Tether Names Simon McWilliams as CFO Amid Push for Full Audit The stablecoin giant is moving toward a comprehensive financial audit as it expands its global operations

How to find trusted CPA / Fractional CFO in ecommerce? Hello! I run a successful women’s fashion DTC e-commerce business. Our business is quite healthy and I wanted to find someone that could advise with finances. I have an in-house book-keeper who is our COO, but I would love to have an audit and someone who could advise and help implement strategy and systems to support our growth and profit. I am…

Tesla’s CFO says tariffs would ‘have an impact’ on company’s profitability Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs.

TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona.

Accounting & Finance / Fractional CFO Hire – Thoughts? Hey all! I run a growing DTC eCommerce clothing business based in the UK. We’ve had a very basic accountant for the last 2 years that does the very bare minimum. We’ve raised funding recently and we’re looking to scale aggressively. I’m thinking about hiring an agency/practice that is business-savvy to help us: bookkeep meticulously well acros…

Michael Novogratz’s Galaxy Appoints Former Point72 Exec as CFO The firm’s current chief financial officer, Alex Ioffe, will transition into a senior advisor role.

Florida CFO Jimmy Patronis ‘Would Not Be Shocked’ to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.

Microsoft CFO says OpenAI investment will cut into profit this quarter Microsoft has invested over $13 billion in OpenAI, a bet that’s weighing on the company’s profitability.

Google’s new CFO makes earnings call debut, says company can ‘push a little further’ on cost cuts In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.

HSBC Announces Restructuring and Names First Female C.F.O. The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.

Bitcoin Miner Ionic Digital Hires CFO to Shepherd IPO

Epoch Times CFO Charged With $67M Fraud Scheme Involving Crypto Platform The crime proceeds were generally purchased by the scheme participants at discounted rates of up to 80 cents per dollar in exchange for an unspecified cryptocurrency.

Google restructures finance team as part of AI shift, CFO tells employees in memo Google Chief Financial Officer Ruth Porat wrote to employees that the finance teams would be restructured, a move that will include relocations and layoffs.

‘Taylor Tax:’ IRS targets Taylor Swift fans over ticket sales, Florida CFO says submitted by /u/lucerousb

Flexport fires CFO, HR chief departs weeks after sudden ouster of Dave Clark as CEO After firing CEO Dave Clark earlier this month, Flexport has removed its finance chief, and its head of human resources has resigned

Warner Bros. Discovery CFO on Streaming Prices: “Quality Content Has Been Given Away Well Below Fair Market Value” submitted by /u/Chemical-Ad-2694

Netflix CFO Says “We Need To Get Back To Work, That’s What We Are Focused On” submitted by /u/KillerCroc1234567

Tesla’s New CFO Will Have To Do Double Duty In New Position Good morning! It’s Tuesday, August 8, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

Tesla CFO Zach Kirkhorn steps down Zach Kirkhorn, Tesla’s chief financial officer, stepped down from his role but will remain with the company through the end of the year.

Google’s CFO just got a promotion Illustration: The VergeAlphabet, the parent company of Google, is promoting chief financial officer Ruth Porat into a new role, according to a press release about Alphabet’s Q2 earnings. As part of the newly created role of president and chief investment officer of Alphabet and Google, Porat will oversee Alphabet’s “Other Bets” investments and w…