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Maryland-based iLearningEngines, which uses AI to offer companies personalized training materials, plans to go public via a SPAC merger at a $1.4B valuation (Echo Wang/Reuters) 28-04-2023

Echo Wang / Reuters: Maryland-based iLearningEngines, which uses AI to offer companies personalized training materials, plans to go public via a SPAC merger at a $1.4B valuation  —  Training software company iLearningEngines Inc agreed to go public through a merger with blank check company Arrowroot Acquisition Corp … Lees verder op Tech Meme

A profile of Liu Xiaoping, a dog food seller who coaches fellow Pinduoduo merchants on how to use legal action to fight the app's refund-without-return policy (Viola Zhou/Rest of World) 28-04-2023

Viola Zhou / Rest of World: A profile of Liu Xiaoping, a dog food seller who coaches fellow Pinduoduo merchants on how to use legal action to fight the app’s refund-without-return policy  —  A dog food seller known as “Lawsuit Bro” is leading the fight.  — A dog food seller on Pinduoduo has emerged as an unlikely hero … Lees verder op Tech Meme

Ex-HeadSpin CEO Manish Lachwani pleads guilty to securities and wire fraud charges for disseminating false and overstated revenue metrics to potential investors (Joyce E. Cutler/Bloomberg Law) 28-04-2023

Joyce E. Cutler / Bloomberg Law: Ex-HeadSpin CEO Manish Lachwani pleads guilty to securities and wire fraud charges for disseminating false and overstated revenue metrics to potential investors  —  Manish Lachwani, who co-founded and led Silicon Valley startup HeadSpin Inc., pleaded guilty Thursday to securities and wire fraud charges, federal prosecutors said. Lees verder op Tech Meme

Ex-Apple employee Dhirendra Prasad is sentenced to three years and must pay restitution for stealing $17M from Apple via kickbacks from parts suppliers, more (Jess Weatherbed/The Verge) 28-04-2023

Jess Weatherbed / The Verge: Ex-Apple employee Dhirendra Prasad is sentenced to three years and must pay restitution for stealing $17M from Apple via kickbacks from parts suppliers, more  —  A former Apple employee has been sentenced to three years in prison and must pay back over $19 million in restitution … Lees verder op Tech Meme