Latest news with #Co-Pilot
Time of India
2 days ago
- Business
- Time of India
'I'm not proud': Soham Parekh breaks silence on defrauding companies, says he was forced to do it
Soham Parekh said he had dire financial circumstances that forced him to do three jobs simultaneously. Indian techie Soham Parekh, who has been accused of frauding US companies by working in several companies at the same time, owned up to what he did and said he did that out of dire fiancial circumstances. In TBPN's show, Parekh, who worked in multiple US companies lying to them about his location, admitted that the allegations against him are true but he is not proud of what he has done. "I'm not proud of what I've done. That's not something I endorse either. But no one really likes to work 140 hours a week. I had to do it out of necessity. I was in extremely dire financial circumstances," Parekh said in the interview. "I'm not a very people person. I don't share much about what's going on in my life. So I just thought: if I work multiple places, maybe I can elevate myself out of the situation faster," he said. 'I was decent enough, a good enough engineer' In his first interview amid the major moonlighting controversy, he said he likes to believe that he was decent enough, a good enough engineer, to essentially be able to work at three places because that's the only thing he did the entire day. "Some of these companies I worked at were before the Co-Pilot boom. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo There was no AI-assisted programming," he said. Soham Parekh's scam came into light after Suhail Doshi, co-founder of Mixpanel and Playground AI outed him in an X post, warning everyone that Parekh scams startups by faking his resume and working multiple jobs at the same time. "PSA: there's a guy named Soham Parekh (in India) who works at 3-4 startups at the same time. He's been preying on YC companies and more. Beware," Doshi had said. "He hasn't stopped a year later. No more excuses." Several CEOs claimed that they interviewed Parekh and got to learn about his scam the hard way.
Yahoo
03-04-2025
- Business
- Yahoo
Savvy Expands to Over 50 Financial Advisors With Addition of Five New Professionals
Savvy surpasses $1.5 billion in AUM as its tech-forward approach to wealth management continues to resonate with top advisors NEW YORK, April 03, 2025--(BUSINESS WIRE)--Savvy Advisors Inc. ("Savvy" or "Savvy Advisors"), a federally registered investment advisor (RIA) affiliated with Savvy Wealth, Inc. ("Savvy Wealth"), today announced the addition of five experienced financial advisors, expanding its team to more than 50 financial planners and wealth managers across the country. Advisors who join Savvy gain access to Savvy Wealth's proprietary, artificial intelligence (AI)-powered technology designed to increase advisor efficiency and output, while enabling a modern client experience. Savvy recently surpassed over $1.5 billion in assets under management (AUM) and continues to attract advisors serving high-net-worth (HNW) and ultra-high-net-worth clients. Savvy Wealth's all-in-one, integrated technology offering includes Co-Pilot, an AI-powered CRM; a digital client onboarding experience for clients; a fully embedded marketing and lead generation agency; and Savvy Wealth Investment Management, a proprietary investment management solution that helps automate tax loss harvesting, rebalancing and asset allocation across public and private markets. For more information about the newest advisors to join the firm, please see below: Jack Fitzpatrick (Scottsdale, Arizona): A 23-year veteran of Morgan Stanley's foreign exchange and commodities trading team, Fitzpatrick transitioned careers to become an investment advisor in 2020. Focusing on serving business owners and executives, he specializes in financial planning strategies and tax reduction solutions for business exits. Tyson Lokke, CFP® (Reno, Nevada): Lokke joins Savvy after departing Farther earlier this year. Throughout his 12 years in the profession, he has also served as an advisor at United Capital and Goldman Sachs Personal Financial Management. In his practice, Lokke specializes in serving business owners and PGA professionals, with a focus on converting complex financial data into clear, interactive visual experiences. Aaron Peloquin, CPA, CFP® (Plymouth, Minnesota): A consultant turned financial advisor, Peloquin uses his unique experience in risk management to serve his client base of retirees, small business owners, and HNW individuals, helping them implement tax planning strategies to navigate the complexities of heirs inheriting assets. Jared Tanimoto, CFP® (Irvine, California): A founding member of the Investopedia Advisor Council and a former InvestmentNews 40 Under 40 Honoree, Tanimoto has established a strong reputation in the