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Crypto firm Wintermute hit by $160 million theft

CNN By Jennifer Korn, CNN Business Hackers have stolen around $160 million worth of cryptocurrency from crypto market maker Wintermute, the company said Tuesday. The incident marks the latest in a growing list of large crypto thefts this year. The hack is said to have targeted Wintermute’s decentralized finance (DeFi) operations, according to a series

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Twitter to depose Elon Musk next week

CNN, CNN BUSINESS By Brian Fung and Clare Duffy, CNN Business Twitter’s lawyers are set to question Elon Musk in a deposition that could last up to three day starting Sept. 26 as part of ongoing litigation over their $44 billion acquisition deal, according to a court filing Tuesday. The company’s lawyers will also depose

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Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says

CNN By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant to conclude that “substantial” numbers of accounts on the social media service were fake, according to former Disney CEO Bob Iger. The revelation prompted Disney to lower its estimated value for Twitter,

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Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says

CNN, CNN BUSINESS By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant to conclude that “substantial” numbers of accounts on the social media service were fake, according to former Disney CEO Bob Iger. The revelation prompted Disney to lower its estimated value

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Twitter is finally testing an edit button

CNN, CNN BUSINESS By Clare Duffy, CNN Business After years of users clamoring for such a feature, Twitter is finally testing edited tweets. Twitter said in — where else? — a tweet Thursday morning that some users may start seeing edited tweets in their feed because it is testing the long-awaited edit button. “This is

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