Jonathan Stempel
Stories by Jonathan Stempel
NY Times sues OpenAI, Microsoft alleging copyright infringement
The Times said it is the first major US media organisation to sue OpenAI.
Binance sees $956m in outflows after Zhao steps down to settle US probe
Zhao has been replaced by Richard Teng, a senior Binance executive who joined in 2021.
China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
An affiliate, Tianji Holdings, also sought Chapter 15 protection.
FTX sues Bankman-Fried, others to recoup more than $1b
FTX said the defendants continually misappropriated funds to finance luxury condominiums, political contributions.
US extends crackdown on crypto with lawsuit against Coinbase
The lawsuits could successfully assert the SEC's jurisdiction over the industry.
US regulators sue Binance and founder Zhao over ‘web of deception’
The SEC alleged that Binance artificially inflated its trading volumes.
Former Goldman banker must forfeit $35.1m in 1MDB corruption case
The US Judge said the forfeiture was not constitutionally excessive.
In rare tech buy, Berkshire snaps up $4b TSMC stock
The firm says it owns about 60m American depositary shares of the world's largest contract chipmaker.
Buffett’s Berkshire trims stake in Chinese carmaker BYD
Buffett's company acquired 225 million BYD shares in 2008, giving it a 7.73% stake.
Uber admits covering up 2016 hacking, avoids prosecution in US settlement
Uber waited about a year to report the breach, after installing new executive leadership.
