DIRS.INFO The most relevant business & tech news

☆ Fintech unicorns are watching Klarna's debut for signs of when IPO window will reopen
▼ + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Last week, Klarna made a confidential filing to go public in the U.S., ending months of speculation over where the Swedish digital payments firm would list. Still, the development drew buzz from fintech circles with market watchers asking if the move marks the start of a resurgence in big fintech IPOs. For now, that doesn't appear to be the case — however, founders say they'll be watching the IPO market, eyeing pricing and eventually stock performance. Hiroki Takeuchi, CEO of online payments startup GoCardless, said last week that it's not yet time for his company to fire the starting gun on an IPO. However, Zopa's CEO added that he's seeing signs pointing toward a more favorable IPO market in the next couple of years, with the U.S. likely opening up in 2025.

Persons: Hiroki Takeuchi, Zed Jameson, Klarna, they'll, Takeuchi, GoCardless, Lucy Liu, Airwallex, it's, Liu, Jack Zhang, We're, fintech IPOs, Navina Rajan, It's, Rajan, Jaidev Janardana, Janardana, that's Organizations: GoCardless, Bloomberg, Getty, Portugal —, CNBC, Summit, British, U.S Locations: LISBON, Portugal, U.S, Lisbon, Europe

☆ The CEO of optics giant Olympus has resigned after accusations he bought illegal drugs, sending its shares plummeting
▼ + stars: | 2024-10-28 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

The CEO of optics giant Olympus has resigned after it was alleged that he had bought illegal drugs. Stefan Kaufmann's departure as CEO pushed the company's shares almost 6% lower Monday. AdvertisementOlympus Corporation's CEO, Stefan Kaufmann, has exited the optics giant following allegations he purchased illegal drugs. It said that based on the results, Kaufmann had likely acted inconsistently with Olympus' global code of conduct, core values, and corporate culture. Business Insider was unable to reach Stefan Kaufmann for comment.

Persons: Stefan Kaufmann's, —, Stefan Kaufmann, Kaufmann, Yasuo Takeuchi, Julie Hamp Organizations: Olympus, Service, Tokyo Stock Exchange, Police, Kyodo, Toyota Motor Corporation Locations: Tokyo, Japan

☆ Olympus shares drop over 5% after CEO resigns over drug allegation
▼ + stars: | 2024-10-28 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

The Olympus Corp. flag flies outside the company's Ishikawa research development facility in Tokyo, Japan, on Monday, March 14, 2022. Shares of Japanese camera giant Olympus Corp fell on Monday after the company announced the resignation of its chief executive officer over a drug allegation. The stock slid 5.3% on the Tokyo Stock Exchange following news of Stefan Kaufmann's resignation, according to LSEG data. So far this year, Olympus shares have jumped 31.9%, outperforming Japan's benchmark Nikkei 225, which has risen 13.3%. Kaufmann, 56, who had worked at Olympus for two decades, complied with a request to offer his resignation, the company added.

Persons: Stefan Kaufmann's, Olympus, Stefan Kaufmann, Kaufmann, Yasuo Takeuchi, Takeuchi, Michael Woodford Organizations: Olympus Corp, Tokyo Stock Exchange, Olympus, Nikkei, CNBC, Toyota Motor, America Locations: Tokyo, Japan

☆ A US F-35 stealth fighter just landed on a destroyer Japan turned into an aircraft carrier for the first time off the California coast
▼ + stars: | 2024-10-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

The US landed an F-35 stealth fighter on Japan's new aircraft carrier for the first time. US and Japanese forces are integrating the short-takeoff/vertical landing F-35B onto the JS Kaga. AdvertisementA US F-35 stealth fighter jet landed aboard Japan's new destroyer-turned-aircraft carrier for the first time off the coast of California, the US military said, sharing photos of the event. Japan's Izumo-class JS Kaga recently converted into a light aircraft carrier. Kaga's successful modification also paves the way for another Japanese helicopter carrier, JS Izumo, to be converted into an aircraft carrier.

