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It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...

2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...

After working at Theranos Inc. for eight months, Tyler Shultz decided he had seen enough. On April 11, 2014, he emailed company founder Elizabeth Holmes to complain that Theranos had doctored research and ignored failed quality-control checks. The reply was withering. Ms. Holmes forwarded the email to Theranos President Sunny Balwani, who belittled Mr. Shultz’s grasp of basic mathematics and his knowledge of laboratory science, and then took a swipe at his relationship with George Shultz, the former secretary of state and a Theranos director. “The only reason I have taken so much time away from work to address this...

Embattled Theranos CEO Elizabeth Holmes is a victim who has been "totally attacked," venture capitalist Tim Draper told CNBC on Tuesday. Holmes has been under fire since a series of reports by The Wall Street Journal suggested the blood-testing start-up's testing devices were flawed. "Elizabeth Holmes is a great example of maybe why the women are so frustrated. She is a woman entrepreneur who built a fabulous company, did great things for consumers and she got attacked," the founding partner of Draper Associates and Draper Fisher Jurvetson said in an interview with "Closing Bell." "This is a great entrepreneur who...

Theranos Inc. allegedly voided 11.3% of all blood-test reports that the Silicon Valley laboratory firm provided to customers of Walgreens stores through a yearslong partnership between the two companies, according to legal papers the drugstore chain filed Tuesday. Theranos, whose main lab failed an inspection by U.S. regulators earlier this year, told Walgreens in June that it subsequently voided 31,000 test reports provided to the chain’s customers, Walgreens said in the public version of a sealed lawsuit.

SAN FRANCISCO – Walgreens has filed a $140 million breach of contract suit against Theranos Inc., compounding the woes of the Silicon Valley-based medical device startup. The suit was filed under seal in Delaware federal court on Tuesday. It's not clear what exactly the Illinois-headquartered pharmacy chain is alleging, but the docket describes the case as a breach of contract suit with a demand of $140 million.

SAN FRANCISCO — Embattled biotech startup Theranos Inc. has promoted senior litigation counsel David Taylor to acting general counsel. Taylor's already got a full plate. "He's got a mess on his hands," said Hagens Berman Sobol Shapiro partner Robert Carey in Phoenix, one of many lawyers suing the blood diagnostics company for alleged consumer fraud. Carey's suit is one of six similar, separate suits consolidated in the Northern District of California. Aside from that litigation surplus, Theranos is being investigated for investor and consumer fraud by the U.S. Securities and Exchange Commission and the U.S. Department of Justice, respectively. The...

If Hillary wins after all the new revelations from the FBI, WikiLeaks, the documented Clinton Foundation corruption --- what will it mean for the country?

the Justice Department is planning a vast expansion of government hacking. Under a new set of rules, the FBI would have the authority to secretly use malware to hack into thousands or hundreds of thousands of computers that belong to innocent third parties and even crime victims. The unintended consequences could be staggering. The new plan to drastically expand the government’s hacking and surveillance authorities is known formally as amendments to Rule 41 of the Federal Rules of Criminal Procedure, and the proposal would allow the government to hack a million computers or more with a single warrant. If Congress...

A political action committee is looking to figure out whether it can safely use the Internet to support national political candidates, or whether the Federal Election Commission might seize the opportunity to impose the kind of regulations Democrats have been striving to attain. The request for an advisory opinion, filed on behalf of Citizen Super PAC, asks the FEC whether it would be permissible to email supporters of a candidate's campaign, or whether that would cross a line prohibiting coordination with candidates.

The U.S. Department of Agriculture is holding summits to promote the role of lesbian farmers as a part of its “Rural Pride” campaign. The agency is working with singer and LGBT activist Cyndi Lauper for a “day of conversation” about the struggles of gay and transgender individuals in rural America. The agency says its wants to change the perception of what it means to be a farmer in America away from the “white, rich male.” The latest summit, first reported by the College Fix, will be held on August 18 at Drake University in Iowa. “The Office of the Assistant...

