FTX CEO Sam Bankman-Fried targeted by campaign finance complaint

FTX CEO Sam Bankman-Fried targeted by campaign finance complaint

Sam Bankman-Fried, Founder and Managing Director of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, U.S., Wednesday August 17, 2022. Jeena Moon | Bloomberg | Getty Images An ethics watchdog group has asked the Federal Election Commission to investigate former FTX CEO Sam Bankman-Fried … Read more

EU General Court: Google must remove inaccurate search information upon request

EU General Court: Google must remove inaccurate search information upon request

LONDON (AP) — Google must remove search results about people in Europe if they can prove the information is clearly wrong, the European Union’s top court ruled Thursday. The European Court of Justice has ruled that search engines must ‘de-list information’ if the person requesting it can demonstrate that the material is ‘manifestly inaccurate’. Europeans … Read more

Everyone wants to build battery factories in the United States now

Everyone wants to build battery factories in the United States now

Photo: Luke Sharrett/Bloomberg (Getty Images) Hyundai and BMW have joined a wave of foreign automakers seeking to bolster their battery manufacturing here in the United States, the Chinese auto industry is making waves in Russia as other companies pull out and Mercedes has opened its first reserved dealership to electric vehicles. All this and more … Read more

Kim Kardashian and Other Celebrities Beat Crypto Investor Lawsuit

Kim Kardashian and Other Celebrities Beat Crypto Investor Lawsuit

Reuters — A California federal judge on Wednesday dismissed a lawsuit against reality TV star Kim Kardashian, boxing legend Floyd Mayweather Jr. and others for their role in promoting a cryptocurrency, saying that it was unclear whether the investors who sued actually saw the promotions. The lawsuit filed in January claims EthereumMax executives conspired with … Read more

Ciena, GameStop, Rent The Runway and others

Ciena, GameStop, Rent The Runway and others

Check out the companies making headlines before the bell: Respect (CIEN) – The networking equipment maker’s stock jumped 19.1% after surging revenue and net income in its latest quarter. Ciena earned an adjusted 61 cents per share for its latest quarter, versus a consensus estimate of 8 cents. The company also said it expects “outsized” … Read more

The Pentagon shares a $9 billion cloud contract between 4 companies

The Pentagon shares a  billion cloud contract between 4 companies

WASHINGTON (AP) — Google, Oracle, Microsoft and Amazon will split the Pentagon’s $9 billion contract to build its cloud computing network, a year after accusations of politicization over the previously announced contract and a lengthy legal battle that has led to the restarting of the army in its allocation process. Joint Warfighter’s cloud capability is … Read more

Jennifer Lawrence draws criticism over female action heroine comments

Jennifer Lawrence draws criticism over female action heroine comments

CNN — Jennifer Lawrence has shared her thoughts on the history of female-led action movies in a new interview, but the ‘Hunger Games’ star is getting slammed for not quite getting it right. The Oscar-winning actress sat down with fellow actress Viola Davis in an interview for Variety published Wednesday, in which she reflects on … Read more

Amazon, Google, Microsoft and Oracle get $9 billion in cloud deals from the Pentagon

Amazon, Google, Microsoft and Oracle get  billion in cloud deals from the Pentagon

The Pentagon building in Washington, DC Staff | AFP | Getty Images The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle each received a cloud computing contract worth up to $9 billion each through 2028. The result of the Joint Warfighting Cloud Capability, or JWCC, effort is consistent with the U.S. Department of Defense’s … Read more

GameStop (GME) Q3 2022 Results

GameStop (GME) Q3 2022 Results

A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During … Read more

5 things to know before the stock market opens on Wednesday, December 7

5 things to know before the stock market opens on Wednesday, December 7

Traders on the NYSE floor Source: NYSE Here are the most important information investors need to start their trading day: 1. Can stocks take the leap? US stock markets entered a deep funk on Wednesday. After big losses on Monday, stocks fell again on Tuesday: the Nasdaq lost 2%, the S&P 500 fell 1.4% and … Read more