#theranos-fraud

[ follow ]
#openai
fromFuturism
1 day ago
Artificial intelligence

Sam Altman Opens Up About Telling CEO of Disney That It Had All Been Smoke and Mirrors

Artificial intelligence
fromFuturism
1 day ago

Sam Altman Opens Up About Telling CEO of Disney That It Had All Been Smoke and Mirrors

OpenAI CEO Sam Altman confirmed Disney's understanding of the decision to shut down the Sora AI video generator app, despite the disappointment it caused.
Venture
fromFast Company
2 days ago

OpenAI's gigantic new funding round renews fears about the company's profitability and cash burn

OpenAI raised $122 billion in funding, achieving an $852 billion valuation, positioning itself for a potential IPO by 2026.
Wearables
fromTNW | Apps
2 hours ago

WHOOP raises $575m at $10.1bn valuation, signals IPO ahead

WHOOP raised $575 million in Series G funding, valuing the company at $10.1 billion and positioning for an IPO.
#meta
Tech industry
fromwww.npr.org
1 day ago

What's next for Meta in the wake of trial losses and layoffs?

Meta faces significant challenges with legal rulings and a shift in focus from the Metaverse to artificial intelligence.
Tech industry
fromTechRepublic
1 week ago

Layoffs and Lawsuits Collide in Meta's Worst Week Yet

Meta laid off 700 employees while facing legal liability for mental health issues linked to its platforms.
Tech industry
fromwww.npr.org
1 day ago

What's next for Meta in the wake of trial losses and layoffs?

Meta faces significant challenges with legal rulings and a shift in focus from the Metaverse to artificial intelligence.
LGBT
fromAdvocate.com
4 days ago

Meta continues using transphobic company language despite its Oversight Board's warning

Meta's hate speech policy includes an anti-trans term despite recommendations to remove it, highlighting ongoing issues with content moderation.
Tech industry
fromTechRepublic
1 week ago

Layoffs and Lawsuits Collide in Meta's Worst Week Yet

Meta laid off 700 employees while facing legal liability for mental health issues linked to its platforms.
Venture
fromTechCrunch
19 hours ago

Anthropic is having a moment in the private markets; SpaceX could spoil the party | TechCrunch

Demand for Anthropic shares is surging, while OpenAI shares struggle to find buyers, highlighting a complex narrative in the private securities market.
#fintech
Business
from24/7 Wall St.
1 day ago

SoFi Can't Shake the Doubts, but Its Stock at $15 Is Crazy

SoFi Technologies' stock plummeted 51.57% despite record revenue and profitability, driven by broader fintech sector concerns and market disconnect.
fromTechCrunch
1 month ago
Television

'Industry' season 4 captures tech fraud better than any show on TV right now | TechCrunch

A fintech tied to adult content is allegedly fabricated, prompting a short-sell investigation that exposes fraud, regulatory pressure, and leadership-driven pivot ambitions.
Business
from24/7 Wall St.
1 day ago

SoFi Can't Shake the Doubts, but Its Stock at $15 Is Crazy

SoFi Technologies' stock plummeted 51.57% despite record revenue and profitability, driven by broader fintech sector concerns and market disconnect.
#silicon-valley
Silicon Valley
fromFortune
1 day ago

I helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself | Fortune

Silicon Valley is falling behind in innovation due to slow adaptation to social demands and a focus on preserving existing business models.
fromThe Nation
3 days ago
Silicon Valley

The Anti-Intellectualism of the Silicon Valley Elite

Silicon Valley's anti-intellectualism dismisses the value of deep intellectual work, impacting perceptions of music creation and higher education.
Silicon Valley
fromFortune
1 day ago

I helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself | Fortune

Silicon Valley is falling behind in innovation due to slow adaptation to social demands and a focus on preserving existing business models.
Silicon Valley
fromThe Nation
3 days ago

The Anti-Intellectualism of the Silicon Valley Elite

Silicon Valley's anti-intellectualism dismisses the value of deep intellectual work, impacting perceptions of music creation and higher education.
OMG science
fromFuturism
1 day ago