The federal government has imposed a new major regulation every three days since President Barack Obama took office, as the administration has shattered the record for implementing regulations costing the economy $100 million or more. The Obama administration has now issued 600 major regulations, the center-right policy institute the American Action Forum noted in a recent report. “One year ago, the American Action Forum (AAF) celebrated a regulatory milestone, of sorts: 500 major regulations,” wrote Sam Batkins, director of regulatory policy. “A major regulation has an economic impact of $100 million or more and can significantly affect prices for consumers.”...

Keep an eye on this one.https://www.youtube.com/watch?v=AdYAcsj5Lw0    

<p>We at The Fix are not legal experts -- many of us went into journalism precisely because we did not want to go to law school -- so we would never presume to offer a lawmaker under indictment our thoughts on their legal strategy. But we do get paid to report on politics, so we do feel somewhat qualified to analyze the political strategy a lawmaker might embrace under those circumstances.</p>

( Video at link) He (Obama) didn't cause this, but you know what, he fuels this sort of misplaced anger" says Sheriff David Clarke in the aftermath of the police being targeted by deadly sniper attacks in Dallas, TX SHERIFF DAVID CLARKE: What can you say? This is horrible. Beyond belief for the American law enforcement community. I want to know -- have we heard from the cop-hater in chief yet about this? Have we heard from Mrs. Bill Clinton who threw up the hashtag #BlackLivesMatter yesterday? The extraordinary situation, the two situations in Louisiana and Minnesota, horrible no doubt,...

The FDA is stockpiling military weapons — and it’s not alone AMERICA’S GUN CULTURE has been a subject of intense interest and controversy for years, with concerns frequently raised about shadowy militias, paramilitary extremists, and unstable zealots in possession of alarming quantities of explosives and firearms. Amid the current din over assault weapons and body armor, consider one domestic organization’s fearsome arsenal of military-style equipment. In the space of eight years, the group amassed a stockpile of pistols, shotguns, and semiautomatic rifles, along with ample supplies of ammunition, liquid explosives, gun scopes, and suppressors. In its cache as well are...

The Obama administration on Thursday asked a federal court to delay until October 2018 the release of 14,000 pages of emails from aides to former Secretary of State Hillary Clinton. In a court filing on Wednesday, administration lawyers said the State Department miscalculated the amount of material it would need to process the documents as part of a lawsuit with the conservative organization Citizens United. As a result, the government asked for a 27-month delay to release the emails, which were originally due out on July 21. “State deeply regrets these errors, and is working diligently to correct them as...

ccording to CNN, Federal investigators are trying to find out more specifically what Omar Mateen's wife, Noor Salman (profiled here), knew about the planned attack at the Pulse Nightclub in Orlando. The intent is to bring evidence before a federal grand jury to determine whether or not charges will be brought against Salman. As US Attorney General Loretta Lynch said today, federal authorities are going back and looking at all of the contact with Omar Mateen, as well as those around him in order find out if there is anything that was missed.However there is one rather large problem with...

ORLANDO, Fla. — The Obama administration denied millions of dollars in federal funding following the Pulse terror attack. Gov. Rick Scott requested an emergency declaration for $5 million to help response efforts and victims. Federal officials said the state application for emergency declaration did not demonstrate how emergency response is beyond the capability of state and local government.

One year after resigning in disgrace, Aaron Schock — the high-flying GOP congressman whose penchant for drawing publicity to himself was nearly unrivaled in the House of Representatives — has largely disappeared from view. But federal prosecutors still have their sights on him. There have been a few random glimpses of the Illinois Republican since his abrupt departure from Capitol Hill: having dinner with his father in Peru last summer, and snowboarding with a friend in Aspen, Colorado, in February. Just this month, Schock was seen lugging his gym bag outside the Longworth House Office Building. Sources say he is...