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“This is unprecedented in terms of volume, scale and massiveness in dollar impact of noncompliance,”...
The Verge· 8 hours agoHe and Burck are having a back-and-forth now about the appropriateness of jail time as recommended by the probation department.
Google's (GOOGL) board authorizes a $70 billion increase to share buyback program
Shacknews· 5 days agoGoogle was one of the latest large tech companies to report on its recent quarterly earnings results...
Deliver Us Mars Developer Lays off Entire Staff; Kickstarter Still Coming - Try Hard Guides
Try Hard Guides· 11 hours agoDeliver Us Mars developer KeokeN Interactive announces layoffs after an unsuccessful search for...
Probation department is speaking now.
The Verge· 8 hours agoThey’re recommending a custodial sentence of 5 months, which they feel is enough to deter defendant and others “without being unnecessarily harsh.” It would be one of the longest sentences for such conduct in this country.
Judge Richard Jones has a question.
The Verge· 8 hours agoThe government’s request is double the top end of the guideline range. Wouldn’t that create a disparity in sentencing? Mosley argues that the disparity is in the magnitude of the conduct, and because CZ is an individual who directed it.
“He never minimized his conduct,” says Mark Bartlett, CZ’s lawyer.
The Verge· 8 hours agoHe “admitted his mistake,” Bartlett says, and asks whether there is anything else CZ could possibly have done to show remorse. Bartlett says he can’t think of anything else.
Defense speaking now.
The Verge· 8 hours ago“When I hear the government discussing the crime here, they don’t seem to be discussing the actual crime,” which is that CZ pleaded guilty to not having an anti-money laundering program. The sanctions violations are irrelevant.
Sundar Pichai just showed the doubters he's the right general for Google's AI battle
Business Insider· 5 days agoAlphabet's blockbuster first-quarter earnings and first dividend sent its stock soaring and come as...
Alphabet earnings should show AI boosts, but Google still faces many clouds
Morningstar· 6 days agoAs analysts forecast a rebound in ad spending, ongoing cloud sales and future artificial-intelligence riches, some are also pointing a shaky finger at deepening layoffs, regulatory ...
Court finds the defendant has accepted responsibility, says Judge Richard Jones.
The Verge· 9 hours agoWe are now going to hear from the government, then probation, then the defense. No one else will speak, as far as we know.