• Former Binance employees and investors say the CEO has more control of the decentralized company than he lets on: 'He's the holding company'

    6 days ago - By Business Insider

    Binance CEO Changpeng Zhao. Antonio Masiello/Getty Images
    Former Binance employees and investors told Bloomberg that CEO Changpeng Zhao has a firm grip on the company.
    One told the outlet that, "at the end of the day, he's the holding company."
    That's at odds with core tenets of the decentralized finance movement.
    Crypto giant Binance is a poster child of the decentralized movement. Its founder and CEO Changpeng Zhao recently spoke to Bloomberg Businessweek about the company's mission, his new home in Dubai, and his support for blockchain-based initiatives that operate autonomously without...
    Read more ...

     

  • Yelp's CEO says the company will go fully remote, closing offices in NYC, DC, and Chicago: 'It's best for our employees, and for our business'

    6 days ago - By Business Insider

    Yelp recently joined Citigroup and Apple in covering travel costs for workers seeking abortions. Yelp
    Yelp's CEO said the company is going fully remote, and that it's best for employees and the business.
    He said Yelp learned its employees could be just as, if not more, productive while working remotely.
    The company referenced "consistently underutilized offices" in New York, Chicago, and DC.
    Yelp's CEO and cofounder, Jeremy Stoppelman, wrote in a Yelp blog post that the company is going fully remote. "Over time we came to realize that the future of work at Yelp is remote," Stoppelman said...
    Read more ...