The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others

Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions, and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and to bar him for serving as a corporate […]

Dawn Aerospace conducts five flights of its suborbital spaceplane

While the rocket launch sector is quickly becoming crowded, the same can’t be said for companies developing suborbital spaceplanes. This means there’s plenty of room to grow for startups like Dawn Aerospace, which has now completed five test flights of its Mk-II Aurora spaceplane that is designed to fly up to 60 miles above the […]

Salad chain Sweetgreen buys kitchen robotics startup Spyce

Like so many other aspects of the robotics world, the pandemic has dramatically accelerated interest in the automated kitchen. After all, the food and restaurant industry was deemed essential amid global shutdowns, but finding kitchen staff proved a problem for many, especially early on when questions remained around COVID’s transmission. This week, California-based fast casual […]

Inspired by Airbnb, Hims & Hers offers 10,000 free medical visits to displaced Afghan refugees

Hims & Hers co-founder and CEO Andrew Dudum said Thursday that his company is in the process of distributing 10,000 primary care and mental health visits to displaced Afghan refugees. Founded in 2017, San Francisco-based Hims & Hers has built out a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals. In a blog […]