[ad_1] NASSAU, Bahamas—Sam Bankman-Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers, crypto acolytes and Silicon Valley bigwigs to ask how something that seemed so promising could have imploded so fast. The emerging picture suggests FTX wasn’t simply felled by a rival, or undone by a bad trade or […]
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[ad_1] WESTBOROUGH, MASS. — In a brightly lighted warehouse tucked along an industrial road about 45 minutes west of Boston, a yellow-plated, gooseneck-like mechanical arm stretched one recent morning and plucked a plastic jar holding a powdered drink mix out of a yellow box. The device rose up, spun around with a loud whirring sound […]
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[ad_1] Nearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company. [ad_2] Source link Source link
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[ad_1] The Twitter boss shared details of company’s speech policy and tweeted that some accounts would be reinstated. [ad_2] Source link Source link
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[ad_1] The first day of Twitter 2.0 got off to a chaotic start, after an avalanche of employees rejected Elon Musk‘s ultimatum that they commit to being “hardcore” and he raced to remake the social network to his liking. Less than 24 hours after mass resignations rolled in, Mr. Musk called his remaining employees back […]
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[ad_1] The planned workforce reductions come as the used-car retailer faces economic headwinds and an uncertain future, its CEO said. [ad_2] Source link Source link
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[ad_1] The company trims its growth forecast, saying its dealers don’t have enough electricians to handle orders, extending wait times for customers. [ad_2] Source link Source link
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[ad_1] Tech Silicon Valley investor is looking toward Taiwan, while dismissing China’s Xi Jinping as a ‘weak leader’ for tightening controls on business [ad_2] Source link Source link
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[ad_1] Tech Ride-hailing and e-commerce company joins global tech giants in cutting payroll [ad_2] Source link Source link
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[ad_1] Tech Chief executive says cuts have been ‘most difficult decision’ he has made [ad_2] Source link Source link
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[ad_1] Tech Company follows up with practical details after billionaire challenges remaining employees to be ‘hardcore’ or leave: ‘This is not a phishing attempt’ [ad_2] Source link Source link
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[ad_1] Business Management Management & Careers Twitter boss’s ultimatum to work long hours or leave could jolt culture but comes with risks, consultants say [ad_2] Source link Source link
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[ad_1] Taylor Swift is canceling her “Eras Tour” ticket sale to the general public planned for Friday, according to people familiar with the matter. The presale for the pop star’s first tour in five years has seen historic demand, overwhelming ticketing systems and leaving few available seats. [ad_2] Source link Source link
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[ad_1] The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed filing with the bankruptcy court. [ad_2] Source link Source link
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[ad_1] Facebook’s parent has fired or disciplined more than two dozen employees and contractors over the last year whom it accused of improperly taking over user accounts. [ad_2] Source link Source link
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[ad_1] Tech Tesla CEO testified in Delaware that clearing the performance targets for his pay to vest was ‘extremely unlikely’ [ad_2] Source link Source link
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[ad_1] Chief Executive Oliver Blume is beginning to reorder VW’s most ambitious—and fraught—endeavors to focus on near-term implementation of key software and technology for coming models. [ad_2] Source link Source link
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[ad_1] The order is the latest sign of how Western governments are seeking to prevent Chinese ownership of key assets, adding to recent moves in Canada and Germany. [ad_2] Source link Source link
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[ad_1] The Chinese e-commerce company’s 3% rise in revenue is among its weakest revenue expansions since going public. [ad_2] Source link Source link
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[ad_1] WSJ News Exclusive Business The planned factory would also make solar cells, a key part of the supply chain not currently produced in the U.S. [ad_2] Source link Source link
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[ad_1] The U.S. company’s subsidiary is ending its 14-year licensing partnership with NetEase following disagreements over issues including data control. [ad_2] Source link Source link
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[ad_1] Tech Federal authorities continue to investigate entity’s relationship with a Chinese startup tied to co-founder Mo Chen [ad_2] Source link Source link
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[ad_1] The company said it expects production starts of wafers for the two major types of memory chips to be about 20% lower than in the recently ended quarter. [ad_2] Source link Source link
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[ad_1] Amazon said it is laying off employees across its corporate ranks, in a rare round of cuts for a tech giant that has mostly seen consistent growth throughout its history. [ad_2] Source link Source link
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[ad_1] What started as a dream job turned into a nightmare for employees of the crypto exchange that imploded in spectacular fashion last week. [ad_2] Source link Source link
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[ad_1] Staffers have a Thursday deadline to stay or take a severance package. [ad_2] Source link Source link
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