Books by john carreyrou6/19/2023 ![]() ![]() Just over a year later, Murdoch sold back his $125 million investment for one dollar and took, according to Carreyrou, a massive tax write-off. Murdoch refused, for the second time, Holmes’s request to interfere, telling her he trusted the Journal editors to make the best decisions. ![]() “And given how much she had to hide, that appeal to Murdoch was her last weapon.” “This was going to be her last tool to kill the story,” Carreyrou told me. He didn’t know it at the time, but now she was just an elevator’s ride away. For months, Carreyrou had been trying to get an interview with Holmes, seemingly coming close but never quite succeeding. Three floors below, Carreyrou was sitting at his desk in the Journal’s office. According to Bad Blood: Secrets and Lies in a Silicon Valley Startup, Carreyrou’s chronicle of how his coverage exposed Theranos as a fraud and destroyed its $1o billion valuation, Holmes told Murdoch that she hoped he would “offer to kill it.” This time, Holmes was trying to get Murdoch to squash a devastating story on Theranos, soon to be published in The Wall Street Journal by reporter John Carreyrou. She had first met Murdoch in 2014 to pitch him on Theranos, and convinced him to pour $125 million into the company, making him the largest investor. In late September of 2015, Elizabeth Holmes, the CEO of the once-high-flying but now disgraced Silicon Valley health-care company Theranos, was in the News Corp. ![]()
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