index investors
[Link] Inspiring: ‘Cryptoqueen’ Breaks Barriers, Becomes First Crypto Criminal on FBI’s Most Wanted List
Read: 4/7/2022 www.vice.com
Ignatova, who ran a pyramid-scheme scam in the form of Bulgarian cryptocurrency company OneCoin Ltd., is the first crypto criminal to land the FBI’s Most Wanted List and the eleventh woman to join the list in its 72-year history.
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[Link] Tesla asks judge to pause suit alleging ‘rampant racism’ against Black workers
Read: 19/4/2022 www.theguardian.com
Tesla has asked a California judge to pause a lawsuit against the company alleging widespread racial discrimination at its flagship assembly plant.
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[Link] Guy Whose Companies Keep Getting Sued For Discrimination Threatens to 'Improve' Twitter
Read: 5/4/2022 www.vice.com
Elon Musk has joined the board at Twitter, saying he plans to make several improvements to the platform.
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[Link] Peter Thiel Is Stepping Down From Facebook to Go Full MAGA
Read: 8/2/2022 www.vice.com
Billionaire tech investor Peter Thiel is stepping down from the board of Meta, Facebook’s parent company said Monday.
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[Link] Crypto Co-Founder Revealed to Be Infamous Fraudster, Investors Shaken
Read: 30/1/2022 www.vice.com
Investors are shaken after the co-founder of a multi-billion dollar cryptocurrency protocol was accused of being a serial scammer with a record of conviction and deportation, and the co-founder of a fraudulent Canadian exchange that imploded.
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[Link] SpiceDAO Roasted for Spending $3.8 Million on Jodorowsky’s ‘Dune’ Book
Read: 19/1/2022 www.vice.com
In an embarrassing but predictable turn of events, a group of cryptocurrency investors's bid to purchase one of the few remaining copies of Alejandro Jodorowsky's Dune adaptation is shaping up to have been a letdown despite actually winning the auction.
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[Link] Trump social media company claims to raise $1bn from investors
Read: 5/12/2021 www.theguardian.com
Donald Trump’s new social media company and its special purpose acquisition company partner said on Saturday the partner had agreements for $1bn in capital from institutional investors. The former president launched Trump Media & Technology Group (TMTG) in October.
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[Link] Theranos tests detected prostate-cancer marker in prostateless women
Read: 12/11/2021 arstechnica.com
Around 2016, Theranos’ fourth lab director, Kingshuk Das, noticed a problem. He was analyzing data from the company’s diagnostic devices when he saw results from tests for prostate-specific antigen, or PSA.
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[Link] Holmes’ ex-boyfriend, who was Theranos exec, bullied and ignored $1.2M investor
Read: 12/11/2021 arstechnica.com
In 2006, Alan Eisenman invested more than $1 million in Theranos, a then-promising medical diagnostic company founded by college dropout Elizabeth Holmes.
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[Link] Theranos lab chief says Elizabeth Holmes offered ‘impossible’ explanation for odd findings
Read: 10/11/2021 www.theguardian.com
The former lab director of Theranos has testified that Elizabeth Holmes gave “implausible” excuses for apparent failures in the company’s tests and personally pushed back against his concerns about its signature blood testing machines.
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[Link] The startup that wants to disrupt big internet providers
Read: 9/11/2021 www.axios.com
Why it matters: Internet access has been crucial during the pandemic, but it's not ubiquitous, and it can be both slow and unaffordable in swaths of the country.
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[Link] Fed: Meme Stocks Might Blow Up U.S. Economy One Day
Read: 9/11/2021 www.vice.com
The Federal Reserve is worried that risk-taking online investors and social media echo chambers could lead to a “potentially destabilizing outcome.
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[Link] 'Crypto Investing Club' Leader Spent Investors' Money on Jewellery, Real Estate
Read: 4/11/2021 www.vice.com
Michael Ackerman pleaded guilty to wire fraud, and also spent ill-gotten funds on private security guards. Hacking. Disinformation. Surveillance. CYBER is Motherboard's podcast and reporting on the dark underbelly of the internet.
