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Technology

Technology

FTX lawyer calls this case ‘a different sort of animal’ in first bankruptcy hearing

Lawyers for The investment case for next-gen trading stocks like Coinbase and SoFi despite crypto contagion 5 hours ago “What we are dealing with...

by admin November 22, 2022
FTX lawyer calls this case 'a different sort of animal' in first bankruptcy hearing
Technology

Coinbase shares tumble as bitcoin slide continues, investors fear contagion from FTX collapse

Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Patrick T. Fallon...

by admin November 21, 2022
Coinbase shares tumble as bitcoin slide continues, investors fear contagion from FTX collapse
Technology

FTX-owned service being used to launder hundreds of millions ‘hacked’ from FTX, researchers say

FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to...

by admin November 21, 2022
FTX-owned service being used to launder hundreds of millions 'hacked' from FTX, researchers say
Technology

Grayscale refuses to share proof of reserves due to ‘security concerns’ as shares trade at a 45% discount to bitcoin

The SEC on Wednesday rejected Grayscale’s application for a spot bitcoin ETF, citing a failure by the investment manager to answer questions about concerns...

by admin November 21, 2022
Grayscale refuses to share proof of reserves due to 'security concerns' as shares trade at a 45% discount to bitcoin
Technology

Sam Bankman-Fried tries to broker FTX bailout from his home in the Bahamas, despite being booted from the crypto company

NASSAU, Bahamas — Despite being pushed out of the cryptocurrency giant he founded, Sam Bankman-Fried told CNBC he is trying to lock down a...

by admin November 21, 2022
Sam Bankman-Fried tries to broker FTX bailout from his home in the Bahamas, despite being booted from the crypto company
Technology

#RIPTwitter is trending. Here’s how to download your Twitter archive

Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter owner Elon Musk on Wednesday gave employees until 5 p.m. Thursday to decide whether...

by admin November 18, 2022
#RIPTwitter is trending. Here's how to download your Twitter archive
Technology

Read Elon Musk’s Friday emails to Twitter engineers asking them to come to the office

The Twitter logo is displayed on the exterior of Twitter headquarters on October 26, 2022 in San Francisco, California. Justin Sullivan | Getty Images...

by admin November 18, 2022
Read Elon Musk's Friday emails to Twitter engineers asking them to come to the office
Technology

Bahamas regulators confirm they’re holding some of FTX’s assets

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection...

by admin November 18, 2022
Bahamas regulators confirm they're holding some of FTX's assets
Technology

Tech layoffs are not a bellwether for broader cuts in other industries, Morgan Stanley analysts say

Small toy figures are seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken, October 28, 2021. Dado Ruvic |...

by admin November 18, 2022
Tech layoffs are not a bellwether for broader cuts in other industries, Morgan Stanley analysts say
Technology

Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks

FTX logo displayed on a phone screen and representation of Bitcoin cryptocurrency are seen in this illustration photo taken in Krakow, Poland on November...

by admin November 18, 2022
Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks
Technology

Amazon CEO Andy Jassy says layoffs will continue into next year

Amazon had already implemented a hiring freeze in its corporate workforce as it looks to slow headcount growth. The company is still hiring warehouse...

by admin November 17, 2022
Amazon CEO Andy Jassy says layoffs will continue into next year
Technology

Elon Musk sets more in-office requirements at Twitter, threatens lax managers

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention...

by admin November 17, 2022
Elon Musk sets more in-office requirements at Twitter, threatens lax managers
Technology

FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: Filing

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David...

by admin November 17, 2022
FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: Filing
Technology

Chinese takeover of the UK’s biggest chip plant blocked on national security grounds

The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai...

by admin November 16, 2022
Chinese takeover of the UK's biggest chip plant blocked on national security grounds
Technology

Nvidia revenue falls 17% but data center growth remains strong

Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in...

by admin November 16, 2022
Nvidia revenue falls 17% but data center growth remains strong
Technology

Elon Musk says in court that he doesn’t want to be CEO of any company and tries to walk back SEC insults

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk...

by admin November 16, 2022
Elon Musk says in court that he doesn't want to be CEO of any company and tries to walk back SEC insults
Technology

Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection...

by admin November 16, 2022
Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads
Technology

Amazon starts cutting jobs, with layoffs hitting Alexa unit and cloud gaming division

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder...

by admin November 16, 2022
Amazon starts cutting jobs, with layoffs hitting Alexa unit and cloud gaming division
Technology

From $32 billion to criminal investigations: How Sam Bankman-Fried’s empire vanished overnight

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC The Kimchi Swap put Sam Bankman-Fried on the map. The year was 2017,...

by admin November 15, 2022
From  billion to criminal investigations: How Sam Bankman-Fried's empire vanished overnight
Technology

Microsoft, Meta and others face rising drought risk to their data centers

Drought conditions are worsening in the U.S., and that is having an outsized impact on the real estate that houses the internet. Data centers...

by admin November 15, 2022
Microsoft, Meta and others face rising drought risk to their data centers
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