Tag Archives: CEO

Daniel Alegre, chief operating officer and president of video game giant Activision Blizzard, will join NFT leader Yuga Labs as its new CEO, according to a blog post. Effective sometime in the first half of 2023, Alegre will replace the company’s current CEO Nicole Muniz, who will stay on as a partner and strategic advisor to the company. “Daniel has held one of the highest level roles at one of the largest gaming companies in the world,” Wylie Aronow, Yuga Labs co-founder, said in a… Source link

Google’s annual Google for India event has kicked off with company executives announcing various new products, projects and developments. CEO Sundar Pichai should soon take to stage to announce the company’s plans for the country. Google might also announce new India-centric features on Android and Google Play Store to encourage more users to get on board with the various Google services. The 8th edition of Google for India 2022 started at 12:00 PM IST and is being live-streamed on… Source link

Several House Democrats asked Google’s CEO on Friday for explanations about recent allegations that the search engine has profited from “greenwashing” ads placed by major oil companies. A November report from The Center for Countering Digital Hate accused Google of enabling oil companies’ greenwashing efforts — or their attempts to appear more sustainable and environmentally friendly than they actually are. Several major oil companies — including BP, ExxonMobil,… Source link

The U.S. Department of Energy announced a breakthrough in nuclear fusion on Tuesday that puts the world one step closer to harnessing an abundant energy source free from carbon emissions and long-lived radioactive waste. U.S. Energy Secretary Jennifer Granholm confirmed that scientists achieved a reaction that created more energy than was used — known as a net energy gain — at the federally-funded Lawrence Livermore National Laboratory in California. “Last week at the Lawrence Livermore… Source link

The U.S. Department of Energy announced a breakthrough in nuclear fusion on Tuesday that puts the world one step closer to harnessing an abundant energy source free from carbon emissions and long-lived radioactive waste. U.S. Energy Secretary Jennifer Granholm confirmed that scientists achieved a reaction that created more energy than was used — known as a net energy gain — at the federally-funded Lawrence Livermore National Laboratory in California. “Last week at the Lawrence Livermore… Source link

By Jasper Ward, Luc Cohen and Angus Berwick (Reuters) -FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before he was due to testify before Congress about the abrupt failure last month of one of the world’s largest cryptocurrency exchanges. The arrest marks a stunning fall from grace for the 30-year-old entrepreneur who rode a boom in bitcoin and other digital assets to become a billionaire many times over until FTX’s rapid… Source link

Ahead of Tuesday’s U.S. House Financial Services Committee hearing on FTX, John Jay Ray III, FTX’s new CEO since bankruptcy, filed written testimony which outlines several “unacceptable management practices,” the new CEO uncovered at the bankrupt crypto exchange. Ray said in prepared remarks FTX’s demise was due to “the absolute concentration of control in the hands of a very small group of grossly inexperienced and unsophisticated individuals.” Additionally, Ray, who led the liquidation of… Source link

Elon Musk has been running Twitter since being forced to go through with his purchase of the social-media company in October. But Musk’s current post is not a permanent position, with the billionaire saying last month he intends to find someone else to run Twitter. And noted Elon Musk booster Cathie Wood has a potential candidate: ex-Twitter chairman Bret Taylor, who stepped down last week as co-CEO of Salesforce. Taylor “certainly understands” Twitter, Wood, the CEO and chief investment… Source link

Goldman Sachs (GS) CEO David Solomon expects the stock market’s slide to continue in 2023 and thinks the odds of a recession hitting the U.S. economy are about 2-out-of-3. Speaking at the Wall Street Journal’s CEO Council Summit on Tuesday, Solomon said he expects stocks will be lower, along with oil and real estate (both commercial and residential), while the U.S. dollar is poised to rise slightly next year. Meanwhile, Solomon placed the probability of a “soft landing” — or a slowdown in… Source link