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VOICE ARCHIVE

Dave Michaels

@davidamichaels
7 posts
2025-04-12
VCs so eager to throw money at the next AI thing they can't sniff out a guy who claims to automate the retail check out process, but instead “relies heavily on teams of human workers...to manually process transactions” ? https://www.justice.gov/...
2025-04-12 View on X
TechCrunch

The DOJ charges AI shopping app Nate's ex-CEO, Albert Saniger, with fraud, alleging the app relies heavily on workers in the Philippines; Nate had raised $50M+

#RIPNate Paul Rietschka / @prietschka : Can't wait until more and more of the ‘agentic’ revolution turns out to be (1) just ‘500 employees in Hyderabad,’ and (2) has some high-prof...

2025-04-11
VCs so eager to throw money at the next AI thing they can't sniff out a guy who claims to automate the retail check out process, but instead “relies heavily on teams of human workers...to manually process transactions” ? https://www.justice.gov/...
2025-04-11 View on X
TechCrunch

The DOJ charges AI shopping app Nate's ex-CEO, Albert Saniger, with fraud, alleging the app relies heavily on workers in the Philippines; Nate had raised $50M+

Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience …

2021-10-13
Facebook whistleblower Frances Haugen's claims don't look like a classic securities fraud case, but the SEC will feel pressure to investigate. https://www.wsj.com/... via @WSJ
2021-10-13 View on X
Washington Post

Regulating social media algorithms, an increasingly appealing idea among US lawmakers, is very hard to get right without running afoul of the First Amendment

Whistleblower Frances Haugen says the software that decides what we see in our social feeds is hurting us all.  But reforming it won't be easy.

Facebook whistleblower Frances Haugen's claims don't look like a classic securities fraud case, but the SEC will feel pressure to investigate. https://www.wsj.com/... via @WSJ
2021-10-13 View on X
Wall Street Journal

Frances Haugen's lawyer says the SEC has been communicating with her lawyers, but experts say her allegations don't resemble a typical securities fraud case

2021-10-12
Facebook whistleblower Frances Haugen's claims don't look like a classic securities fraud case, but the SEC will feel pressure to investigate. https://www.wsj.com/... via @WSJ
2021-10-12 View on X
Axios

Whistleblower Frances Haugen accepts an invitation to brief Facebook's Oversight Board, which she claims Facebook has lied to “repeatedly”

Ivana Saric / Axios : Source: Oversight Board .

Facebook whistleblower Frances Haugen's claims don't look like a classic securities fraud case, but the SEC will feel pressure to investigate. https://www.wsj.com/... via @WSJ
2021-10-12 View on X
Wall Street Journal

Frances Haugen's lawyer says the SEC has been communicating with her lawyers over her claims about Facebook

Whistleblower allegations don't resemble a typical securities-fraud case, but the pressure to investigate is strong  —  WASHINGTON—The controversy over what Facebook Inc …

2020-08-14
Despite Trump threat of delisting Chinese stocks here, new IPOs still happening —> “If some-how the [US] list­ing rules are changed and the doors are closed on Fri­day, you'll prob­a­bly see a Chi­nese IPO on Thurs­day.” Via ⁦@jingyanghk⁩ https://www.wsj.com/...
2020-08-14 View on X
Wall Street Journal

Despite tensions between the US and China, more than 20 Chinese companies went public in 2020 on Nasdaq or NYSE, raising $4B according to Dealogic data

More than 20 Chinese companies have gone public on the Nasdaq or NYSE this year  —  The U.S. remains a magnet for initial public offerings … Tweets: @auditchina , @wsjmarkets , @da...