Morning intelligence

• Theranos COO and president Sunny Balwani has stepped down, amid ongoing investigations over the accuracy of its technology. 

• As previously reported, Google is working on a competitor to Amazon Echo that is code-named “Chirp” internally, according to Recode

• Lyft is offering $27 million to settle a class-action suit brought by 163,000 California drivers who seek to be classified as employees. 

• Apple is not giving up music downloads just yet, despite rumors to the contrary. PM