South Carolina lawyer Alex Murdaugh now faces embezzlement charges
Alex Murdaugh, a South Carolina lawyer accused of arranging to have himself shot so his son could collect an insurance payout, is facing new charges accusing him of embezzling settlement funds related to the 2018 death of his housekeeper.
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🚀 Federal Reserve Bans Bank Employee for Embezzlement
The Federal Reserve has issued a prohibition order against Mollie Morrow, a sales representative at United Bank, following accusations of embezzling $33,136 during the bank's ATM replenishment process. According to NS3.AI, Morrow pleaded guilty to the charges and has been ordered to make full restitution. Additionally, she has agreed to a ban from participating in the affairs of federally insured banks, foreign banks, and their subsidiaries.
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Major Moves in Tech and AI
🔹Avito acquires two advertising services: AdRiver and Soloway; no deal amount disclosed but estimates range from 0.5-2.5 billion rubles. More on this from RBC.
🔹Perplexity raises $500M at a $9B valuation. The AI startup specializes in delivering prompt answers to users. Previous valuation was at $3B; read more on Bloomberg.
🔹 Formerly known as TuSimple, the self-driving truck company rebrands to CreateAI, focusing on AI for video games after abandoning its trucking ambitions. Article on CNBC.
🔹 Ex-investment director of RUSNANO, Nail Gubaev, under investigation for alleged embezzlement, signs contract with the Ministry of Defense, prompting a suspension of prosecution. Details in Kommersant (link).
🔹 Insights from Smart Ranking show Russia’s medtech market grew 40% in Q3, with companies like Steplife (+258.5%) and Motorika (+190.95%) leading the growth in prosthetics. More info here: Kommersant.
🔹Broadcom reports a 220% revenue rise, solidifying its status as a $1 trillion company amidst soaring chip demand for AI. Read more on Business Insider.
#Avito#Advertising#Funding#AI#Perplexity#TuSimple#CreateAI#MedTech#Prosthetics#Broadcom#RevenueGrowth#NVIDIA#Embezzlement#TechNews#Startups#China#MarketTrends#Innovation#Investments#MarketValuation#TechAcquisition