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Days Before Christmas, Theranos Secures $100 Million in New Funding (fortune.com)

An anonymous reader quotes Fortune: Call it a Christmas miracle -- albeit of a rather perverse sort. Theranos, the digraced medical-technology startup that infamously inflated the capabilities of its devices, has secured $100 million in new funding in the form of a loan. The loan, reported by the Wall Street Journal, will come from Fortress Investment Group. Fortress, whose other underdog bets include a private passenger rail line under construction in Florida, is set to be acquired by Japan's SoftBank. Theranos was reportedly on the verge of bankrutpcy...

By the end of 2016, the company reportedly still had $200 million in cash on hand, but had sharply limited prospects for attracting more capital. It has since settled a major lawsuit with Walgreens, a former client, for an undisclosed but likely substantial sum. According to the Journal, the Fortress loan is expected to keep Theranos solvent through 2018. That will give the company more time for its ongoing effort to reboot as a medical device manufacturer, rather than a testing service.

The loan is conditional on "achieving certain product and operational milestones," notes Fortune, adding "It's unclear whether those might include positive outcomes for the multiple investigations and lawsuits still facing the company."

96 comments

  1. What is todayâ(TM)s date? by TuballoyThunder · · Score: 1

    Is it April 1st? I guess if homeopathic quackery can be sold, anything is possible.

    1. Re:What is todayâ(TM)s date? by Mikkeles · · Score: 1

      Why do they need funding? I've always found Thermos bottles to be of goo quality!

      --
      Great minds think alike; fools seldom differ.
  2. Bubble by rfengr · · Score: 1

    I’d say the bubble is about to pop with such reckless investing.

    1. Re: Bubble by Anonymous Coward · · Score: 0

      But but but WOMEN IN TECH!

  3. Have you heard their CEO talk? by Anonymous Coward · · Score: 0

    Sheâ(TM)s a man, baby!

    1. Re:Have you heard their CEO talk? by Anonymous Coward · · Score: 0

      If she was a man, the company would have been successful the first time.

    2. Re: Have you heard their CEO talk? by Anonymous Coward · · Score: 0

      You're a male chauvinist pig.

    3. Re: Have you heard their CEO talk? by Anonymous Coward · · Score: 0

      A badge of honour these days.

  4. Deep learning and block chain by rfengr · · Score: 4, Funny

    They just need to use some deep learning with they blood tests, then maybe toss in some block chain authentication. Bam! Instant money.

    1. Re: Deep learning and block chain by rfengr · · Score: 1

      You need sarcasm 101.

    2. Re: Deep learning and block chain by Anonymous Coward · · Score: 0

      You missed AI.

    3. Re: Deep learning and block chain by RightwingNutjob · · Score: 1

      And universal basic income. And solar panels. And the juice loosener.

    4. Re:Deep learning and block chain by Anonymous Coward · · Score: 0

      "with they blood tests"

      You could use some learning yourself with that crammar.

  5. schadenfreude by supernova87a · · Score: 3, Interesting

    I will just state again here --

    The reason so many people find the downfall and disgrace of this company so satisfying is that it symbolizes the just retribution of the market / facts against a company that:
    - was based on hype and deception
    - punished its employees for speaking the truth
    - had access to capital and investment that others with more legitimate products didn't, only on account of its founder's connections
    - was so tied to the idea of an idealistic successful woman CEO that they were willing to take shortcuts and sell that more as the product instead

    And here is another investor throwing $100m after the bad, hoping to pick something from the scraps. If there's a quicker way to lose $100m, I would be surprised.

    1. Re: schadenfreude by Anonymous Coward · · Score: 0

      Theranos, a name and a CEO you can trust!

    2. Re:schadenfreude by PopeRatzo · · Score: 0

      - was so tied to the idea of an idealistic successful woman CEO that they were willing to take shortcuts and sell that more as the product instead

      No one would ever say that Juicero failed this year because they had a male CEO. Or that Equifax shat all over consumers because they had a male CEO.

      Theranos' failure, as you say, was based on hype and deception. It was not because the CEO lacked a penis.

      --
      You are welcome on my lawn.
    3. Re:schadenfreude by mspohr · · Score: 4, Insightful

      The fact that the CEO was female was part of their hype. They did this.
      The fact that they failed was because they had a fundamentally flawed product that they were never able to fix and they engaged in widespread fraud and deception to avoid facing up to their problems. This has no relation to the sex of their CEO. It's common in industry.

      --
      I don't read your sig. Why are you reading mine?
    4. Re:schadenfreude by Anonymous Coward · · Score: 0

      At this point I have zero sympathy for any investor. The companies history are well known, their lies exposed repeatedly, if anything I hope they lose every penny as you should not be rewarding scammers in this way and it seems losing everything is the only way to learn.

    5. Re:schadenfreude by Anonymous Coward · · Score: 0

      The fact she was female had nothing to do with the failure, but EVERYTHING to do with the hype the company was able to generate and leverage for her being a female. She leveraged that to gain media attention and investment.

    6. Re:schadenfreude by Ol+Olsoc · · Score: 1

      The fact that the CEO was female was part of their hype. They did this. The fact that they failed was because they had a fundamentally flawed product that they were never able to fix and they engaged in widespread fraud and deception to avoid facing up to their problems. This has no relation to the sex of their CEO. It's common in industry.

