AI gets its own “boiler room” scandal
The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.
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Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends
“Our message is not that we’re coming after jobs,” Rillet CEO Nicolas Kopp told Fortune. “That’s just not correct.”
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California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
Billionaires have amassed a nine-figure war chest to defeat Proposition 40 as polls show California voters are nearly split on the one-time tax.
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The difficult truth about Jason Arday
From the beginning, investigations were accompanied by a cloud of excessive references to his race
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AI phobia is America’s new consensus
Trump is uncharacteristically deaf to voter fears over the technology
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UAE suspends trade with Iran after saying it fired missiles at Gulf state
Defence ministry says weapons were targeting maritime traffic but fell into the sea
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Airlines in ‘stand-off’ over price cuts as jet fuel costs ease
Carriers are keen to protect the fare increases they brought in after start of Iran conflict
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Soaring diesel prices rip across US economy
Rising fuel costs threaten new jolt of inflation ahead of November’s midterm elections