Claim passes some of a brand's ad budget onto consumers, giving them money to redeem each week.The CEO told me he wants to eat into the ad dollars brands spend at Big Tech companies like Meta.He said ...

Nate was an AI shopping app that promised to automate the checkout process. DOJ says workers in the Philippines completed ...

Albert Saniger, the former CEO of Nate, has been charged with defrauding investors after the Department of Justice found his AI shopping app was powered by hundreds of call center employees. Saniger ...

The DOJ alleges that Nate falsely claimed its app used AI for automated purchases, while hundreds of human contractors were manually processing transactions. Saniger is accused of concealing the ...

The company in question is Nate, which started in 2018 and rapidly amassed over $50 million in investments, according to ...

The CEO told me he wants ... Square in early 2023. The app started at colleges but expanded to 10 US cities in early February. With Claim, brands pass their marketing budgets to consumers instead ...

Albert Saniger misled investors and the public about his shopping app Nate's AI capabilities, relying on human workers in the Philippines. The founder and former CEO of a US-based e-commerce firm ...

Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press ...