Investors in Sam Bankman-Fried’s bankrupt crypto firm FTX agreed to drop their claims against the convicted fraudster in exchange for his cooperation in lawsuits against other defendants — including celebrities Tom Brady, Gisele Bundchen and Larry David who promoted the company before its stunning collapse. According to the settlement — filed by a group of
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Former President Donald Trump is set to earn a $1.25 billion “earnout” bonus from his media company after its stock price exceeded a key threshold that made him eligible for the reward. Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the
The Federal Trade Commission said Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate competition. This comes at a time when several US lawmakers have sought increased scrutiny from the FTC of several multi-billion dollar deals that might risk higher prices and affect consumers. US
The Rwanda bill that ministers hope will curb the number of small boats crossing the Channel “raises major concerns”, a leading human rights official has said as he called for key clauses to be reversed. Michael O’Flaherty, the Council of Europe’s commissioner for human rights, said he was “concerned” about the new law and he
Australia’s prime minister said Elon Musk is an “arrogant billionaire who thinks he is above the law” over his reluctance to remove footage of last week’s Church stabbing from X. In response, Elon Musk thanked him “for informing the public that this platform is the only truthful one”. The spat comes after a week of
Ryan Reynolds appears to have confirmed that Wrexham striker Ollie Palmer is in his next film, Deadpool 3. The Hollywood star, an owner of the Welsh football club, shared the trailer on social media, writing: “Found the guy who killed Bambi’s mom”. Image: A still from the Deadpool 3 trailer. Pic: Marvel/Disney An eagle-eyed Wrexham
Rishi Sunak warned the world is now “more volatile and dangerous” than at any time since the Cold War, as the prime minister embarked on a trip to Poland and Germany to discuss the threat of expansionist Russia and refocus the world’s eyes back on to Ukraine. Speaking to journalists on the flight over to
In this article IQ Follow your favorite stocksCREATE FREE ACCOUNT IQiyi, sometimes dubbed the “Netflix” of China, swung to a profit in 2023 for the first time since it listed in the U.S. in 2018. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese video streaming platform iQiyi is turning its attention to the country’s
Tesla has used a new Texas state law to exempt its Austin gigafactory from Austin’s environmental regulations, as reported by Austin Business Journal. Tesla’s Texas gigafactory is commonly referred to as being in Austin, but it is actually situated not far outside the city’s official borders. This is technically part of Austin’s “extraterritorial jurisdiction” (ETJ)
Magic Eden coders gathered in an Airbnb in San Jose, California, to hack in preparation for the so-called bitcoin halving. Amil Husain In the East Foothills of San Jose, California, 17 coders working for the popular ordinals marketplace maker, Magic Eden, piled into a 4-bedroom, 3,875 square-foot house rented on Airbnb. Their goal was to
The government’s Rwanda bill will finally become law after the Lords decided there would be no further amendments in a late-night session. For weeks, peers have been pushing back on the scheme – which seeks to deport asylum seekers arriving in the UK via small boats to the African nation – and trying to get
Tesla’s quarterly revenue has dropped for the first time in almost four years, according to financial result filings, demonstrating why the electric carmaker is cutting prices further along with its cost base. The company, founded and run by Elon Musk, reported revenues of $23.3bn over the first three months of the year, its first quarter.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as
Indian Prime Minister Narendra Modi is facing a widespread backlash after referring to Muslims as “infiltrators” during a campaign speech over the weekend. Congress, the main opposition party to Mr Modi’s Bharatiya Janata Party (BJP), on Monday reported the prime minister’s “deeply objectionable” comments to the Election Commission, saying they violated electoral law. The comments
As the first of Donald Trump’s four criminal trials begins this week, will it have any effect on his chances of re-election in November? The former president faces 34 counts of falsifying business records in connection to $130,000 paid to porn star Stormy Daniels. He is accused of falsifying internal business records as part of
Travellers have been warned of possible delays after a power outage grounded all flights at Liverpool John Lennon Airport. The airport said engineers “have resolved the earlier Air Traffic Control power issue”, but there may still be delays to flights. Aircraft operations have now resumed at the airport in Liverpool. Follow Sky News on WhatsApp
Loading… Loading… The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment
Carrie Lester looks forward to the phone call every Thursday from her doctors medical assistant, who asks how shes doing and if she needs prescription refills. The assistant counsels her on dealing with anxiety and her other health issues. This story also ran on NPR. It can be republished for free. Lester credits the chats
Tesla on Saturday slashed the price of its Full Self-Driving (FSD) driver assistant software to $8,000 from $12,000 in the United States, as CEO Elon Musk reaffirms his commitment to self-driving technology. Musk is betting the technology will become a major source of revenue for the world’s most valuable automaker. But he has for years
The House on Saturday voted to ban TikTok — and even some Americans who make bank on the Chinese-owned app believe its end cant come soon enough, saying it’s become a cesspool of hate and misinformation. Comedian and actor Zach Sage Fox, who earns his living in part by posting clips of his standup to
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