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☆ Google cofounders Larry Page and Sergey Brin gave $438 million to charities through their foundations last year. Here's where the tech gurus' huge donations went.
▼ + stars: | 2022-12-14 | by ( Rob Price | Hugh Langley | ) www.businessinsider.com time to read: +8 min

In 2021, Google's cofounders, Larry Page and Sergey Brin, collectively gave away nearly half a billion dollars from their philanthropic foundations. 2 moguls, 2 different approaches to charitiesBrin's personal foundation, the Sergey Brin Family Foundation, disbursed roughly $250 million in both 2020 and 2021. The Sergey Brin Family Foundation lists three key officers. Brin's and Page's philanthropic donations, while extensive, represent a fraction of their net worths. Brin donates directly to the Sergey Brin Family Foundation, while Page's contributions to the Carl Victor Page Memorial Foundation are routed through a limited-liability company named Florida LLC.

☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
▼ + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +33 min

Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.

☆ Former MoviePass executives face fraud charges
▼ + stars: | 2022-11-06 | by ( Jennifer Korn | ) edition.cnn.com time to read: +4 min

The men each face one count of securities fraud and three counts of wire fraud with a maximum of 20 years in prison. Farnsworth had a first appearance in DC District Court Friday after he voluntarily turned himself in. But MoviePass’ business model was at best unsustainable — and at worst nonexistent. Spikes helped found MoviePass before being pushed out in 2018 after selling the company to HMNY. Details remain scarce, but the company says the new MoviePass will have three pricing tiers that will cost $10, $20 or $30, depending on the market.

☆ Ex-MoviePass Executives Are Charged in Securities Fraud Case
▼ + stars: | 2022-11-05 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

MoviePass, a Netflix-like subscription service for movie theaters, made a splash in 2017 when it made its debut. Former executives at MoviePass and its prior parent company were charged in a securities fraud case, accused of defrauding investors, the Justice Department said Friday. Former MoviePass CEO J. Mitchell Lowe and Theodore Farnsworth , who led Helios & Matheson Analytics Inc., the movie-subscription company’s parent at the time, are accused of engaging in a fraudulent scheme to inflate the company’s stock and attract new shareholders, the Justice Department said.

☆ Federal prosecutors charge ex-CEOs of MoviePass, parent company in alleged fraud scheme
▼ + stars: | 2022-11-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Former executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was unsealed Friday. MoviePass skyrocketed to popularity in 2017 because of its seemingly too-good-to-be-true unlimited movie pass that initially offered customers one movie voucher per day for $30 to $40 a month. However, many MoviePass subscribers began to use the service too frequently and the company started to lose money quickly. According to the DOJ document, the pair also allegedly knew that the price of MoviePass' unlimited plan would not be enough to offset losses. Instead, the pair had directed employees to implement tactics to prevent subscribers from using their unlimited service, according to prosecutors.

☆ The former CEOs of MoviePass and its parent company have been charged in a securities fraud case
▼ + stars: | 2022-11-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: 1 min

Two former execs at MoviePass and its former parent company HMNY — Ted Farnsworth and Mitch Lowe — have been charged in a securities fraud case, according to court documents. Per a Department of Justice statement, the court documents allege that Farnsworth and Lowe "engaged in a scheme to defraud investors through materially false and misleading representations relating to HMNY and MoviePass's business and operations to artificially inflate the price of HMNY's stock and attract new investors." The statement says: "Farnsworth and Lowe are each charged with one count of securities fraud and three counts of wire fraud. If convicted, they each face a maximum penalty of 20 years in prison on each count." More to come...

The second round of voting in the race between far-right populist President Jair Bolsonaro and his challenger, Lula, has divided the nation as well as Brazilian nationals living abroad. While Lula beat Bolsonaro by about 4 percentage points, he came shy of the 50% threshold needed to avoid a runoff. “Honestly I never thought I would be voting for Lula again — I was quite disappointed in how corrupt his government was,” said Ferrari. Bolsonaro has cast doubt on the 2020 U.S. election results, echoing false claims that there was widespread fraud. "I think that the imperfections on the Bolsonaro side are just unneglectable.”Follow NBC Latino on Facebook, Twitter and Instagram.

