Friday’s top tech news: 1080p but better
Remember Ozy Media, the company with splashy New York events, star guests, high-profile writers, and no readers?
Its 2021 shutdown followed this NYT article (called a “hit job” at the time by founder and CEO Carlos Watson) exposing the whole thing as a sham, reporting COO Samir Rao pretended to be a YouTube executive while on a call with potential investors.
Now Rao has pleaded guilty while Watson has been arrested, with prosecutors calling him a con man whose lies didn’t stop there:
Watson directed Ozy’s then-Chief Financial Officer (CFO) to send the bank a fake signed contract between Ozy and the cable network purporting to be for the second season. When the then-CFO refused, Rao, with Watson’s approval, sent the fake contract — which contained terms favorable to Ozy and a forged signature — to the bank, copying the then-CFO.
Later that day, the then-CFO emailed Watson and Rao to say that she was resigning effective immediately. She explained, “this . . . is illegal. This is fraud. This is forging someone’s signature with the intent of getting an advance from a publicly traded bank.” She continued, “To be crystal clear, what you see as a measured risk — I see as a felony.”
Remember Ozy Media, the company with splashy New York events, star guests, high-profile writers, and no readers? Its 2021 shutdown followed this NYT article (called a “hit job” at the time by founder and CEO Carlos Watson) exposing the whole thing as a sham, reporting COO Samir Rao pretended to…
Recent Posts
- UnitedHealth confirms major cyberattack, says hackers stole “substantial” amount of patient data
- Samsung’s new glare-free OLED S95D TV is receiving its first cash discount
- Fortnite dev reveals reason why Metroid’s Samus didn’t join the game, says Nintendo was ‘hung up’ about its characters being on other platforms
- Nobody needs to spend $160 on a gaming mouse, but Razer’s new Viper V3 Pro is excellent anyway
- Razer’s Viper V3 Pro mouse puts its dongle where it belongs
Archives
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- December 2011