Tech Tycoon Xavier Niel Hits $10 Billion Net Worth Amid Plans To Take Iliad Private

August 2, 2021
On Friday, Xavier Niel announced a “simplified public tender” offer for Iliad shares at an offer price of $216 per share. The proposal saw a 61% increase for the stock on the Euronext Paris, boosting Niel’s net worth by $3 billion up to an estimated net worth of $10.4 billion. Niel owns approximately 70% of […]
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Platform As A Service: Reshaping The Future Of Fintech

July 23, 2021
Lynne Darcey Quigley, CEO and Founder of Know-it, explains why the platform-as-a-service concept is an advancement that financial business leaders cannot afford to neglect. Customers crave convenience. However, financial institutions often struggle to meet their demands whilst safeguarding information. As banks comply with evolving regulations, customers will benefit from the opening of APIs to customer […]
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Nik Storonsky Set To Join Billionaire Club As Revolut Becomes The UK’s Most Valuable Fintech

July 16, 2021
Revolut is now the UK’s most valuable fintech firm ever, making co-founder Storonsky, who owns more than 20% of the company, a paper billionaire several times over. His net worth is estimated to sit around the $7 billion mark, up from $1.1 billion not long over a year ago in March 2020. Over the past […]
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HIPAA Compliance: What It Is And Why You Should Care

July 1, 2021
However, over the years, it has evolved into a set of standards that are now used by most healthcare providers to ensure secure environments for storing and transmitting health information. In this blog post, we will not only cover what HIPAA compliance means but why you should care about it too! What Is HIPAA Compliance? […]
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Boeing Names Former GE Executive As New CFO

July 1, 2021
As Boeing’s new CFO, West will take on the challenge of leading the company out of the coronavirus crisis, which resulted in record losses of almost $12 billion for the aerospace company last year. West currently stands as the CFO of Refinitiv, a role he has held since 2018, and formerly held the position of […]
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Benedetto Vigna and Ferrari — The Beginning of a Success Story or a Catastrophe in the Making?

June 30, 2021
Benedetto Vigna will join the sports car powerhouse in Maranello coming from STMicroelecronics, the French-Italian semiconductor manufacturer headquartered in Geneva. Vigna, a physicist by training, rose through the ranks at STMicroelectronics by establishing the business on micromechanical systems, then going on to broader responsibilities and currently leading STMicroelectronics’ most profitable operating business which is a […]
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Prevention is Better Than Cure

June 30, 2021
Mr Zine earned an M.Sc. in financial engineering from the University of Montreal, Ecole des Hautes Études Commerciales, in 1996, after he was awarded a scholarship in 1994 from the Canadian Government to continue his graduate studies. He began his career at the Royal Bank of Canada where he worked on several strategic projects, including […]
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SpaceX’s Starlink Could Provide Global Internet Coverage By September

June 22, 2021
On Tuesday, Starlink’s president Gwynne Shotwell said that by September, SpaceX will be able to beam down Starlink satellite broadband to the entire globe, with around 1,8000 satellites already deployed. By mid-2027, SpaceX hopes to have launched around 42,000 Starlink satellites into low-Earth orbit. However, president Shotwell has said that SpaceX will need to receive […]
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Norwegian Promotes Geir Karlsen To CEO

June 21, 2021
Just a month on from Norwegian exiting bankruptcy protection, the company’s CEO, Jacob Schram, is stepping down after 18 months in the role. Current CFO, Geir Karlsen, is set to take his place. Karlsen has been with Norwegian as its CFO since April 2018. He temporarily took on the position of CEO when former Bjorn […]
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Richard Branson’s Virgin Atlantic Back £2.8 Billion Air Taxis Plan

June 14, 2021
Virgin Atlantic has suggested that the electric vertical take-off and landing vehicles (eVOTL) could fly between towns and major airports, operating as an air taxi service. The launch would come as part of a partnership with Bristol-based Vertical Aerospace, which is set to conduct test flights this year. Virgin Atlantic isn’t the only company to […]
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French-Israeli Billionaire Patrick Drahi buys 12% stake in BT

June 10, 2021
Patrick Drahi, founder of the European-based telecom group Altice, has bought a 12.1% stake in telecommunications company BT, worth approximately £2.2 billion. Altice is now BT’s largest shareholder after the purchase of 1.2 billion shares by recently-formed Altice UK. BNP Paribas and Morgan Stanley handled the share purchases. Drahi, who has a net worth of […]
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Where Innovation Leads to a Better Future

May 18, 2021
Oliver and his company’s main focus is on solving global health issues by investing (and bringing to market) the most advanced & disruptive technologies. This pandemic has exposed a fair amount of weaknesses in our healthcare system and Xlife aims to be the solution so that effective healthcare is more accessible for everybody worldwide. We […]
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