Today, Paramount announced Bob Bakish was stepping down from his role as CEO and from its board of directors. The news came amid ongoing exclusive acquisition talks with Skydance Media and ahead of the company's first-quarter earnings call, which Bakish wasn't expected to join. In the CEO's absence, Paramount Global has established an "Office of the CEO," led by George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios and Paramount...
Following his arrest, the Kenya Police Service is expediting moves to extradite fugitive Binance executive, Nadeem Anjarwalla, to Nigeria within the week, The PUNCH has learnt. Anjarwalla who escaped from lawful custody in Nigeria in March, was in April tracked down in Kenya by a team comprising operatives drawn from the International Criminal Police Organisation, Read More
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution
On Tuesday, crypto took another blow from the US as industry icon “CZ” was sent to prison. This time it was Changpeng Zhao (CZ), the founder and former CEO of Binance, crypto’s largest centralised exchange, feeling the wrath of the US government. CZ received a four-month federal prison sentence for his role as CEO of the exchange and for breaching the Bank Secrecy Act. He will be the first CEO to go to prison for non-compliance with this act.
The sea should not be an arena where countries can flex their 'gunboat muscles,' says Zhang Youxia, vice chairman of the Central Military Commission and a close ally of President Xi Jinping
The Kenya Police Service has arrested fleeing Binance executive, Nadeem Anjarwalla, as the International Criminal Police Organisation moves to extradite him to Nigeria within the week. Government sources familiar with the case who spoke on condition of anonymity because they were not authorised to speak on the matter confirmed the development to our correspondent on Read More
SEATTLE >> Changpeng Zhao, the former chief executive of Binance, was sentenced today to four months in prison after pleading guilty to violating U.S. money-laundering laws at the world’s largest cryptocurrency exchange.
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, who promised the country would "always" be open to foreign firms.Chinese state broadcaster CCTV said that during their meeting, Li had promised the country would do more to help foreign firms.
Musk -- one of the world's richest people -- arrived in China earlier the same day on his second trip in less than a year to the world's biggest market for electric vehicles.Chinese state broadcaster CCTV said that during their meeting, Li had promised the country would do more to help foreign firms."China's very large-scale market will always be open to foreign-funded firms," Li was quoted as saying."China will stick to its word and will continue working hard to expand market access and...
The ex-CEO is about to learn if he’ll be the richest US inmate ever. But, with friends on the company’s board, his ownership of the exchange intact and the mother of his children helping to run the show, his case is nothing like FTX’s.
The teenage child of former Slack CEO Stewart Butterfield has been located safely after having run away from home, officials announced Sunday. Mint Butterfield, 16, was found in San Francisco at 11:30 p.m. local time Saturday, the Marin County Sheriff's Office said in a statement Sunday. Mint was last seen at home in Bolinas, California, on April 21 and was reported missing on the morning of April 22. Bolinas is about 30 miles northwest of San Francisco. San Francisco police found Mint in San...
In a letter addressed to US Judge Richard A. Jones for the Western District of Washington, former Binance CEO Changpeng Zhao, commonly known as “CZ,” expressed his remorse and apologized for what he called “poor decisions” made during his tenure as the head of the cryptocurrency exchange. The letter was filed on Tuesday, ahead of […]