“I didn’t ever try to commit fraud on anyone, I was shocked by what happened this month,” Sam Bankman-Fried (SBF), the founder and former chief executive of the fallen FTX, said at the New York Times’ annual DealBook summit in an interview with Andrew Ross Sorkin. One of the biggest questions around this debacle is…
Netflix released nine more mobile games this month, the company announced on Tuesday. The addition of games brings Netflix’s total to over 40 titles, keeping the streamer on track to have more than 50 titles in its mobile games catalog by the end of 2022. Newly added games include “Country Friends,” the “FarmVille” clone developed…
South Korean prosecutors said Wednesday they have requested arrest warrants for eight people related to Terraform Labs for the alleged fraud as the local authorities widen their investigation into the collapse of the TerraUSD and Luna tokens that wiped tens of billions of dollars from the crypto market earlier this year. The Seoul Southern District…
Disney paid $900 million to Major League Baseball (MLB) earlier this month to buy out the league’s remaining 15% stake in the streaming firm BAMTech, according to an SEC filing made public Tuesday. The transaction makes Disney a 100% owner of the streaming company that powers Disney+ and the firm’s other consumer services. The SEC…
Despite global headwinds, Southeast Asia’s early stage startups are still going strong, say the founders of Iterative Capital. The Singapore-based venture capital firm, which runs a YC-style accelerator program, announced today it has raised $55 million for its Fund II from LPs like Cendana, K5 Global, Village Global and Goodwater Capital. Other backers include a…
AWS today announced Amazon Security Lake, a new purpose-built data lake for security-related data. It can aggregate data from cloud and on-premises infrastructure, firewalls and endpoint security solutions. It helps enterprises centralize all of their security data in a single data lake, using a standards-based format, and manage the lifecycle of this data. Security Lake…
The UK government has completed a major revision to controversial but populist online safety legislation that’s been in the works for years — and was finally introduced to parliament earlier this year — but has been paused since this summer following turmoil in the governing Conservative Party. In September, new secretary of state for digital, Michelle Donelan,…
At its re:Invent kickoff keynote tonight, AWS announced a small but important update to Lambda, its serverless platform, that tackles one of the most common issues with the service. Typically, when a function isn’t used for quite a while, Lambda will shut the virtual machine down — and despite improvements like faster Firecracker microVMs, this…
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Cyber Monday savings are here — for today only book a pass to TC Sessions: Space 2022 and save 50% on all available passes. This one-day exploration event is focused on early-stage space startups, trends, science and technology across the private, public and defense universe takes place on December 6 in Los Angeles. Don’t miss…
