Google CEO Testifies at Ozy Trial, Denies $600 Million Offer [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Watson, testifying that the search giant never intended to buy the startup for any amount of money. Most Read from Bloomberg Watson is accused of defrauding investors of tens of millions of dollars by lying about Ozy's business success, including boasting that Google had offered to buy the company for “hundreds of millions of dollars.” ADVERTISEMENT The once high-flying media startup collapsed after the New York Times reported in 2021 that Chief Operating Officer Samir Rao impersonated YouTube executive Alex Piper to praise Ozy on a February 2021 call with Goldman Sachs Group Inc. bankers. Rao, who's pleaded guilty, testified earlier this month that it was part of his and Watson's scheme to fool investors into thinking Ozy was profitable. Pichai on Friday told the jury in Brooklyn, New York, federal court that an acquisition of Ozy was never discussed but that Google did consider hiring Watson as head of its news programming. A $25 million investment in Ozy would have been p
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