Europe’s largest energy company, Shell, announced plans to donate the profits from its latest purchase of Russian crude oil to a fund that helps Ukrainian refugees. The decision followed sharp criticism from Ukraine’s foreign minister Dmytro Kuleba over the move, however, it did not violate any Western sanctions.
By Jenny Lynton Ripple CEO Brad Garlinghouse recently proclaimed how Bitcoin ‘is not going to be the panacea that people once thought it would be.’ Speaking to CNBC at the Money 20/20 fintech conference, Garlinghouse predicted that ‘instead you’re seeing specializations of different kinds of ledgers, different kinds of blockchains’. With this in mind, we turned […]
Welcome to the world of quant. David Siegel and John Overdeck are two of the founders of the unique, and highly successful, Two Sigma fund. In the second quarter, the billionaires appear to have taken a bullish turn on fintech platform Square (NYSE:SQ) and e-commerce giant Amazon (NASDAQ:AMZN). “We’re not your typical investment manager. We follow principles of technology and innovation […]