      That's where these companies get into trouble. It is obvious that gender isn't specifically related to success or failure. Happens all the time to male or female CEOs.

      But the selfsame people who shout from the rooftops that the company is wisely being run by a woman, and make certain everyone knows that this woman is a symbol of casting off the shackles of the Patriarchy and shattering the glass ceiling ( Fiorina first deinied there was one, then backpedaled) - and now the place for a woman is on top......

      They manage to forget all of that if she fails. Remember when Carly Fiorina took over HP? Man, those were good times. Some folks even defend her ineptitude. A chicago Tribune article by Megan McCardle weirdly noted "Critiques of Fiorina's tenure seem excessively focused on the outcome."

      Go figure. Marissa Mayer, who caused many to swoon in happiness when she made her entrance as the leader of Yahoo, while rather pregnant, proving that a woman can truly have it all, then proved nothing of the sort. also comes to mind.

      The problem is, we simply cannot have it both ways, and be taken seriously. If people like Mayer, Fiorina, and Holmes are touted as the harbingers of a brave and successful new world of Women CEO's when they take the helm, it is pretty disingenuous to claim that gender no longer matters to some people when they fail.

      Before the usual suspects get all upset, they shouldn't brag about a female CEO until she provides a track record, not just because she showed up to work one day. Who am I kidding, the narrative is as unshakeable as a trickle down theorist's failed concepts. They hate it when I compare them to right wing zealots too. Good.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
  6. Merry Christmas to all atheists! by Anonymous Coward · · Score: 0

    Merry Christmas to all atheists! I'll pray for you!

  7. Proving once again by Anonymous Coward · · Score: 0

    That some people with money are unfathomably stupid, irretrievably ignorant and callous/selfish, or a heaping helping of the whole shebang. Pathetic. Thank you, parents of millennials for the havoc you have wrought, you suck (and they are my peers, which makes them suck twice as hard).

  8. "Loan conditional on achieving milestones" by JoeyRox · · Score: 2

    Elizabeth Holmes isn't worried about Theranos achieving the "product and operational milestones" condition for the loan - she's an expert at faking those.

  9. Is it technically possible? by RogueWarrior65 · · Score: 1

    Putting the bullsh*t-artist CEO issue aside, is what they were trying to accomplish technically possible? Is existing medical testing simply bogged down by non-technical reasons e.g. insane bureaucracy, paperwork tsunamis, etc? I know for a fact that hospitals have a 4-to-1 ratio of non-medical staff to actual doctor/nurse medical staff which is a significant factor in the exponential rise in costs. So how bad is it in the testing realm?

    1. Re: Is it technically possible? by mspohr · · Score: 4, Interesting

      There is a fundamental problem with their basic technology in that finger tip blood is not the same as venous blood in many different ways and you can't compensate for that.

      --
      I don't read your sig. Why are you reading mine?
    2. Re:Is it technically possible? by PopeRatzo · · Score: 2

      Is existing medical testing simply bogged down by non-technical reasons e.g. insane bureaucracy, paperwork tsunamis, etc?

      It doesn't appear so. Quest Diagnostics, for example, seems to have a pretty well-automated, paper-free environment, and definitely more clinical workers than bureaucrats.

      --
      You are welcome on my lawn.
    3. Re: Is it technically possible? by Anonymous Coward · · Score: 0

      Thanks for not mentioning any of those 'several different ways', or even to provide links justifying that.

    4. Re: Is it technically possible? by Anonymous Coward · · Score: 0

      Spotted the Theranos employee.

    5. Re: Is it technically possible? by Anonymous Coward · · Score: 0

      Thanks for not mentioning any of those 'several different ways', or even to provide links justifying that.

      If you don't understand enough about a topic then it is up to you to learn, and then argue why what your think that what was stated is wrong.

      So tell us, or shut the fuck up.

    6. Re: Is it technically possible? by Anonymous Coward · · Score: 0

      I didn't say anything was wrong; not enough information was given to give any disagreement upon. I am happy to learn. So point us in the right direction please.
      >If you don't understand enough about a topic then it is up to you to learn
      I'd say it is incumbent upon those stating facts that they justify them, including answering simple questions like 'I don't understand what you're saying - where do I start learning?'

    7. Re: Is it technically possible? by Anonymous Coward · · Score: 0

      Thanks for not mentioning any of those 'several different ways', or even to provide links justifying that.

      1, Volume is just too small
      2. Capillary bed is mixed venous and arterial
      3. Erratic in amount of tissue factor present
      4. more painful than needle stick in arm due to high nerve density in finger tips

      no links 'cause your phrasing was douchy

  10. The scam continues by quonset · · Score: 0

    Did Holmes offer to sleep with everyone at Fortress to get this money? Because that's the only way I can see this fraudster convincing them to pour money down the black hole of her scam.

    How many times must it be said, this is a scam. A fraud. A fake (to use the current parlance). This process had no chance of succeeding because there was no process. To this day she still has not let anyone review her supposed methods, nor has she submitted any paperwork to the FDA.

    Let it die the in the throes of a thousand lawsuits.

    1. Re:The scam continues by PolygamousRanchKid+ · · Score: 3, Insightful

      How many times must it be said, this is a scam.

      To misquote Marie Antoinette:

      "Let them eat scam!"

      Smoking certainly isn't healthy for you . . . but lots of folks do it anyway . . . because they like it. Casino gambling doesn't offer you good odds, but folks get addicted to that, as well.

