Sam Bankman-Fried could face years in prison over FTX’s $32 billion meltdown — if the U.S. ever gets around to arresting him
FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021.Matias...
Technology
Bitcoin could plunge 70% to $5,000, Standard Chartered predicts, in possible 2023 ‘surprise’
Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises...
iPhone maker Foxconn reports slump in revenue after unrest and Covid outbreak at key China plant
Foxconn workers at Taiwanese firm's Zhengzhou, China factory, walked out over a pay dispute with the company. The Zhengzhou factory...
Indonesia’s GoTo has lost almost 70% of its valuation since its April IPO
A GoTo logo seen displayed on a smartphone screen and in the background.Rafael Henrique | Sopa Images | Lightrocket |...
Amazon’s cloud unit faces cost-sensitive customers as economic fears mount
Amazon Web Services has been the biggest growth engine for its parent company over much of the past decade, taking...
Slack CEO Stewart Butterfield is leaving Salesforce two years after deal was announced
Stewart Butterfield speaks on November 08, 2019 in San Francisco, California.Phillip Faraone | Getty ImagesSalesforce said on Monday that Slack...
Apple explores moving some iPad production to India
Apple chief executive Tim Cook leaves the Taj Mahal Palace hotel in MumbaiPunit Paranjpe | AFP | Getty ImagesIndia is...
A globally critical chip firm is driving a wedge between the U.S. and Netherlands over China tech policy
Netherlands Prime Minister Mark Rutte speaks with U.S. President Joe Biden. The U.S. has been putting pressure on the Netherlands...
OnePlus co-founder Carl Pei’s new startup wants to launch smartphone in the U.S. to take on Apple
The Nothing Phone (1).NothingU.K.-based consumer tech company Nothing is setting its sights on the U.S., with ambitions of taking on...
DOJ asks for independent probe into FTX bankruptcy, a likely tactic to gather evidence on alleged fraud
John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday,...
Tech layoffs send visa holders on frantic search for employment to avoid deportation
After years of seemingly boundless expansion, the U.S. tech industry has hit a wall. Companies are in cash preservation mode,...
Elon Musk suspends Ye’s Twitter account after swastika post
Ye's Twitter account was suspended again Friday for violating the social media platform's rules on "incitement to violence," CEO Elon...
Tesla CEO Elon Musk kicks off first Semi truck deliveries
Tesla CEO Elon Musk kicks off deliveries of the company's heavy-duty truck, the Semi, at the Gigafactory in Sparks, Nevada.Tesla...
How Google’s Waze has changed from its early days as car travel is remade
Waze app with icon showing policeSource: WazeIn this weekly series, CNBC takes a look at companies that made the inaugural...
Elon Musk showed off updates to his brain chips and said he’s going to install one in himself when they are ready
Neuralink logo displayed on a phone screen, a silhouette of a paper in shape of a human face and a...
Broke and down to one credit card: Former FTX CEO Sam Bankman-Fried claims he committed no fraud
Striking a contrite tone, former FTX CEO Sam Bankman-Fried said he "didn't do a good job" at upholding his responsibilities...
Feds charge 21 people in global crypto money laundering bust
A member of the US Secret Service speaks on a cellphone as US President-elect Donald Trump attends meetings at the...
Bitcoin Family is moving more than $1 million into decentralized exchanges after Sam Bankman-Fried’s FTX disaster
The Taihuttu family in November, days after moving back to Phuket.Didi TaihuttuConfidence is quickly eroding in the crypto sector, as...
Elon Musk may be luring Apple into a fight with Republicans
Tim Cook walks in the Paddock prior to the F1 Grand Prix of USA at Circuit of The Americas on...
Amazon touts record sales over holiday shopping weekend
An Amazon worker moves a cart filled with packages at an Amazon delivery station on November 28, 2022 in Alpharetta,...