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[1/3] The prison where Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, is being held after his arrest is seen in Nassau, Bahamas December 14, 2022. REUTERS/Maria Alejandra Cardona/File PhotoDec 13 (Reuters) - Prisoners faced rodents and a lack of toilets in the Bahamas detention center where Sam Bankman-Fried will be held, according to a 2021 U.S. State Department report, though local authorities says conditions have since improved. The 30-year-old Bankman-Fried arrived at a Bahamas court on Tuesday for his first in-person public appearance since the spectacular collapse of cryptocurrency exchange he founded. Cleare said on Tuesday that prison conditions have greatly improved thanks to a renovation program that has built new cells. The Bahamas Department of Correctional Services did not immediately respond to a request for comment on the videos.

☆ 'Sort Of' is about a nonbinary millennial. Its star hopes to change how we see each other
▼ + stars: | 2022-12-11 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +9 min

Sabi, who is nonbinary, not only navigates love and dating in Toronto but also hopes to be understood by their Pakistani immigrant family. Baig spoke to CNN about what it means to feel seen and how “Sort Of” might help some viewers achieve that feeling. Wanting to feel seen is another thread that runs through the show. When we feel seen, when we feel understood, we feel a lot less lonely in the world. We work with writers and directors who are trans, nonbinary, South Asian, people of color.

☆ FTX remains focus of 'active' investigation, Bahamas attorney general says
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +3 min

Nov 27 (Reuters) - Collapsed cryptocurrency exchange FTX remains the subject of "an active and ongoing investigation" by Bahamian authorities, Bahamian Attorney General Ryan Pinder said on Sunday, as he praised the Bahamas' regulatory regime and swiftness with which it responded to the crisis. FTX, which had been among the world's largest cryptocurrency exchanges, is headquartered in the Bahamas. In mid-November, the Royal Bahamas Police said that government investigators in the Bahamas were looking at whether any "criminal misconduct occurred." read more"We are in the early stages of an active and ongoing investigation," Pinder said on Sunday, according to prepared remarks for the speech. Bahamas securities regulators had revoked FTX Digital's license and began involuntary liquidation proceedings the day before the U.S. bankruptcy case kicked off.

☆ Here's the six-word outlook for stocks in 2023: going to hell in a handbasket
▼ + stars: | 2022-11-20 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

We knew that the stock market had formed a bubble and that it was going to pop as interest rates went up. That, in turn, pushed the stock market off a cliff so steep that we still cannot see the bottom. This all goes back to the Fed's move to keep interest rates at 0% after the 2008 financial crisis. Since interest rates were so low, companies that didn't make money could just borrow to keep the lights on. In 2018, Wall Street got a preview of how ugly this bubble would look once it popped in earnest.

Nov 16 (Reuters) - Crypto lender Genesis Global Capital suspended customer redemptions on Wednesday, citing the sudden failure of crypto exchange FTX, while court papers showed FTX founder Sam Bankman-Fried faces legal action. After a flurry of tweets and interviews by Bankman-Fried, FTX said he "has no ongoing role" at the company and does not speak on its behalf. LEGAL ACTIONMeanwhile, U.S. court filings showed Bankman-Fried is facing legal action in the United States from investors alleging the company's yield-bearing crypto accounts violated Florida law. U.S. and Bahamian authorities were discussing the possibility of bringing Bankman-Fried to the United States for questioning, Bloomberg reported on Tuesday. Elsewhere, crypto exchange Binance said it had not contributed to FTX's collapse, in a response to a hearing on the crypto industry by a British parliamentary committee.

Nov 16 (Reuters) - Crypto lender Genesis Global Capital suspended redemptions on Wednesday citing the failure of crypto exchange FTX, while court papers showed FTX founder Sam Bankman-Fried faces legal action, as its sudden collapse ripples across the industry. LEGAL ACTIONMeanwhile, U.S. court filings showed Bankman-Fried is facing legal action in the United States from investors alleging the company's yield-bearing crypto accounts violated Florida law. Bloomberg on Tuesday also reported that U.S. and Bahamian authorities were discussing the possibility of bringing Bankman-Fried to the United States for questioning. Elsewhere, crypto exchange Binance, in a response to a hearing on the crypto industry by a British parliamentary committee on Monday, said it had not contributed to FTX's collapse. The U.S. House Financial Services Committee said Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX.

