Newspaper That Brought Down Theranos Learns Owner Is Major InvestorEve Peyser11/28/16 8:51pmFiled to: theranoswall street journalrupert murdochelizabeth holmes408EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkImages: APOnce upon a time, Theranos was a promising biotech firm—raising $632 million from 2014-2015. In October 2015, everything changed when the Wall Street Journal published the first of its many exposés that revealed the company’s struggle to develop the blood-testing technology it promised. The Journal’s stories ultimately led to the company’s very ugly public unraveling. A new report published on Monday reveals that Rupert Murdoch, the executive chairman of the Wall Street Journal’s parent company, invested $100 million in Theranos shortly before the paper published its first report.ShareTweet Kinja is in read-only mode. We are working to restore service.