Sam Bankman-Fried sentenced to 25 years: ‘My useful life is probably over’
Sam Bankman-Fried, the convicted FTX founder, apologized to his former customers in a federal court on Thursday, saying his “useful life is probably over.”
Brian Bushard, Forbes Staff
Meta shares plummet: Worst day in eight months
Shares of Facebook and Instagram parent company Meta tanked on Monday, suffering their worst day on Wall Street in nearly eight months on the heels of former President Donald Trump’s scathing review of Facebook as the “enemy of the people,” as the former president looks to bolster his rival social media platform.
Sam Altman to rejoin OpenAI board after fallout, reports
Sam Altman will reportedly return to the board of OpenAI, even after that same board ousted him for allegedly failing to be “candid” with it.
Bitcoin price hits all-time high around US$69,000
The price of Bitcoin hit a record high Tuesday morning, and has now skyrocketed nearly 54% on the year.
Apple shares slump to 4-month low after $2 billion fine
Apple is having its worst day on Wall Street since early January.
Google apologises for inaccurate Gemini photos: Tried avoiding ‘traps’ of AI technology
Google apologized Friday for a tranche of historically inaccurate images generated on its Gemini AI image service, saying the feature “missed the mark” after widely circulated images sparked backlash from right-wing users and billionaire X owner Elon Musk.
Billionaire Musk seeks to quash deposition in $1 million defamation suit
Billionaire X owner Elon Musk requested last month for the defamation case against him be dismissed, and is now seeking to bar his deposition.
Okta, Zoom Cut Hundreds Of Jobs—Here Are 2024’s Tech Layoffs
Microsoft, Google and Salesforce have all conducted layoffs this year.
Ackman escalates attack on Business Insider—and Musk eggs him on
Billionaire hedge fund manager Bill Ackman doubled down on his attacks against Business Insider and its parent company Axel Springer. The outlet published a pair of reports finding Ackman’s wife, designer Neri Oxman, plagiarized in her academic work—prompting billionaire Elon Musk to encourage Ackman to sue.
Mark Cuban’s Mavericks sale to casino magnate Miriam Adelson approved by NBA
Billionaire investor and Shark Tank host Cuban sold a majority stake in the Dallas Mavericks.