$60 Million Startup Says It's Invented a New Particle to Dim the Sun

Stardust Solutions raised $60 million for solar geoengineering to combat global warming by dimming the Sun, but faces significant controversy and unknown consequences.
#jen-shah
US news
fromJezebel
2 days ago

Jen Shah: Ghislaine Maxwell Has 'No Remorse,' Elizabeth Holmes Had 'Poop Duty'

Jen Shah shares experiences with fellow inmates Elizabeth Holmes and Ghislaine Maxwell, highlighting their bond and prison life challenges.
US news
fromJezebel
2 days ago

Jen Shah: Ghislaine Maxwell Has 'No Remorse,' Elizabeth Holmes Had 'Poop Duty'

Jen Shah shares experiences with fellow inmates Elizabeth Holmes and Ghislaine Maxwell, highlighting their bond and prison life challenges.
NYC startup
from24/7 Wall St.
2 days ago

Snap Falls 7% as Activist Pressure and Child Safety Scrutiny Compound an Already Brutal Year

Snap's stock is down 7% amid activist investor pressure and child safety lawsuits, with shares down 43% year-to-date.
#elon-musk
fromFortune
3 days ago
Toronto startup

Elon Musk's coterie of companies are getting more and more pushback from Democrats | Fortune

fromFortune
5 days ago
Law

Elon Musk is escalating his feud with a Delaware judge over a 'heart' on a LinkedIn post | Fortune

Toronto startup
fromFortune
3 days ago

Elon Musk's coterie of companies are getting more and more pushback from Democrats | Fortune

Elon Musk's companies face increasing pushback in Baltimore, including a lawsuit over AI risks and a withdrawal from a tunnel project proposal.
Law
fromFortune
5 days ago

Elon Musk is escalating his feud with a Delaware judge over a 'heart' on a LinkedIn post | Fortune

Elon Musk's legal battles continue as Chancellor McCormick reassigns cases after denying recusal due to alleged LinkedIn post support.
Silicon Valley
fromTESLARATI
1 day ago

Elon Musk calls out $2 trillion SpaceX IPO valuation as 'BS'

Elon Musk dismissed reports of SpaceX's IPO targeting a $2 trillion valuation as unreliable and labeled them as 'BS'.
Social media marketing
fromEngadget
2 weeks ago

Elon Musk misled investors during his Twitter takeover, jury finds

Elon Musk faces potential billions in damages after a jury found he defrauded Twitter investors with misleading tweets about fake accounts.
US Elections
fromFortune
2 days ago

Prediction markets have sparked a golden age of insider trading-but the party may be coming to an end | Fortune

Insider trading in prediction markets has surged, raising concerns about unethical betting practices and lack of regulatory oversight.
Cryptocurrency
fromFortune
2 days ago

Prediction markets caught insider traders in real time. Congress wants to shut them down anyway | Fortune

Prediction markets expose insider trading issues, offering transparency through blockchain technology, and should not be banned by legislation.
Science
fromFuturism
4 days ago

A Startup Has Been Quietly Pitching Cloned Human Bodies to Transfer Your Brain Into

Cloning efforts have evolved from animals to controversial human embryo models, with ambitions for brainless human clones for organ transplants.
Careers
fromFortune
4 days ago

I was rejected 33 times and built a $390 million company - at 48 years old. Age bias in tech is costing us all | Fortune

Reinvention after 40 is often dismissed as a midlife crisis, but it can be a calculated and economically beneficial choice.
Startup companies
fromEntrepreneur
5 days ago

As a VC, I Can Predict a Startup's Success in Minutes - And It Comes Down to 3 Traits (Not the Deck)

Founders who demonstrate clarity, context, and chemistry can effectively navigate chaos and drive business growth.
Retirement
fromSubstack
2 weeks ago

BuzzFeed's AI Collapse, Coinbase vs. Big Banks, and the SpaceX IPO Is Official - Episode 182

