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Theranos has laid off most of its remaining staff

Theranos has laid off most of its remaining staff

Elizabeth Holmes, CEO of Theranos. REUTERS/Brendan McDermid Theranos has laid off about 100 employees, The Wall Street Journal reported Tuesday. It's the third round of layoffs in the past two years for the blood-testing company. At one point, the company had more than 700 employees. Tuesday's layoff brings the headcount down to about 24, The…

Alibaba to buy remaining shares in food delivery app

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said on Monday it would buy the remaining shares of, a major platform in China’s food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers. Drivers of the food delivery service prepare to start their morning shift after an internal…