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Sign in - Google Accounts

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One Google Account for everything Google

Mar 6
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Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention

Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention

FRANKFURT/SYDNEY/HONG KONG/NEW YORK (Reuters) - Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) “reinvention” which will lead to yet another annual loss and knocked its already battered shares. Germany’s largest lender said on Sunday it would scrap its global equities operations and cut some in fixed income in a retreat from a long-held ambition to make its struggling investment bank, with 38,000 staff, a force on Wall Street. Shares in Deutsche Bank, which has almost 91,500 staff around the world, erased...

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July 8, 2019
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One Google Account for everything Google

January 26, 2020
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November 5, 2020
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Chamath Palihapitiya To Airbnb CEO: “If You Want Liquidity… Make It Available To Everyone”

Chamath Palihapitiya To Airbnb CEO: “If You Want Liquidity… Make It Available To Everyone”

Should founders take money off the table in later venture rounds, and if so under what circumstances? An extraordinary private email to Airbnb CEO Brian Chesky from investor and former Facebook exec which was to Kara Swisher at brings this question into sharp focus once again. The email is reprinted below, you should read it in it’s entirety.Palihapitiya doesn’t take issue so much with the founders collecting $21 million of the for themselves, but rather with the way that they did it. “My basic principle on this stuff is that if you want liquidity, that’s fine, but you should make it...

October 2, 2011
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Police seize $60 million of bitcoin! Now, where's the password?

Police seize $60 million of bitcoin! Now, where's the password?

By Slideshow FRANKFURT (Reuters) - German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There’s only one problem: they can’t unlock the money because he won’t give them the password.The man was sentenced to jail and has since served his term, maintaining his silence throughout while police made repeated failed efforts to crack the code to access more than 1,700 bitcoin, said a prosecutor in the Bavarian town of Kempten.“We asked him but he didn’t say,” prosecutor Sebastian Murer told Reuters on Friday. “Perhaps he doesn’t...

Feb 5
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Sumeet Chatterjee

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