Inside Sam Bankman-Fried’s Multi-Billion Dollar FTX Fraud

Sam Bankman-Fried got into the world of cryptocurrency at the age of 25. (File) Former cryptocurrency billionaire Sam Bankman-Fried, 32, has been sentenced to 25 years in prison for his involvement in a major financial scam related to the collapse of the FTX crypto exchange. He was found guilty in …

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OpenAI courts Hollywood over plans for video generation model Sora

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has launched a charm offensive in Hollywood, holding meetings with major studios including Paramount, Universal and Warner Bros Discovery to showcase its video generation technology Sora and allay fears …

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On Good Friday, behold the man

NEWYou can now listen to Fox News articles! Throughout Jesus’ ministry on Earth, he told people he was the Son of God. He demonstrated it with his words and his actions. He forgave sins and healed disease. He taught with authority and drove out demons. And yet, many didn’t believe.  …

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Take Five: A shiny new quarter

LONDON (Reuters) – A tumultuous first quarter is coming to an end and the “buy everything” party is in full swing across markets, but the coming week has a few reality checks that even the most avid bulls may not be able to overlook. The strong dollar is giving major …

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Why family-friendly policies don’t boost birth rates

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Between 1980 and 2019, the world’s most developed countries roughly tripled their real-terms per capita spending on child benefits, subsided childcare, parental leave and other family-friendly policies. They also saw …

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