Bitwise Industries, a job training startup that raised more than $100 million from investors including JP Morgan Chase, Goldman Sachs and Kapor Capital, has filed for Chapter 7 Bankruptcy in the U.S. Bankruptcy Court for Delaware, according to a statement from the company. The decision to file for a Chapter 7 bankruptcy followed an investigation from the board of directors focused on the...
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Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament. How had they done it, she asked him. How had the EU managed to bring big tech to heel? The liberal Massachusetts senator, alongside Sen. Richard Blumenthal (D-Conn.), had stopped off in Brussels on August 25 to speak with European...
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