Authorities on Wednesday arrested the co-founder of a Silicon Valley startup once valued at more than $1 billion for allegedly providing false key financial metrics to venture capital investors. Manish Lachwani, who co-founded the privately-held mobile app testing company HeadSpin in 2015, was criminally charged with securities and wire fraud after a Department of Justice investigation ...
startups venture capital
Prosecutors Charge Startup Founder For Allegedly Lying to VCs About Revenue
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Don’t Build the Wrong Kind of AI Business
At a catch-up coffee a few weeks ago, a founder friend asked me, “What AI thing should we build?” It was the third time that week a founder had asked me the same question. Generative artificial intelligence is 99% of the buzz in Silicon Valley right now. In just the last few weeks, Open AI released GPT-4, its most advanced language model to date; Google announced AI for the...
Apple Launches “Pay Later” Installment Loans
Sam Bankman-Fried Charged With Paying $40 Million to Bribe Chinese Official
Amazon Opens ‘Sidewalk’ Wireless Network to Outside Developers
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups electric vehicles
SpaceX Plans New Funding With Backing From Saudi, UAE Investors
Surreal Estate real estate
Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough Month