execs – NewsNow

Execs at Ray Dalio’s hedge fund say we’re in a ‘once-in-a-generation’ economic shift that ‘threatens the existing world order’

April 26, 2025 by DON

Chief investment officers at the hedge fund Ray Dalio founded, Bridgewater Associates, warned of an upheaval of the “existing world order” amid the fall-out from President Donald Trump’s trade policy in its latest newsletter. Trump’s trade, ignited by his so-called “Liberation Day” tariffs, have ripped through the stock market and left investors worried about a … Read more

Alphabet expects ‘slight headwind’ to ads business in 2025, execs say

April 25, 2025 by DON

President Donald Trump’s trade policies will have a negative impact on Google parent Alphabet‘s core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that’s on edge due to concerns about how Trump’s tariffs will affect the economy … Read more

Read what Mark Zuckerberg and Facebook execs said about Instagram before buying it

April 19, 2025 by DON

The first week of the Meta antitrust trial brought new revelations about how the company formerly known as Facebook approached the competitive threat posed by Instagram in the early 2010s. The U.S. government is accusing Meta of violating competition laws by acquiring companies like Instagram and WhatsApp that threatened the Facebook monopoly. If lawyers for … Read more

Uniswap, Coinbase, and NYSE execs to join SEC roundtable on crypto trading regulations

April 8, 2025 by DON

Executives from multiple US crypto and finance firms are set to join the U.S. Securities and Exchange Commission’s next roundtable to discuss crypto trading regulations. The roundtable, titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” will be held on April 11 at SEC headquarters in Washington, D.C., and will be … Read more

Ghibli-themed memecoin rallies 35,000% as Musk and Ripple execs join latest trend

March 27, 2025 by DON

Ghibli-inspired memecoins on Solana have taken off in the past day, thanks to a wave of Studio Ghibli-style images shared by ChatGPT users on social media. On March 25, OpenAI launched image generation for its ChatGPT-4o model, prompting users to generate artwork in the iconic style of Studio Ghibli, known for popular anime films like … Read more

Ex-Network International execs raise $6M for Enza, an African fintech serving banks

March 24, 2025 by DON

Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in … Read more

Trump Media execs launch SPAC to raise $179M for crypto, tech

March 20, 2025 by DON

Three senior executives from the Trump Media & Technology Group have launched Renatus Tactical Acquisition Corp I, a Cayman Islands-registerd special purpose acquisition company. The firm aims to raise about $179 million to acquire businesses in cryptocurrency, blockchain, data security, and dual-use technology. According to a Forbes report published on Mar. 20, Renatus Tactical’s leadership … Read more

In wake of tragedies, BofA tasks senior execs with overseeing junior banker workload

March 17, 2025 by DON

Bank of America, which has come under scrutiny for its treatment of junior bankers, is changing who is overseeing the workloads of its young executives. The bank is now having senior bankers—those who hold a title of director or above—monitor the nature and volume of assignments piled on lower level staff who, in an industry … Read more

Trump’s team promised governments would ‘eat’ its tariffs. Execs say they’re passing on at least 50% to consumers

March 6, 2025 by DON

Warren Buffett and Steve Cohen warned consumers would be footing the bill for Trump’s trade war, and business bosses have now confirmed they plan to pass on at least half of their rising costs. Read More