Rupert Murdoch, Wall Street Journal, Elizabeth Holmes discussed on On Point with Tom Ashbrook | Podcasts


It was not even able to replicate the reliability of these other larger more expensive tests later that same day October fifteen twenty fifteen Elizabeth Holmes joined CNBC's Jim Cramer to make her case to rebut the claims made in that Wall Street Journal piece. This is what happens when you work to change things. And I they think you're crazy than they fight you. And then all the sudden you change the world, and I have to say, I I personally would shocked to see that the journal would publish something like this when we had sent them over a thousand pages of documentation demonstrating that the statements in their peace were false. Now, the first time I actually saw that clip was in Alex wny's documentary, the inventor, that's just out. It's worth also noting that Elizabeth homes made a plea to one of her key investors Australian-born the billionaire named Rupert Murdoch to stop the publication of that Wall Street Journal piece. It should be noted, of course, that Murdoch. Essentially, effectively controls the Wall Street Journal he and his family. I've written a lot of critical things as a media reporter of Rupert Murdoch and that day, but you know, mega kudos for a guy. Not intervening to try to do damage control for what was it one hundred twenty five million dollar investment. That's right. And that's an incredible. Backing from the top boss. Yeah. I didn't know it at the time. I didn't know he had invested. He invested basically at exactly the same time that I started digging into the company, and and then we published in October nine months later in October two thousand fifteen and then I didn't learn of Murdoch's investment in the company until October or November of two thousand sixteen a year after my piece was published in at that point. You know, my jaw dropped when I heard it from a source, and I thought at first it was disbelief, and then I thought well, this is a great twist for the book credible. So I got a report it out. And I spent some time reporting it out and learn that they had met face to face six times including four. Times before my first investigative story was published and the last of those four times was two weeks before it was published in his corner office in a News Corp building in midtown and cheek kept bringing up the story hoping he would kill it. And and he declined to kill it in a few minutes. We're going to talk with a key source for you and a key whistleblower from inside their nose, Erica Chung. But one of the things I think it's important set the terms with is your reporting was not only remarkable. But it was particularly remarkable for the culture of secrecy, the culture of control that as you depicted as Alex Gibney depicts it a defined how thoroughness operated, right? It was a not a healthy culture. It was a culture and part that was inspired by the secrecy of apple Elizabeth homes. Adored, you know, Steve Jobs idolized him, and I'd allies everything apple and she knew about, you know, Apple's fame secrecy around its product launches and and so. She sort of emulated that. But I think it also stemmed from her personality. She's very secretive. I'm told she's inherited that trait from her mother from the early days of the company, she compartmentalize things she wouldn't let you know. The engineers communicate that much with the chemists she fired people often, and then when her boyfriend's sunny Bhawani joined in late two thousand nine he became the enforcer. And really that toxic culture went into overdrive. I wanna now reach out by Skype from Hong Kong, I want to bring into the conversation. Erika Chong Erica is a former thoroughness employees at whistle..

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