Mr. Watson, who denied lying to investors and lenders, faces up to 37 years in prison.
Category: Start-ups
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Google Close to Its Biggest Acquisition Ever, Despite Antitrust Scrutiny
The search giant’s negotiations to buy Wiz, a cybersecurity start-up, for $23 billion, come as the Biden administration has taken a hard line against consolidation in tech and other industries.
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Google Readies $23 Billion Deal for Wiz, a Start-Up, Despite Antitrust Scrutiny
The deal to acquire the cybersecurity company would easily be Google’s most expensive acquisition.
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The End of the Affair? Not for Eric Schmidt.
While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.
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$95 Million
The amount unaccounted for after the failure of a company that operated banking software for online financial start-ups.
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Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn
Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook.
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In Ukraine War, A.I. Begins Ushering In an Age of Killer Robots
Driven by the war with Russia, many Ukrainian companies are working on a major leap forward in the weaponization of consumer technology.
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Ozy Media Founder Takes the Stand to Deny Fraud Allegations
Carlos Watson was questioned after Ozy investors, former employees and bankers testified for the prosecution in his trial.
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The Big Number: $5 Billion
The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.
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Fisker Files for Bankruptcy as E.V. Maker’s Cash Runs Short
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
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How A.I. Is Revolutionizing Drug Development
In high-tech labs, workers are generating data to train A.I. algorithms to design better medicine, faster. But the transformation is just getting underway.