GM CEO Mary Barra drops out of the Code Conference due to UAW strike The annual Code Conference is set to kick off next week, but one of our headline speakers won’t be there: GM CEO Mary Barra and her new EVP of software, Mike Abbott, have dropped out of the show, citing the ongoing UAW strike and contract negotiations. “Mary and Mike unfortunately needed to change their plans to be at Code,” writes GM spokespers…

Galaxy Digital Eyes European Expansion With New Regional CEO Mike Novogratz’s firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO.

Have you guys seen the Interview with Alex Saltonstall the CEO of PRINTFUL, and his experience on what starting up the E-commerce print on demand business was like? The challenges and the Struggles? In an exclusive interview with the CEO of Printful Alex Saltonstall, a former general manager at Wayfair, gave his insight on what PRINTFUL startup phase was mostly all about. Alex Saltonstall was asked How Printful Got Started? And What Its Challenges were as a StartUp? He mentioned Printful’s journey began with its founder, Lauris Liberts, wh…

After a year of chaos, CNN bets on new CEO Thompson to focus on long-term viability New CNN CEO Mark Thompson begins his job in October, and he’ll likely focus on building a subscription digital business around CNN and CNN.com.

Nikola’s New CEO Announces Hydrogen Truck Deliveries, Stock Rebounds The Nikola TRE fuel cell electric vehicle, according to Nikola CEO Steve Girsky, is on track for delivery to dealers by the end of this month or early next month. Read more…

Tesla CEO Elon Musk Temporarily Removed UAW’s Twitter Verification Following Strike If you haven’t already heard, the United Auto Workers union is officially on strike against Ford, General Motors and Stellantis. Currently, only three plants are involved — Stellantis’ Toledo Assembly Complex, Ford’s Wayne, Michigan plant and GM’s Wentzville, Missouri plant, but you can expect strikes at more plants… Read more…

Crypto Exchange Bybit ‘Exploring All Options’ to Stay in UK: CEO Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.

Arm China ‘doing well,’ CEO says, even as SoftBank’s Masa Son reduces China exposure Arm’s China subsidiary is “doing well” with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas said.

What’s the sticking point for CEO’s with the strikes? I’m not 100% sure on everything that the WGA are asking for but it seems to be down to a few key things: Streaming residuals, improved writing rooms (specifically that they start to have them again and writers get paid for a consistent periods of time) and the use of AI. Is there one specific thing that’s holding this up or is it all 3 (or more …

Faze Clan fires CEO as esports industry struggles Zach Katz, FaZe Nickmercs, and Lee Trink at Parq Nightclub in San Diego, California. | Photo by Cassidy Sparrow/Getty Images for FaZe ClanFaze Clan, a merchandising and influencer marketing agency that was once synonymous with the esports space, has fired CEO Lee Trink. CFO Christoph Pachler will take over for Trink on an interim basis, Bloomber…

Coinbase CEO Confirms Exchange Will Support Lightning, Which Dramatically Speeds Up Bitcoin Payments Coinbase CEO Brian Armstrong says the crypto exchange will indeed add support for the Lightning Network, one of the biggest endorsements yet for the blockchain that makes bitcoin (BTC) a more realistic option for payments by dramatically speeding up transactions.

First Mover Americas: Binance.US CEO Departs as Company Cuts 1/3 of Workforce The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI The new CEO Eddie Wu is laying out his strategic priorities for Alibaba.

Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business The move comes just months after announcing a June announcement that Zhang was departing as chairman and CEO of Alibaba Group to focus on the cloud intelligence unit.

AI Drake song ‘not eligible’ for a Grammy, Academy CEO says Illustration by Alex Castro / The VergeThe organization behind the Grammys wants to make it clear that the AI Drake song “Heart on My Sleeve” won’t qualify for an award. In a video on Instagram, Recording Academy CEO Harvey Mason Jr. says the song is “not eligible for Grammy consideration” (via Deadline). On Tuesday, the anonymous creator, who g…

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison.

Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place.

Cruise CEO Thinks The Robotaxi Hate Is ‘Overblown’ What do you get when you have a company create, develop and test a technology no one asked for with obvious technical issues in the fifth largest city in the country? Annoyed residents and city officials, plus a clueless CEO who doesn’t think the problems are a big deal. The Washington Post sat down with Cruise CEO … Read more…

Flexport CEO Dave Clark resigns from logistics startup after one year in the role Dave Clark joined Flexport from Amazon, where he headed up the company’s consumer business.