One way Theranos is hoping to stay afloat is by offering double the shares — including some of founder Elizabeth Holmes’ own shares — to investors if they promise not to sue. Theranos is knee-deep in an avalanche of lawsuits from investors and consumers of its blood-testing products after it …
Read More »Elizabeth Ohene: Ghana’s election parables
Image copyright AFP Image caption Supporters for both Ghana’s main parties love dressing up for rallies In our series of letters from African journalists, Ghanaian writer Elizabeth Ohene, a member of the main opposition NPP, explains the hidden meanings of election parables. We are in the midst of an election …
Read More »Elizabeth Holmes quietly stepped down from Obama’s business ambassador program
Elizabeth Holmes, the founder and CEO of beset blood analysis startup Theranos, is no longer mentioned on the Presidential Ambassadors for Global Entrepreneurship (PAGE) website. Holmes announced she had joined the Obama administration’s entrepreneurial PAGE program, which notably includes AOL CEO Steve Case, Airbnb founder Brian Chesky and Stripe’s Patrick Collison, in March …
Read More »