      Folks buy into scams . . . for kinda sorta the same reason. They like the thrill of maybe buying into the next Facebook . . . even if all sane evidence says that it is a scam.

      So just let these folks toss their money away . . . as long as they don't harm anyone other than themselves.

      --
      Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
    2. Re:The scam continues by mspohr · · Score: 1

      No need to resort to misogynistic statements.
      This is "usual" corporate fraud and deception abetted by a "good old boys" network of clueless investors who weren't smart enough (or trusted their "bros" too much) to ask basic questions.

      --
      I don't read your sig. Why are you reading mine?
    3. Re:The scam continues by Beeftopia · · Score: 1

      Bullshitters might be attracted to bullshitters - they might be betting on Elizabeth Holmes. She was able to fleece so many people once before, making a lot of people a lot of money, they might be betting on her abilities again. I mean look back at the year 2000 stock bubble and the 2008 housing bubble. There were many pundits screaming buy! buy! buy! (Jim Cramer, Abby Joseph Cohen, and others) and they suffered no significant negative consequence.

      Of course, it's not hard to create an updraft in a stock ("Surely these big money types know something we don't! Get in before it's too late!") that is awash in liquidity injected by central banks around the world operating from the same playbook. There may even be a formula for it (in the context of a high liquidity market, $takeoff_velocity = $amount_injected/$market_cap).

    4. Re:The scam continues by Anonymous Coward · · Score: 0

      I'd have no problem with it if it was just investors losing money.

      What I do worry about is one of my friends or relatives using of their tests or products and gets an erroneous result, either a false positive leading to thousands of dollars of expenses or worse, a false negative leading to delayed treatment.

      I'm also concerned that an obviously scam-tastic company with a high-profile female CEO poisons the well for all the capable and conscientious women in STEM fields who would have loved to get the funding that this charlatan did to develop their actually worthwhile ideas.

    5. Re: The scam continues by Anonymous Coward · · Score: 0

      Yes there is the need, the women CEO is why any investment was ever made in the first place, and that's who's the company was self promoting. The networks you talking about are Clintonite web and it was all about women "showing them ."

  11. Re: What is today's date? by Anonymous Coward · · Score: 0

    Agreed, at least she isn't a NEGRO WOMAN! That would be doubleplusbad!
     
    Just helping you out, Soros-paid race baiting troll, as you left one out!

  12. Lisbeth belongs in prison by WCMI92 · · Score: 0

    Sheâ(TM)s far more likely to see a cell than Hillary. But she is a complete fraud.

    --
    Corporatism != Free Market
  13. I'm sorry - why? by mhkohne · · Score: 1

    Why would you invest in these bozos? If you wanted the tech, why wouldn't you just wait for the bankruptcy and buy it there (hiring the relevant tech people as they get laid off)? I mean, NO ONE is going to trust that company's name, especially the FDA. You'd have a lot easier time getting all relevant approvals if none of the old principles are attached to the enterprise.

    What am I missing? Does Fortress need a big tax write-off or something?

    --
    A thousand pounds of wood moving at 300 feet per minute. Don't get in the way.
    1. Re:I'm sorry - why? by Anonymous Coward · · Score: 0

      I have a guess why, as stated in the article. Another company is being bought up by Softbank.

      I am guessing the company is going to be bought out, anything useful removed, the CxOs be given golden parachutes, debts that the parent company has moved to the company, and the dried husk sold off, or just spun off and allowed to file bankruptcy by itself. This is a good way to write off a ton of debt while showing the main company is solvent.

      So, 100 million to get rid of a ton of bad debt, get some useful assets, and pay off a CEO? Very feasible. There is also the fact that Theranos is publicly traded, which means the day before the bankruptcy announcement, all players can short the stock and make out that way [1].

      [1]: In theory, it may run afoul of insider trading laws, but lets be real, insider trading is not enforced anymore, and is as toothless as Sarbanes-Oxley.

    2. Re:I'm sorry - why? by fyzikapan · · Score: 1

      What tech? The company is a scam.

    3. Re:I'm sorry - why? by Desler · · Score: 1

      Buy the patents. Who cares if the tech is real when you can patent troll for years beyond? It’s the gift that keeps on giving.

    4. Re:I'm sorry - why? by Actually,+I+do+RTFA · · Score: 1

      If Fortress is about to be acquired, there may be eliminating of redundant positions. Someone may be trying to reduce the value of the their investment portfolio where they escape under the notice of the seats everyone is fighting for.

      In other words, sometimes what's best for an executive is not best for the company. This is esp. true when mergers are happening.

      --
      Your ad here. Ask me how!
    5. Re:I'm sorry - why? by gweihir · · Score: 1

      Theranos has managed to stay alive despite being clearly criminal fraudsters on a large scale. There is a type of investor that is impressed by this, because they essentially operate the same way.

      --
      Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
  14. Re: What is today's date? by Anonymous Coward · · Score: 0

    Soros, Koch, etc...who cares. Wealthy people shouldn't have more of a say than anyone else.

  15. ANNOUNCING THE 2017 APK CHRISTMAS MARATHON! by Anonymous Coward · · Score: 0

    Get ready for a CHRISTMAS OF APK!

