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From Elon Musk to Sam Bankman-Fried, a bad week for market geniuses, but was it their fault?

From Elon Musk to Sam Bankman-Fried, a bad week for market geniuses, but was it their fault?

From the bankruptcy of FTX and the downfall of crypto “rock star” Sam Bankman-Fried to the mayhem on Twitter, it hasn’t been a good week for the geniuses of capitalism. Elon Musk’s abrupt and in some cases already reversed decisions since taking over the social media company confirm his claim that his tenure so far …

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Facebook parent company Meta to lay off 11,000 employees |  CNN Business

Facebook parent company Meta to lay off 11,000 employees | CNN Business

New York CNN Business — Facebook parent company Meta announced on Wednesday that it was laying off 11,000 employees, marking the largest job cuts in the tech giant’s history. The job cuts come as Meta faces a series of challenges to its core business and makes an uncertain and costly bet on pivoting to the …

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