☆ Boks shuffle pack ahead of Italy test as Wiese returns
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

Nov 15 (Reuters) - South Africa coach Jacques Nienaber has made several changes to his pack with the return of number eight Jasper Wiese and a new lock pairing for the autumn international test against Italy in Genoa on Saturday. He replaces Kwagga Smith, while Salmaan Moerat and Marvin Orie make up the second row with Eben Etzebeth rested on the bench and Franco Mostert moving to flank in place of Pieter-Steph du Toit. "It’s also good to have Jasper back against the physical Italian pack, and we know that Kwagga will spark something different when he takes the field. "Evan (Roos) also gets a chance off the bench and his skills will work well with Kwagga’s in the loose trio." Italy have had some past joy against the Springboks, beating them for the first time 20-18 in Florence six years ago.

☆ FTX collapse being scrutinized by Bahamas authorities
▼ + stars: | 2022-11-13 | by ( Jasper Ward | ) www.reuters.com time to read: +4 min

[1/3] The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco BelloNASSAU, Bahamas, Nov 13 (Reuters) - The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking at whether any "criminal misconduct occurred," the Royal Bahamas Police said on Sunday. Bankman-Fried had transferred $10 billion of customer funds to his trading company, Alameda Research, the sources said. Blockchain analytics firm Nansen said on Saturday it saw $659 million in outflows from FTX International and FTX U.S. in the preceding 24 hours. In its bankruptcy petition, FTX Trading said it has $10 billion to $50 billion in assets, $10 billion to $50 billion in liabilities, and more than 100,000 creditors.

☆ FTX collapse being scrutinized by Bahamas investigators
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +2 min

[1/3] The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco BelloNov 13 (Reuters) - The collapse of FTX is the subject of scrutiny from investigators in the Bahamas, who are looking at whether any "criminal misconduct occurred," the Royal Bahamas Police said on Sunday. In a statement on Sunday, the Royal Bahamas Police said: "In light of the collapse of FTX globally and the provisional liquidation of FTX Digital Markets Ltd., a team of financial investigators from the Financial Crimes Investigation Branch are working closely with the Bahamas Securities Commission to investigate if any criminal misconduct occurred." When asked by Reuters on Saturday whether he had flown to Argentina, he responded in a text message: "Nope". Reporting by Jasper Wade in the Bahamas; Writing by Megan Davies in New York; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

He is seeking the remainder from other funds, including current investors in FTX such as venture capital fund Sequoia Capital, the source added. Tether's chief technology officer, Paolo Ardoino, tweeted that it had "no plans to invest in or lend assets to FTX." FTX also got hit by the Bahamas Securities Commission, where the company is based, freezing assets of FTX Digital Markets "and related parties". In a tweet, FTX said it had reached a deal with Tron to establish a special facility that would allow clients to swap some crypto assets from FTX to external wallets. Bankman-Fried told investors that Alameda owes FTX about $10 billion, the Wall Street Journal reported.

☆ FTX to start U.S. bankruptcy proceedings, CEO to exit
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +4 min

LONDON, Nov 11 (Reuters) - Crypto exchange FTX is to start U.S. bankruptcy proceedings and CEO Sam Bankman-Fried is to step down, after a liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse after a wave of withdrawals. "I'm really sorry, again, that we ended up here," said FTX founder Bankman-Fried, in a series of tweets after the commencement of the bankruptcy filing. FTX is under investigation by the U.S. Securities and Exchange Commission, Justice Department, and Commodity Futures Trading Commission, according to a source familiar with the investigations. Cyprus's Securities and Exchange Commission has asked FTX EU to suspend its operations on Nov. 9, the regulator said on Friday.

