Sep 06 2018
Scandal-hit USA blood-testing start-up Theranos is to formally dissolve, the firm's chief executive David Taylor has told shareholders in an email. Holmes said she was inspired to start the company in response to her fear of needles.
The indictment by the U.S. Attorney in San Francisco alleging wire fraud follows claims by the U.S. Securities and Exchange Commission that Theranos, Holmes and Balwani lied about its technology while raising more than $700 million to build the medical-testing startup.
Theranos Chief Executive Officer Elizabeth Holmes speaks on stage at the Glamour Women of the Year Awards where she receives an award, in the Manhattan borough of NY, U.S., November 9, 2015.
But Theranos' blood-testing machines weren't reliable, and the company itself relied on other companies' devices to run blood tests.
Facebook, Twitter defend efforts to stop election meddling
Instead, a spokesperson for the committee said they may just leave a chair empty next to Sandberg and Dorsey. The other executive is chief legal officer and senior vice president of global affairs Kent Walker.
Manafort associate charged over illegal lobbying for Ukraine's pro-Russian politicians
District Court for the District of Columbia where he entered a guilty plea to one count of failing to register as a foreign agent. He also helped a foreign individual draft op-ed columns intended for the US news media, authorities say.
Ryan Giggs: 'Jose Mourinho is the right man for Manchester United'
A reportedly strained relationship with his manager has seen plenty of speculation suggesting Martial's future may lie away from United.
Taylor's email to shareholders was also reported by the Financial Times.
The Fortress Investment Group loaned $65 million to Theranos a year ago, with one condition being that Theranos maintain a cash level that has now been breached-hence the dissolution process that will play out over the coming months.
"Holmes and Balwani knew that many of their representations about the analyzer were false", the Justice Department said when the charges were announced in June.
Holmes and Balwani are accused of faking demonstrations of the technology, lying to investors about the anticipated returns, lying to the media, lying about the deployment of the technology on the battlefield, using third-party equipment to conduct tests while claiming to use Theranos's own gear, and misrepresenting the progress of a partnership with Walgreens (wba).
In March, Ms Holmes settled charges with the Securities and Exchange Commission, a top United States financial regulator. Holmes settled with the SEC by agreeing to pay $500,000 in fines and penalties, while Balwani is fighting the charges.
Sep 05 2018
Colton Underwood Breaks Up with Tia Booth on 'Bachelor in Paradise'
Nick in the Morning readers were teased last week about how Colton Underwood might be the new star of ABC's "The Bachelor ". The 26-year-old was then eliminated from the show, clearly heartbroken by not being able to continue things with Becca.
Sep 04 2018
Chinese billionaire arrested in Minneapolis for alleged sexual misconduct
In 2015, a model said she was sexually assaulted by a man after they had partied at Liu's Australian penthouse. Liu Qiangdong, also known as Richard Liu , was visiting Minneapolis when police arrested him.
Sep 02 2018
Guardiola 'happy' with Sane attitude despite dropping him from Man City squad
First he saves from Fernandinho, then he gathers himself to block Silva's rebound before making denying the Spaniard once more. Newcastle hung in there, however, and equalised on the half-hour mark with a well-worked goal .
Aug 31 2018
Apple iPhone X 2018 series: Invite confirms September 12 launch
The company's website lists "iPhone XS Plus" and "iPhone XS" as options in their drop-down menu under iPhone cases for sale. Looking at the new watch face, we can see the UI spill to the sides, nearly up to the bezels of the watch.
Aug 31 2018
South Florida pastors denounce DeSantis for his 'monkey this up' remark
In the Hill.TV interview , Rodgers also emphasized that Fox News quickly distanced itself from DeSantis after the comments. He entered the governor's race a month after Trump's December tweet that he would make "a GREAT governor".
Aug 31 2018
US Open: Rafael Nadal advances after David Ferrer retires
The item had more than 4 million views by Monday evening, when Williams beat Magda Linette 6-4, 6-0 in the first round of the U.S. USA hopes were buoyed by wins for 11th seed John Isner and 18th-ranked Jack Sock who won his first singles match since May.
Aug 30 2018
Yaya Toure passes medical at unnamed London club according to agent
Celtic fans are hopeful that Dmitri Seluk's tweet on Yaya Toure suggests that the midfielder could be heading to Parkhead. Toure then played 29 times for the Greek side in 2005/06 (scoring thrice) before moving onto Monaco the following season.
Aug 28 2018
'Not blood and soil': McCain's farewell message to Americans criticizes Trump
The White House issued no formal statement over the weekend about McCain's death, though one was drafted, according to USA media. Our hearts and prayers are with you!"-but it's the Instagram version of that sentiment that's getting all the attention".
Aug 26 2018
Islamabad denies Pompeo, Khan discussed terrorism in Pakistan
With respect to Afghanistan, both the leaders agreed that peace is a priority for the two countries. There are no mentions at all in the conversation about terrorists operating in Pakistan.
Aug 25 2018
Trump says he knew about payments 'later'
Cohen had fronted the cash, $130,000, to pay porn star Stormy Daniels for keeping quiet about a decade-old tryst with Trump. His work has also appeared in Salon, Raw Story, Truthdig, National Memo, Philadelphia Weekly, Democratic Underground, L.A.
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Aug 27 2018Trump Organization CFO Allen Weisselberg reportedly granted immunity
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Sep 02 2018McCain honored with words aimed at Trump
Sep 02 2018International Space Station crew fix leak in Russian craft
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Aug 30 2018Jose Mourinho left Man Utd's dressing room feeling 'uncomfortable' after Spurs loss
Aug 28 2018US, Mexico reach trade "understanding", Trump threatens to cut out Canada
Aug 27 2018Prolific playwright Neil Simon dead at 91
Aug 25 2018Air quality reaches hazardous levels in Spokane
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