Former FTX CEO and founder Sam Bankman-Fried has filed a pretrial motion to dismiss 10 out of 13 charges against him, according to court documents. Bankman-Fried is under house arrest at his parent’s house in Palo Alto, California, ahead of ...
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Warren Buffett’s Berkshire Hathaway reveals it sold about $6 billion of Chevron stock last quarter
BrightWarren Buffett. Paul Morigi / Stringer / Getty Images Warren Buffett’s Berkshire Hathaway sold about $6 billion of Chevron stock in the first quarter. Berkshire cashed out about 35 million shares, or 20% of its stake in the oil titan, ...
‘Crypto is dead in America’ as US regulators target the sector for threatening the establishment, Chamath Palihapitiya says
BrightMike Windle/Getty Images for Vanity Fair Crypto is paying the price for challenging the establishment, Chamath Palihapitiya said. “Crypto is dead in America,” the so-called SPAC King said recently on the All-In podcast. “So the United States authorities have firmly ...
UK regulators could be right about cloud portability obstacles
BrightU.K. communications watchdog group Ofcon reported last week that it was investigating cloud infrastructure vendors — paying particular attention to Amazon and Microsoft — for making it too difficult to move workloads from public clouds. This raised a legitimate question ...