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Elon Musk, Ex-Twitter CEO Parag Agrawal Settle $128 Million Severance Case
Elon Musk and the company formerly known as Twitter have agreed to resolve a $128 million lawsuit filed last year by former Chief Executive Officer Parag Agrawal and three other top officials who said they were denied severance payments.
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Meta Unveils New AI-Powered Smart Glasses, Continuing Metaverse Push
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.
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Struggling Chipmaker Intel Names Industry Veteran Lip-Bu Tan As CEO
Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race.
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How Elliott Hill Went From Being An Intern To Nike's CEO
Nike has announced the return of Elliott Hill as president and CEO, succeeding John Donahoe.
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Adani Ports To Handle 400 MTPA Of Cargo In FY24, Says CEO Subrata Tripathi
Adani Ports and Special Economic Zone Ltd. expects to handle over 400 million tonnes per annum of cargo in FY24, in line with its target of 500 MTPA by 2025, according to Adani Ports Chief Executive Officer Subrata Tripathi.
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Rolls-Royce To Cut Nearly 2500 Jobs For "More Streamlined" Organisation
Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff.
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Mark Zuckerbergs Metaverse Lost $21 Billion On Reality Labs In Roughly 18 Months
Reality Labs, the creation of Mark Zuckerberg, appears to be suffering some serious difficulties with a large loss of $21 billion in a very brief period of 18 months.
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Nissan's Top Official Ashwani Gupta To Quit Over "Rivalry": Report
Nissan's chief operating officer Ashwani Gupta will leave his position at the Japanese automaker, a source said Thursday, confirming a report that described a leadership clash within the company.
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Latest Banking Crisis Will Be "Felt For Years": JPMorgan Chase CEO
While the current banking crisis isn't like 2008, it "is not yet over" and will be felt for years to come, JPMorgan Chase Chief Executive Jamie Dimon said Tuesday.
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Hackers Stole $415 Million In Cryptocurrency After Bankruptcy: FTX Chief
FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.
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Tim Cook Conveyed Apple App Store Curb Concerns To Japan PM: Report
Apple Inc Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday citing sources.
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Bahamas Orders FTX Founder Bankman-Fried Extradited To Face US Fraud Charges
The Bahamas ordered Sam Bankman-Fried, the founder of collapsed cryptocurrency business FTX, to be extradited Wednesdayto face charges of fraud in New York.
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Bullied, Then A Suicide Attempt. Now, She Is Among Youngest Indian CEOs
Radhika Gupta, the Chief Executive Officer of Edelweiss MF, has shared her inspiring journey from being bullied for her "crooked neck" to becoming one of the youngest CEOs in the country.
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Mercedes-Benz CEO Says Raw Material Scarcity Could Delay E-Mobility - Die Zeit
Carmakers are working to secure supplies of materials from lithium, nickel, and manganese for batteries to magnesium for car components.
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Twitter CEO Parag Agrawal Faces Employee Anger Over Elon Musk's Criticism
Twitter Chief Executive Parag Agrawal sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk.
-
Elon Musk, Ex-Twitter CEO Parag Agrawal Settle $128 Million Severance Case
Elon Musk and the company formerly known as Twitter have agreed to resolve a $128 million lawsuit filed last year by former Chief Executive Officer Parag Agrawal and three other top officials who said they were denied severance payments.
-
Meta Unveils New AI-Powered Smart Glasses, Continuing Metaverse Push
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.
-
Struggling Chipmaker Intel Names Industry Veteran Lip-Bu Tan As CEO
Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race.
-
How Elliott Hill Went From Being An Intern To Nike's CEO
Nike has announced the return of Elliott Hill as president and CEO, succeeding John Donahoe.
-
Adani Ports To Handle 400 MTPA Of Cargo In FY24, Says CEO Subrata Tripathi
Adani Ports and Special Economic Zone Ltd. expects to handle over 400 million tonnes per annum of cargo in FY24, in line with its target of 500 MTPA by 2025, according to Adani Ports Chief Executive Officer Subrata Tripathi.
-
Rolls-Royce To Cut Nearly 2500 Jobs For "More Streamlined" Organisation
Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff.
-
Mark Zuckerbergs Metaverse Lost $21 Billion On Reality Labs In Roughly 18 Months
Reality Labs, the creation of Mark Zuckerberg, appears to be suffering some serious difficulties with a large loss of $21 billion in a very brief period of 18 months.
-
Nissan's Top Official Ashwani Gupta To Quit Over "Rivalry": Report
Nissan's chief operating officer Ashwani Gupta will leave his position at the Japanese automaker, a source said Thursday, confirming a report that described a leadership clash within the company.
-
Latest Banking Crisis Will Be "Felt For Years": JPMorgan Chase CEO
While the current banking crisis isn't like 2008, it "is not yet over" and will be felt for years to come, JPMorgan Chase Chief Executive Jamie Dimon said Tuesday.
-
Hackers Stole $415 Million In Cryptocurrency After Bankruptcy: FTX Chief
FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.
-
Tim Cook Conveyed Apple App Store Curb Concerns To Japan PM: Report
Apple Inc Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday citing sources.
-
Bahamas Orders FTX Founder Bankman-Fried Extradited To Face US Fraud Charges
The Bahamas ordered Sam Bankman-Fried, the founder of collapsed cryptocurrency business FTX, to be extradited Wednesdayto face charges of fraud in New York.
-
Bullied, Then A Suicide Attempt. Now, She Is Among Youngest Indian CEOs
Radhika Gupta, the Chief Executive Officer of Edelweiss MF, has shared her inspiring journey from being bullied for her "crooked neck" to becoming one of the youngest CEOs in the country.
-
Mercedes-Benz CEO Says Raw Material Scarcity Could Delay E-Mobility - Die Zeit
Carmakers are working to secure supplies of materials from lithium, nickel, and manganese for batteries to magnesium for car components.
-
Twitter CEO Parag Agrawal Faces Employee Anger Over Elon Musk's Criticism
Twitter Chief Executive Parag Agrawal sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk.
