FTX employees were claiming expenses through online chat and random managers used emojis to approve them, new CEO says in bankruptcy filings

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonathan Raa/NurPhoto via Getty Images FTX employees claimed expenses through chat messages, its new CEO said. Random managers would then…

FCC orders ISPs to display labels clearly showing speeds and itemized fees

Internet service providers (ISP) will soon have to be a lot more transparent with what their plans come with and how much they truly cost. The Federal Communications Commission (FCC) has introduced new rules that will require ISPs to display easy-to-read-and-understand labels that show key facts about their products at the point of sale. These…

GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long

GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances. “Achieving financial independence more quickly has a profound cost for us, because when we take a hard look at how we fundamentally need to change (business focus…

Jamie Raskin: Trump thought he could enter the Capitol on January 6 ‘like Mussolini being carried on the shoulders of his supporters’

Former President Donald Trump. Spencer Platt/Getty Images A January 6 panel member spoke to MSNBC after interviewing Secret Service agent Robert Engel. Democratic Rep. Jamie Raskin said the panel learned how Trump was “incensed” about not being able to “join the mob.” He said Trump likely thought he would enter “like Mussolini being carried on…

Ticketmaster faces antitrust scrutiny after Taylor Swift ticket chaos

Ticketmaster is facing more scrutiny from politicians after its chaotic presales for tickets to Taylor Swift’s tour. Tennessee attorney general Jonathan Skrmetti said he is looking into whether Ticketmaster violated consumer’s rights and antitrust regulations. Skrmetti is the latest politician who has called attention to Ticketmaster and Live Nation’s hold on the ticketing market. This…

Twitter staffers have called Elon Musk’s ‘hardcore’ bluff, sparking potential mass exodus

I’m tired of Elon Musk. I’m tired of Twitter. I’m just tired. Apparently, I’m not the only one. Roughly 75 percent of Twitter’s anemic remaining workforce have reportedly not agreed to Musk’s new “extremely hardcore” vision of the company, opting instead to take the money and run. In response, Twitter has temporarily closed its office…