Theranos

Theranos founder's defense

In this image, Holmes stands holding an arm across her stomach while waiting for an elevator.
Elizabeth Holmes arrives at federal court in San Jose, Calif. on June 28. (Photo: Justin Sullivan/Getty Images)

Theranos Inc. founder Elizabeth Holmes aims to "put investigative journalism on trial" to defend herself against "massive" criminal fraud charges, Bloomberg's Joel Rosenblatt reports.

What's happening, per Bloomberg: "Holmes contends Wall Street Journal reporter John Carreyrou had an undue influence on federal regulators who concluded her blood-testing startup’s technology was a threat to patient health."

Corruption anxiety

Illustration of U.S. map as a rug with cockroaches crawling out
Illustration: Aïda Amer/Axios

Dayo Olopade, a Nigerian-American journalist and technologist living in London, used the term "corruption anxiety" to describe "the knowledge that society can be and has been manipulated to favor the powerful, at your expense" in a speech at Georgetown University on Tuesday.

Why it matters: It's the sentiment that drove the Arab Spring, but it's not confined to developing countries. The Tea Party, Occupy, the Brexiteers, the Yellow Vests, even Donald "stop this corrupt machine" Trump — all of them feed from a well of broad-based corruption anxiety. As Olopade puts it: "Corruption anxiety unifies the populist left and the populist right."