U.S. health inspectors have found serious deficiencies at Theranos Inc.’s laboratory in Northern California, according to people familiar with the matter. The problems were found during an inspection by the Centers for Medicare and Medicaid Services, the chief federal regulator of clinical labs, at the blood-testing company’s facility in Newark, Calif.
In general, it has been a very hard time for all top execs there, as Twitter has struggled to regain its growth among users and momentum with investors. Along with that, the company’s stock has plummeted recently to well below its offering price.
Food is a multi-trillion-dollar global industry going through the earliest phases of a seismic shift around consumption patterns and supply-chain dynamics — all problems that lend themselves to technology-driven solutions.
One of the best of the group was Arnie Chavkin and he taught me something that I come back to often. Arnie told me “get the strategy right and the execution is easy.”
The tech boom has diffused beyond the traditional hotbeds in California, New York, and Massachusetts, across the the entire United States. Other states are home to well-funded and well-known startups, including Jet (New Jersey), LivingSocial (DC), and sports e-commerce company Fanatics (Florida).