Arrest designed in stabbing demise of Hard cash Application founder Bob Lee, adult men reportedly knew just about every other

Arrest designed in stabbing demise of Hard cash Application founder Bob Lee, adult men reportedly knew just about every other


Bob Lee, the chief products officer at MobileCoin, who was killed Apr. 4, 2023.

Supply: MobileCoin

San Francisco supervisor Aaron Peskin tells CNBC that an arrest has been manufactured in the April 4 deadly stabbing of Cash Application founder Bob Lee.

Previously on Thursday, regional San Francisco information outlet Mission Local reported that law enforcement went to Emeryville, California, with a warrant to arrest a suspect in the scenario, but CNBC has not yet been ready to ensure the identification of the suspect so is not naming him in this article. In accordance to the report, nonetheless, the suspect worked in the tech business and understood Lee.

Peskin separately explained to NBC Bay Spot that the San Francisco Law enforcement Section arrested an particular person in Emeryville and that “apparently” the murder was “not a random act,” but available no additional specifics. The law enforcement division is envisioned to hold a push meeting with extra particulars afterwards on Thursday.

San Francisco law enforcement officers discovered Lee, 43, with stab wounds at 2:35 AM in a deserted part of downtown San Francisco. He was taken to a medical center with life-threatening injuries and later on died, police claimed at the time.

Lee experienced been working as the main product officer of the cryptocurrency company MobileCoin. He formerly served as chief technological innovation officer of Square (now recognized as Block), a financial technologies organization co-established by the previous Twitter chief Jack Dorsey. Lee went on to build Dollars App, a cash transfer services.

He was also an investor in Elon Musk’s SpaceX enterprise as effectively as other tech corporations, this kind of as the social audio application Clubhouse, in accordance to his LinkedIn profile.

He was broadly praised by previous colleagues, including MobileCoin CEO Joshua Goldbard, who said in a Twitter thread that Lee was a “brilliant” visionary with a “kaleidoscopic” mind.

— NBC Bay Place contributed reporting to this report.





Source

CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration
Technology

CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration

CoreWeave‘s stock dropped 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a 21-cent loss per share expected by analysts polled by LSEG. CoreWeave’s results came as the lock-up […]

Read More
Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities
Technology

Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities

An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on Oct. 7, 2020. David Paul Morris | Bloomberg | Getty Images Amazon is rolling out same-day delivery of fresh foods to more pockets of the U.S. as it looks […]

Read More
Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound
Technology

Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound

Key Points Ether at one point Wednesday traded as high as $4,714.02, putting it less than $200 away from its November 2021 all-time high. Inflows into ether ETFs are up to $1.5 billion so far this week, compared to $244 million into bitcoin ETFs. Standard Chartered raised its price target on ETH to $7,500 by […]

Read More