GBP News 

British Land rehires former exec for finance director role

“British Land has reappointed its former head of strategy, Simon Carter, as its new finance director” writes Kallum Pickering for telegraph.co.uk. He had previously worked for British Land for just over a decade, in roles including head of strategy and head of treasury and capital markets.Mr Carter rejoins the company, the UK’s second largest property firm, less than three years after he left to become finance director of Quintain, a development company. Source: telegraph.co.uk Share This:

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News 

Behind the scenes of the French president’s trip to China — what one top exec thinks

“One of the chief executives who traveled to China as part of Macron’s 50-strong trade delegation told CNBC on Wednesday what the atmosphere was like during the trip” writes Holly Ellyatt for cnbc.com. French President Emmanuel Macron has told China to open up its markets or face a protectionist backlash, during a three-day trade mission aimed at tapping more business from the global superpower. Source: cnbc.com Share This:

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News Stocks 

One of the biggest names in the auto industry says Tesla gets too much hype for its ‘wild ideas’

“Tesla’s ability to generate and sustain excitement paid off in 2017, as the company saw its stock price rise 40% despite well-documented production struggles” writes Mark Matousek for businessinsider.com. Former General Motors executive Bob Lutz has been critical of Tesla in the past, calling the company a “losing enterprise” and predicting it would go out of business. But after the company cut its Model 3 production targets and revealed that it hadn’t come close to meeting its previous targets on Wednesday, it may have a more difficult time pleasing investors…

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Floyd Mayweather return to boxing would leave Showtime exec ‘very, very…

“I’d be very, very surprised,” Stephen Espinoza, executive vice president of Showtime Sports, told SN. Espinoza’s company has aired Mayweather’s last seven fights” reports sportingnews.com. Certainly no one is disappointed at over four million pay-per-view buys and over $600 million total worldwide revenue.”. The buys and revenue were second to the May 2015 fight between Mayweather and Manny Pacquiao. Source: sportingnews.com Share This:

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Crypto News 

David Marcus, VP of messaging products at Facebook and a former president of PayPal, will be joining Coinbase’s board

“Meanwhile, Coinbase is also scrambling to build new products and features, including a new custodian service for large institutional investors like sovereign wealth funds” reports fortune.com. The unprecedented volume at Coinbase comes as media hype is leading everyone from ordinary investors to hedge funds to jump on the bitcoin bandwagon. Source: fortune.com Share This:

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Disney exec suspended after child sex abuse charges filed

“An executive with the Walt Disney Co. has been charged with three felony counts of child sex abuse” writes Mike Snider for thedailyjournal.com. Disney suspended Heely Friday, the company said in a statement to Variety. “Immediately upon learning of the situation tonight, he has been suspended without pay until the matter is resolved by the courts,” the company said. Source: thedailyjournal.com Share This:

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Crypto Futures News 

BlackRock exec on bitcoin: ‘We are seeing bubble-like valuations’

“Several banks such as JPMorgan and Citi have said they will not clear bitcoin futures contracts for clients, at least initially” writes Oscar Williams-grut for businessinsider.com. Derivatives exchange operator Cboe launched bitcoin futures on Sunday evening, giving institutional investors exposure to the digital currency.The Futures Industry Association has also complained about the risks of bitcoin futures.LONDON — BlackRock has become the latest financial services company to express caution over bitcoin. Source: businessinsider.com Share This:

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Former Facebook executive: ‘We have created a tool that’s ripping apart the social fabric of how society works’

“The November talk, which was picked up by The Verge on Monday, is another example of early Facebook executives criticizing what they created” writes Steve Kovach for businessinsider.com. Former Facebook executive Chamath Palihapitiya said in an interview at Stanford’s graduate business school that social media is damaging society. Source: businessinsider.com Share This:

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