Category: Musk, Elon

How Sam Bankman-Fried’s FTX Crypto Empire Collapsed

The New York Times – Business:
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Is Twitter Nearly Over? Some Users Are Acting Like It Is

The New York Times – Business:
Users disclosed long-ago indiscretions, made pleas for money and revealed silly quirks as they feared the social platform’s days might be numbered.
Did FTX Fail Because of Regulators or Investors?

The New York Times – Business:
With the collapse of the giant cryptocurrency exchange, investors are asking whether regulators or the venture capitalists who funded FTX, are at fault.
Twitter Users Create Havoc by Impersonating Brands

The New York Times – Business:
The social media service, which is undergoing changes from its new owner Elon Musk, has descended into a messy swirl of spoof messages and parody accounts.
Regulators Begin Cracking Down on FTX

The New York Times – Business:
Authorities worldwide are intensifying their scrutiny of the embattled cryptocurrency exchange, amid concern about improper use of customer money.
Inside Elon Musk’s Takeover of Twitter

The New York Times – Business:
Mr. Musk ordered immediate layoffs, fired executives by email, laid down product deadlines and has transformed the company.
A Verified Mess: Turmoil From Twitter to FTX

The New York Times – Business:
Plus: Is the latest round of tech layoffs a sign of impending doom, or a much-needed structural correction?
Elon Musk Paints Bleak Picture in Email to Twitter Employees

The New York Times – Business:
In his first communications with Twitter’s staff, the company’s new owner painted a bleak picture as more employees resigned.
Laid Off by Twitter, Then Tweeting About It

The New York Times – Business:
Tech companies that created more workplace transparency see their own tools used to critique them.
Elon Musk’s Twitter Did Not Perform at Its Best on Election Day

The New York Times – Business:
False narratives about voting in the midterm elections proliferated on the platform, which has shed half its employees since Mr. Musk bought the company last month.
Twitter Files Paperwork to Enter Payments Business

The New York Times – Business:
Elon Musk, Twitter’s new owner, has been looking for ways to generate more revenue at the social media company.
FTX’s Near-Collapse Batters the Crypto Industry

The New York Times – Business:
Prices of digital currencies have tumbled even after the exchange FTX announced a provisional lifeline by a top rival, Binance.