Sam Bankman-Fried claims new FTX CEO John Ray made ‘false’ claims in court filings
Disgraced FTX founder Sam Bankman-Fried lashed out at the company’s new CEO John Ray, alleging he has made “false” statements in court filings during the...
FTX investors who lost up to $2M lash out at Sam Bankman-Fried
Evan Luthra says he lost more than $2 million when the FTX cryptocurrency exchange imploded last month. And he feels doubly injured seeing disgraced founder...
Apple scales back self-driving car, delays launch to 2026
Apple has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car’s target launch date to 2026, Bloomberg News reported on Tuesday, citing people with...
Elon Musk’s Twitter faces more legal action in severance flap
A trio of former Twitter employees are taking legal action against the Elon Musk-led company – alleging the billionaire “job killer” stiffed them on promised...
Michael Rubin’s Fanatics valued at $31B after new round of financing
Sports platform Fanatics has raised $700 million in a new financing round led by private equity firm Clearlake Capital, valuing Fanatics at $31 billion, sources familiar with the matter...
US opens probe into Jeep Compass SUV engines shutting down
US safety regulators are investigating complaints that the engines on some small Jeeps can shut down while being driven. The probe by the National Highway...
BuzzFeed cutting 12% of workforce as CEO warns of downturn
BuzzFeed will cut about 12% of its workforce to rein in costs, the online media company said Tuesday, as it joins a growing number of US...
Goldman Sachs’ David Solomon eyes bargain crypto firms
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and...
Abandon cryptocurrency, CNBC’s Jim Cramer tells investors
CNBC personality Jim Cramer told investors to dump their cryptocurrency investments during a scathing segment in the wake of FTX’s catastrophic bankruptcy. Cramer, a frequent...
Oscar Mayer Ham & Cheese Loaf recalled over possible contamination
Approximately 2,400 pounds of the Oscar Mayer Ham & Cheese Loaf are being recalled over possible cross-contamination with under-processed products, according to the Department of...