this post was submitted on 28 Mar 2025
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] Cruxifux@feddit.nl 70 points 2 weeks ago (25 children)

I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.

[–] TheFeatureCreature@lemmy.ca 69 points 2 weeks ago (14 children)

Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That's 11 years more than most other rich scumbags get.

[–] deranger@sh.itjust.works 33 points 2 weeks ago (5 children)

The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.

[–] cubism_pitta@lemmy.world 32 points 2 weeks ago (1 children)

Elizabeth Holmes only got in trouble for lying to people who should've done their "due diligence"

The patients / families of the patients that Theranos lied to and mislead never got justice.

[–] Ledericas@lemm.ee 4 points 2 weeks ago* (last edited 2 weeks ago)

i read an article when the theranos sht has been going down, around 2016, look how long it took to charge her. a patient hormone level was higher than normal indicating some form of malignancy, she took chemo only to find out she dint have any. and another indicating her bizarre behaviours too.

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