Once-heralded blood-testing startup Theranos is closing – report
by Associated Press in New York from Technology | The Guardian on (#3Y67N)
Theranos was unable to find a buyer and aims to pay unsecured creditors its remaining cash of $5m, Wall Street Journal reports
The once-heralded blood-testing startup Theranos is shutting down, according to a media report.
Theranos was unable to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5m in the coming months, according to an email the Wall Street Journal obtained that the CEO, David Taylor, sent to shareholders.
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