Category: Business

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How the Collapse of Sam Bankman-Fried’s Crypto Empire Has Disrupted A.I.

Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence. Now those efforts are reeling.  » mehr lesen

Powell Says Fed Could Slow Rate Increases at Next Meeting

The Federal Reserve chair said the central bank would keep lifting rates to control price increases, and played down a recent cooling in inflation.  » mehr lesen

Watch live as Sam Bankman-Fried speaks with DealBook.

Sam Bankman-Fried speaking virtually with Andrew Ross Sorkin at the DealBook event on Wednesday.  » mehr lesen

Sam Bankman-Fried Interview: Read the Transcript

In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.  » mehr lesen

$150 World Cup Jerseys Made by Workers Getting $2.27 a Day

Garment workers in Myanmar earn less than $3 a day to produce soccer apparel for Adidas. Some say they were fired after asking factory owners for a raise.  » mehr lesen

Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million

The estate of the disgraced financier Jeffrey Epstein will repay tax benefits and half the proceeds from the sale of an island he owned.  » mehr lesen

Sam Bankman-Fried Addresses His Parents, Net Worth and More

The onetime crypto mogul also says he’s running out of funds, holed up in the Bahamas.  » mehr lesen

Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse

Mr. Bankman-Fried spoke at The New York Times’s DealBook conference, in his first public appearance since his crypto exchange imploded.  » mehr lesen

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