Tag Archives: Cofounder

The Terra ecosystem completely unraveled last week, taking much of the cryptocurrency market down with it. Its algorithmic stablecoin TerraUSD (UST) crashed far below its $1 peg, and its sister token Luna collapsed to nearly zero. Though the overall market is now recovering, the demise of UST and Luna wiped out many cryptocurrency investors’ life savings. This left the Terra community, including its creator Do Kwon, proposing plans to somehow fix the damage done. One proposal on the Terra… Source link

Jack Dorsey and Elon MuskMARCO BELLO/AFP/Picture Alliance/Getty Images Twitter cofounder and former CEO Jack Dorsey “whispered” in Elon Musk’s ear that the social-media platform ought to be a private company, and other billionaire contacts pushed Musk to pursue the takeover deal he ultimately made, the Wall Street Journal reported Friday. Dorsey, who stepped down as Twitter CEO in November, has publicly and heartily supported Musk’s purchase, saying that he is a “singular solution” to leading… Source link

Google parent Alphabet Inc. disclosed that Larry Page, co-founder and current board member, has sold more than $80 million worth of shares, a couple of days after the stock shot up on the back of a blowout earnings report and stock-split announcement. Both the Class C shares and more-active Class A shares rose 0.4% in premarket trading. In filings with the Securities and Exchange Commission after Friday’s closing bell, the internet search giant said… Source link

DeepMind co-founder Mustafa Suleyman. Bloomberg | Getty Images LONDON — DeepMind co-founder Mustafa Suleyman surprised many of his followers last week when he announced he’s leaving his vice president role at Google to become a venture capitalist at Silicon Valley firm Greylock Partners, which has backed the likes of Facebook, Airbnb and LinkedIn since it was founded in 1965. His exit from Google, which acquired the DeepMind artificial intelligence lab in 2014, comes after he was accused of… Source link

Mustafa Suleyman, a pioneer in the field of artificial intelligence, is leaving Google to join the venture capital firm Greylock Partners. The departure of Mr. Suleyman, who was Google’s vice president of product management and policy for artificial intelligence, closes a tumultuous tenure at the company. He joined Google in 2014 when the search giant acquired DeepMind, a cutting-edge artificial intelligence research lab, in a deal valued at $650 million. The deal demonstrated the value of… Source link

Eric Schmidt, the former chief executive of Google, has paid $65 million for Enchanted Hill, a prized piece of undeveloped land in Beverly Hills that was owned by late Microsoft co-founder Paul Allen, according to people familiar with the situation. The deal, which closed in December, marks the end of a more than three-year push to sell the roughly 120-acre property, which came on the market asking $150 million in 2018.  Source link

When it comes to online calendars and calendar apps, services like Google Calendar and Outlook from Microsoft rule the roost with hundreds of millions of users globally. Now another company is hoping to ruffle some feathers with its own move into the space. TechCrunch has learned and confirmed that Yahoo is working on called Day, a new standalone calendar app. Sources tell us the company has recruited Jeremy Le Van — who had co-founded another calendaring app, Sunrise, and eventually… Source link

Allbirds is challenging its competitors in the apparel space to do much better on the sustainable clothing front.  “Certainly in the five years we have been around we have seen an acceleration from the rest of the industry toward the environment and sustainability, which is a fantastic thing. But, we have to move faster,’ said Allbirds co-founder and co-CEO Tim Brown on Yahoo Finance Live. “This is the problem of our generation and the fashion industry has been playing lip service to this… Source link

“[His entry] met all the standard conditions of a medical emergency requiring a medical evacuation from the islands, and every requirement and regulation that was in place… was complied with,” Mr Little said, according to a transcript on the parliament’s website. Source link

Opposition politicians raise questions over why billionaire’s application was approved quickly at time when others were being turned away amid pandemic. Google co-founder Larry Page has gained New Zealand residency, officials confirmed, stoking debate over whether extremely wealthy people can essentially buy access to the South Pacific country. Immigration New Zealand said Page first applied for residency in November under a special visa open to people with at least 10 million New Zealand… Source link