Tag: Content Types

Southern California's Container Ship Backup Ends

Southern California's Container Ship Backup Ends

Officials declared an end to the backup of ships at Southern California’s ports more than two years after vessels began lining up in weekslong queues that became one of the most visible signs in the U.S. of the pandemic-driven turmoil in supply chains. The Marine Exchange of Southern California said Tuesday the backup at the […]

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FTX Says Substantial Amount of Crypto Assets Stolen or Missing

FTX Says Substantial Amount of Crypto Assets Stolen or Missing

A substantial amount of FTX’s assets are either missing or stolen, a lawyer for the failed crypto exchange said in court, vowing to cast a wide net to secure potentially billions of dollars in funds that passed through the firm he called the “personal fiefdom” of co-founder Sam Bankman-Fried. Tuesday’s hearing marked an inflection point […]

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What to Expect as FTX Debuts Biggest Crypto Chapter 11 in Court

What to Expect as FTX Debuts Biggest Crypto Chapter 11 in Court

FTX is expected to make its debut appearance Tuesday in Delaware bankruptcy court, where its new management is expected to recount events leading up to the cryptocurrency platform’s sudden collapse and explain the steps it has since taken to secure customer funds and other assets. FTX’s lawyers are advancing an unprecedented chapter 11 case marked […]

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Is Elon Musk Your Boss's Anger Translator?

Is Elon Musk Your Boss's Anger Translator?

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Duke Energy Enters Into Amazon Cloud Deal

Duke Energy Enters Into Amazon Cloud Deal

Duke Energy Corp. said it has signed a three-year deal with Amazon. com Inc.’s cloud-computing unit as the electric power and natural gas holding company aims to advance its power grid improvements and clean energy goals. Charlotte, N.C.-based Duke will use Amazon Web Services to run applications that predict electricity needs on its power grid, […]

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