Want to write for Entrepreneur too? Apply to join Entrepreneur Leadership network.
Theranos was once praised for its fast, less-invasive blood testing technology, but the company has found itself in the spotlight after media reports raised questions about the accuracy of its proprietary tests.
The company has been embroiled in an expensive legal battle with wrestler and entertainer Hulk Hogan, who is backed by wealthy investor Peter Thiel.
This is the latest in a string of coffee deals by investment group JAB as it seeks to become a formidable competitor to Nestle.
The company is dropping devices that compete with its own streaming media hardware.
A Hyperloop pod competition would follow up on Musk's a high-speed transit concept.