The judge who presided over the criminal fraud trials of Theranos founder Elizabeth Holmes and her co-defendant and one-time boyfriend, Theranos COO and president Ramesh “Sunny” Balwani, sentenced Balwani on Wednesday to nearly 13 years in prison plus three years of probation. “They misled investors, they misled patients,” U.S. District Court Judge Edward Davila said during Balwani’s sentencing hearing in San Jose, California, according to NBC News. “I think it’s just that enduring… Source link
Read More »Beyond Meat cuts 19% of workforce, including alleged nose-biting COO, stock plunges
Beyond Meat is letting go of an executive who allegedly bit someone’s nose outside of a football game last month as part of a 19% reduction in the plant-based meat company’s global workforce that also includes the embattled company’s COO. Beyond Meat stock were down more than 7% in pre-market trading as of 7:12 AM ET. The company stated that the last day of Chief Operating Officer (COO) Doug Ramsey would be Friday. Ramsey had been on suspension since September 20 after the alleged incident,… Source link
Read More »Robinhood crypto wallet has a waitlist of 1.6 million people: Crypto COO
Retail investor interest in Robinhood’s (HOOD) forthcoming crypto wallet remains high, a company executive said at the Yahoo Finance-Decrypt cryptocurrency event on Tuesday. The wait list for Robinhood’s crypto wallet stands at 1.6 million people, Robinhood Crypto COO Christine Brown revealed at “Crypto Goes Mainstream.“ Robinhood announced plans for the crypto wallet in September, promising users the ability to send and receive cryptocurrency at speed and low cost. The wallet will also… Source link
Read More »Yandex N.V. (NASDAQ:YNDX) – Yandex Appoints Svetlana Demyashkevich As Finance Chief, Vadim Marchuk As COO Effective June 1
Yandex NV (NASDAQ: YNDX) has appointed former X5 Retail Group CFO Svetlana Demyashkevich as Yandex’s CFO and Vadim Marchuk as COO, effective from June 1. On March 30, Yandex announced that Greg Abovsky would depart as CFO and COO effective April 30 to pursue a new opportunity in another geography. Marchuk was appointed as the acting CFO,… Source link
Read More »Yandex announces departure of CFO and COO Abovsky – Telecompaper
Add comment 2500)this.value=this.value.substr(0,2500);” onkeydown=”if(this.value.length>2500)this.value=this.value.substr(0,2500);”> We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is… Source link
Read More »GameStop misses earnings, names new COO, focuses on digital
GameStop (GME), a WallStreetBets favorite and phenomena of the year, reported fourth quarter results Tuesday afternoon which missed analyst expectations on the top and bottom lines and named a new COO as it focuses on growing e-commerce sales. The company also announced former Amazon and Google tech veteran Jenna Owens will be the next Chief Operating Officer. The stock was immediately up in after hours, before turning lower about 30 minutes later. These are the results versus consensus Wall… Source link
Read More »Palantir surges on partnership with IBM, COO says the tie-up is its largest
TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link
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