Category: People
-
Silicon Valley VC “Party Animal,” Faces Fraud Charges Again!
•
Mike Rothenberg, the venture capitalist once dubbed Silicon Valley’s “party animal,” faces trial again after a jury failed to reach a verdict last year on charges that he lied to banks about his wealth to obtain loans and defrauded investors. Rothenberg is accused of fraudulent conduct and misrepresentation, which prosecutors…
-
US OCC Appoints Prashant Bhardwaj To Head New Fintech Office!
•
The U.S. Office of the Comptroller of the Currency (OCC) has established a new office of fintech and appointed Prashant Bhardwaj to head the department as deputy comptroller and chief financial technology officer.
-
New Boss At UBS: Ermotti Takes Over From Hamers!
•
Sergio Ermotti is returning to the major Swiss bank UBS as Group CEO. The board of directors made this decision in light of the new challenges and priorities UBS must face following the acquisition of Credit Suisse, which UBS announced today.
-
Immediate Development Pause Demanded: Elon Musk And Over 1000 Tech Giants Warn Against AI In An Open Letter!
•
The development of artificial intelligence is progressing more visibly than ever – thanks to ChatGPT. Industry insiders speak of “significant risks.” In an open letter, they call for a six-month pause to establish rules and limits.
-
Jack Ma Resurfed In China After Successful Alibaba Restructuring!
•
Before his return, Alibaba founder Jack Ma had been abroad for over a year. The billionaire’s relationship with Chinese authorities is strained. Now, he has reappeared in China for the first time. The Hong Kong newspaper South China Morning Post, which he owns, reported that Ma visited a school in…
-
Introducing Dr. Doom Nouriel Roubini!
•
Nouriel Roubini is CEO of Roubini Macro Associates, LLC, a global macroeconomic consulting firm in New York. He is also the chief economist of Atlas Capital Team LP and co-founder of Rosa & Roubini Associates. In 2006, Roubini warned of the coming recession due to the credit and housing market…
-
Global Payment System Ingenico Appoints Laurent Blanchard As CEO!
•
Global payment services provider Ingenico appointed Laurent Blanchard (LinkedIn) as the new President and CEO. He has also become a member of the company’s Supervisory Board and Board of Directors, effective April 3, 2023.
-
Italy’s Central Bank Chief Is Pissed Off At His Chatty ECB Colleagues!
•
Italy’s central bank chief Ignazio Visco criticizes interest rate comments by his colleagues on the ECB’s possible further tightening course after March. He openly criticized his hawkish colleagues for making statements when officials had agreed not to give such guidance.
-
Winter Office: Berlin FinTech Rents Mansion By The Sea For Employees!
•
Despite fintech winter, Raisin allows employees to work from home abroad and pays for their accommodation. The company has rented a villa in Greece over the winter, where up to ten colleagues can set up their laptops simultaneously.
-
This FinTech Founder Pays Himself A Bonus Of €7.5 Million!
•
The German fintech CM Equity offers fintechs a platform for crypto trading. In 2021, founder Michael Kott made decent business with it – and rewarded himself with an unusually high bonus of €7.5 million.