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Trump’s first 100 days: all the news affecting the tech industry

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Richard Lawler
Trump commutes Ozy Media founder Carlos Watson’s fraud sentence.

In July, Carlos Watson was convicted on fraud charges for misleading investors with falsified financial records, inflated audience numbers, and made-up business deals. The New York Times reported in 2021 that his co-founder, Samir Rao, had impersonated a YouTube exec on a call with bankers about a potential $40 million investment.

But now that Donald Trump commuted his 116-month sentence on the day he was scheduled to report, Watson won’t even start. The one-year probation for the now-defunct Ozy, as well as $96 million in restitution and penalties, have also been wiped away.

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