Phil Schiller—Apple’s longtime, powerful marketing chief—is leaving that job for a more narrow executive role overseeing the company’s App Store and events. Apple said that another Apple veteran, Greg Joswiak, will replace Schiller as the company’s senior vice president of worldwide marketing. Schiller’s new title will be Apple Fellow and he will continue to report to Tim Cook, Apple’s CEO....
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Where Did All the Traders Go? Investment Funds Lean on Outsourcing to Cut Costs
More and more investment funds are outsourcing their trading, a move that cuts costs and aims to boost returns but also poses risks for the funds’ portfolios and underlying investors. Once a niche Wall Street business that catered to young hedge funds, outsourced trading has now attracted mutual funds, pension funds and other asset managers, including some of the biggest firms on Wall...
Ex-Coinbase Product Manager Pleads Guilty in Crypto Insider Trading Case
DCG Selling Grayscale Fund Shares at Steep Discount Amid Genesis Bankruptcy
SoftBank’s Vision Fund Posts Loss for Fourth Straight Qurter
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