Business

Jacqui Oatley will become the first female play-by-play commentator for US World Cup broadcasts and will lead one of Fox’s five broadcast crews for the tournament in Qatar, which opens on Sunday. Pien Meulensteen, Vicki Sparks and Robyn Cowen are among the broadcasters of games on the BBC in the UK. “A lot of people are going to have negative…

It was late August, and Sam Bankman-Fried appeared on a computer screen in the black headphones, t-shirt, and soft headpiece that were his trademark ubiquitous face of Crypto and Chief Executive Officer of FTX. Questions mounted about the exchange’s relationship with Alameda Research, the trading firm he founded and behind the cryptocurrency exchange collapse. At the time, however, Bankman-Fried made…

After a record 2021, the venture capital market has slowed this year and is likely to remain cool in 2023 due to inflation, rising interest rates and geopolitical uncertainties. But the news isn’t all grumpy. Despite volatile market conditions, 2022 is already the year for the second highest venture capital investment on record. Total investments are expected to hit the…

The law school at the University of California, Berkeley on Thursday joined the law programs at Harvard and Yale, withdrawing from the US News & World Report rankings over fears they would penalize efforts to educate students with a broad spectrum of to wear backgrounds. The deans of all three law schools said the magazine’s influential ranking system is biased…

Masayoshi Son is now personally responsible for approximately $4.7 billion in side businesses he managed at SoftBank Group Corp. to increase his compensation is on the hook after mounting losses in the company’s technology portfolio wiped out the value of its stake in the second Vision Fund. Over the years, the Japanese billionaire’s controversial personal stakes in SoftBank’s investments have…

If you’re a Long COVID patient with a headache, brain fog or other neurological symptoms, another coronavirus could be to blame — at least in part, according to a new study. Researchers from the Ragon Institute of Massachusetts General Hospital, the Massachusetts Institute of Technology and Harvard University examined the spinal fluid of 112 patients infected with COVID. In patients…

David Ripley, the new CEO of cryptocurrency exchange Kraken, didn’t mince words when discussing Sam Bankman-Fried (SBF). “I think that’s where it boils down to with all the information we have [and] This bankruptcy report, which has now been released, states that FTX and SBF are complete fraudsters – not just fraudsters, but thieves,” said Ripley, who also served as…

Elon Musk gave Twitter employees an ultimatum to either join the company’s new “hardcore” work environment or leave. According to people familiar with the matter, many more workers than he expected refused to sign up, potentially jeopardizing Twitter’s operations. So many employees opted for severance pay that there was confusion about who should still have access to company property. Twitter…

Billionaire investor Barry Sternlicht is stepping up his criticism of the US Federal Reserve’s rate hikes aimed at bringing down inflation. “This is self-inflicted suicide,” Sternlicht said CNBC on Thursday. “It’s a terrible idea and it’s not necessary. The economy is slowing down by itself.” He argues that raising interest rates at this point will only slow the economy rather…

Despite dire predictions of a widely expected recession in the US, the economy remains strong for now. Americans are struggling with inflation and rising interest rates, are concerned about layoffs particularly in the tech industry, and have little confidence in the direction of the economy. Trust is even worse among CEOs. But as bleak as the mood is, the economy…