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Lawyers deliver opening arguments in Holmes fraud trial | Money Talks
Elizabeth Holmes claimed her company could perform tests for hundreds of diseases with just a finger prick of blood. But on Wednesday, her trial began over charges of defrauding investors and patients. US prosecutors say the founder of the now-defunct firm, Theranos, ‘lied and cheated’ for money and fame. But her lawyers insist she’s not a villain, but rather a hardworking, young and naive businesswoman whose company failed. Natasha Hussain reports. For more on this story, we poske to Santosh Rao in Princeton, New Jersey. He’s a partner and head of research at Manhattan Venture Partners.
Elon Musk launches $10B satellite network, Starlink
Billionaire Elon Musk is building a satellite network to beam broadband internet around the world. The company doing it is called Starlink, and Musk unveiled it at the Mobile World Congress, with the promise of bringing internet to hundreds of millions of people. Santosh Rao is partner and Head of Research at Manhattan Venture Partners. He joined us from Princeton, New Jersey.