Javice found guilty of defrauding JPMorgan in $175M startup purchase

March 28, 2025
Charlie Javice, the founder of student loan application startup Frank that was purchased by JP Morgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s […]

‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly

March 28, 2025
‘Tesla Takedown’ organizers have promised their biggest day of global action this weekend, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending.  As Tesla protests have spread, so has the backlash. Activists holding up signs are being conflated with masked vandals […]

Elon Musk says xAI acquired X

March 28, 2025
Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk said in the post. “xAI and […]