Tag: Elizabeth Holmes


Theranos starts 2017 by firing 40% of its staff

January 10, 2017


Theranos has announced its latest round of job cuts, firing 155 employees to leave a “core team” of just 220. The news was first reported by Bloomberg, and later confirmed by the startup. It says the move was “difficult,” but […]


How $9 billion blood-testing startup Theranos blew up

October 27, 2016


This is the story of a flawed idea that just kept going until a man committed suicide, a company imploded, and an entire industry was left reeling. Blood work In 2014, Elizabeth Holmes was the young, blond, fearless CEO of […]


Hedge Fund Lawsuit Alleges Theranos ‘Knowingly And Repeatedly Lied ‘

October 12, 2016

Via: Forbes

Until now, there has been one big reason to believe that Theranos, the controversial diagnostics startup, could survive despite widespread doubts about whether its technology, which the company once promised would revolutionize the blood testing business, even works: its investors, after putting […]


Theranos closes labs, testing centers in dramatic downsizing

October 7, 2016


Embattled blood-testing start-up Theranos will close all its clinical labs and Wellness Centers, chief executive Elizabeth Holmes revealed in apublic letter to “stakeholders.” The move came after months spent “assessing our strengths and addressing our weaknesses,” she said in the […]


Theranos CEO gets a chance to convince the experts

August 2, 2016


Elizabeth Holmes, the young CEO of blood-testing start-up Theranos, has had a standing invitation for the past few years to present at the annual summit for laboratory medicine, the conference of the American Association for Clinical Chemistry. It was only […]


Blood-testing startup Theranos says it is being investigated

April 20, 2016

Via: Modern Healthcare

Troubled blood-testing startup Theranos acknowledged that it is under investigation by several regulators and agencies. The investigations follow a series of reports by The Wall Street Journal in which former employees said the company’s tests, which use only a few […]