author

 
 

Meta

Jonathan Stempel
Former Binance CEO Changpeng "CZ" Zhao arrives at federal court in Seattle, Washington, on Tuesday. Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, was sentenced today to four months in prison after he pleaded guilty to violating laws against money laundering.
BUSINESS / Companies
May 1, 2024
Binance crypto founder Zhao sentenced to four months in prison
Once considered the most powerful crypto industry figure, Zhao, known as "CZ," is the second major crypto boss to be sentenced to prison.
The antitrust settlement against Visa and Mastercard is one of the largest in U.S. history.
BUSINESS / Companies
Mar 27, 2024
Visa and Mastercard settle for $30 billion over merchant credit card fees
The antitrust settlement is one of the largest in U.S. history, and would resolve most claims in nationwide litigation that began in 2005.
Warren Buffett (left), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend a shareholders meeting in Omaha, Nebraska, in May 2019. Munger died on Tuesday at the age of 99, according to U.S. media reports.
BUSINESS / Companies
Nov 29, 2023
After Munger's death, Berkshire Hathaway succession in focus
Berkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company would be prepared for his departure.
People stand next to a board promoting military service in Donetsk, Russian-controlled Ukraine, on Oct. 11. A Brooklyn man and a Montreal couple have been charged with attempting to smuggle tech to Russia to support the Kremlin's invasion of Ukraine.
WORLD / Crime & Legal
Nov 1, 2023
U.S. and Canadian defendants charged for tech exports to Russia
Some of the electronics were later recovered from helicopters, missiles, tanks and other Russian equipment seized in Ukraine.
Much of the focus on Meta stemmed from a whistleblower's release of documents in 2021 that showed the company knew Instagram, which began as a photo-sharing app, was addictive and worsened body image issues for some teen girls.
BUSINESS / Tech
Oct 25, 2023
Lawsuits against Meta in 33 states claim Instagram harms children
Children have long been an appealing demographic for businesses, which hope to attract them as consumers at ages when they may be more impressionable.
Former U.S. President and Republican presidential candidate Donald Trump, in Clinton Township, Michigan, on Wednesday
WORLD / Politics
Sep 29, 2023
Appeals court will not delay Trump civil fraud trial
Despite his legal woes, Trump holds a commanding lead for the 2024 Republican presidential nomination.
China Evergrande has sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies undergoing restructurings from creditors that hope to sue them or tie up assets in the United States.
BUSINESS / Companies
Aug 18, 2023
China Evergrande files for protection in U.S. bankruptcy court
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring.
Japan Times
BUSINESS / Tech
Jun 6, 2023
U.S. sues Binance and founder Zhao over 'web of deception'
The SEC alleges that, among other things, Binance artificially inflated its trading volumes, diverted customer funds and failed to restrict U.S. customers from its platform.
Japan Times
MORE SPORTS
Apr 22, 2022
NFL says Black coaches' discrimination claims should be thrown out
Fomer Miami Dolphins' head coach Brian Flores and two other coaches have accused the NFL and its 32 teams of discrimination in its hiring of coaches and senior management.
Japan Times
BUSINESS
Apr 13, 2022
Elon Musk sued by ex-Twitter shareholders over delay in disclosing stake
Former shareholders led by Marc Rasella said the delayed disclosure let Musk buy more Twitter shares at lower prices, while defrauding them into selling at 'artificially deflated' prices.

Longform

People wait for the main act to begin at Summer Sonic, which holds simultaneous music festivals for those in Tokyo and Osaka.
Can Japan's summer music festivals adapt to a post-pandemic reality?