Business News
Column: How Sam Bankman-Fried exploited the 'effective altruism' fad to get rich and con the world
L.A. Times - 22 Nov 2022 00:57What happens when CEOs return? History has some lessons for Bob Iger and Disney
L.A. Times - 22 Nov 2022 02:53Supreme Court dismisses Trump's request, clearing the way for House Democrats to obtain his tax returns
Business Insider - 22 Nov 2022 23:02
The move allows the Democratic-led House Ways and Means Committee to obtain several years of Trump's tax records.
Stock Futures Edge Up Ahead of Fed Speeches
Wall Street Journal - 22 Nov 2022 15:59
Stock futures ticked higher, pointing to muted gains at the opening bell in preholiday thin trading.
Twitter lays off some sales employees after they committed to Twitter 2.0
livemint.com - 22 Nov 2022 15:12These Two Fraudsters Duped Crypto Investors Out of $575,000,000 - This is What Happened
Crypto News - 22 Nov 2022 14:46
Two Estonian nationals have been arrested for alleged involvement in crypto-related fraud and money laundering activities worth some $575m. The two were arrested in Tallinn, Estonia, on Sunday on an 18-count indictment t...
US Senators Ask $4.5 Trillion Investment Firm Fidelity to Reconsider Exposure to Bitcoin in Wake of FTX Implosion
Crypto News - 22 Nov 2022 14:30
Three US senators asked the major financial services firm Fidelity Investments to reconsider exposing workplace retirement plans to bitcoin (BTC). Democratic senators Richard Durbin, Elizabeth Warren, and Tina Smith penn...
Bitcoin will survive failure of 'any giant' in crypto, Samson Mow says
Coin Telegraph - 22 Nov 2022 14:21
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow.
Uniswap Decentralized Exchange New Privacy Policy Says Platform Will Collect User Data - Here's What's Included
Crypto News - 22 Nov 2022 14:15
Major decentralized exchange (DEX) Uniswap has upgraded its privacy policy and now collects certain on-chain and off-chain data from users, a move that has attracted the ire of some members of the crypto community. Unisw...
Foxconn Hires Chip Veteran in Diversification Drive
Wall Street Journal - 22 Nov 2022 13:15Dow Jones Newswires: U.K. regulator opens probe into Apple and Google mobile browsers
Market Watch - 22 Nov 2022 13:15
The U.K.'s Competition and Markets Authority said Tuesday that it has launched an investigation into cloud gaming and mobile browsers after an earlier report showed Apple Inc. and Alphabet Inc. have an effective duopoly ...
Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance - Next Domino to Fall From FTX Contagion?
Crypto News - 22 Nov 2022 13:00
The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy. According to Bloomberg, citing people with knowledge of the matter, the com...
: These stocks are burning cash fast and might need to raise capital soon, Goldman Sachs flags
Market Watch - 22 Nov 2022 10:50
Goldman Sachs strategists put together a list of companies with high cash burn rates and also lofty valuations
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse -- Says 'Centralized Anything Is by Default Suspect'
Bitcoin.com - 22 Nov 2022 03:30
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” However, he warn...
Crypto Lender Genesis Asks Binance and Apollo for Cash
Wall Street Journal - 22 Nov 2022 02:57
Genesis told clients last week that it paused lending withdrawals while it shored up cash.
Market Extra: Bitcoin tumbles to fresh lows and Grayscale trust discount worsens as Genesis denies imminent bankruptcy
Market Watch - 22 Nov 2022 02:14
Bitcoin traders were spooked by a report that digital-asset brokerage Genesis told investors it might need to file for bankruptcy if it can't raise money.
US tech layoffs: India workers face painful exit from the US
BBC - 22 Nov 2022 02:09
Indians are among thousands of educated and skilled immigrant workers laid off by US tech giants.
Walt Disney CFO, Others, Brought Concerns to Board Over Bob Chapek
Wall Street Journal - 22 Nov 2022 01:48FTX User Sues Golden State Warriors For Promoting Crypto Platform
Forbes - 22 Nov 2022 00:49
The Golden State Warriors were named in a lawsuit Monday alleging the bankrupt cryptocurrency exchange FTX used the reigning NBA champions to fraudulently promote its platform.
Paramount Global Terminates Deal to Sell Simon & Schuster to Penguin Random House
Wall Street Journal - 22 Nov 2022 00:34As Twitch Changes Revenue and Exclusivity Rules, New Opportunities Abound
AdWeek - 22 Nov 2022 00:20
When wellness brand Liquid I.V. flowed into the gaming category with creator sponsorships on Twitch, it was entering uncharted territory in its 10-year brand history. Liquid I.V. felt its brand was endemic to gaming and ...
Investigators: Firm that cleans meat plants employed minors
Chicago Tribune - 22 Nov 2022 23:58
A Wisconsin company that cleans hundreds of meatpacking plants nationwide is defending itself against allegations that it employed more than two dozen minors.