Mar-A-Lago (VINnews) — Although his Twitter account has been reinstated by Elon Musk, President Trump may face a big obstacle preventing him from posting tweets. He could potentially lose millions of dollars if he succumbs to temptation and posts to his over 80 million followers. Truth Social, a competitor of Twitter launched by Trump, is […]

NEW YORK (AP) — The failed cryptocurrency exchange FTX owes more than $3 billion to its largest creditors, the company disclosed in a court filing over the weekend. The list of the top 50 unsecured claims against FTX gives the public a first glance into the amount of money Sam Bankman-Fried’s companies may owe his […]

Twitter continued to bleed engineers and other workers after new owner Elon Musk gave them a choice to pledge to “extremely hardcore” work or resign with severance pay. While it’s not clear exactly how many of Twitter’s already-decimated staff took Musk up on his offer, the newest round of departures means the platform is continuing […]

NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control. The filing by John Ray III, the new CEO of the bankrupt cryptocurrency firm, lays out a damning description of FTX’s operations […]

NEW YORK (AP) – Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes into short-term rentals. The company said Wednesday that it will increase the amount of liability coverage for hosts, up to $3 million, in a play for owners of […]

NEW YORK (AP) — Elon Musk says Twitter is a software and servers company at its heart and wants employees to decide by Thursday evening if they want to remain a part of the business, according to an email the new owner sent to Twitter workers. Musk wrote that employees “will need to be extremely […]

NEW YORK (AP) — Just days after cryptocurrency’s third-largest exchange collapsed, the public is starting to get an idea of how messy FTX’s bankruptcy case could be. Other crypto firms are failing as a result of FTX’s unraveling, events reminiscent of the domino-like meltdowns of the 2008 financial crisis. Users remained frustratingly in the dark […]

LOS ANGELES (AP) — The California house where Steve Jobs co-founded Apple is a historical site, and now the sandals he wore while pacing its floors have been sold for nearly $220,000, according to an auction house. The “well used” brown suede Birkenstocks dating to the mid-1970s set a record for the highest price ever […]

NEW YORK (AP) — Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune. Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his […]

NEW YORK (AP) — The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement. The FTX Foundation — and other related nonprofits mostly funded by Bankman-Fried and other top FTX executives […]