Tether has named one-time White House cryptocurrency figure Bo Hines to an advisory role. Hines has been named the stablecoin issuer’s strategic advisor for digital assets and U.S. strategy, Tether announced Tuesday (Aug. 19). This follows his tenure as executive director of the White House...
Tech startups are reportedly hiring more software engineers and other positions related to research and development (R&D) in the United States, rather than overseas, due to a new tax deduction. The tax deduction, which is part of President Donald Trump’s One Big Beautiful Bill, lets...
Evolve Bank & Trust named regulatory veteran Robert “Bob” Hartheimer as CEO in a unanimous board vote. The appointment is effective immediately, according to a Wednesday (Aug. 13) press release. Hartheimer is taking over as the bank navigates the final, turbulent stages of the Synapse...
Bakkt announced a leadership transition Monday (Aug. 11) as it reported its results for the quarter ended June 30 and outlined its progress in its transition into a “pure-play crypto infrastructure company.” Andy Main stepped down as co-CEO and director, effective Monday, while former co-CEO...
Former Amazon and Google Pay executive Ben Volk is headed to PayPal. “I’m thrilled to announce that I’m joining PayPal as the SVP & GM of PayPal Consumer, focusing on how we show up and deliver value for the millions of people who use PayPal...
X CEO Linda Yaccarino said Wednesday (July 9) that she is stepping down from that position after two years, without giving a reason for the move. In a Wednesday post on X, Yaccarino said she is grateful to X owner Elon Musk for entrusting her with the...
Apple said Tuesday (July 8) that Chief Operating Officer Jeff Williams will hand off some of his duties before retiring later this year to spend more time with friends and family. Williams will transition his role as COO later in July to Apple Senior Vice President...
Microsoft is cutting nearly 9,000 jobs, the latest in a string of recent layoffs. The cuts will impact under 4% of the tech giant’s workforce, a spokesperson for the tech giant told PYMNTS Wednesday (July 2). “We continue to implement organizational changes necessary to best position...
TomTom, the Dutch maker of GPS devices and apps, announced Monday (June 30) that it is cutting 300 jobs as it increasingly incorporates artificial intelligence (AI) into its business. The company said it will accelerate the use of AI for the development and improvement of...