Categories Regulations

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Copy paste programmers

Um, where is the SEC when it comes to SPACs and conflicts of interest?

Earlier today, TechCrunch’s Kirsten Korosec reported that the autonomous vehicle startup Aurora is close to finalizing a deal to merge with one of three blank-check companies that have been formed to date by renowned entrepreneurs Reid Hoffman and Mark Pincus and a third partner in these deals, Michael Thompson, who […]

Copy paste programmers

Mike Cagney is testing the boundaries of the banking system for himself and others

Founder Mike Cagney is always pushing the envelope, and investors love him for it. Not long after sexual harassment allegations prompted him to leave SoFi, the personal finance company that he cofounded in 2011, he raised $50 million for a new lending startup called Figure that has since raised at […]

FTC fines kids’ app developer HyperBeard $150K for use of third-party ad trackers

The U.S. Federal Trade Commission (FTC) today announced a settlement of $150,000 with HyperBeard, the developer of a collection of children’s mobile games over violations of U.S. Children’s Online Privacy Protection Act Rule (COPPA Rule). The company’s applications had been downloaded more than 50 million times on a worldwide basis […]