The founder and former CEO of GameOn, an AI startup in San Francisco, has been indicted for orchestrating a six-year-long fraud scheme that allegedly defrauded investors and the company out of over $60 million. Alexander Beckman, 41, faces 23 criminal charges, while his wife, Valerie Lau Beckman, 38, who worked as a lawyer for the company, is charged with 16 counts, including obstruction. Both have pleaded not guilty. The US Securities and Exchange Commission has also filed civil charges against the couple.
Beckman is accused of deceiving investors by inflating the company’s financial status, including fabricating fake customer relationships, overstating revenue, and creating fraudulent bank statements and audit reports. He allegedly went as far as impersonating individuals to share false information. Meanwhile, Lau Beckman allegedly assisted her husband by providing authentic audit reports to help fabricate false documents and delete critical files after an investigation began.
The Beckmans are also accused of misusing investor funds for personal expenses, including purchasing a luxury home, vehicles, and covering costs for their wedding. The fraudulent activities reportedly continued up until Beckman’s resignation as CEO in July 2024. GameOn, which has since been rebranded as On Platform, eventually admitted to the financial discrepancies and laid off most of its employees.
The case underscores the need for integrity in the tech industry, particularly within startups, as federal prosecutors emphasise that fraud cannot fuel innovation.
Oracle has introduced a suite of AI agents designed to streamline tasks for sales professionals. Unlike consumer-focused virtual assistants, these agents specialise in specific functions, such as updating records after customer meetings and compiling detailed reports to assist with deal negotiations. The agents can integrate data from across Oracle’s business software ecosystem, even translating information from different languages to offer sales teams a comprehensive view of customer interactions.
A notable feature of the new system is its ability to highlight critical insights, such as delays in shipments affecting repeat customers in other regions, which can help sales teams navigate negotiations more effectively. Rob Pinkerton, Oracle’s senior vice president, emphasised the global relevance of the technology, especially for companies operating in multiple markets. The tools are particularly tailored for industries like manufacturing and logistics, where accurate and timely data is crucial.
The AI agents are available to customers starting this week at no additional cost, reflecting Oracle’s commitment to enhancing its software offerings. The move aligns with broader industry trends, as competitors like Microsoft and Google also focus on deploying specialised AI to increase productivity and tackle complex challenges in enterprise environments.
SandboxAQ, a quantum technology startup spun off from Alphabet in 2022, has announced its large quantitative models (LQMs) will be available on Google Cloud. These models, which handle vast numerical datasets and perform complex calculations, are designed for applications such as financial modelling, trading automation, and statistical analysis. The partnership will enable enterprises to develop and deploy LQMs more efficiently, broadening SandboxAQ‘s customer base.
CEO Jack Hidary emphasised the significance of quantitative AI, highlighting its role in industries like life sciences, financial services, and navigation. The company, headquartered in Palo Alto, recently secured $300 million in funding, raising its valuation to $5.6 billion. This is the first time SandboxAQ’s models will be accessible on a third-party platform, marking a significant milestone in its growth.
Google’s growing focus on quantum computing complements its collaboration with SandboxAQ. The tech giant announced progress in quantum chip development last December, aiming to address key challenges in the field. Rivals like Microsoft and Nvidia have also been advancing quantum computing initiatives, signalling intensified competition in the emerging technology.
The UK‘s Competition and Markets Authority has appointed former Amazon executive Doug Gurr as its interim chairman, signalling the government’s push to boost economic growth and support the tech sector. Gurr, who brings extensive experience at Amazon, including leading the company’s UK and China operations, will guide the CMA as it fosters competition in industries such as cloud services and AI. The move aligns with the UK’s broader strategy to streamline regulations and position itself as a pro-business nation.
Gurr’s appointment comes amid a critical phase in the CMA’s investigation into the domestic cloud services market, which has been scrutinising Amazon’s dominant position. While Gurr will serve in an interim role, the government hopes his commercial background will help drive pro-business decisions that stimulate growth. This marks a shift from the previous chair, Marcus Bokkerink, whose tenure was shorter than expected, possibly due to dissatisfaction among government officials.
Industry experts note that Gurr’s appointment is timely, as the CMA is stepping up its oversight of Big Tech, particularly with the expanded powers under the Digital Markets, Competition, and Consumers Act. Critics and lobby groups like the Open Cloud Coalition closely watch how the CMA will handle its regulatory responsibilities, particularly in the cloud services sector, where Amazon holds a significant market share. They urge the CMA to maintain a strong stance on promoting fairness and competition.
As the CMA navigates its investigations and enforces new rules, stakeholders are keen to see how Gurr’s leadership will shape the future of competition regulation in the UK. The outcome could have far-reaching implications for businesses and consumers, particularly in the rapidly evolving tech landscape.
Google is rolling out a unique accessibility feature for Chromebooks that allows users to control their devices using head and facial movements. Initially introduced in December, this tool is designed for people with motor impairments and uses AI to let facial gestures act as a virtual cursor. The feature is available on Chromebooks with 8GB of RAM or more and builds on Google’s prior efforts, such as its Project Gameface accessibility tool for Windows and Android.
In addition to accessibility, Google is unveiling over 20 new Chromebook models this year, including the Lenovo Chromebook Plus 2-in-1, to complement its existing lines. The devices target educators, students, and general users seeking enhanced performance and versatility.
