Category: Technology

Ex-FTX boss Bankman-Fried: ‘I didn’t try to commit fraud’ By Ben Derico & James Clayton BBC News, San Francisco Sam Bankman-Fried, the former chief executive officer of crypto exchange FTX, has denied committing fraud. The man once hailed as a legendary figure in the crypto industry told The New York Times he had had a… Continue reading Ex-FTX boss Bankman-Fried: ‘I didn’t try to commit fraud’

Musk feuds with Apple over Twitter advertising Reuters By Ben Derico BBC News, San Francisco Elon Musk has said Apple has halted most of its advertising on Twitter and accused the company of threatening to remove the platform from its app store. The feud comes as many companies have halted spending on Twitter amid concerns… Continue reading Musk feuds with Apple over Twitter advertising

Mercedes-Benz to introduce acceleration subscription fee Getty Images By Tom Gerken Technology team Mercedes-Benz is to offer an online subscription service in the US to make its electric cars speed up quicker. For an annual cost of $1,200 (£991) excluding tax, the company will enable some of its vehicles to accelerate from 0-60mph a second… Continue reading Mercedes-Benz to introduce acceleration subscription fee

Instagram ‘wrong’ to take down drill music video Getty Images By Shiona McCallum Technology reporter The owner of Instagram has been told it should not have removed a drill music video. Meta took down the video by Chinx (OS) after being contacted by the London Metropolitan Police, which raised concerns about gang violence. But Meta’s… Continue reading Instagram ‘wrong’ to take down drill music video

FTX crypto exchange owes biggest creditors $3.1bn Getty Images Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn (£2.6bn), according to a court filing. The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top 10 creditors, but has not named any. The collapse of… Continue reading FTX crypto exchange owes biggest creditors $3.1bn

China urges military veterans to work at iPhone factory Getty Images By Wanyuan Song BBC News China wants retired military staff to help boost production at the world’s largest iPhone factory in Zhengzhou. The call came from a Veteran Affairs Bureau of the People’s Liberation Army in the same province as the plant. Output at… Continue reading China urges military veterans to work at iPhone factory

MrBeast overtakes PewDiePie as most-subscribed YouTuber Getty Images By Tom Gerken Technology reporter MrBeast has ended PewDiePie’s reign as the YouTuber with the most subscribers – the first change at the top in almost 10 years. Swedish creator PewDiePie, whose real name is Felix Kjellberg, became the most-subscribed YouTuber in August 2013 with his gaming… Continue reading MrBeast overtakes PewDiePie as most-subscribed YouTuber

Over a million are owed money by failed crypto exchange Getty Images By Shiona McCallum & Chris Vallance Technology reporters Over a million people and businesses could be owed money following the collapse of the crypto exchange FTX, according to bankruptcy filings. There have also been reports that FTX suffered a hack, taking millions of… Continue reading Over a million are owed money by failed crypto exchange

Twitter chaos after wave of blue tick impersonations Getty Images By Shayan Sardarizadeh BBC Monitoring A wave of new paid blue tick accounts impersonating influential individuals and brands has led to chaos and confusion on Twitter. Fake “verified” accounts in the names of politicians, celebrities, major organisations and businesses started appearing on the platform on… Continue reading Twitter chaos after wave of blue tick impersonations

Twitter drama continues with blue-tick confusion Getty Images More turmoil is surrounding Elon Musk and Twitter, as high-profile staff quit and the rules about verified accounts keep changing. People on and off the platform have been raising concerns about the direction Twitter is going in under its new billionaire leader. And the grey “Official” badges… Continue reading Twitter drama continues with blue-tick confusion