Munchery goes under, a new podcast documents the Theranos saga, experts explain direct listings and more.
View More Startups Weekly: Is Munchery the Fyre Festival of startups?Category: theranos
Theranos documentary review: The Inventor’s horrifying optimism
A blood-splattered Theranos machine nearly pricks an employee struggling to fix it. This gruesome graphical rendering is what you’ll walk away from HBO’s “The Inventor” with. It finally gives a visual to the startup’s laboratory fraud detailed in words by John Carreyrou’s book “Bad Blood”. The documentary that premiered tonight at Sundance Film Festival explores […]
View More Theranos documentary review: The Inventor’s horrifying optimismA new ABC documentary and podcast about Theranos features never-before aired depositions
The rise and fall of Theranos, the blood-testing company whose technology never worked despite its promises otherwise, has already been covered extensively. Most notably, the two-time Pulitzer Prize-winning reporter who broke open the story of Theranos’s secrets and lies, John Carreyrou, went on to author a best-selling book about the saga in Bad Blood. Still, with […]
View More A new ABC documentary and podcast about Theranos features never-before aired depositionsRemembering the startups we lost in 2018
There are few things in this world more difficult than launching a successful startup. It takes talent, know-how, money and a hell of a lot of good timing and luck. And even with all of those magical components in place, the odds may still be against you. At TechCrunch, we take pride in covering the […]
View More Remembering the startups we lost in 2018‘The Inventor,’ a documentary about Theranos and the ‘psychology of deception,’ will premiere at Sundance
Oscar-winning director Alex Gibney “will tell a Silicon Valley tale that [is] too good to be true,” in one of two films in the works documenting the Theranos saga.
View More ‘The Inventor,’ a documentary about Theranos and the ‘psychology of deception,’ will premiere at SundanceIn Bad Blood, a pedestrian tale of heuristics and lies
In a world where thousands and thousands of startups are started in the Bay Area every year, becoming a name that everyone recognizes is no small feat. Theranos reached that summit, and it all came crashing down. The story of the fraudulent rise and precipitous fall of the company and its entrepreneur, Elizabeth Holmes, is […]
View More In Bad Blood, a pedestrian tale of heuristics and liesWSJ reports that Theranos will finally dissolve
Theranos is reportedly finally closing down for good, nearly three years after a Wall Street Journal investigation called its blood testing technology into question. The WSJ said the company, whose dramatic downfall spawned a best-selling book that’s set to be filmed with Jennifer Lawrence starring as Theranos founder and CEO Elizabeth Holmes, sent shareholders an […]
View More WSJ reports that Theranos will finally dissolveBlood feud: Feds hit Theranos founder with criminal charges
Disruption comes in many forms. For Theranos founder Elizabeth Holmes, it may end up taking the form of a jail cell.
The 34-year old Stanford dropout has been charged by federal prosecutors with 11 counts alleging she defrauded her investors an…
Elizabeth Holmes reportedly steps down at Theranos after criminal indictment
Elizabeth Holmes has left her role as CEO of Theranos and has been charged with wire fraud, CNBC and others report. The company’s former president, Ramesh “Sunny” Balwani, was also indicted today by a grand jury. These criminal charges are separate from the civil ones filed in March by the SEC and already settled. There […]
View More Elizabeth Holmes reportedly steps down at Theranos after criminal indictmentTheranos reportedly lays off most of its remaining employees as it tries to avoid bankruptcy
The death spiral of blood-testing startup Theranos just became even more real today for the bulk of its remaining employees. The Wall Street Journal reports that the company has laid off the majority of its staff as part of a “last-ditch effort” to save cash and avoid bankruptcy. The layoffs have taken the staff from […]
View More Theranos reportedly lays off most of its remaining employees as it tries to avoid bankruptcyEquity podcast: Theranos’s reckoning, BroadQualm’s stunning conclusion and Lyft’s platform ambitions
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Katie Roof and I were joined by Mayfield Fund’s Navin Chaddha, an investor with early connections with Lyft to talk about, well, Lyft — as well as two bombshell news events in the form of an SEC fine for […]
View More Equity podcast: Theranos’s reckoning, BroadQualm’s stunning conclusion and Lyft’s platform ambitions‘The next Steve Jobs’ charged with ‘massive fraud’
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F734035%2Fcf628e6b-7143-4594-94a5-832472bb8cda.jpg)
Stanford University dropout Elizabeth Holmes was once anointed “the next Steve Jobs.”
Sadly for the now disgraced (and soon to be former) CEO of Theranos, her “one more thing” just so happens to be getting hit with charges of “massive fraud” by the Securities and Exchange Commission.
In a Wednesday press release, the SEC announced a series of charges against Holmes, Theranos, and the company’s former President Ramesh Balwani, alleging they had been running a “years-long fraud in which they exaggerated or made false statements about the company’s technology, business, and financial performance.” Read more…
More about Theranos, Elizabeth Holmes, Sec, Tech, and Big Tech Companies