Crypto’s latest big moment is worthy of one big reminder too. The US dollar is still the US dollar, and crypto is, well, just an investment vehicle. Said reminder comes compliments of the International Monetary Fund (IMF), one of the foremost global authorities on payments and financial stability. “Our view is that we have to differentiate between money and assets. When we talk about crypto, we are actually talking about an asset class. It could be backed up and in that sense, more secure and… Source link
Read More »Mark Zuckerberg reportedly said he doesn’t like seeing ‘managers managing managers,’ fueling speculation of more layoffs
Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to “flatten” the management structure, Command Line said. Managers managing managers managing managers managing… Source link
Read More »Mark Zuckerberg reportedly said he doesn’t like seeing ‘managers managing managers,’ fueling speculation of more layoffs
Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to “flatten” the management structure, Command Line said. Managers managing managers managing managers managing… Source link
Read More »Yahoo expanding in Israel, names new local Managing Director
The internet giant has named Neetai Eshel as the new Managing Director of its R&D Centers in Israel, which include a center in Tel Aviv focused on development with engineers and programmers in the AdTech, video, and Data products, as well as a research site in Haifa Source link
Read More »Kyrie Irving plans to keep ‘managing’ Nets with Kevin Durant
If the LeBron James-era Miami Heat marked the peak of what player empowerment can accomplish in the NBA, look no further than the 2022 postseason for its nadir. Absent: LeBron and the Los Angeles Lakers of his vision historically flamed out of the playoffs before they began. Absent as of Monday: A Brooklyn Nets squad built by, of and for Kevin Durant and Kyrie Irving, swept out of the first round in alarming fashion by the Boston Celtics. The two teams that entered 2021-22 as betting favorites… Source link
Read More »How BlackRock is managing ‘the greatest investment opportunity of our lifetime’
In his 2022 letter to CEOs, BlackRock (BLK) CEO Larry Fink urged other heads of companies to prepare for and participate in the green transition as part of a broader defense of stakeholder capitalism. “I believe the decarbonizing of the global economy is going to create the greatest investment opportunity of our lifetime,” Fink wrote. “It will also leave behind the companies that don’t adapt, regardless of what industry they are in.” The CEO of the world’s largest asset manager… Source link
Read More »Edward Jones Managing Partner Penny Pennington
The COVID-19 pandemic changed the way millions of Americans plan for retirement, according to Penny Pennington, Edward Jones managing partner. “A third of those say that they are going to be working longer. But another third say they’re going to be working a shorter amount of time,” said Pennington during Yahoo Finance’s All Markets Summit: The Path Forward. Pennington became Edward Jones’ sixth managing parter in 2019. She joined the firm in 2000 as a financial advisor. Today, Edward Jones… Source link
Read More »Amazon’s ‘Achilles heel has emerged:’ Volition Capital managing partner
Disappointing Q2 revenue reports and Q3 forecasts for Amazon (AMZN) may be symptomatic of a larger weakness, Volition Capital Managing Partner Larry Cheng said in an interview with Yahoo Finance Live. “[Amazon will] be dominant in the future,” Cheng said. “However, I do think during this period their Achilles heel has emerged, and it’s the strength and the weakness being the same thing for Amazon. Their strength is that they are ‘the everything store.’ Their weakness is that they are… Source link
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