Markets and technology are rapidly evolving, impacting companies like BuzzFeed, Coinbase, and SpaceX.
Women in technology
fromFortune
6 days ago

She left a Silicon Valley VC to solve a problem left untouched for 88 years. Now her bra brand is the fastest-growing at Nordstrom | Fortune

Bree McKeen innovated the bra industry by filing a patent for an underwire replacement after experiencing discomfort from traditional designs.
Privacy professionals
fromThe Verge
2 days ago

Pinterest said he violated laid-off colleagues' privacy. Now he's going public

A former Pinterest engineer claims he was unjustly fired for sharing a tool that revealed employee layoffs.
fromTearsheet
4 days ago

In the world of Stripe: Acquisitions, agentic AI, and stablecoins - Tearsheet

Reports suggest that Stripe is considering a PayPal acquisition, although negotiations on the subject are in early stages with no guarantee of going through.
Business
fromSecuritymagazine
1 day ago

AI Startup Mercor, Which Works With Open AI and Anthropic, Confirms Data Breach

Four terabytes of data have reportedly been stolen, including database records and source code. Allegedly stolen data has been published on a leak site, containing Slack information, internal ticketing data, and videos of conversations between Mercor's AI systems and contractors.
Information security
#ai
Artificial intelligence
fromEntrepreneur
2 days ago

Anthropic Accidentally Leaked Its Own Claude Code. Now the Company Is Scrambling to Contain the Damage.

Anthropic accidentally exposed proprietary instructions for Claude Code, enabling competitors to replicate its features without reverse-engineering.
Artificial intelligence
fromEntrepreneur
2 days ago

Anthropic Accidentally Leaked Its Own Claude Code. Now the Company Is Scrambling to Contain the Damage.

Anthropic accidentally exposed proprietary instructions for Claude Code, enabling competitors to replicate its features without reverse-engineering.
#venture-capital
Venture
fromSilicon Canals
2 days ago

AI was supposed to be the great equaliser - instead it produced the most concentrated investment cycle in VC history - Silicon Canals

The AI boom has concentrated global venture funding in the U.S., reversing years of diversification in tech investment.
Privacy professionals
fromWIRED
2 days ago

California Suspends Enforcement of Law Requiring VCs to Report Diversity Data

California suspended a new regulation requiring venture capital firms to report demographic data about startup founders amid public criticism.
fromFortune
4 weeks ago
Venture

This VC backed CrowdStrike and Anduril. His due diligence starts with your father | Fortune

Venture
fromSilicon Canals
2 days ago

AI was supposed to be the great equaliser - instead it produced the most concentrated investment cycle in VC history - Silicon Canals

The AI boom has concentrated global venture funding in the U.S., reversing years of diversification in tech investment.
Privacy professionals
fromWIRED
2 days ago

California Suspends Enforcement of Law Requiring VCs to Report Diversity Data

California suspended a new regulation requiring venture capital firms to report demographic data about startup founders amid public criticism.
fromFortune
4 weeks ago
Venture

This VC backed CrowdStrike and Anduril. His due diligence starts with your father | Fortune

#compliance
fromTechCrunch
1 week ago
Privacy professionals

Delve halts demos, Insight Partners scrubs investment post amid 'fake compliance' allegations | TechCrunch

Privacy professionals
fromTechCrunch
1 week ago

Delve halts demos, Insight Partners scrubs investment post amid 'fake compliance' allegations | TechCrunch

Delve, a compliance startup, is accused of fabricating certifications and has disabled its demo feature amid controversy.
Business
from24/7 Wall St.
5 days ago

Is This What the Start of an AI Bubble Bust Looks Like?

