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Theranos

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ThatStupidCat
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Re: Theranos

Sun Jul 17, 2016 8:34 am

just brew it! wrote:
Was gonna post that yesterday, and forgot. Thanks for backing me up! :lol:


:wink:
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just brew it!
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Re: Theranos

Tue Jul 19, 2016 2:36 pm

Bad Theranos test blamed for a heart attack: http://arstechnica.com/science/2016/07/ ... s-lawsuit/
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ludi
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Re: Theranos

Wed Jul 27, 2016 12:36 am

Something just occurred to me in light of the Yahoo news, and i went to Google Images to confirm it. Do you think there's some sort of archetype for female CEO washouts? Because this is a bit eery:

Image
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ThatStupidCat
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Re: Theranos

Mon Aug 01, 2016 8:56 pm

Watched bits of this earlier while it was live but had no real interest in it.
Elizabeth Holmes of Theranos speaks at science conference https://www.periscope.tv/w/1jMJgyPOBYlKL
Not sure if this will still be available after 24 hrs.
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just brew it!
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Re: Theranos

Tue Aug 02, 2016 3:45 am

I don't have time to watch the video now, but here are a couple of articles describing what went down:
http://www.theverge.com/2016/8/2/123487 ... on-scandal
http://www.vanityfair.com/news/2016/08/ ... ranos-data

Instead of presenting data on the existing Edison testing machine and underlying technology, Holmes used the conference to announce the launch a new product (which is still in the prototype stage). Oh, and we're supposed to believe that they're still the cool kids on the block, because now they're going to run tests "in the Cloud". :roll:

W...T...F?!?? :o

If there was any doubt before that the emperor has no clothes, this should put those doubts to rest. Previously, I'd leaned towards believing that she was sincere, but was delusional and had bought into her own RDF. Now I'm starting to come around to the opinion that she's nothing more than a con artist.

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just brew it!
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Re: Theranos

Tue Aug 02, 2016 7:23 am

Wired weighs in: http://www.wired.com/2016/08/theranos-c ... ied-pivot/
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The Egg
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Re: Theranos

Tue Aug 02, 2016 8:29 am

just brew it! wrote:
Previously, I'd leaned towards believing that she was sincere, but was delusional and had bought into her own RDF. Now I'm starting to come around to the opinion that she's nothing more than a con artist.
"Problems? What problems? Look over here, we're working on a new shiny thing!"

I'm sure she's still perfectly delusional, but being coached on every aspect of how to act/respond by a team of advisors. With the amount of money involved (not just her own, but also from investors), she has no choice but to ride it out to the end, and do her best to salvage what's left along the way. That's going to have her looking both crazy and shady.
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tanker27
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Re: Theranos

Tue Aug 02, 2016 12:32 pm

I watched the whole thing, while latter parts were over my head the portion about the device itself left more questions than answers. I think this presentation was too little too late. /shrug

Also she sounded very different from when she was on 60 Minutes...her voice was......deeper. Maybe it was the youtube vid I watched. /shrug.
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just brew it!
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Re: Theranos

Tue Aug 02, 2016 1:53 pm

tanker27 wrote:
I watched the whole thing, while latter parts were over my head the portion about the device itself left more questions than answers. I think this presentation was too little too late. /shrug

Too little, too late, and NOT EVEN RELEVANT. It's for a different device than the one at the center of the controversy. She's basically asking for a "do over".
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tanker27
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Re: Theranos

Tue Aug 02, 2016 2:19 pm

DOH....I did not even notice. Wow I will re-watch it.

Is it a do-over machine or is it an all new machine?
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just brew it!
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Re: Theranos

Tue Aug 02, 2016 2:35 pm

tanker27 wrote:
DOH....I did not even notice. Wow I will re-watch it.

Is it a do-over machine or is it an all new machine?

New machine. Read the links I posted.
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just brew it!
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Re: Theranos

Wed Aug 31, 2016 1:19 pm

...and their already questionable turnaround strategy hits a self-inflicted speed bump: http://www.wsj.com/articles/theranos-ha ... 1472598332

Application for fast-track approval of their new machine for Zika testing has been withdrawn, after the FDA discovers that they haven't observed proper testing protocols.
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Redocbew
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Re: Theranos

Wed Aug 31, 2016 1:21 pm

One has to wonder if they'd be interested in Zika at all had the Olympic games not been in Rio this year.
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ludi
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Re: Theranos

Thu Sep 08, 2016 4:16 pm

New Vanity Fair article on what was going on behind the closed doors.  Also, brief comments from Derek Lowe:

How Elizabeth Holme's House of Cards Came Tumbling Down (VF)
"Inside Theranos: Yikes" (In the Pipeline - Derek Lowe)

[Fixed the first link for you -JBI]
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DrDominodog51
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Re: Theranos

Thu Sep 08, 2016 10:34 pm

ludi wrote:
New Vanity Fair article on what was going on behind the closed doors.  Also, brief comments from Derek Lowe:

How Elizabeth Holme's House of Cards Came Tumbling Down (VF)
"Inside Theranos: Yikes" (In the Pipeline - Derek Lowe)

[Fixed the first link for you -JBI]

I lost the little respect I had for Vanity Fair after reading that article.
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ludi
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Re: Theranos

Fri Sep 09, 2016 12:38 am

DrDominodog51 wrote:
I lost the little respect I had for Vanity Fair after reading that article.

