2025-04-10
Tech founder charged with fraud for 'AI' that was secretly overseas contract workers
The US Department of Justice has indicted Albert Sangier for defrauding investors with misleading statements about his Nate financial technology platform. Founded by Sangier in 2018, Nate claimed it could offer shoppers a universal checkout app thanks to artificial intelligence. However, the indictment states that the so-called AI-powered transactions in Nate were actually completed by human contractors in the Philippines and Romania or by bots. Sangier raised more than $40 millio [...]
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2025-03-28
Nikola founder Trevor Milton receives a full pardon from President Trump
Trevor Milton, the founder of electric truck company Nikola, has received a full and unconditional pardon from President Donald Trump. A jury found Milton guilty of one count of securities fraud and t [...]
2025-03-19
Video game workers in North America now have an industry-wide union
There’s now an industry-wide union for video game workers in the US and Canada. The United Videogame Workers-CWA (UVW-CWA) has a mission to bring together "artists, writers, designers, QA teste [...]
2025-01-28
Whole Foods workers form first union since Amazon acquisition
A majority of workers at a Whole Foods location in Philadelphia have voted to unionize, as reported by Reuters. This makes the Pennsylvania store the first to unionize under Amazon’s ownership, and [...]
2025-03-19
'47 Ronin' director charged with $11 million fraud over doomed Netflix sci-fi series
Carl Erik Rinsch, the director of 47 Ronin, has been charged for defrauding a streaming service out of $11 million, according to the Southern District of New York's US Attorney's Office. Whi [...]
2024-12-31
Terraform Labs co-founder Do Kwon will face securities fraud charges in the US
Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securitie [...]
2025-05-08
Ireland is pitching a law to force big tech companies to vet ads before publication
Ireland has pitched a law to force tech companies to vet ads before publishing them, according to reporting by Financial Times. This is part of a larger push by the EU Commission to make tech entities [...]
2025-01-29
The best power banks and portable chargers for every device in 2025
On a recent work trip, I had plenty of things to worry about — but being able to recharge my two smartphones, laptop and iPad were not among my concerns. In my carry-on luggage, I had two medium-cap [...]
2025-05-08
Celsius CEO Alex Mashinsky sentenced to 12 years for crypto fraud
CEO and founder of Celsius Network Alex Mashinsky has been sentenced to 12 years in prison by a US District Court. Celsius Network held about $25 billion in assets at its height, but was one of the ma [...]