Sam Bankman-Fried is going to talk himself right into jail
All I am going to say is that the Fifth Amendment exists for a reason. | Photo illustration by Cath Virgina / The Verge | Photo by Bloomberg, Getty Images Somehow, the least suspicious parts of his defense are the 288 auto-deleting Signal conversations. Sam Bankman-Fried is so fucked. I
Read MoreFord delays $12B in EV investments as automaker wrestles with demand
Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles. CFO John Lawler emphasized Thursday during the company’s third-quarter earnings call that the company wasn’t backing
Read MoreTwitch’s money guy talks about the revenue split controversy and its monetization long game
Twitch has had a tense year, in part due to community backlash over policy changes that affect the way creators can monetize their content. Last year, the company announced that it would end the 70/30 subscription revenue split deal that it had offered select streamers in favor of prioritizing ad
Read MoreSam Bankman-Fried takes the stand, but without jurors
The judge sent the jury home. He first wanted to review Sam Bankman-Fried's comments before determining whether that testimony could be shared with jurors. © 2023 TechCrunch. All rights reserved. For personal use only.
Read MoreMagic Leap’s new CEO is a Bain Capital exec
Five weeks ago, Magic Leap CEO Peggy Johnson joined me onstage at Disrupt. Much of the conversation focused on the augmented reality hardware company’s full pivot into enterprise applications with the Magic Leap 2. Johnson, a former Microsoft and Qualcomm exec, spearheaded the shift in business strategy when she joined
Read MoreMapleSEC: VMware’s Chad Skipper sheds light on security measures
During a MapleSEC fireside chat, Jim Love, CIO of IT World Canada, welcomed Chad Skipper, global security technologist from VMware, for a conversation that delved into the complexities of modern cybersecurity and the solutions being developed to address them. Visibility in the virtual battlefield The discussion revolved around the concept
Read MoreSoundboks is scaling high-volume, high-energy speakers across borders and cultures
Norway-based Soundboks just released its latest $1,000 Bluetooth speaker. Now in its fourth generation, the latest Soundboks speaker is just like the older models: It’s a large, unabashed black box designed to withstand a rowdy, off-the-grid weekend of music. While the speaker has been wildly popular in Norway and Sweden,
Read MoreABL Space Systems provides update on the road to second RS1 launch
ABL Space Systems has been quiet since the company conducted its first launch attempt in January, which resulted in the rocket crashing back down to Earth a little over 10 seconds after liftoff. Now we know why: They have been very, very, very busy. In a detailed blog post on
Read MoreSBF testifying, bitcoin rises amid spot ETF speculation and Walmart’s web3 accelerator surfaces
It’s week four of the Sam Bankman-Fried trial…and he’s taking the stand today at 2 p.m. So keep an eye out for additional coverage. © 2023 TechCrunch. All rights reserved. For personal use only.
Read MoreThreads isn’t dead and it now has polls and GIFs too
Meta’s X rival, Instagram Threads, is copying a couple more X features today with the launch of support for polls and GIFs. The update comes in rapid succession to other releases for the new app, which have included support for a web version a (free) edit button, profile switching, likes,
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