Kraken says all systems operational after issue with Ethereum funding gateway
(Corrects to remove erroneous Refinitiv Instrument Code) (Reuters) -Cryptocurrency exchange Kraken said on Sunday that issues with cryptocurrency Ethereum's funding
2023-07-30 17:50
Chile Delivers Jumbo Interest Rate Cut as Latin America Pivots to Easing Cycle
Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift
2023-07-29 09:54
China’s Central Bank Chief is Task Master Xi Couldn’t Let Retire
By his early twenties, Pan Gongsheng’s ambition had already propelled him from a farming village in eastern China
2023-07-29 06:26
Endgame for Fed's tightening cycle challenged by easing financial conditions
By Michael S. Derby Less tight financial conditions as exhibited by the red-hot stock market may increase the
2023-07-29 02:19
Binance and its CEO seek dismissal of CFTC complaint
(Reuters) -Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by
2023-07-28 20:58
Wage growth cools in a positive sign for the Fed
Wages gains cooled in the second quarter, showing some easing of inflationary pressures, according to data from the Bureau of Labor Statistics released on Friday.
2023-07-28 20:55
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-28 17:25
Europe Wildfire Risk Spreads to French Riviera as Heat Retreats
Europe’s wildfire threat is spreading to the French Riviera, while firefighters in Greece battle more than 100 blazes.
2023-07-28 16:19
Vinci Q2 core profit rises on energy transition, travel recovery
French concessions and construction group Vinci on Friday reported a jump in its half-year core profit, boosted by
2023-07-28 13:27
BOJ takes steps to make YCC more flexible, keeps ultra-low rates
TOKYO The Bank of Japan maintained ultra-low interest rates on Friday but took steps to make its yield
2023-07-28 11:47
US Senator Wyden asks FTC, CISA, DOJ to 'take action' against Microsoft following hack
Oregon Senator Ron Wyden has asked the Federal Trade Commission, the Cybersecurity and Infrastructure Security Agency and the
2023-07-27 23:52
Comcast beats revenue estimates on boost from theme parks, studios
By Helen Coster and Samrhitha A NEW YORK (Reuters) -Comcast Corp beat estimates for quarterly revenue on Thursday, helped by
2023-07-27 21:56