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Connor Hughes

1389 Posts
Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange who was convicted of stealing billions of dollars from customers, was sentenced to 25 years in prison on Thursday, capping an extraordinary saga that upended the crypto industry and became a cautionary tale of greed and hubris.Mr. Bankman-Fried’s sentence was shorter than the 40 to 50 years that federal prosecutors had sought after a jury found him guilty of fraud, conspiracy and money laundering — charges that carried a maximum penalty of 110 years behind bars. But the punishment was far above the six and a half years requested by his…
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‘Every Day Is Hard’: One Year Since Russia Jailed Evan Gershkovich

‘Every Day Is Hard’: One Year Since Russia Jailed Evan Gershkovich

One year ago on Friday, Ella Milman and Mikhail Gershkovich received a chilling phone call from the managing editor of The Wall Street Journal. Their son, Evan, a foreign correspondent for The Journal who was on a reporting assignment in Russia, had missed his daily security check-in.“We were hoping this was some kind of error, that everything is going to be fine,” the older Mr. Gershkovich recalled. But the stunning reality became clear: The Russian authorities had detained Evan and accused him of spying for the American government, making him the first American reporter to be held on espionage charges…
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Israel Deploys Expansive Facial Recognition Program in Gaza

Israel Deploys Expansive Facial Recognition Program in Gaza

Within minutes of walking through an Israeli military checkpoint along Gaza’s central highway on Nov. 19, the Palestinian poet Mosab Abu Toha was asked to step out of the crowd. He put down his 3-year-old son, whom he was carrying, and sat in front of a military jeep.Half an hour later, Mr. Abu Toha heard his name called. Then he was blindfolded and led away for interrogation.“I had no idea what was happening or how they could suddenly know my full legal name,” said the 31-year-old, who added that he had no ties to the militant group Hamas and had…
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Happy-Go-Lucky Australia Is Feeling Neither Happy, Nor Lucky

Happy-Go-Lucky Australia Is Feeling Neither Happy, Nor Lucky

For nearly three decades, Australia seemed to have a sort of get-out-of-jail card that allowed it to glide through the dot-com bust and the global financial crisis without a recession, while its citizens mostly enjoyed high wages, affordable housing and golden prospects.When a recession did arrive, in 2020, it was because of the Covid-19 pandemic.But four years later, Australia has been unable to shake off some of the headwinds, including a high cost of living — the price of bread has risen 24 percent since 2021 — a choppy labor market and rising inequality. While these and similar issues are…
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X’s Lawsuit Against Anti-Hate Research Group Is Dismissed

X’s Lawsuit Against Anti-Hate Research Group Is Dismissed

A federal judge in California on Monday dismissed X’s lawsuit against a nonprofit organization that studies hate speech online, ruling that the social media company’s case was designed to punish researchers for speaking freely about the social media platform, formerly known as Twitter.X sued the Center for Countering Digital Hate in July in U.S. District Court for the Northern District of California after the organization published several articles that claimed its researchers had discovered a rise in hate speech on the platform following Elon Musk’s takeover. X said that the group’s research was harming its business by scaring away advertisers,…
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Inside Amira Yahyaoui’s Claims about Mos, a Student Aid Start-Up

Inside Amira Yahyaoui’s Claims about Mos, a Student Aid Start-Up

As a Tunisian human rights activist in the 2000s, Amira Yahyaoui staged protests and blogged about government corruption. In interviews, she described being beaten by the police. When she was 18, she said, she was kidnapped from the street, dropped off at the Algerian border and placed in exile for several years.Ms. Yahyaoui’s compelling background helped her stand out among entrepreneurs when she moved in 2018 to San Francisco, where she founded a student aid start-up called Mos. The app hit the top of Apple’s App Store and Ms. Yahyaoui raised $56 million from high-profile investors, including Sequoia Capital, John…
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With TikTok Under Fire, Brands That Rely on It Worry

With TikTok Under Fire, Brands That Rely on It Worry

Amid debate in Washington over whether TikTok should be banned if its Chinese owner doesn’t sell it, one group is watching with particular interest: the many brands — particularly in the beauty, skin care, fashion, and health and wellness industries — that have used the video app to boost their sales.Youthforia, a makeup brand with more than 185,000 followers on TikTok, is thinking about moving more marketing to other platforms, like YouTube and Instagram. Underlining, which makes the popular brand Nailboo, planned to use TikTok to launch a product with a major retailer in August and is now wondering if…
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The Trustbuster Who Has Apple and Google in His Sights

The Trustbuster Who Has Apple and Google in His Sights

Shortly after Jonathan Kanter took over the Justice Department’s antitrust division in November 2021, the agency secured an additional $50 million to investigate monopolies, bust criminal cartels and block mergers.To celebrate, Mr. Kanter bought a prop of a giant check, placed it outside his office and wrote on the check’s memo line: “Break ’Em Up.”Mr. Kanter, 50, has pushed that philosophy ever since, becoming a lead architect of the most significant effort in decades to fight the concentration of power in corporate America. On Thursday, he took his biggest swing when the Justice Department filed an antitrust lawsuit against Apple.…
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Real estate project on the beaches of Panama for investors of Bulgaria

Real estate project on the beaches of Panama for investors of Bulgaria

Located in Panama, Playa Caracol Residences is a real estate project that goes beyond expectations, offering investors from Bulgaria a unique beachfront experience. With extensive and captivating views of the majestic Cerro Chame and more than a kilometer of uninterrupted beach, this project presents itself as a true paradise where every detail creates an environment of incomparable beauty and serenity on the beaches of Panama. Playa Caracol: a real estate project in Panama The architectural design of Playa Caracol stands out for its originality, modernity and harmonious integration of local elements. Each property is a masterpiece that captures the essence…
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Justice Dept. Sues Apple, Smartphones and Children with Jonathan Haidt and Reddit’s I.P.O.

Justice Dept. Sues Apple, Smartphones and Children with Jonathan Haidt and Reddit’s I.P.O.

Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTubeThis week, the U.S. Department of Justice sued Apple, saying the company holds a monopoly over the smartphone market. We break down the lawsuit and ask whether it will be a major turning point in Apple’s dominance. Then, Jonathan Haidt, a social psychologist, argues that smartphones and social media are the cause of widespread increases in mental health issues among young people. He tells us his four potential solutions to the problem. And finally, Reddit’s market capitalization hit $9.2 billion when it debuted on the New York Stock Exchange…
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