Sam Bankman-Fried launches Substack: ‘I didn’t steal funds, and I certainly didn’t stash billions away’

FTX founder and former CEO Sam Bankman-Fried launched his own Substack newsletter today, in a very unusual move for someone who was recently arrested and is facing eight counts of U.S. criminal charges. In a post titled “FTX Pre-Mortem Overview,” Bankman-Fried maintains his innocence surrounding the collapse and bankruptcy of FTX, a cryptocurrency exchange he … Read more

Rent the Runway’s fashion comes to Amazon, including pre-worn items and design exclusives

Fashion rentals marketplace Rent the Runway was hit hard by the pandemic, as its subscribers were largely renting outfits to wear to in-person events. The company survived, however, by slashing costs, renegotiating supplier contracts, and entering the clothing resale market. Today, the company is expanding that side of its business once again by bringing some … Read more

Ex-FTX CEO Sam Bankman-Fried is out on $250 million bail and keeping busy by… blogging?

The Verge / Getty Images Almost until the moment of his arrest in the Bahamas a month ago, Sam Bankman-Fried’s (SBF) post-FTX collapse media tour included days of back-to-back Twitter Spaces and Zoom calls. Now, top executives of companies in his crypto empire have pleaded guilty to criminal fraud charges of fraud and money laundering … Read more

Airbus is testing out autonomous flying tech in some of its planes

Image: WENDELL TEODORO/AFP via Getty Images Airbus is testing out a suite of new automated technology that it says has the potential to improve the safety and efficiency of flying. The automated technology, which has been branded as the company’s DragonFly project, includes “automated emergency diversion in cruise, automatic landing, and taxi assistance,” Airbus says. … Read more