Cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person familiar with the matter. Binance’s non-binding letter of intent for the takeover — announced Tuesday as FTX’s financial position Read more…
The difference between reality and unreality is that reality has so little to recommend it. — Allan Sherman
AMC Entertainment plans to launch “Zoom Rooms” at movie theaters in up to 17 U.S. cities serving businesses with in-person events and meetings. The partnership with Zoom will roll out “sometime in 2023,” the giant exhibitor said. It will give the chain access to the “multi-billion market for corporate and Read more…
Microsoft is now promoting some of its products in the sign-out flyout menu that shows up when clicking the user icon in the Windows 11 start menu. This new Windows 11 “feature” was discovered by Windows enthusiast Albacore, who shared several screenshots of advertisement notifications in the Accounts flyout. The Read more…
Binance has signed a non-binding, letter of intent to acquire FTX, the two firms said, delivering a surprising twist amid the public feud between the world’s two largest crypto exchanges that contributed to several tokens taking a tumble Tuesday. The firms didn’t disclose the value of the deal, pending the Read more…
Salesforce on Tuesday confirmed that it cut some employees this week after the enterprise software maker saw demand lighten in some countries and industries. Protocol reported earlier on the cuts, saying that they could affect up to 2,500 employees. One person familiar with the matter said Salesforce let go of Read more…
A federal judge denied Elizabeth Holmes’s bid for a new trial, the latest setback for the Theranos founder who was convicted of fraud in January. From a report: U.S. District Judge Edward Davila, who oversaw Ms. Holmes’s trial which began last year, said in a ruling late Monday that the Read more…