Category: Computers and the Internet

Jury Begins Deliberations for a Verdict in Sam Bankman-Fried’s Trial

The trial for the founder of the collapsed FTX cryptocurrency exchange has moved more speedily than anticipated.
HBO Chief Calls His Effort to Attack Critics a ‘Very, Very Dumb Idea’

The push to attack television critics through fake Twitter accounts became the talk of the entertainment world on Wednesday after it was reported by Rolling Stone.
Sam Bankman-Fried Built FTX Into a ‘Pyramid of Deceit,’ Prosecutor Says

The criminal fraud trial for the founder of the FTX crypto exchange has reached closing statements. Jurors will then begin deliberating.
Tesla Wins Suit That Blamed Its Software for Deadly Crash

The decision by a California jury is the first involving a fatal accident that lawyers representing the victims said was the fault of Tesla’s self-driving technology.
Sam Bankman-Fried Denies Knowing FTX Money Was Missing, as He Concludes Testimony

The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.
Sam Bankman-Fried Denies Knowing FTX Money Was Missing, as He Concludes Testimony

The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.
Do School Smartphone Bans Work?

Proponents say no-phone rules reduce student distractions and bullying. Critics say the bans could hinder student self-direction and critical thinking.
X Says It Is Worth $19 Billion, Down From $44 Billion Last Year

The social media company’s valuation was disclosed in the paperwork for stock grants that it handed to employees on Monday.
Prosecutors Turn Sam Bankman-Fried’s Own Words Against Him

Asked during his cross-examination about his public statements and how he ran his crypto empire, the FTX founder repeatedly said he couldn’t remember.
Meta Will Charge up to €12.99 for Ad-Free Versions of Facebook and Instagram in Europe

Starting in November, subscriptions will cost between 9.99 euros and 12.99 euros per month, the company said.
Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX

Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.
BuzzFeed in Advanced Talks to Sell Complex, Backtracking on Digital Media Bet

BuzzFeed is negotiating a sale of much of Complex Networks for under $140 million, less than half of what it paid to acquire it two years ago.