☆ Hurricane Nicole barrels into Florida's Atlantic coast
▼ + stars: | 2022-11-10 | by ( Brian Ellsworth | ) www.reuters.com time to read: +4 min

Nicole was upgraded from a tropical storm to a Category 1 hurricane as it thrashed the Bahamas on Wednesday. It was packing sustained winds of up to 75 mph (120 kph) as it made landfall along the east coast of Florida north of Miami, according to the National Hurricane Center. read moreThe hurricane center also issued storm-surge advisories for much of Florida's Atlantic coast, warning that wind-driven waves would wash over beaches and rush inland to flood low-lying areas well beyond the shore. Nicole is expected to pack less punch at landfall than Ian, which struck Florida as a major Category 4 storm. 'LAST OPPORTUNITY'[1/5] A car drives by a flooded street ahead of the expected arrival of Hurricane Nicole, in Daytona Beach, Florida, U.S., November 9, 2022.

☆ Hurricane Nicole bears down on Florida's Atlantic coast
▼ + stars: | 2022-11-10 | by ( Brian Ellsworth | ) www.reuters.com time to read: +4 min

[1/5] A car drives by a flooded street ahead of the expected arrival of Hurricane Nicole, in Daytona Beach, Florida, U.S., November 9, 2022. REUTERS/Marco BelloMIAMI, Nov 10 (Reuters) - Hurricane Nicole closed in on Florida's Atlantic shoreline early on Thursday with a brew of heavy downpours, fierce winds and a treacherous surge of ocean surf that threatened coastal areas still reeling from the last major storm six weeks ago. Nicole is expected to pack less punch at landfall than Ian, which struck Florida as a major Category 4 storm. Authorities warned, however, that Nicole still posed a formidable threat, especially to structures and coastal foundations weakened by Ian. "We have had a lot of flooding within the last couple of storms," Leanne Hansard, 53, a Daytona Beach resident, said as she was boarding up windows to her family's insurance office.

☆ Paul Allen’s Art Collection Sets Record With $1.5 Billion Sale
▼ + stars: | 2022-11-09 | by ( Kelly Crow | ) www.wsj.com time to read: 1 min

Microsoft co-founder Paul Allen ’s estate made auction history on Wednesday when a group of 60 artworks from his estate sold for $1.5 billion, smashing the record for priciest collection ever sold at auction. Lush landscapes and rare examples by artists like Paul Cézanne, Georges Seurat, Sandro Botticelli and Jasper Johns anchored a sale at Christie’s in New York that reaffirmed the depth of the trophy-hunting art market at a time of broader economic uncertainty.

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

Nicole, newly classified as a hurricane, was packing sustained winds of up 75 miles per hour (120 km per hour) as it made landfall on Grand Bahama Island, the Miami-based National Hurricane Center reported. Grand Bahama, Bimini and the Berry Islands in the northwest corner of the island nation remained under a hurricane warning. As the storm closed in earlier in the day, some Bahamas residents fled their homes amid fierce winds and flooding. Storm surge caused widespread devastation to Florida's Gulf Coast when the last major storm, Hurricane Ian, crashed ashore there on Sept. 28, causing an estimated $60 billion in damage and claiming more than 140 lives. Several counties along the Florida coast issued mandatory orders and voluntary evacuation advisories for homes near the shore and on barrier islands.

By the end of Election Day, approximately 21,000 total interviews will be conducted. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

☆ Storm Nicole churns toward Bahamas en route to Florida and hurricane status
▼ + stars: | 2022-11-08 | by ( Brian Ellsworth | ) www.reuters.com time to read: +4 min

[1/2] Beachgoers are shown as tropical storm Nicole approaches the state in Miami Beach, Florida, U.S., November 8, 2022. A hurricane warning was posted for Grand Bahama Island, Bimini, the Berry Islands and the Abacos in the northwestern corner of the West Indies archipelago nation, the Miami-based National Hurricane Center (NHC) said. A 240-mile expanse of Florida's Atlantic shoreline from Boca Raton north to around Flagler Beach was likewise placed under a hurricane warning. "It's going to take more than a Category 1 hurricane or so to really move stuff and have them flying around." Forecasters said Nicole would likely sweep across central and northern Florida into southern Georgia on Thursday.

☆ A 'magic' new AI tech has become the hottest thing in Silicon Valley, VCs said. Here's why everyone's watching 'generative artificial intelligence.'
▼ + stars: | 2022-11-01 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +6 min

The field of generative AI, or AI that can create content, has recently exploded in popularity. Generative AI's rise to popularitySimply put, generative AI refers to artificial intelligence that can create content. Tech advancements over the past few years — specifically transformer and diffusion models — have made generative AI possible. AI models refer to the training and deployment of algorithms on a dataset. "I don't see generative AI today through its early use cases demanding any of those budgets quite yet."

