Lordstown Motors’ ousted CEO settles with SEC for misleading investors

March 22, 2024

Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck. Burns was ordered to pay a civil fine of $175,000 and cannot serve as an officer or director of […]

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Apple researchers explore dropping “Siri” phrase & listening with AI instead

March 22, 2024
Researchers from Apple are probing whether it’s possible to use artificial intelligence to detect when a user is speaking to a device like an iPhone, thereby eliminating the technical need for a trigger phrase like “Siri,” according to a paper published on Friday. In a study, which was uploaded to Arxiv and has not been…

Pitch Deck Teardown: Protecto’s $4M seed deck

March 22, 2024

In an era where data is king and its volume and complexity are exploding, Protecto aims to eliminate the long-standing dilemma businesses face between leveraging AI’s power while ensuring data privacy. As the adoption of generative AI tools like ChatGPT skyrockets, wayward data becomes easier to find, process and do naughty things with. Protecto’s APIs […]

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Truth Social SPAC could pay Trump’s astronomical legal bills – if board OKs it

March 22, 2024

Donald Trump’s beleaguered SPAC deal is finally going through, and just in time to pay nearly half a billion dollars owed over several legal actions — if the board agrees to let him sell. Let’s get all the acronyms out in the open. Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), has […]

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