Persons: Kaga, —, Cmdr, Darin Russell, Lockheed Martin, Japan's JS Kaga, Shusaku Takeuchi, Darin Russell Japan Organizations: US, Service, US Marine Corps, British Royal Navy, Air, Naval Air Base, Lockheed, ITF, Self, Defense Force, Force, JS Izumo, - Defense Force, US Navy, East China Locations: California, Naval Air Base Patuxent, Maryland, San Diego , California, Japan, San Diego, Bataan, Red, China, South, East, Tokyo, Australia

☆ This smiling robot has a face covered in ‘living’ skin
▼ + stars: | 2024-06-28 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +6 min

While it might look like the stuff of nightmares, this tiny robot covered in living skin could mark a step forward in the quest to make robots more human-like. It’s the work of researchers in Japan, who say they have discovered a new way to bind living skin tissue to a mechanical robotic surface. Previously, he developed a “living” robot skin — using collagen, a fibrous protein in human skin, and human dermal fibroblasts, the main cell type in connective tissue — that could be applied to a robotic finger and bend without breaking. The new method uses V-shaped holes on the robot's surface to attach the living skin securely. However, ensuring the consistency and quality of the living skin might not be so easy, says Takeuchi.

Persons: Shoji Takeuchi, ”, Takeuchi, Takeuchi isn’t, Will Jackson, ” Jackson, Hanson Robotics ’ Sophia, Grace, Yifan Wang, Wang, ” Takeuchi, Wang — Organizations: CNN, Institute of Industrial Science, University of Tokyo, Engineered Arts Ltd, Hanson Robotics ’, Nanyang Technological University, Singapore, The University of Tokyo Locations: Japan

☆ Robots keep getting creepier
▼ + stars: | 2024-06-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

Read previewIt's not just nuts and bolts keeping robots together — now they can be made with living skin. The team said it was able to mimic human skin ligaments by bonding skin tissue to perforated 3D facial models and 2D robots. The team hopes the advancement will be useful "in the cosmetics industry and to help train plastic surgeons," according to a press release. While the development could prove helpful, some people online reacted to the robot's fleshy skin and facial movements with jokes or said they found it disturbing. Scientists reveal a smiling 2D facial robot covered with lab-grown living skin.

Persons: —, Shoji Takeuchi, Takeuchi, Elon Musk Organizations: Service, University of Tokyo, Business, Optimus Locations: Tesla

☆ Where Japan's market is heading
▼ + stars: | 2024-03-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhere Japan's market is headingShuntaro Takeuchi, Matthews Japan Fund portfolio manager, joins 'The Exchange' to discuss the current health of Japan's Nikkei, corporate profit growth trends in Japan, and more.

Persons: Shuntaro Takeuchi, Matthews Organizations: Matthews Japan Fund, Japan's Nikkei Locations: Matthews Japan, Japan

☆ Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
▼ + stars: | 2023-11-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Hiroki Takeuchi, GoCardless chief executive, on the MoneyConf Stage, attends Web Summit 2021 in Lisbon, Portugal. Last year, GoCardless acquired the Latvian open banking startup Nordigen in its first major acquisition. Open banking is one thing and definitely something we think is really important." GoCardless' technology allows firms to collect direct debit payments from consumers. What is open banking?

Persons: Hiroki Takeuchi, Harry Murphy, We're, GoCardless, Takeuchi, Rapyd, they're, we've, Nordigen Organizations: Sportsfile, Getty, GV, CNBC, Tink, PayU GPO, GoCardless Locations: Lisbon, Portugal, British, Latvian, Britain, Statista, London

☆ Hollywood writers union ratifies three-year labor contract after strike
▼ + stars: | 2023-10-09 | by ( Lisa Richwine | ) www.reuters.com time to read: +3 min

SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. Members of the SAG-AFTRA actors union walked off the job in July and were meeting studio negotiators again on Monday to try to reach an agreement. The Alliance of Motion Picture and Television Producers (AMPTP), which represents Walt Disney (DIS.N), Netflix (NFLX.O) and other media companies, said the contract "represents meaningful gains and protections for writers." "It is important progress for our industry that writers are back to work," the group said in a statement. Negotiators for the SAG-AFTRA actors union continued contract talks with studios on Monday.

