Ex-Theranos president Ramesh Balwani sentenced to nearly 13 years for fraudProsecutors said Balwani, 57, conspired with Holmes, 38, to deceive Silicon Valley investors into believing the company had achieved miniat...
08 Dec, 2022, 09.11 AM IST
Who is Elizabeth Holmes? Disgraced CEO who was sentenced to more than 11 years in prison for Theranos fraudElizabeth Holmes was very successful in securing funding from investors, but it was later discovered that she had lied about the technology...
19 Nov, 2022, 08.42 PM IST
US jury convicts Theranos' Sunny Balwani of fraudThe San Jose, California, jury deliberated for a little more than five days before convicting Balwani on two counts of conspiracy and 10 co...
08 Jul, 2022, 10.14 AM IST
Keep following the sectoral cycles to maintain portfolio healthBSE Capital Goods index, between September 2000 and January 2007, was up a whopping 32 times — up 62 per cent between September 2000 and Ap...
11 Jan, 2022, 02.54 PM IST
This lab chief's testimony could upend Elizabeth Holmes's high-profile Theranos trialKingshuk Das, a former lab director for Theranos, has said he told Holmes that the company's blood-testing equipment was deficient and not ...
27 Aug, 2021, 09.08 AM IST
Luxury hotels, private jets: Theranos CEO Elizabeth Holmes’s lavish lifestyle to be part of fraud trialHolmes reigned briefly as the world’s youngest female self-made billionaire before her blood-testing startup once valued at $9 billion unra...
27 May, 2021, 12.12 PM IST
In Theranos fraud case, Holmes will be tried apart from ex-loverHolmes and Balwani are accused of lying for years, claiming Theranos machines could perform myriad tests with a single drop of blood. Prose...
23 Mar, 2020, 08.59 AM IST
Unicorns have to live in the now, not the starry futureThe struggles of SoftBank-backed Uber and WeWork are justifiably calling attention to the downsides of motives to grab for the the biggest ...
20 Dec, 2019, 09.46 AM IST
Blood-test startups try to crawl out from the shadow of TheranosTheranos hasn’t deterred Silicon Valley from its growing obsession with health care.
25 Mar, 2019, 09.52 AM IST
Theranos criminal case is broader than disclosed, US saysThe judge also ordered lawyers for both sides to work out a procedure by which protected and confidential documents are shielded from prose...
13 Oct, 2018, 11.46 AM IST
Theranos founder Holmes, ex-president charged with fraudThe indictment came out moments after Theranos said Holmes would be stepping down as chief executive officer of the blood-testing company t...
16 Jun, 2018, 12.41 PM IST
Silicon Valley keeps giving founders too much powerThe Journal reported that two-thirds of US startups with venture capital investors that went public last year had special stock giving insi...
30 May, 2018, 11.14 AM IST
US fires a warning shot at Silicon Valley with Theranos caseTheranos Inc’s Elizabeth Holmes settled with the agency over fraud allegations Wednesday and agreed to forfeit stock, pay a fine and relinq...
16 Mar, 2018, 10.44 AM IST
Precise blood testing from a fingerprick? Tanay Tandon & Deepika Bodapati thinks it's possibleAthelas has published initial data comparing traditional laboratory results to its technology, which captures high-resolution images of a b...
30 Aug, 2017, 12.29 PM IST
The tech bubble that never wasOnly recently have signs of weakness begun to appear -- tech startup funding fell in 2016, high-flying biotech company Theranos Inc. implod...
29 Apr, 2017, 12.15 PM IST
Silicon Valley cash is still chasing blood despite Theranos bust"Skepticism is raised, broadly," said Malay Gandhi, cofounder of San Francisco investment firm Ensemble Labs. He's not invested in any of t...
07 Jan, 2017, 11.35 AM IST
Elizabeth Holmes' 2-year ban leaves few options to save TheranosThe once high-flying Silicon Valley company was battered with sweeping sanctions from the Centers for Medicare and Medicaid Services, which...
09 Jul, 2016, 10.29 AM IST