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DOHA, June 21 (Reuters) – Elon Musk, CEO of Tesla (TSLA.O)said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world’s richest man predicted a US recession was more likely than not. His remarks were his most detailed explanation of job cut plans and his first …
Anticipating US downturn, Elon Musk details Tesla staff cuts Read More »
Recession fears affect almost everyone. Even the richest man in the world, who has just left the most select club on the planet. Elon Musk, the CEO of electric vehicle manufacturer Tesla (TSLA) – Get Tesla Inc. Report, remains the richest man in the world, but his fortune has fallen sharply. Since June 13, Musk, …
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June 14 (Reuters) – The crypto market’s a hot mess, leaving many investors struggling to turn a buck. Enter the arbitrators. Bitcoin and other cryptocurrencies have either been shackled to ranges or in decline since January, leaving your regular buy-and-hold investor with little option but to sell or to wait for the elusive rally. One …
Cryptoverse: The funds making money from messy markets Read More »
Coinbase boss Brian Armstrong is urgently disgruntled employees to quit the company after an anonymous online petition called for several key executives at the embattled cryptocurrency firm to be removed from their posts. Armstrong unleashed a tweetstorm in response to a viral petition dubbed “Operation Revive COIN.” The petition, purportedly written by Coinbase employees, called …
Coinbase CEO urges unhappy workers to quit, slams petition Read More »
billionaire tech Larry Ellison’s purchase of a Hawaiian island has made life so expensive at the tropical paradise that families who lived there for generations have been forced to leave, according to a report. Ellison, the 77-year-old CEO of Oracle whose net worth has been pegged at $94.5 billion by Forbes, bought 98% of Lanai, …
Life on Larry Ellison’s Hawaiian island is only for the super-rich Read More »
