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Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
Bitwise co-founders Irma Olguin Jr. and Jake Soberal told the FBI that they forged bank statements, misled investors and inflated company revenues as they tried to salvage their startup company.
1723 18th Street LLC: Real estate holding company, organized 2022. BITWISEBKF LLC: Technology company, organized 2019, terminated 2023. Bitwise Coworking LLC: Shared working environments ...
“I wouldn’t be a bit surprised if there wasn’t some kind of federal criminal investigation that follows as well,” Fresno Mayor Jerry Dyer said.
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes , press releases , financial reports , and original content.
Yahoo's first acquisition was the purchase of Net Controls, a web search engine company, in September 1997 for US$1.4 million. As of April 2008, the company's largest acquisition is the purchase of Broadcast.com, an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire. Most of the companies acquired ...
Bitwise co-founders Irma Olguin Jr. and Jake Soberal walk out of the Robert E. Coyle Federal Courthouse in Fresno where they plead guilty to wire fraud charges and agreed to pay millions in ...
Authorities reported that they could each face a maximum penalty of 20 years in prison.