Author: Daniel snow
Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the head of is delivery business is leaving after almost 13 years.Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region four years later, according to his LinkedIn profile. He was named senior vice president of delivery in 2021.”It’s hard to imagine Uber without Pierre, because there hasn’t been much Uber without Pierre,” CEO Dara Khosrowshahi said in a statement that was part of a regulatory filing.…
Paradromics implanted—then removed—the device in an epileptic patient. The goal is to help people with conditions like ALS. Source link
Bristol Myers Squibb on Monday made a splashy move to fortify its drug pipeline. However, the subdued stock reaction suggests Wall Street is looking for more show than tell. So are we. The news The drugmaker announced a licensing deal with Germany’s BioNTech to jointly develop and commercialize the latter’s experimental cancer therapy known as BNT327. The drug, which is still in clinical trials, belongs to an increasingly popular group of treatments called immuno-oncology. Often called IO for short, these treatments work by getting a patient’s own immune system to help fight the cancer. Merck ‘s Keytruda is the best-known…
It might sound counterintuitive, but conflict and disagreement are two essential ingredients to a business’ success.That’s according to marketer, entrepreneur and music executive Steve Stoute, who counts Jay-Z, McDonalds, the New York Knicks and Google’s Lorraine Twohill among the many big names that have relied on his expertise. In an interview with The New York Times, Stoute said that “there’s something wrong” if a business has “no conflict.””Getting people comfortable around challenge in a respectful way is a very important value,” he said. “What I’m trying to do is have people embrace the idea that it’s OK to disagree.”The 54-year-old…
A little-noticed provision in President Donald Trump’s sweeping tax and spending bill could spark the next battle in an escalating global trade war — and potentially unnerve an already rattled market for U.S. Treasurys that is critical to the global economy. Source link
Sridhar Ramaswamy, CEO of Snowflake, speaks at the Semafor World Economy Summit in Washington on April 25, 2025.Tasos Katopodis | Semafor | Getty ImagesData analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, according to a person familiar with the matter who was not authorized to speak publicly about the deal.Crunchy Data sells access to a cloud-hosted version of the PostgreSQL open-source database, which replaced MySQL as the most popular database in Stack Overflow’s annual developer survey in 2023. Crunchy Data’s service includes…
Why interest rates are likely to be lower than today within the next few weeks. Source link
Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions.The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto licenses across Europe, the UK, and Asia — as well as an established institutional client base, something the retail trading app has long lacked.For Robinhood, the deal marks a move into deeper waters: institutional crypto flows, lending and staking infrastructure, and white-label “crypto-as-a-service,” products built for…
Jonathan Raa | Nurphoto | Getty ImagesElon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced on Monday.ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a release. Neuralink said the fresh capital will help the company bring its technology to more patients and develop new devices that “deepen the connection between biological and artificial intelligence.”Neuralink is building a brain-computer interface, or a BCI, which is a system that translates brain signals into commands for external technologies. The company’s first system, called Telepathy,…
Ukraine’s audacious attack on Russian airfields sent a shockwave through the oil market, but analysts doubt the rally will last as OPEC+ accelerates production hikes. Source link