    The 2017 APK CHRISTMAS MARATHON will include posts in every Slashdot article on December 25* about topics such as the following:
    1) Bump stocks and why they must be banned
    2) Vatican conspiracies and meddling in American politics
    3) Moderation, why it is censorship, and why it must be abolished
    4) APK's hosts file engine
    5) Commentaries on the many Slashdot users who have destroyed themselves arguing with him
    6) Evidence that he is the second coming of Jesus Christ

    ... AND SO MUCH MORE!

    Be sure to check in on Slashdot tomorrow to see the 2017 Christmas marathon! It's far superior to BBC America's Doctor Who takeover!

    * Times are valid for UTC, but not necessarily for other time zones.

    Obviously it bothers you when other users parody you and imitate your posts. You posted 2-3 replies for every parody of you last time this happened. Nobody would do stuff like that if you didn't post stupid shit and harass people like you're doing here. If you don't want to be parodied, you should apologize and don't do this shit again. I doubt you will, because you know precisely why you've been parodied and yet you keep this shit up. However, if you post any more bullshit like this, the parody will happen. You're one stupid son of a bitch, so get this through your thick skull: nobody wants your bullshit posts like this. Go away.

  16. Your #6 = flattering but setting you straight by Anonymous Coward · · Score: 0

    See subject: I never said I was "the 2nd coming of Jesus Christ", nor a thing about Vatican or bumpstocks.

    I could NEVER ever live up to the standard that Christ himself set forth (but I do try).

    * HOWEVER - I don't THINK you realize 1 very important thing as you stalk & attempt to harass me by your UNIDENTIFIABLE anonymous "ne'er-do-well" posts: THE MORE YOU ATTACK ME THE MORE YOU SHOW I AM VERY EFFECTIVE @ ADVERSELY AFFECTING YOUR "HIDDEN AGENDAS" - especially via my APK Hosts File Engine 10++ 32/64-bit https://www.google.com/search?hl=en&source=hp&biw=&bih=&q=%22APK+Hosts+File+Engine%22+and+%22start64%22&btnG=Google+Search&gbv=1/

    APK

    P.S.=> In the spirit of Christmas? THANK YOU for making ME look GOOD via yourself slinking & skulking around stalking me + telling lies about me - makes me LAUGH though above all else (as you're simple to dismantle every single time you do so via facts & truth I use vs. your bs)... apk

    1. Re: Your #6 = flattering but setting you straight by Anonymous Coward · · Score: 0

      If it didn't bother you, then you wouldn't post the same copy and paste comment 2-3 times in reply to every one of the posts. Everyone knows that you hate it, yet it's justice for your horrible behavior.

  17. Re: What is today's date? by LynnwoodRooster · · Score: 2, Insightful

    I think it has less to do with her gender and more the fact the fraud she committed whilst frittering away hundreds of millions of dollars. And somehow she's still CEO, because "vagina".

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  18. Re: What is today's date? by Plus1Entropy · · Score: 1

    See, the thing is, there was nothing wrong with your comment until you claimed she is only still CEO because she is a woman. There are many, many heads of companies that have wasted vastly more money and fucked over many more people including crashing entire economies, and they never lose their jobs. Or if they do, they get giant golden parachute packages. And yet I doubt you ever said it was 'because "penis"'.

    So if you really want to keep gender out of the conversation, then do so. But you didn't. You've become an SJW.

    --
    Only crack the nuts that crack. You don't put the ones that don't crack in the sack.
  19. Well.. by fluffernutter · · Score: 1

    It just goes to show, the wealthy really do support their own.

    --
    Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
  20. Excessive hate? by iamacat · · Score: 0

    It's common for young companies to be overambicious and flaky only to mature later. Remember all the wild claims made by young Apple about its products? Of course, Apple was not in healthcare back then, but Theranos is also not doing open heart surgeries. Theranos technology could be valuable despite not being as accurate as existing bulky/expensive labs by reaching patients that could not or would not be served by mainstream medicine. Maybe they have learned their lessons and will do allright.

    1. Re:Excessive hate? by Desler · · Score: 1

      despite not being as accurate

      Interesting euphemism for test results that were often flat-out wrong and could have lead to numerous patients being given incorrect, unnecessary and potentially harmful treatments.

    2. Re:Excessive hate? by ColdWetDog · · Score: 1

      Theranos has had plenty of time to show up their 'tech'. While their idea is a good one (multiple medical tests on very small sample volumes) they have been unable to produce pretty much anything in close to a decade of research. There may be some IP worth pursuing in this mess, but that certainly isn't a given - at least from the publicly available information.

      If it's not completely hot air, it's pretty damn close. Remember, we have plenty of medical tests that can be run with a small sample volume - 100 microliters (0.1 ml). The issue is getting all two hundred tests done on a similarly sized sample.

      --
      Faster! Faster! Faster would be better!
  21. PT Barnum by Shogun37 · · Score: 1

    Isn't there a quote by Mr. Barnum to the effect of "It is immoral to allow a sucker to keep his money?" Guess there really IS one born every minute.

    1. Re:PT Barnum by Actually,+I+do+RTFA · · Score: 1

      Not by PT Barnum. It's probably no more his than "A sucker is born every minute."

      --
      Your ad here. Ask me how!
  22. There ain't no justice by Anonymous Coward · · Score: 1

    A shit company like Theranos, who lied to and fucked over countless people, maybe even contributing to the deaths of some because their product sucked ass, manages to get $100,000,000 from a bank. Meanwhile someone like me who works his ass off honestly, does a good job at what he does, and doesn't fuck over anyone, can't manage to scrape together $3000 for a goddamned race bike to support the one thing I do in my life that I actually give a shit about. Come on, Universe, how about a little fucking justice already!?

