Theranos, once valued at as much as $9 billion, remains the subject of an ongoing criminal investigation by the Department of Justice.

Federal prosecutors indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also brought charges against the company's …

Elizabeth Holmes is no longer the CEO of Theranos. Holmes, who founded the company in 2003, will be replaced by David Taylor, the company's general counsel, the board said in a statement Friday.

When Theranos learned what Wall Street Journal reporter John Carreyrou was digging into, the company went through some tremendous lengths to get ahead of the story. In Carreyrou's new book, " Bad Blood," he details the legal sit-downs with superstar lawyer Da…

Bryan Logan/Business Insider Tesla is asking a court to dismiss a securities fraud lawsuit by shareholders who said the electric vehicle maker gave false public statements about the progress of producing its new Model 3 sedan. The company said that its statem…

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 business partners about how its technology worked. Carreyrou’s new book…

The too-good-to-be-true company’s CEO, Elizabeth Holmes, was obsessed with Apple co-founder Steve Jobs.

We're just days away from the much-anticipated Royal Wedding, so naturally, Lifetime's not-nearly-as-anticipated TV movie detailing the blossoming romance between Prince Harry and Megan Markle has landed. Premiering on May 13 and generating immediate, dramati…

He lost $500,000, but you wouldn’t know it from listening to him.

Last week, Business Insider reported that employees of the troubled startup Theranos had created a Space Invaders -style video game featuring the Wall Street Journal's John Carreyrou as a target. Carreyrou began reporting on the company in 2015 and revealed t…

“The most viable option that we have identified to forestall a near-term sale or a potential default under our credit agreement is further investment by one or more of you.” View Entire Post ›

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 …

Theranos has laid off about 100 employees, The Wall Street Journal reported Tuesday. It's the third round of layoffs in the past two years for the blood-testing company. At one point, the company had more than 700 employees. Tuesday's layoff brings the headco…

Elizabeth Holmes, in her signature turtleneck, speaking at the Clinton Global Initiative in 2015.

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 abou…

A student-led protest at Santa Monica High School in California on Wednesday. “We all want a good community and we all want to make a change,” said a student at a walkout in Chicago.

Here’s what you need to know to start your day.

Theranos, the Silicon Valley startup that claimed to have developed a revolutionary system for conducting extensive blood tests (240 of them) with a single drop, has been in trouble for years for failing to make good on its promises. Its CEO Elizabeth Holmes …

Theranos, led by CEO and founder Elizabeth Holmes, raised more than $700 million on the promise of a revolutionary blood-testing technology that never materialized. The Securities and Exchange Commission just charged her with “massive fraud.” View Entire Post…

Bloomberg The Blood Unicorn Theranos Was Just a Fairy Tale Bloomberg It has been pretty obvious for a few years now that Theranos Inc. was a huge fraud. Theranos is a blood-testing startup that developed devices, which it called "TSPUs" and "miniLabs," that w…

Holmes will pay $500,000 penalty and return 18.9 million shares.

Elizabeth Holmes, the CEO of the once highly touted blood-testing startup, is accused of an \"elaborate years-long fraud.\"

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 Securiti…

In 2014, they said she was the next Steve Jobs with her business secrets and innovation, but Elizabeth Holmes’ hot start-up Theranos didn’t last very long.

She was stripped of control over the company

thinking about my old coworker who looooves elizabeth holmes https://t.co/nCXwzmfFSr

Amanda Seyfried really embodies elizabeth holmes so well in “the dropout “ . Both the social awkwardness that we have seen and the one imagined just work so well!

RT @TheRealThelmaJ1: The thing I love most about this video, beyond how out of breath a kid in his 20s is trying to keep up with a woman in…

Lily Rose Depp’s husky man voice is my favorite part about this show. Idk if that’s how she talks in real life or if she’s Larping as Elizabeth Holmes, but I’m here for it. #theidol

Isn't the real story behind Elizabeth Holmes of theranos... how so many well placed people were willing to put their faith in someone who'd never had a job, and had no education in science... leading a medical company?