Google has also introduced ‘Class Tools’ for ChromeOS, which offer teachers real-time screen-sharing capabilities. These tools allow educators to share content directly with students, monitor their progress, and activate live captions or translations during lessons. Integration with Figma’s FigJam now brings interactive whiteboard assignments to Google Classroom, promoting collaboration and creative group work. Together, these updates aim to enhance accessibility and productivity in education.
Across China, artificial intelligence-powered ‘smart pets’ are becoming a popular solution for emotional relief, particularly among younger generations. These devices, such as the BooBoo robot produced by Hangzhou Genmoor Technology, offer companionship through lifelike interactions. Nineteen-year-old Zhang Yachun, for example, says her AI pet, Aluo, has helped her cope with anxiety and feelings of isolation.
The market for ‘social robots’ is rapidly growing, with estimates projecting a sevenfold increase to $42.5 billion globally by 2033. While initially designed for children, these AI companions are increasingly appealing to adults and families. Some view the robots as tools to supplement limited time with children, though sceptics note the lack of emotional depth compared to real pets.
Experts attribute the rise in AI pets to societal changes, including China‘s one-child policy, economic pressures, and evolving family dynamics. These robots, which can mimic behaviours and provide emotional stimulation, serve as an outlet for individuals who feel disconnected. For Zhang, Aluo has also fostered better communication with her parents, highlighting the role AI companions can play in bridging gaps in human relationships.
The Japanese government has launched a new initiative, “Digital Positive Action,” to tackle the spread of online disinformation. The project, spearheaded by the communications ministry, brings together 19 firms and organisations, including Google, NTT Docomo, Meta, and the operator of Japan’s messaging app Line. The collaboration will focus on creating a dedicated website and educational materials to counter false information.
The initiative seeks to address how disinformation is often amplified for profit through higher engagement and advertising revenue. By consulting with public and private sectors, the government aims to make credible information more accessible and equip users with tools to recognise and resist misleading content.
Parliamentary Vice Communications Minister Hideto Kawasaki emphasised the goal of fostering a safer digital environment, while Keio University professor Tatsuhiko Yamamoto highlighted the need to shift societal attitudes, discouraging the pursuit of attention at any cost. With tech giants on board, Japan hopes to lead the charge in curbing the harmful effects of disinformation online.
Meta Platforms has joined a $10 billion investment round for Databricks, a data analytics firm specialising in AI applications. The funding, which closed on Wednesday, values the San Francisco-based company at $62 billion. This round also included a $5.25 billion credit facility led by major financial institutions such as JPMorgan Chase and Goldman Sachs, aimed at boosting Databricks’ expansion and product development efforts.
Founded in 2013, Databricks provides tools to help businesses process, analyse, and apply artificial intelligence to complex datasets. The firm has benefited from the increasing corporate demand for AI technology, catalysed by the rapid adoption of platforms like OpenAI’s ChatGPT. Meta’s investment strengthens an existing partnership between the two, particularly in leveraging Meta’s Llama, a family of open-source large language models.
With over 10,000 organisations, including Shell and Comcast, already utilising its platform, Databricks is at the forefront of enterprise AI applications. According to CEO Ali Ghodsi, this deepened collaboration with Meta will help Databricks better serve enterprise clients using Llama, further solidifying its position in the AI race.
Marcus Bokkerink has been removed from his position as chair of the Competition and Markets Authority (CMA) by the UK government, marking a shift in regulatory practices aimed at boosting economic growth. The CMA, a key agency overseeing mergers and competition, had recently paused the high-profile Microsoft-Activision Blizzard merger, showcasing its regulatory power. Bokkerink, appointed in 2022, was expected to serve a five-year term but will now step down as part of the government’s effort to realign regulatory bodies with its economic priorities.
This decision reflects a broader governmental push to reduce barriers to economic expansion. Prime Minister Keir Starmer, Chancellor Rachel Reeves, and Business Secretary Jonathan Reynolds recently sent a letter to several regulators, including the CMA, urging them to prioritize growth. Government insiders have suggested that the move signals a serious commitment to reshaping the regulatory environment to encourage investment and economic development.
The removal of Bokkerink, a former senior partner at Boston Consulting Group, comes as the government continues to focus on attracting international investment, with key figures like Reeves and Reynolds attending the World Economic Forum in Davos to further this goal. The government’s efforts to reshape regulatory culture align with its broader strategy to make economic growth the country’s top priority.
India’s National Human Rights Commission (NHRC) has rebuked labour officials for inadequately investigating claims of employment discrimination at Foxconn’s iPhone manufacturing plant in Tamil Nadu. The commission called for a thorough re-examination after a Reuters investigation revealed that Foxconn systematically excluded married women from assembly line jobs, relaxing the rule only during high-production periods.
Labour officials, who visited the Foxconn plant in July, reported that 6.7% of its 33,360 female workers were married but failed to confirm whether they worked on the assembly line. Federal investigators also relied on employee testimonies, finding no wage or promotion bias but neglected to scrutinise recruitment records. The NHRC criticised these findings as superficial, stating they failed to address the alleged discriminatory hiring practices effectively.
Foxconn and Apple, both key players in India‘s electronics manufacturing push, did not respond to inquiries about the NHRC’s concerns. While Foxconn previously instructed recruiters to remove discriminatory job criteria, the NHRC has ordered a fresh investigation into the matter. The statutory body, which holds civil court-like authority, continues to push for accountability in safeguarding workers’ rights.
