In a statement The Boring Company said, it has raised $675 million in a Series C funding round, which valued the company at $5.675 billion. Elon Musk’s tunnelling company said, it will use the proceeds to ramp up hiring across… Read More ›
Hiring
Lyft names Elaine Paul as its new CFO
In a statement ride hailing firm Lyft Inc said, it had Elaine Paul as its new chief financial officer; Paul will be replacing Brian Roberts who will be stepping down after seven years in the role. Paul is scheduled to take… Read More ›
Deutsche Bank hires Olivier Vigneron as chief risk officer
In a statement Deutsche Bank said, it has hired Olivier Vigneron as its chief risk officer from France’s Natixis. The announcement marks the second major personnel hiring: earlier last week on Friday, it had announced the nomination of Dutch businessman Alexander… Read More ›
Amazon.com Inc bumps up hiring during crucial holiday shopping season
In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
BlackRock Japan hiring former Bank of Japan policymaker Takako Masai
On Monday, in a statement BlackRock Japan said, it was in the process of hiring former Bank of Japan policymaker Takako Masai as an external board member, effective from Tuesday. Masai served as the sole female member of the central… Read More ›
Citigroup hires veteran tech banker Dhiren Shah
According to an internal memo from Citigroup, the bank has hired Dhiren Shah, a veteran tech banker, from Credit Suisse Group AG, as it doubles down on investing in its tech franchise. Shah’s departure from Credit Suisse marks the latest… Read More ›
Netflix hires Mike Verdu, ramps up efforts to grow beyond video streaming business
On Thursday, in a statement Netflix Inc said, it has hired a former Facebook executive to lead its video games unit. The development comes at a time when the company is ramping up its efforts to grow beyond its traditional… Read More ›
UK CFOs double down capex as economy reopens
According to the results of a survey of chief finance officers, large businesses in Britain are surging ahead with post-lockdown investment plans. In a statement audit firm Deloitte said, its poll found CFOs were planning to increase investment, as well… Read More ›
China’s BYD positioning itself to tap growing EV battery market in Europe
Warren Buffett-backed Chinese electric vehicle (EV) maker BYD is hiring engineers for its first overseas battery plant in Europe, said the company in a statement on Wednesday. BYD is aiming to position itself as an EV parts supplier in Europe…. Read More ›
Apple Inc supplier Wistron to resume assembly operations in India
In a statement Apple Inc said, Wistron Corp, one of its suppliers, will restart its operations at its southern Indian factory, which was shutdown late last year. Apple uses Wistron to assemble its second-generation iPhone SEs in the plant; it… Read More ›
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