SEC Investigating Relationship Between Binance.US and Firms Tied to Binance CEO
Zhao controlled the two trading firms, Sigma Chain AG and Merit Peak Ltd, according to the report.
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Bitcoin Mining Company Core Scientific Files for Bankruptcy
The company's largest unsecured creditors include the investment bank B. Riley, electric company Dalton Utilities and energy company Shell Energy Solutions.
Musk: Twitter Could Break Even Next Year
Musk's comments mark a turnabout from his Twitter prognosis five weeks ago.
Musk Says He’ll Resign as Twitter CEO When He Finds Replacement
Musk said he would run the "software and servers teams" once he steps down as CEO.
Sam Bankman-Fried Signs Extradition Papers, Will Be Flown to U.S.
Bankman-Fried will return to court on Wednesday, which could lead to him being flown to the U.S.
EU to Investigate Broadcom’s $61 Billion VMware Acquisition
The European Union now says it won't decide on whether to approve Broadcom's $61 billion acquisition bid for VMware until May.
Workday Taps Sequoia Partner Eschenbach as Co-CEO
The loss of Eschenbach as a full-time investor is a blow for Sequoia during an already challenging year for the firm.
Mark Zuckerberg Testifies in FTC Case Over VR Deal
The FTC is seeking to block Meta’s acquisition of VR studio, Within.
Wells Fargo to Pay $3.7 Billion to Settle With CFPB
The settlement covers problematic practices in auto lending, mortgages and consumer deposits.
FTX Seeks to Claw Back Donations Made by Company and Execs
FTX said it will seek the return of the payments, plus interest, if entities don’t voluntarily return donations.
Amazon Settles With EU Over Independent Seller Practices
Amazon has agreed to make three key changes to the way it treats merchants that use its platform and operate within the European bloc.
Congressional Panel Set to Examine U.S. Investments Into China
The new Congressional committee will be led by Republican Representative Mike Gallagher.
Taiwan Fines Apple Supplier Foxconn for Chinese Chip Investment
Foxconn as carefully toed the line between Taiwan and mainland China as it needs to stay in the good graces of both places to continue operating.
Fired Tesla Employees File Charges With National Labor Relations Board
The charges allege Tesla retaliated against employees for discussing workplace conditions
EU Claims Meta Breached Antitrust Rules with Facebook Marketplace
The European Commission announced its preliminary view Monday.
Binance.US to Acquire Voyager Digital Assets
The deal comes amid market fears about Binance after the crypto exchange said it processed more than $6 billion in withdrawals last week.
Salesforce CEO Benioff Questions Remote Work Lowering the Productivity of New Hires
He said in an internal company message that new hires weren’t productive “without an office culture.”
Twitter Users Favor Musk Stepping Down as CEO
Nearly 58% of 17.5 million votes were cast in favor of Musk stepping down by the poll's close early Monday morning.
Sam Bankman-Fried Reportedly Planning to Reverse Extradition Decision
Bankman-Fried was arrested in the Bahamas last week after U.S. prosecutors charged him with counts of fraud and money laundering.
Twitter to Block Free Promotion of Rival Social Media Platforms
The new rule is somewhat ambiguous and its impact is up to the discretion of Twitter's management.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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