A whipsaw market and economic uncertainty are taking a toll on tech investing — and affecting venture capital's freewheeling zeitgeist.
1. Tech bubble watch:
One late-stage VC humbly mentioned that he knew, even before the pandemic officially set in, that the tech sector was due for a reset.The unusual number of tech execs and investors paying tens of thousands of dollars to play in the annual AT&T Pebble Beach Pro-Am charity golf tournament in February 2020.
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2 Kansas Men Illegally Exported Aviation Tech to Russia, Feds SayCyril Buyanovsky, 59, and Douglas Robertson, 55, allegedly sidestepped U.S. export laws to supply “Western avionics equipment” to Russian companies for their aircraft.
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Comcast Partners With Nonprofit to Develop Philly Students' Careers in TechComcast is partnering with the education nonprofit Heights Philadelphia to help develop local high school students for careers in computer science and technology.
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Ford Forms New Latitude AI Division To Develop Automated Driving Tech | CarscoopsCreated from the remnants of Argo AI, the subsidiary's goal is to improve BlueCruise and develop advanced driver assistance technologies
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Two Americans arrested on charges of selling tech to RussiaThe Justice Department has arrested two Kansas men on allegations that they illegally exported aviation-related technology to Russia and provided repair services for the equipment
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Two Americans arrested on charges of selling tech to RussiaCyril Gregory Buyanovsky and Douglas Robertson are charged with conspiracy, exporting controlled goods without a license, falsifying and failing to file electronic export information, and smuggling goods in violation of U.S. law.
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Two Americans arrested on charges of selling tech to RussiaThe charges come as the U.S. has drastically ramped up sanctions and financial penalties on Russia since its invasion of Ukraine began on Feb. 24, 2022.
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