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— - 3 Satya Nadella - 2 Nadella - 2 Satya Nadella — - 2 Frank Slootman - 1 Tim Cook - 1 He's - 1 Cook - 1
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☆ The tech CEO who quietly built a bigger fortune than Tim Cook
  + stars: | 2024-03-04 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
Former Snowflake CEO Frank Slootman has achieved vast wealth as a non-founding tech exec. Bloomberg pegs his net worth at $3.7 billion — higher than both Tim Cook and Satya Nadella. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe wildly successful and outspoken tech executive who just stepped down as CEO of Snowflake may not be as well-known as Apple's Tim Cook or Microsoft's Satya Nadella — but he's wealthier than both.
Persons: Frank Slootman, Tim Cook, Satya Nadella, He's, —, Nadella, Cook, Slootman, Snowflake, Peter Thiel, Elon Musk, Palmer, Katie Warren, Sridhar Ramaswamy Organizations: Snowflake, Bloomberg, Service, ServiceNow Inc, Data, Google Locations: Netherlands
☆ Zelenskyy Takes Center Stage in Davos as He Tries to Rally Support for Ukraine's Fight
  + stars: | 2024-01-16 | by ( Associated Press | Jan. | At A.M. | ) www.usnews.com   time to read: +3 min
Political Cartoons View All 253 ImagesZelenskyy is following that up with his first trip to Davos as president after speaking by video in previous years. The corporate chiefs will hear “what kind of immediate assistance is needed” and lay out how private and public sectors can help Ukraine rebuild one day, forum organizers say. The session will draw NATO leader Jens Stoltenberg, German Vice Chancellor Robert Habeck and U.S. envoy for Ukraine's economic recovery, Penny Pritzker, among others. While the geopolitical situation has oozed gloom, businesses appear more hopeful — in part from prospects that artificial intelligence can help boost productivity. Leading Western stock indexes shot up in 2023, and falling inflation raised hopes of a decline in interest rates.
Persons: Volodymyr Zelenskyy, Zelenskyy, Jordan, Premier Li Qiang, Ursula von der Leyen, Jake Sullivan, Donald Trump —, Putin —, White, Viola Amherd, Jens Stoltenberg, Robert Habeck, Penny Pritzker, Gitanas Nauseda, José Manuel Albares Bueno, Satya Nadella — Organizations: European Union, Russia, Hamas, Premier, United States, Ukraine, —, Bruins, Spanish, Microsoft Locations: DAVOS, Switzerland, Swiss, Davos, United States, China, Qatar, Zelenskyy, Russia, Bern, Ukraine, ”, East, Europe
☆ The CEO of IBM says he doesn't intend to 'get rid of' a single programmer because of AI
  + stars: | 2023-10-04 | by ( Kai Xiang Teo | ) www.businessinsider.com   time to read: +3 min
IBM CEO Arvind Krishna says he doesn't intend to "get rid of a single one" of his programmers because of AI. He also added that though AI could automate a "repetitive, white-collar job," it was a job creator. AdvertisementAdvertisementAmid growing fears of AI-induced job cuts, IBM's CEO Arvind Krishna says he doesn't intend to lose any programmers because of the technology. Studies have also pointed to AI boosting workers' productivity but with a greater impact on less skilled workers. AdvertisementAdvertisementAn April study that equipped customer service representatives with AI tools found that the lowest-skilled workers saw a productivity boost of 35% — while higher-skilled workers saw "closer to 0%."
Persons: Arvind Krishna, Krishna, —, Goldman Sachs, Satya Nadella — Organizations: Service, Fortune's, Bloomberg, McKinsey, IBM
☆ Big Tech vs. the government: How Alphabet, Amazon, Microsoft are responding to antitrust allegations
  + stars: | 2023-10-02 | by ( Morgan Chittum Paulina Likos | Morgan Chittum | Paulina Likos | ) www.cnbc.com   time to read: +8 min
In our view, the companies in the regulators' sights — Alphabet 's (GOOGL) Google, Amazon (AMZN) and Microsoft (MSFT) — are not engaged in anti-competitive behavior. In January, the DOJ filed a second, separate antitrust lawsuit against Alphabet in the U.S. District Court for the Eastern District of Virginia. MSFT YTD mountain Microsoft YTD U.K. regulators have also hounded the Big Tech name, aiming to block Microsoft's acquisition of Activision over cloud gaming concerns. In a showdown years in the making, the FTC last month filed a highly-anticipated antitrust lawsuit against e-commerce giant Amazon. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.
Persons: Satya Nadella, —, Nadella, Bing, Jim Cramer, Activision Blizzard, ChatGPT, Morgan Stanley, Joe Biden, Lina Khan, Khan, Jim, Jim Cramer's, Justin Tallis Organizations: Big Tech, Google, Microsoft, Washington D.C, Justice, District of Columbia, DOJ, Eastern, of, Activision, Federal Trade Commission, FTC, Ubisoft, U.K, Markets Authority, Yale Law, Amazon, CNBC, Apple, Facebook, Getty Locations: Washington, U.S, of Virginia, Virginia, Amazon
☆ Twitter accuses Microsoft of refusing to pay for tweets and abusing its data access
  + stars: | 2023-05-19 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN —Twitter is accusing Microsoft of abusing its data access privileges to its platform, in the latest sign of the social network’s owner Elon Musk igniting a feud between the two tech companies. Microsoft refused to pay Twitter to maintain its data access through Twitter’s application programming interface (API) after Twitter erected a paywall seeking to charge for data, according to the letter. The letter called on Microsoft to provide information about its past two years of Twitter API usage, setting a deadline of June 7. “We heard from a law firm representing Twitter with some questions about our previous use of the free Twitter API. Musk’s targeting of Microsoft over its AI investments appears closely linked to his overall criticisms of existing AI models.
☆ Microsoft's $10 billion bet on ChatGPT's maker gives it a powerful new weapon in the cloud wars with Amazon and Google
  + stars: | 2023-01-25 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +6 min
Cloud, increasingly important to Microsoft, Amazon, and Google, is slowing down in the short term. But the company has a longer-term strategic weapon that could help it win the cloud wars: its once-in-a-generation bet on OpenAI. Any hint of a slowdown in growth for Microsoft's Azure, Amazon's AWS, and Google Cloud tends to provoke analyst angst. Even if there are immediate challenges for cloud growth, Microsoft sees its OpenAI bet, reported to be worth $10 billion, as a bigger strategic move. Microsoft Cloud, which also includes revenue from Office 365 and other products as well as Azure, represented around 50% of the company's overall revenue.
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