FTX, the defunct cryptocurrency exchange, is finally being forced to publicly detail its spending habits in the company’s ongoing Chapter 11 bankruptcy proceedings. And the resulting documents are illuminating.
Twitch, the livestreaming platform that’s brought us infinity steamed hams and an avenue for gaming creators to more easily monetize their video work, is going through a transition.
With the rise and proliferation of advanced, large language model chatbots like OpenAI’s ChatGPT, everyone and their mother seems to be talking about AI.
Virgin Orbit is pausing all impending operations after announcing it is furloughing the majority of its staff in a companywide effort to cut costs and secure investor funding. The company informed its staff of the furloughs at a meeting on Wednesday, telling employees they would receive further information next week,…
As down-and-out crypto exchange FTX struggles through the miasma of Chapter 11 bankruptcy, seeking to recoup funds needed to make customers and investors whole, the company now says there was around $3.2 billion dolled out to former CEO Sam Bankman-Fried and five other members of his inner circle before the collapse.
Things haven’t been going well for Donald Trump’s Truth Social platform, or its parent media company, Trump Media & Technology Group (TMTG), for a while now. Yet still, circumstances seem to be worsening for the former president’s online venture.
T-Mobile, the second largest wireless carrier in the U.S. announced on Wednesday it is buying prepaid wireless carrier Mint Mobile from parent company Ka’ena Corporation in a deal worth $1.35 billion. The acquisition will also include Ka’ena subsidiaries Ultra Mobile (another prepaid wireless service) and wireless…
The ByteDance-owned TikTok is facing a metric ton of western scrutiny over how much user data might be seen by Chinese government officials in Beijing. How best to proceed?