Category: Venture Capital

Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign

The New York Times – Business:
Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.
FTX Founder Gamed Markets, Crypto Rivals Say

The New York Times – Business:
Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors.
Media Start-up Semafor Plans to Buy Out Sam Bankman-Fried’s Investment

The New York Times – Business:
Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency company fell apart and he was charged with crimes.
After a Burst of New Businesses, a Cooling Economy Intrudes

The New York Times – Business:
The pandemic has brought a boom in entrepreneurship, but higher interest rates, a chill in venture capital and fears of recession now pose obstacles.
A New Area of A.I. Booms, Even Amid the Tech Gloom

The New York Times – Business:
An investment frenzy over “generative artificial intelligence” has gripped Silicon Valley, as tools that generate text, images and sounds in response to short prompts seize the imagination.
Turning the Page on 2022

The New York Times – Business:
A selection of the best business books of the year, a few tips from readers and the titles DealBook looks forward to reading in 2023.
The 2022 Good Tech Awards

The New York Times – Business:
Nuclear fusion, generative A.I., bee tracking and more. There’s a lot to like.
How the Collapse of Sam Bankman-Fried’s Crypto Empire Has Disrupted A.I.

The New York Times – Business:
Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence. Now those efforts are reeling.
Sam Bankman-Fried Interview: Read the Transcript

The New York Times – Business:
In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Ben Affleck and Matt Damon to Start Independent Production Company, Artists’ Equity

The New York Times – Business:
Unlike streaming services and most studios, they plan to share profits with their actors and off-camera artisans.
Elizabeth Holmes Is Sentenced to More Than 11 Years for Fraud

The New York Times – Business:
Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.
Elizabeth Holmes to be Sentenced in Fraud Trial

The New York Times – Business:
Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.