A bust after a boom happened during the dot com crash and also the GFC. When you look at the overvalued companies on the US stock exchange and the ridiculously high salaries being paid for many developers right now, there was always going to be a pull back at some point.
Which is a shame because the platform as a developer is awesome. I've developed for both iOS and Android and will always favour Android. But Apple seem to have more consistent and possibly better customer service compared to Google, especially when it comes to the ability to get a knowledgeable answer after failing an app review.
Exactly - done in order to fake volume - so it looks like your exchange is doing a lot more business than it really is. Also to manipulate the bitcoin price on your exchange, although it would be difficult to make significant moves due to arbitrage.
Totally agree - Theranos went on for something like a decade without any evidence they had made any sort of process breakthrough or innovation. The whole company was built on lies and bullshit. The co-founder dude who put up the initial money made that money by speculating on the dot com boom of 1999/2000 and getting out before it bust.
In my view there's been a turnaround since the days when they were seen as money hungry monopolists. They're still a business that has to make money, but they're contributing to open source more, and they've released Visual Studio as effectively a free developer tool now with their Community Edition.