Affirm shares drop 13% on weak forecast, concerns over CEO's bet on 0% loans
Affirm shares plunged on Friday after the buy now, pay later provider issued a disappointing forecast for the current quarter.
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3 hours ago
David Steiner, FedEx board member, tapped to lead U.S. Postal Service as postmaster general
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Steiner, who is expected to formally take over a postmaster general at USPS in July, previously was CEO of Waste Management for more than a decade.
5 hours ago
Lyft CEO: I worked for both Bill Gates and Jeff Bezos—here are the most important lessons I learned
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Before becoming CEO of ride-sharing service Lyft, David Risher learned some important lessons working for tech billionaires Bill Gates and Jeff Bezos, he says.
7 hours ago
Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer
Lyft shares popped 20% after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings.
8 hours ago
Art market offers investors 'escape' from volatile stocks, Christie's CEO says
Christie's, Sotheby's and Phillips are together offering 295 works at auction next week for a low-end estimate of $952 million combined, according to ArtTactic.
13 hours ago
‘Tone deaf’: US tech company responsible for global IT outage to cut jobs and use AI
CrowdStrike CEO announces 5% of workforce to be slashed globally, citing artificial intelligence efficiencies created in the business
The cybersecurity company that became a household name after causi…
30 hours ago
UnitedHealthcare sued by shareholders over reaction to CEO's killing
The group of investors alleged that the company misled them by not adjusting its forecast after Brian Thompson's killing.
40 hours ago
OpenAI hires Instacart CEO Fidgi Simo as head of applications, reporting to Altman
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OpenAI CEO Sam Altman wrote in a blog post late Wednesday night that the company had named Fidgi Simo, Instacart's CEO, as its head of applications.
45 hours ago
Trump crypto advisor David Bailey launching $300 million bitcoin investment company
David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.
2 days ago
CEO at 33, Tubi's Anjali Sud on success hacks she learned at Amazon, IAC on way to top of Fox streaming
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Anjali Sud, CEO of Fox streaming app Tubi, doesn't stay up late worrying about Netflix. She gets lots of sleep, and sees in her dreams a future of free TV.