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Theranos Predicted Huge Growth in Revenue and Profits

Investor materials show the blood-testing company projected revenue of nearly $2 billion and net income of about $505 million this year.
Wall Street Journal

Murdoch faces huge writedown on Theranos investment

Scandals at blood-testing start-up could see media tycoon losing most of $100m backing
FT.com

Videos for theranos

News video: Theranos Hit With Another Lawsuit

Theranos Hit With Another Lawsuit 00:53

The lawsuit was filed in federal court in San Francisco on Monday by investment banking firm Robertson Stephens co-founder, Robert Coleman. By Jordyn Rolling (@jordynrolling)
Source: Veuer -

News video: U.S. Voters Shock the World, Elect Donald Trump as President

U.S. Voters Shock the World, Elect Donald Trump as President 01:41

Global stocks plummeted as the results from the U.S. election came in last night. At one point, futures were down 800 points but have cut those losses in half. The Mexican peso fell to its lowest level..
Source: The Street -

News video: How Did Blood-Testing Company Theranos Blow Up?

How Did Blood-Testing Company Theranos Blow Up? 00:47

In 2014, they said she was the next Steve Jobs with her business secrets, innovation, and black turtleneck she wore every day. However, Elizabeth Holmes’ hot start-up Theranos didn’t last very..
Source: Wochit Headline News -

 

Walgreens demands $140m refund from busted bio biz Theranos


The Register

Walgreens sues Theranos for breach of contract, seeks $140 million

(Reuters) - Walgreens Boots Alliance Inc sued Theranos Inc on Tuesday, seeking $140 million in damages while accusing its onetime lab-testing partner of breaching a contract, according to court..
Reuters

Further reading

Including... - The (coy?) reemergence of Steve Cohen continues. - Theranos, it's the case the SEC has been waiting for in Silicon Valley. - Explaining Hillary-hatred. - Sebastian Mallaby on..
FT.com

California hedge fund accuses Theranos of telling a 'lies' to attract investment of $100m

california hedge fund accuses theranos of telling a 'lies' to attract investment of $100m
San Francisco-based hedge fund, Partner Fund Management (PFM) has filed a lawsuit against Theranos and founder Elizabeth Holmes for 'lying' to attract an investment of nearly $100 million.
MailOnline

What other papers say

Here are today's top stories from across the papers: *Financial Times* -EpiPen settlement moves major risk aside - FITCH- Mylan’s announcement on Friday that it would pay $465m (£376m) to..
City A.M.

U.S. hedge fund files lawsuit accusing Theranos of fraud

(Reuters) - A San Francisco-based hedge fund has filed a lawsuit against Theranos Inc, accusing the blood testing company of using fraudulent methods to attract an investment of nearly $100 million,..
Reuters

Theranos accused of ‘series of lies’

Hedge fund PFM invested $96m during fundraising by blood-testing group
FT.com

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