Month: December 2022

FTX co-founder Sam Bankman-Fried is back in the US, released on $250 million bail

CAROLINE ELLISON, 28, is charged with and has pled guilty to two counts of conspiracy to commit wire fraud, each of which carry a maximum sentence of 20 years in prison; two counts of wire fraud, each of which carry a maximum sentence of 20 years in prison; one count…

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Read Microsoft’s response to the FTC’s Activision Blizzard lawsuit

Microsoft has filed its response to the lawsuit filed by the US Federal Trade Commission to block the company’s acquisition of Activision Blizzard. In the 37-page document, which you can read in full below, Microsoft argues its case for why its $68.7 billion acquisition should go through — it also defends…

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Microsoft says three future Bethesda games will be Xbox-exclusive

“Xbox anticipates that three future titles — REDACTED — all of which are designed to be played primarily alone or in small groups — will be exclusive to Xbox and PCs,” reads a passage in Microsoft’s response. Here’s the surrounding context, so you can see for yourself: Source

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Sam Bankman-Fried Was Extradited From The Bahamas And Has Been Freed On $250 Million Bail

Sam Bankman-Fried, the 30-year-old founder and former CEO of collapsed crypto exchange FTX, was released on a $250 million bail package after appearing in a Manhattan federal courtroom this afternoon. Under the terms of the package, he will be confined to his parents’ home in Palo Alto, California, while he…

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Hackers stole encrypted LastPass password vaults, and we’re just now hearing about it

LastPass has a doozy of an updated announcement about a recent data breach: the company — which promises to keep all your passwords in one, secure place — is now saying that hackers were able to “copy a backup of customer vault data,” meaning they theoretically now have access to…

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Tesla’s Full Self-Driving is blamed for eight-car pileup in California

A Tesla driver is blaming Full Self-Driving software for having caused an eight-car pileup in the Yerba Buena Tunnel in California last month, according to a police report obtained by CNN Business. According to the December 7th report obtained by CNN Business, California Highway Patrol (CHP) reviewed tunnel footage and found that…

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