New Mexico man who stole millions from investors will stay on probation
Full Story: https://www.krqe.com/news/crime/new-mexico-man-who-stole-millions-from-investors-will-stay-on-probation
Full Story: https://www.krqe.com/news/crime/new-mexico-man-who-stole-millions-from-investors-will-stay-on-probation
Many Americans say they were better off, financially, during the COVID years, when stimulus funds were flooding the economy.
FarmboxRx decided to bootstrap because founder Ashley Tyrner didn't like the advice she was getting from potential backers. Tyrner told TechCrunch's Found podcast that when she went out to raise money for FarmboxRx, a direct-to-consumer produce box company meant to solve food deserts at the time, she found that venture investors were interested if, and only if, she agreed to pivot her company toward a hot trend of the moment. Instead, the company leaned into its existing produce box-focused model and the supply chain it built around that strategy, and built a new revenue stream on top of that.
Investors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Nvidia will report its fiscal Q1 earnings after the bell on Wednesday in a crucial report for both the AI trade and broader stock market.
From a16z's new $7.2 billion fund, around $600 million is earmarked for American Dynamism. The 12-month American Dynamism Engineering Fellows Program will take around three technologists on a investment crash course, with the fellows spending the year learning about venture investing, working alongside the partners to evaluate potential investments, and engaging with the fund’s portfolio of industrial companies.
The US Department of Justice arrested a Wisconsin man last week for generating and distributing AI-generated child sexual abuse material. As far as we know, this is the first case of its kind as the DOJ looks to establish a judicial precedent that exploitative materials are still harmful even when no children were used to create them.
It’s early yet, but the first days of the Morris era have drawn positive reviews.
Save big this holiday weekend on everything from patio furniture and grills to mattresses and cookware.
U.S. cell carrier Patriot Mobile experienced a data breach that included subscribers’ personal information, including full names, email addresses, home ZIP codes and account PINs, TechCrunch has learned. Patriot Mobile, which reportedly has fewer than 100,000 subscribers, bills itself as “America’s only Christian conservative wireless provider and our mission is to passionately defend our God-given Constitutional rights and freedoms while glorifying God.” A hacker who claimed responsibility for the breach provided TechCrunch with a sample of data stolen from Patriot Mobile.
The prospects for troubled banking-as-a-service (BaaS) startup Synapse went from bad to worse last week when a U.S. Trustee filed an emergency motion asking to convert the company’s debt reorganization Chapter 11 bankruptcy into a liquidation Chapter 7 due to “gross mismanagement” of its estate. There seems to be a real appetite for an alternative to QuickBooks, the legacy accounting alternative for SMBs, judging by the attention this story on Layer’s $2.3 million raise received. Its customers are those working with small and medium-sized businesses to offer accounting and bookkeeping features inside their own products.
Get caught up on this morning’s news: Michael Cohen wraps up testimony, Caitlin Clark’s injury scare and more in today’s edition of The Yodel newsletter
Experts explain what triggers an air quality alert and what you should do if you get one.
It’s been three years since Spotify acquired live audio startup Betty Labs, and yet the music streaming service isn’t leveraging the technology to its fullest potential — at least not in our opinion. Betty Labs-owned Locker Room launched in 2020 as a sports-focused social audio app where sports fans could engage in live conversations, create watch parties and react to games in real time. When Spotify bought the app, it rebranded it as Greenroom, a Clubhouse clone that catered to all types of fans, whether they’re interested in sports, fantasy football, music or other topics.
Are you sitting down? Stop it. These desks can raise or lower with the push of a button. Your body will thank you.
Scale AI, which provides data-labeling services to companies that want to train machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors that include Amazon and Meta. The fundraise is a mix of primary and secondary funding, and is the latest in a slew of big venture capital investments in AI. Amazon recently closed a $4 billion investment in OpenAI rival Anthropic, and the likes of Mistral AI and Perplexity are also in the process of raising more billion-dollar rounds at lofty valuations.
The defense and prosecution have rested their cases, the jury has been dismissed for the week and closing arguments are set for next Tuesday.
U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. KKR said it's making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year. Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil McGriskin, who had sold an e-commerce payments company called Envoy to WorldPay back in 2011.
Craig Kuligowski, who was facing a sexual harassment complaint at Toledo, said he was fired due to his age and his race. He’s a 55-year-old white man.
Whether you opt for the hooded version or not, this jacket delivers exceptional performance, comfort, and versatility.
What do salvage, rebuilt and lemon law titles mean, and how are they different from clean titles? Find out here before purchasing a used car.