Persons: Mike Blake, Meredith Stiehm, Walt Disney, Jimmy Kimmel, Bill Maher, ”, Lisa Takeuchi Cullen, Lisa Richwine, Chris Reese, Marguerita Choy Organizations: Writers Guild of America, Disney Studios, REUTERS, WGA, SAG, UPS, Alliance, Television Producers, Walt, Netflix, Milken, Thomson Locations: Burbank , California, U.S, Hollywood, United States, Detroit, California

☆ Hollywood writers ratify new contract with studios
▼ + stars: | 2023-10-09 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Writers Guild of America East members walk a picket line at the Paramount+ Summit outside the Paramount Building in Times Square in New York City on May 17, 2023The Writers Guild of America has officially ratified its new three-year contract with Hollywood studios. The guild on Monday announced that 99% of its membership voted to ratify the new deal, with 8,435 votes for "yes" and only 90 for "no." "Through solidarity and determination, we have ratified a contract with meaningful gains and protections for writers in every sector of our combined membership," said Meredith Stiehm, president of Writers Guild of America West. The guild also negotiated higher contribution rates to health benefits and pensions, as well as a guaranteed number of writers in writers' rooms for television shows. "Until the studios make a deal that addresses the needs of performers, WGA members will be on the picket lines, walking side-by-side with SAG-AFTRA in solidarity," said Lisa Takeuchi Cullen, president of Writers Guild of America East.

Persons: Meredith Stiehm, Jimmy Fallon, Jimmy Kimmel, Seth Meyers, Stephen Colbert, John Oliver, Lisa Takeuchi Cullen Organizations: Guild of America East, Paramount, Guild of America, Hollywood, Monday, Writers Guild of America West, WGA, American Federation of Television, Radio Artists, Disney, Netflix, Universal, Warner Bros, Discovery, SAG, Writers Guild of America East, Comcast, CNBC, NBCUniversal Locations: New York City, NBCUniversal

CNN —Members of the Writers Guild of America union ratified a new contract with Hollywood and television studios, the WGA said in a statement released Monday. Of the 8,525 valid votes cast, 99% of WGA members voted to ratify the new contract, which will last from September 25, 2023, through May 1, 2026, the release said. “The AMPTP member companies congratulate the WGA on the ratification of its new contract, which represents meaningful gains and protections for writers. The writers’ strike began in May and ended last month — after 148 days — following a tentative contract agreement made between the union and the AMPTP. The writers’ strike, coupled with the ongoing SAG-AFTRA actors’ strike, hobbled the entertainment industry’s ability to do business over the last few months.

Persons: ”, Meredith Stiehm, Lisa Takeuchi Cullen, “, ’ Organizations: CNN, Writers Guild of America, Hollywood, WGA, Alliance, Television Producers, SAG, Netflix, Disney, Hollywood’s Locations: “

☆ Japan's re-defined intervention trigger may slow, but not derail, yen bears
▼ + stars: | 2023-10-06 | by ( Leika Kihara | ) www.reuters.com time to read: +5 min

[1/2] A man looks at an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and Nikkei share average outside a brokerage in Tokyo, Japan October 4, 2023. While money flow data suggest there was no intervention, the price action was enough to keep yen bears at bay. Rather, the remarks by Kanda were likely a fresh warning shot to markets that authorities could step in any time - even if yen moves were moderate, they say. Intervention isn't the best tool to arrest steady yen declines anyway, said former currency diplomat Hiroshi Watanabe. "There's no point intervening when yen moves are gradual," Watanabe told Reuters.

