Dec 13, 2022
Poor management, inexperienced leaders led to FTX collapse, new CEO says

By Hannah Lang and Doina Chiacu WASHINGTON (Reuters) -Poor management practices and inexperienced leaders led to FTX's implosion, the crypto exchange's new chief executive told lawmakers on Tuesday, shortly after U.S. regulators charged founder Sam Bankman-Fried with defrauding investors. "The…

Nov 30, 2022
Distant black hole is caught in the act of annihilating a star

By Will Dunham WASHINGTON (Reuters) - Astronomers have detected an act of extreme violence more than halfway across the known universe as a black hole shreds a star that wandered too close to this celestial savage. But this was no…

Nov 29, 2022
Twitter rolls back COVID misinformation policy

(Reuters) -Twitter Inc has rolled back a policy that was aimed at tackling misinformation related to COVID-19 on the social media platform, lending itself to the risk of a potential surge in false claims even as cases rise in China…

Nov 29, 2022
Elon Musk: Apple threatened to yank Twitter from App Store

By Tiyashi Datta and Sheila Dang (Reuters) -Elon Musk accused Apple Inc of threatening to block Twitter Inc from its app store without saying why in a series of tweets on Monday that also said the iPhone maker had stopped…

Nov 18, 2022
After Elon Musk’s ultimatum, Twitter employees start exiting

By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline from new owner Elon Musk that staffers sign up for…