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Monthly Archives: November 2022
Bahamas regulators confirm they’re holding some of FTX’s assets
FTX regulators in the Bahamas conceded they had seized FTX digital assets after being accused of doing so by FTX’s U.S. attorneys in an emergency filing.
Tech layoffs are not a bellwether for broader cuts in other industries, Morgan Stanley analysts say
Tech layoffs are more a matter of perception than a matter for broader concern yet, a Morgan Stanley note read, with the larger workforce still understaffed.
‘We’re going to dream a little less’: Sequoia’s Doug Leone on fallout from FTX’s collapse
Billionaire venture capitalist Doug Leone said there wasn’t much his firm Sequoia Capital could do to predict the solvency crisis at FTX.
Elon Musk Reinstates Trump’s Twitter Account
Mr. Musk, who had asked Twitter users about whether to bring back the former president to the service, said, “The people have spoken.”
Elizabeth Holmes Is Sentenced to More Than 11 Years for Theranos Fraud
Ms. Holmes was convicted in January of four counts of fraud for deceiving investors with claims about her blood testing start-up Theranos.
Elon Musk’s Twitter Teeters on the Edge After Another 1,200 Leave
Mr. Musk sent emails on Friday asking to learn about Twitter’s underlying technology as key infrastructure teams have been decimated.
Ticketmaster’s Parent Company Said to Face Justice Department Investigation
The inquiry predates the botched presale of Taylor Swift tickets this week and is said to focus on whether Live Nation has abused its power in the live music industry.
It’s Official: The Leap Second Will Be Retired (a Decade from Now)
On Friday, an international vote was taken to ditch the leap second, a technical fudge that has caused headaches since its inception 50 years ago.
Reuters reveals Nvidia offers new advanced chip for China that meets U.S. export controls
Reuters was first to report U.S. chip maker Nvidia Corp is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China’s hands. The chip, called the A800, represents the … Continue reading
Reuters reveals output of Apple iPhones at major China plant could fall 30% amid COVID curbs
Reuters was first to report that production of Apple’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening COVID-19 curbs in China. The post Reuters reveals output of Apple … Continue reading