🟡Semafor Business: The black swan in the latest bank crisis
The Commodity Futures Trading Commission had reportedly been probing Binance since at least 2021.
In 2018, Musk wanted to take charge of OpenAI to beat Google but others opposed the move, putting Altman at the helm.
The Messenger is gearing up for an online tabloid war.
The celebrities were accused of promoting crypto brands without disclosing that they were paid to do so.
The self-governing region has accused Chinese vessels of cutting the undersea cables connecting one of its outlying islands, putting a renewed focus on the need to shore up its internet infrastructure.
The bank paid senior staff in special bonds whose value was wiped out by Swiss regulators in the rescue, people familiar with the matter said.
The once-hot media company is being sold for scrap, but its co-founder made himself one of the richest men in 20th Century media.
The latest round of job cuts will primarily impact Amazon’s cloud computing, human resources, advertising, and Twitch live-streaming businesses, the company said.
Mike Brown, CEO of Travel + Leisure, said there were 42% more first-time buyers of timeshares last year.
A dispute between executives and the board over the outlook for venture capital left the bank with just a day to raise $2 billion.
Weeks after giving birth to her second child, the Theranos founder is asking a judge to allow her to stay home while she appeals her conviction.
The news came exactly one week after the collapse of Silicon Valley Bank.
Some hope is beginning to emerge in the tech industry that the lender survives in some form, even under new ownership.
Proposed bills in Texas aim to limit legal exposure for projects that inject CO2 underground.
The controversy over the fees underscored the frustration fans have felt in recent months as their favorite artists, from Taylor Swift to Beyoncé to The Cure, use Ticketmaster to go on tour.
The parent company of Silicon Valley Bank has filed for Chapter 11 bankruptcy a week after SVB was taken over by U.S. regulators.
11 different banks said they would together give up to $30 billion in uninsured deposits to prevent the collapse of First Republic Bank.
Silicon Valley Bank’s collapse has raised concerns about the stability of the global banking system.
REUTERS/Ahmed Yosri
