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19.04.26 - 02:48
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′Money Laundering′? Newsom Used Donations To Inflate Book Sales (ZeroHedge)
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'Money Laundering'? Newsom Used Donations To Inflate Book Sales
Authored by Luis Cornelio via HeadlineUSA,
California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom's own super PAC using donor funds.
FILE - California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer, File)
The book, published March 10 and centered on Newsom's upbringing in California, has reportedly sold 97,400 copies since its release. Of those, 67,000 were purchased by Newsom's Campaign for Democracy Committee through a donation-for-book scheme,
The leftist New York Times reported Friday that the PAC urged supporters to make donations in exchange for a copy of the book, effectively turning each contribution into a guaranteed sale.
Critics described the setup as a potential money-la...
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19.04.26 - 01:06
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Taiwan networking firms post strong 1Q26 results on data center, Wi-Fi 7 demand (Digitimes)
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Taiwan's networking equipment makers reported stronger-than-seasonal performance in the first quarter of 2026, supported by demand from AI data centers and upgrades to Wi-Fi 7. Accton Technology, Sercomm and WNC each posted record revenue for the period. However, rising memory prices are beginning to pressure cost structures across the sector....
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18.04.26 - 18:27
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Former AI SPAC Executives Indicted For Fabricating "Virtually All" Revenue And Customers (ZeroHedge)
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Former AI SPAC Executives Indicted For Fabricating "Virtually All" Revenue And Customers
What looked like a booming AI company was, prosecutors say, an audacious house of cards built on deception.
iLearningEngines (former stock symbol AILE) executives allegedly fabricated virtually every pillar of their business—customers, revenues, and contracts—to cash in on the AI hype and dupe both everyday investors and major institutions.
The scheme involved creating entire fake client ecosystems: shell companies with polished websites, insiders or relatives posing as corporate executives, and bogus multimillion-dollar agreements designed to withstand scrutiny, according to a DOJ press release. As U.S. Attorney Joseph Nocella put it, the company's pitch of AI innovation masked something far more fraudulent: “the truly artificial part of the defendants' story was iLearning's customers and revenues.”
The scale of the alleged deception was staggering. The company reported soaring growt...
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18.04.26 - 10:12
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Vor den Zahlen einsteigen? Bei diesen drei Earnings-Krachern sind Überraschungen vorprogrammiert! (Ariva)
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Die Berichtssaison nimmt insbesondere in den USA an Fahrt auf und wird für Überraschungen sorgen. Besonders groß könnten die bei diesen 3 Werten ausfallen. Quartalssaison: Anleger wetten auf starke Ergebnisse Die Vorfreude auf die Quartalssaison, insbesondere gegenüber den wachstumsstarken US-Technologiekonzernen, hat in den vergangenen Tagen wesentlich mit zur Erholung der nach dem Iran-Krieg schwer gezeichneten Aktienmärkte beigetragen. ......
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