Amazon Web Services has hired software industry veteran Larry Augustin as a vice president reporting directly to CEO Andy Jassy, according to multiple people with knowledge of the matter. An AWS spokesperson confirmed the hire but declined to comment further. Mr. Augustin has a background in applications and open source software, two areas in which AWS is making big investments . In 1993 he...
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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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