    1. Re: There ain't no justice by Anonymous Coward · · Score: 0

      The key word is "his", if only you had "hers" ass all the army of SJWs were behind you.

    2. Re:There ain't no justice by paiute · · Score: 1

      When I was a little boy, I used to pray every night for a new bicycle. Then I realised, the Lord, in his wisdom, doesn't work that way. So I just stole one and asked Him to forgive me. - Emo Philips

      --
      If Slashdot were chemistry it would look like this:Cadaverine
  23. Re: What is today's date? by Anonymous Coward · · Score: 0

    Any other CEO would have been driven out of her office by pissed of employees and investors. But she was the darling of the "New Women" crowd, so anyone that condemned her for her massive fraud and incompetence was called sexist.
    So, yeah, actually, there's plenty of evidence that she's still around only because she's female. Any male would have lost his job and probably gone to jail. She hasn't.

    Oh, and by the way - SJWs as "Social Justice Warriors" - people that "fight" for "social justice". If you think that comment is "social justice", you've got something seriously wrong with you. It was pretty much the opposite.

  24. Re: What is today's date? by Anonymous Coward · · Score: 0

    More like, an obvious fraud is still CEO.

  25. Re: What is today's date? by LynnwoodRooster · · Score: 4, Informative

    No, that's not what I said. It is about committing FRAUD, not just being inept. And yes, the two ARE different.Here's 10 CEOs who also committed fraud and all are in jail. Another CEO of a startup committed fraud and is going to jail. And here's another startup CEO going to jail because of fraud. Curiously, all those CEOs who committed fraud are going to jail. Why not Holmes? I'll tell you why: vagina. She is STILL the CEO because she is a woman, and kicking her out would be seen as sexist.

    Why else would a CEO of a company, who committed fraud, NOT go to jail or be charged? Can you tell me?

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  26. Incompetence. by jcr · · Score: 1

    The shareholders of whatever institutions are putting up this funding should be calling for the heads of the decision makers.

    -jcr

    --
    The only title of honor that a tyrant can grant is "Enemy of the State."
  27. Re: What is today's date? by c6gunner · · Score: 4, Interesting

    Ignoring for a minute the difference between incompetence and fraud, it's worth pointing out that a big selling point for this venture was the gender and youthfulness of the CEO. Nearly every article and interview I saw when the "technology" was first being revealed spent as much time fawning over how wonderful it was to have a young woman "researcher and CEO" as they did actually discussing her supposed invention.

    Had she been an old white dude, Theranos would never have gotten the publicity it did. It's fair to point out that her gender played a role in the continuing success of her scam.

  28. Another big step for all Wymmin by Anonymous Coward · · Score: 0

    I think the government should call for a mandatory subscription to keep theranos and other women led enterprises afloat. Just imagine if everyone pays a dollar from each salary, how many women CEOs can prosper.

  29. Obviously, fraud pays by gweihir · · Score: 1

    At least if you do in on a large enough scale. Small-time criminals doing much less damage would face a lengthy time behind bars. Of course, this speaks volumes of those that provided the money as well. Morality not required and actually a hindrance. That they (Theranos _and_ the investors) seem to get away with it is a pretty bad sign for the state of society as a while.

    --
    Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
  30. She's somebody's niece by rsilvergun · · Score: 1

    IIRC. But this is basically her family connections getting her something she doesn't deserve. Our aristocracy at work. Me? If I screwed up half as much as she did I'd be in prison. No joke, they lied about blood tests.

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
  31. Don't put words in my mouth I never said by Anonymous Coward · · Score: 0

    See subject: I love making you look like STRAIGHT-UP fools running you DRY of "downmodpoints" & seeing you fall all over yourselves as you EAT YOUR WORDS constantly (as you have now while @ the same time trying to put words in my mouth I never said) failing vs. myself constantly as I NULLIFY your single EFFETE 'weapon' - the unjustifiable downmod, lol!

    * I think you LOVE the feeling of SELF-defeat you experience vs me every single time actually!

    (LMAO)

    APK

    P.S.=> What is "horrible" is how EASY YOU MAKE IT FOR ME TO BLOW YOU AWAY - & you're making ME have to say it again you know (as per tradition) - it is JUST "too, Too, TOO EASY - just '2ez'" for me to win (but I can't take FULL credit - you defeat yourself)... apk

  32. APK smiles because he is a retard by Anonymous Coward · · Score: 0

    Your hosts file engine bullshit doesn't offer real security. I will explain why and you always fail to provide an actual retort but hey what can one expect from a retard like you.

    While it will block DNS lookups for known sites it does nothing to protect against unknown sites. Unlike say a no script plugin will actually will stop all scripts, known and unknown unlike your work. To make things worse the hosts file engine is about as effective as an antivirus scanner that does detection based solely on file names. To further make matters worse most people aren't focusing their effort on maintaining massive hosts file lists so the lists that are out there are out behind of where they need to be. With how easy it is to change domain names this shouldn't be considered protection in any sense. While it may stop some things it is really only stops attacks from people dumber than you so we are realistically talking attacks from people who will likely choke on their own tongues in the near future here.

