this post was submitted on 28 Mar 2025
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] deranger@sh.itjust.works 33 points 4 days ago (3 children)

The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.

[–] cubism_pitta@lemmy.world 32 points 4 days ago (1 children)

Elizabeth Holmes only got in trouble for lying to people who should've done their "due diligence"

The patients / families of the patients that Theranos lied to and mislead never got justice.

[–] Ledericas@lemm.ee 4 points 3 days ago* (last edited 3 days ago)

i read an article when the theranos sht has been going down, around 2016, look how long it took to charge her. a patient hormone level was higher than normal indicating some form of malignancy, she took chemo only to find out she dint have any. and another indicating her bizarre behaviours too.

[–] metaldream@sopuli.xyz 7 points 4 days ago

Tech execs have absolutely massive egos.

[–] Ledericas@lemm.ee 2 points 3 days ago (1 children)

her pitch was single droplet of blood to diagnosis diseases.

[–] deranger@sh.itjust.works 1 points 3 days ago

I’m aware. I’m also a medical lab scientist and the entire thing screamed bullshit from the start, not necessarily due to the feasibility of testing on small volumes, but things like calibration and quality control.