Business

What the FTX collapse means for the cryptocurrency market

When FTX founder Sam Bankman-Fried testified before a U.S. Senate committee in February—months before his cryptocurrency exchange collapsed under the weight of his own financial misdeeds—Wharton legal studies and business ...

Business

US seeks 15-year term for Theranos founder in fraud case

US federal prosecutors are seeking a 15-year jail term for Theranos founder Elizabeth Holmes and want her to pay more than $800 million to investors defrauded by her blood-testing startup, according to a court filing.

Security

US regulators sue firm selling sensitive location data

US regulators on Monday filed a lawsuit to stop data broker Kochava from selling smartphone location information that could help trace visits to "sensitive locations" like reproductive health clinics.

Business

FTC acts to block Meta from buying VR company, fitness app

Federal regulators on Wednesday took legal action to block Facebook parent Meta and CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural, asserting the deal would hurt ...

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