CEO Financial News

Mumbai, Snapchat's CEO, Evan Spiegel, disclosed a playful side to his use of the popular social media platform. Spiegel mentioned that he enjoys using Snapchat's creative lenses, with the current favorite in his household being the Batman-themed one, which he uses when spending time with his children. Spiegel's lighthearted revelation provides a glimpse into the personal side of a tech industry leader who has played a pivotal role in shaping the Snapchat platform.

IndiGo plans to start flights to Bali and Medina in the current fiscal as the airline continues to expand its network, its chief Pieter Elbers said on Monday. The airline is «well on track» to achieve the target of carrying 100 million passengers this financial year, he told reporters here.

Beyond Inc, formerly known as Overstock.com, on Monday said its chief excecutive, Jonathan Johnson, has stepped down amid activist investor pressure. Hedge fund JAT Capital, which owns a 9.6% stake in Beyond Inc, last week urged the board to replace CEO Johnson, arguing that he is to blame for the company's poor financial performance.

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Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top of its corporate structure, in a symbolic move that paves the path for an eventual listing.

Bud Light has entered the ring with a strategic move to revive its brand, as it becomes the official sponsor of the mixed martial arts league UFC. An exciting development is underway as the Anheuser-Busch brand Bud Light embarks on a multiyear sponsorship journey with the UFC, set to commence on January 1, 2024.

Google on Monday will try to protect a lucrative piece of its internet empire at the same time it's still entangled in the biggest US antitrust trial in a quarter century. The latest threat will unfold in a San Francisco federal court, where a 10-person jury will decide whether Google's digital payment processing system in the Play Store that distributes apps for phones running on its Android software has been illegally driving up prices for consumers and developers.

FAT Brands CEO Andy Wiederhorn joined ‘The Big Money Show’ to discuss his company’s newest acquisition, ‘Smokey Bones,’ as consumers and small businesses continue to fight inflation.

(Reuters) — Dish Network (NASDAQ:DISH) posted a surprise loss for the third quarter as pay TV subscriptions dropped more than expected in the face of tough competition from streaming services, sending its shares down nearly 6% premarket on Monday.

Park Avenue Capital announced a new president and chief operating officer Monday morning.

ElectroRide by Goenka Green, a multi-brand electric vehicle retail chain has received orders from Uber and Jubilant FoodWorks to provide customised end-to-end EV mobility solutions. The mandate aims to advance clean and sustainable urban transportation with light commercial vehicles on long-term rental as well as outright purchase basis. 

As the Diwali gift season is here, you may be wondering what kind of gifts may be subject to tax. This article aims to help you understand what kinds of gifts are subject to tax and what items are exempted.

Having achieved a valuation of over Rs 250 crore in about two years of its inception in 2021, Rise Infraventures, a Gurugram-based leading real estate consultancy firm with a strong presence in north and west India, expects to achieve Rs 3000-crore business in FY 2023-24 with 5 operational verticals, and aims to clock sales of Rs 6800 cr by 2025. The firm had achieved sales of Rs 1428 cr in FY 2021-22 as against the targeted Rs 1250 cr and sales of Rs 2182 cr as against the targeted Rs 2000 cr in FY 2022-23, with a growth 52.5%.

Dish Networks (DISH) shares fell about 9% in early Monday trade after the company reported weaker-than-expected results for the third quarter.

The UK Treasury Treasury is currently considering making changes to the payments legislation to enable retail payments for goods and services to be made using fiat-backed stablecoins. This includes an option the Treasury are exploring to allow certain stablecoins which are issued outside of the UK to be used for payments. The FCA’s Discussion Paper explores the proposed regulation around the issuance and custody of fiat-backed stablecoins under the Financial Services and Markets Act 2000 and the use of these stablecoins as a means of payments under the Payment Services Regulations. Sheldon Mills, executive director, consumers and competition, FCA, says: “Stablecoins have the potential to make payments faster and cheaper for all, and that’s why we want to offer firms the ability to utilise this innovation safely and securely.

Snap Co-founder and CEO Evan Spiegel said here on Monday. In a fireside chat with Snap APAC President Ajit Mohan during the company's 'APAC AR Day' event here, Spiegel said that to see the explosion of creativity that's been empowered by Snapchat in India — at a time when the country is changing so rapidly — is really exciting to him.

Mark Zuckerberg's journey towards a potential MMA career seems to have hit a roadblock after the Meta CEO recently revealed that he had torn his anterior cruciate ligament (ACL) during a sparring session. The tech billionaire shared the news of his injury on Instagram by sharing a picture a series of his photos from the hospital.

Westpac boss Peter King says his borrowers are primed to withstand more interest rate tightening should persistently high inflation provoke the Reserve Bank to raise the cash rate on Cup Day.

Auditors referred to the corporate watchdog could avoid public scrutiny by resigning before an investigation is complete, a Senate committee has heard.

The country’s largest childcare provider, Goodstart Early Learning, has slid deeper into loss and called for a government-backed wage subsidy to resolve a major shortage in workers and the sector’s poor financial performance.