Marvie Basilan

BlockFi creditors have moved to liquidate the defunct crypto lender following an investigative report that they said detailed CEO Zack Prince's perpetration of "a fraud on customers." BlockFi is just one of dozens of companies dragged into the collapse of crypto exchange FTX.

Experts believe Wagner Group's chief was tricked into going to Belarus and that he "would still be in danger." Some analysts say Prigozhin may pose a threat again if Wagner mercenaries decided to follow him to Belarus.

Former congresswoman Cheney is unsure if the Republican Party can be saved amid a "tectonic shift" in the country's politics. She says the GOP will crumble if Trump is chosen to challenge Biden in 2024.

Google is slashing its Waze workforce as the search giant merges the app with its own mapping system. The number of tech companies laying off staff this year has now exceeded 800.

Auto giant Ford is cutting more jobs this year as it shifts its focus to the electric vehicle industry. The company laid off thousands of jobs since February after CEO Jim Farley said Ford had too many workers but not enough equipped with the skills necessary to boost its EV business.

Russian President Vladimir Putin may have "dropped" the supposed deal his Belarusian counterpart brokered with Wagner Group's Yevgeny Prigozhin over the weekend as the two sides reignited tensions over comments they made Monday. Putin slammed the insurrection's "organizers" while Prigozhin said he doesn't regret the short-lived march to Moscow.

The House has moved to put ChatGPT in fetters that it can loosen or tighten whenever it wants as lawmakers continue to grapple with how AI will be regulated. The new guardrails on generative AI use in Congress follows Sen. Chuck Schumer's call for faster work on regulating the fast-evolving technology.

Trading app Robinhood is eliminating around 150 roles after two earlier layoffs that affected approximately 1,000 employees. The brokerage firm faced regulatory challenges in recent months and a system failure in February cost the company millions.

MrBeast, a YouTuber who is known for attempting various scary activities such as getting buried alive and staying in Antarctica for 50 hours – someone supposedly known to defy fear for entertainment – expressed fear over the thought that he could've been on the imploded Titan submersible.

SoftBank-backed IRL, a social messaging app that claimed it had 20 million users, is shutting down after an investigation found only 5% of its users were real people. The startup's CEO was also the subject of a misconduct probe, which led to his suspension and ultimately, his departure from the position.

Southern United States is experiencing extreme weather conditions, with more than 500,000 customers across five states plunged in the dark and millions under heat advisories in Texas.

Some of the country's biggest retailers have been the target of ransom bomb threats in recent weeks, WSJ reported. Some callers demand money, others want thousands worth of gift cards, while one caller reportedly asked for Bitcoin. Walmart, Target, Meijer, Kroger, Whole Foods and Kohl's have been targeted.

As early as October last year, Meta threatened to pull news availability for Canadian users, and today, it announced that Facebook and Instagram users in Canada will no longer be able to share news content on the platforms ahead of Bill C-18's enforcement. Google has also opposed the bill, but some industry groups have applauded the government's latest move.

Robert "Bobby" F. Kennedy Jr. is gaining popularity among some conservatives, including ousted Fox News host Tucker Carlson and TV commentator Joe Rogan.

FTX has been trying to recover funds Sam Bankman-Fried and other ex-FTX executives donated, and this time, it wants to get back $700 million from a former Hilary Clinton aide and his investment firm.

Cheddar News has reportedly cut several jobs Thursday, including numerous producers and two longtime anchors. The news network previously laid off workers in April, which affected its YouTube team.

Following earlier small-scale cuts and a bigger workforce reduction in its freight services arm, Uber is reportedly letting 200 recruiters go in ongoing cost-cutting efforts even as it secures new partnerships. The company previously implemented a "more rigorous approach" in employee performance reviews.

Ripple is very pleased with the in-principle approval it obtained from Singapore's central bank and financial regulator for its digital payment token offerings. The news comes as Ripple fights back against the U.S. SEC in a lawsuit that charges the crypto firm of selling unregistered securities.

Sen. Chuck Schumer is urging lawmakers to push through with AI regulation through "AI insight forums" that will involve input from tech leaders. The proposal comes after the EU, the world's frontrunner in AI regulation, reportedly applied some of the changes ChatGPT maker OpenAI recommended for the bloc's AI Act.

Rep. Lauren Boebert's attempt to force a House vote on President Joe Biden's impeachment isn't getting a lot of support from lawmakers as Kevin McCarthy led the opposing side in calling for GOP leaders to reject the resolution. McCarthy said Boebert bypassed other GOP members about her bid to get a quick floor vote.

Sen. Bernie Sanders has launched an investigation into the alleged poor conditions at Amazon warehouses that were previously pointed out by the OSHA. Sanders said Amazon was "well aware" of the dangers that its employees faced in warehouses but did not take the appropriate measures to protect workers.

OpenAI has been calling for government intervention in regulating artificial intelligence - going as far as recommending an IAEA-like regulatory body for AI, but it turns out the company lobbied European Union officials to score some wins in amendments it wanted on the comprehensive AI Act.

Grab and Olx Group have joined the list of companies that implemented layoffs this month. Grab last slashed its workforce three years back, while Olx Group last reduced its staff in January.

The Biden administration has reportedly reached out to the Cuban government to try to block the deal from moving forward. Washington is concerned that the facility, if established, could lead to China deploying its troops and conducting its security or intelligence operations on the island.

Apple growers in Switzerland are raising concerns over the tech giant's bid to own the intellectual property rights of apple fruit depictions, as they argued that they will have to spend millions if the iPhone maker is granted trademark rights that will force farmers to rebrand or change their group's red apple logo.

Byju's, which was the subject of an April investigation by India's anti-crime agency, has reportedly laid off up to 1,000 employees in a new round of job cuts that affected a wide of range departments. The company has been accused of aggressive sales tactics and a harsh working environment.

Weather officials have issued more than a dozen heat alerts across Texas and Louisiana as the states face high and dangerous temperatures that could reach up to 120 degrees.

The State Department confirmed that Antony Blinken would meet with Chinese President Xi Jinping Monday, but based on the readout of Blinken's meetings with two senior Chinese officials, it appears there has been little progress made on the secretary of state's original agenda for his China state visit.

Indian health and wellness startup Mojocare has joined the growing list of Sequoia-backed companies that have been found with irregularities in financial reporting. The company also recently laid off about 80% of its workforce but denied allegations that any money was taken out of the company.