Tag Archives: NYT

The Places That Sam Bankman-Fried Left Behind

Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas.

Posted in Tech | Tagged | Comments Off on The Places That Sam Bankman-Fried Left Behind

‘Don’t Do That Again’: Sam Bankman-Fried’s Lawyers Under Fire From Judge

In the first week of Mr. Bankman-Fried’s fraud trial, Judge Lewis A. Kaplan repeatedly admonished the former crypto mogul’s lawyers, in an ominous sign for the defense.

Posted in Tech | Tagged | Comments Off on ‘Don’t Do That Again’: Sam Bankman-Fried’s Lawyers Under Fire From Judge

The Wager That Betting Can Change the World

A coterie of tech insiders believe that “prediction markets” can fix social ills. Are they right?

Posted in Tech | Tagged | Comments Off on The Wager That Betting Can Change the World

California’s New Senator Was a Labor Leader. Why Are Unions Upset With Her?

Laphonza Butler was part of Uber’s push to avoid having to classify its drivers as employees. Her new appointment has drawn ire from labor advocates.

Posted in Tech | Tagged | Comments Off on California’s New Senator Was a Labor Leader. Why Are Unions Upset With Her?

Amazon Launches First Project Kuiper Satellites Into Space

The two prototype spacecraft will test systems to be used in a planned megaconstellation to provide internet service from orbit that will eventually compete with SpaceX’s Starlink service.

Posted in Tech | Tagged | Comments Off on Amazon Launches First Project Kuiper Satellites Into Space

Gary Wang, a FTX Founder, Says Sam Bankman-Fried Steered Misuse of Funds

Mr. Wang is one of three key witnesses who pleaded guilty and agreed to cooperate against Mr. Bankman-Fried, the onetime crypto mogul on trial for fraud.

Posted in Tech | Tagged | Comments Off on Gary Wang, a FTX Founder, Says Sam Bankman-Fried Steered Misuse of Funds

How the Big Chip Makers Are Pushing Back on Biden’s China Agenda

Nvidia, Intel and Qualcomm are campaigning to protect their businesses before further crackdowns on the sale of semiconductor technology to Beijing.

Posted in Tech | Tagged | Comments Off on How the Big Chip Makers Are Pushing Back on Biden’s China Agenda

‘Lied to the World’ or Acted in ‘Good Faith’: Sam Bankman-Fried’s Trial Opens

Prosecutors said the FTX founder had lied to customers. Defense lawyers said he had just been trying to prevent his cryptocurrency exchange from melting down.

Posted in Tech | Tagged | Comments Off on ‘Lied to the World’ or Acted in ‘Good Faith’: Sam Bankman-Fried’s Trial Opens

Spotify Gave Subscribers Music and Podcasts. Next: Audiobooks.

A year after adding à la carte sales of audiobooks, Spotify is offering paying subscribers 15 hours of books a month.

Posted in Tech | Tagged | Comments Off on Spotify Gave Subscribers Music and Podcasts. Next: Audiobooks.

What to Know About Sam Bankman-Fried’s Fraud Trial

Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars of FTX customer money.

Posted in Tech | Tagged | Comments Off on What to Know About Sam Bankman-Fried’s Fraud Trial