Persons: Issei Kato, Masato Kanda, that's, Kanda, Tokyo's, Atsushi Takeuchi, They're, Daisaku Ueno, Mitsubishi UFJ, Mitsubishi UFJ Morgan Stanley, Hiroshi Watanabe, Watanabe, Leika Kihara, Tetsushi, Shri Navaratnam Organizations: U.S ., Nikkei, REUTERS, Tokyo, Authorities, Bank of, U.S . Federal Reserve, Treasury, Mitsubishi, Mitsubishi UFJ Morgan, Mitsubishi UFJ Morgan Stanley Securities, Reuters, Thomson Locations: Tokyo, Japan, TOKYO, United States

ELLEN STUTZMANEllen Stutzman was the one sitting across the table from Lombardini in the failed negotiations that led to the writers strike. Stutzman, also an attorney, took over as chief negotiator for the Writers Guild on Feb. 28, just two weeks before contract talks began. She still has the title from her previous role: assistant executive director for the Writers Guild of America West. Drescher's less-known counterparts on the writers' side — technically two unions that unite for negotiations and strikes — are Michael Winship and Meredith Stiehm. Winship is president of the Writers Guild of America East and Stiehm president of its counterpart in the West.

Persons: ”, CAROL LOMBARDINI, Carol Lombardini, she’s, ELLEN STUTZMAN Ellen Stutzman, David Young, Stutzman, ” Stutzman, “, Lombardini, Bob Iger, David Zaslav, Ted Sarandos, Iger, Sarandos, “ Lilyhammer, Max, FRAN DRESCHER Fran Drescher, Drescher, she's, ” Drescher, Michael Winship, Meredith Stiehm, Winship, Stiehm, He's, Lisa Takeuchi Cullen, DUNCAN CRABTREE, Duncan Crabtree, Crabtree, Davis, ” Crabtree, I’d, Krysta Fauria, Damian Dovarganes Organizations: ANGELES, —, Hollywood, Alliance, Television Producers, University of Chicago, Stanford, Writers, Writers Guild of America, AP, WGA, School of Industrial and Labor Relations, Cornell University, Service Employees International Union, United Healthcare Workers, Writers Guild, Disney, Warner Bros . Discovery, Netflix, Warner, HBO, Screen, American Federation of Television, SAG, Associated Press, Yorkers, CBS, PBS, Sesame, AFTRA's, Georgetown, University of California Locations: Hollywood, Lombardini, Boston, Queens , New York, IRELAND, Ireland, Memphis, London, Dallas, Crabtree, Los Angeles

Unions have nowhere near the pull, or members, that they did decades ago, yet something has changed. Fain became president of United Auto Workers this year, but his time with the union began at that then-Chrysler plant in 1994. He vowed to clean up the union and unite members following a wide-ranging scandal that landed two former presidents in prison. The union under Fain has threatened to hit more plants if there is not enough movement from automakers during negotiations. Corporate greed is the problem.”Sean O'Brien, International Brotherhood of TeamstersMuch of what you need to know about Teamsters president Sean O'Brien is right there in his handle for X/Twitter: @TeamstersSOB.

Persons: Shawn Fain, Fain, Fain “, ” Fain, “ We’re, ” Sean O'Brien, Sean O'Brien, James Hoffa, Jimmy Hoffa, Hoffa, O’Brien, O'Brien, ” O’Brien, Fran Drescher, AFTRA Fran Drescher, ”, She's, they're, Drescher, “, —, Television Producers, Michael Winship, Lisa Takeuchi Cullen, WGAE’s, Takeuchi Cullen, ” Meredith Stiehm, Rich Talarico, Peele Organizations: Unions, Hollywood, UPS, United Auto Workers, Chrysler, UAW, General Motors, Ford, Fiat Chrysler, Detroit, Brotherhood, Teamsters, Amazon, Screen Actors, American Federation of Television, Radio Artists, SAG, Associated Press, Alliance, Television Producers, Writers Guild of America, WGA, Television, Writers Guild of America East, “, CBS, Writers Guild of America West Locations: Missouri , Michigan, Ohio, Kokomo , Indiana, Boston, Hollywood

☆ The economy of southeast Asia is seeing slower growth, OECD deputy secretary-general says
▼ + stars: | 2023-09-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe economy of southeast Asia is seeing slower growth, OECD deputy secretary-general saysYoshiki Takeuchi, deputy secretary-general of the OECD, talks about the economic outlook for southeast Asia.

