DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Coinbase Ceo"


18 mentions found


☆ Coinbase CEO expects revenue to plunge over 50% - Bloomberg News
  + stars: | 2022-12-07 | by ( ) www.reuters.com   time to read: 1 min
[1/2] A representation of cryptocurrency is seen in front of Coinbase logo in this illustration taken March 4, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoDec 7 (Reuters) - Cryptocurrency exchange Coinbase Global Inc (COIN.O) revenue is set to reduce to half this year, Bloomberg News reported, citing an interview with chief executive officer Brian Armstrong. Coinbase did not immediately respond to a Reuters request for comment. Reporting by Mehnaz Yasmin in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
☆ Andreessen Horowitz's buzzy tech publication Future is shutting down
  + stars: | 2022-12-01 | by ( Rob Price | Melia Russell | ) www.businessinsider.com   time to read: +12 min
A source familiar with Andreessen Horowitz's content strategy confirmed to Insider that Future is shutting down. An Andreessen Horowitz spokesperson declined to comment on the record. Joe LonsdaleIn this new climate, many tech and venture firms' media strategy has shifted from glorified marketing to a more full-fledged editorial operation. In 2021, an army of more than two dozen marketers at Andreessen Horowitz doubled down on this approach. Disclosure: Melia Russell's husband is a former employee of Andreessen Horowitz.
☆ Premarket stocks: Is the dollar's relentless rise coming to an end?
  + stars: | 2022-11-22 | by ( Julia Horowitz | ) edition.cnn.com   time to read: +7 min
At last, however, its breakneck rally could be coming to an end. Last week, investors turned bearish on the greenback for the first time since July 2021, according to data from Societe Generale. First, there was the surprising inflation data in the United States, which showed that prices rose more slowly than expected in October. If these economies perform better than expected, the United States won’t look like the only game in town — and other currencies could look appealing again. About 261,000 positions were added in October, and by next summer, the bank expects monthly gains of closer to 50,000.
☆ Coinbase shares tumble as bitcoin slide continues, investors fear contagion from FTX collapse
  + stars: | 2022-11-21 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +3 min
Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Coinbase shares fell more than 8% Monday, extending a slide that's pushed the crypto exchange to its lowest point since its market debut in April 2021. The drop comes as bitcoin's slump continues and investors worry about contagion from FTX's spectacular collapse earlier this month. In June, the crypto exchange slashed 18% of its workforce. WATCH: CNBC's full interview with Coinbase CEO Brian Armstrong
☆ Why corporate leaders like Mark Zuckerberg, Jack Dorsey, and Evan Spiegel are all apologizing for the massive layoffs at their companies
  + stars: | 2022-11-15 | by ( Sarah Belle Lin | ) www.businessinsider.com   time to read: +10 min
Since the pandemic, the largest tech layoffs have been at Meta, Getir, Booking.com, Twitter, Uber, Better.com., Peloton, and Groupon, Layoffs.fyi data show. Now companies in tech are reversing some of the huge hiring that they did in the past couple of years, Lee said. Mark Zuckerberg, MetaFacebook CEO Mark Zuckerberg speaks about "News Tab" at the Paley Center, in New York on October 25, 2019. In the memo he wrote: "Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended. Jack Dorsey, ex-CEO TwitterTwitter CEO Jack Dorsey testifies before the House Energy and Commerce Committee in Washington, DC, in 2018.
☆ Chamath Palihapitiya said Sam Bankman-Fried once pitched him, but after the investor suggested changes like forming a board, FTX told him to get lost
  + stars: | 2022-11-15 | by ( Britney Nguyen | ) www.businessinsider.com   time to read: +3 min
Sam Bankman-Fried once pitched Social Capital, but Chamath Palihapitiya said he "didn't make much sense." After the Zoom meeting, the firm sent FTX recommendations if things were to proceed, including the formation of a board. Palihapitiya said that FTX then told his firm to "go fuck yourself" for suggesting changes. He said Bankman-Fried pitched Social Capital while raising a $17 billion round. Palihapitiya said he still thought Bankman-Fried and FTX were in "the bucket of these guys are unbelievably arrogant and smug."
