Home Tags Theranos

Tag: Theranos

The rise and fall of Theranos, the blood-testing startup that went from a rising star in Silicon Valley to facing fraud charges

Theranos, the darling blood-testing startup had racked up a $9 billion valuation, and its CEO Elizabeth Holmes was featured on the cover of business magazines and top-people lists. But then questions started being raised about how the company's technology worked.
Elizabeth Holmes, founder and CEO of Theranos, speaks with Jonathan Krim, global technology editor at the Wall Street Journal, at the Wall Street Journal Digital Live (WSJDLive) conference at the Montage hotel in Laguna Beach, California, October 21, 2015.

A former Apple employee inspired Theranos CEO Elizabeth Holmes’ change from ‘frumpy accountant’ to her signature Steve Jobs-style bl...

In John Carreyrou's new book, "Bad Blood: Secrets and Lies in a Silicon Valley Startup," he recounts employee testaments about what inspired Elizabeth Holmes' famous and iconic outfit.
Elizabeth Holmes speaking at TedMed

The reporter who broke the Theranos saga wide open pinpoints the moment he knew he had a big story on his hands

John Carreyrou, the Wall Street Journal reporter who revealed problems with the blood-testing startup Theranos' technology, describes the moment he knew he had an opening into uncovering the story.

Theranos is about to shut down for good

The scandal-plagued blood-testing company has been on the ropes for years, mired in controversy over what was once seen as a breakthrough lab-testing product that was poised to disrupt the legacy health care industry.

This startup wants to make blood testing as easy as snapping a photo with an iPhone

Princeton University professor Stephen Chou created a test that uses an iPhone and an attached device to run tests like a complete blood count. The device, not yet approved, could bring blood-testing technology to more people who might not have access to a full lab.

The mysterious former Theranos executive who’s been charged with fraud is coming out of the shadows and speaking out

Former Theranos president Sunny Balwani has been charged with fraud by both the SEC and the DOJ. Balwani's lawyer, Jeffrey Coopersmith, told Business Insider that this is an "odd case," because Balwani had not benefitted financially from his work at Theranos and did not defraud anyone.

Billionaire Theranos defender Tim Draper says Elizabeth Holmes ‘was doing really good work’ before she was attacked and ‘forced to s...

Venture capitalist Tim Draper was an early investor in Theranos and was the company's most public defender, even while the company and its CEO came under fire for misleading investors and the public.
Elizabeth Holmes

Theranos founder Elizabeth Holmes has been charged with wire fraud — here’s how much jail time she could face

The charges stem from allegations that the two engaged in a scheme to defraud investors and a separate scheme to defraud doctors and patients while at the blood-testing company, the Department of Justice said Friday. Balwani and Holmes face up to 20 years in jail and a $250,000 fine if convicted.
Theranos founder Elizabeth Holmes had a right-hand man who stayed mainly out of the headlines.

The mysterious story of former Theranos president Sunny Balwani, who former employees saw as an ‘enforcer’ and now faces criminal charges ...

Not much is known about former Theranos executive Sunny Balwani, who Wall Street Journal investigative reporter and author of "Bad Blood" John Carreyrou found was in a romantic relationship with Theranos founder and CEO Elizabeth Holmes during the time he was at the company.

Theranos founder Elizabeth Holmes is stepping down as CEO as she faces charges of wire fraud

Elizabeth Holmes is no longer the CEO of Theranos. Holmes, who founded the company in 2003, will be replaced by David Taylor, the company's general counsel, the board said in a statement Friday.