FTX founder Sam Bankman-Fried (SBF) received the highest score in The Guardian’s list of the worst technology-company chiefs for 2022.<\/p>\n
The publication gave SBF 10 out of 10 for the FTX collapse. Earlier, the U.S. prosecutors brought eight criminal charges against him, and lawsuits were also filed by SEC<\/span><\/a> and CFTC<\/span><\/a>.<\/p>\n On December 23, Bankman-Fried was released<\/a> on bail of $250 million. The agreement did not require actual posting of funds, and his release was secured by his parent company in California.<\/p>\n Elizabeth Holmes, founder of Theranos, received the same score. On November 18, she was sentenced<\/a> to 11 years in prison for fraud and deceiving investors.<\/p>\n Elon Musk was also on the list \u2014 the paper awarded him 7 out of 10 points. On October 28, the billionaire completed<\/a> the $44 billion Twitter acquisition. Later he fired<\/a> the social network’s team working on ethical AI and introduced a new content-moderation policy, which drew discontent from users.<\/p>\n In December, Ethereum co-founder Vitalik Buterin criticized<\/a> Musk for a ‘path to authoritarianism’ at Twitter. The company’s new CEO held a poll on whether he should step down and pledged to follow the results. Of 15.5 million users, 57.3% wished for his resignation.<\/p>\n Former Twitter CEO Parag Agrawal also made The Guardian’s list. He had to leave the company after it was acquired by Musk.<\/p>\n Another figure on the list was Mark Zuckerberg. They noted<\/a> Meta’s interest in the metaverse and the February stumble \u2014 after the publication of the fourth-quarter report the corporation lost almost 25% of its market capitalisation<\/a>.<\/p>\n In November, Meta announced the layoff of 11,000 employees (13% of the workforce) as part of a restructuring. At that time the company for the first time in its 18-year history reported a decline in Facebook’s unique users.<\/p>\n Earlier it emerged that in July\u2013September the loss of Meta’s metaverse-focused Reality Labs division amounted to $3.7 billion.<\/p>\n The founder of Amazon Jeff Bezos received 4 out of 10 from the publication. In November, The New York Times sources reported plans to cut 10,000 jobs<\/a>.<\/p>\n