February 02, 2024
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX...
Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. The hack took place in November...
February 01, 2024
SiriusXM Sees Revenue per Subscriber Decline as Mix Shifts to...
The rise in demand for music streaming comes with its drawbacks for broadcasting companies that are used to offering a more diversified suite of listening options, as SiriusXM noted, following...
January 31, 2024
FTX Drops Plans to Resurrect Fallen Crypto Exchange
FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of...
January 28, 2024
FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers’ accounts have been in limbo since the cryptocurrency exchange collapsed in November 2022....
January 28, 2024
JetBlue Casts Doubt on $3.8 Billion Merger with Spirit Airlines...
JetBlue Airways has thrown the future of its $3.8 billion merger deal with Spirit Airlines into uncertainty by suggesting it may not be able to meet certain conditions required as...
January 22, 2024
Audacy Looks to Streaming Post-Bankruptcy as Audio Media Becomes Subscription-Based
With consumers increasingly getting their audio broadcasting from subscription platforms, Audacy is looking to streaming in its bankruptcy recovery. As Inside Radio reported Monday (Jan. 22), the internet radio and podcast...
January 22, 2024
Terraform Labs Files for Bankruptcy
Terraform Labs, whose collapse triggered a wider cryptocurrency market earthquake, has filed for bankruptcy. The Singapore-based digital asset company filed for Chapter 11 in Delaware Sunday (Jan. 21), listing assets and liabilities...
January 21, 2024
Illinois Supreme Court Strikes Down Broad Interpretation of Antitrust Law...
The Illinois Supreme Court has invalidated an expansive interpretation of state antitrust law, preventing employers from potentially colluding to manipulate worker wages. The decision, delivered on Friday, addresses concerns that...
January 19, 2024
Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse
A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX. The court agreed with a government watchdog’s argument that appointing an independent bankruptcy examiner was...