CEO News

CEO Of HSBC Hong Kong To Take Over As Top Executive At Hang Seng Bank

August 24, 2021
Image by Wpcpey - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50843779 Hang Seng has said that its vice-chair and CEO, Louisa Cheang Wai-wan has extended her leave of absence as she recovers from a medical condition first disclosed last year. After her medical leave of absence, Cheang will return as a HSBC executive.  In a statement, […]
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After Warning That AI Will Takeover Humanity, Musk Reveals Tesla Robot

August 23, 2021
The billionaire entrepreneur said that the “Tesla Bot” will stand around 5 ft 8in tall and will weigh approximately 125lbs, designed to do work that is “boring, repetitious, and dangerous”. The bot would be able to undertake a range of tasks, from attaching bolts to cars to picking up groceries in shops. Musk has also […]
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Google Health Boss Steps Down To Become CEO Of Health Tech Company Cerner

August 20, 2021
David Feinberg has led Google’s health care initiatives since 2018 in a role that was created when he was hired. His departure from Google has opened up speculation that the search giant may be reassessing its goal to create new products in its Google Health division to break into the health technology market.  During his […]
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Head Of AstraZeneca Tops CEO Pay Chart In UK

August 19, 2021
Pascal Soriot became CEO of the pharmaceutical multinational company in October 2012 and has since presided over a remarkable turnaround. Soriot led the revival of AstraZeneca’s reputation for research and development while rebuffing a takeover attempt by rival Pfizer worth $118 billion. Soriot studied veterinary medicine at the École Nationale vétérinaire d'Alfort at Maisons-Alfort in […]
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CEO Cathie Wood Calls Out “Big Short” Investor Michael Burry After He Bets Against ARK Fund

August 18, 2021
Image by unbekannt - https://ark-invest.com/wp-content/uploads/2020/04/ark-logo-1-1.svg, Public Domain, https://commons.wikimedia.org/w/index.php?curid=102251619 Turning to Twitter, Wood wrote: “To his credit, Michael Burry made a great call based on fundamentals and recognised the calamity brewing in the housing/mortgage market. I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.” […]
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Blue Origin Sues NASA As Billionaire Space Battle Continues

August 17, 2021
The Amazon founder’s space company has argued that the contract was unfairly awarded to SpaceX and has filed a suit with the US Court of Federal Claims. In a statement, Blue Origin said: "We firmly believe that the issues identified in this procurement and its outcomes must be addressed to restore fairness, create competition, and […]
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Billionaire George Soros Exits Shares Bought During Collapse Of Bill Hwang’s Archegos

August 16, 2021
According to a regulatory filing on Friday, George Soros’ investment firm, Soros Fund Management, sold $194.4 million of ViacomCBS Inc, $77 million of Baidu Inc shares and $46.4 million of stock in Vipshop Holdings Ltd. Soros’ firm also liquidated positions in Discovery Inc and Tencent Music Entertainment Group. Archegos, the family office that manages the […]
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Bill Gates Pledges $1.5 Billion For Climate Change, If Congress Signs $1.2 Trillion Infrastructure Bill

August 13, 2021
The Senate’s $1.2 trillion infrastructure bill has yet to be passed through the House but would provide the Department of Energy with $25 billion for projects that showcase the viability of clean energy technology for widespread adoption. This £25 billion would come as part of the bill’s broader investment in programmes to tackle the climate […]
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Tesla Sales Plummet In China As Consumers Opt For Domestic Models Over Musk’s Models

August 12, 2021
Chinese sales of Tesla vehicles plummeted last month following a shift in consumer preference and privacy concerns.
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Elon Musk Offers To Produce NASA Spacesuits To Help Reduce Space Agency’s Costs

August 11, 2021
On Tuesday, a watchdog reported that the space agency’s current programme is behind schedule and will cost over $1 billion. In a tweet, Musk said that his company SpaceX could produce the spacesuits if need be.  In the past, SpaceX has developed and produced flight suits for astronauts who launched into orbit on the company’s […]
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Bill Gates Drops In Billionaire Ranking After Stock Transfers To Melinda French Gates

August 10, 2021
Cascade Investment, Gates’ investment vehicle, transferred 3.3 million shares of automotive retail AutoNation to French Gates on Thursday. The 3.3 million shares hold a collective worth of $387 million. Gates also transferred 2.8 million shares, worth $1 billion in total, of the manufacturer Deere & Co. to his ex-wife through his investment vehicle, as well […]
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Binance US CEO Steps Down After Just Three Months

August 9, 2021
Brooks stood as acting US Comptroller of the Currency from May 2020 to January 2021, having previously served as Chief Legal Officer of Coinbase Global. He became chief executive officer of Binance US at the start of May this year.  However, during Brooks’ short time as CEO, Binance faced several regulatory issues around the world. […]
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