I never looked closely at Elizabeth Holmes, always wondered about the simple explanation of delusional overconfidence and not outright fraud. Not everyone has strong contact with reality. Reading about her control over others’ communication shifted my outlook somewhat.

Free Elizabeth Holmes!

Elizabeth Holmes is in prison for using pre-made technology, and Elon Musk is selling pre-order "Cybertrucks" that he can't deliver. Why aren't his image and companies being torn apart.

The more I read about "The Titan" and the Oceangate CEO Rush, the more I am reminded of Theranos CEO Elizabeth Holmes, brilliant well educated people who speak well, who allow magical thinking to elude reality. After this however prison may be a better place than awash in waves

Amanda Seyfried playing Elizabeth Holmes in The Dropout lifted the mouth acting straight off of Reese Witherspoon playing Tracy Flick in Election.

Elizabeth Holmes could get a free vacation but Anna Delvey could never found a startup.

RT @sanjay_world: I actually feel sorry for Elizabeth Holmes. Her only crime was that she got caught. Medical tests are the biggest scam…

RT @sanjay_world: I actually feel sorry for Elizabeth Holmes. Her only crime was that she got caught. Medical tests are the biggest scam…

Stockton Rush, Elizabeth Holmes… commonalities between CEOs? what blinded them…

The real victims of Elizabeth Holmes https://t.co/1B6gPg1V62 via @BusinessMirror First column in Business Mirror.

So how long before the U.S. government covertly sends George Santos, Elizabeth Holmes, and Anna Delvey on a Suicide Squad-style mission to take down a foreign oligarch?

RT @a_double_m_lee: @Prokaryota Part of me thinks this is the reason the Elizabeth Holmes of the world exist. “This lady wears the same clo…

RT @JayEthio: @Dare_To_Venture This story reminded me of the Theranos criminal fraud by Elizabeth Holmes

RT @zachinpractice: @Neoavatara A healthcare startup with a super secretive process underlying its value proposition? What in the Elizabeth…

RT @barberofcivil: @DrSarteschi I heard Elizabeth Holmes is making a mock up during her yard time.

RT @maashimellows: Started watching The Dropout and I’m obsessed!! Husband is not a massive fan so we’re also going to watch the documentar…

RT @DanielleRackle2: While no one can top Amanda Seyfried’s Elizabeth Holmes in “The Dropout”, I want more. I want there to be as many Ther…

elon musk, elizabeth holmes, stockton rush and tony khan are the same kinda people. incompetence hiding behind money and "dreamer rhetoric" but ya'll arent ready for that conversation

RT @HowardBlandy34_: Balenciaga got the whackest out fits, man. They got my boy Garnacho dressed up like Elizabeth Holmes. Smdh

RT @M_Lipshutz: How about Elizabeth Holmes’ worst mistake was dropping out of Stanford University because she thought she knew more than sh…

RT @sammyclaws12: was watching the Elizabeth Holmes doc on HBO and fuckin Kari Lake popped up https://t.co/9luRtEr9OP

Theranos was not the only company attempting comprehensive blood testing from a single drop. Elizabeth Holmes was fake it til you make it. Maverick from Genalyte tests 62 values from a drop. Could be used by the family doctor, or ambulance & in the home https://t.co/tKfJkvoCt9

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

Rewatching this Elizabeth Holmes documentary and it’s just so unbelievable…

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

RT @ThatUmbrella: This same crowd called it sexist to hold Elizabeth Holmes accountable. As we learned from Amber Heard, these weirdos lo…

lrts not even that deep yet into csm but i love creepy makima fanart ..... tho i can't still get that one comment abt how she kinda looks like elizabeth holmes out of my head skdhdksjks

got compared to elizabeth holmes and steve jobs in the same minute mever wearing this shirt or trusting people ever again

RT @heavyredaction: Can we get more than *a month* between Elizabeth Holmes starting her 11-year prison sentence for defrauding Theranos in…

RT @heavyredaction: Can we get more than *a month* between Elizabeth Holmes starting her 11-year prison sentence for defrauding Theranos in…

RT @magdalenaday: 3 lessons from the TV show “The Dropout” about Theranos and Elizabeth Holmes https://t.co/aXh5Rfyhiy #ScienceStartups ht…