Tom Brady, Gisele Bündchen, Larry David sued by crypto investors after FTX collapse
Investors not only are suing Sam Bankman-Fried, but also celebrity endorsers of his bankrupt crypto company FTX, including Tom Brady, ex-wife Gisele Bündchen, Larry David,...
Elon Musk says he will find a new Twitter leader
Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that...
Sam Bankman-Fried, Tom Brady scrub FTX tweets after crypto exchange meltdown
Tweets have been disappearing from Sam Bankman-Fried’s Twitter account — and those of ex-business partners including NFL legend Tom Brady — as the disgraced ex-boss...
Amazon cutting jobs at devices, services units
Amazon on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around...
Elon Musk cites focus on reviving Tesla, defends $56B pay
Elon Musk said he was completely focused on Tesla in 2017 when the electric car maker was in “crisis,” as he testified in a Delaware court on Wednesday...
‘Might be in for soft landing after all:’ Retail sales rise more than expected in October
Retail sales increased more than expected in October as households stepped up purchases of motor vehicles and a range of other goods, suggesting consumer spending picked up...
FTX shrink says execs were ‘undersexed,’ denies substance abuse
The in-house performance coach at FTX claimed Tuesday the doomed crypto firm’s headquarters in the Bahamas was a “pretty tame place” — despite rampant speculation...
Michael Lewis eyes FTX’s Sam Bankman-Fried as subject of next book
Michael Lewis, the best-selling author of “The Big Short” and “Moneyball,” plans to spill the drama behind the downfall of Sam Bankman-Fried. Lewis — whose books were...
NordicTrack maker slashes 300 jobs in fifth round of layoffs
NordicTrack maker iFit Health & Fitness slashed 300 more jobs as the Salt Lake City, Utah-based company continues to reel from a change in post-pandemic...
FTX founder Sam Bankman-Fried triggered downfall by badmouthing crypto rival: sources
Three weeks before the implosion of FTX, its disgraced founder Sam Bankman-Fried bad-mouthed a rival crypto mogul at an investor conference in Saudi Arabia —...