Even Rupert Murdoch, famed and mega-wealthy media baron, may be feeling the pinch of this failed investment. News came earlier this week that Murdoch, News Corp. chairman, is likely to lose as much as $100 million having invested in Theranos, the blood testing company that...
April 25, 2017
Amid the shoes falling for Theranos, might the latest news be a boot? The Wall Street Journal reported last week that one of the company’s investors filed suit, alleging that the company misled directors about its testing procedures, deceived investors about financial outlooks and also set up “shell” operations in order to secretly buy laboratory equipment. The […]
December 02, 2016
Even Rupert Murdoch, famed and mega-wealthy media baron, may be feeling the pinch of this failed investment. News came earlier this week that Murdoch, News Corp. chairman, is likely to...
