Business

“All my Republican donations have been obscure,” SBF told crypto influencer and YouTuber Tiffany Fong, referring to political donations that have not been publicly disclosed. “The reason wasn’t for regulatory reasons, it was because reporters freak out when you donate to Republicans. They’re all super liberal and I didn’t want to have this argument.” Audio from my first interview with…

On Monday, in a series of tweets, Musk claims Apple has “largely stopped” its advertising on Twitter. That’s bad news, since Apple’s $48 million in ad spend accounted for more than 4% of Twitter’s revenue in the first quarter of this year Washington Post reported. “Hate free speech in America,” Musk wrote. In a separate tweet, he asked Apple’s CEO,…

Bread Savings is an online-only bank that is part of Ohio-based financial services company Bread Financial. The bank only offers two types of deposit accounts: high yield savings with a competitive 3.5% APR and certificates of deposit (CD) with up to 4.75% APR. The lack of account options offered by Bread Savings may pose a challenge for some potential customers,…

Employees of large financial companies want flexibility. They’re not ready to return to a 9-to-5 office job post-pandemic, despite urging from some C-suite executives. “Companies themselves often have regulations about the number of days employees are expected to be,” Grace Lordan, director of the Inclusion Initiative at the London School of Economics and Political Science (LSE), told me. “However, employees…

Snap is the latest company trying to get employees back into the office. According to an internal memo from Bloomberg, starting in February, Snap employees are expected to spend at least 80% of their time in the office and be out of the office four days a week for most employees. The policy, which CEO Evan Spiegel called “collective failure,”…

Elon Musk has some issues with Apple and its CEO Tim Cook — and as the new owner of Twitter, Musk is tweeting all about it. Musk on Monday said that Apple has “largely stopped” advertising on Twitter. He asked, “Do you hate free speech in America?” Then he added, “What’s going on @tim_cook?” If what Musk said is true…

China’s strict zero-COVID policy will backfire in the near future, causing serious pain to investors in that country, according to veteran wealth manager Mark Mobius. Rare public protests against COVID lockdowns swelled across China last week after an apartment fire in the Xinjiang provincial capital, Urumqi, killed 10 people and workers at the world’s largest iPhone factory in Zhengzhou clashed…

On Saturday, Chinese officials announced that one of the country’s longest lockdowns would finally end amid nationwide protests against Beijing’s strict COVID-zero policy aimed at eliminating every case of the virus. Xinjiang residents have been in lockdown for over three months. But officials abruptly said the detention would end “gradually” after a deadly apartment fire in the provincial capital, Ürümqi,…

Prince William and the Princess of Wales will try to draw attention to their Earthshot award for environmental innovators when they make their first visit to the US in eight years this week, a trip likely fueled by tensions with Prince Harry and his wife is tracked. Meghan, who has criticized the British royal family in the American media. William…

The US Football Association briefly displayed the Iranian national flag on social media without the Islamic Republic’s emblem, saying the move helped protesters in Iran ahead of the two nations’ World Cup match on Tuesday. The Iranian government responded by accusing America of removing the name of God from its national flag. The USSF decision added another political firestorm to…