In an updated filing Tuesday, FTX said there could be more than one million creditors with claims...
‘We will see spectacular failures’: CEOs and investors on what the end of cheap money means for tech
4 min read
‘We will see spectacular failures’: CEOs and investors on what the end of cheap money means for tech
Multibillion-dollar unicorn companies will collapse in "spectacular failures," one venture capitalist told CNBC.
Maven, the women and family health startup which boomed after the Supreme Court's abortion decision, raises $90...
Amazon plans to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according...
Binance is seeing a slight increase in withdrawals but otherwise it’s ‘business as usual,’ CEO says
3 min read
Binance CEO Changpeng Zhao said the cryptocurrency exchange has seen only a slight uptick in withdrawals and...
Bezos urges consumers and business owners to reduce risk in the face of a likely recession
2 min read
"Hope for the best, but prepare for the worst," the Amazon founder said in a CNN interview.
Billionaire Amazon founder Jeff Bezos and his partner Lauren Sanchez announced they would donate the majority of...
Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise
5 min read
Crypto.com CEO Kris Marszalek said his firm had a "tremendously strong balance sheet" and wasn't engaged in...
Sam Bankman-Fried's trading firm was able to quietly use customer funds from his exchange FTX without sounding...
Elon Musk's aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter.
New FTX CEO says the bankrupt exchange is "in the process of removing trading and withdrawal functionality"...
Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the ex-CEO...
Reuters reports that at least $1 billion worth of customer funds have vanished from the failed crypto...
The U.S. can take the lead by providing clear, business-forward regulation on crypto, writes Coinbase CEO Brian...
Disney plans targeted hiring freeze and job cuts, according to a memo from CEO Bob Chapek
4 min read
"We are limiting headcount additions through a targeted hiring freeze," Disney CEO Bob Chapek said in a...
After years of slow progress, Amazon says it's ready to deliver orders under five pounds in less...
The letter came after a Washington Post reporter successfully set up a fake verified account impersonating the...
Musk also invited employees who have returned to the San Francisco office, after surviving last week's 50%...
SpaceX shakes up Starship leadership in Texas as push for the rocket’s next milestone intensifies
4 min read
SpaceX president and COO Gwynne Shotwell and vice president Mark Juncosa are now overseeing the facility and...
The company's implosion has led the Biden White House and two powerful committee chairs to publicly criticize...
