Owen Mahoney joined Nexon in 2010 as CFO, and he oversaw its initial public offering in 2011. He has led the company as president and CEO since 2014. Under his leadership, Nexon delivered consistent growth in revenue and operating income and the most robust pipeline in the company’s history.
So why is he stepping down? Nexon announced on November 11 that Mahoney will step down in March 2024 and…
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Johanna Faries, senior vice president at Activision Blizzard and general manager of Call of Duty, will be…
Bandai Namco Entertainment invests in more U.S. game startups
November 28, 2023
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Bandai Namco’s 021 Fund said it has invested in two additional U.S. game startups — Flickplay and…
xAI, the company Elon Musk founded to take on OpenAI and other startups racing in the elusive AI space, is set to launch its first offering ‘Grok’ this week. The billionaire, known for companies like Tesla, SpaceX and Neuralink, has announced that the AI chatbot will be integrated into the X platform (formerly Twitter) as part of an early access program.
The company has already opened signups…
Sam Altman and Adam D’Angelo reunite for Thanksgiving following OpenAI boardroom drama
November 28, 2023
Just days after the drama over his firing and reinstatement as CEO of OpenAI, Sam Altman spent a few hours on Thanksgiving with his old friend and OpenAI board member Adam D’Angelo.
Altman tweeted about the gathering, saying he had a “really nice few hours” with…
Judge Bars Former Binance CEO From Leaving US as the Court Weighs Government's Request – Legal Bitcoin News
November 28, 2023
A federal judge has barred former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court has made a decision on the U.S. government’s motion to prevent his return to the United Arab Emirates (UAE) before sentencing. The government filed the motion in…
The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets service providers (CASPs) must complete to collect the needed information to comply with the travel rule, and the actions they must take when getting…
Watch wind technicians 'walk to work' at US offshore wind farm Vineyard Wind 1 [video]
November 28, 2023
Check out this cool video on Reddit of a “walk to work” gangway that’s now being used by wind farm technicians at Vineyard Wind 1.
, who posted the video on , wrote in the comments that they’re a former fisherman that drives one of two Chouest boats at Vineyard Wind…
Tesla sues Sweden's transport agency, and gets a small win
November 28, 2023
After filing twin lawsuits against the Swedish Transport Agency and the country’s postal service after workers refused to deliver license plates for its cars, Tesla can enjoy a small victory in the battle in Sweden. Hours after filing the suits, a court in Sweden has…
In just four years, Phoenix-based Lectric Ebikes quickly grew into a major player in the US e-bike market. The garage startup story of how Lectric’s founders rode the brand’s budget-priced e-bikes all the way to the top has been told many times. Just as fascinating, yet less well-known, is how committed the company has been to giving back through major donations and philanthropy.
Today, on…