To which part(s) are you objecting?  I note (now that I've had time to read it in detail) that there was a few expletives in the form of a direct quote, but otherwise, much of the factual info in this Theranos article jives with reports from other sources, and the author quotes/names people extensively.
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DrDominodog51
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Re: Theranos

Fri Sep 09, 2016 1:30 am

ludi wrote:
DrDominodog51 wrote:
I lost the little respect I had for Vanity Fair after reading that article.

To which part(s) are you objecting?  I note (now that I've had time to read it in detail) that there was a few expletives in the form of a direct quote, but otherwise, much of the factual info in this Theranos article jives with reports from other sources, and the author quotes/names people extensively.

There are a few completely unnecessary remarks that push a particular agenda in the article. IMO the article itself would be decent if they didn't include those.
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just brew it!
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Re: Theranos

Fri Sep 09, 2016 1:56 am

Given the other evidence that has been reported so far, I don't see anything egregiously untruthful in it. The same can't be said for Theranos' own PR.

Yeah, I suppose it's a bit of a hatchet job. But in this case it seems to be a justifiable one.
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ludi
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Re: Theranos

Fri Sep 09, 2016 2:04 am

DrDominodog51 wrote:
DrDominodog51:
There are a few completely unnecessary remarks that push a particular agenda in the article. IMO the article itself would be decent if they didn't include those.

Well, it is a "feature/human interest" format piece, not pure news reporting.  In that format the author is usually permitted (even expected) to take a point of view provided s/he doesn't blatantly editorialize.  (And even actual editorials still have to be factual and non-libelous.)
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just brew it!
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Re: Theranos

Thu Oct 06, 2016 4:43 am

Epilogue:
http://arstechnica.com/science/2016/10/ ... o-devices/
http://www.wsj.com/articles/theranos-re ... 1475713848
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just brew it!
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Re: Theranos

Tue Oct 11, 2016 10:58 pm

...and aftermath:
http://arstechnica.com/science/2016/10/ ... -investor/
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just brew it!
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Re: Theranos

Tue Nov 08, 2016 6:43 pm

That thumping sound you hear is the final nail being driven into the coffin, in the form of a $140 million breach of contract lawsuit filed by Walgreens: http://www.theverge.com/2016/11/8/13568 ... n-delaware
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just brew it!
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Re: Theranos

Wed Nov 23, 2016 5:16 pm

More Theranos fallout: http://arstechnica.com/science/2016/11/ ... -and-fall/

Multiple lives wrecked by Ms. Holmes and her arrogance. I'm starting to think that she's a truly evil person.
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just brew it!
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Re: Theranos

Wed Dec 07, 2016 2:47 pm

...and most of the board resigns, except for (interestingly enough) James Mattis, our likely future Secretary of Defense.

In yet another epic fail, in announcing the news Theranos forgets to use BCC and outs all of their investors by revealing their e-mail addresses.

http://arstechnica.com/science/2016/12/ ... investors/
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Redocbew
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Re: Theranos

Wed Dec 07, 2016 3:02 pm

I guess they've never heard of distribution lists either.  Wow...  :roll:
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just brew it!
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Re: Theranos

Mon Jan 09, 2017 8:24 am

tanker27's update on the VW emissions scandal reminded me that I hadn't mentioned the latest update on the other corporate scandal we've been following. Theranos just fired nearly half of their staff.

http://arstechnica.com/business/2017/01 ... hings-out/

Theranos wrote:
These are always the most difficult decisions; however, this move allows Theranos to marshal its resources most efficiently and effectively.

The restructuring follows a period of significant change at the company that has included the building out of its executive team with substantial additional regulatory, compliance and operational expertise.

Not sure what the point of doing that was at this point; it has become pretty clear that they don't have a viable product (and if they're shedding staff the odds of them developing one in the future are likely fading); so what good does having regulatory, compliance, and operational expertise on their executive team do them?

The slow-motion implosion continues.
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just brew it!
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Re: Theranos

Thu Mar 23, 2017 9:15 pm

The zombie corpse of Theranos shambles along: https://arstechnica.com/science/2017/03 ... -for-free/

"I'll give up my controlling interest in my possibly worthless company if you promise not to sue me!"
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Captain Ned
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Re: Theranos

Thu Mar 23, 2017 9:21 pm

just brew it! wrote:
"I'll give up my controlling interest in my possibly worthless company if you promise not to sue me!"

Reminds me of some spicy words Dudley Moore uttered in the opening restaurant scene of "Arthur".
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just brew it!
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Re: Theranos

Tue Apr 18, 2017 4:14 pm

Theranos issues more than $4 million in refunds to avoid a trial on deceptive advertising charges: https://arstechnica.com/science/2017/04 ... -theranos/
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derFunkenstein
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Re: Theranos

Wed Apr 19, 2017 9:02 am

Talk about getting off easy. :roll:
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