A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried, citing heightened flight risk, and said he should be remanded to Bahamian custody until February 8, 2023, hours after a U.S. federal criminal indictment against Bankman-Fried alleging a massive fraud at FTX was unsealed in New York City. Bankman-Fried was
Technology
U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, February 25, 2022. Octavio Jones | Reuters A new bill from a bipartisan group of lawmakers, if passed, would ban TikTok in the U.S. after years of broad concern across the Trump and Biden administrations about potential
In this article MC-FR TWTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Blake | Reuters Tesla CEO Elon Musk is no longer the
Elon Musk attends Heidi Klum’s 2022 Hallowe’en Party at Cathedrale at Moxy Hotel on October 31, 2022 in New York City. Taylor Hill | Getty Images Tech billionaire Elon Musk was met with a mixture of boos and cheers from an audience at a Dave Chappelle comedy show Sunday night. The comedian brought the Tesla
Microsoft logo seen at their building in Redmond, Washington. Toby Scott | SOPA Images | LightRocket | Getty Images LONDON — U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group and took a near 4% stake in the U.K. bourse operator. The partnership involves next-generation data and analytics,
In this article BTC.CM= ETH.CM= Follow your favorite stocksCREATE FREE ACCOUNT Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images Kris Marszalek wants everyone to know that his company, Crypto.com, is safe and in good hands. His TV appearances and tweets make
In this article FTT.CM= AMZN GOOGL Follow your favorite stocksCREATE FREE ACCOUNT John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022. Eric Lee | Bloomberg | Getty Images Attorneys in the Bahamas filed an emergency motion on Friday asking a Delaware
In this article GETR Follow your favorite stocksCREATE FREE ACCOUNT Paul Chinn | San Francisco Chronicle | Getty Images Carsharing company Getaround made its public market debut Friday through a merger with blank-check company InterPrivate II Acquisition Corp. The company saw its share value drop more than 65%, reflecting the chilly environment for both SPACs
A bike courier outside a grocery warehouse operated by Gorillas Technologies GmbH in the West Kilburn district of London, UK, on Thursday, Dec. 8, 2022. Laura Zapata | Bloomberg | Getty Images Turkish grocery delivery firm Getir acquired its German rival Gorillas for an undisclosed amount, the company said Friday. “Markets go up and down,
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022. STR | Nurphoto | Getty Images Elon Musk led a $44 billion acquisition of Twitter and appointed himself CEO
Investor, “Shark Tank” judge and CNBC contributor Kevin O’Leary said Thursday he’s lost all of the $15 million FTX paid him to act as a spokesman for the now-collapsed crypto exchange that some have called fraudulent. O’Leary and other celebrities, such as Tom Brady and Larry David, were sued by FTX investors who say the
Former Theranos chief operating officer and president Ramesh “Sunny” Balwani was sentenced to nearly 13 years in prison Wednesday for fraud, after the unraveling of the blood-testing juggernaut prompted criminal charges in California federal court against both Balwani and Theranos founder Elizabeth Holmes, who on Nov. 18 was sentenced to more than 11 years in
Lensa AI image. Sofia Pitt You may have noticed a new trend taking over your Instagram feed. Your friends are turning themselves into digital art with the help of an artificial intelligence-generated app called Lensa. Lensa AI is currently the top free app in Apple App Store, though you’ll have to pay to use the
US singer Taylor Swift poses in the press room after winning six awards at the 50th Annual American Music Awards at the Microsoft Theater in Los Angeles, California, on November 20, 2022. – Valerie Macon | AFP | Getty Images Earlier this year, as the crypto meltdown was draining the industry of liquidity, FTX executives
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook confirmed that Apple will buy U.S.-made microchips at an event in Arizona on Tuesday, where President Joe Biden also spoke. Cook said Apple would buy processors made in a new Arizona factory, according to a video from the event. “And now,
Packages move along a conveyor belt at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, on Monday, Nov. 28, 2022. Stephanie Keith | Bloomberg | Getty Images EU antitrust regulators have reached a final deal with Amazon, three years after officials in Brussels opened a probe into whether the company uses data
Anwar Almojarkesh (L) and Alan Chalabi (R) from England take a photo at Meta (formerly Facebook) corporate headquarters in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images A group of Meta workers who joined the company via a corporate training program say they are receiving inferior severance packages compared
In this article BTC.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021. Matias J. Ocner | Miami Herald | Tribune News Service | Getty Images Sam Bankman-Fried, the disgraced former CEO of FTX — the bankrupt
The Nothing Phone (1). Nothing U.K.-based consumer tech company Nothing is setting its sights on the U.S., with ambitions of taking on Apple’s iPhone. The startup, the hardware venture of Carl Pei — co-founder of Chinese mobile phone maker OnePlus — is in early conversations with American carriers about launching a new smartphone in the
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Web Services (AWS) CEO Adam Selipsky delivers a keynote address during AWS’ annual re:Invent conference at the Venetian in Las Vegas on Nov. 29, 2022. Noah Berger | Getty Images Amazon Web Services has been the biggest growth engine for its parent company over
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