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☆ Unilever's new CEO will inherit a company in flux
▼ + stars: | 2023-02-05 | by ( Alex Bitter | Ellen Thomas | ) www.businessinsider.com time to read: +9 min

Two of the five divisions remain focused on food products, an area that CEO Jope said Unilever considered spinning off. Food brands like Ben & Jerry's and Hellmann's would have become a separate company. Unilever's decision last year to spin off its tea business into a new company, Ekaterra, left many workers inside Unilever's food division nervous, the former employee said. One former Unilever executive pointed to Fernando Fernandez, who will assume the top job at the company's new beauty and wellbeing division. Fernandez has been Unilever's executive vice president for Latin America since 2019 and held other jobs with the company in the region before that.

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Netflix, Amazon, Chevron, Meta, Shopify & more
▼ + stars: | 2023-01-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley upgrades Colgate-Palmolive to overweight from equal weight Morgan Stanley said in its upgrade of Colgate that it sees an attractive entry point. "We upgrade shares from Neutral to Buy as we see the last of tough comparables for SHOP subsiding entering '23." Bank of America reiterates Meta as neutral Bank of America says it's cautious heading into Meta earnings on Wednesday. Berenberg upgrades Tesla to buy from hold Berenberg said in its upgrade of Tesla that "factory innovations support long-term margins." Morgan Stanley reiterates Southwest Airlines as overweight Morgan Stanley says it's sticking with shares of the airline.

☆ Nvidia says it is working with Microsoft to build 'massive' cloud AI computer
▼ + stars: | 2022-11-16 | by ( Jane Lanhee Lee | ) www.reuters.com time to read: +2 min

OAKLAND, Calif, Nov 16, (Reuters) - U.S. chip designer and computing firm Nvidia Corp (NVDA.O) on Wednesday said it is teaming up with Microsoft Corp (MSFT.O) to build a “massive” computer to handle intense artificial intelligence computing work in the cloud. The AI computer will operate on Microsoft’s Azure cloud, using tens of thousands of graphics processing units (GPUs), Nvidia’s most powerful H100 and its A100 chips. “We're seeing a broad groundswell of AI adoption ... and the need for applying AI for enterprise use cases.”In addition to selling Microsoft the chips, Nvidia said it will partner with the software and cloud giant to develop AI models. Buck said Nvidia would also be a customer of Microsoft’s AI cloud computer and develop AI applications on it to offer services to customers. This is important as heavy AI computing work requires thousands of chips to work together across several servers.

☆ High-performance computing saves the day
▼ + stars: | 2022-11-14 | by ( Sponsor Post | Sponsored Microsoft Azure | ) www.businessinsider.com time to read: +4 min

Whether there's a cyberattack or a heart attack, Microsoft Azure's high-performance computing solutions and Intel's processing speed empower Dataville's citizens to thwart danger, protect themselves, and innovate to create a better city. Dataville makes sustainable changesWhen Dataville senses that one unscrupulous factory in town is polluting the air, it's able to act quickly. Dataville provides better healthcareWhen Dataville citizens have a health crisis, healthcare providers can save the day. See how Microsoft Azure and Intel can give you superpowers. This post was created by Insider Studios with Microsoft Azure and Intel.

☆ How Oracle won the carmaker Subaru as a cloud customer by being cheaper than the competition
▼ + stars: | 2022-09-29 | by ( Belle Lin | ) www.businessinsider.com time to read: +4 min

The Japanese carmaker Subaru is using Oracle's cloud for its high-performance computing. Discounting is also a common tactic to win over those marquee customers — especially as the use of multiple cloud providers has become more common. Subaru completed the move from its data centers to Oracle's cloud in about six months, anticipating a 30% reduction in its technology costs after moving to the cloud, Takekuma said. Subaru is also using other cloud providers in other parts of the company, including Google Cloud for some of its machine learning and artificial-intelligence capabilities. "So it's absolutely critical that our data transfer, our authentication, all of those pieces, are able to smoothly interface with the other cloud providers'."

☆ Unilever is losing its CEO Alan Jope as the company finds itself at an inflection point. Insiders have questioned the massive reorganization and the entrenched 'too nice' culture he presided over.
▼ + stars: | 2022-09-28 | by ( Alex Bitter | Ellen Thomas | ) www.businessinsider.com time to read: +9 min

Editor's note: On Sunday, Unilever said that CEO Alan Jope will retire at the end of 2023. It looks at some of the challenges that Jope and Unilever faced in streamlining its structure through the reorganization, including a culture that is 'too nice' at times. Two of the five divisions remain focused on food products, an area that CEO Jope said Unilever considered spinning off. One former Unilever executive pointed to Fernando Fernandez, who will assume the top job at the company's new beauty and wellbeing division. Fernandez has been Unilever's executive vice president for Latin America since 2019 and held other jobs with the company in the region before that.

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