Sam Bankman-Fried continues to say firm’s downfall can be solely explained by misplaced $8bn The founder of the failed crypto exchange FTX has written to its former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8bn (£6.7bn). In the letter, first published …
Founder of failed crypto exchange FTX apologises to ex-employees Read More »
You can keep your iPhones, emails and streaming videos. Aren from London, Lisa from St Louis and Billy from Wigan are quite happy with old-fashioned alternatives. And there are plenty more where they came from More than 40 years since the fax machine became an office mainstay, it seems the party is finally over. With …
Many of the world’s most inspiring solutions have been created by scientists who stole their ideas from the natural world Read more: What happens when humans meddle with nature? Over millions of years of evolution, nature has worked out solutions to many problems. Humans have arrived late in the day and pinched them. For example, …
Velcro, bullet trains and robotic arms: how nature is the mother of invention Read More »
Figure raised exceeds what most of the digital businesses have been paying in UK corporation tax The digital services tax has reaped almost £360m from US tech giants including Amazon, Google and Apple in its first year, raising more from most of the digital businesses than they have been paying in UK corporation tax. A …
UK’s digital services tax reaps almost £360m from US tech giants in first year Read More »
Tech companies aim to pick up experienced engineering talent by appealing to dislike of Tesla chief executive’s methods Put off by Elon Musk’s muscular management style? Move to us! That’s the pitch being used by talent-starved technology firms trying to lure thousands of former Twitter employees laid off by the social media company under its …
Don’t like Musk? Work for us! Tech firms woo ex-Twitter staff Read More »
Hearing in Delaware bankruptcy court is the first since the cryptocurrency exchange declared bankruptcy earlier this month Bankrupt cryptocurrency exchange FTX was run as the “personal fiefdom” of founder Sam Bankman-Fried with one of the company’s units spending $300m on real estate in the Bahamas for the use of its executives, a court heard on …
FTX was run as ‘personal fiefdom’ of Sam Bankman-Fried, court hears Read More »
Oversight board says removal of Secrets Not Safe by Chinx (OS) suggests ‘over-policing of certain communities’ Meta’s oversight board, the quasi-independent “supreme court” of Facebook and Instagram, has forced the company to reinstate a clip of drill music originally removed from Instagram at the request of the Metropolitan police. The clip, a short excerpt of …
Instagram told to reinstate music video removed at request of Met police Read More »
The 50 biggest claims against FTX total $3.1bn. Now a US court has to determine who gets what – if anything. Plus, what will be more valuable by the end of the year: Musk’s stake in Twitter, or a lettuce? Don’t get TechScape delivered to your inbox? Sign up for the full article here If …
How do you slice a billion-dollar crypto bankruptcy pie? Read More »
Company says cryptocurrency allegedly stolen in collapse being transferred to other exchanges The collapsed cryptocurrency exchange FTX owes its 50 biggest creditors nearly $3.1bn (£2.6bn), according to a filing in a US bankruptcy court. The exchange owes about $1.45bn to its top 10 creditors, it said in a court filing over the weekend, without naming …
Crypto exchange FTX owes nearly $3.1bn to 50 biggest creditors Read More »
The driver has not yet been charged with a crime, and the tech company said it was ‘devastated by the shocking events’ An SUV crashed through the front window of an Apple store Monday in Massachusetts, killing one person and injuring 16 others, authorities said. Police were investigating but didn’t immediately say whether the crash …
One dead and 16 injured after SUV slams into Massachusetts Apple store Read More »
