FTX’s trading arm, Alameda Research, left behind a pile of bills for cloud services, Bloomberg terminals, lawyers—and a tab at a Margaritaville resort in the Bahamas. Amazon Web Services is Alameda’s top creditor, with an unsecured claim of $4.6 million, court filings in FTX’s bankruptcy case revealed on Monday. Other top creditors of Alameda include London-based law firm Herbert Smith...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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