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[Link] Australia's largest bank is getting into cryptocurrency. Here's why its competitors aren't
Read: 4/11/2021 www.abc.net.au
After one major Australian bank this week announced it'll give customers the option of trading crypto currencies, such as Bitcoin, on its existing banking app, you might have expected others to follow. However, they have told the ABC they will not at this stage.
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[Link] ‘Squid Game’ Memecoin Soared to Record $2,800. Then It Fell to Zero.
Read: 2/11/2021 www.vice.com
The SQUID token peaked at a price of $2,861 on Monday, more than 300 times what it was worth when it began trading just a week ago, according to data from CoinMarketCap.
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[Link] Unbelievable: 'Monkey Jizz' Cryptocurrency Turns Out to Be a Scam
Read: 2/11/2021 www.vice.com
Investors in a cryptocurrency called Monkey Jizz are posting on social media that they’ve been scammed by the project’s developer after a token sale.
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[Link] $100M Theranos investor did little vetting for fear of upsetting Elizabeth Holmes
Read: 31/10/2021 arstechnica.com
Theranos sent a major investor financial projections that were wildly optimistic—perhaps even deceptive—the jury heard yesterday in the criminal trial of company founder and former CEO Elizabeth Holmes.
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[Link] Why Does FaZe Clan Think It’s Worth $1 Billion?
Read: 27/10/2021 www.vice.com
FaZe Clan, the esports and gaming influencer group, announced plans on Monday to become “the only digitally native, youth-focused lifestyle and media platforms publicly traded on a U.S.
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[Link] What Crisis? Facebook Made $9 Billion In Profit in the Last 3 Months
Read: 26/10/2021 www.vice.com
Want the best of VICE News straight to your inbox? Sign up here. On the face of it, Facebook has been having one of the worst weeks in its history.
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[Link] Opinion: Dear Facebook: No one cares about Oculus; give us Instagram revenue!
Read: 26/10/2021 www.marketwatch.com
Facebook goes the Alphabet route — giving investors numbers on a young business instead of mature operations, while renaming the company — but can we just skip to the part where the SEC makes Zuckerberg tell investors what they actually want to know? Facebook Inc.
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[Link] SEC: GameStop Frenzy ‘Tested the Capacity and Resiliency’ of Stock Market
Read: 19/10/2021 www.vice.com
“At the same time, the trading in meme stocks during this time highlighted an important feature of United States securities markets in the 21st century: broad participation,” the report noted.
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[Link] CIA Funding Arm Gave Encrypted App Wickr $1.6 Million
Read: 12/10/2021 www.vice.com
In-Q-Tel, a nonprofit investment firm started by the Central Intelligence Agency (CIA), recently poured more than $1.6 million into encrypted messaging platform Wickr, according to public disclosure records reviewed by Motherboard. The $1.
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[Link] Discord funding round values it at an eye-popping $15 billion
Read: 16/9/2021 www.pcgamer.com
Discord is so hot right now.
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[Link] Stuck in limbo: investors blame Asic for $200m loss, but no one will hear their claim
Read: 23/8/2021 www.theguardian.com
i Investors seeking $200m in compensation from the corporate regulator over the collapse of a retirement village group say they are trapped in a catch-22 situation because no one in government will consider their claim.
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[Link] Activision Blizzard shareholder calls cultural reform plans 'deficient' and 'inadequate'
Read: 13/8/2021 www.gamasutra.com
As reported by Axios, a letter penned by SOC executive director Dieter Waizenegger suggests the Call of Duty and World of Warcraft maker hasn't outlined any changes that would address key issues and usher in meaningful change.
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[Link] Battlefield has free-to-play in its future, says EA
Read: 7/8/2021 www.vg247.com
As EA positions Battlefield to be more of an ongoing live service, the publisher is investing in other entry points.
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[Link] Wall Street Investors Press Corporate Landlords on Eviction Plan
Read: 7/8/2021 theintercept.com
In courthouses across the country this week, grief and anger over looming eviction orders turned to hope as the Biden administration shifted course.
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[Link] How to Read Uber and Lyft's Purposefully Confusing Earnings Reports
Read: 5/8/2021 www.vice.com
For years, Uber and Lyft have claimed that profitability is just around the corner (or used accounting tricks to claim that they’re making money).
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