Aspiration co-founder sentenced to 14 years for fraud
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million. The startup, an eco-friendly digital banking…
Ex-girlfriend of former Google CEO ordered to pay him $10 million
An arbitrator has sided with former Google Chief Executive Eric Schmidt, ruling that he was not guilty of sexual assault against his former girlfriend and business partner Michelle Ritter. The…
Meta provides details about layoffs in Playa Vista and Menlo Park
Meta Platforms announced more details about its latest round of layoffs. As part of its already-announced plans to cut close to 10% of its workforce, more than 2,000 employees will…
‘People are getting hurt’: Florida suing OpenAI amid safety concerns
Florida sued OpenAI and its chief executive, Sam Altman, on Monday, alleging that the San Francisco tech company failed to inform people about the dangers posed by its popular artificial…
Malibu Bookstore Owner Wins 2026 Grit & Wisdom Award
The owner of Malibu’s only independent bookstore has been named one of ADP’s 2026 Grit & Wisdom Award winners, recognized for keeping her business open through a punishing series of…
AI company Anthropic files to list shares, heating up race with OpenAI
Anthropic, the company behind the powerful artificial intelligence chatbot Claude, has filed to go public, the company said Monday. The development comes days after the company raised $65 billion, valuing…
Pacific Palisades Teen Creates Miniature Memorial After Wildfires
When the January 2025 wildfires damaged his family’s Pacific Palisades home and devastated much of the surrounding community, Loyola High School junior Luca Dal Bello received money to replace what…