FTX, Alameda Research must pay customers US$12.7 billion in fraud suit
Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion, a New York-based federal court ruled on Thursday.
Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion, a New York-based federal court ruled on Thursday.
The Reserve Bank of Australia is expected to keep rates on hold at 4.35% when it meets this afternoon after softer-than-expected inflation data and a share market bloodbath.
The price of Bitcoin hit its lowest mark since February, reversing months of gains.
Apple shares opened down 8%, Microsoft 5%, Nvidia 14%, Google parent Alphabet 6%, Amazon 8%, Facebook parent Meta 7% and Tesla 11%.
The global stock market slide wiped out billions of dollars from the net worths of the world’s richest people.
Musk withdrew an original lawsuit earlier this year, after claiming OpenAI and its founders were developing AI to “maximize profits” instead of benefiting humanity.
Christian Angermayer is seemingly behind every flashy investment of the last decade. With boundless bravado and a roster of famous friends—including Peter Thiel, Uma Thurman, and the president of Rwanda—he’s getting ready to launch an Olympiad for athletes on steroids.
Meta CEO Mark Zuckerberg is more than three times richer than he was in late 2022 as Meta stock bounced back.
Australian venture capital firm Foxglove Capital says fusion energy is the “ultimate energy source” – and its backed US fusion energy company Type One to prove it.
Ex-head of Rockwell Collins is ‘so competitive it’s scary’ says an industry insider, with a reputation for building a strong corporate culture and treating workers well.