The market is experiencing a correction, raising concerns about a potential AI bubble burst and investor sentiment towards tech stocks.
Information security
fromFortune
2 days ago

Mercor, a $10 billion AI startup, confirms it was caught up in a major security incident | Fortune

Mercor confirmed a security breach linked to a supply chain attack that may have exposed sensitive data of its customers.
Venture
fromTNW | Next-Featured
3 days ago

SpaceX files for record $75 billion IPO as conflicts of interest mount

SpaceX is preparing for a historic IPO, potentially making Elon Musk the world's first trillionaire with a valuation of $1.75 trillion.
fromenglish.elpais.com
2 weeks ago

The new robber barons are the tech tycoons

The first time antiimmigration legislation was approved was likely in 1879, in a country where antiimmigrant sentiment tinged with racism had always lurked beneath the surface, despite the wellknown fact that foreign labor was essential to its development. That country was the United States, whose Congress and a Republican president named Chester A. Arthur enacted, in 1882, the socalled Chinese Exclusion Act, which prohibited the arrival of Chinese workers for at least 10 years.
History
Silicon Valley
fromSilicon Canals
5 days ago

Silicon Valley startup backed by Tim Draper pitches growing brainless human clones for organ harvesting and brain transplants - Silicon Canals

A Silicon Valley startup is developing brainless cloned human bodies for organ sourcing and potential brain transplants.
Startup companies
fromEntrepreneur
2 weeks ago

This Executive of a $6.6 Billion AI Startup Says She Has One Very Big Worry

Lovable, a vibe coding platform enabling app development through natural language prompts, faces its greatest competitive threat from AI giants like OpenAI and Anthropic rather than smaller startups, with distribution power determining market winners.
#delve
fromTechCrunch
5 days ago
Venture

Delve whistleblower strikes again, with alleged receipts about 'fake compliance' | TechCrunch

Privacy professionals
fromTechCrunch
2 weeks ago

Delve accused of misleading customers with 'fake compliance' | TechCrunch

Delve is accused of misleading customers about compliance with privacy regulations, potentially exposing them to legal liabilities.
fromTechCrunch
5 days ago
Venture

Delve whistleblower strikes again, with alleged receipts about 'fake compliance' | TechCrunch

Privacy professionals
fromTechCrunch
2 weeks ago

Delve accused of misleading customers with 'fake compliance' | TechCrunch

Delve is accused of misleading customers about compliance with privacy regulations, potentially exposing them to legal liabilities.
Social media marketing
fromSilicon Canals
2 weeks ago

Meta loosened safety standards because 'the stock price is down': whistleblowers detail Big Tech's engagement-over-safety playbook - Silicon Canals

Major tech platforms prioritize engagement and stock performance over content safety, with resource allocation revealing true organizational values over public messaging.
Information security
fromTechCrunch
4 days ago

Popular AI gateway startup LiteLLM ditches controversial startup Delve | TechCrunch

LiteLLM is terminating its relationship with Delve for security certifications after a malware incident and will seek a new compliance auditor.
fromTechCrunch
4 weeks ago

Cluely CEO Roy Lee admits to publicly lying about revenue numbers last year | TechCrunch

Lee says in that same post that he "got a random cold call from some woman asking about numbers and told her some bs, did not expect an article about it." But that call occurred because Cluely's public relations representative emailed TechCrunch and offered to make Lee available for a story.
Media industry
#securities-fraud
Tech industry
fromKqed
2 weeks ago

Lawsuit Accusing Elon Musk of Tanking Twitter Share Price Goes to Jury | KQED

A San Francisco jury will decide if Elon Musk committed securities fraud by making misleading statements about Twitter bots before his 2022 acquisition to manipulate stock prices and defraud investors.
Tech industry
fromKqed
2 weeks ago

Lawsuit Accusing Elon Musk of Tanking Twitter Share Price Goes to Jury | KQED

A San Francisco jury will decide if Elon Musk committed securities fraud by making misleading statements about Twitter bots before his 2022 acquisition to manipulate stock prices and defraud investors.
Venture
fromFortune
2 weeks ago

Unicorns are flush with cash and stuck. A new kind of startup crisis is taking hold in 2026 | Fortune

Cap table gridlock hinders growth for private companies due to complex ownership structures and competing investor agendas.
fromEntrepreneur
1 month ago

