Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire.
Author: Admin
Snap’s Sales Fall for First Time as a Public Company
As other tech companies returned to growth, Snap continued to struggle with advertising sales and lost money in the first quarter.
Amazon’s Growth Is Slow but Good Enough
The company, reporting a 9 percent revenue increase for the first quarter, is the latest Big Tech company to top Wall Street’s financial expectations.
As Regulators Block Tech Deals, They Increasingly Look to the Future
British regulators cited the newness of the cloud gaming field to block Microsoft’s $69 billion acquisition of Activision, a shift in antitrust strategy.
Elon Musk Ramps Up A.I. Efforts, Even as He Warns of Dangers
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.
Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.
Meta Returns to Growth After Struggling With Falling Sales
The owner of Facebook and Instagram reported a 3 percent revenue increase in the latest quarter, even as spending rose and profits fell.
Stock Markets React After U.K. Blocks Microsoft’s Activision Bid
The decision barring the takeover of a big video game publisher is a major victory for proponents of regulating tech giants, which have faced obstacles in the United States.
Tweets Become Harder to Believe as Labels Change Meaning
The elimination of check marks that helped authenticate accounts has convulsed a platform that once seemed indispensable for following breaking news.
Alphabet Shrugs Off Advertising Slump, Thanks to Search Engine
Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.