Theranos

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 i

Theranos 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

Equity 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 N

Theranos founder Elizabeth Holmes charged with massive, ‘years-long fraud’

Years after it was reported that the SEC was looking into improprieties at the once high-flying blood-testing company Theranos, its founder, Elizabeth Holmes, and the company’s former president,

Theranos gets $100 million in debt financing to carry it through 2018, with some caveats

Theranos has secured $100 million in debt financing. Yes, someone gave the blood testing company known for handing out questionable test results money. First reported by Business Insider, the company

Arizona residents are getting refunds on Theranos tests

Theranos is issuing refund checks to all Arizona residents who used the company's blood-testing services, thanks to a recent settlement by Arizona Attorney General Mark Brnovich. Between 2013 and 201

GE Ventures unveils new blood collection startup Drawbridge Health

Drawbridge Health wants to make it easier for doctor’s offices and clinics to collect small samples of your blood for testing on site with a handheld device. The device uses proprietary technolo

Crunch Report | 500 Startups Shuts Down Its Canada Fund

MIT's latest jewelry is alive, 500 Startups shuts down its Canada fund, Theranos settles with Walgreens and Samsung's latest Galaxy Note 8 leak. All this on Crunch Report!

Theranos has settled its lawsuit with Walgreens

Blood testing startup Theranos has reached a settlement with former customer Walgreens. According to the terms of the agreement, Walgreens will dismiss its lawsuit against Theranos "with no finding or

Crunch Report | Airbnb Hugs It Out in San Francisco

Aurea acquires Jive for $462 million, Airbnb settles lawsuit with the City of San Francisco over unfair overregulation of short-term rentals, Theranos settles a lawsuit with one of its investors and V

Theranos reaches settlement with investor Partner Fund Management

Beleaguered blood diagnostics startup Theranos has reached a settlement with hedge fund management firm Partner Fund Management. Terms of the settlement are confidential, but PFM had sought to recoup

Theranos says it has been mischaracterized in allegations the company faked tests

Theranos secretly bought lab equipment through a shell company, faked tests and inappropriately pumped up its financial outlook to investors, according to allegations in recently unsealed court docume

Theranos starts to agree to things

Theranos has been agreeing to a lot of things lately. This new attempt to play nice seems to be an effort to keep the company going. Theranos had to pivot to working on a "miniLab," which is essential

Theranos is offering investors Elizabeth Holmes’ shares if they promise not to sue

One way Theranos is hoping to stay afloat is by offering double the shares -- including some of founder Elizabeth Holmes' own shares -- to investors if they promise not to sue. Theranos is knee-deep i

Crunch Report | Samsung Vice Chairman Arrested

Samsung's vice chairman is arrested on bribery charges, Beepi closes down and sells off its operations and reports show that Theranos might be winding down. All this on Crunch Report.

Theranos might be on life support

It probably comes as no surprise: Theranos, the blood testing technology company once worth billions, is struggling to survive. With no revenue, no money set aside to deal with legal expenses and a fr

Theranos closed its last remaining blood-testing lab after it reportedly failed an inspection

Theranos is closing down its last remaining blood-testing facility after the lab reportedly failed a regulatory inspection, according to a Wall Street Journal report.

Arizona plans to sue Theranos over faulty blood tests

Arizona Attorney General Mark Brnovich is soliciting outside legal counsel to pursue a consumer fraud lawsuit against the beleaguered blood testing startup Theranos, according to a document posted on

No one asked Trump defense secretary pick James Mattis about his Theranos ties

In his Senate confirmation hearing on Thursday, retired Marine General James Mattis delivered his testimony to the Senate Armed Services Committee. Mattis, Trump’s appointment for secretary of

Theranos slashes another 41 percent of its workforce

Not a week goes by and it seems like we hear more bad news about Silicon Valley’s darling turned cautionary tale Theranos. The latest bit is a whopping 155 layoffs at the company today. The one
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