Saudi Arabia Fires CEO of Scandal-Plagued Resort ‘Megacity’ Neom Project
Saudi Arabia abruptly replaced Nadmi al-Nasr, the longtime CEO of its ambitious and controversial “megacity” project, on Tuesday, multiple media reported. reported. Neom is the name of a $500 billion future “zero carbon” city being built on the northern coast of the Red Sea under the orders of Saudi Arabia's Crown Prince Mohammed bin Salman […]
FBI raided home of Polymarket CEO over alleged illegal bets by US users: sources
The FBI's shocking pre-dawn raid on the founder of election gambling site Polymarket turned out to be part of a criminal investigation into whether the company accepted bets from US users. This would violate the agreement the company had with the government. The Justice Department ordered a “court-authorized law enforcement operation” at Shane Coplan's Manhattan […]
I’ve known Polymarket’s CEO for years — here’s why the FBI raid is a scandal
The FBI raid on the founder of online gambling site Polymarket shows that the Lawfare era under the Biden-Harris administration was not over after Donald Trump's decisive victory on Election Day. Instead, the “deep state” chose a quarry that is less famous, less powerful, less wealthy, shorter in stature, and noisier than the next president. […]
Biden’s FBI Raids Home of Polymarket CEO After Gambling Platform Successfully Predicts Trump Victory
Federal agents seized cellphones and electronic devices in an early morning raid on Polymarket CEO Shane Coplan's Manhattan apartment, after the cryptocurrency gambling platform announced that Donald Trump would be the first to vote in the 2024 presidential election. -This was just one week after correctly predicting Trump's stunning victory. of new york post report […]
Disney broadens CEO search to find Bob Iger’s successor
Embattled media giant Disney is expanding its search for Bob Iger's successor beyond the walls of the Magic Kingdom, according to a new report. The Mouse House had considered a small number of candidates internally, but is now working with recruiters from search firm Heidrick & Struggles to consider external candidates for the top job. […]
CEO predicts Trump policies will ‘turbocharge’ economy more than Reagan
Ark Investments CEO Cathie Wood sees a bright future ahead for President-elect Trump back in the White House, and his policy agenda is unlike anything seen in decades. It was predicted over the weekend that it was likely to bring about economic growth. In a post-election message to investors released on Sunday, Mr. Wood described […]
Private equity CEO and philanthropist Bill Pulte aims for HUD secretary post under Trump
Philanthropist Bill Pulte is eyeing the post of Secretary of Housing and Urban Development in President-elect Donald Trump's second Cabinet, the Post reported. Mr. Pulte, founder of Twitter Philanthropy and CEO of Pulte Capital, is the grandson of home construction and real estate mogul William J. Pulte. 35 year old man uses X as a […]
BTC $77K rally won't spark overvaluation fears like stocks: Bitwise CEO – TradingView
Bitcoin has hit new highs this week, but it is not raising concerns of overvaluation among investors like regular stocks, a cryptocurrency executive suggested. “Bitcoin is different,” Hunter Horsley, CEO of asset management firm Bitwise Invest, opined in a Nov. 9 , explained that this essentially measures a company's valuation and financial factors. performance. People […]
Toronto Cryptocurrency CEO Kidnapped, Held for $1,000,000 Ransom
This week, the CEO of a Canadian cryptocurrency company was kidnapped during rush hour in downtown Toronto and held for a $1 million ransom. He was released unharmed after a $1 million ransom was paid. CBC report In a shocking incident in downtown Toronto, the head of a cryptocurrency company was kidnapped and held for […]
Nissan axing 9,000 jobs, CEO cuts his own pay as US sales slump
Nissan Motor Co. said Thursday it will cut 9,000 jobs and 20% of its global manufacturing capacity as it seeks to cut costs by $2.6 billion this fiscal year against the backdrop of weak sales in China and the United States. The plan highlights the vulnerability of Japan's third-largest automaker, which has yet to fully […]