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FTX seeks permission to speedily sell 8% stake in Anthropic – The Block

issued 1 minute ago upon Bankrupt cryptocurrency exchange FTX is preparing to sell its most important remaining illiquid asset, its 8% stake in the valuable AI startup Anthropic, but Anthropic will be closed in October 2021. received a $500 million investment from former FTX CEO Sam Bankman Fried. The company, currently led by CEO John […]

Supreme Court Declines To Block West Point’s Race-Based Admissions Program

The U.S. Supreme Court on Friday refused to block the U.S. Military Academy from implementing a race-based admissions program that was being challenged by anti-affirmative action groups. In September 2023, Students for Fair Admissions (SFFA) won the landmark case SFFA v. Harvard University, which most recently ruled that universities’ race-based admissions practices are unconstitutional. did. […]

DOJ charges trio for $400 million SIM-swapping hack targeting FTX – The Block

issued 1 minute ago upon The Justice Department has charged three people with orchestrating SIM-swapping attacks to steal more than $400 million from one company, believed to be the failed FTX exchange, according to an indictment filed in federal court last week. According to an indictment filed in the U.S. District Court for the Northern […]

Democrat Says GOP May Block Funds for Biden’s Migration

Democratic leaders complain that some Republican senators are opposing President Joe Biden’s request for at least $15 billion in emergency funding to house and hide waves of immigrants in American cities and towns. is leaking. Sen. Chris Murphy (D-Conn.) told reporters that he was “increasingly concerned that Republicans are not committing to spending funding that […]

Biden Regulators Say They’re ‘Pleased’ By Merger Block That Gutted US Company

Following the recent announcement that Amazon and iRobot have terminated their $1.4 billion merger agreement, Nathan Soderstrom, associate director of merger analysis at the Federal Trade Commission (FTC), issued a statement stating that Biden regulations The authorities expressed their pleasure at the disbandment. “We are pleased that Amazon and iRobot have abandoned the proposed transaction…The […]

Trump says he would block US Steel sale

Former President Trump has vowed to block the sale of US Steel to Nippon Steel Corporation (NSC) if he secures a second term in the White House. “I would block it, I think it would be horrible. If Japan bought U.S. Steel, I would block it immediately. Absolutely,” he said Wednesday at a meeting with […]