FTX files for Chapter 11 bankruptcy as CEO Sam Bankman-Fried resigns

/ The crypto exchange will have a new CEO as it attempts to pay back creditors, customers, and investors. Illustration: The Verge Crypto’s no-good, very bad 2022 got even worse as FTX (along with its international platform, the independent FTX.us exchange, and Alameda Research), previously the world’s third-largest crypto exchange by volume, couldn’t come up… Continue reading FTX files for Chapter 11 bankruptcy as CEO Sam Bankman-Fried resigns

Elon Musk learns the hard way that being a Twitter troll is way more fun than being a mod

The most expensive forum drama of all time? Share this story How many billions can users troll him out of?Illustration by Laura Normand / The Verge I honestly did not think chaos would engulf Twitter so quickly, but I must admit: this rules. This owns so hard. Awoooou (wolf howl), Twitter is good again. We’re… Continue reading Elon Musk learns the hard way that being a Twitter troll is way more fun than being a mod

GM reveals first four SUVs getting access to expanded Super Cruise driver-assist network

Transpo/ Tech / These General Motors SUVs will be the first to receive access to over 400,000 miles of the expanded Super Cruise road network. GM has confirmed that its Super Cruise hands-free driver assistance system will be made available to a total of 22 vehicles globally by the end of 2023.Image: General Motors General… Continue reading GM reveals first four SUVs getting access to expanded Super Cruise driver-assist network

Elon Musk details his plan to turn Twitter into a bank

/ Supposedly, it’ll be simple: one balance that you can spend within the Twitter payment network, or outside it using a debit card or checks. A penny for your tweets.Illustration by Laura Normand / The Verge Elon Musk seems intent on turning Twitter into a bank, complete with what he describes as a “high-yield money… Continue reading Elon Musk details his plan to turn Twitter into a bank

Inside Elon Musk’s first meeting with Twitter employees

With Twitter staff still reeling from mass layoffs and executive resignations, Musk took questions from employees for nearly an hour. Here’s everything he said. Share this story With barely 20 minutes’ notice, Elon Musk gathered Twitter employees on Thursday to address them directly for the first time. During a nearly one-hour Q&A session, which The… Continue reading Inside Elon Musk’s first meeting with Twitter employees

Amazon’s new warehouse robot can handle individual products

/ Until now, Amazon’s warehouse robots focused on moving around already-boxed products, requiring humans to put things in boxes. Unlike Amazon’s other robots, Sparrow doesn’t need items to be boxed before it can move them.Image: Amazon Amazon has announced a new robot, dubbed Sparrow, which the company says is its first warehouse robot that can… Continue reading Amazon’s new warehouse robot can handle individual products

Crypto collapse: it’s looking like a long, cold, contagious winter

Filed under: FTX is just the latest company facing an uncertain future as cryptocurrency values drop, revealing flaws in risky financial strategies that fueled the recent crypto and NFT boom. By Verge Staff 51 updates since May 20, 2022, 3:20 PM UTC RSS Follow this stream Illustration by Alex Castro / The Verge On January… Continue reading Crypto collapse: it’s looking like a long, cold, contagious winter

Read Elon Musk’s first email to Twitter employees

/ The new owner of Twitter speaks to employees after nearly two weeks of chaos and uncertainty. Illustration by Kristen Radtke / The Verge; Getty Images Elon Musk sent his first email to Twitter employees on Wednesday evening, warning of a “challenging economic climate” ahead and the need for the company to launch Twitter Blue… Continue reading Read Elon Musk’s first email to Twitter employees

Federal contractors must disclose climate impact under new Biden rule

/ As a huge spender, the federal government can use its weight to clean up supply chains. President Joe Biden delivers remarks before signing H.R. 5376, the “Inflation Reduction Act of 2022,” Tuesday, August 16th, 2022.Image: White House The Biden administration proposed a new rule today that would require federal contractors to disclose their greenhouse… Continue reading Federal contractors must disclose climate impact under new Biden rule

iPhone 14’s Emergency SOS via satellite feature is coming later this month

Apple/ Tech / Apple confirms it’s using a $450 million fund to help Globalstar with infrastructure for its new satellite emergency SOS feature. Image: Apple Apple’s new Emergency SOS via satellite feature for its iPhone 14 and iPhone 14 Pro models is arriving later this month. iPhone 14 and 14 Pro owners in the US… Continue reading iPhone 14’s Emergency SOS via satellite feature is coming later this month