Category Archives: Business

Live Updates: FTX Founder Sam Bankman-Fried Found Guilty of Fraud

Sam Bankman-Fried has been found guilty on all seven charges by a jury in New York.

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FTX Founder Sam Bankman-Fried Has Been Found Guilty of Fraud

The founder of crypto exchange FTX, once crypto’s golden child, has been found guilty on all counts of fraud.

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Swedish Ports Threaten to Block Teslas From Entering the Country

Tesla is failing to play by Swedish labor rules, unions claim. Now a strike that started with mechanics is starting to spread.

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World Powers Say They Want to Contain AI. They’re Also Racing to Advance It

The US, China, and others signed a declaration coordinated by the UK warning AI could be “catastrophic.” Yet none seem to be suggesting development of the technology should slow down.

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The UN Hired an AI Company to Untangle the Israeli-Palestinian Crisis

CulturePulse’s AI model promises to create a realistic virtual simulation of every Israeli and Palestinian citizen. But don’t roll your eyes: It’s already been put to the test in other conflict zones.

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Joe Biden Wants US Government Algorithms Tested for Potential Harm Against Citizens

Draft rules from the White House would require federal agencies to assess AI systems currently in use in law enforcement, health care, and other areas—and to shut down any algorithms doing harm.

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The New Era of Social Media Looks as Bad for Privacy as the Last One

The slow-motion implosion of Elon Musk’s X has given rise to a slew of competitors, where privacy invasions that ran rampant over the past decade still largely persist.

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Facebook Finally Puts a Price on Privacy: It’s $10 a Month

Meta is about to roll out ad-free subscriptions on Instagram and Facebook. But critics say privacy should not be turned into a luxury.

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Live Updates: The Trial of FTX Founder Sam Bankman-Fried, the Verdict

When Sam Bankman-Fried’s FTX crypto exchange collapsed, customers lost billions of dollars. After a bruising trial in New York, the jury is set to deliver its verdict.

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Sam Bankman-Fried Sealed His Fate Long Before the FTX Trial

Prior to his arrest, the FTX founder did a string of media interviews to tell his side of the story. In the courtroom, those comments came back to haunt him.

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