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Theranos' Founder Owes Her Company $25 Million
Thursday, April 6, 2017 - 10:48am | 403Elizabeth Holmes, the founder of Theranos, owes her own company $25 million. This may be an issue since her net worth as of June of 2016 plummeted from $5 billion to zero. The Wall Street Journal reported Wednesday Holmes owes her failed blood testing company millions of dollars. The debt comes...
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AirPods, Pokemon And 10 Of The Most Notable Tech Stories Of The Year
Saturday, December 31, 2016 - 3:45pm | 729Recode's Kara Swisher and The Verge's Lauren Goode took a look back at what they consider to be the top 10 technology related stories of 2016. 10. Apple's Headphone Jack Coming in at No. 10 is Apple Inc. (NASDAQ: AAPL)'s decision to say goodbye to its tangled earbuds which it...
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Theranos Will Close Its Testing Labs And Fire 340 Workers
Thursday, October 6, 2016 - 8:12am | 336Theranos, the controversial blood-testing company, said in a blog post it will close its testing labs, fire around 340 workers and now focus on its next-generation testing device called miniLab. Theranos' blood testing device called Edison examined blood samples to identify dozens of conditions...
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How Theranos' Founder Lost $4.5 Billion In Net Worth
Wednesday, June 1, 2016 - 2:12pm | 331The Wall Street Journal recently suggested that Walgreens Boots Alliance Inc (NASDAQ: WBA)'s relationship with Theranos should be classified as "an extreme case study of what can wrong" in a business deal. Theranos is a startup company that created a medical testing device called...