financial advice industry. In his practice, Sedai Wealth Partners, LLC, Tanimoto specializes in equity compensation strategies for tech employees, tax planning for small business owners and cryptocurrency integration in portfolios. Dustin Thomas, CPA, CFP® (Indianapolis, Indiana): Thomas joins Savvy after spending over six years at Valeo Financial Advisors, where he established a practice serving HNW individuals. With over 24 years of experience in the financial services industry, Thomas leverages his tax planning experience to better inform clients' financial plans. "As more advisors join Savvy, it further demonstrates that our belief in tech-forward, digital-first human financial advice is the way of the future," said David Weiner, chief growth officer at Savvy Wealth. "We're honored that Jack, Tyson, Aaron, Jared and Dustin chose Savvy as their next home. As we continue to build and scale the Savvy Wealth platform, it's important that our advisors shape the direction of our offering to ensure we are continuing to meet the changing needs of the investors of today and tomorrow." As Savvy continues to onboard advisors and Savvy Wealth enhances its technology under the leadership of new chief technology officer Eric Hurkman, the firm is looking to meet more interested advisors. For more information, please visit About Savvy Savvy Wealth is a digital-first, multi-custodial technology platform for financial advisors centered around modernizing human-generated financial advice. Wealth managers who partner with Savvy Advisors leverage its intentionally built, integrated technology platform to help supercharge organic growth with enhanced software, and sales and marketing automation. Savvy Wealth's proprietary technology empowers wealth managers to scale revenue faster and spend more time focused on growth. Follow Savvy on LinkedIn to stay up to date on the latest company news and updates. Savvy does not provide compensation for advisor endorsements; however, endorsements represent a conflict of interest as advisors may indirectly benefit from the endorsement they have provided. Savvy Wealth, Inc. is a tech company and the parent company of Savvy Advisors, Inc. All advisory services are offered through Savvy Advisors, Inc., an investment advisor registered with the Securities and Exchange Commission ("SEC"). AI used on Savvy Wealth's advisor platform is not intended to replace human advice, nor does the AI provide client-facing investment advice or make investment decisions. View source version on Contacts Media Contact: StreetCred PRsavvy@ Will Ruben847-208-8289william@ Justin Pirigyi619-316-9195justin@
Associated Press
03-04-2025
- Business
- Associated Press
Savvy Expands to Over 50 Financial Advisors With Addition of Five New Professionals
Savvy Advisors Inc. ('Savvy' or 'Savvy Advisors'), a federally registered investment advisor (RIA) affiliated with Savvy Wealth, Inc. ('Savvy Wealth'), today announced the addition of five experienced financial advisors, expanding its team to more than 50 financial planners and wealth managers across the country. Advisors who join Savvy gain access to Savvy Wealth's proprietary, artificial intelligence (AI)-powered technology designed to increase advisor efficiency and output, while enabling a modern client experience. Savvy recently surpassed over $1.5 billion in assets under management (AUM) and continues to attract advisors serving high-net-worth (HNW) and ultra-high-net-worth clients. Savvy Wealth's all-in-one, integrated technology offering includes Co-Pilot, an AI-powered CRM; a digital client onboarding experience for clients; a fully embedded marketing and lead generation agency; and Savvy Wealth Investment Management, a proprietary investment management solution that helps automate tax loss harvesting, rebalancing and asset allocation across public and private markets. For more information about the newest advisors to join the firm, please see below: Jack Fitzpatrick (Scottsdale, Arizona): A 23-year veteran of Morgan Stanley's foreign exchange and commodities trading team, Fitzpatrick transitioned careers to become an investment advisor in 2020. Focusing on serving business owners and executives, he specializes in financial planning strategies and tax reduction solutions for business exits. Tyson Lokke, CFP® (Reno, Nevada) : Lokke joins Savvy after departing Farther earlier this year. Throughout his 12 years in the profession, he has also served as an advisor at United Capital and Goldman Sachs Personal Financial Management. In his practice, Lokke specializes in serving business owners and PGA professionals, with a focus on converting complex financial data into clear, interactive visual experiences. Aaron Peloquin, CPA, CFP® (Plymouth, Minnesota): A consultant turned financial advisor, Peloquin uses his unique experience in risk