Tag: CEO

OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety

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Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus.  The Senate Judiciary Privacy, Technology, & the Law Subcommittee session represented Altman’s first official appearance before Congress, giving senators the opportunity to question the OpenAI CEO concerning his company’s views on regulation. ‘If this technology goes wrong, it can go quite wrong.’ OpenAI CEO Sam Altman admitted during a Senate hearing that his ‘worst fears’ are causing ‘significant harm to the world’ via developing…

River CEO says bitcoin interest fueled by institutional investors after $35m capital raise

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied River Financial, a San Francisco-based bitcoin technology and financial services institution raised $35 million in a new equity funding round, with the company’s CEO stating that institutional adoption rather than hype is mostly fueling a renewed interest in bitcoin.  River’s new funding round raises $35 million River’s series b funding was led by London-based investment management company Kingsway Capital, as stated in a press release. Other participants in the fundraise include Paypal co-founder and billionaire Peter…

Vodafone CEO Announces Record Layoff of 11,000 Workers, Shares Sink 7%

Vodafone shares took a beating today amid company plans to layoff thousands of workers, and properly allocate resources. Vodafone (LON: VOD) shares fell 7% on Tuesday following a mass layoff announcement by the British multinational telecom company. In a statement, chief executive officer Margherita Della Valle said the company’s plan to ax a record 11,000 jobs is necessary to remain profitable. Vodafone forecasted flat profit growth and explained that the massive downsizing would take place over three years. The cut accounts for a wipeout of just over 10% of the telecom…

OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report

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OpenAI boss Sam Altman is reportedly in “advanced talks” of securing $100 million funding for Worldcoin, a project aimed at creating a collectively owned and globally distributed cryptocurrency. A Financial Times report published on May 15 cited sources with knowledge of Worldcoin’s funding talks, stating that the $100 million will be sourced from a mix of “existing and new investors.” When it was first revealed to the world, the startup boasted a Series A funding round led by a16z, with investors that also included Digital Currency Group, Coinbase Ventures as…

Incoming Twitter CEO, Linda Yaccarino, follows Shiba Inu, Dogecoin

Linda Yaccarino, the new CEO of Twitter, has a surprising connection to Dogecoin, the meme-inspired cryptocurrency championed by her predecessor, Elon Musk. According to her Twitter profile, Yaccarino follows several accounts related to Dogecoin and its spin-off, Shiba Inu (SHIB), including the official accounts of both coins and some of their prominent developers and supporters. Some accounts followed by new Twitter CEO Linda Yaccarino | Source: Twitter Yaccarino, previously the head of advertising at NBCUniversal, was announced as Musk’s replacement on Friday. She has not publicly commented on her views…

Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says

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The latest hype around Bitcoin (BTC) Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.  “These guys are basically paying massive amounts of fees that go directly to Bitcoin miners, and there is no way this can be sustained,” Mow said in an exclusive interview with Cointelegraph.  “They will fade away after even months, let’s not talk about years here,” he continued.  Growing activity around Ordinals and BRC-20 – a crypto technology that allows users to mint fungible…

Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online – Featured Bitcoin News

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The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too has been banned from the platform. Former CEO Tells Users to ‘Trust No One’ The former CEO of Paxful, Ray Youssef, has again reminded users of the peer-to-peer platform on May 9 that he left the company weeks ago and…

Paxful bans former CEO days after resuming operations

Paxful, a peer-to-peer (P2P) crypto trading platform, has banned its co-founder and former CEO, Ray Youssef. Paxful drama unfolds This development comes just days after the company announced its return to operations.  In response to a customer complaint, Youssef revealed that he is no longer involved in the leadership of the crypto firm, emphasizing his lack of control over ongoing events.  The internal conflict between Ray and his fellow co-founder is mainstream knowledge.  In several instances, Paxful clients have expressed their concerns by tagging Ray Youssef in various tweets, seeking…

Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’ – Bitcoin News

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Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. Elon Musk to Leave CEO Post at Twitter and Become Company’s CTO Entrepreneur Elon Musk announced he has found someone to replace him as chief executive officer (CEO) of Twitter, making good on a promise…

SHIB, DOGE Near Multi-Month Lows, as Musk Finds New Twitter CEO – Market Updates Bitcoin News

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Shiba inu moved close to a five-month low on Friday, as meme coins reacted to news that Elon Musk has found a new Twitter CEO. Musk tweeted, “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks.” Dogecoin neared a two-month low today. Shiba Inu (SHIB) Shiba inu (SHIB) neared a five-month low on Friday, as markets reacted to the news that Elon Musk will be stepping down as CEO. Musk, who acquired the social media company last year, has been at…