Breaking: Schools Stick With Evolv After FTC Action As Weapons Detection Company Hopes To Rebuild Trust With New CEO
It was a brutal autumn for the weapons detection company Evolv. An estimated $4-6 million accounting error cost it $300 million in market cap. Its CEO and CFO were forced out, just weeks before a settlement with the FTC over allegations of misleading marketing. An SEC probe appears to be ongoing. And they even got caught up in the drama surrounding New York City Mayor Eric Adams.
But the crazy thing about Evolv? Its customers — who use the technology to protect high-stakes venues like NBA arenas, NFL stadiums, Disney theme parks, and schools — seem to love it, no matter the headlines.
“This is about saving kids,” said one director of safety for a school system, who told Hunterbrook he confiscated multiple firearms on his first day using Evolv. He says he will not ditch the platform. In fact, he says, he’s hoping to buy more systems.
With a new CEO named this morning, is this the start of a vibe shift for Evolv?
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Forest Stewardship Council Suspends Certification for Timber Mining in Amazon
Snowline Continues Drilling Despite First Nation Opposition
Dundee Smelter Sale Value More Than Halved As Environmental Concerns Linger
“Killer” Mine Key to Zimbabwe Gold SPAC
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Regulators Don’t Apply New Environmental Cleanup Law in Win for Major California Oil Company
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Interviews with locals, central bank reveal the water use by miners is “not sustainable.”
Breaking: Nickel Supply May be Impacted as Violence Reignites in New Caledonia
Breaking: Nuclear Regulatory Commission Questions NuScale Risk Protections
Vietnam Struggles to Attract AI Investment Amid Regional Competition
Brazil judge’s decision may set tone in carbon credit disputes between forest communities and international firms
Family of Four Killed in VinFast Crash
BREAKING: FDA HAS OPENED INVESTIGATION INTO SAFETY SHOT
FDA Heads to Court to Defend Unprecedented Decision Protecting Lung Drug Monopoly From Liquidia Competition
Plug Power Failure Part II: Is Plug The Next Solyndra? Accounting Analysis Reveals Dwindling Cash, Collapse of Margins, And Unprofitable Fuel Deliveries, Indicating Company May Not Be Able To Pay Back The DOE
Plug Power Failure Part I: Critical DOE Loan at Risk Due To False Water Data, Cash Crunch, And Stalled Expansions As Hostile Trump Administration Looms
Universal Stainless, Set To Be Acquired, Behind Fatal Bell Boeing Osprey Crash
“WE’VE GOT A LOT OF PEOPLE KILLED HERE”
ESSENTIAL NODE IN GLOBAL SEMICONDUCTOR SUPPLY CHAIN HIT BY HURRICANE HELENE — COMPANY SAYS IT HAS “TEMPORARILY HALTED OPERATIONS” AFTER VIDEO REVEALS ENTRANCE TO MINE HAS FLOODED
CAVA: FILTH FLIES, “C” SANITATION GRADES, FDA LISTERIA SWABS, SNEAKY SEED OIL, INSIDER SELLING, AND THE DIARRHETIC FALLOUT OF FAST GROWTH
“Grand Deception” — Winnebago Muzzles Outcry Over Major Problem That Owners Say Makes RVs Dangerous, Untowable, Worthless
The Struggling AI Bet Behind Softbank’s Grocery Gamble
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Fission Impossible: Nano Nuclear Has No Revenue, No Products, “Laughable” Timelines, Part-Time Executives, and a $600 Million Market Cap
Hims & Hers Selling GLP-1 Injection That’s Not FDA Approved, From Shady Supplier — And Won’t Make You Talk to a Doctor to Get It
Timber Certifier Endangers Amazonian Tribe, Warn Activists and Locals
Forensic Report: Arcadium Lithium ($ALTM) Merger Results and Accounting Raise Red Flags
Arcadium Lithium: Drying Argentina’s Andes to Power EVs
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ADM IN RUSSIA
U.S. AGRIBUSINESS PARTNERED WITH GRAIN GIANT SUSPECTED OF STEALING UKRAINIAN RESOURCES
ADM LIED ABOUT PRESENCE IN XINJIANG
Safety Shot Doesn’t Work — And Tastes “Nasty,” According to Hunterbrook Media Unscientific Study
Namibians Demand Accountability From Dundee Precious Metals
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