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FTX’s Founder Sam Bankman Fried Extradited to the U.S. (Report Claims)

Here are the top trending news from the world of technology. News that I believe every tech enthusiast should keep a tab on.

1)

FTX’s Founder Sam Bankman Fried Extradited to the U.S. (Report Claims)

FTX cofounder and CEO Sam Bankman Fried has been extradited from Bahamas to the U.S, according to the media reports. He is currently in the FBI custody and is undergoing interrogation, media reports claimed. Sam Bankman and his colleagues have been accused of misusing FTX funds that eventually led to the spectacular collapse of FTX. Just weeks before FTX filed for bankruptcy it was valued at nearly $32Bn and was backed by the VC giants like SoftBank and Sequoia Capital. After Binance, FTX was considered to be one of the most sought after crypto exchanges in the world.

2)

Quora launches AI Chatbot Poe (inspired by CHATGPT)

Image Credits: Startupstories.in

Popular question and answer platform Quora has made a decisive move towards AI chatbot space. Quora’s AI chatbot feature is known as POE, which stands for “Platform for Open Exploration.”  POE will give an instant answer to people’s question and will have back and forth conversation with users. However, Quora’s POE will initially work only on IOS platform and operate as invite only feature. If the chatbot feature gets a good response during the beta testing phase then Quora might launch this feature as a full-fledge basis. The company is launching this platform at a time when there has been a considerable buzz over ChatGPT.

3)

Netflix Collaborates with Nike as it bets on Fitness Content

Netflix, which has been hit by declining subscriber numbers, is pulling out every string possible to maintain its subscriber growth numbers. Its latest bet is to stream fitness content and help people in staying hearty and healthy. The streaming giant has collaborated with sporting behemoth Nike for rolling out fitness content on its plaCEO tform. The fitness program has been officially titled as ‘Nike Training Club classes’ and will start streaming on the platform as early as next week. However, it is still not clear whether Netflix’s fitness streaming classes will be available in all markets or selected markets.

4)

Tesla set for another layoff amid stock turmoil

In all probability, 2023 won’t start on a good note for Tesla as media reports claim that the electric vehicle company is preparing for another round of layoffs. According to Electrek, Tesla may start laying off employees between January and March, 2023. The Elon Musk led company is also planning to completely freeze new hiring. These tough decisions have been forced upon Tesla as company’s stock prices have nosedived nearly 60% this year. The pressure on Tesla’s stock prices has also taken a hit on Musk’s personnel net worth. Musk is no longer the world’s richest man, having now dropped to second position and his number one position has been now taken by LVHM’s founder Bernard Arnault.

5)  

Elon Musk Confirms he will soon resign as Twitter CEO

Billionaire Elon Musk has finally confirmed through a tweet that he is stepping down as a Twitter CEO. Musk also added in his tweet that he “will find someone foolish enough to take the job” but maintained that he will continue to look after Twitter’s software and servers team. This is the first time that Musk has confirmed that he is resigning from Twitter’s CEO position, which many believe is a major cause of distraction for Musk who is also the CEO of energy vehicle company Tesla. Musk’s controversial takeover of Twitter led to a complete chaos – from mass layoff to advertisers suspending their advertisements on Twitter.

The post FTX’s Founder Sam Bankman Fried Extradited to the U.S. (Report Claims) appeared first on Platform to Showcase Innovative Startups and Tech News.

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