Tag Archives: founder

SoftBank founder Son makes his biggest bet by staking the future on AI

SoftBank founder Son makes his biggest bet by staking the future on AI

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. Son says artificial superintelligence (ASI) …

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Bobby Whitlock, Derek and the Dominos founder, dies at 77

Bobby Whitlock, Derek and the Dominos founder, dies at 77

Bobby Whitlock, the musician who co-founded Derek and the Dominos with Eric Clapton, has died, according to his manager. He was 77. Whitlock died Sunday morning of cancer, manager Carol Kaye confirmed to CBS News. He was surrounded by his family in Texas, Kaye said.  The singer-songwriter was a keyboard player and vocalist for Derek and the Domino, the rock …

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Trump voter and Montana Knife Co. founder feels tariff pain: His $515,000 sharpener from Germany is set to cost another $77,250

Trump voter and Montana Knife Co. founder feels tariff pain: His 5,000 sharpener from Germany is set to cost another ,250

As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2% to 4.5%. “There’s going to be a cash squeeze for a lot of these firms,” said Chris Bangert-Drowns, …

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Elon Musk Goes ‘Founder Mode’ on Samsung Chip Deal

Elon Musk Goes ‘Founder Mode’ on Samsung Chip Deal

Two particular lines in Elon Musk’s posts about Tesla’s new chip deal highlight just how far his “founder mode” approach extends. In this case, right down to his stated terms of Tesla’s manufacturing agreement with Samsung. In a $16.5 billion deal, Samsung will produce Tesla’s new AI6 chip from the manufacturing plant it is building in Taylor, Texas, which is …

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MyPillow Founder, Mike Lindell, Will Not Pay out ‘Challenge’ Winnings, Appeals Court Rules – The New York Times

MyPillow Founder, Mike Lindell, Will Not Pay out ‘Challenge’ Winnings, Appeals Court Rules  The New York Times Appeals court hands Mike Lindell win in fight over $5M election fraud contest  The Hill Trump ally Lindell wins appeal in lawsuit over $5 million 2020 election contest  Reuters Mike Lindell celebrates victory after appeals court voids $5M award in election data dispute  AP News Appeals court …

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N.J. tech fashion company founder accused of $300M fraud

N.J. tech fashion company founder accused of 0M fraud

The founder of CaaStle, a clothing technology business, was accused of defrauding investors out of $300 million, officials with the U.S. Attorney’s Office in the Southern District of New York said. Christine Hunsicker, 48, of Lafayette is charged with two counts of securities fraud, one count of money laundering, one count of making false statements to a financial institution and …

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Fashion startup founder charged with $300 million fraud

Fashion startup founder charged with 0 million fraud

NEW YORK (AP) — A former chief executive of two clothing technology companies who was once portrayed as an on-the-rise fashion entrepreneur has surrendered to face charges in an indictment unsealed Friday alleging that she cheated investors of over $300 million over the last six years. Christine Hunsicker, 48, of Lafayette, New Jersey, was charged with six counts, including fraud, …

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Fashion startup founder charged with $300 million fraud

Fashion startup founder charged with 0 million fraud

NEW YORK (AP) — A former chief executive of two clothing technology companies who was once portrayed as an on-the-rise fashion entrepreneur has surrendered to face charges in an indictment unsealed Friday alleging that she cheated investors of over $300 million over the last six years. Christine Hunsicker, 48, of Lafayette, New Jersey, was charged with six counts, including fraud, …

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CaaStle founder charged with fraud, turns herself in

CaaStle founder charged with fraud, turns herself in

Christine Hunsicker, founder of the fashion startup CaaStle, turned herself in to authorities Friday to face fraud charges, authorities confirmed to Bloomberg.  The U.S. Attorney for the Southern District of New York unsealed an indictment against her, charging her with wire fraud, securities fraud, money laundering, aggravated identity theft, and lying to financial institutions. She is accused of defrauding her …

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