    This is just but one of many points that could be made but hey you will fail to counter it.

  33. You WISH you were so 'horrible'... apk by Anonymous Coward · · Score: 0

    "I'm going to continue using the Host File Engine. Your software is well written, functional. The Host File Engine performs exactly as promised" - by mmell February 16, 2017

    "I've never tried to belittle (APK's work), I've flat out said it's good" - by BronsCon February 11, 2016

    "his hosts program is actually pretty good" - by xenotransplant August 10, 2015

    "his hosts tool is actually useful for those cases in which one does indeed want to locally block stuff outright while consuming minimum system resources" by alexgieg on Friday September 25, 2015

    "I like your host file system." - by Karmashock September 09, 2015 (#50489401)

    "I do use APK's host file on all my systems at home" by OrangeTide December 01, 2017

    "I personally use a HOSTS file blocker produced from a genius called APK" by 110010001000 October 27, 2017

    * Want more? Ask! (I've got 'em by the dozens - lol, you don't!)

    APK

    P.S.=> See subject: You wish you were me "the LORD of hosts" (so-to-speak)...apk

  34. Security pros blow you away #1/2 by Anonymous Coward · · Score: 0

    Oliver Day (SYMANTEC) http://www.securityfocus.com/columnists/491/ "Host file browsing the Web - is actually faster + Spybot Search & Destroy offer lists of known malicious servers to add a layer of defense against trojans & other forms of malware"

    Aryeh Goretsky/ESET/NOD32: hosts = good security http://it.slashdot.org/comments.pl?sid=7442373&cid=49747129/

    Steve Gibson endorses hosts https://www.grc.com/sn/sn-045.htm/

    "block known Bitcoin mining domains. One of the better options to do that is to add these to the hosts file" https://www.ghacks.net/2017/09/22/how-to-block-bitcoin-mining-in-your-browser/ GHacks

    "use this classic Windows hosts trick to block the Coinhive or Crypto-Loot domains at the OS level" - https://www.bleepingcomputer.com/news/security/a-new-player-joins-coinhive-on-the-browser-cryptojacking-scene/ - BLEEPING COMPUTER https://www.bleepingcomputer.com/tutorials/hosts-files-explained/

    Malwarebytes hosts my program.

    APK

    P.S.=> EAT YOUR WORDS

  35. Retard APK can't offer proof so instead... by Anonymous Coward · · Score: 0

    Retard APK can't offer proof that his software provides real security so instead he uses quotes he takes out of context, that have been retracted, or have been stated to have been incorrect. The funniest is that BronsCon's current signature explicitly is stating that APK has taken his statement out of context as have others through the years. Next he may offer up some "experts" who say hosts files provide security. Too bad these experts are from some wanna be Kim Komando show, or some AOL radio show from the 90s. Although he may go the route and point out that his stuff is endorsed by others like hpHosts but if one looks it is at the bottom of the page under miscellaneous software, below regular adblock. Hardly a ringing endorsement there.

    Now go beat off to Alex Jones and find out what new evil plots Soros is hatching you fucking retard.

  36. Security & web pros blow you away #2/2 by Anonymous Coward · · Score: 0

    OReilly hosts security -> http://oreilly.com/pub/a/windows/2004/03/30/hosts.html/ & hosts speed -> http://www.oreillynet.com/pub/a/network/excerpt/winxphacks_chap1/index1.html?page=3/

    Brocke Wilders of WILDERS' SECURITY does inferior clone of MY work http://www.wilderssecurity.com/threads/hosts-block.378901/

    ZD NET "How to use a Hosts file to improve your internet experience" http://www.zdnet.com/article/how-to-use-a-hosts-file-to-improve-your-internet-experience/ (where Steven Vaughan Nichols says "Where Hosts files really shine is by letting you block ads, spyware sites, malware sites, and tracking sites" )

    * NEXT, I WILL DIRECTLY DUST YOUR BS EASILY TOO...

    APK

    P.S.=> China = imitation = flattery http://www.theregister.co.uk/2017/04/26/boffins_supercharge_the_hosts_file_to_save_users_plagued_by_dns_outages/

  37. You're full of bullshit & /.'ers explain why by Anonymous Coward · · Score: 0

    "I've tried (APK's) hosts file generating software. It works." bmo October 15, 2015

    "I find your hosts file admirable" vel-ex-tech November 24, 2015

    "I use (APK's) host file" rogoshen1 March 03, 2015

    "APK's hosts file is looking pretty good" Culture20 November 17

    "APK your posts on this and the hosts file posts and more have never been in error and/or bad advice" BlueStrat June 21, 2017

    "APK I know people give you a lot of shit regarding hosts, but please don't ever stop" nasredin June 12, 2015

    "But I love APK!The power of the hostfile compels you!" ratboy666 January 29, 2016

    "APK solution STILL relevant" Thud457 June 11, 2015

    "APK is still right, a hosts file really does work. It even blocked a some of the video ads that were inserted into a stream" OrangeTide February 10, 2016

    "You need APK's hosts file" TeunAugust 06, 2014

    APK

    P.S.=> Plus https://science.slashdot.org/comments.pl?sid=11523935&cid=55802087/

  38. Time to make you EAT YOUR WORDS (again) by Anonymous Coward · · Score: 0

    See subject: 10 total security & web pros here https://science.slashdot.org/comments.pl?sid=11523935&cid=55802125/ & here https://science.slashdot.org/comments.pl?sid=11523935&cid=55802143/ BLOW YOU AWAY (with Malwarebytes' hpHosts who host & RECOMMEND my ware too).

