had to have about what she was convicted of was related to what she was wearing. In minimum security prisons people wear tan jumpsuits. And in medium and high security prisons they wear orange jumpsuits. I got a call from the wardrobe people asking, “What did Laurie get convicted of?” Ultimately, it came down to orange because I think it’s funnier. Whatever she did it merited an orange jumpsuit.TVLINE Talk to me about the Bill Gates cameo.
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How’d that come about?He’s always been a fan of the show. Every season before we start writing we’d do a research trip up to the Bay Area.
And a couple of seasons ago we went to Seattle, and, when we were up there, a few of us sat with Bill for an hour and just shot the sh-t and picked his brain about what we got right and what we got wrong; he’s always been super helpful. So coming into the last season, we wanted to try and get him on the show. We were trying to work him into the congressional hearings in the Season 6 premiere, but it didn’t quite work creatively. But we kept trying to get him in, and finally this documentary idea came together and we just flew to Seattle and put a camera in his face. He was great. We wrote three or four different lines for him and he had them all memorized and was super spot-on and completely game to play around.TVLINE Was the Pied Piper crew always destined to go out with something less than a happy ending?We kept coming back to the question of, “What is success?” The whole show was essentially a rumination of, “Can you succeed on your own terms?
Can you succeed without losing your soul?” Ultimately, we decided for a guy like Richard success is not financial. Success is not commercial. Success is not being famous or powerful. He’s an artist and an engineer. And he did it. They built a decentralized Internet.
But it turns out it’s so good it’s going to destroy human institutions. But that in and of itself is a form of success. They built something so good that the world can’t handle it. TVLINE What was the final scene you shot?The photo shoot with them signing the AT&T deal that’s in the opening documentary footage. When you look at the footage of Richard signing the piece of paper you can see that they are all very emotional.
That was the last time that they all appeared together on camera, and they were feeling it. And, personally, getting the opportunity to be the documentarian of this piece and getting to do these one-on-one interviews with each of them was such a delight for me. It was such a pleasure to just sit with each one of them and do 15-20 minutes of Q&A. I’m not a performer, but to be able to sit and look each one of them in the eyes and run a bunch of lines was just great.
It was such a great way to wrap it up for me.TVLINE Do you think at all about the legacy the show will leave behind? What do you hope it will be?That’s up to everyone else. We just got super lucky that the tech business, during the run of the show, went from having this real smug, “You’re welcome world” attitude at the beginning to “We might’ve broken the world” at the end. I’m hearing stories now of people who work for tech companies who are ashamed to tell people which company they work for because they don’t want to get abuse for it. It’s gone from this impossible level of smugness to I don’t want to say shame yet, but some people are definitely feeling like, “Oh, we might have done terrible things and we might be held accountable for some of our obliviousness.” But at least in the case of Silicon Valley, our guys had the foresight and the moral judgment to shut it down versus, “This machine might be lubricated with the souls of our users, but we’re going to do it anyway!”.
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