Technology

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023.  Amanda Perobelli | Reuters Prosecutors in the criminal trial against FTX founder Sam Bankman-Fried compared one of the defense’s arguments to a scene
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In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google headquarters in Mountain View, California, on Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut dozens of jobs in its news division this week, CNBC has learned, downsizing at a particularly sensitive time for online platforms and publishers. An estimated 40
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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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