The Federal Deposit Insurance Corporation issued cease and desist letters to cryptocurrency exchange FTX US and four other firms Friday regarding “false and misleading statements” about FDIC insurance related to digital assets. The letter to FTX US, the U.S. affiliate of global crypto exchange FTX, referenced a July tweet from company President Brett Harrison that said employer direct...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Amazon’s No-Fly Zone: Drone Delivery Largely Grounded Despite Splashy Launch
Amazon in December announced with great fanfare that, after nearly a decade of work, it had finally launched drone delivery in the U.S., in two towns in California and Texas. But by mid-January, Amazon Prime Air had made deliveries to fewer than 10 houses, according to people who worked on the project. Despite what Amazon has said publicly about regulatory approvals for the drone effort, the...
Meta Platforms’ Revenue and Profit Fall in Q4
Checkout.com Reshuffles Executives to Double Down on U.S. Expansion
Judge Tells Sam Bankman-Fried to Stop Texting Former FTX Colleagues
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Netflix Tells Advertisers Sign-Ups to Ad Tier Doubled in January