Gemini co-founder Cameron Winklevoss called on the Digital Currency Group’s board to remove Barry Silbert as CEO, saying Silbert had lied about DCG’s financial position and was unfit to run the company. Gemini works with Genesis, a DCG subsidiary, on its lending product, Gemini Earn, whose 340,000 users have more than $900 million stuck on Genesis. The letter, which was posted on Twitter,...
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The Real CNN Drama is Cable News' Growing Irrelevance
To paraphrase Tolstoy, each unhappy TV channel is unhappy in its own way. And as illustrated by the leadup to the Wednesday exit of CNN’s CEO, Chris Licht, the cable news channel hasn’t been a happy place lately. That’s not likely to change now that Licht is gone. Beyond the gossipy drama behind his departure is the reality that CNN and its corporate parent, Warner Bros. Discovery, are both...
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