Why Raising VC Too Early Is the Fastest Way to Kill Your Startup

Raising venture capital too early can cost you control, leverage and even your company. Early capital is often highly dilutive, selling off your future before your blueprint is complete. The difference between lighting a spark and burning your equity to ash is a lesson many founders learn too late.
Bootstrapping
fromBusiness Insider
3 weeks ago

Palantir's tech head explains how he manages stars - and how he owned a big screwup to the CEO

Superpowers are effortless. My analogy for this is if Superman could fly. He could see through walls. But that wasn't some sort of arduous thing for him to do. It's just something he could do. The other side of this is identifying your kryptonite - in the series, a mineral fatal to Superman. It's not like something you can work on. The only strategy for Superman around kryptonite was to avoid it.
Silicon Valley
Information security
fromFortune
1 month ago

Boards aren't ready for the AI age: What happens when your CEO gets deepfaked? | Fortune

Deepfake fraud losses tripled to $1.1 billion in 2025, with executives vulnerable to synthetic voice and video impersonation attacks targeting both financial theft and reputational damage.
#elizabeth-holmes
Startup companies
fromEntrepreneur
1 month ago

The Fastest Way to Kill a Startup? This Common Mistake That Looks Like Progress

Chasing unicorn-scale growth undermines startup sustainability; prioritize disciplined, incremental scaling, customer focus, revenue discipline and resilient systems to build durable, profitable businesses.
US politics
fromwww.dw.com
2 months ago

Elizabeth Holmes asks Trump to commute her prison sentence

Elizabeth Holmes requested a presidential early release from prison and still owes $452 million in restitution unless she receives a pardon.
fromFinbold
2 months ago

AppLovin Refutes Short Report: Allegations of Money Laundering and Unauthorized Downloads Are Untrue

AppLovin responded by firmly refuting all allegations in the report. The report is filled with false, misleading, and illogical allegations. In its public disclosure filings, AppLovin has provided full and transparent disclosures regarding the company's material investments, global business operations, and information related to major shareholders. As a publicly traded company, AppLovin's common stock is traded freely on the open market; the company cannot, and is not able to, control any individual's or institution's buying, selling, or holding of its shares.
Marketing tech
fromArs Technica
2 months ago

Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft

Perhaps most glaringly, Wazzan reached his opinions without ever weighing the contributions of anyone but Musk, OpenAI alleged.
Law
Startup companies
fromTechCrunch
2 months ago

The Rippling/Deel corporate spying scandal may have taken another wild turn | TechCrunch

Deel faces a DOJ criminal investigation over allegations it hired a corporate spy to obtain confidential Rippling information amid mutual lawsuits.
Business
fromTheregister
2 months ago

Investors sue over Oracle's borrowing spree

Oracle bondholders allege that undisclosed plans for an additional $38 billion borrowing undermined the creditworthiness and value of the initial $18 billion bonds.
US politics
fromFortune
2 months ago

Trump has granted clemency to several high-profile white-collar fraudsters. Could Elizabeth Holmes be next? | Fortune

Elizabeth Holmes, convicted of defrauding Theranos investors, requested President Trump commute her nearly nine-year remaining sentence after appeals failed.
Startup companies
fromTechCrunch
2 months ago

One-time hot insurance tech Ethos poised to be first tech IPO of the year | TechCrunch

Ethos Technologies priced its IPO at $18–$20 per share, potentially valuing the company up to $1.26 billion and raising over $200 million combined.
fromFast Company
2 months ago

Inside the founder factory known as Palantir, America's most polarizing company

"With any person, company, or concept, the general public really only has space in their head for one characteristic of it," says Palantir alum Marc Frankel, cofounder, board member, and former CEO of Manifest, which creates software and AI "bill of materials"-think ingredient labels for critical software. "Biden: old. AI: scary. Palantir: secretive." Frankel worked at Palantir from 2013 to 2018,
Business
Artificial intelligence
fromFortune
1 month ago

When the music stops: the unravelling of AI companies' flawed valuations | Fortune

AI valuations are inflated, entangled supplier–customer investments create systemic risk, and a bursting bubble will expose flawed valuations.
[ Load more ]