management to serve his client base of retirees, small business owners, and HNW individuals, helping them implement tax planning strategies to navigate the complexities of heirs inheriting assets. Jared Tanimoto, CFP® (Irvine, California): A founding member of the Investopedia Advisor Council and a former InvestmentNews 40 Under 40 Honoree, Tanimoto has established a strong reputation in the financial advice industry. In his practice, Sedai Wealth Partners, LLC, Tanimoto specializes in equity compensation strategies for tech employees, tax planning for small business owners and cryptocurrency integration in portfolios. Dustin Thomas, CPA, CFP® (Indianapolis, Indiana): Thomas joins Savvy after spending over six years at Valeo Financial Advisors, where he established a practice serving HNW individuals. With over 24 years of experience in the financial services industry, Thomas leverages his tax planning experience to better inform clients' financial plans. 'As more advisors join Savvy, it further demonstrates that our belief in tech-forward, digital-first human financial advice is the way of the future,' said David Weiner, chief growth officer at Savvy Wealth. 'We're honored that Jack, Tyson, Aaron, Jared and Dustin chose Savvy as their next home. As we continue to build and scale the Savvy Wealth platform, it's important that our advisors shape the direction of our offering to ensure we are continuing to meet the changing needs of the investors of today and tomorrow.' As Savvy continues to onboard advisors and Savvy Wealth enhances its technology under the leadership of new chief technology officer Eric Hurkman, the firm is looking to meet more interested advisors. For more information, please visit About Savvy Savvy Wealth is a digital-first, multi-custodial technology platform for financial advisors centered around modernizing human-generated financial advice. Wealth managers who partner with Savvy Advisors leverage its intentionally built, integrated technology platform to help supercharge organic growth with enhanced software, and sales and marketing automation. Savvy Wealth's proprietary technology empowers wealth managers to scale revenue faster and spend more time focused on growth. Follow Savvy on LinkedIn to stay up to date on the latest company news and updates. Savvy does not provide compensation for advisor endorsements; however, endorsements represent a conflict of interest as advisors may indirectly benefit from the endorsement they have provided. Savvy Wealth, Inc. is a tech company and the parent company of Savvy Advisors, Inc. All advisory services are offered through Savvy Advisors, Inc., an investment advisor registered with the Securities and Exchange Commission ('SEC'). AI used on Savvy Wealth's advisor platform is not intended to replace human advice, nor does the AI provide client-facing investment advice or make investment decisions. StreetCred PR [email protected] Ruben 847-208-8289 [email protected] Pirigyi 619-316-9195 [email protected] SOURCE: Savvy Wealth, Inc. Copyright Business Wire 2025. PUB: 04/03/2025 09:08 AM/DISC: 04/03/2025 09:08 AM
Yahoo
06-03-2025
- Business
- Yahoo
A popular plagiarism checker has pulled a big about-face on AI for students
Turnitin once flagged students using AI to cheat. Now, a new product will allow students to write with AI — under teacher supervision. The product comes as schools and parents grapple with how to work with AI. Plagiarism checker Turnitin once flagged students using AI to cheat. Now, it's planning to give some an AI-powered writing tool. The company said on Tuesday that it's rolling out Turnitin Clarity, an online program that lets students write with AI under teacher supervision, later this year. It's a major reversal from the company that launched an AI detector to flag AI-written assignments two years ago. The new product comes as educators and parents have grappled with how to enforce anti-plagiarism policies while encouraging students to use increasingly widespread technology. When ChatGPT and similar AI tools launched in late 2022, schools rushed to stop students from using them to cheat. The New York City Department of Education banned ChatGPT from school networks and devices, citing concerns over plagiarism and potential inaccuracies. In a blog post on Tuesday, Turnitin's product chief, Annie Chechitelli, said the new tool is designed to help students use AI "ethically and responsibly." Students can use an AI writing assistant in the program, and teachers can see where AI was used and give feedback. The launch page offered few details on how the AI assistance works. The company did not respond to a request for comment from Business Insider, sent outside business hours. "As generative AI tools like ChatGPT, Co-Pilot, and Gemini evolve, academic institutions are facing growing pressure to help