Author: Zach_Wilson
Sam Bankman-Fried gambled on a trial and his parents lost
The jury took a little over four hours to reach a verdict. When Joseph Bankman and Barbara Fried, the defendant’s parents, came into the courtroom, they looked frightened. Bankman put his arm around Fried as they sat down on the wooden benches. Fried put her head in her hands. Sam…
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Sam Bankman-Fried found guilty of fraud
Former cryptocurrency kingpin Sam Bankman-Fried has been found guilty of fraud. A New York jury delivered the verdict on November 2nd, concluding a trial that has seen Bankman-Fried defend himself against claims that he criminally mismanaged his crypto exchange FTX and trading firm Alameda Research. After more than a month…
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Microsoft employees aren’t happy that they’re losing free Xbox Game Pass Ultimate
Microsoft is removing the free Xbox Game Pass Ultimate benefit for most of its 238,000 employees and some aren’t happy about it. Sources familiar with Microsoft’s plans tell The Verge that the company started informing employees this week that in January 2024 the free Xbox Game Pass Ultimate benefit for…
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100 Thieves is laying off 20 percent of its staff as it focuses on ‘core’ of esports and apparel
Another big esports brand is making some major changes. 100 Thieves, which already announced layoffs in January, is laying off more staff and spinning out its internal game development studio and its Juvee energy drink, 100 Thieves president and COO John Robinson said in a Thursday thread on X (formerly…
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Apple’s iPhone lineup is selling well, but the Mac is in a serious rough patch
Apple reported a record September earnings quarter on Thursday, with iPhone revenue up year over year — even with just a week or so of iPhone 15 sales factored into the numbers. But all of the company’s other hardware divisions were down, and as CNBC noted, overall sales were down…
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HBO head Casey Bloys says he’s sorry for harassing critics on Twitter
During today’s presentation about HBO’s slate of upcoming projects, CEO / chair Casey Bloys could have tried denying recent reports that he and fellow executive Kathleen McCaffrey concocted a scheme to target and harass critics who wrote negative things about some of the network’s recently released series in the early…
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