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Plea hearing Wednesday for ex-Ankeny Chamber CEO in theft, money laundering case

Plea hearing Wednesday for ex-Ankeny Chamber CEO in theft, money laundering case

Yahoo30-04-2025
DES MOINES, Iowa — The former head of the Ankeny Chamber of Commerce is scheduled to be back in court Wednesday for a plea hearing.
Melisa Cox, 47, is accused of stealing more than $250,000 over the three years she led the organization. In January, she was charged with 14 counts related to the alleged theft.
Ankeny American Legion looking to stand out with new, patriotic mural
The trial information filed in February showed she was facing eight counts: three counts of first-degree theft, three counts of unauthorized use of credit card, and one count each of money laundering and second-degree fraudulent practice.
Online court records show the deal offered by the Polk County Attorney's Office is for Cox to plead guilty to one count each of first-degree theft, unauthorized use of credit card, money laundering, and second-degree fraudulent practice. Cox is expected to accept the plea deal at Wednesday's hearing.
Cox faces a sentence of up to 35 years in prison. If Cox does not accept the plea deal, here trial is scheduled to begin on May 5th.
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Plea hearing Wednesday for ex-Ankeny Chamber CEO in theft, money laundering case
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The Godfather of AI says most tech leaders downplay the risks — except one
The Godfather of AI says most tech leaders downplay the risks — except one

Business Insider

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The Godfather of AI says most tech leaders downplay the risks — except one

The "Godfather of AI" said many people at tech companies publicly "downplay" the risks. He named one tech leader, though, who is aware of and trying to address the dangers. Geoffrey Hinton called many of the tech leaders "oligarchs." Geoffrey Hinton, the ex-Google employee known as the "Godfather of AI" for his work on neural networks, has been vocal about the risks of the technology. He said on a recent episode of the "One Decision" podcast that "most" people at tech companies understand the risks, but don't act on them. "Many of the people in big companies, I think, are downplaying the risk publicly," Hinton said on the episode, which aired on July 24. But he mentioned one tech leader who is attuned to the potential dangers of the technology. " Demis Hassabis, for example, really does understand about the risks, and really wants to do something about it," he said. Hassabis is the CEO of Google DeepMind, the company's main AI lab. He cofounded DeepMind in 2010 and sold it to Google in 2014 for $650 million, under the caveat that the tech giant would create an AI ethics board. A Nobel Prize winner, Hassabis had for years hoped that academics and scientists would lead the AI scramble. Now, he's at the center of Google's push for AI dominance, and some company insiders previously told Business Insider they think he might be in the running for CEO. In February, Hassabis said that AI poses long-term risks and warned that agentic systems could get "out of control." He has pushed for having an international governing body to regulate the technology. Late last month, protesters demonstrated outside DeepMind's London office to demand more AI transparency. Hinton spent more than a decade at Google himself before quitting to discuss the dangers of AI more openly. He said on a previous podcast episode that the company had encouraged him to stay and work on safety issues. The so-called Godfather didn't heap much praise on other Big Tech leaders — earlier in the podcast, he said that "the people who control AI, people like Musk and Zuckerberg, they are oligarchs." Representatives for Musk and Zuckerberg did not respond to BI's request for comment. And as to the question of whether he trusts them? "I think when I called them oligarchs, you know the answer to that."

Influential San Francisco nonprofit faces uncertain financial future
Influential San Francisco nonprofit faces uncertain financial future

San Francisco Chronicle​

time12 hours ago

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Influential San Francisco nonprofit faces uncertain financial future

LightHouse for the Blind and Visually Impaired has served people in San Francisco for over 122 years. Now, community members fear for the nonprofit institution's future. The organization received a $125 million bequest a decade ago, but today, its story is of financial distress. It lost over $17 million when the bank foreclosed its Market Street property last year. The organization has laid off 40 employees, or 23% of its staff, since January, interim CEO Brandon Cox told the Chronicle in an interview, and more layoffs may be necessary. The LightHouse is one of the largest and most influential blindness organizations in the country and the only one along the coast from San Francisco to the Oregon border. It runs early childhood education programs; a beloved summer camp in Napa; a factory employing blind workers in Alameda; and mobility and orientation training for adults losing their sight, along with many other classes. It served over 3,000 clients in the fiscal year ending in June. 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Miele and Donovan questioned how the organization allowed the default to happen when it still had assets from its windfall bequest. They and five other members of the Bay Area blind community told the Chronicle they are concerned about the future of the LightHouse and angry that the organization has said it does not plan to have a permanent CEO in place until next April. Asuncion said finding a new CEO is one of the board's top priorities, but that 'we won't rush for rush's sake,' adding they needed time to find the right fit. It is unclear if the LightHouse's financial struggles are a result of wasteful spending, of growing too fast after its bequest, as a recent San Francisco Standard article reported, or of the economic challenges hitting all types of nonprofits and for-profit businesses. For example, the pandemic played a role in its default, because the main tenant in its office building, the city of San Francisco, left in part because of the glut of commercial real estate. 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The Godfather of AI says most tech leaders downplay the risks — except one
The Godfather of AI says most tech leaders downplay the risks — except one

Business Insider

time12 hours ago

  • Business Insider

The Godfather of AI says most tech leaders downplay the risks — except one

There doesn't seem to be much godfatherly love in the AI world these days. Geoffrey Hinton, the ex-Google employee known as the "Godfather of AI" for his work on neural networks, has been vocal about the risks of the technology. He said on a recent episode of the "One Decision" podcast that "most" people at tech companies understand the risks, but don't act on them. "Many of the people in big companies, I think, are downplaying the risk publicly," Hinton said on the episode, which aired on July 24. But he mentioned one tech leader who is attuned to the potential dangers of the technology. " Demis Hassabis, for example, really does understand about the risks, and really wants to do something about it," he said. Hassabis is the CEO of Google DeepMind, the company's main AI lab. He cofounded DeepMind in 2010 and sold it to Google in 2014 for $650 million, under the caveat that the tech giant would create an AI ethics board. A Nobel Prize winner, Hassabis had for years hoped that academics and scientists would lead the AI scramble. Now, he's at the center of Google's push for AI dominance, and some company insiders previously told Business Insider they think he might be in the running for CEO. In February, Hassabis said that AI poses long-term risks and warned that agentic systems could get "out of control." He has pushed for having an international governing body to regulate the technology. Late last month, protesters demonstrated outside DeepMind's London office to demand more AI transparency. Hinton spent more than a decade at Google himself before quitting to discuss the dangers of AI more openly. He said on a previous podcast episode that the company had encouraged him to stay and work on safety issues. The so-called Godfather didn't heap much praise on other Big Tech leaders — earlier in the podcast, he said that "the people who control AI, people like Musk and Zuckerberg, they are oligarchs." Representatives for Musk and Zuckerberg did not respond to BI's request for comment. And as to the question of whether he trusts them? "I think when I called them oligarchs, you know the answer to that."

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