"A reminder why business journalism is so important ... wsj's unexpected, brutal investigation of theranos," tweets former journalist Evelyn Rusli of the Wall Street Journal piece that's revealed popular start-up Theranos is not using its flagship lab instrument on many of its blood tests, among other discomfiting discoveries (at 4,200+ shares so far). "Is Theranos, the hot blood-testing startup that pledges to get results w just a few drops, in trouble?" pointedly asks David Crow at the Financial Times. Heard on the Street's Miriam Gottfried also notices, "Some Theranos potassium results were so high 'patients would have to be dead' for them to be correct." Also remarkable is how far Theranos tried to go to kill this story. "This hot startup threatened sources, hired David Boies to counter @JohnCarreyrou investigation. It failed," colleague Mark Maremont summarizes. Also at WSJ, Keach Hagey muses, "Among many amazing things in this @JohnCarreyrou joint: CEO dodged interview for 5 months, then couldn’t find time." We hear company founder Elizabeth Holmes will be on Mad Money tonight to respond to John Carreyrou's reporting, so don't miss that.
The other top trending topic today among media members comes from The Intercept -- a multimedia masterpiece called The Drone Papers, a.k.a., a "cache of secret documents detailing the inner workings" of Obama's drone program in Afghanistan, Yemen, and Somalia as well as peels back the curtain on America's ongoing assassination complex. "Congrats to my colleagues @the_intercept for exposing details of Obama's drone wars, thanks to a brave new source," First Look Media's Liliana Segura praises. "Reason why, for past 3 months, team of writers, researchers & editors at The Intercept neglected friends & families," explains Peter Maass, also at The Intercept. This digital pièce de résistance also produced what is sure to be today's most quoted line, care of Jeremy Scahill: "Drones are a tool, not a policy. The policy is assassination."
This comes at the same time as a report from the Associated Press that American analysts did know the Doctors without Borders facility in Kunduz was a hospital. "So we bombed a hospital, killed innocents, to get one Taliban operative who was...ISI," concludes Michael Weiss. "Shorter Special Forces: We had to destroy hospital % kill 40 to kill member of intel service of our ally, Pakistan," independent journalist Marcy Wheeler chimes in. It's worth noting right now that another headline story concerns President Barack Obama's halt of U.S. troop withdrawal from Afghanistan. "Obama to announce the Afghan War isn't over after all (which has been clear since he declared it 'over' months ago)," reacts Trevor Timm with Guardian US and CJR.
In other news to know, the New York Times is on the trail of the dark reality of sports betting and daily fantasy games, which is timely because the FBI and Justice Department are investigating the daily fantasy sports business model. "Gotta love a story that begins w/ someone literally holding a big bag o' cash. Fascinating look at illegal gambling," admits Danielle Ivory. Meanwhile, the names "Eric Garner" and "Tamir Rice" somehow are missing from the FBI's ongoing tally of police killings. Caitlin Kelly with VICE Sports calls it "a selective lack of imagination in bureaucracy." Also, Jonathan Mahler wants to know, what do we really know about Osama bin Laden's death? You know, easy-peasy questions like that.