Tag Archives: CEO

The value of each of the two largest cryptocurrencies — bitcoin (BTC-USD) and ethereum (ETH-USD) — fell earlier this week amid an outright ban on cryptocurrency trading in China and indication of forthcoming regulations from the U.S. Securities Exchange Commission.  In general, ethereum prices tend to move in tandem with bitcoin. But the two coins are used for very different purposes that should be taken into account by investors, says Michael Sonnenshein, CEO of Grayscale Investments,… Source link

Developing economies are once again leapfrogging prior waves of technological innovation with the help of cryptocurrency. Much like the way consumers in India and Indonesia a decade ago skipped landlines for cellphones, institutions in Africa are embracing the advancements in crypto over alternatives offered by the traditional plumbing of the global financial system. As Elizabeth Rossiello, founder of the Africa-focused fintech platform AZA Finance, described at Yahoo Finance’s All Markets… Source link

This deal actually closed a very long time ago, back near the dawn of time. (Two years ago, to be more precise, long before COVID-19 had entered the general lexicon and face masks were a political talking point.) But although long suspected, it’s taken until now to finally confirm that the mystery Silicon Valley buyer who paid $10.1 million for a mansion in La Quinta’s celebrity-infested Madison Club was Apple chieftain Tim Cook. Back in March 2020, astute news mavens may recall, Cook and… Source link

Sept 24 (Reuters) – Google Chief Executive Sundar Pichai in 2019 was warned that describing the company’s Incognito browsing mode as “private” was problematic, yet it stayed the course because he did not want the feature “under the spotlight,” according to a new court filing. Google spokesman José Castañeda told Reuters that the filing “mischaracterizes emails referencing unrelated second and third-hand accounts.” The Alphabet Inc (GOOGL.O) unit’s privacy disclosures have generated… Source link

Former Defense Secretary Jim Mattis testified on Wednesday in the fraud trial of entrepreneur Elizabeth Holmes, saying that he had been given a false impression about the capability of the blood testing product put forward by her now-defunct company Theranos. The testimony from Mattis, who sat on the board of the company for three years, is a central part of the prosecution’s case characterizing the fallen Silicon Valley star as a savvy operator who misled investors. Regardless of the trial’s… Source link

Carmine’s, the iconic Italian restaurant in the heart of New York City’s Times Square is back open for business. The bustling neighborhood mainstay timed its re-opening for the day Broadway theaters drew back their curtains for the first time in more than 18 months as a result of the coronavirus pandemic.  And hungry diners packed the house — the restaurant’s 480 seats were completely booked. “There’s been a little bit of a backlog of people who want to come out and celebrate at… Source link

Earlier this month, social media was set abuzz by DoorDash (DASH) drivers in California protesting outside the home of CEO Tony Xu, in an effort to push for more transparency around tips and higher wages. Roughly 50 delivery app drivers, part of the advocacy groups We Drive Progress and Gig Workers Rising, traveled caravan style to the front of Xu’s house in the Pacific Heights neighborhood of San Francisco.  The incident underscored the widening gap between wealthy Silicon Valley startup… Source link

Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images As a part of a recent reorganization within Google Cloud, CEO Thomas Kurian sidelined multiple tenured company veterans — one way he’s is living up to the company’s big expectations when it hired him two years ago. CNBC reported Wednesday that Kurian, in a recent email to staff, announced a broad reorganization within Google… Source link

With climate change pushing companies to evaluate their sustainability practices, one startup wants to help food-service operators make washing dishes more environmentally friendly — by using robots and artificial intelligence (AI). “When you automate, you can create much better efficiencies,” Linda Pouliot, CEO and co-founder of Dishcraft, told Yahoo Finance (video above). “We use only a quarter of the water and a tenth of the power that a traditional dish room would use. And so,… Source link

SpaceX launched the first all-civilian crew into orbit on Wednesday evening. The liftoff at 8:02 p.m. from Kennedy Space Center in Florida is a major step towards the future of commercial space travel.  “Few have come before, and many are about to follow,” said billionaire Jared Isaacman from inside the spacecraft. The 38-year-old founder and CEO of Shift4 Payments (FOUR) funded the mission called Inspiration4. The voyage benefits St Jude’s Hospital.  None of the four crew members on board… Source link