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POLITICS

Theranos is shutting its doors for good

September 5, 2018

Safi Bello

Engadget --------- Theranos has been hanging by a thread ever since an explosive report came out a couple of years ago detailing the erratic quality of its blood test results. Now, the embattled company has finally waved the white flag. According to The Wall Street Journal, the publication that brought the company's dubious practices to light, Theranos is formally dissolving. The blood-testing firm's acting chief and general counsel David Taylor sent an email to shareholders explaining that it has no choice but to shut its doors due to its deal with the Fortress Investment Group. To learn more click on the picture below to read the article.