☆ Former MoviePass executives sued by the SEC, which alleges they made 'false or misleading statements' to the public
▼ + stars: | 2022-09-27 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

The SEC is suing former MoviePass executives Mitch Lowe and Ted Farnsworth. The suit claims they made "false and misleading statements" about the company being profitable. In a complaint filed late Monday, reviewed by Insider, it claims that the duo made "false or misleading statements" in financial filings and in the press. Itum is accused of submitting false invoices and receiving more than $310,000 from both MoviePass and HMNY. Last June, Farnsworth and Lowe settled with the FTC and reached a $400,000 settlement with the California district attorneys.

☆ Former MoviePass CEO Mitch Lowe looks back on the mistakes that led to the startup's collapse
▼ + stars: | 2022-09-06 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +19 min

Mitch Lowe, who has been a leader at Netflix, Redbox, and MoviePass, is releasing his book "Watch and Learn" on September 6. (L-R) MoviePass CEO Mitch Lowe and Helios and Matheson Chief Executive Ted Farnsworth. I never tried to quiet people internally, if they said something wasn't going well I always embraced it. Like you wrote that you "didn't know jack shit" when you first started at Netflix. When I was offered to be CEO of MoviePass, I felt my whole career had led up to this moment.

Filmul este un voyage magnifique despre conștientizarea libertății, îmbinat priceput cu o imagine fabuloasă a naturii și a sufletului. O prezentare a culturii rusești de periferie și o evidențiere a lucrurilor simple care ne unesc și ne fac oameni. De data aceasta, ne aduce încă o poveste departe de stilul hollywoodian în rol principal cu Ben Foster. O poveste atipică despre maturizare arătată prin intermediul unei relații complicate dintre tată și fiică. Ca să afli mai mult despre filmele favorite la Oscar și despre producțiile înaintate de Netflix la concurs, vezi articolele scrise mai devreme.

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☆ The definitive story of how a controversial Florida businessman blew up MoviePass and burned hundreds of millions
▼ + stars: | 2019-09-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +28 min

In 2017, he became the CEO of data company Helios & Matheson Analytics. At that price MoviePass would start losing money when a subscriber used the service more than once a month. MoviePass CEO Mitch Lowe and Helios & Matheson CEO Ted Farnsworth after the company hit 1 million subscribers. The same day MoviePass reached 1 million subscribers, a milestone it hit faster than Netflix and Hulu. Related storiesTo draw a crowd, MoviePass blasted out an invitation to the Big Boi show to its then 2 million subscribers.

Persons: John Travolta, He'd, " Gotti, John Gotti, Travolta, Ted Farnsworth, Mitch Lowe, who'd, he'd, Farnsworth, Lowe, Gotti, Dave Kotinsky, Samantha Lee, Stacy Spikes, Spikes, Spikes wasn't, MoviePass, —, Ava DuVernay, Malcolm D, Lee, Hulu, Hamet Watt, Chance Yeh, He's balding, He's, Ted I, La Toya Jackson, couldn't, Matheson, Watt, Helios, Mitch, Ted, MoviePass swag, Dennis Rodman, Jerry Media, hite, Boi, ann u, abi l, tim e, red tha, ord, ul, hal, ove, flo, ann o, bec, lon, Jen, liv, dre Organizations: HBO, Manhattan's SVA, Helios, Matheson Analytics, Netflix, Matheson, MoviePass, SEC, Sony, Miramax, Loews Cineplex, Spotify, Pandora, AOL, True Ventures, Business, Ventures, AMC, Federal Communications Commission, Matheson's, Reuters, Hulu, Coachella Valley Music, Arts Festival, Jerry, acc, pla Locations: Manhattan's, MoviePass, Houston , Texas, San Francisco, America, New York, Florida, India, New, Palm Springs , California, Coachella, fes, ord, pla, Mo

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