Start-Up Founder Sentenced to 18 Months in Prison for Fraud

Another start-up founder is going to prison for overstating his company’s performance to investors. Manish Lachwani, who last year pleaded guilty to three counts of defrauding investors at his software start-up, HeadSpin, was sentenced to one and a half years in prison on Friday. He will also pay a fine of $1 million. Government prosecutors … Read more

Tesla Will Recall Cybertruck in Latest Setback

Tesla has agreed to recall nearly 4,000 of its Cybertruck pickups to fix an accelerator pedal that can get stuck, raising the risk of crashes, a federal safety agency said on Friday. The defect could cause the vehicle to accelerate unintentionally, the National Highway Traffic Safety Administration said in a notice posted on its website. … Read more

The Music Episode – The New York Times

Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube This week, we drop the Hard Fork Music Megamix. Plus, we talk to two of The New York Times’s composers who make the music for our show. It’s all the tracks you know and love, all in one place. Today’s Guests: Dan Powell, … Read more

How TikTok Changed America – The New York Times

An Incomplete Guide Love, Hate or Fear It, ​​TikTok Has Changed America As lawmakers argue for TikTok to be sold, some of the app’s most popular memes, from skateboarding with a Fleetwood Mac soundtrack to the renegade dance, have been seen tens of millions of times. Introduction by Sapna Maheshwari April 19, 2024 Has there … Read more

Netflix Added More Than 9 Million Subscribers in First Quarter

Netflix added 9.3 million subscribers in the first quarter of 2024, it announced on Thursday, outperforming analysts’ expectations and solidifying its status as the entertainment industry’s dominant streaming company. It also generated $2.3 billion in net income and its revenue was $9.3 billion, 15 percent higher compared with the same time last year. Netflix now … Read more

Micron Will Receive $6.1 Billion to Build Semiconductor Plants

The Biden administration will give Micron up to $6.1 billion in grants to help build its semiconductor plants in New York and Idaho, the latest multibillion dollar award aimed at ramping up the nation’s production of vital semiconductors. Senator Chuck Schumer, Democrat of New York and the majority leader, announced the grant on Thursday and … Read more