Three years after reporting to federal prison, the Theranos founder convicted of cheating investors in a notorious blood-testing scam will move to a halfway house near Austin next summer. Her sentence, however, continues to run until 2030.
The argument that the cost of innovation needs money doesn’t really warrant a percentage of transaction. Technology costs should come down as transactions grow.
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Claire McDonough | GE Vernova GE Vernova appointed Claire McDonough as the energy firm’s new CFO. McDonough will join the company in November before taking over as finance chief on Jan. 1, 2027. McDonough is currently chief…
Prime Minister Narendra Modi on Tuesday urged the fintech ecosystem to expand the global reach of the Unified Payments Interface (UPI), connect it with local systems in other countries, and help the diaspora save on remittance costs. In his address after the inauguration of the 7th edition of the Global Fintech Fest here, Modi said…
Joseph Moore is a crypto billionaire. That’s technically true, and it means almost nothing. He printed over a billion tokens of his own currency, bought a sliver of the supply for a few hundred dollars, watched the exchange multiply that price by every token in existence, and became a “billionaire” on paper. He hollered up…
Canva has spent years proving that it can do something many high-growth startups struggle to achieve: grow rapidly while making money. Then came generative AI. The design-software company cut its expected revenue growth rate by a third to 20% after the unexpectedly high cost of delivering AI features prompted it to slow its rollout. Canva…
On the Inside SMAs podcast powered by Zephyr’s PSN, host Ryan Nauman speaks with Mario Valente, deputy CIO at Stansberry Asset Management, a 10+ year RIA with nearly $1.4B AUM and offices in Dallas (HQ), New York City, the San Francisco Bay Area, and Washington State. Valente explains the firm’s focus on capital preservation and…