reader comments 123 with On Friday, Sam Bankman-Fried began his first day testifying before a jury with a loss. The FTX co-founder had intended to explain exactly how much he relied on lawyers to steer his decision-making amid the cryptocurrency exchange’s rise and collapse, but US District Judge Lewis Kaplan ruled that particular part of ..
Tag : Policy
Enlarge / Prabhakar Raghavan, a senior vice president at Google (where he is responsible for Google Search, Assistant, Geo, Ads, Commerce, and Payments products), speaks during a 2018 event. reader comments 56 with On Friday, Google started defending its search business during the Justice Department’s monopoly trial. Among the first witnesses called was Google’s senior ..
Enlarge / The Apple Watch Series 6. reader comments 102 with The Apple Watch violates patents owned by California-based Masimo, the US International Trade Commission (ITC) ruled on Thursday [PDF]. The federal agency issued a limited exclusion order for the smartwatches, meaning the Apple Watch is in jeopardy of an import ban. The ITC’s ruling ..
reader comments 436 with One year into Elon Musk’s ownership of X, the finances of the platform formerly known as Twitter remain shaky. But the ongoing money troubles haven’t stopped Musk from forging ahead with his plan to turn X into a bank, a move he said last November would be key to helping the platform ..
Enlarge / FTX Founder Sam Bankman-Fried arrives at US District Court on March 30, 2023, in New York City after being hit with a criminal charge for allegedly authorizing a bribe of at least $40 million to one or more Chinese government officials. Getty Images | Michael Santiago reader comments 91 with Sam Bankman-Fried took ..
reader comments 13 with Slowly but surely, the public will start gaining more access to evidence shared in the Department of Justice’s antitrust trial probing Google’s search business, following an intervention by press outlets. In a motion to intervene, outlets earlier this month told the court that they were struggling to cover the trial because ..
Enlarge / A T-Mobile store on August 24, 2023 in Washington, DC. Getty Images | Anna Moneymaker reader comments 103 with T-Mobile has scrapped a plan to automatically switch users to newer, more expensive packages after hearing loads of criticism from customers. The plan became public knowledge two weeks ago with the leak of internal ..
Aurich Lawson | Getty Images reader comments 193 with One year after Elon Musk’s $44 billion purchase of Twitter, which he completed on October 27, 2022, after months of legal drama, the social media firm that Musk renamed “X” is on shaky financial ground. Musk has expressed ambitions to transform X into an “everything app” ..
Enlarge / A press photo of the Nvidia H100 Tensor Core GPU. reader comments 27 with On Tuesday, chip designer Nvidia announced in an SEC filing that new US export restrictions on its high-end AI GPU chips to China are now in effect sooner than expected, according to a report from Reuters. The curbs were ..
reader comments 68 with State attorneys general in 41 states and the District of Columbia sued Meta today. The move comes after the conclusion of a multistate probe launched in 2021, where a bipartisan coalition of state enforcers began examining how Facebook and Instagram features are designed to allegedly addict and harm kids. Back in ..
