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BBC on Elizabeth Holmes and Theranos

From: Akira Urushibata
Subject: BBC on Elizabeth Holmes and Theranos
Date: Sat, 11 Sep 2021 06:15:53 +0900 (added by address@hidden)

BBC comments on the Theraons scandal.  There is mention of NDAs and
zealous guarding of proprietary technology.  Unfortunately free
software is not mentioned.


Elizabeth Holmes: Has the Theranos scandal changed Silicon Valley?


  The problem in Silicon Valley is that the line between fraud and
  merely playing into the faking it culture is very thin.


  Secrecy is important for these companies to succeed - but that
  culture of secrecy can also be used as a smoke screen, particularly
  when even employees and investors don't understand or aren't given
  access to the technology itself.

  This is what happened at Theranos. Journalists, investors,
  politicians, you name it, were all told the science was there. Yet
  when questions were asked they were told the technology was so
  secret that it could not be fully explained, analysed or tested.


  There are many Silicon Valley companies I've reported on that will
  not fully explain how their tech actually works. They claim to have
  "proprietary" systems that cannot yet be revealed or peer-reviewed.

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