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Satya Nadella - 5 — - 2 Dan DeFrancesco - 2 Hallam Bullock - 2 Sam Altman - 2 Altman - 2 Greg Brockman - 2 Mira Murati - 2
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6 mentions found


☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
  + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .
Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London
☆ Microsoft confirms layoffs in mixed reality but will keep selling HoloLens 2 headsets
  + stars: | 2024-06-03 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Microsoft will lay off some employees who work on mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the HoloLens 2 augmented reality headset, Microsoft plans to continue selling the device. "Earlier today we announced a restructuring of the Microsoft's Mixed Reality organization," the spokesperson said in an email. In addition, we will continue to invest in W365 to reach the broader Mixed Reality hardware ecosystem. In December, Microsoft further reduced investment in augmented reality and virtual reality, which blocks out the surrounding world, when it deprecated Windows Mixed Reality, which included tools for running applications in head-mounted displays.
Persons: Satya Nadella, Apple Organizations: Microsoft, CNBC, Department, U.S . Defense Department, Bloomberg, Nvidia, Vision, Microsoft Ignite, Meta Locations: Redmond , Washington, Seattle
☆ Ousted OpenAI head Sam Altman to lead Microsoft's new AI team
  + stars: | 2023-11-20 | by ( Matt Clinch | ) www.cnbc.com   time to read: +2 min
Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Former OpenAI CEO Sam Altman will be joining Microsoft to lead a new advanced AI research team, according to Microsoft CEO Satya Nadella. OpenAI's board announced late Friday that it was removing Altman and replacing him on an interim basis with technology chief Mira Murati. This did not dissuade a group of OpenAI investors, who were pushing to bring Altman back as CEO over the weekend. Late Sunday night, OpenAI said it was bringing on board former Twitch CEO Emmett Shear to run the artificial intelligence company.
Persons: Sam Altman, Satya Nadella, Nadella, Altman, Greg Brockman, reshared, OpenAI's, Mira Murati, OpenAI, Emmett Shear, Brockman — Organizations: Economic Cooperation, Microsoft, Tech, OpenAI, Microsoft Ignite Locations: Asia, San Francisco , California, U.S
☆ Sam Altman's ouster leaves OpenAI, Microsoft employees 'completely shocked,' insiders say
  + stars: | 2023-11-18 | by ( Kali Hays | Ashley Stewart | ) www.businessinsider.com   time to read: +4 min
The announcement left OpenAI and Microsoft workers "completely shocked," people inside both companies told Business Insider. Another shock came about an hour later when OpenAI co-founder and president Greg Brockman announced that he had "quit" over Altman's ouster. Perhaps there were signs all was not well when it came to OpenAI's business, one Microsoft employee told BI, which Microsoft has reportedly backed to the tune of at least $10 billion. Are you an OpenAI employee or someone with a tip or insight to share? Are you a Microsoft employee?
Persons: Sam Altman, Altman, Mira Murati, Ilya Sutskever, He's, OpenAI, Greg Brockman, Brockman, shakeup, Steve Jobs, Satya Nadella, we're, Kali Hays Organizations: Microsoft, Business, OpenAI's San, Apple, OpenAI, Microsoft Ignite, Twitter Locations: OpenAI, OpenAI's San Francisco, Mira, Copilot, khays@insider.com, @hayskali
☆ The hidden woes of being in a relationship with a startup founder
  + stars: | 2023-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
In today's big story, a Business Insider reporter gives her unique perspective on navigating life as a startup founder's wife. The big storyA founder's other backerJosh Cochran for InsiderThe startup world is not for the faint of heart. Melia's account of her relationship with Kyle and his startup is equal parts entertaining, heartwrenching, and informative. AdvertisementJosh Cochran for InsiderAs if being a founder spouse wasn't difficult enough, Melia has the bonus of covering the space as a reporter. And while that's true of any relationship, it's especially pertinent in the volatile startup ecosystem.
Persons: —, Josh Cochran, it's, Insider's Melia Russell, Kyle, Melia, takeaways Melia, Lennihan, Alexander Spatari, Pete Weir, Weir, — it's, HENRY, Steve Irwin, Satya Nadella, Bolton Clarke, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Brandon Bell, Getty, Associated Press, Apple, Google, US, York City, Discovery Education, Australia, Microsoft, Cisco Locations: Brandon, York, New York City, San Diego, London, New York
☆ Citi says favorable setup for this Big Tech stock should send it higher in the next 90 days
  + stars: | 2023-09-11 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +2 min
There's a "rich" catalyst path ahead for Microsoft shares, according to Citi. The firm initiated a positive 90-day catalyst watch on Microsoft shares. While the tech giant's stock is up nearly 40% year to date, it has lagged on a relative basis since it issued disappointing quarterly revenue guidance in July. Microsoft shares have declined 5% since, while other shares in its peer group have gained 4.9%. Radke's initial read on fiscal first-quarter earnings is more positive owing to inputs on cloud consumption trends and stabilization in the PC market.
Persons: Tyler Radke, Radke, — CNBC's Michael Bloom Organizations: Microsoft, Citi, CoPilot
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