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Ex-Google Chairman Eric Schmidt"s VC firm invests in Theranos-like blood diagnostics company

A Tel Aviv-based company has pulled in $25 million from former Google Chairman Eric Schmidt's Innovation Endeavors and others as it ramps up its finger-prick blood diagnostics technology. If that sounds familiar, it's because of Theranos, the one.....»»

Category: topSource: bizjournalsJul 12th, 2018

Google invests in OS that will put its Assistant on feature phones

Google has just invested $22 million in KaiOS, the company that built an app-packed operating system for feature phones......»»

Category: topSource: moneycentralJun 28th, 2018

The Wall Street Journal: Google invests $550 million in Chinese e-commerce company JD.com

Partnership will help both companies expand their retailing presence in Southeast Asia, the U.S. and Europe......»»

Category: topSource: marketwatchJun 18th, 2018

Theranos CEO Elizabeth Holmes hit with federal criminal fraud charges

Elizabeth Holmes, the high-profile but secretive founder of blood testing company Theranos Inc., and her second in command, Ramesh "Sunny" Balwani, were charged with federal wire fraud, according to a grand jury indictment unsealed Friday. Holmes, who s.....»»

Category: topSource: bizjournalsJun 17th, 2018

Theranos founder Holmes, former president indicted for fraud

(Reuters) - Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company's former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday......»»

Category: topSource: reutersJun 15th, 2018

Theranos founder Elizabeth Holmes resigns from firm she founded

Disgraced blood-testing firm Theranos said late Friday that founder Elizabeth Holmes has resigned as CEO, but remains chair of the board......»»

Category: topSource: foxnewsJun 15th, 2018

Keeping track of business leads Whelan up the corporate ladder

Julie Whelan grew up with real estate in her blood, but she didn’t necessarily want it for her future. Her father, William Whelan, was a longtime dealmaker at and eventual chairman of Spaulding & Slye, a prominent real estate service firm in B.....»»

Category: realestateSource: realestateweeklyJun 14th, 2018

Theranos founder reportedly seeks investors for new company

Elizabeth Holmes, the founder and CEO of the embattled blood-testing startup Theranos, was charged with "massive fraud" by US regulators earlier this year. Now, she's looking for investors for a new startup......»»

Category: topSource: moneycentralJun 11th, 2018

A Google engineer got up in front of the board and condemned the firm"s "chilling" diversity failures

Getty A Google engineer got up in front of the board and read a damning statement about the company's diversity failures. Irene Knapp said the lack of progress on diversity has.....»»

Category: topSource: businessinsiderJun 7th, 2018

Theranos founder Elizabeth Holmes dodges class-action investor lawsuit

A federal judge has ruled that a group of indirect investors in the failed blood-testing startup Theranos cannot file a class-action lawsuit against the company. The group included more than 200 people who invested in funds between July 2013 and Oct.....»»

Category: topSource: bizjournalsJun 4th, 2018

Ed Wedbush steps down from eponymous securities firm

Edward “Ed” Wedbush is relinquishing his post as president of Wedbush Securities, the Los Angeles financial services and investment banking firm he co-founded in 1955. He will remain chairman of parent company Wedbush Inc. Rich Jablonski and .....»»

Category: topSource: bizjournalsMay 31st, 2018

How Did Theranos Deceive So Many?

How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust: Elizabeth Holmes was just 19 years old when she dropped ou.....»»

Category: blogSource: TheBigPictureMay 23rd, 2018

How a $9 billion startup deceived Silicon Valley

John Carreyrou of The Wall Street Journal broke the original story about how Theranos, a company that pitched a revolutionary blood-testing system, was misleading investors, patients, and busin.....»»

Category: topSource: businessinsiderMay 23rd, 2018

The reporter who broke the Theranos saga wide open explains what makes the company different from any other overhyped Silicon Valley startup

CBS "60 Minutes" Theranos, the embattled blood-testing startup that came under fire in.....»»

Category: topSource: businessinsiderMay 21st, 2018

"Bad Blood" explores the culture inside disgraced startup Theranos

In a new book out Monday, Wall Street Journal investigative reporter John Carreyrou sheds light on what went on behind the scenes of the disgraced company......»»

Category: topSource: cnnMay 21st, 2018

An incident back in 2006 shows just how far back Theranos' deception went in the company's history - Business Insider

Business InsiderAn incident back in 2006 shows just how far back Theranos' deception went in the company's historyBusiness InsiderThe blood-testing company Theranos had been around for 12 years before questions started getting ra.....»»

Category: topSource: googlenewsMay 21st, 2018

An incident back in 2006 shows just how far back Theranos’ deception went in the company’s history

Jeff Chiu/AP Blood-testing company Theranos had been around for 12 years before questions started getting raised. However, the company had a long history of deceptive practices.  In Wall Street J.....»»

Category: topSource: businessinsiderMay 21st, 2018

The rise and fall of Elizabeth Holmes, who started Theranos when she was 19 and became the world"s youngest female billionaire before it all came crashing down

Mike Blake/Reuters These days, blood-testing startup Theranos is on its last legs.  But in 2014, the billion-dollar company and its CEO, Elizabeth Holmes, were on top of t.....»»

Category: topSource: businessinsiderApr 28th, 2018

Softbank, Google join $1.9 billion investment in China truck-hailing firm

BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday......»»

Category: topSource: reutersApr 24th, 2018

Time Warner CEO says AT&T merger needed to compete with internet titans

WASHINGTON (Reuters) - Time Warner Chief Executive Jeff Bewkes on Wednesday defended his company's planned merger with telecoms firm AT&T as necessary to compete effectively for advertising with internet giants like Google and Facebook......»»

Category: topSource: reutersApr 18th, 2018

Former Tronc chair selling his stake in the newspaper publishing company

Michael Ferro, the former chairman of newspaper publisher Tronc, has agreed to sell his entire stake in the company to a new media firm......»»

Category: topSource: cnnApr 13th, 2018