Ozy Media Faces Federal Investigations
The Justice Department and the Securities and Exchange Commission have opened investigations into the embattled Silicon Valley company Ozy Media, according to people with knowledge of the…
Browsing Tag
Ozy
Lifestyles of the Rich and Gullible: Theranos and Ozy Edition
Not long ago, we lived vicariously through the 1 percent by watching “Lifestyles of the Rich and Famous” or “Cribs.” Now, we obsess over the details of how they were duped. In San Jose,…
Ozy Media is accused in a lawsuit of ‘fraudulent conduct.’
A fund manager that invested more than $2 million in Ozy Media filed a lawsuit on Monday, claiming that the company “engaged in fraudulent, deceptive and illegal conduct.”The lawsuit, filed…
Reversing course, CEO says Ozy Media will not shut down
The CEO of Ozy Media on Monday called the company's announcement last week that it was shutting down "premature" and that after meeting with advertisers and investors that it…
What They Saw in Ozy
A recent analysis by the social media measurement company Tubular Labs suggests that Ozy spent heavily to boost the number of views for the videos it posted on YouTube by paying to have its…
The Week in Business: Facebook Under Pressure and Ozy Media Shuts Down
What’s Up? (Sept. 26-Oct. 2)Instagram Under the SpotlightFacebook on Monday postponed the start of its Instagram Kids product after concerns were raised about whether Instagram is healthy…
Carlos Watson, the chief of Ozy Media, resigns from NPR’s board.
Ozy Media’s co-founder and chief executive, Carlos Watson, resigned from the board of NPR, the public radio organization said on Friday.“Mr. Watson’s resignation is effective as of today,”…
Media company Ozy is shutting down as problems mount
In this Jan. 24, 2020, file photo, Marc Lasry, co-owner of the NBA's Milwaukee Bucks attends a press conference ahead…
Ozy Media, Once a Darling of Investors, Shuts Down in a Swift Unraveling
In an article in The Times on Thursday, Brad Bessey, an Emmy-winning executive producer, and Heidi Clements, a longtime TV writer, said Ozy executives had misled them while they were working…
Ozy Media closes down after week of damaging revelations
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Ozy Media, a digital media company whose co-founder impersonated a…