Former tech CEO lied about financials during funding rounds: plea deal
Published Mon, 23 Dec 2024 19:34:19 GMT
(KRON) -- A former Silicon Valley tech CEO pleaded guilty to presenting false financial information to potential investors while raising money for his Silicon Valley-based startup HeadSpin, pursuant to a plea deal. HeadSpin is a data science-driven platform that helps businesses identify user experience issues and improve user engagement and app performance.Manish Lachwani, 41, of Los Altos, founded HeadSpin in 2015 as Chief Executive Officer. During his time as CEO from 2017 to 2020, Lachwani lied to potential investors about company finances that lead to a valuation of $1.1 billion, according to court documents. Lachwani pleaded guilty to fraud as part of a deal with the U.S. District Attorney's Office of Northern California. Antioch man arrested Thursday for 5th time this year Lachwani admitted providing inflated annual recurring revenue to investors including subscription fees from potential customers who had not agreed to pay, funds from customers who had stopped using HeadSp...11-year-old girl reported missing in Oakland found safe
Published Mon, 23 Dec 2024 19:34:19 GMT
(KRON) -- An 11-year-old girl who was reported missing in Oakland on Thursday has been found safe, according to the Oakland Police Department. Guadalupe Barrientos-Delgado had last been seen on Thursday, April 27 around 12:45 p.m. and was considered at risk due to her age. SFFD divers searching for person in the water off Embarcadero Guadalupe was last seen in the 2300 block of East 15th Street and was wearing a pink tank top, blue jeans and possibly a gray hooded sweatshirt with a pink logo, police said. She's described as an 11-year-old girl who is 5 feet tall, weighs 150 pounds and has brown hair and eyes. Police on Friday morning said that Guadalupe had been found safe but did not elaborate on when and where she was located.Bay City News contributed to this report.Tech-rooted groups seek to shake up San Francisco politics
Published Mon, 23 Dec 2024 19:34:19 GMT
SAN FRANCISCO (AP) — The tech entrepreneurs who flocked to San Francisco two decades ago bringing jobs and wealth, and also soaring housing prices and gentrification, are becoming a rising political force in a city they say is woefully off track.They are forming advocacy organizations — among them Together SF, Abundant SF and Grow SF — to pressure officials to tackle soaring housing costs, public drug dealing and other woes exacerbated by the COVID-19 pandemic.While the organizations differ in their priorities, they all say a small group of power brokers, many of them progressives, have prevented the city from solving some of its most pressing issues. The groups are highlighting fissures among Democrats in this liberal stronghold that has struggled to rebound from the pandemic.“In San Francisco there’s a lot of political ideology that holds people back from working together for the things that they actually agree on,” said Kanishka Cheng, who co-founded TogetherSF in 2020 with billi...Leclerc beats Verstappen to pole for Azerbaijan Grand Prix
Published Mon, 23 Dec 2024 19:34:19 GMT
BAKU, Azerbaijan (AP) — Charles Leclerc and Ferrari can start to hope again.Tenth in the standings and with only a seventh-place finish to his name this season, Leclerc edged past Max Verstappen in qualifying for the Azerbaijan Grand Prix on Friday to end Red Bull’s streak of pole positions in Formula One this season.That followed a tough start to 2023 for Ferrari and particularly for Leclerc, who swiftly saw his chances of challenging Verstappen for the title recede, with reliability issues and a car that was frequently the fourth-fastest in the pack behind Red Bull, Aston Martin and Mercedes.Leclerc and Verstappen had the exact same time midway through the final session of qualifying before both improved on their final runs, with Leclerc going faster by 0.188 seconds in his Ferrari to take pole in Baku for the third year in a row.“For sure I’m surprised. We came into the weekend thinking that it would be a great weekend if we are in front of Aston (Martin) and Mercedes...In Lebanon, Iran FM visits Israel border, extolls Hezbollah
Published Mon, 23 Dec 2024 19:34:19 GMT
BEIRUT (AP) — Iran’s top diplomat visited Lebanon’s border with Israel on Friday where he expressed support for the Lebanese militant Hezbollah group in its struggle against their common enemy: Israel.Foreign Minister Hossein Amirabdollahian began his visit to Lebanon since Wednesday, meeting top officials and expressing Tehran’s readiness to help build power stations in an effort to try to end the Mediterranean country’s prevailing electricity crisis.Lebanon is in the throes of the worst economic crisis in its modern history, rooted in decades of corruption and mismanagement by the small nation’s ruling class. The crisis erupted in October 2019 and has plunged three quarters of Lebanon’s 6 million people, including 1 million Syrian refugees, into poverty.Amirabdollahian visit to the border village of Maroun al-Ras came three weeks after Israel launched rare strikes into southern Lebanon, hours after militants fired nearly three dozen rockets from there at Israel, wounding two peopl...Smokey Robinson turns seductive with new album ‘Gasms’
Published Mon, 23 Dec 2024 19:34:19 GMT
