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The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets.
As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division.
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Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position.
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Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange’s Sam Bankman-Fried weighs in. Meanwhile, FTX’s FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.
Venture capital firms offer value to startups beyond simply cash. They also bring business experience, broad networks and critical services to the table.
Photo by Amelia Holowaty Krales / The Verge Apple says to expect “longer wait times” if you plan on ordering an iPhone 14 Pro or 14 Pro Max. In a press release, the company explains that covid restrictions are affecting its iPhone factory in Zhengzhou, China, which is currently “operating at significantly reduced capacity.” “We … Read more
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Illustration by Kristen Radtke / The Verge; Getty Images Elon Musk’s Twitter has a new rule for everyone with an account on Twitter to follow, as he announced from his own account: “any Twitter handles engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended.” It’s an abrupt update from the person who just … Read more
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Apple warned investors and customers on Sunday that it expects to ship fewer iPhone 14 Pro and iPhone 14 Pro Max units as the world’s most valuable tech firm grapples with the ongoing Covid-19 lockdown in China. The company said it continues to see strong demand for the pro models of the new iPhone 14 … Read more