Terraform Labs files for bankruptcy amid SEC lawsuit

Terraform Labs files for bankruptcy amid SEC lawsuit

Terraform Labs, the company behind failed stablecoin TerraUSD, has filed for bankruptcy as it faces lawsuits from the Securities and Exchange Commission (SEC) and in Singapore. The Singapore-based crypto firm filed for Chapter 11 bankruptcy protection Sunday in Delaware, according to court documents shared with The Hill. Terraform Labs claimed assets between $100 million and … Read more

AMD’s stock surge leads analyst to a ‘heck if we know’ rating

AMD’s stock surge leads analyst to a ‘heck if we know’ rating

Lisa Su displays an AMD Instinct MI300 chip as she delivers a keynote address at CES 2023 in Las Vegas, Nevada, on Jan. 4, 2023. David Becker | Getty Images Demand for graphics processing units — the artificial intelligence chips that power programs such as ChatGPT — has been surging for months, leading to significant … Read more

Biden write-in campaign condemns fake robocall in New Hampshire discouraging voting on Tuesday

Biden write-in campaign condemns fake robocall in New Hampshire discouraging voting on Tuesday

The organizers behind the campaign to write in President Biden’s name for the New Hampshire primary on Monday blasted a fake robocall that told people not to cast their ballots Tuesday. “This is deep fake disinformation designed to harm Joe Biden, suppress votes, and damage our democracy,” Aaron Jacobs, a spokesperson for the write-in campaign, … Read more

Meta’s retreat from news accelerated in 2023, leaving media scrambling

Meta’s retreat from news accelerated in 2023, leaving media scrambling

Mark Zuckerberg, CEO of Facebook, testifies remotely as Sen. John Kennedy, R-La., watches during the Senate Judiciary Committee hearing “Breaking the News: Censorship, Suppression, and the 2020 Election,” in Washington, Nov. 17, 2020. Bill Clark | Reuters Mother Jones CEO Monika Bauerlein has had a front-row seat in recent years to watch Facebook upend the … Read more

Musk visits Auschwitz-Birkenau site after accusations of antisemitic content on X

Musk visits Auschwitz-Birkenau site after accusations of antisemitic content on X

Elon Musk visited the site of the Auschwitz-Birkenau death camp Monday, following accusations the billionaire allowed and promoted antisemitic content on his social media platform X, formerly Twitter. Musk was photographed Monday at the Holocaust death camp site in Oswiecim, Poland, alongside Daily Wire podcaster Ben Shapiro, ahead of an antisemitism conference organized by the … Read more

Demand for Apple Vision Pro headset could wane, top analyst warns

Demand for Apple Vision Pro headset could wane, top analyst warns

Apple announced the Vision Pro headset at its annual Worldwide Developers Conference in 2023. Josh Edelson | AFP | Getty Images Apple‘s Vision Pro quickly sold out after preorders for it opened Friday, but some doubt whether demand will remain strong, according to top Apple analyst Ming-Chi Kuo of TF International Securities. Shipping times for … Read more

Asic examines collapsed bitcoin company Blockchain Global after Guardian investigation | Cryptocurrencies

Asic examines collapsed bitcoin company Blockchain Global after Guardian investigation | Cryptocurrencies

Australia’s corporate regulator will examine details of the collapsed bitcoin company Blockchain Global after a Guardian Australia investigation revealed links between two of its directors and a series of failed crypto investment schemes. Blockchain Global collapsed in 2021 owing creditors $58m, with the liquidator referring its directors – Allan Guo, Sam Lee and Ryan Xu … Read more

OK bill to require porn site users to submit their ID for age verification

OK bill to require porn site users to submit their ID for age verification

OKLAHOMA CITY (KFOR) – A Republican lawmaker has introduced a bill in the House that would require Oklahomans to submit their government-issued identification prior to accessing any content on a site considered “harmful to minors.” Rep. Randy Randleman, R-Eufala, who is also a child psychologist, has filed House Bill 3008. Epstein case: Jane Doe 107 … Read more