DIRS.INFO The most relevant business & tech news

☆ Risk officers are the next hot hire for fintechs reaching consumers in new industries, VCs said. Startups are poaching from big companies to find them.
▼ + stars: | 2022-12-06 | by ( Emilia David | ) www.businessinsider.com time to read: +5 min

Risk officers don't just safeguard data: They take charge of many regulatory and technological issues in financial-services businesses. But only some fintech companies may benefit from thinking about hiring risk officers early. Large banks still dominate hiring for risk officers, but startups are gaining groundFintech startups want to hire risk officers, but they face a hurdle: There aren't enough risk professionals. But fintech startups have been attracting risk officers from banking giants for a while. Still, according to White, there are benefits to hiring risk officers for both types of companies.

[1/2] The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. Ellison, who ran trading firm Alameda Research, has hired Washington-based law firm Wilmer Cutler Pickering Hale and Dorr to represent her, a source familiar with the matter told Reuters. Semafor previously reported Mills' advisory work for Bankman-Fried. FTX secretly transferred customer funds to its affiliate Alameda Research to fill a shortfall at the crypto trading firm, Reuters has previously reported. The Wall Street Journal has previously reported that Ellison and senior FTX officials knew the crypto exchange had dipped into its customer funds to help Alameda meet liabilities.

☆ Mark Benioff has an uncanny ability to have executives come in and fill holes, says Cohesity CEO
▼ + stars: | 2022-12-06 | 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 EmailMark Benioff has an uncanny ability to have executives come in and fill holes, says Cohesity CEOSanjay Poonen, Cohesity CEO and president, joins 'TechCheck' to discuss the fallout from Salesforce's c-suite shake-up, what he thinks is happening with demand and where top Salesforce executives are headed.

☆ Kylian Mbappé continues record-setting pace in France’s World Cup round of 16 victory
▼ + stars: | 2022-12-05 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

The team booked its ticket to the quarterfinals of the 2022 World Cup with a 3-1 victory over Poland. But, the star of the show on Sunday was Kylian Mbappé, who continued his record-setting pace with an emphatic double. France's Olivier Giroud celebrates with Kylian Mbappé after scoring the opening goal against Poland at the 2022 World Cup. Having helped secure the nation’s second World Cup title in 2018 as a 19-year-old, he is continuing his domination four years later. Both Diego Maradona and Cristiano Ronaldo have eight World Cup goals to their names.

☆ Record Giroud, sublime Mbappe send France into quarter-finals with Poland win
▼ + stars: | 2022-12-04 | by ( Julien Pretot | ) www.reuters.com time to read: +4 min

"It's not been easy because they're a well-organised team and we had to make some positional changes at halftime," said Deschamps. Poland's poise came close to being rewarded in the 38th minute when the onrushing Zielinski's shot was parried by Lloris. Jakub Kaminski followed, only for his shot to be saved close to the goal-line by Raphael Varane. NINE WORLD CUP GOALSOne minute from the break, however, France's tactics paid off. Mbappe now has nine World Cup goals to his name, as many as Argentina's 35-year-old Lionel Messi, and became the first player to reach that mark before his 24th birthday.

☆ Sam Bankman-Fried Chucks the Crisis Communications Playbook
▼ + stars: | 2022-12-02 | by ( Nat Ives | ) www.wsj.com time to read: +5 min

The interviews could be a case study in what not to do in a crisis, some communications executives said. “He’s basically breaking every rule that somebody in the crisis communications field would advise,” said Andrew Gilman, president and chief executive at CommCore Consulting Group, a public relations and communications firm. Asked at the DealBook conference whether his lawyers thought it was wise for him to be speaking, Mr. Bankman-Fried said no. If Mr. Bankman-Fried is determined to say something now, Mr. Gilman said he would have advised putting a statement online and declining to take questions yet. But Mr. Sitrick said he couldn’t fully gauge the results of the mini-media tour because he didn’t know Mr. Bankman-Fried’s goals.

