Larry Dean Harmon, the Helix and Coin Ninja crypto-tumbling chief who in February was arrested for allegedly mixing bitcoin for criminals must pay $60 million in civil penalties, prosecutors at the Financial Crimes Enforcement Network (FinCEN) demanded Monday. Source link
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The panel will discuss the private-sector’s role in addressing shortcomings of cross-border payments. Source link
U.S. Agency for Global Media CEO Michael Pack was found by a D.C. judge to have broken the law when he seized control of a fund intended to design ways for people living under repressive regimes to have secure access to the Web. U.S. Agency for Global Media hide caption toggle caption U.S. Agency for Global Media U.S. Agency for Global Media CEO Michael Pack was […]
TikTok discarded the offer of another American tech giant, Microsoft, before reaching an agreement with Oracle, which is expected to protect the Chinese video platform from being banned on the territory of the US over accusations of being a threat to national security. CEO of the tech giant Oracle, Larry Ellison, donated a hefty sum of $250,000 to the “Security is Strength” Super PAC, which only […]
P&G Investors Challenge CEO Over Forest Destruction Concerns By Stand Earth, Popular Resistance. October 14, 2020 P&G Investors Challenge CEO Over Forest Destruction Concerns2020-10-142020-10-14https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/10/pandg-e1602698233656.jpg200px200px Above photo: Stand Earth. At the Company’s Annual Meeting. In win for advocacy groups, 67% of shareholders split from company’s recommendation and vote yes on key proposal to protect boreal forest of Canada, tropical forests in Southeast Asia. Washington – In a […]
A lawsuit accuses CEO Michael Pack of illegally seeking to influence the Voice of America’s news coverage. In one instance, he required a link to administration editorials be placed on VOA’s home page, the suit says. Court document/NPR hide caption toggle caption Court document/NPR A lawsuit accuses CEO Michael Pack of illegally seeking to influence the Voice of America’s news coverage. In one instance, he required […]
The CEO of the hacked South Korean crypto exchange says suspects in the hack have been identified. Source link
https://cdn1.img.sputniknews.com/img/07e4/09/01/1080343001_0:289:3071:2016_1200x675_80_0_0_2c261a25cecf94c425c0c62ec1706389.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202010011080627646-us-defence-contractor-ceo-charged-for-covid-19-relief-fraud/ WASHINGTON (Sputnik) – The head of a Hawaiian defense contractor has been charged for trying to steal nearly $13 million in COVID-19 relief funds, the US Justice Department said in a press release. “A Hawaii man has been taken into custody on allegations he fraudulently obtained more than $12.8 million in Paycheck Protection Program (PPP) loans guaranteed by the […]
Twitter CEO Jack Dorsey tweeted his disapproval of Coinbase CEO Brian Armstrong steering his company away from corporate activism. Read more: Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission Source link
It might be part of every job in crypto to anticipate and react to fast-moving developments that seemingly change the industry’s direction overnight. And apparently not even Changpeng “CZ” Zhao, the high-profile leader of Binance, the world’s largest cryptocurrency exchange, is immune to the industry’s capricious shifts. In a video interview with CoinDesk’s Muyao Shen, Zhao acknowledged that the emerging blockchain sector of decentralized finance, known as DeFi, […]
The super-charged trajectory of the cryptocurrency industry is translating to faster growth at the publicly traded digital-asset brokerage Voyager Digital, where revenue this quarter is tracking at an eightfold increase over the prior 12 months’ average pace. Voyager CEO Steve Ehrlich told CoinDesk in a Zoom interview that the company’s on pace for revenue of about $2 million during the fiscal first quarter that ends Sept. […]
The CEO of Wells Fargo offered a groveling apology for his “unconscious bias” and promised more diversity at one of the largest US banks, after a quote from an internal memo caused outrage even some members of Congress joined in. “I apologize for making an insensitive comment reflecting my own unconscious bias,” Charlie Scharf said in a statement released on Wednesday. “There are many talented diverse […]
