The strength of Ellison's testimony against Bankman-Fried also likely played a big role in convincing the judge to grant leniency, said Paul Tuchmann, a former… Read More »FTX Insider Caroline Ellison Sentenced to Two Years in Prison
Pilots work shifts on long flights. When they are not flying, they rest in hidden rooms. I was given a tour of the secret room… Read More »I went into the secret room where pilots sleep on long flights. It was the best seat on the plane.
Ms. Ellison, a top adviser to Sam Bankman-Fried, the disgraced founder of FTX, pleaded guilty to conspiring with him to steal $8 billion and became… Read More »Caroline Ellison sentenced to two years in prison for role in FTX fraud
The financial giant, which processes the majority of debit card spend in the United States, imposed unfair fees on merchants, scaring off competitors, the Justice… Read More »US accuses Visa of debit card monopoly
The US Coast Guard has released a map of the vast debris field left behind shortly after last year's deadly OceanGate disaster Titan implosion of… Read More »The implosion of the OceanGate Titan left behind a debris field of 30,000 square meters
It's a valid legal strategy, Alan Rozenshtein, an associate professor of law at the University of Minnesota Law School, explained to WIRED, since the First… Read More »TikTok's defense strategy involves throwing Shein and Temu under the bus
By Michelle Nichols and Humeyra Pamuk UNITED NATIONS (Reuters) – Israel is open to ideas to de-escalate the conflict in Lebanon, Israel's U.N. Ambassador Danny… Read More »Israel open to ideas to bring about de-escalation in Lebanon, says Israel's UN envoy
Broadcom accuses AT&T of attempting to “turn back the clock and force Broadcom to sell” “support services for perpetual software licenses … that VMware has… Read More »Broadcom responds to AT&T's VMware support lawsuit: AT&T has 'other options'
In the run-up to the November election, Meta has reduced its emphasis on political content on Facebook, Instagram and Threads, and will not discuss candidates… Read More »How Meta distanced herself from politics
A US Navy fuel ship was damaged in the Middle East on Monday. The supply ship USNS Big Horn was likely involved in a collision,… Read More »A deployed US Navy fuel ship sustained damage after apparently colliding with something in the Middle East
Jim Covello, head of equity research at Goldman Sachs, warned that building too much of what the world doesn't need “usually ends badly.”
It all started when Donahoe took over as CEO and made the controversial decision to restructure Nike’s product and marketing divisions, shedding long-established categories like… Read More »Nike's new CEO faces a huge challenge
OpenAI CEO Sam Altman published a note saying that artificial intelligence (AI) is the “most consequential” thing in history. Unlimited co-founder, CEO and chief investment… Read More »'Macroeconomic realities' limit AI: expert
On Monday, OpenAI CEO Sam Altman outlined his vision for an AI-driven future of technological progress and global prosperity in a new personal blog post… Read More »OpenAI CEO: We could have AI superintelligence in “a few thousand days”
The country's central bank also gave commercial banks the freedom to lend more money, a package of measures aimed at reviving growth in a stagnant… Read More »China cuts interest rates, mortgage payments