☆ Watch CNBC's full interview with Coinbase CEO Brian Armstrong on the FTX fallout
  + stars: | 2022-11-14 | 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 Coinbase CEO Brian Armstrong on the FTX falloutCoinbase CEO Brian Armstrong joins Andrew Ross Sorkin on CNBC's Power Lunch to discuss the growing fallout from the liquidity crisis hitting rival crypto exchange FTX.
☆ The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means
  + stars: | 2022-11-12 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +6 min
Two years later, Bankman-Fried and his team launched FTX, a crypto exchange platform with perks like low trading fees and advanced options for traders. At his peak, Bankman-Fried was worth $26 billion, though his net worth had dropped to $16 billion before this week. In early November, crypto publication CoinDesk released a bombshell report that called into question just how stable Bankman-Fried's empire really was. Now, the FTX drama is creating a ripple effect throughout the crypto industry. Industry experts told Insider that the saga might encourage regulators to try to crack down on the crypto industry, or make big banks wary of letting customers trade crypto.
☆ 'This dude is bullshit': Elon Musk describes the first time he met now disgraced FTX founder Sam Bankman-Fried
  + stars: | 2022-11-12 | by ( Bethany Biron | ) www.businessinsider.com   time to read: +3 min
Elon Musk said his "bullshit meter was redlining" after meeting with Sam Bankman-Fried before the Twitter takeover to discuss an investment. Musk said he felt there was "something wrong" during the discussion. And I know my bullshit meter was redlining. Bankman-Fried stepped down as CEO, lost 94% of his net worth, and admitted he "fucked up twice" in an apology on Twitter. Musk tweeted early Saturday morning "FTX meltdown/ransack being tracked in real-time on Twitter" and also posted a crude meme of Bankman-Fried.
☆ Op-ed: Crypto markets need regulation to avoid more washouts like FTX, says Coinbase CEO Brian Armstrong
  + stars: | 2022-11-11 | by ( Brian Armstrong | Coinbase Ceo | ) www.cnbc.com   time to read: +5 min
The problem is that, so far, U.S. regulators have refused to provide clear, sensible regulations for crypto that would protect consumers. All of this helps explain why more heavy-handed regulation would just make the problem of crypto companies and crypto users going overseas worse. Instead, we need smarter regulation that protects consumers and makes the U.S. a more attractive place for crypto companies to operate. Despite the prevailing notion that crypto companies don't want to be regulated, many — if not most — companies have been working with policymakers for years. Until then, however, regulators need to establish clear rules that bring crypto back on-shore, encourage innovation, and protect consumers.
☆ Coinbase's CEO says FTX's Sam Bankman-Fried reached out for emergency funds: 'It felt like a pretty bad situation that we wanted to stay away from'
  + stars: | 2022-11-10 | by ( Samantha Delouya | ) www.businessinsider.com   time to read: +3 min
Coinbase CEO Brian Armstrong confirmed to CNBC that Sam Bankman-Fried approached him to try to raise emergency funds for FTX. Armstrong's revelation comes as Bankman-Fried reportedly warned investors that he needs to raise $4 billion in emergency funding or risk bankruptcy, according to a report by Bloomberg. "I f---ed up," Bankman-Fried reportedly told investors. Investors reportedly withdrew $6 billion from the FTX earlier this week on fears of a cryptocurrency meltdown, creating a liquidity crunch for the company. Armstrong told CNBC he felt "duped" by Sam Bankman-Fried after revelations of how FTX reportedly misused customer funds came to light.
☆ Not all companies in cyrpto are set up like FTX was, says Coinbase CEO
  + stars: | 2022-11-10 | 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 EmailNot all companies in cyrpto are set up like FTX was, says Coinbase CEOBrian Armstrong, Coinbase CEO, joins 'Power Lunch' to discuss whether he expected FTX's liquidity crunch, what he thinks happened and if he saw any red flags in his relationship with Sam Bankman-Fried.
☆ Regulators punishing crypto firms for FTX's meltdown 'makes no sense' since most trading activity is offshore, Coinbase CEO says
  + stars: | 2022-11-10 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +2 min
Regulators punishing crypto firms after FTX's crash "makes no sense," according to Coinbase CEO Brian Armstrong. In a tweet, Armstrong pointed to the fact that most crypto trading activity takes place offshore. Binance has since walked away, with the troubled crypto exchange now facing probes by regulators on its handling of client funds. But Armstrong suggested regulatory action may be limited, due to the fact that FTX, which now faces possible bankruptcy, was an offshore crypto exchange not regulated by the Securities and Exchange Commission. Top economist Mohamed El-Erian said that FTX's downfall would keep crypto regulators up at night playing "catch-up".