MOSCOW (Sputnik) – Donald Kendall, who headed the US food and beverage corporation PepsiCo in 1971-1986, has died at the age of 99, the company announced in a tribute statement to its former CEO. “All of us at PepsiCo are devastated by the passing of Don Kendall. Don was the architect of the PepsiCo family. He was relentless about growing our business, a fearless leader, and […]
The CEO of publicly traded MicroStrategy (MSTR) shares why he started to feel like he was “sitting on a 500-lb block of ice” and how he came to bitcoin as a solution. MicroStrategy made waves when it announced in early August it was moving $500,000,000 in treasury reserves out of cash. At least $250 million were to be moved into bitcoin. Earlier this week, the company announced […]
In his new book No Rules Rules, Reed Hastings attributes Netflix’s success to the unorthodox office culture at the company. Hastings is pictured at Summit LA17 in Los Angeles in 2017. Amy Harris/Invision/AP hide caption toggle caption Amy Harris/Invision/AP In his new book No Rules Rules, Reed Hastings attributes Netflix’s success to the unorthodox office culture at the company. Hastings is pictured at Summit LA17 in […]
MicroStrategy is prepared to HODL its bitcoin for at least a century. Or so said the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CoinDesk on Tuesday, shortly after he announced on Twitter that MicroStrategy was doubling down on the godfather cryptocurrency with the purchase of $175 million more BTC. “I want something that I could put $425 million into for 100 […]
CNN let Netflix CEO Reed Hastings off the hook for the second time in four days, neglecting to ask him even once about ‘Cuties,’ the film that ignited a campaign to cancel the streaming service for showing alleged “child porn.” The latest Netflix-friendly interview aired Sunday on CNN’s “Reliable Sources” program, where host Brian Stelter kept the discussion focused primarily on promoting Hastings’ new book. CNN […]
Protesters rallied outside the Rio Tinto office in June in Perth, Australia, after the destruction of Indigenous heritage sites the month before. Richard Wainwright/AP hide caption toggle caption Richard Wainwright/AP Protesters rallied outside the Rio Tinto office in June in Perth, Australia, after the destruction of Indigenous heritage sites the month before. Richard Wainwright/AP Mining giant Rio Tinto is parting ways with its chief executive as […]
Crypto exchange Kraken announced Thursday that former Casa CEO Jeremy Welch has joined its team as VP of product. Source link
https://cdn1.img.sputniknews.com/img/07e4/08/1a/1080284166_0:94:3072:1822_1200x675_80_0_0_adaa326dfcdfe4169db4f16033c280c3.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/russia/202009101080423126-russia-wants-to-make-its-vaccine-against-covid-19-available-in-every-country-rdif-ceo-says/ MOSCOW, September 10 (Sputnik) – Russia wants to provide the Sputnik V vaccine to all countries without discriminating against anyone, Kirill Dmitriev, the chief executive officer of the Russian Direct Investment Fund, involved in the development of the vaccine, said on Thursday. “Only in partnership with other countries can we manufacture our vaccine and we want to make it […]
Earlier, the head of Russia’s sovereign wealth fund stated that more than 10 countries are currently pursuing fast-track registrations of COVID-19 vaccines and therapeutics. CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has welcomed the UK’s decision to revise its law and allow emergency use of any effective coronavirus vaccine before it’s fully licensed, if it meets the required safety and quality standards. “The […]
Former Disney executive Kevin Mayer in 2015. On Wednesday, Mayer announced he was resigning suddenly from TikTok as the app’s chief executive amid growing pressure in Washington for the app to sell off its U.S. assets. Damian Dovarganes/AP hide caption toggle caption Damian Dovarganes/AP Former Disney executive Kevin Mayer in 2015. On Wednesday, Mayer announced he was resigning suddenly from TikTok as the app’s chief executive […]
