Nov 14 FTX head Sam Bankman-Fried's downfall sends shockwaves through cryptocurrency By Ken Sweet, Associated Press Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world's first trillionaire. Continue reading
Nov 13 Outsourced content moderators lose Twitter jobs in Musk's latest round of cuts By Barbara Ortutay, Matt O'Brien, Associated Press Twitter’s new owner Elon Musk is further gutting the teams that battle misinformation on the social media platform as outsourced moderators learned over the weekend they were out of a job. Continue reading
Nov 12 Probe underway after funds vanish from bankrupt crypto exchange FTX By Cathy Bussewitz, Associated Press Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday. Continue reading
Nov 11 Watch 5:14 News Wrap: Ukrainian forces take back city of Kherson In our news wrap Friday, Ukrainian forces swept into the southern city of Kherson dealing a major blow to Russia's war effort, the Biden administration has stopped taking applications for student loan forgiveness a day after a federal judge in… Continue watching
Nov 11 Watch 7:11 Twitter faces uncertain future after tumultuous start to Elon Musk's ownership The brief reign of billionaire Elon Musk at Twitter has unleashed a wave of turmoil throughout the company. Firings, resignations and policy reversals leave the social media giant facing an uncertain future and many are worried about growing risks of… Continue watching
Nov 11 EU forecasts recession this year amid persistent inflation By David McHugh, Associated Press The European Union's executive commission slashed its forecast for economic growth next year. It says spreading the message that the countries that use the euro currency will slide into recession over the winter will erode consumer purchasing power. Continue reading
Nov 11 Wall Street surge continues as crypto suffers By Stan Choe, Associated Press Wall Street is tacking a bit more onto its stupendous surge from a day before to keep it on track for a strong gain for the week. Continue reading
Nov 11 Embattled cryptocurrency exchange FTX files for bankruptcy following collapse By Matt Ott, Associated Press Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week. Continue reading
Nov 10 People with disabilities gained a voice in global climate talks. Here's what that means By Drew Costley, Teresa de Miguel, Associated Press A group of climate activists who focus on disability rights have been pushing for several years for inclusion of disability rights in international climate action pledges. Continue reading
Nov 10 Watch 5:02 News Wrap: Hurricane Nicole makes landfall on Florida's east coast In our news wrap Thursday, a rare November hurricane smashed into Florida's Atlantic coast, President Biden will meet China's President Xi for their first in-person encounter since Biden took office and the District of Columbia filed a civil suit against… Continue watching