A bankruptcy filing Monday revealed that FTX has a total of $1.24 billion in cash across all of its entities that filed for bankruptcy. About a third of the total—$400 million—comes from the trading firm Alameda Research and its associated companies and $256 million comes from companies including FTX Japan, FTX EU and FTX Trading. The court filing also included the companies’ cash flow...
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Where Google Has Grown
Alphabet has doubled the headcount in its Google Cloud unit since early 2019, according to data obtained by The Information, outstripping Alphabet’s overall hiring growth. The rapid growth helps explain why Google Cloud’s losses continue to widen even as its revenue grows rapidly. Google’s hardware unit and YouTube also each roughly doubled headcount between the first quarter...
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The Information’s Top Tech-Adjacent Gifts for 2022
After the roller-coaster ride of the past month, everyone needs a little retail therapy. So, in honor of Black Friday and the upcoming holiday season, we’ve put together our annual gift guide, asking The Information’s staffers to share their favorite tech and tech-adjacent purchases of the last year.