Everand Logo

Welcome to Everand!

  • NPR

    Theranos, Blood-Testing Company Plagued By Scandal, Says It Will Dissolve

    The company was once valued at $9 billion. Founder Elizabeth Holmes and another former executive are now facing criminal charges, and Theranos says it does not have the cash to pay shareholders.
    by Laurel Wamsley Sep 05, 2018 2 minutes
    Theranos, the blood testing startup accused of an elaborate fraud, told shareholders it will be shutting down. Founder and former CEO Elizabeth Holmes, seen here in 2015, is facing criminal charges.

    Theranos — the Silicon Valley blood-testing startup whose former top executives are accused of carrying out a massive, years-long fraud — is shutting down.

    David Taylor, who became CEO in June, said Theranos will dissolve after it attempts to pay creditors with its remaining by , which published .

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR4 min read
    From Jailhouse Melodies To Vanishing Salmon, Rejuvenate Your Listening History
    Enjoy the spring bloom, get outside, listen to a new podcast! The NPR One team has gathered a few returning favorites as well as some fresh releases from across public media.
    NPR3 min read
    A Cartoonist's Guide To Navigating 'Normal'
    Cartoonist Liana Finck has spent years learning the "rules" of social interactions. She's not convinced. Her comics poke fun at the contradictions and absurdities of daily life and modern parenting.
    NPR11 min read
    Taylor Swift's 'Tortured Poets' Is Written In Blood
    With The Tortured Poets Department, the defining pop star of her era has made an album as messy and confrontational as any good girl's work can get.

    Related Books & Audiobooks