Tag Archives: charity

FTX’s 115-page list of potential creditors reads like an alphabetical accounting of the who’s who of business. The now-bankrupt cryptocurrency exchange owes money to Apple, Google, Verizon, Netflix and a slew of companies, including BlackRock, that are fixtures of the Fortune 500. On Wednesday, lawyers for FTX submitted the long-anticipated inventory of FTX’s debt in the U.S. Bankruptcy Court in Delaware, which only included names of institutions and companies, not individual creditors…. Source link

FTX’s 115-page list of potential creditors reads like an alphabetical accounting of the who’s who of business. The now-bankrupt cryptocurrency exchange owes money to Apple, Google, Verizon, Netflix and a slew of companies, including BlackRock, that are fixtures of the Fortune 500. On Wednesday, lawyers for FTX submitted the long-anticipated inventory of FTX’s debt in the U.S. Bankruptcy Court in Delaware, which only included names of institutions and companies, not individual… Source link

Staring at his computer screen, Blaine couldn’t help but start sweating. The $50,000 in cryptocurrency he once had in his account was now worthless. Months from getting his law school degree, Blaine, 25, had invested all the money that he had made from trading NFTs over the past year in the hopes of putting it toward starting a life with his fiancé. He had put $50,000 of a stablecoin, USD Coin (USDC), into a liquidity pool of assets for stablecoins USDC and Cashio nine days prior, but when… Source link

The UK’s data protection watchdog has written to Apple and Google seeking details of how they assess apps to determine the age ratings they apply following concerns raised by an online child safety charity. The move follows the coming into force of the UK’s Age Appropriate Design Code this September — which puts requirements on digital services that are likely to be accessed by children to prioritize protecting their privacy and safety. In a statement today the information… Source link

Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska, May 4, 2019. (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP via Getty Images) Investing icon Warren Buffett has now pledged half of his Berkshire Hathaway shares to (BRK-B, BRK-A) to charity, giving another $4.1 billion to five foundations as part of his long-standing annual commitment to philanthropy.  “Today is a milestone… Source link

A meditation app is making the most of the the Naomi Osaka/French Open controversy.  Calm vowed on Wednesday to make a $15,000 donation to youth sports charity Laureus Sport for Good in Osaka’s name, citing her “decision to prioritize her mental health.” The app also pledged to pay the fines of any player citing mental health issues who skips a news conference during the 2021 Grand Slam season. For each fine that it pays, it pledged an additional $15,000 to Laureus.  Osaka’s French Open… Source link

In 2018, entrepreneur-turned-investor Andrew Wilkinson, who runs Victoria, Canada-based tech holding company Tiny, shelled out $57,700 for a charity auction lunch with Bill Ackman, the well-known billionaire activist investor and CEO of Pershing Square Capital Management. The $57,700 lunch turned out to be an excellent investment that led to a friendship and, ultimately, a business partnership. Ackman’s family office invested in one of Wilkinson’s portfolio companies, WeCommerce, marking the… Source link