NEW YORK (AP) — When Smokey Robinson started dating his-now wife more than 20 years ago, she didn’t want people to know about it. Robinson and Frances Glandney, who married in 2002, were part of a group of longtime pals and she knew they’d start gossipping about her and the legendary singer-songwriter. “When we first started started seeing each other, she wanted to keep it on the down-low. She didn’t want anybody to know because we were friends. And then all our friends were going to be talking about us,” Robinson said.Naturally, that became fodder for a song — “I Keep Calling.” Robinson has been holding onto it for years — complete with the lyrics “Simple things like touching in public/Private touches goin’ unseen” — until this month when it appears on his “Gasms” album, his first collection in almost a decade.“Gasms” finds the 83-year-old in a frisky mood, with the Motown icon writing a collection for the bedroom, with yearning across its nine tracks. Just a few titles...Biden declares Fort Lauderdale disaster area after flooding
Published Mon, 23 Dec 2024 19:34:19 GMT
FORT LAUDERDALE, Fla. (AP) — President Joe Biden declared Florida’s Broward County a disaster area Friday, two weeks after record-breaking rain left parts of Fort Lauderdale and its suburbs flooded. Gov. Ron DeSantis had requested the declaration earlier this week. The declaration makes Broward residents and business owners who incurred damage to their homes and other property eligible for a wide range of federal loans and other assistance. Local governments and nonprofit organizations are also eligible.More than 2 feet (0.6 meters) of rain fell in some parts of the county on April 12. The 1-in-1,000-year deluge left some neighborhoods with up to 3 feet (0.9 meters) of water. About 1,000 homes were severely damaged, according to the state.The flooding also closed the airport for almost two days. Gas deliveries to the port were also slowed, causing long lines at the pump.The Republican governor is expected to soon announce that he will seek his party’s nomination to challenge B...Ed Sheeran adds intimate Denver show for 1,800 fans
Published Mon, 23 Dec 2024 19:34:19 GMT
DENVER (KDVR) — Singer and songwriter Ed Sheeran is set to visit the Mile High City during his stadium tour in August, but the English superstar has just announced a second Denver date. This show will be in a very intimate and small venue. The "Subtract Tour" was announced on Friday and it is described as a special run of tours that will coincide with Sheeran's massive stadium tour, "The Mathematics Tour."So, on Aug. 18, Sheeran will bring his one-of-a-kind intimate tour to the Paramount Theatre in Denver. The show will indeed be intimate because the theater only has a capacity of 1,865. Ed Sheeran to bring ‘+ – = ÷ x Tour’ to Empower Field in Denver This new tour follows his forthcoming album "Subtract," which will be released on May 5."Written against a backdrop of grief and hope, Ed wrote and recorded the fourteen-track record with Aaron Dessner (of The National) in February last year after a series of hard-hitting events impacted his life," said a press release about Sheeran's...6 gallons of chemical solvent dubbed ‘coma in a bottle’ destined for Florida seized: CBP
Published Mon, 23 Dec 2024 19:34:19 GMT
HILLSBOROUGH COUNTY, Florida (WFTS) — Six gallons of a chemical solvent known as liquid ecstasy or “coma in a bottle” destined for Hillsborough County were seized in Philadelphia, U.S. Customs and Border Protection (CBP) officers announced this week.According to a press release, the gallons of gamma-butyrolactone (GBL) arrived in two shipments from France and were meant to go to an address in Hillsborough County.GBL is a DEA Schedule 1 controlled substance, according to CBP. It’s used as a date-rape drug and by bodybuilders to increase growth hormone, the press release from U.S. Customs and Border Protection said.GBL is a chemical analog of gamma-hydroxybutyric acid (GHB), a highly addictive central nervous system depressant that poses potentially severe health consequences, including respiratory distress, coma and death, according to the DEA.When used as intended, officials said GBL is an industrial solvent that strips paint and rust.No arrests have been mad...Jimmy Butler, the most interesting man in the Heat world
Published Mon, 23 Dec 2024 19:34:19 GMT
MIAMI (AP) — Jimmy Butler is different.Some players hit beaches over All-Star break; Butler went to Argentina to watch tennis and learn about coffee. Some players rest with one day off between games; Butler spent 10 hours flying round-trip to be at Pau Gasol’s Los Angeles Lakers jersey retirement one night and back in Miami for shootaround the next morning. Some Miami teammates jumped around the locker room to celebrate after eliminating top-seeded Milwaukee; Butler simply watched while sipping a drink.He does things his way, which is not a bad thing — and the results prove it. Butler has led Miami to the Eastern Conference semifinals for the third time in his four seasons with the Heat; this year, a matchup with the New York Knicks awaits, starting Sunday.“He wants to live an interesting life,” Heat coach Erik Spoelstra said. “You’ve got to respect that. But he is very serious about winning.”Very, very serious. A championship is what lured Butler...Latest news
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