Technology

The collapse of FTX, once a $32 billion crypto exchange, has shattered investor confidence in cryptocurrencies. Market players are trying to gauge the extent of damage it has caused — and how it will reshape the industry in the years to come. Sam Bankman-Fried, FTX’s former boss who stepped down on Nov. 11, was arrested

FTX founder Sam Bankman-Fried (2nd L) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022.  Mario Duncanson | AFP | Getty Images FTX founder and former CEO Sam Bankman-Fried will no longer contest extradition to the U.S., an about-face just days after he was remanded

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marlena Sloss | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff told employees in a Slack message on Friday that the company’s newest hires aren’t being productive enough, and he asked for feedback as to why that’s the case. “Are we not building tribal knowledge

Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images Over a month after the collapse of FTX, investor concern over crypto exchange Binance isn’t fading. Binance’s native token, BNB, has fallen 15% in the

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon packages move on a conveyer belt at a fulfillment center in England. Nathan Stirk | Getty Images Hundreds of Amazon workers will go on strike, Britain’s GMB union said Friday, marking a first for the company’s employees in the U.K. Employees at Amazon’s Coventry

STR | Nurphoto | Getty Images The European Union on Friday threatened tech billionaire Elon Musk with sanctions after Twitter removed several journalists that report on him and the social media company. Vera Jourova, the European Commission’s vice president for values and transparency, said in a tweet that news of the “arbitrary suspension of journalists

In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $3.60 per share, adjusted, vs. $3.50 per

In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox were down 16% on Thursday after the gaming company

In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according to a financial filing out Wednesday night. The transactions took place between Monday and Wednesday this week

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter has suspended the account dedicated to tracking the location of billionaire Elon Musk’s private jet. The account, @ElonJet, was run by Florida college student Jack Sweeney and had amassed more than half a million followers.

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

A federal indictment was unsealed Tuesday alleging widespread fraud by FTX co-founder Sam Bankman-Fried, a day after the fallen crypto exchange operator was arrested in the Bahamas in connection with the charges. The indictment in U.S. District Court in Manhattan charges Bankman-Fried with eight criminal counts: conspiracy to commit wire fraud and securities fraud, individual

CEO Sam Bankman-Fried Bloomberg | Bloomberg | Getty Images FTX founder Sam Bankman-Fried was arrested by Bahamian authorities Monday evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at 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

An image of a woman holding a cell phone in front of a Huawei logo displayed on a computer screen. Canada on Thursday said it plans to ban the use of China’s Huawei Technologies and ZTE 5G gearto protect national security, joining the rest of the so-called Five Eyes intelligence-sharing network. Artur Widak | Nurphoto

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 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 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