The iPhone maker is making a bold bet that it can redefine the niche category of virtual reality with its $3,500 goggles. Story Published at: June 6, 2023 at 12:30PM Continue Reading…
Can Apple Take the Metaverse Mainstream?
An A.I.-Generated Spoof Rattles the Markets
A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences. Story Published at: May 23, 2023 at 12:56PM Continue Reading…
Emails, Chat Logs, Code and a Notebook: The Mountain of FTX Evidence
Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange’s founder, have accumulated more than six million pages of documents and other records. Story Published at: May 23, 2023 at 10:00AM Continue Reading…
How FTX Missed a Potentially Lucrative Opportunity
A decision to offload warrants to buy an obscure cryptocurrency token as part of the exchange’s bankruptcy proceedings may have been costly. Story Published at: May 11, 2023 at 01:13PM Continue Reading…
F.B.I. Searches Home of Top FTX Executive
Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire. Story Published at: April 27, 2023 at 08:09PM Continue Reading…
Goldman Sachs Falters Amid Strong Earnings From Big Banks
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business. Story Published at: April 18, 2023 at 01:23PM Continue Reading…
Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges
Prosecutors this week charged Mr. Bankman-Fried with orchestrating a $40 million bribe to Chinese officials to unfreeze funds held by his trading firm, Alameda Research. Story Published at: March 30, 2023 at 04:52PM Continue Reading…
UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around. Story Published at: March 29, 2023 at 01:20PM Continue Reading…
A Crypto Fugitive’s Very Public Life While on the Run
Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States. Story Published at: March 24, 2023 at 08:28PM Continue Reading…
The Younger Brother Caught in the Middle of the FTX Investigation
The collapse of Sam Bankman-Fried’s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group. Story Published at: March 24, 2023 at 07:00AM Continue Reading…