Persons: Yoshiki Takeuchi Locations: Asia

☆ Dollar hovers near two-month high, yen near 146/dlr
▼ + stars: | 2023-08-23 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The dollar index , which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. The index is up 1.6% in August and is on course to snap its two-month losing streak. The Australian dollar rose 0.40% to $0.645, while the New Zealand dollar rose 0.29% to $0.596. In cryptocurrencies, bitcoin last rose 0.77% to $26,049, having touched two-month low of $25,350 overnight.

Persons: Florence Lo, Christopher Wong, Jerome Powell's, Wong, Thomas Barkin, Saira Malik, Atsushi Takeuchi, Fumio, Takeuchi, bitcoin, Ankur Banerjee, Christopher Cushing Organizations: U.S, REUTERS, Rights, Federal Reserve, Richmond Fed, Nuveen, Bank of, New Zealand, Thomson Locations: , Wyoming, OCBC, Singapore, U.S, tenterhooks, Tokyo, Japan

☆ Dollar hovers near two-month high, yen near 146 per dollar
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: +3 min

Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. The U.S. dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index , which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. In cryptocurrencies, bitcoin last rose 0.77% to $26,049, having touched two-month low of $25,350 overnight.

Persons: Christopher Wong, Jerome Powell's, Wong, Thomas Barkin, Saira Malik, Atsushi Takeuchi, Fumio, Takeuchi, bitcoin Organizations: U.S, The U.S, Federal Reserve, Richmond Fed, Nuveen, Bank of, New Zealand Locations: Tokyo, Japan, The, , Wyoming, OCBC, Singapore, U.S, tenterhooks

☆ Man walked into a Southern California bar and shot his soon-to-be ex-wife and several others, killing 3 and injuring 6, authorities say
▼ + stars: | 2023-08-23 | by ( Jamiel Lynch Taylor Romine Josh Campbell Cheri Mossburg | Jamiel Lynch | Taylor Romine | ) edition.cnn.com time to read: +6 min

After opening fire inside the bar, Snowling retreated to a back parking lot area and began to retrieve two more guns, Barnes said. Established in 1884, Cook’s Corner bills itself as one of the oldest and most famous biker bars in Southern California, hosting regular specials and open mic nights. Cook's Corner bar is seen in an image taken prior to the night of the shooting. “We are Saddened by the news from Cooks Corner,” the band posted on its Facebook page overnight. “Our thoughts, prayers & condolences go out to everyone in the Cooks Corner community.”“We’ve experienced major earthquakes, forest fires, floods, recessions and other disasters,” the Cook’s Corner website reads.

Persons: John Snowling, Don Barnes, Snowling, Barnes, sheriff’s, “, Jeff Hallock, Tonya Clark, Glen Sprowl Jr, John Leehey, Tetsuya Takeuchi, Snowling’s, Takeuchi, isn’t, Etienne Laurent, Shutterstock Snowling, ” Jonathan Div, ” “, Katrina Foley, Gavin Newsom, ” Newsom, ” Barnes, Todd Spitzer, ”, “ We’ve Organizations: CNN, Orange County Sheriff, Twitter, Providence Mission Hospital, Authorities, Ventura Police Department, Sheriff’s Department, Company Locations: Southern California, Orange, Orange County, Scottsdale , Arizona, Stanton , California, Irvine , California, Los Angeles, Providence, Ohio, Camarillo , California, Camarillo, California, America, Clearwater

☆ Ex-BOJ official predicts no yen intervention until breach of 150 threshold
▼ + stars: | 2023-08-22 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

The dollar stood at 146.125 yen on Tuesday, staying near a nine-month high of 146.565 hit last Thursday. But anxiety over the weak yen appears less than a year ago as households are becoming accustomed to rising prices, he said. The benefits of a weak yen are also becoming clearer due to Japan's re-opening of borders, which is reviving inbound tourism and domestic service-sector firms, he added. "Public discontent over the weak yen isn't escalating to a scale seen last year," he said. But authorities could intervene if the yen speeds up its pace of declines and breaches 150 to the dollar, he said.

