According to estimations by Forbes, aggregate fortunes of the 11 richest billionaires who made their capitals from cryptocurrencies decreased by $49.06 billion in the two months following the crypto market crash. Bitcoin has lost 35% of its value since early April, and has now dipped below $27,000 for the first time since December 2020. Binance exchange founder Changpeng Zhao, the world's...

Change is scary. How do you make plans? How do you manage a company? How do you act quickly and efficiently? Expecting things to settle down in a year or two means ignoring the obvious: change is the new normal. We need to adapt not from time to time, but constantly. Change activates people's survival channel, a signaling system that looks for and reacts to threats. It's useful if it's...

CalPERS, the largest US public pension fund, will vote to replace Warren Buffett as chairman of Berkshire Hathaway, Reuters writes citing the fund's documents. The agency specifies that in doing so, the organisation intends to vote to keep Buffett as CEO. Another Berkshire shareholder, the National Legal and Policy Center, suggested in March that the positions of chairman and chief executive...

According to documents at the US Securities and Exchange Commission's website, Elon Musk, the American entrepreneur and founder of SpaceX and Tesla, will join the Board of Directors of Twitter for two years, after announcing his ownership of the company the day before (SEC). Musk will be appointed to the board as a Class II director, with a term ending at the company's annual meeting of...

The British HSBC Plc, one of the world's largest banks, is revising its experts' research reports to remove the word "war" from the context of Russia's operation in Ukraine, reports the Financial Times (FT) citing two sources familiar with the matter. According to the Financial Times, the bank's committees in charge of previewing all of the bank's public research materials changed the word "war"...

Rigid hierarchy often holds us hostage at work. Now, however, it is becoming increasingly clear that formal authority prevents us from achieving the maximum. Leadership without authority and flexible partnerships are coming to the fore. Absolute interdependence is one of the main characteristics of the new world. It is time to scrap attitudes like "It is not my responsibility" or "He is not my...

Every person has weaknesses and pain points, and pushing on them tends to throw us off-balance. Let’s look at what pain points are most often pressed by those who want to manipulate us. People have many weaknesses, and an astute manipulator knows them all. Let's focus on three general categories: weaknesses, needs, and fears. 1. Weaknesses. What's wrong with you: are you too fat, too thin, or...

Managing yourself means controlling your emotions and thinking with your head. It is an indispensable leadership trait. Without it, you are at the mercy of the group and all its stressors, losing your ability to act with common sense. A focus on yourself implies that you don't blame yourself for everything, but rather distinguish between what you can control and what you can't, and give those...

Anglo-Dutch Shell has announced appointment of Sinead Gorman as chief financial officer (CFO), effective 1 April, when current CFO Jessica Uhl will leave the post, which she held for five years, the company said. "Shell has announced the appointment of Sinead Gorman as chief financial officer with effect from 1 April 2022," the statement said. Gorman is executive vice president of finance for...