All articles tagged with #internal communications
Google has reportedly spent 15 years concealing its internal communications, raising concerns about privacy and transparency within the company. This revelation highlights potential legal and ethical issues surrounding how Google manages and protects its internal conversations.
Internal communications from now-bankrupt cryptocurrency exchange FTX reveal that its leadership had difficulty understanding its own positions and recordkeeping, making it nearly impossible to comply with normal financial controls. FTX founder and former CEO Sam Bankman-Fried saw this as a sign of success, describing the company as "hilariously beyond any threshold of any auditor being able to even get partially through an audit." However, the lack of proper recordkeeping ultimately led to FTX's failure, highlighting the importance of financial controls in the cryptocurrency industry.
Internal communications from now-bankrupt crypto exchange FTX reveal that leadership had difficulty understanding their own positions and recordkeeping, making it nearly impossible to comply with normal financial controls. FTX founder and former CEO Sam Bankman-Fried saw this as a sign of success, describing Alameda, the company's recordkeeping system, as "hilariously beyond any threshold of any auditor being able to even get partially through an audit." However, the lack of proper recordkeeping ultimately led to FTX's downfall.