Huawei CFO Dealt Fresh Setback in Fight Against Extradition

Meng Wanzhou leaves the Supreme Court in Vancouver, British Columbia, Canada, on Sept. 28.

Photographer: Darryl Dyck/Bloomberg

Huawei Technologies Co. Chief Financial Officer Meng Wanzhou failed to convince a Canadian judge to grant her access to confidential documents pertaining to her extradition fight.

Meng has pressed for additional disclosure about the circumstances of her arrest at Vancouver’s airport on a U.S. handover request in December 2018. She argues her arrest was unlawful and that her extradition case should be dismissed.

In August, she sought an order from the Supreme Court of British Columbia to force the Canadian government to authorize full access to documents she said had been redacted or withheld arbitrarily. Canada argued that divulging them would violate confidentiality agreements with clients and third parties.

Associate Chief Justice Heather Holmes “upheld a majority of Canada’s privilege claims,” Canada’s Department of Justice said in a statement late

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Facebook CFO says personalized advertising ‘under assault’ by Apple privacy changes

Business models that rely on personalized advertising are “under assault” by iOS 14 privacy changes, Facebook’s chief revenue officer said Tuesday.

The changes include a new feature that requires users to opt-in to tracking via Identifier for Advertiser, or IDFA, tags on a per-app basis. Although initially planned for the general iOS 14 release, Apple delayed the rollout of the feature until 2021 following public outcry from a number of companies that gain a bulk of their revenue from ad serving, including Facebook.

Speaking digitally at Advertising Week on Tuesday, Facebook CFO David Fischer said that “the very tools that entrepreneurs, that businesses are relying on right now are being threatened,” CNBC reported.

“To me, the changes that Apple has proposed, pretty sweeping changes, are going to hurt developers and businesses the most,” Fischer added, singling out the IDFA change in iOS.

The Facebook executive also said that the company

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NorthStar Medical Technologies, LLC Announces Promotion of CFO Paul Estrem to Executive Vice President and Appointment to NorthStar Board of Managers – Press Release

BELOIT, Wis.–(Business Wire)–NorthStar Medical Technologies, LLC, a global innovator in the development, production and commercialization of diagnostic and therapeutic radiopharmaceuticals, today announced the promotion of Chief Financial Officer Paul Estrem, to Executive Vice President. Mr. Estrem has also been appointed to the NorthStar Board of Managers, effective October 12, 2020, and continues to report to President and Chief Executive Officer Stephen Merrick. Mr. Estrem joined NorthStar in November, 2018, as Senior Vice President and CFO. He has more than 30 years of relevant financial experience in the life science and medical technology industries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005196/en/

Paul Estrem, Executive VP and CFO, NorthStar Medical Technologies (Photo: Business Wire)

Paul Estrem, Executive VP and CFO, NorthStar Medical Technologies (Photo: Business Wire)

“Paul’s strong combination of leadership and financial experience in growing successful organizations has served NorthStar exceptionally well since he joined the Company,” said Stephen Merrick, President and Chief Executive Officer of NorthStar. “As a

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A new technology skill every worker needs to be more valuable: Former Goldman Sachs CFO

  • Former Goldman Sachs CFO and CIO Martin Chavez says all workers in the future should be prepared to learn some form of coding. 
  • LinkedIn data shows that there’s been a recent boom in users taking introductory coding courses online, with increases as high as 500% in the past year.
  • But the Wall Street executive recently told CNBC that for most workers the key is to learn an algorithmic, problem-solving way of thinking, rather than becoming an actual computer coder. 

Wall Street won’t be ruled by code, but algos will guide career choices: Former Goldman CFO

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Martin Chavez served in more than one major role during his Goldman Sachs career, including chief financial officer and chief information officer, and those experiences were prime opportunities for the self-described “quant” to learn a valuable lesson about the future of work and technology. 

Wall Street will not be

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A new tech skill all workers need to be valuable: Former Goldman CFO

Martin Chavez served in more than one major role during his Goldman Sachs career, including chief financial officer and chief information officer, and those experiences were prime opportunities for the self-described “quant” to learn a valuable lesson about the future of work and technology. 

Wall Street will not be run by computer code alone, he says, but the rise of algorithms in financial services is a lesson in why most workers will need to become familiar with computer code if they want to be valuable to their organizations.

“Not everyone needs to be a coder,” Chavez said. “The idea of coding is valuable and wonderful, but the idea everyone should learn to code? … I don’t know, but everyone does need to have an algorithmic data, problem-solving mindset. That is a baseline skill for every professional in the workplace, no matter what the role is,” the former Goldman Sachs top

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Huawei CFO Resumes Extradition Fight Arguing U.S. Case Is Flawed

Meng Wanzhou arrives at the Supreme Court in Vancouver, Canada, on Sept 28.

Photographer: Darryl Dyck/Bloomberg

Huawei Technologies Co. Chief Financial Officer Meng Wanzhou returned to a Canadian court to resume her long fight against extradition to the U.S., saying fraud claims linked to potential violations of American sanctions against Iran are so deeply flawed that they should be dismissed.

The U.S. accuses Meng of misleading HSBC Holding Plc and tricking the bank into processing transactions that put it at risk of violating the sanctions. At the request of U.S. officials, she was arrested by Canadian authorities in December 2018 while traveling in Vancouver.

Since then, Meng has waged a legal battle that could take years. In May, a Vancouver judge allowed the extradition case to proceed because the alleged crime in the U.S. would also be a crime in Canada. Now Meng claims the case should

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Zilingo CFO Perry Resigns to Return to Citigroup for Tech Deals

The logo of Zilingo Pte is displayed on a window at the company's office in Singapore.

Photographer: Ore Huiying/Bloomberg

James Perry, chief financial officer of Singapore’s Zilingo Pte, has resigned from the online fashion marketplace, according to people familiar with the matter, marking a high-profile departure at the once-flourishing startup that has struggled since the coronavirus outbreak.

Perry will return to Citigroup Inc. as Singapore-based managing director and co-head of technology investment banking for Asia Pacific, the people said, asking not to identified because the information is private.

Zilingo didn’t immediately provide a comment. Perry declined to comment when reached on Monday.

The veteran dealmaker joined Zilingo about a year ago after the startup secured a funding from investors including Temasek Holdings Pte and Sequoia Capital in early 2019. Before that, Perry had served as managing director and head of technology investment banking for Citigroup in Asia

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