Last year, the prize for putting the thumb on the scale went to Volkswagen, which cheated on emissions tests on millions of its diesel vehicles. It was difficult to fathom what could be worse, until Theranos, a bloodtesting company, was found to have been doing something similar to the human body. Basically, there was substantial evidence to doubt the accuracy of the company’s Edison blood testing machine, as reported by John Carreyrou of The Wall Street Journal. It’s been a trip since:
In March, a government report came out that found the company’s work lacking.
In April, we learned that federal prosecutors had “launched a criminal investigation into whether Theranos Inc. misled investors about the state of its technology and operations.”
In May, Theranos had told “federal health regulators that the company voided two years of results from its Edison blood-testing devices.”
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