☆ Coinbase could benefit as crypto exchanges brace for regulatory scrutiny after FTX fallout, analysts say
  + stars: | 2022-11-10 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +4 min
The fall of crypto exchange FTX will likely bring regulatory scrutiny with it – and Coinbase may emerge as a winner, analysts say. “We believe today's events could potentially accelerate regulatory scrutiny on these offshore exchanges on both a national and global basis," a team of Cowen analysts said in a note this week. Retail trading will face several near-term headwinds in the aftermath of the FTX saga – lower crypto adoption, depressed prices, more regulatory scrutiny, potential FTX-related contagion. “Longer term, we expect Coinbase to benefit from clear leadership in adherence to regulatory compliance,” Cowen said. "We view Coinbase as the most regulatory compliant crypto platform globally.” That sentiment was echoed by others on Wall Street this week.
☆ Here's a rundown of tech companies that have announced layoffs in 2022
  + stars: | 2022-11-09 | by ( Sofia Pitt | ) www.cnbc.com   time to read: +8 min
Days after Twitter's new boss Elon Musk slashed half his company's workforce, Facebook parent Meta announced its most significant round of layoffs ever. Last month, Meta announced a second straight quarter of declining revenue and forecast another drop in the fourth quarter. The tech industry broadly has seen a string of layoffs in 2022 in the face of uncertain economic conditions. Lyft: around 700 jobs cutLyft announced last week that it cut 13% of its staff, or about 700 jobs. In a letter to employees, CEO Logan Green and President John Zimmer pointed to "a probable recession sometime in the next year" and rising rideshare insurance costs.
☆ Microsoft cloud leader Scott Guthrie says companies aren't holding off on cloud spending as inflation mounts
  + stars: | 2022-10-12 | by ( Jordan Novet | ) www.cnbc.com   time to read: +5 min
Scott Guthrie, executive vice president of cloud and enterprise at Microsoft Corp., speaks during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Monday, May 7, 2018. But Guthrie said that doesn't seem to be the case with Azure, Microsoft's cloud infrastructure service. "I've not seen the current situation cause people to pause cloud," said Guthrie, executive vice president of Microsoft's cloud and artificial-intelligence group, in an interview with CNBC. Guthrie said he hasn't heard companies saying they would slow their use of cloud computing because of the higher energy costs. That's been a discussion topic among executives at Paris-based health care company Sanofi , which uses cloud services from Amazon , Google and Microsoft.
☆ Google selects Coinbase to take cloud payments with cryptocurrencies and will use its custody tool
  + stars: | 2022-10-11 | by ( Jordan Novet | ) www.cnbc.com   time to read: +4 min
Google said Tuesday that it will rely on Coinbase to start letting some customers pay for cloud services with cryptocurrencies early in 2023, while Coinbase said it would draw on Google's cloud infrastructure. Over time, Google will allow many more customers to make payments with cryptocurrency, Zavery said. Google had previously indicated in May that it was exploring the possibility of adding support for payments with digital currencies. Blockchain technologies such as nonfungible tokens, or NFTs, have become a bigger focus for Google's cloud division. Previously, Google's cloud chief, Thomas Kurian, has pushed for growth in major industries such as media and retail.
☆ The Merge: These 10 podcasts will help you better understand the impact of Ethereum's highly anticipated upgrade on crypto's ecosystem
  + stars: | 2022-09-16 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +1 min
Ethereum's Merge is complete, transitioning its network from Proof of Work to Proof of Stake. Insider compiled a list of podcasts that detail the upgrade's impact on crypto's ecosystem. Ethereum's highly anticipated upgrade, the Merge, has finally happened. The upgrade will cut the network's energy usage more than 99% by changing Ethereum's consensus mechanism from Proof of Work to Proof of Stake. Insider compiled a list of 10 podcasts to help you better understand the Merge and its impact on crypto more broadly.
<< prev 3 next >>
Total: 18