☆ Customers sue California marijuana company for false advertising. The plaintiffs say the weed wasn't strong enough.
▼ + stars: | 2022-10-29 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Two customers are suing a California marijuana company for false advertising. The class action lawsuit claims a range of prerolled joints had lower THC content than was advertised. The lawsuit refers to a Weed Week report, which accuses the company of inflating the THC content by up to 19%. In the complaint against the marijuana company, it is alleged that the plaintiffs bought "Jeeter" prerolled joints which had a true THC content lower than was advertised. "As a leader in our industry, we challenge any person and institution to demonstrate where we have been out of compliance in representing our THC content."

☆ Tesla faces U.S. criminal probe over self-driving car claims, sources say
▼ + stars: | 2022-10-26 | by ( ) www.nbcnews.com time to read: +6 min

Such warnings could complicate any case the Justice Department might wish to bring, the sources said. A Justice Department spokesperson declined to comment. As part of the latest probe, Justice Department prosecutors in Washington and San Francisco are examining whether Tesla misled consumers, investors and regulators by making unsupported claims about its driver assistance technology’s capabilities, the sources said. The Justice Department’s Autopilot probe is far from recommending any action partly because it is competing with two other DOJ investigations involving Tesla, one of the sources said. The Justice Department may also face challenges in building its case, said the sources, because of Tesla’s warnings about overreliance on Autopilot.

☆ Generative AI Startups Attract Business Customers, Investor Funding
▼ + stars: | 2022-10-25 | by ( Angus Loten | ) www.wsj.com time to read: +5 min

Based on keyword prompts, generative AI platforms can then mimic these sources to produce fanciful stories and pictures of their own. Other generative AI startups offering enterprise applications include Replikr, a New Zealand startup that uses generative AI to create customer-service avatars, and Dutch startup Musico Ltd., which can be used to create original copyright-free advertising jingles. GoCharlie.AI, an early-stage startup based in San Francisco, in May launched a generative AI marketing assistant designed to create promotional social-media posts. By promising to save workers hours of productive time creating promotional materials, the commercial value proposition around generative AI has always been clear, he said. Rowan Curran, an AI and data science analyst at IT research firm Forrester Research Inc., said he expects generative AI to impact enterprises from top to bottom.

☆ A Michigan family of 4 has been missing for 4 days in ‘abnormal’ disappearance, police say
▼ + stars: | 2022-10-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Phil-Helsel-Circle-Byline-Template.Jpg | Phil Helsel | ) www.nbcnews.com time to read: +2 min

A Michigan family of four hasn’t been seen or heard from for days after the father called 911 and exhibited paranoid behavior, police said. But he told NBC affiliate WOOD of Grand Rapids that everyone who knows the family is shocked by the disappearance. Missing Cirigliano family members, from top left, Suzette, Anthony, bottom left, Noah and Brandon. The officers made sure everyone was safe and OK, spending about an hour with Anthony Cirigliano, and also talked to Suzette, Rodwell told WOOD. The family has lived there for four years, Rodwell told the station.

☆ Dutch name preliminary World Cup squad list
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 21 (Reuters) - Netherlands coach Louis van Gaal on Friday sprung some surprises as he named a 39-man preliminary squad for the World Cup in Qatar next month. Mitchel Bakker, Xavi Simons and Micky van de Ven were named for the first time while uncapped Sven Botman, Jeremie Frimpong and Pascal Struijk, who have received previous call-ups, were also included in a list dominated by nine players from Dutch champions Ajax Amsterdam. All World Cup-bound teams are required to select between 35 and 55 players in a preliminary list by Friday and it is from this list that they must make the final selection of 26 by 1800 GMT on Nov. 14. Register now for FREE unlimited access to Reuters.com RegisterThe Dutch compete at the World Cup in Group A and start the tournament on Nov. 21 with a match against Senegal, followed by Ecuador and Qatar in the first round. Register now for FREE unlimited access to Reuters.com RegisterWriting by Mark Gleeson in Cape TownOur Standards: The Thomson Reuters Trust Principles.

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