Binance’s chief financial officer Kaiser Ng is leaving the cryptocurrency exchange. According to Bloomberg, co-CEO Yi He said in a statement that Ng’s departure will allow him to “pursue a new venture after more than five years at Binance,” and that a transition plan has been “implemented over the last half year.” The announcement comes
Good morning. By 2030, the AI ecosystem will need about $2.6 trillion in annual end-market spending to support data centers, chips, model development, and investor returns, according to a BCG Institute analysis. Enterprises would account for $1.8 trillion of that total, followed by consumers at $366 billion, hyperscalers’ internal use at $204 billion, and emerging
Leaders in the corporate world are familiar with a sports metaphor: They want to get a project across the finish line or make sure workplace standards are up to par. But many seemingly fail to carry forward the value athletes have in rest. ServiceNow president and Chief Financial Officer Gina Mastantuono, who has espoused the
Super Micro Computer, the troubled hardware ally of Nvidia and Elon Musk’s SpaceX, has finally hired a new head of finance. The appointment comes nearly two years after a board-level independent investigation led the company to commit to “immediately” begin searching for a replacement for longtime chief financial officer David Weigand. Mark Long, 59, replaced
Good morning. At age 96, Warren Buffett has officially closed the book on his more than six-decade tenure as chairman of Berkshire Hathaway. Buffett stepped down as chairman on Sept. 18, effective immediately, and was succeeded by his son, Howard G. Buffett, a Berkshire director for 33 years. The move caps a leadership transition that
Good morning. AT&T’s Pascal Desroches has spent his career thinking of his professional life as a series of chapters, each shaped, he says, “by change, challenge, and the opportunity to help navigate moments that mattered.” On Dec. 31, he’ll close the AT&T chapter, retiring as CFO after more than five years in the role and