    * YOU FAIL as always, lol!

    (Not to mention dozens of our /. peers here https://science.slashdot.org/comments.pl?sid=11523935&cid=55802087/ & here https://science.slashdot.org/comments.pl?sid=11523935&cid=55802199/ too, lol!)

    * QUESTION: Tell us - HOW DOES EATING YOUR WORDS TASTE? Like YOUR FOOT IN YOUR MOUTH ramming your lies back down your chicken-neck throat washed down by the BITTER TASTE of SELF- defeat? Yes... lol!

    APK

    P.S.=> The men in those posts are much more than the bs you say they are (NOD32/ESET, MalwareBytes, Symantec, Steve Gibson, Wilders Security, Bleeping Computer & more)... apk

  39. Re: What is today's date? by mikael · · Score: 1

    Their basic idea/vision wasn't wrong - low budget labs-on-chips for blood tests. The only problem is that existing medical blood sampling systems have required decades of research and development, validation, medical board approval and other requirements.

    They should have moved into other things like smart wound dressings that could measure bacterial activity and release iodine or hydrogel in order to maintain optimum healing conditions.

    --
    Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
  40. Immediately crushing your foundation easily by Anonymous Coward · · Score: 0

    lists that are out there are out behind of where they need to be - by UNIDENTIFIABLE AC troll

    WRONG - my sources update daily or more (e.g. MalwareBytes' hpHosts & SomeoneWhoCares) + dns name propogation takes 24++ hrs. & they get caught & odds of me hitting those unknown sites = near zero!

    (Malicious sites use DNS!)

    it does nothing to protect against unknown sites - by UNIDENTIFIABLE AC troll

    I only do "unknown sites" ~ 3% of the time & OpenDNS supplements me as my fav sites where I spend most time @ are sped up & secured (vs. 3rd party scripts) @ TOP of hosts!

    NoScript parses script src tags (slow vs. hosts in kernelmode blocking WAY before it & faster) & CURRENT NoScript on Vivaldi/FF57? SUCKS vs. previous builds (browser makers screwed NoScript). If it's on? You can't see non-registered luser posts on /. for example!

    APK

    P.S.=>

    doesn't offer real security - by UNIDENTIFIABLE AC troll

    SECURITY PROS in my other posts also make you EAT YOUR WORDS... apk

  41. Lastly bigshot - you've done BETTER? No by Anonymous Coward · · Score: 0

    Lastly bigshot - you've done BETTER yourself? No! Prove otherwise - you can't & you're mere 'talk' (any fool can talk).

    * Somehow? I suspect you're "whipslash" since you downmod hid my initial post & thus trying to hide this ENTIRE EXCHANGE https://science.slashdot.org/comments.pl?sid=11523935&threshold=-1&commentsort=0&mode=thread&pid=55800707/ & I am SURPRISED you just didn't OUTRIGHT DELETE IT (to hide this defeat of yours too) https://hardware.slashdot.org/comments.pl?sid=11509041&threshold=-1&commentsort=0&mode=thread&pid=55776597/ since you have before & I proved it in that link (8 times no less but there ARE more & NOT ONLY MY POSTS).

    * YOU ARE DESTROYING YOURSELF PUBLICLY (don't you 'get it'?)

    It truly PUT A SMILE ON MY FACE, per Thanos (lol) here https://science.slashdot.org/comments.pl?sid=11523935&cid=55800707/ ANNIHILATING YOU TECHNICALLY HERE IN THIS EXCHANGE by showing how totally inept you are, lol (with our /. peers & security pros GALORE helping me do so no less which ANYONE is FREE to examine & determine that for themselves (& they always do in MY favor - how could it NOT be w/ myself using FACTS & TRUTH vs. dirty tricks like YOU scumbags always do (it's ALL you've got)).

    I've just GOTTA say it as per tradition:

    THIS?

    This was JUST "too, Too, TOO EASY - just '2ez'" & it always is vs. wannabe dolts who stalk me by UNIDENTIFIABLE anonymous posts!

    APK

    P.S.=> After all - it's WIDELY KNOWN & this site BRAGS THIS OF ITSELF "but, But, BUT... /. DOESN'T DELETE POSTS! yea? Bullshit it doesn't - under present ownership/mgt., it surely does & I have proof - it's PITIFUL! apk

  42. digraced? by edittard · · Score: 1

    Like, it has two graces?

    --
    At the bottom of the /. main page it says 'Yesterday's News'. Well they got that right.
  43. Russia? by Ol+Olsoc · · Score: 1

    Russia.

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    1. Re:Russia? by Anonymous Coward · · Score: 0

      Russia.

      Equals Money Laundering. New board member, Donald Trump Jr.

  44. Re: What is today's date? by Ol+Olsoc · · Score: 1

    You've become an SJW.

    Yer not doin' too bad at that yourself, sailor!

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
  45. Theranos? THANOS "merry X-mas" 2 whipslash by Anonymous Coward · · Score: 0

    "You will know what it's like to lose: To feel so desperately that you're right, yet to fail all the same. Dread it, RUN from it https://hardware.slashdot.org/comments.pl?sid=11509041&cid=55776597/ (as you delete my posts OR downmod hide them) - Destiny STILL arrives..." - Thanos

    * As I come "warping in" to /., right past his scripted attempted blocks of my posts like his defenses were not there @ all whatsoever...