☆ Pablo Escobar was gunned down 29 years ago today — here are 3 theories about who took the Medellin kingpin's life
▼ + stars: | 2022-12-02 | by ( Christopher Woody | ) www.businessinsider.com time to read: +10 min

By 1993, Colombian authorities, the US government, and rival criminals were all after Pablo Escobar. "Perseguidos por Pablo Escobar," or People Persecuted by Pablo Escobar — known as Los Pepes — was made up of rival drug traffickers, paramilitaries, and others scorned by the Medellín cartel boss. His son, Juan Pablo Escobar Henao, who has changed his name to Sebastián Marroquín, has insisted that his father took his own life on that Medellín rooftop. "I have no doubt" that Pablo Escobar planned his own death, Marroquín said in a 2014 interview. The question of who killed Pablo Escobar is likely to go unresolved, probably by design.

☆ Emerging market policymakers dare to hope for brighter 2023
▼ + stars: | 2022-11-30 | by ( Roberto Samora | ) www.reuters.com time to read: +3 min

He also said a reopening of China could propel the South Korean economy in 2023. "Actually if China loosens zero-COVID policy and reopens their borders and economy that will be a tremendous stimulus for us. Indian Finance Minister Nirmala Sitharaman forecast a "very good" economy ahead of 2024 national elections, fuelled by capital spending. State finance minister Shehan Semasinghe also said the nation was intent on meeting a December deadline to present plans to help unlock an International Monetary Fund bail-out. Zambia, which defaulted on its sovereign debt in 2020, aims to complete its restructuring of nearly $15 billion of external debt in the first quarter of 2023, Finance Minister Situmbeko Musokotwane said.

☆ Top Canada banks post fall in profits as deals drought offsets rate boost
▼ + stars: | 2022-11-30 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

(Reuters) -Royal Bank of Canada (RBC) and National Bank of Canada, two of the biggest banks in the country, posted a drop in profits as their market-focused businesses took a hit from the central bank’s hawkish monetary tightening campaign. FILE PHOTO: FILE PHOTO: A Royal Bank of Canada (RBC) logo is seen on Bay Street in the heart of the financial district in Toronto, January 22, 2015. To cushion the hit from markets, banks have turned to their lending business that got a boost from the central bank’s rate hikes. While National Bank posted an adjusted profit of C$2.08, below analysts’ expectation of C$2.24. RBC reported a modest drop in profit to C$3.88 billion, while National Bank’s earnings dropped 4% to C$738 million.

The move was criticized by some mental health professionals who said the city should focus on long-term solutions and avoid treating people who refuse. New York Civil Liberties Union Executive Director Donna Lieberman also condemned the plan. New York City continues to contend with crime on public transit. Instead, he said, the city needs sustained engagement, housing, health care support and financial assistance for those in need. “In an ideal situation, you want mental health crisis teams to be the front line.

☆ Public-cloud providers are reimagining themselves as consultants. Here's how AWS, Azure and Google Cloud are helping finance firms use the tech to rethink their business.
▼ + stars: | 2022-11-29 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

In turn, public-cloud providers are reimagining themselves as business consultants. Wall Street firms are embracing the cloud for everything from research to risk and marketing. Cloud providers are building teams to interface with execsFinancial firms making the jump to the cloud are thinking beyond their IT divisions. Some of the largest Wall Street shops are taking the opportunity to rethink how they run their businesses entirely. Wall Street uses cloud to hit the reset buttonSelipsky's comments ring true on Wall Street, where cloud projects can have firm-wide ripple effects.

☆ 7 CEOs on the ‘innovative’ and ‘timely’ books everyone should read this winter
▼ + stars: | 2022-11-27 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Many of the world's most successful CEOs and business leaders swear by their reading habit. CNBC Make It asked 7 CEOs to share their favorite reads for the holiday season. It is so timely and necessary given the pace of work and the amount of distractions. Unlike reading a typical book, which can feel passive, 'Embrace The Work, Love Your Career' is an experiential journal. This book is a quick read that really helped me connect to the ways we tend to tell ourselves stories to self-justify our thoughts and actions.

