Google CEO Sundar Pichai testified briefly Friday at the federal financial conspiracy trial surrounding buzz-to-bust startup Ozy Media, countering founder Carlos Watson's alleged claims that the search giant once sought to buy Ozy. Google did consider hiring Watson for a high-level news executive job in 2021 and putting $25 million into Ozy in something of a tradeoff for luring him away, Pichai told jurors. “Mr. Watson was a critical part of Ozy Media, and we were considering making an investment in the company to make the transition easier," he explained.
Here is how Goldman Sachs (GS) and AerCap (AER) have performed compared to their sector so far this year.
The tech giant’s most high-profile banking partnership is reportedly dissolving, but a partnership with Affirm, led by PayPal cofounder Max Levchin, plus a network of smaller, mostly state-chartered banks, is now in place.