Despite all of the hype around Theranos, the company's technology, including The Edison, simply didn't work. In October 2015, The Wall Street Journal journalist John Carreyrou reported that Th...
In June, Walgreens announced that all Theranos Wellness Centers in its stores would cease operations and that their partnership with the startup was over. The FDA banned Theranos from using their trad...
(She and her husband, Billy Evans, welcomed their first child, son William, in July 2021.) Her trial began in late 2021, during which she alleged that Balwani was abusive, manipulative and controlling...
Balwani's attorneys vowed to appeal his conviction. In December 2022, Balwani was sentenced to 12 years and 11 months in federal prison. In April 2023, Balwani began serving his term at FCI Terminal I...