☆ Oil muted as price cap proposal eases supply concerns
▼ + stars: | 2022-11-24 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

A bigger-than-expected build in U.S. gasoline inventories and widening COVID-19 controls in China also added downward pressure on crude prices. Both benchmarks plunged more than 3% on Wednesday on news the planned price cap on Russian oil could be above the current market level. European Union governments remained split over what level to cap Russian oil prices at to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge. A higher price cap could make it attractive for Russia to continue to sell its oil, reducing the risk of a supply shortage in global oil markets. Oil prices also came under pressure after the Energy Information Administration (EIA) said on Wednesday that U.S. gasoline and distillate inventories rose substantially last week.

A bigger-than-expected build in U.S. gasoline inventories and widening COVID-19 controls in China also added downward pressure on crude prices. Both benchmarks plunged more than 3% on Wednesday on news the planned price cap on Russian oil could be above the current market level. European Union governments remained split over what level to cap Russian oil prices at to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge. A higher price cap could make it attractive for Russia to continue to sell its oil, reducing the risk of a supply shortage in global oil markets. "When one considers that the current Russian export price is below the proposed limit, the price cap automatically implies uninterrupted Russian exports," said PVM Oil analyst Tamas Varga.

☆ GOP election officials in two Arizona counties are delaying certifying their votes on the basis of unproven voting machine claims
▼ + stars: | 2022-11-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Election officials in two Arizona counties are delaying certifying the midterm election results. The officials are citing unproven claims about voting machines in Maricopa County. The decision was made in protest against what some Republicans claim are irregularities in the midterm vote in Maricopa County, the state's largest county. Voting machines have long been the subject of far-right conspiracy theories, especially following Donald Trump's 2020 presidential election defeat, though no claims have been proven. On November 2o it was reported that Arizona Republican Attorney General Mark Brnovich had demanded that county officials provide a report on voting machine issues during the midterms.

☆ Lawmakers from both sides of the aisle push Biden administration to provide Ukraine with lethal 'Gray Eagle' drones
▼ + stars: | 2022-11-22 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Lawmakers are asking the Biden administration to provide Ukraine with MQ-1C "Gray Eagle" drones. The drones, made by General Atomics, can carry four Hellfire missiles. "The long-term upside of providing Ukraine with the MQ-1C is significant," lawmakers wrote. C. Mark Brinkley, a spokesperson for General Atomics, told Insider that lawmakers are right to argue that Ukraine could put the drones into service soon after receiving them. "We believe it would be a game-changing decision to send Gray Eagles to support the Ukrainian defense."

☆ ‘Dancing With the Stars’ names Season 31 winner
▼ + stars: | 2022-11-22 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —“Dancing With the Stars” has crowned a new winner and she’s a TikTok-teen queen. Shangela and Gleb Savchenko danced to to “Queen Bee” by Rochelle Diamante and also scored a 36 out of 40. Host Tyra Banks announced that fourth place went to Shangela and Savchenko. Third place went to Brady and Carson. Second place went to Windey and Chmerkovskiy.

Briana Sanchez/Pool via REUTERS/File PhotoDALLAS, Nov 22 (Reuters) - Conspiracy theorist Alex Jones on Tuesday failed in his bid to slash a nearly $50 million defamation verdict against him over his false claims that the 2012 Sandy Hook mass shooting was a hoax. The judge in that case tacked on an additional $473 million in punitive damages for Jones’ “cruel” conduct earlier this month. Evidence in both cases showed that bogus Sandy Hook claims turbocharged traffic to Infowars and drove sales of its products, including supplements and doomsday supplies. The Sandy Hook families have intervened in the case, alleging Jones is using the proceedings to shield his assets and avoid paying. Another defamation lawsuit against Jones brought by Sandy Hook parents is set to go to trial in Austin, Texas, in March.

☆ An Arizona election official went into hiding over threats as Trump-backed Kari Lake refuses to concede
▼ + stars: | 2022-11-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

A top election official in Maricopa County said Sunday he moved to an "undisclosed location." Maricopa County Supervisor Bill Gates made the move after his office received death threats. Kari Lake, who lost the governor race, raised doubts about the election and suggested legal action. Maricopa County, which includes Phoenix, is the state's most populous, with more than 4.4 million residents. Masters also said there were "obviously a lot of problems with this election," previously citing long lines and issues with ballot printers, but ultimately called Kelly to concede.

