[ad_1] Ne York CNN — A New York federal court hearing for FTX cofounder Sam Bankman-Fried is expected to begin at 1 pm ET Thursday, according to a court spokesperson. Bankman-Fried was extradited to the United States Wednesday night, Bahamas Attorney General Sen. Ryan Pinder confirmed. The Foreign Minister of …
Read More »The US economy grew much faster than previously thought in the third quarter
[ad_1] New York CNN — America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation t is having only limited impact. The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest …
Read More »FTX co-founder and ex-chief of hedge fund Alameda Research each pleaded guilty to multiple charges, are cooperating with fed
[ad_1] CNN — Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court records. Additionally, the pair face civil fraud charges from the Securities and Exchange Commission that were announced Wednesday night. Gary Wang, …
Read More »Opinion: The terrible options that face social media companies
[ad_1] Editor’s Note: Katie Harbath is a fellow at the Bipartisan Policy Center and former public policy director at Facebook. BPC accepts funding from some tech companies, including Meta and Google, in their efforts to get authoritative information about elections to their users. The views expressed in this commentary are …
Read More »Exclusive: Biden task force investigating how US tech ends up in Iranian attack drones used against Ukraine
[ad_1] Washington CNN — The Biden administration has launched an expansive task force to investigate how US and western components, including American-made microelectronics, are ending up in Iranian-made drones Russia is launching by the hundreds into Ukraine, multiple officials familiar with the effort tell CNN. The US has imposed tough export control …
Read More »YouTubers, doping and greed: It’s been a tough year for boxing
[ad_1] CNN — Simiso Buthelezi, Miracle Amaeze and Luis Quiñones are some of the talented boxers who have died this year as they pursued their sporting careers and chased dreams of world titles. It’s an accepted risk of the profession. A database first compiled by anti-boxing activist Manuel Velazquez and …
Read More »Kremlin-linked hackers tried to spy on oil firm in NATO country, researchers say
[ad_1] CNN — A Kremlin-linked hacking group known for focusing on Ukraine has stepped up its spying efforts against Ukraine’s NATO allies in recent months – in part by trying to hack a big oil firm in a NATO country in August, according to US cybersecurity firm Palo Alto Networks. …
Read More »Zuckerberg weighed naming Cambridge Analytica as a concern in 2017, months before data leak was revealed
[ad_1] CNN — Mark Zuckerberg considered disclosing in 2017 that Facebook (FB) was investigating “organizations like Cambridge Analytica” alongside Russian foreign intelligence actors as part of an election security assessment before ultimately removing the reference at his advisers’ suggestion, according to a 2019 deposition conducted by the Securities and Exchange …
Read More »After Twitter users voted to oust Elon Musk as CEO, he wants to change how polls work
[ad_1] New York CNN — When Elon Musk polled Twitter users about whether to reinstate former President Donald Trump’s account, he quickly followed through on the majority’s wish to do so. “Vox Populi, Vox Dei,” he pronounced via tweet, Latin for “the voice of the people is the voice of …
Read More »King Charles III banknote images revealed for first time
[ad_1] London CNN Business — The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of England. Charles’ portrait will appear on English notes of £5, £10, £20 and £50. Meanwhile, the rest of the design will remain the same as the current …
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