Jack Ma to give up control of Chinese fintech giant Ant Group

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A new area of AI booms, even amid the tech gloom

The clamor around OpenAI shows that even in the most dismal tech downturn in a generation, Silicon Valley's deal-making machine is still kicking. After a humbling year that included mass layoffs and cuts, tech investors - a naturally optimistic bunch - can't wait to jump on a hot trend.

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US prosecutors launch website for Sam Bankman-Fried's alleged fraud victims

FTX could owe money to more than 1 million people, making it "impracticable" to contact each, the papers said.

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The best of ETtech Unwrapped in 2022

From a string of crypto catastrophes to Elon Musk’s acquisition of Twitter, the biggest rout in technology stocks and a funding winter, 2022 did not lack for drama. Grab a cuppa and sit back as we revisit the best explainers that ETtech Unwrapped delivered weekly to your inbox in a truly bonkers year for tech.

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Big tech layoffs may further disrupt equity and diversity efforts

Surging firings by technology companies last year are disproportionately affecting women and mid-career talent which may make it more difficult to improve diversity in one of the most sought-after industries, according to data from a research firm.

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Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit

The fallout from the collapse of crypto exchange FTX and criminal charges leveled against its founder Sam Bankman-Fried weighed heavily on the sector this week.

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Twitter hacked, 200 million user email addresses leaked, researcher says

Twitter has not commented on the report, which Gal first posted about on social media on Dec. 24, nor responded to inquiries about the breach since that date. It was not clear what action, if any, Twitter has taken to investigate or remediate the issue.

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