Who can replace Jensen Huang as Nvidia CEO? These four names are buzzing in AI circles.
As Nvidia’s board seeks a new CEO, experts say that person will need a rare balance of tech vision and business savvy
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WASHINGTON, DC – JANUARY 21: OpenAI CEO Sam Altman appears during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons…
Stocks Finish Sharply Higher on Strong Earnings and Push to Reopen Hormuz
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +1.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.32%. September E-mini S&P futures (ESU26) rose +1.79%, and September E-mini Nasdaq futures (NQU26) rose +3.22%. Stock indices rallied sharply on Tuesday, with the S&P 500 and Dow Jones…
Investors are dumping AI stocks as ‘tech wreck’ worsens. Here’s where they’re turning now.
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Microsoft offers buyouts to nearly 30% of workforce in ongoing AI shift
Microsoft is offering buyouts to roughly 60,000 employees, or about 27% of its workforce, as the software giant continues to spend heavily on artificial intelligence. In a note to employees on Monday, chief people officer Amy Coleman introduced the new program, noting that eligible employees include senior leaders, up to vice presidents. “This offer gives…
She Sold Poppi for $1.95 Billion. Here’s Her Next Big Project.
Key Takeaways Allison and Stephen Ellsworth are launching Jetty, a new “everyday hydration” brand. Hydration is a declining category, but they see a major unmet need in the space. When debuting a product, it’s important to build an emotional connection with consumers. Your packaging can do a lot of that work. After selling a company…
FIFA Leadership Crisis: Lamour Exits Amid Infantino Controversy
FIFA COO Departs as Infantino’s Leadership Faces Backlash Over Controversial Plan Leadership Shakeup and Controversy at FIFA By Rohith Nair Aug 17 (Reuters) – FIFA said on Monday that Chief Operating Officer Kevin Lamour had left the organisation, weeks after he publicly criticised Gianni Infantino’s plan to sell a stake in the commercial rights of…
