Nine days after being arrested in the Bahamas on a handful of criminal charges from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), former FTX CEO Sam Bankman-Fried is heading back to the United States to face them. Bankman-Fried was being held in the Bahamas Department of Correctional Services’ Fox…
Google already offers parents and guardians tools to restrict purchases their children make on Play Store using the family payment method. The company is now introducing an additional feature that will allow children to send a purchase request for the manager of the family account to approve when there is no present payment method. Children…
Since the beginning of the COVID-19 pandemic, foreigners have been leaving China in droves to escape the country’s strict “zero-COVID” restrictions, which had limited people’s domestic and overseas travel for nearly three years until rules began to relax recently. So when NetEase, the second-largest gaming company in China, said it had an expats-led studio working…
Carl Eschenbach, a longtime enterprise software executive who joined Sequoia Capital in 2016 and went on to lead a number of lucrative deals for the venture firm, is going back to an operating role. As the new co-CEO of Workday, Eschenbach will co-lead the enterprise cloud applications giant with its co-CEO, cofounder and company chair…
Amazon has announced that Fire TV users in the U.S. can now watch tens of thousands of music videos from major and independent labels for free. No downloads, fees or subscriptions are required to watch the music videos. The ad-supported music videos will be available from artists on the Billboard Hot 100, including Taylor Swift,…
Over a year after grabbing $4 million in pre-seed funding, Chile-based Kredito, a business lending startup, is back with another $6 million in new funding. The company launched to the public in 2021 and partners with financial institutions to help small businesses with their spend management, access digital unsecured loans, open a bank account and…
Amazon has quietly rolled out Prime Gaming, its subscription service that offers access to a number of titles, to its members in India weeks after it started testing the service in the South Asian market. The gaming service, complimentary to Amazon Prime and Video subscribers, offers users access to a range of mobile, PC and…
Bradley Tusk — who spent his early career in Democratic politics and later became a consultant and lobbyist for private companies battling regulators — spends much of his time these days as a venture capitalist. But while Tusk is a generalist, he insists he isn’t interested in just any startup; his expertise, he says, is…
Toyota president Akio Toyoda has made it no secret that he really, really dislikes electric vehicles. This weekend, he offered this latest installment: “People involved in the auto industry are largely a silent majority,” Toyoda told reporters in Thailand, according to The Wall Street Journal. “That silent majority is wondering whether EVs are really OK…
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