Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan 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 customer [...]
More domains will be monetized with ad networks that don’t do a good job of stopping scams and malware. Google is opting all advertisers out of AdSense for Domains, which will likely lead to the ad program’s demise. This is a blow to domain monetization and the domain industry as a whole. But beyond that, [...]
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear [...]
Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hinge on being able to offer vehicle types popular with American drivers. The Gravity is Lucid’s second vehicle and its first SUV [...]
YC-backed startup Taxo has raised a $5m seed round to save doctors time and money on admin work.
OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way. But this week, it wasn’t just the company funding news making headlines — its new image generator went live in ChatGPT, with capabilities including the ability to turn ordinary images into Studio Ghibli-style animation stills. While AI-generated art [...]
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