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Search resuls for: "BloomTech"


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The CFPB issued an order against coding boot camp BloomTech and CEO Austen Allred. The CFPB said BloomTech, formerly known as Lambda School, deceived students. The Consumer Financial Protection Bureau issued an order against coding boot camp BloomTech and its CEO, Austen Allred, on Wednesday. The CFPB said the coding boot camp, previously known as Lambda School, deceived students about the cost of loans and made false claims about graduates' hiring rates. In addition, BloomTech must pay $64,000 and Allred must pay $100,000 in civil penalties, which will go toward a victim relief fund, according to the agency.
Persons: Austen Allred, BloomTech, CFPB, Allred Organizations: Lambda School, Consumer Financial, Business
Some people have taken to renting out SpaceX Starlink kits on Facebook Marketplace. One startup CEO said he'd found a renter that was making $5,000 a month renting out seven devices. People are taking to Facebook Marketplace to rent out SpaceX's Starlink satellite internet for vacationers and remote workers. Facebook MartketplaceInsider identified over a dozen Starlink rental listings on Facebook Marketplace with prices ranging from $25 to $35 per day. Facebook Marketplace isn't the only place people are attempting to turn Starlink into a side hustle.
Persons: he'd, Austen Allred, Allred, Thomas Sands, McKenzie Coffman, Coffman, PCMag, Elon Organizations: SpaceX, Facebook, Morning Locations: North Carolina
Yaccarino already has a parody Twitter account – and it's "suspended" Musk. More than four months after vowing to step down as Twitter's CEO, Elon Musk has finally found someone to replace him. While she won't start until June, someone's already created a parody account under the username @lindayaccarina – and one of its first actions was to "suspend" Musk's Twitter account. The account, which states in its bio that it's an "official parody account of the Twitter ceo," already has 13,000 followers. Twitter responded to Insider's request for comment with an automated message that didn't address the inquiry.
Elon Musk announced the hire of Linda Yaccarino as the new CEO of Twitter Friday. Some conservatives are upset over her ties to the World Economic Forum, where she chairs a committee. Liberal Twitter users have pointed out that she follows and likes tweets from prominent conservatives. Some high-profile Twitter conservatives like "Catturd" also chimed in on Friday, taking issue with Yaccarino and claiming she is "deeply infected with the woke mind virus." Left-leaning Twitter users pointed out a list of conservative accounts Yaccarino follows and likes tweets, from including Catturd, Florida Gov.
Students of the Bloom Institute of Technology have filed a class action lawsuit against the school. They say the coding bootcamp, formerly known as Lambda School, advertised false job placement rates. While students have previously taken legal action against BloomTech, this is the first class action lawsuit against it. Former BloomTech students said that the school fell short of its promise with under-qualified instructors and an incomplete curriculum, Insider first reported. Leaked documents also showed that BloomTech's job placement rates were much lower than advertised, Insider previously reported.
AUSTEN ALLRED is a pretty typical tech guy. Until Covid, he lived in an affluent San Francisco neighborhood (he’s now based in Ephraim, Utah). Pre-pandemic, Allbirds were the dominant shoes among the clients of San Francisco dating coach Eddie Hernandez, including many tech professionals. Silicon Valley personal brander and stylist Victoria Hitchcock, most of whose 100 clients are dot-com types, has observed a similar disappearing act. Though she says she’s never advised anyone to buy Allbirds, about 40 of her clients sported them in 2019, she recalled.
GoStudent held a company-wide all-hands meeting Thursday after a fresh wave of layoffs. The number of employees affected isn't clear, but Slack screenshots show members dropping by 370 over two days. Screenshots of GoStudent's Slack seen by Insider show the number of members dropping by 370 over two days. GoStudent u-turned on perks intended to combat rising inflationScreenshots of the company's Slack channels show employee confusion in response to the layoffs. According to public layoffs tracker Layoffs.fyi, almost 1,000 tech companies have cut more than 150,000 staff.
SoftBank-backed education startup GoStudent is cutting jobs for the second time in three months. The Austrian startup has already cut roles in Italy, Germany, and Vienna, Insider understands. GoStudent has raised $686 million to date and is also backed by Coatue and Prosus. GoStudent, a $3 billion edtech startup backed by some of the world's biggest tech investors, has started laying off staff for the second time in three months, Insider understands. According to public layoffs tracker Layoffs.fyi, almost 1,000 tech companies have cut more than 150,000 staff.
A self-driving-car developer and hacker tweeted that he's doing a 12-week internship at Twitter. Twitter's owner, Elon Musk, replied: "Sure, let's talk." Hotz replied, "Cool, my phone number hasn't changed," and added that he's "not the guy" if Musk wanted "long term stability." Before offering to do the internship, Hotz asked how people on Twitter felt about "the quality of Twitter search" and what it would take for people to ditch Google for searching on Twitter. Hotz replied that it was "true" and that he would "look into if there's some easy way to improve this."
A self-driving car developer and hacker tweeted that he's doing a 12 week internship at Twitter. Hotz replied with, "Cool, my phone number hasn't changed," and added that he's "not the guy" if Musk wants "long term stability." Before offering to do the internship, Hotz asked how people on Twitter feel about "the quality of Twitter search," and what it would take for people to ditch Google for searching on Twitter. Hotz replied that it was "true" and that he "Will look into if there's some easy way to improve this." Musk and Hotz also have a history, as outlined in a 2015 Bloomberg feature about Hotz developing self-driving car technology.
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