These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequen...
Tag: Management
How blockchain technology is used in supply chain management?
To trace the activities along the supply chain more efficiently, concerned parties can access price, date, origin, quality, certification, destination and other pertinent information using blockchain....
The Disney CFO Who Raised Concerns About Bob Chapek Has Respect on the Street
Christine McCarthy, Walt Disney Co. ’s longtime finance chief, took an unusual step when she expressed a lack of confidence in the chief executive to directors of the entertainment giant. Finance chi...
Binance CEO Changpeng Zhao: ‘No amount of other people’s tweets would cause problems’ if an exchange holds customer assets
Perhaps it’s one last dagger, but Binance CEO Changpeng Zhou just could not resist a little dig at the fallen FTX chief executive Sam Bankman-Fried. That’s a reference to the role the cryptocurrency t...
Institutional Level Security and Risk Management System
Amidst the fall of FTX, BIT emerges as a professional trading platform with an institutional level of security. The collapse of the FTX exchange sent shockwaves through the cryptocurrency industry. Th...
New CIO Wants Cisco to Be a Model for Hybrid Work
Fletcher Previn, Cisco Systems Inc.’s new chief information officer, said he is working to help position the networking-equipment maker as a leader in hybrid work. “Everybody being remote in the pande...
Citigroup faulted by U.S. banking regulators for poor data management in ‘living will’ review
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC. Alex ...
Attorneys highlight poor management at FTX’s first bankruptcy hearing
The first bankruptcy hearing for Bahamas-based FTX was held on Tuesday (22 November) in the U.S. Bankruptcy Court in Wilmington, Delaware. The exchange’s new CEO and Chief Restructuring Officer John R...
Top Disney exec Kareem Daniel to leave as Bob Iger returns
Kareem Daniel, the chairman of Walt Disney Co.’s vast media and entertainment distribution segment, is leaving the company as part of an organizational reshuffling that comes a day after Robert Iger r...
You’re The Youngest In The Room
The challenge – managing a team when you are younger than all or most of them – can seem overwhelming. But it doesn’t have to be. You got to this point – and have this opportunity – because you earned...
Bitcoin Financial Services Firm Unchained Capital Cutting Staff, Reshuffling Management
Unchained Capital reduced its workforce by about 15% and moved its head of business development Parker Lewis to the board of directors as well as chief product officer Will Cole to a senior advisory r...
Secure Real Estate Information Management using Blockchain
With exponential growth in cyber-attacks, it would be a mistake to ignore the potential risks posed by cybercriminals to the real estate industry. Websites like https://thecryptogenius.software/ carte...
New FTX management indicates SBF transferred assets to Bahamas post Bankruptcy
FTX filed for bankruptcy on November 11th. It is headquartered in the Bahamas and registered elsewhere. FTX’s new CEO has experience in restructuring such companies. In an emergency court filing, inso...
Intel’s Newest Director Buys Big Block of Stock
On the heels of Intel CEO buying the company’s stock, the chip giant’s newest director also scooped up shares. Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov...
Trump Organization CFO Weisselberg chokes up on witness stand, claims his ‘personal greed’ drove $1.7 million tax-avoidance scheme
NEW YORK (AP) — Donald Trump’s longtime finance chief choked up on the witness stand Thursday, saying he betrayed the Trump family’s trust by scheming to dodge taxes on $1.7 million in company-paid pe...
AT&T exec says ‘it’s only a matter of time’ before people ‘really’ feel inflation
AT&T Inc. Chief Financial Officer Pascal Desroches says “it’s only a matter of time” before consumers start to “really” feel the impact of inflation, but he thinks the wireless business will prove...
Elon Musk testifies in shareholder lawsuit over Tesla compensation package
WILMINGTON, Del. (AP) — Tesla TSLA, -2.01% CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s ...
10 crazy things detailed in FTX’s bankruptcy filing
On Thursday, John Ray, III, the new CEO of FTX, dropped a long-awaited declaration in U.S. bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankrup...
Mohnish Pabrai Buys Brookfield Asset Management
Summary The guru entered a 180,303-share position in the investment management company. He did not make any changes to his two other U.S. holdings. After reducing his stake in Seritage Growth Properti...
Elon Musk Has the Next Tesla CEO in Mind. There Are a Few Candidates.
Tesla board member James Murdoch said Elon Musk knows who could run Tesla after him. It might have been a throwaway line said while being questioned in a trial. Still, it’s a chance for investors to ...
New FTX CEO Blasts Management Practices Under Sam Bankman-Fried
John J. Ray III may have unwounded major corporate failures, but in over four decades of legal and restructuring experience, he claims to have never seen such “unprecedented” management failures as in...
Nouriel Roubini attacks Binance CEO Changpeng Zhao and says Kevin O’Leary should lose his role at CNBC over ties to FTX
“What are the 7 C’s of crypto? Concealed. Corrupt. Crooks. Criminals. Conmen. Carnival barkers. And finally, CZ.” That was famed economist Nouriel Roubini, a longtime critic of cryptocurrencies, attac...
Trust Wallet launches anticipated browser extension of its crypto management app » CryptoNinjas
Trust Wallet, a self-custodial and multi-chain cryptocurrency wallet application, has announced the launch of its brand-new browser extension wallet. Supporting all EVM chains, as well as Solana, it i...
Crypto asset management firm Ikigai ‘caught up in the FTX collapse’
Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX collapse as it had a large portion of its assets on the collapsed exchange, according to the fir...
If You Invested $10k In Annaly Capital Management 5 Years Ago, Here’s How Much You Would Be Making In Dividends Today
Income investors are always on the lookout for stocks that will produce high-yielding dividends, but many of these stocks do not perform well over the long term. Ironically, one of the most popular mo...
Why do people invest in crypto? ‘It’s partly fraud and partly delusion’: Charlie Munger
““The country did not need a currency that’s good for kidnappers.”” — Charlie Munger Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.35%, is not a big fan of crypto, and he shared some f...