Persons: Yen, Dado Ruvic, Takeuchi, Kishida, Fumio Kishida, Atsushi Takeuchi, Japan's, Leika Kihara, Simon Cameron, Moore Organizations: REUTERS, FX, Reuters, Ricoh Institute of Sustainability, Ministry of Finance, Thomson Locations: Tokyo, TOKYO, Japan

☆ Maruti Suzuki goes upmarket in India with new seven seater
▼ + stars: | 2023-07-05 | by ( Aditi Shah | ) www.reuters.com time to read: +3 min

[1/3] Hisashi Takeuchi, MD & CEO of Maruti Suzuki India Ltd. and Shashank Srivastava, Senior Executive Officer, Marketing and Sales of Maruti Suzuki India Ltd., pose after the launch of multi-purpose vehicle Invicto in Gurugram, India, July 5, 2023. REUTERS/Sunil KatariaNEW DELHI, July 5 (Reuters) - Maruti Suzuki, India's biggest automaker, is looking to break into the premium car segment with its new seven seater, as a growing number of buyers opt for bigger, feature-packed cars. Maruti, known for small and compact cars that are mostly priced below 1 million rupees ($12,000), on Wednesday launched the Invicto seven seater with a hybrid powertrain starting from around 2.5 million rupees ($30,000). Maruti, majority owned by Japan's Suzuki Motor (7269.T), made its name as a mass market car brand offering affordable prices and low maintenance costs. When it comes to premium cars, or those typically priced above 2 million rupees, buyers tend to turn to the likes of Toyota Motor (7203.T) or Volkswagen (VOWG_p.DE), say analysts.

Persons: Hisashi Takeuchi, Shashank Srivastava, Sunil Kataria, Maruti Suzuki, Takeuchi, Japan's Suzuki, Srivastava, Aditi Shah, Mark Potter Organizations: Maruti Suzuki India Ltd, REUTERS, Maruti, India's, Wednesday, Japan's, Toyota Motor, Volkswagen, Thomson Locations: Gurugram, India, DELHI

The preliminary report said Nissan had installed two sets of security cameras at the entrance to Gupta's house in Tokyo's Shibuya ward, the people said. Uchida and Gupta, who was still a Nissan director and chief operating officer on June 20, were recused from the board meeting. In his letter, Nada asked for an international law firm to be brought in to investigate the surveillance of Gupta. Reuters was unable to determine if either law firm had made any finding about the harassment claim itself, beyond how it was handled. Nada said in his letter he understood that Japanese law firm Anderson Mori & Tomotsune had investigated the claim.

Persons: Ashwani Gupta, Makoto Uchida, Davis Polk, Gupta, Uchida, Nissan, Akira Takeuchi, Hari Nada, Nada, Iwata Godo, Motoo Nagai, Nagai, Anderson Mori, Tomotsune, Daniel Leussink, Maki Shiraki, Kevin Krolicki, David Clarke Organizations: Nissan, Renault, Reuters, NEW, Senior Renault, Thomson Locations: Yokohama, Tokyo's Shibuya, Tokyo, French, Austin , Texas

TOKYO, June 24 (Reuters) - Nissan (7201.T) has launched an investigation into claims by a senior adviser that Chief Executive Makoto Uchida carried out surveillance of his deputy Ashwani Gupta, four people with direct knowledge of the matter said. In the letter, Nada said Uchida carried out surveillance over a long period. Asked to comment on the surveillance investigation, Nissan said in response to Reuters: "Independent third parties have been retained to verify facts and carry out appropriate actions." Nada did not detail in the letter how he knew of the alleged surveillance of Gupta. Nada is a member of two executive committees established by Nissan in 2019 as part of a governance reform after the Ghosn scandal.

