One of the executives of disgraced crypto firm FTX is set to be sentenced on Tuesday. Caroline Ellison, who ran sister company Alameda Research, will be sentenced for her role in the collapse of the crypto giant. She is facing several years in prison, however, she pleaded guilty to fraud charges and testified against FTX founder Sam Bankman-Fried. As a result, prosecutors are asking the judge for leniency.

Bytedance will be shutting down TikTok Music at the end of November, according to a note on its site. It's advising users to transfer their playlists to other streaming platforms.

Levi's (LEVI) is introducing a "New Chapter," hinting at a possible collaboration with Beyoncé. The superstar has a song called “Levii’s Jeans” on her album Cowboy Carter.

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This post was written by Stephanie Mikulich.