Technology

Government exhibit in Sam Bankman-Fried’s criminal trial Source: SDNY In afternoon testimony on Monday, former FTX engineering chief Nishad Singh told a Manhattan jury about two one-on-one meetings he held with Sam Bankman-Fried last year to discuss the dire state of the crypto firm’s finances. Singh, who joined sister hedge fund Alameda Research in 2017
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The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether froze 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday. Tether, which issues the
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Thierry Breton, a former CEO of French IT consulting firm Atos, is seen as a key architect of the European Union’s digital reforms. Anadolu Agency | Getty Images Days after the Israel-Hamas war erupted last weekend, social media platforms like Meta, TikTok and X (formerly Twitter) received a stark warning from a top European regulator
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In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul, Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft has closed its acquisition of video game publisher Activision Blizzard, according to a regulatory filing by the company on
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In this article ASML-NL 7751.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Canon, the Japanese firm well known for its cameras and printers, is ramping up efforts in the semiconductor manufacturing equipment space. Brian Ach | Getty Images Canon, the Japanese firm best known for its printers and cameras, launched a critical tool on Friday it
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images In the fourth quarter of 2021, a Tesla employee and a tech industry researcher jointly filed a whistleblower complaint to the U.S. Securities and Exchange
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In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta Platforms CEO Mark Zuckerberg arrives at federal court in San Jose, California, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images European regulator Thierry Breton shared a letter to Meta CEO Mark Zuckerberg on Wednesday urging the billionaire to be “vigilant” about
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Caroline Ellison, former chief executive officer of Alameda Research LLC, exits court in New York, US, on Tuesday, Oct. 10, 2023.  Yuki Iwamura | Bloomberg | Getty Images Caroline Ellison, who ran Sam Bankman-Fried’s crypto hedge fund while also dating the FTX founder, told jurors in her second day of testimony that one way her
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Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Images A majority of Europeans want government restrictions on artificial intelligence to mitigate the impacts of the technology on job security, according to a major
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A scene from “The Office.” NBC-TV If you’ve watched HBO’s “Silicon Valley” or NBC’s “The Office,” you’ve seen several examples of obnoxious aggression and manipulative insecurity exhibited by leaders.  It almost goes without saying that actual managers shouldn’t look to mimic Michael Scott, or the command-and-control culture dramatized on television. Instead, leaders should strive for
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In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT The Snapchat application on a smartphone arranged in Saint Thomas, Virgin Islands, Jan. 29, 2021. Gabby Jones | Bloomberg | Getty Images Snap is under investigation in the U.K. over privacy risks associated with the company’s generative artificial intelligence chatbot.  The Information Commissioner’s Office (ICO),
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