Month: November 2023
Bumble founder and CEO to step down early upcoming yr, Slack main government to do well her
DANA Level, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media’s 2023 Code Meeting at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Issue, California. (Image by Jerod Harris/Getty Photographs for Vox Media) Jerod Harris | Getty Photographs Entertainment | Getty Images Whitney Wolfe Herd, founder […]
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Bosch, SAP and others back again Europe’s answer to OpenAI with $500 million of contemporary cash
GPT-4 sign on web-site shown on a laptop screen and OpenAI emblem displayed on a cellular phone monitor are seen in this illustration photo taken in Poland on March 14, 2023. Jakub Porzycki | Nurphoto | Getty Illustrations or photos Aleph Alpha, a German startup taking on Microsoft-backed synthetic intelligence agency OpenAI, reported Monday it […]
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Disney hires veteran PepsiCo finance chief Hugh Johnston as new CFO
Hugh Johnston, PepsiCo David A. Grogan | CNBC Disney said Monday that Hugh Johnston, the longtime chief financial officer of PepsiCo, will join the company as its new CFO, as the entertainment giant contends with a sagging share price and streaming losses. Johnston has spent the last 34 years with PepsiCo, holding various positions at […]
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Google faces off with Epic Games as it enters its 2nd antitrust trial in two months
Google CEO Sundar Pichai (L), and Epic Games CEO Tim Sweeney. Reuters Google is headed back again to court for its next antitrust trial in two months, this time in protection of its Android Perform Shop. Although Google continues to argue in opposition to monopoly statements introduced by the Office of Justice and a bipartisan […]
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Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‘Project Bora Bora’
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC. Alex Wong | Getty Images When Citigroup CEO Jane Fraser announced in September that her sweeping corporate overhaul would result in an undisclosed number […]
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Klarna, Europe’s $6.7 billion purchase now, spend afterwards agency, sets wheels in movement for eventual IPO
“Buy-now, pay-later” business Klarna aims to return to financial gain by summer 2023. Jakub Porzycki | NurPhoto | Getty Photographs Get now, pay out later company Klarna has established a holding business in the U.K. that will sit at the leading of its company framework, in a symbolic move that paves the route for an […]
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European stocks start the week mixed; Ryanair gains on dividend announcement
Intesa Sanpaolo CEO says bank ready to propose a share buyback by end of the year Carlo Messina, CEO of Intesa Sanpaolo, discusses third-quarter earnings with CNBC. Telecom Italia down after approving fixed-line network sale to KKR Telecom Italia shares were 1.8% lower at 11 a.m. London time after the company approved an offer for […]
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Warren Buffett retains marketing BYD. Why some analysts however say it’s a invest in
Warren Buffett’s Berkshire Hathaway has much more than halved its stake in Chinese electrical vehicle stock BYD as a result of successive product sales in excess of the final 18 months, filings display. The latest share sale was dated Oct. 25, just days before BYD produced history quarterly earnings that prompted a several analysts to […]
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Help trickles in to Nepal villages struck by earthquake as survivors salvage belongings from rubble
Broken homes lie in ruins, in the aftermath of an earthquake at Pipaldanda village of Jajarkot district on November 4, 2023. At the very least 132 persons had been killed in an overnight earthquake that struck a remote pocket of Nepal, officials stated on November 4, as safety forces rushed to assist with rescue attempts. […]
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Israel-Hamas war live updates: Blinken in Turkey for Gaza talks; Israel says it’s taken control of Hamas outpost
Jordan airdrops emergency supplies to Gaza Strip The Jordan air force carried out an emergency overnight airdrop of medical and pharmaceutical supplies to the Jordanian field hospital in the Gaza Strip, it said in a Google-translated social media update. “This is our duty to aid our brothers and sisters injured in the war on Gaza. […]
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