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$354 Million Crypto Longs Squeezed As Bitcoin Crashes To $57,000
Data shows the cryptocurrency derivative market has observed mass liquidations following the crash of Bitcoin and other assets. Bitcoin Has Seen Bears Winning As Price Has Plunged 6% Over The Past Day Recently, Bitcoin has been stuck in consolidation in the $60,000 to $70,000 price range, unable to mount any sustained move in either direction. […]
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With $11 million exit pay, Delaporte joins other CEOs in costly exits
Outgoing Wipro CEO Thierry Delaporte is set to get a separation payment of Rs 92.1 crore (or about $11 million) after his ahead-of-schedule exit from India's fourth-biggest outsourcing company, joining a swelling list of top executives in the country's most globalized industry to have inked iron-clad job contracts that guarantee hefty severance packages. Pursuant to the terms of the employment arrangement with Mr. Delaporte, if his employment is terminated by the company without a cause, the...