    (Just like Thanos in the new upcoming "Avengers INFINITY WAR" @ position 1:07 on YouTube here https://www.youtube.com/watch?v=ZcxV-AA07tc/ )

    APK

    P.S.=> "... Fun isn't something one considers when BALANCING THE UNIVERSE" APK Hosts File Engine 10++ 32/64-bit https://www.google.com/search?hl=en&source=hp&biw=&bih=&q=%22APK+Hosts+File+Engine%22+and+%22start64%22&btnG=Google+Search&gbv=1/

    "... But THIS" https://politics.slashdot.org/comments.pl?sid=11409789&cid=55632339/ "does put a smile on my face!"... apk

  46. Re: What is today's date? by Ol+Olsoc · · Score: 1

    Ignoring for a minute the difference between incompetence and fraud, it's worth pointing out that a big selling point for this venture was the gender and youthfulness of the CEO. Nearly every article and interview I saw when the "technology" was first being revealed spent as much time fawning over how wonderful it was to have a young woman "researcher and CEO" as they did actually discussing her supposed invention.

    Had she been an old white dude, Theranos would never have gotten the publicity it did. It's fair to point out that her gender played a role in the continuing success of her scam.

    An where I worked, it was a requirement to favor purchase decisions specifically on the gender of the Owner/CEO. https://www.ellevatenetwork.co...

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
  47. Re: What is today's date? by c6gunner · · Score: 1

    No, their basic idea was flawed. While you can do many tests with a very small quality of blood, there are also many which you cannot. Additionally, the number of tests they wanted to run from a tiny sample was impossible even if they were just running the tests which individually didn't require large samples.

    There was a reason why experts were skeptical from the get-go. Most of them suggested that even a major improvement in current technology wouldn't be enough to make these problems go away.

    Of course, you could argue that it was still worth pursuing on the off chance that everyone else was wrong. That would have been fine. Where Theranos moved from "misguided" to "scam" is when they confirmed that their technology could not actually do what they wanted and then willfully lied and continued to sell blood tests to the public knowing full well that the results were largely meaningless.

  48. Re: What is today's date? by Anonymous Coward · · Score: 0

    So you are saying people evaluated the company on how she looked rather than what she was proposing? They judged her company by her attributes not by the actual company potential? You don't say... many woman would agree in resignation with that statement. If only there were less articles on who she was and how she looked and more on what she actually did. Perhaps then she could be evaluated on an equal footing scientifically and the fraud would have been apparent much, much earlier. At best the culture of youth and fame is working against actual innovators in their fields because experience and learning over time apparently brings failure to the minds of investors. Likewise the culture that grades a woman's potential and accomplishments by her looks does the same to most women. It is disgusting that success (and investor probability) for women is often graded by appearance. Welcome to the downsides of gender discrimination. Easier fraud and lost business skills & productivity in the economy.

  49. Re: What is today's date? by OneHundredAndTen · · Score: 1

    We are talking a dishonest character, a scammer, a crook - that happens to be a woman.

  50. Re: What is today's date? by Anonymous Coward · · Score: 0

    Yeah we should definitely listen to that crazy hobo down the street instead of a successful multi-billionaire, because that makes sense.

  51. Re: What is today's date? by Anonymous Coward · · Score: 0

    Back in the 1970s, our company successfully did what Theranos promised. We used ML and a DB of 50,000 pathology reports to diagnose humans via a single blood sample, to English statements. The lawyers of the funding group (pathologists) killed the project; said it would draw lawsuits that would bankrupt the pathologists. Glad to hear they are still in business. That would be a real solution to the health cost crisis.

  52. Re: What is today's date? by mikael · · Score: 1

    I've had medical tests done on myself. They need a full syringe full of blood, and even then that is only valid for a few hours between it being extracted and sent to the lab. Some tests are so time sensitive they need the sample to be taken at the lab and processed immediately. Since every medication you take can change your blood chemistry, even the results of a blood test are only valid up until you have a new prescription.

    --
    Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
  53. Re: What is today's date? by c6gunner · · Score: 1

    I hear ya man. Back in the 70's my company invented warp drive, but after I returned from my trip to Alpha Cantauri the goddamn lawyers shitcanned the whole thing. Said it would draw too many lawsuits from all the NASA contractors we were about to put out of work.

  54. Re: What is today's date? by c6gunner · · Score: 1

    If only there were less articles on who she was and how she looked and more on what she actually did. Perhaps then she could be evaluated on an equal footing scientifically and the fraud would have been apparent much, much earlier.

    It was evaluated "on an equal footing" by actual engineers and scientists, and most of them were either extremely skeptical or outright called it bullshit. Today's media don't much care about that, though; they care about whether a story is sexy and likely to generate clicks far more than they care about whether it's actually true.

    It is disgusting that success (and investor probability) for women is often graded by appearance. Welcome to the downsides of gender discrimination.

    Gender discrimination in general is disgusting, but cases like this are the inevitable result of third-wave-feminism inspired policies. When there's a disparity in representation and success between the sexes in business and tech which isn't due to any inherent bias, the only way to "correct" that disparity is by introducing bias. This is "affirmative action" for women.