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
0 Comments
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
0 Comments
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)
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments