Taylor Locke
Taylor Locke
Entrepreneurs Reporter @cnbcmakeit @cnbc | Formerly @yahoofinanceSource
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Kraken's incoming CEO labels FTX and SBF as 'thieves,' says acquisition rumors unfounded

Kraken's incoming CEO labels FTX and SBF as 'thieves,' says acquisition rumors unfounded

CryptocurrencyWeb3NFTsInvestingBitcoin Companies ·krakenNovember 18, 2022, 1:09 AM UTCIncoming Kraken CEO David Ripley.Courtesy of KrakenDavid Ripley, incoming CEO at cryptocurrency exchange Kraken, didn’t mince words when speaking about Sam Bankman-Fried (SBF).“I think, what it boils down to from all the information we have [and] this bankruptcy report that has now been released is that FTX and SBF are complete frauds—not just frauds, but thieves,” Ripley, who also served as COO at Kraken for over six years, tells Fortune.Last week, it seemed cryptocurrency exchange Binance and its CEO...

Nov 18
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Mark Cuban: If I were to start a business right now, this is what I would do

Mark Cuban: If I were to start a business right now, this is what I would do

Mark Cuban became a billionaire .In 1995, Cuban and a friend, Todd Wagner, started an internet radio platform called Broadcast.com. Four years later, Broadcast.com was acquired by Yahoo for $5.7 billion in stock, making Cuban a very wealthy man. Since then, the "Shark Tank" investor and Dallas Mavericks owner has invested in hundreds of successful  to date.Don't miss: Mark Cuban: "One of the great lies of life is follow your passions"If Cuban were to start a company today, he would also utilize new technology — he would center the business around , and , which of the early days of the...

February 22, 2021
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How Mark Cuban invests in stocks: How good a company is at AI is the 'foundation'

How Mark Cuban invests in stocks: How good a company is at AI is the 'foundation'

Billionaire investor Mark Cuban has been bullish on the future of artificial intelligence , and he makes it a priority to  and  AI.In fact, Cuban asks himself "How good is the company at AI?" before investing, he on Saturday."It's the foundation of how I invest in stocks these days. The companies that have harnessed AI the best are the companies dominating."In the thread, Cuban — referring to a chart that purports to show the growth of the companies — called Alphabet, Apple, Amazon, Facebook and Microsoft "the 'AI Squad.'" "...They keep getting smarter while everyone...

January 26, 2021
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Kevin O'Leary on why he won't invest in bitcoin: It's a 'giant nothing-burger'

Kevin O'Leary on why he won't invest in bitcoin: It's a 'giant nothing-burger'

After bitcoin  on Friday, it faced – in turn, the value of the entire cryptocurrency market .Those cautious about bitcoin warn that bitcoin is and are concerned that the cryptocurrency's recent rally is , but bitcoin bulls .Regardless of bitcoin's recent rise, "Shark Tank" investor Kevin O'Leary would not put his money into bitcoin, he said in a published Tuesday.Don't miss: "Bitcoin is a nothing-burger, a giant nothing-burger," said O'Leary, chairman of O'Shares ETFs, because "you don't have every institution willing to play ball with it."For example, O'Leary pointed out...

January 12, 2021
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Mark Cuban: Instead of funding government assistance programs, 'write those checks' to Americans in need

Mark Cuban: Instead of funding government assistance programs, 'write those checks' to Americans in need

In order to help Americans affected by the Covid-19 pandemic, self-made billionaire Mark Cuban thinks that the government should send checks directly to Americans in need rather than providing additional funding to financial assistance programs, such as the Supplemental Nutrition Assistance Program, known as SNAP.It's a controversial opinion that Cuban — who has also been vocal in advocating for — first shared ."I think government programs designed to meet specific issues are less efficient" than direct payments would be, Cuban tells CNBC Make It when asked to clarify his point of view. "My...

December 11, 2020
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Elon Musk: Delete Facebook, 'it's lame'

Elon Musk: Delete Facebook, 'it's lame'

Although Elon Musk is especially , he is seemingly less fond of Facebook.The Tesla and SpaceX CEO called Facebook "lame" on Twitter on Saturday, adding "#DeleteFacebook" in response to an anti-Facebook tweet by Hollywood actor, writer, director and producer Sacha Baron Cohen.In March 2018, Musk deleted both the Tesla and SpaceX , saying that he "didn't realize" there were pages on the platform for his companies."Looks lame anyway," Musk tweeted at the time."I don't use FB and never have," Musk tweeted in March 2018. "So don't think I'm some kind of martyr or my companies are taking a huge...

February 11, 2020
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