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Letter: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow in 2022 over their past misleading statements to current and potential investors (Erin Woo/The Information) 21-07-2023

Erin Woo / The Information: Letter: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow in 2022 over their past misleading statements to current and potential investors  —  The Securities and Exchange Commission subpoenaed e-commerce software startup Bolt and sent a notice to co-founder … Lees verder op Tech Meme

Amazon settles with the US DOJ and the FTC for $25M over not complying with parents' requests to delete their kids' Alexa voice recordings and geolocation data (Sergiu Gatlan/BleepingComputer) 21-07-2023

Sergiu Gatlan / BleepingComputer: Amazon settles with the US DOJ and the FTC for $25M over not complying with parents’ requests to delete their kids’ Alexa voice recordings and geolocation data  —  The U.S. Justice Department and the Federal Trade Commission (FTC) announced that Amazon has agreed to pay a $25 million fine … Lees verder op Tech Meme

Autonomous trucking company Aurora Innovation raised $600M in a private placement of its stock, at $2.70/share, and plans a ~$220M public offering, at $3/share (Rebecca Bellan/TechCrunch) 21-07-2023

Rebecca Bellan / TechCrunch: Autonomous trucking company Aurora Innovation raised $600M in a private placement of its stock, at $2.70/share, and plans a ~$220M public offering, at $3/share  —  Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024 … Lees verder op Tech Meme

Activision Blizzard lays off ~50 esports employees and asks Overwatch League teams to vote on an updated operating agreement, and to decide the league's future (Ash Parrish/The Verge) 21-07-2023

Ash Parrish / The Verge: Activision Blizzard lays off ~50 esports employees and asks Overwatch League teams to vote on an updated operating agreement, and to decide the league’s future  —  Amid layoffs in the Activision Blizzard esports department, Overwatch League franchise owners will vote on whether to continue the league in its current format. Lees verder op Tech Meme

Sources: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow last year over past misleading statements to current and potential investors (Erin Woo/The Information) 21-07-2023

Erin Woo / The Information: Sources: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow last year over past misleading statements to current and potential investors  —  The Securities and Exchange Commission subpoenaed e-commerce software startup Bolt and sent a notice to co-founder and former CEO Ryan Breslow … Lees verder op Tech Meme