students use AI responsibly," Chechitelli wrote. But at the same time, some schools worry that students might lean on AI as a shortcut, weakening their critical thinking skills, Chechitelli added. "Educators lack transparency to verify authorship, ensure fair assessment, and guide ethical writing practices," she wrote. With Turnitin Clarity, teachers control when and how students can use AI for assignments. Chechitelli wrote educators will have "full visibility" into how students use AI while writing, from pasted text and typing patterns to draft history. The tool is slated to launch in the third quarter as a paid add-on for Turnitin Feedback Studio customers. Turnitin is owned by Advance, a private company with investments in a broad range of technology, media, and communications businesses. In May, OpenAI, Microsoft, and Google debuted demonstrations of their chatbots, and they highlighted AI's potential in education. When OpenAI launched GPT-4o, for example, it featured a virtual tutor that could help solve algebra problems over video in real time. Educators told BI that AI can be a good idea in the classroom. Curby Alexander, an associate education professor at Texas Christian University, told BI last year that AI has helped his students sharpen their critical thinking. They're learning to identify gaps where AI-generated content falls short. Last year, Arizona State University partnered with OpenAI to bring ChatGPT into classrooms. Read the original article on Business Insider
Yahoo
24-02-2025
- Business
- Yahoo
Spark New Zealand Ltd (NZTCF) (HY 2025) Earnings Call Highlights: Strategic Partnerships and ...
Release Date: February 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Spark New Zealand Ltd (NZTCF) reported a 67.4% increase in free cash flow to $77 million, showing improved cash management. The company declared a half-year dividend of $0.12 per share, consistent with its FY25 total dividend guidance of $0.25 per share. Spark New Zealand Ltd (NZTCF) is focusing on strategic priorities, including driving momentum in its telco core and simplifying its portfolio. The company has entered into a new strategic partnership with Microsoft to improve cloud economics and enhance customer offerings. Data center revenue increased by 13.6% to $25 million, with a commitment to expanding its 118-megawatt development pipeline. Reported revenue declined by 1.9% to $1.93 billion, driven by declines in mobile, IT services, and legacy voice. Reported EBITDA declined by 20.9% to $419 million due to lower IT services project activity and supply cost inflation. The company reduced its FY25 adjusted EBITDA guidance to $1.04 billion to $1.1 billion, reflecting ongoing economic challenges. Mobile service revenue declined by 3.7%, with significant declines in the enterprise and government sectors. Spark New Zealand Ltd (NZTCF) is facing aggressive price competition and shrinking mobile fleets, impacting its market share. Warning! GuruFocus has detected 5 Warning Sign with NZTCF. Q: The dividend remains significantly higher than free cash flow, particularly based on the latest guidance. What are the considerations for retaining the $0.25 per share dividend? A: Jolie Hodson, CEO: The decision to retain the $0.25 dividend was linked to the receipt of the Conexa proceeds expected this year. We are also considering our holistic capital management strategy, which includes reviewing the dividend policy as we move into FY26. Q: Are you still committed to reducing the leverage ratio to 1.7 times to retain an investment-grade credit rating? A: Stuart Taylor, CFO: While our net debt is at 1.8%, which is low compared to comparable telcos, we are considering future debt flexibility and other factors. The ongoing credit rating will be one of those considerations. Q: Would you consider selling the entire data center portfolio, or are you committed to retaining a stake? A: Jolie Hodson, CEO: Our intention is not to sell the entire data center portfolio. We are looking for a co-investment partnership to accelerate growth in a market with substantial opportunities. Q: Can you provide more details on the Microsoft partnership and its impact on your business? A: Jolie Hodson, CEO: The partnership involves moving more workloads to the public cloud, partnering with Microsoft for customer transitions, and using tools like Co-Pilot to improve customer experience and efficiency. This will enhance our cost base and margins. Q: How are you managing the 3G network shutdown, and what impact do you expect on Spark? A: Jolie Hodson, CEO: We are focused on helping customers with older devices transition to newer networks. We estimate around 120,000 devices and 80,000 IoT connections will be affected, and we are engaging with customers to facilitate this transition. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
