Jan 18, 2017

Hot in Silicon Valley: Lyft's latest, new issues at Theranos

Paul Sancya / AP

Lyft's newest pitch: carpooling

Company co-founder and president John Zimmer penned a blog post arguing for infrastructure that would encourage carpooling as a way of solving traffic in the U.S.

Between the lines: It's not too hard to see that Zimmer's pitch is a direct ad for Lyft Line, his company's carpooling service.

  • Case in point: He suggests that smart carpool lanes be free for cars with three or more passengers—exactly the minimum of people in a car when two riders are matched.

Our take: While advocating for modern infrastructure is a great idea, Zimmer's blog post seems to imply that the U.S. has never attempted to incentivize carpooling. Carpool lanes have existed in the U.S. for more than four decades. What's more, mass transit, such as buses, is often applauded for helping take cars off the road and make transportation more efficient.

Theranos fails yet another inspection

The Silicon Valley blood-testing company reportedly failed a regulatory inspection of its Arizona lab in September, according to the Wall Street Journal. This was the second major lab inspection the company has failed.

In hindsight: CMS concluded on Sept. 29 that Theranos' lab was deficient, just days before the company announced it would be getting out of the lab business altogether to focus on building and selling testing equipment to other clinics. Of course, Theranos made no mention of the failed inspection when it announced its new business direction.

Now what? Since the first report from the Journal in Oct. 2015, Theranos has unraveled—voiding test results, federal investigations, a ban on its CEO from running a lab for two years. While the company could potentially find success with its new business model, its reputation might be too tarnished. Today, Theranos has become the Silicon Valley poster child for fraud.

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U.S. coronavirus updates: Death toll nears 11,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the novel coronavirus surpassed 10,900 in the U.S. early Tuesday, per Johns Hopkins data. More than 1,000 people in the U.S. have died of coronavirus-related conditions each day since April 1.

Why it matters: U.S. Surgeon General Jerome Adams said on Sunday this week will be "the hardest and saddest week of most Americans' lives" — calling it our "our Pearl Harbor, our 9/11 moment."

Go deeperArrowUpdated 41 mins ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 1,347,803 — Total deaths: 74,807 — Total recoveries: 277,402Map.
  2. U.S.: Total confirmed cases as of 11:30 p.m. ET: 368,196 — Total deaths: 10,986 — Total recoveries: 19,828Map.
  3. Trump administration latest: President Trump's economic adviser Peter Navarro warned White House colleagues in late January the coronavirus could take over half a million American lives and cost close to $6 trillion, memos obtained by Axios show.
  4. 2020 update: Wisconsin Supreme Court blocks governor's attempt to delay in-person primary voting delayed until June.
  5. States latest: West Coast states send ventilators to New York and other states with more immediate need — Data suggest coronavirus curve may be flattening in New York, Gov. Andrew Cuomo said.
  6. World update: U.K. Prime Minister Boris Johnson moved to intensive care as coronavirus symptoms worsen.
  7. Stocks latest: The S&P 500 closed up 7% on Monday, while the Dow rose more than 1,500 points.
  8. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Docs: Navarro memos warning mass death circulated West Wing in January

Image from a memo to President Trump

In late January, President Trump's economic adviser Peter Navarro warned his White House colleagues the novel coronavirus could take more than half a million American lives and cost close to $6 trillion, according to memos obtained by Axios.

  • By late February, Navarro was even more alarmed, and he warned his colleagues, in another memo, that up to two million Americans could die of the virus.

Driving the news: Navarro's grim estimates are set out in two memos — one dated Jan. 29 and addressed to the National Security Council, the other dated Feb. 23 and addressed to the president. The NSC circulated both memos around the White House and multiple agencies.

Go deeperArrow2 hours ago - Health