startup company – Charm

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

Cs news3 weeks ago07 mins

NEW YORK (AP) — Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of $175 million by greatly exaggerating how many students it served. Javice, 33, was sentenced in Manhattan…

Paul Michel | America risks losing the technology race to China | Columns

Cs news7 months ago09 mins

A potent mix of bureaucratic red tape and adverse court rulings is deterring U.S. startups and small businesses from investing in cutting-edge technologies – slowing our tech progress just when America needs to sprint to stay ahead of China. In fact, thanks to a combination of smart policies and massive investments in advanced technologies, China…