Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday. Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche Bank, was most recently the CEO of Molo Finance, a digital mortgage lender. Revolut’s spokesperson…
The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier announced a plan to resign from the role by the end of 2023. He will…
Tesla CEO Elon Musk is planning to unveil an artificial intelligence startup that would compete with OpenAI. Musk has been building a team of engineers and researchers and has been in talks with multiple investors. He has been recruiting from other competent AI companies. It is real and they all are excited about it. Musk has…
Meta CEO Mark Zuckerberg has announced that 2023 is Meta’s ‘year of efficiency’. It includes refining the company’s distributed work model. Zuckerberg said that an internal analysis of data on employee performance suggests that engineers who work in the personal presence of each other get more done. He stated that Meta remains committed to distributed work model, and…
