Letitia James accused the founder of Celsius Network, Alex Mashinsky, of a scheme to defraud hundreds of thousands of investors. Source
Technology
The Failure of China’s Microchip Giant Tests Beijing’s Tech Ambitions
In 2015, an obscure company run by a real estate mogul woke the world to China’s ambitions in semiconductors, the foundational technology that powers computing. Laden with state funding and political backing, the company made […]
Technology
7 A.I. Companies Agree to Safeguards, Biden Administration Says
Seven leading A.I. companies in the United States have agreed to voluntary safeguards on the technology’s development, the White House announced on Friday, pledging to manage the risks of the new tools even as they […]
Technology
Amazon’s Revenue and Profit Jump, Reversing Slide
Amazon reversed its winter slide and posted strong financial results for the first quarter. Revenue increased 9 percent from a year earlier to $127.4 billion, while net income jumped to 31 cents a share against a loss […]
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