FTX s lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, even as the company teetered on the brink of collapse. Bankman and Fried also pushed FTX to make tens of millions of dollars in charitable contributions, including to Stanford University, FTX said.
Instacart s market capitalization, including all outstanding shares, totaled $13.9 billion. But even with the stock price pop, the company s valuation remained a far cry from the $39 billion that investors assigned it in the private market in 2021.
Rajesh Nambiar, the newly-appointed chairperson of IT industry body Nasscom, said a strong deal pipeline in the fiscal first quarter and increasing investments to leverage Generative Artificial Intelligence (GenAI) are positive signs.
The government is responding to Australian Institute of Criminology s research published last year that found three-in-four users of dating apps or websites had experienced some form of sexual violence through these platforms in the five years through 2021.