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☆ Palantir CEO Alex Karp says he loves 'burning the short-sellers' who bet against 'great companies' to fund their cocaine habits
▼ + stars: | 2024-03-14 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Goldman Sachs, Barclays, and Ken Griffin's hedge fund Citadel are among the names who've bet against Karp's company, per MarketBeat. Karp also acknowledged in his CNBC interview that some Palantir staff had left due to its vocal support for Israel. Disclosure: Palantir Technologies CEO Alexander Karp is a member of Axel Springer's shareholder committee.

Persons: —, Palantir, CNBC's, Alex Karp, who'd, Karp, Goldman Sachs, Ken Griffin's, We've, it's, Peter Thiel —, Alexander Karp, Axel Springer's, Axel Springer Organizations: Service, Business, US Army, Refinitiv, Barclays, Citadel, CNBC, Israel, Hamas, Palantir, Insider Inc Locations: Tel Aviv, Israel

☆ The CEO of Palantir says he expects to keep losing employees over the company's support for Israel
▼ + stars: | 2024-03-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

The CEO of Palantir said the company has lost employees due to its support of Israel. AdvertisementPalantir CEO Alexander Karp said the company has lost employees due to its public support for Israel. "We've lost employees. I'm sure we'll lose employees," Karp said in an interview with CNBC's " Money Movers " on Wednesday. From my perspective it's not just about Israel," Karp told CNBC on Wednesday.

Persons: Palantir, —, Alexander Karp, We've, Karp, CNBC's, it's, Google Israel, Axel Springer's, Axel Springer Organizations: Service, Israel, Israeli Ministry of Defense, CNBC, Hamas, Apple, Google, Microsoft, BlackRock, Wired, Business Insider, Palantir, Insider Inc, Business Locations: Israel, Tel Aviv, Ukraine, Gaza

☆ Thomson Reuters is exploring an AI deal as more tech giants court news publishers
▼ + stars: | 2024-01-15 | by ( Dan Whateley | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. The company's vast data sets could be particularly useful for companies like OpenAI, Microsoft, or Google that are building generative AI features. AdvertisementSome media companies, including Business Insider owner Axel Springer, have already signed licensing deals with AI providers. Apple is also in discussions with some news publishers to gain access to content to bolster its generative AI efforts, per a New York Times report.

Persons: —, Thomson, We've, Steve Hasker, Axel Springer, Axel Springer's, OpenAI Organizations: Service, Thomson Reuters, Bloomberg, Business, Reuters, Microsoft, Politico, New York Times

“We stand by Business Insider and its newsroom,” said a spokesman for Axel Springer, the German media company that owns the publication. With its stories, Business Insider raised both the idea of hypocrisy and the possibility that academic dishonesty is widespread, even among the nation's most prominent scholars. The business leader reached out in protest to board members at both Business Insider and Axel Springer. “Business Insider supports and empowers our journalists to share newsworthy, factual stories with our readers, and we do so with editorial independence,” Peng wrote. Business Insider would not say who conducted the review of its work.

Persons: Claudine Gay, ”, Axel Springer, Neri Oxman, Bill Ackman, Gay, Axel Springer's, ” Ackman, Ackman, “, Oxman, Barbara Peng, ” Peng, ” Harvard's, Nicholas Carlson, Carlson Organizations: MIT, Business, Harvard, Pershing, Oxman, The New York Times, Times, The Washington Post Locations: Israel

☆ Microsoft CEO Satya Nadella talks AI, closing the Activision Blizzard deal, and his best business decision so far
▼ + stars: | 2023-10-22 | by ( Mathias Döpfner | ) www.businessinsider.com time to read: +47 min

Just like the cloud transformed every software category, we think AI is one such transformational shift. Therefore, this notion of Copilots that we're introducing is really going to be revolutionary in terms of driving productivity and communication. Milton Friedman once famously said: "the business of business is business." One is, is the business of business just business? So, I think AI can actually be very helpful in many ways to be a little more empathetic and more understanding of the world.

Persons: Satya Nadella, Axel Springer's, OpenAI, Nadella, Axel Springer, —, Mathias Döpfner, Pankaj Nangia, Steve Ballmer, Steve, I've, It's, I'd, Herbert Simon, Karl Marx, Lakshmi, Hayek, Marx, Justin Sullivan, Carol Dweck, they're, Vuk Valcic, That's, it's, you've, Jae, Copilot, Jeff Bezos, I'm, We've, Milton Friedman, Elon Musk, we've, Lina Khan, Sam Altman, Sam, Tomohiro Ohsumi, Bard, Bing, Mathias, wouldn't, Picasso, Jakub Porzycki, Mustafa Suleyman, We'll Organizations: Service, Microsoft, Olympic, Australia, Getty, Activision Blizzard, Gaming, AP, Windows, Linux, Children's Hospital, University of Wisconsin, Associated Press, Google Locations: Berlin, India, Hyderabad, Seattle, United States, Milwaukee, American, China, derisking, DC, Beijing, Europe, GitHub, British

