The Indian central bank’s governor said on Wednesday that it’s not at war with crypto, but asserted that cryptocurrencies have no underlying fundamentals and their usage should be prohibited. RBI Governor Shaktikanta Das told a room packed with banking executives and lawmakers that crypto has a huge inherent risk to the macroeconomic and stability of […]
India central bank chief warns crypto will cause the next financial crisis if permitted to grow by Manish Singh originally published on TechCrunch
Carl Eschenbach, a longtime enterprise software executive who joined Sequoia Capital in 2016 and went on to lead a number of lucrative deals for the venture firm, is going back to an operating role. As the new co-CEO of Workday, Eschenbach will co-lead the enterprise cloud applications giant with its co-CEO, cofounder and company chair […]
Sequoia’s Carl Eschenbach, who led deals for Zoom and Snowflake, to run Workday as co-CEO by Connie Loizos originally published on TechCrunch
Tesla shares fell 8.12% Tuesday after Wall Street downgraded price targets on the electric vehicle maker’s stock. Analysts fear that CEO Elon Musk is distracted by his hostile takeover and micromanagement of Twitter, and that China sales will be affected by the Chinese government allowing COVID-19 to spread after ending its stance on harsh restrictions. Tesla’s […]
Tesla stock plunges as investors fear Twitter dramas, loss of China sales by Rebecca Bellan originally published on TechCrunch
It’s been a year. This roundup is never a particularly fun one to write. No one wants to see startups fail, but we’re all keenly aware that most ultimately do. A commonly cited figure suggest that 90% of these companies will ultimately fail. But even with that in mind, 2022 just hit different. The previous […]
Remembering the startups we lost in 2022 by Brian Heater originally published on TechCrunch