☆ Arizona attorney general wants report on voting machine problems
▼ + stars: | 2022-11-20 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Nov 20 (Reuters) - Arizona Republican Attorney General Mark Brnovich's office has demanded that Maricopa County officials provide a report on the voting machine problems that caused some delays in the battleground state during this month's midterm elections. A letter dated Saturday by Assistant Attorney General Jennifer Wright calls for county officials to report by Nov. 28 on the specific problems related to the printers at each location as well on how poll workers were trained. Blake Masters lost to Democratic Senator Mark Kelly, and Kari Lake lost the governor's race to Democrat Katie Hobbs. Lake has yet to concede and continues to make unsubstantiated claims about election improprieties on her Twitter feed. Reporting by Chris Gallagher in Washington; Editing by Scott Malone and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ A veteran chartmaster expects the bear market to continue into 2023 after the latest rally fizzles — but these 4 types of stocks appear to be set up for strong gains next year
▼ + stars: | 2022-11-19 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

David Keller, StockCharts.comThe S&P 500 has pulled back from the critical technical resistance level of 4,000, Keller noted. A round number like that is not only seen as a significant milestone for psychological reasons, but it's also a key Fibonacci retracement level, Keller said. The S&P 500 will likely retest the 3,200 level at some point and will be hovering around current levels by the middle of next year, the veteran chartmaster said. It's currently at 24, down from 33.6 when the S&P 500 was at its mid-October lows. The S&P 500 can hit new highs and break the 5,000 mark by late 2023, Keller said, though he doubts a breakthrough will come any earlier than that.

☆ Watch CNBC's full interview with Barrick Gold President and CEO Mark Bristow
▼ + stars: | 2022-11-18 | 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 EmailWatch CNBC's full interview with Barrick Gold President and CEO Mark BristowBarrick Gold President and CEO Mark Bristow joins 'Closing Bell' to discuss the state of the gold market, the inner workings of Barrick Gold's production capacity and asset supply, as well as the similarities and differences between gold and crypto.

☆ Throughout time, gold has been a safe store of wealth, says Barrick Gold President and CEO Mark Bristow
▼ + stars: | 2022-11-18 | 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 EmailThroughout time, gold has been a safe store of wealth, says Barrick Gold President and CEO Mark BristowBarrick Gold President and CEO Mark Bristow joins 'Closing Bell' to remark on the state of the gold market, the inner workings of Barrick Gold's production capacity and asset supply, as well as the similarities and differences between gold and crypto.

☆ Drake, 21 Savage agree not to use 'Vogue' trademarks to promote No. 1 album
▼ + stars: | 2022-11-17 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

[1/2] Rapper Drake arrives on the red carpet for the film "The Carter Effect" at the Toronto International Film Festival (TIFF), in Toronto, Canada, September 9, 2017. REUTERS/Mark Blinch/File PhotoNEW YORK, Nov 17 (Reuters) - Drake and 21 Savage have stopped using Vogue trademarks to promote their new No. 1 album "Her Loss," and agreed to a preliminary injunction against resuming their campaign. Drake and 21 Savage did not concede liability or wrongdoing, and agreed to the injunction to avoid unnecessary costs, the filing said. The fake Vogue magazine featured Drake and 21 Savage on the cover, and their campaign included a suggestion that they had support from longtime Vogue editor-in-chief Anna Wintour.

WASHINGTON — Conservative lawmakers sent a strong message to House Republican Leader Kevin McCarthy on Monday, telling him he doesn't have the votes to be the next speaker. Drew Angerer / Getty Images“We expect there will be a contest tomorrow, that there will be another candidate, and I don’t think anybody’s going to get 218 votes tomorrow,” said Rep. Bob Good, R-Va., who is opposing McCarthy for speaker. Good has said that a number of Republicans will be interested in jumping into the race once they realize McCarthy can’t secure 218 votes on his own. Jordan, the founding chairman of the caucus who unsuccessfully challenged McCarthy for minority leader in 2018, also is backing McCarthy. Period.”Inside the candidates forum on Monday, McCarthy was pressed by Rep. Matt Gaetz, R-Fla., a frequent McCarthy critic, on whether he would work with Democrats to secure 218 votes for speaker.

Search resuls for: "Mark B"

25 mentions found