☆ Microsoft CEO Satya Nadella says empathy isn't a soft skill — it's actually 'the hardest skill we learn'
▼ + stars: | 2023-10-17 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +3 min

Microsoft CEO Satya Nadella thinks empathy is an important business skill, not just a soft skill. AdvertisementAdvertisementMicrosoft CEO Satya Nadella thinks that empathy is more than just a soft skill — it's crucial in both personal and professional life. "Empathy is not a soft skill," Nadella said in an interview with Axel Springer CEO Mathias Döpfner on Tuesday. "It reshaped me as a human being, as a parent, as a partner, and as a leader at work," Nadella said. On a broader level, Nadella also thinks empathy plays a key role in driving innovation.

Persons: Satya Nadella, Nadella, Axel Springer's, —, Axel Springer, Mathias Döpfner, Zain, Anu, — he's Organizations: Service, Ernst Locations: Seattle, Berlin

☆ Microsoft CEO Satya Nadella says he weighs 2 factors when considering making an acquisition
▼ + stars: | 2023-10-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Satya Nadella has orchestrated a slew of acquisitions at Microsoft since becoming CEO in 2014. His remarks come on the heels of Microsoft closing its $69 billion Activision Blizzard deal. AdvertisementAdvertisementSatya Nadella has closed a number of deals for Microsoft in his tenure as CEO, and he says there are two key factors he considers when eyeing possible acquisitions. Nadella discussed his thought process for acquisitions while speaking at the Axel Springer Award ceremony in Berlin on Tuesday. Axel Springer is Insider's parent company.

Persons: Satya Nadella, Axel Springer's, —, Nadella, Axel Springer Organizations: Microsoft, Activision Blizzard, Service, Activision, Mojang Studios Locations: Berlin

☆ German media group Axel Springer eyes AI acquisitions
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +1 min

BERLIN, June 9 (Reuters) - German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in artificial intelligence, CEO Matthias Doepfner said in an internal podcast to employees obtained by Reuters. The M&A competence centre "needs to entirely focus on acquisitions - early-stage acquisitions or later-stage acquisitions in AI companies - that can be, for various reasons, important or attractive for Axel Springer," Doepfner said. But the strategy could also turn up Axel Springer's next StepStone, he added. If the market environment improves, Axel Springer aims to go public with StepStone, a popular online jobs portal, this year. Doepfner said he is particularly interested in AI technology that seeks to disrupt Axel Springer's business models of advertising, e-commerce and journalism.

Persons: Axel Springer, Matthias Doepfner, Doepfner, Axel Springer's, Klaus Lauer, Rachel More, Miranda Murray Organizations: Reuters, Thomson Locations: BERLIN

Robert Allbritton launched Protocol in early 2020 with a lofty goal of replicating his success with Politico for the tech industry. But that was a nonstarter, in part because Axel Springer, through a joint venture, already owned half of Politico Europe. Axel Springer acquired Protocol in October 2021 as part of its $1 billion-plus acquisition of Politico. Goli Sheikholeslami became CEO of Politico Media Group in February and was focused on the task of integrating Politico's US and Europe operations. The person familiar with the business said that Axel Springer gave Protocol a real shot.

According to a person familiar with the business, some inside Politico originally hoped to create what became Protocol as a direct offshoot — using a name like "Politico Tech." But that was a nonstarter, in part because Axel Springer already owned the rights to half of the Politico brand in Europe. Axel Springer acquired Protocol in October 2021 as part of its $1 billion-plus acquisition of Politico. Goli Sheikholeslami became CEO of Politico Media Group in February and was focused on the task of integrating Politico's US and Europe operations. A few former employees, in retrospect, wondered how committed Axel Springer was to the little tech-news site that came bundled with its Politico purchase.

☆ Jeff Bezos responds to criticism over investing in space travel instead of solving problems on Earth: 'We go to space not to abandon our home, but to protect it'
▼ + stars: | 2022-10-18 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

In a speech at the Vatican, Jeff Bezos addressed people who ask why he invests "so much into space." The former Amazon CEO said investing in going to space will benefit the Earth and "protect it." The goal for Blue Origin, Bezos has previously said, is to make traveling to space cheaper, more frequent, and more accessible. In 2018, Bezos said Blue Origin was "the most important work I'm doing," in an interview with Axel Springer's CEO Mathias Döpfner. Bezos founded the Bezos Earth Fund in 2020, which will disburse $10 billion, committed by Bezos, in the current decade to fight climate change and protect nature.

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