Persons: Makoto Uchida, Ashwani Gupta, Hari Nada, Nada, Uchida, Renault, Gupta, Nissan, Akira Takeuchi, Anderson Mori, Tomotsune, Carlos Ghosn, Ghosn, Jean, Dominique Senard, Luca de Meo, de Meo, Greg Kelly, Nissan's, Ampere, David Dolan, Gilles Guillaume, Kevin Krolicki, David Clarke Organizations: Nissan, Financial Times, Reuters, Renault, NISSAN, RENAULT, Thomson Locations: TOKYO, Tokyo, Lebanon, Japan, Paris

☆ Alphabet-backed U.K. payment firm GoCardless to cut 15% of headcount
▼ + stars: | 2023-06-13 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Alphabet -backed British fintech unicorn GoCardless has said it will reduce its global headcount by 15%, slashing 135 roles in a bid to cut costs. A separate 15 roles will be transferred from Britain to Latvian capital Riga. The payments firm most recently raised $312 million in a Series G funding round in February, earning a $2.1 billion valuation. Its backers include Alphabet's venture capital investment arm GV, BlackRock and Permira. Takeuchi hinted at the firm's renewed focus on profitability to CNBC in comments at the Money 20/20 conference last week.

Persons: GoCardless, Hiroki Takeuchi, Permira, Takeuchi, CNBC's Ryan Browne, — CNBC's Ryan Browne Organizations: GV, CNBC Locations: British, Australia, New Zealand, Britain, Latvian, Riga, London, BlackRock

☆ Japan optimism has been fueled by 'game-changing' reforms and Warren Buffett: Here's what you need to know
▼ + stars: | 2023-06-13 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

The Tokyo Exchange Group recently finalized its market restructuring rules. Warren Buffett's bullish calls on Japanese equities has also helped boost confidence among foreign investors. It could in turn lead to a domino effect among other Japanese companies once the big players start to make changes. Corporate governance is the "third arrow" of the three core tenets of Abenomics — monetary easing and fiscal stimulus are the other two. Buffett's May disclosures helped spur 10 straight weeks of net foreign purchases of Japanese equities.

Persons: Richard A, Brooks, Oliver Lee, Warren Buffett's bullish, —, Yunosuke Ikeda, Nomura's Ikeda, Shinzo Abe, Warren, Berkshire, Asli, Shuntaro Takeuchi, Matthews Asia, Buffett, Berkshire Hathaway, that's, Matthews Asia's Takeuchi, We're, Oliver Lee Eastspring, Eastspring's Lee Organizations: Afp, Getty, Nikkei, Tokyo Stock Exchange, Tokyo Exchange Group, CNBC, Tokyo bourse, Berkshire Hathaway, Kyoto, Investing, Buffett, Foreigners, Japan Ministry of Finance, Kyoto University's Graduate School of Management, Graduate School of Economics, Mitsui & Co, Hitachi Locations: Japan, Tokyo, Singapore, Abenomics, San Francisco

So what's hot in fintech right now? One area fintech companies are getting excited by is an improvement to online checkout tools. Callan Carvey, global head of operations at Cleo, said the firm's AI connects to a customer's bank account to get a better understanding of their financial behavior. "A job that typically would take around one or two weeks can now be completed in 30 minutes, right. Several fintech executives CNBC interviewed spoke of how they're not interested in launching products tailored to crypto as the demand from their customers isn't there.

Persons: MacKenzie Sigalos, hasn't, they've, Starling, Richard Davies, Davies, Niklas Guske, —, B2C fintechs, David Singleton, Guske, dazzled, Cleo, Callan Carvey, Carvey, Teo Blidarus, Taktile's, Hiroki Takeuchi, Takeuchi, Changpeng Zhao, they're, Jack Zhang, Zhang, Prajit Nanu, cryptocurrencies, Banks, Nanu Organizations: Bank, fintechs, CNBC, Business, Allica Bank, B2B, Tiger, Schroders Capital, Atom Bank, Schroders, U.S . Securities, Exchange Commission, SEC, U.S, cryptocurrencies Locations: Amsterdam, MacKenzie Sigalos AMSTERDAM, Netherlands, British, Atomico, U.S

Search resuls for: "Takeuchi"

25 mentions found