Tag: Tech

BlockFi Files for Chapter 11 Bankruptcy Protection as FTX Contagion Spread

November 28, 2022
BlockFiBusiness & MarketscryptocurrencyFTXInvestmentMarketsTech
0 Comment

BlockFi, one of the largest cryptocurrency lenders in the industry, filed for Chapter 11 bankruptcy protection, according to a new filing on Nov. 28. The company acknowledged that it had “significant exposure” to FTX and ex-CEO Sam Bankman-Fried’s subsidiaries. This, BlockFi says, included “obligations owed to us by Alameda, assets held at FTX.com, and undrawn…

Read More

BlockFi Files for Chapter 11 Bankruptcy Protection as FTX Contagion Spreads

November 28, 2022
BlockFiBusiness & MarketscryptocurrencyFTXInvestmentMarketsTech
0 Comment

BlockFi, one of the largest cryptocurrency lenders in the industry, filed for Chapter 11 bankruptcy protection, according to a statement on Nov. 28. The company acknowledged that it had “significant exposure” to FTX and founder and former CEO Sam Bankman-Fried’s subsidiaries. This, BlockFi says, included “obligations owed to us by Alameda, assets held at FTX.com, and undrawn…

Read More

Fearing Revenue Losses, Local Governments Mobilize Veterans to Cover Worker Shortage at Foxconn

November 27, 2022
Asia & PacificBusiness & MarketsBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompanieseconomic policiesFoxconnINSIDE CHINAMedia & Big TechTaiwanTechveteranWorldzero-COVID
0 Comment

Municipal authorities of Zhengzhou city in central China’s Henan Province, where the Taiwanese company Foxconn has its biggest factory, are mobilizing ex-soldiers to make up for the shortage of workers caused by the ongoing zero-COVID approach. Earlier this month, many civil servants in Henan Province were notified to mobilize grassroots cadres and retired soldiers to…

Read More

Elon Musk Says He Has a Plan If Twitter Gets Kicked Off App Stores

November 27, 2022
Business & MarketsCompaniesElon MuskMedia & Big TechTechTech NewsTwitter
0 Comment

Tech billionaire Elon Musk suggested he would make his own phone amid speculation Twitter could be booted from Google Play or Apple’s App Store. “I certainly hope it does not come to that, but, yes, if there is no other choice, I will make an alternative phone,” he wrote in response to a Twitter post…

Read More

Tesla’s Full Self-Driving Beta Now Available to All in North America, Musk Says

November 25, 2022
Business & MarketsCompaniesElon MuskFSDTechTech Newstesla
0 Comment

Tesla Inc.’s Full Self-Driving Beta software is now available to everyone in North America, Elon Musk said early on Thursday, as the automaker awaits regulatory approval for its cars to be driven without human oversight. “Tesla Full Self-Driving Beta is now available to anyone in North America who requests it from the car screen, assuming…

Read More

New Amendment to Online Safety Bill Will Criminalise ‘Deepfake’ Pornography

November 25, 2022
deepfakeOnline Safety BillpornographyTechTech NewsUKWorld
0 Comment

Sharing “downblouse” images and pornographic “deepfakes” without consent could be criminalised in England and Wales. On Friday, the government announced that it will put forward an amendment to the Online Safety Bill, which would criminalise the sharing of a person’s intimate images without their consent. This includes those who share “deepfakes,” or explicit images or…

Read More

Musk Warns About ‘Woke Mind Virus’ Entertainment Triggering Civilizational Suicide

November 25, 2022
Business & MarketsCompaniesElon Musk social mediaEntertainmentEntertainment Newsleftist propagandaSocial MediaTechUSwoke activismWoke agendawoke ideaology
0 Comment

Billionaire Elon Musk, who recently acquired Twitter, has issued a grave warning about the threat posed by woke ideologies to human civilization. In a Nov. 25 tweet tagged “need advice,” Musk asked Twitter users about what they think about the culture war. When a user replied that the conservative side needs to start funding more…

Read More

Musk Delays Relaunch of Twitter Blue but Adds Gold and Grey Checkmarks

November 25, 2022
Business & MarketschecksCompaniesElon MuskMedia & Big TechSocial MediaTechTech NewsTwitter BlueUSUS News
0 Comment

Elon Musk said Twitter is postponing its relaunch of the Twitter Blue verified checkmark service from Nov. 29 to Dec. 2, adding that the social media platform will also be rolling out gold and grey checks and that all verified marks will be manually authenticated. “Gold check for companies, grey check for governments, blue for…

Read More

Elon Musk Denies Claims Disgraced Crypto Boss Sam Bankman-Fried Holds Twitter Shares

November 25, 2022
Business & MarketsCompaniescryptocurrencyeconomyElon MuskMarketsMedia & Big TechSam Bankman-FriedSocial MediastocksTechTwitterUSUS News
0 Comment

Twitter’s new owner Elon Musk has disputed a report that the former CEO of failed cryptocurrency exchange FTX, Sam Bankman-Fried, owns millions of Twitter shares. Taking to Twitter on Wednesday, Musk shared a number of posts addressing the report, which was shared on the platform by former New York Times reporter and Editor-in-Chief of news site Semafor, Ben Smith….

Read More