A Walnut Creek accountant was sentenced this week to eight months in prison for his role in filing false tax returns for a client that resulted in $4.7 million in unpaid taxes. Certified public accountant Marc Howard Berger, 68, was found guilty in July of assisting in the preparation of three false Form 1040s for his client, G. Steven Burrill, according to the U.S. Attorney's Office, Northern District of California.
Startup founders were asked in a recent survey which private company they predict will increase its valuation the most over the next decade. A lot can happen in the tech industry in a decade, but a recent survey of more than 500 startup founders shows that many are in agreement about which companies have a bright future ahead.
San Francisco-based Mesosphere , an enterprise cloud enablement company, has named Mike Fey as CEO. Fey's appointment begins February 1, 2019.
ConvergeOne has agreed to acquire Ridgeland, Mississippi-based Venture Technologies , a solutions integrator. No financial terms were disclosed.
Propel , maker of the Fresh EBT app for managing food stamps and other benefits, announced today that it has raised $12.8 million in Series A funding. Fresh EBT allows users to check their food stamp/SNAP balance and find stores that accept food stamps.
Renaissance Technologies LLC grew its stake in Axis Capital Holdings Limited by 39.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 944,800 shares of the insurance provider's stock after purchasing an additional 268,450 shares during the period.
Pictet Asset Management Ltd. cut its position in Axis Capital Holdings Limited by 8.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 32,844 shares of the insurance provider's stock after selling 3,100 shares during the quarter.
As a door-to-door saleswoman in college, Shelly Bell learned how to convince potential customers to buy something they already had in their homes: vacuum cleaners. Today, Bell says that experience laid the foundation for her success as a serial entrepreneur and founder of Black Girl Ventures.
Basis, a cryptocurrency project that in April announced it had raised US$133 million from a slew of high profile investors, has announced that it is shutting down and returning the funds to its backers because of regulatory concerns. The project, which was being developed by U.S.-based company Intangible Labs, had aimed to create a new type of cryptocurrency known as a "stablecoin" that could maintain a stable price and be more usable than existing digital coins whose value in dollars is highly volatile.
From November 2017 to November 2018, careers site Comparably pulled together 10 million rankings across 50,000 companies to create its annual list of the top companies for women and diversity. Those that made the final cut were the companies that were rated highly by the company's female and underrepresented employees, on areas like workplace culture, work environment, compensation and leadership.