TikTok Chief Executive Officer Kevin Mayer has resigned, stating that the scope of his role as the head of the video-sharing platform was more than he could manage, as the company battles with Washington. His decision to leave the company comes days after TikTok filed suit against the Trump administration over an executive order that prevents the video-sharing app from making business transactions in the United […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202008271080289075-tiktok-ceo-kevin-mayer-quits-company-internal-email-says/ Kevin Mayer has quit his top post at TikTok, months after becoming chief executive of the Chinese video-sharing app accused by the Trump administration of threatening national security, according to a letter to employees seen by the Financial Times. Mayer informed employees at TikTok and its parent company ByteDance of his decision to leave on Thursday, people briefed about […]
Twitter CEO Jack Dorsey has donated a “no strings attached” $10 million to Ibram Kendi’s Center for Antiracist Research. Kendi is a bestselling author who’s gotten famous by telling white people that they’re racists. Announcing the donation on Thursday, Dorsey said that the center’s research “will inform and fuel much needed and overdue policy change.” According to Boston University, which hosts the center, teams of academics, […]
The Russian health minister earlier dismissed allegations of ineffectiveness and potential dangers of the first vaccine protecting against COVID-19, alleging that such rumours are just a result of “certain competition” felt by foreign colleagues of the Russian researchers. The announcement of the registration of the first coronavirus vaccine in Russia was met with attempts by the western mainstream media to play down the news of the […]
A two-shot coronavirus vaccine will be available for public use by the end of 2020, its manufacturer Sinopharm has announced. The price tag for the sought-after cure won’t be too high, the pharmaceutical company assured. Sinopharm Chairman Liu Jingzhen has told the Guangming Daily newspaper that the firm’s Covid-19 vaccine has entered the third and final stage of clinical trials – during which the efficacy and […]
George Ball, the former chief executive officer of Prudential Securities and now CEO of Sanders Morris Harris, suggested that bitcoin or other cryptocurrencies could be “a safe haven” for investors and traders as an alternative investment. Ball, who claimed himself as a Bitcoin and blockchain opponent, said in an interview with Reuters on August 14 that bitcoin or another cryptocurrency is “very attractive” both in the […]
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments. Source link
McDonald’s is suing former CEO Steve Easterbrook to claw back his exit payout, citing new evidence of inappropriate relationships with employees. Richard Drew/AP hide caption toggle caption Richard Drew/AP McDonald’s is suing former CEO Steve Easterbrook to claw back his exit payout, citing new evidence of inappropriate relationships with employees. Richard Drew/AP When former McDonald’s CEO Steve Easterbrook was fired for a consensual relationship with a […]
McDonald’s aired some extremely dirty corporate laundry in public Monday, accusing former Chief Executive Steve Easterbrook of fraudulently hiding details of three “physical sexual relationships” with employees when the board fired him last November over a separate relationship with a subordinate. The bombshell documents also say Easterbrook awarded stock valued at hundreds of thousands of dollars to one of the employees. He could be forced to […]
https://cdn1.img.sputniknews.com/img/07e4/08/08/1080105730_0:0:3071:1729_1200x675_80_0_0_f7e9f4bf60f8d5b2dc3890778141e09d.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/europe/202008091080105759-europacorp-film-company-ceo-luc-besson-replaced-by-axel-duroux/ The 61-year-old filmmaker, who founded EuropaCorp in 1999, is famous for directing The Fifth Element, Lucy, and Valerian and the City of a Thousand Planets. On 8 August, French motion picture company EuropaCorp managing director Luc Besson was replaced by Axel Duroux, a press release by the company reads. According to the release, Luc Besson will retain the non-executive chairmanship of the […]
One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed. Our main conversation is with Hedgeye CEO Keith McCullough. Before building Hedgeye into a “no-excuses provider of real-time investment research and a premier online financial media company,” Keith worked at hedge funds including Carlyle Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners and […]