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OpenAI CEO Sam Altman says he and Microsoft CEO Satya Nadella are "nowhere near the frenemy territory." AdvertisementAdvertisementOpenAI CEO Sam Altman says that he isn't frenemies with Microsoft CEO Satya Nadella. "It's really good," Altman said about his relationship with Nadella, while adding that the pair have their squabbles. Microsoft is investing over $10 billion in OpenAI, granting Microsoft access to advanced AI systems while backing OpenAI's research. Representatives for Altman and Nadella did not immediately respond to requests for comment from Insider, sent outside regular business hours.
Persons: Sam Altman, Satya Nadella, Altman, , Joanna Stern, Nadella, Stern, Microsoft's Bing, Microsoft's Bing chatbot, OpenAI, Elon Musk, ChatGPT Organizations: Microsoft, Service, WSJ Tech, Wall Street, Elon
Microsoft's CEO said Hamas' terrorist attack must be "condemned in the strongest possible ways." Satya Nadella was asked about his thoughts on the war and anti-Israel demonstrations at universities during an interview with Axel Springer. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementMicrosoft CEO Satya Nadella spoke out against the Hamas terrorist attacks on Israel and anti-Israel demonstrations at American universities during an interview with Axel Springer, Insider's parent company, on Tuesday. "There was a terrorist attack by Hamas on innocent citizens of Israel, and that has to be condemned in the strongest possible ways," Nadella said during an interview with Axel Springer CEO Mathias Döpfner.
Persons: Satya Nadella, Axel Springer, , Nadella, Mathias Döpfner, Döpfner Organizations: Elite, Harvard, Service, Microsoft, Yale, Stanford Locations: Israel, Berlin, American
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
When Phil Spencer took the helm of Microsoft's gaming division in 2014, he and newly appointed CEO Satya Nadella weren't sure if the company should keep investing in the Xbox, which was losing to Sony. Less than a decade later, Spencer and the Xbox are at the center of the software company's largest acquisition ever. Coyner, who left Microsoft in 2018, said he's confident that smart people at the company can explain the high price. He told an interviewer from gaming website Shacknews in 2020 that he only got to become head of Microsoft's gaming division because so many other people had left, and he was still there. In the most recent fiscal year, gaming revenue was $15.5 billion, accounting for 7.3% of total Microsoft sales.
Persons: Phil Spencer, Satya Nadella weren't, Spencer, Don Coyner, it's Organizations: Sony, Activision, Microsoft, European Commission, Federal Trade, FTC, Nintendo Locations: U.S, San Francisco
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
Insider Today: Tech workers are bummed
  + stars: | 2023-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
AdvertisementAdvertisementIn today's big story, we're looking at why some tech workers don't love their jobs anymore. Many factors led to the shift, from significant layoffs in Big Tech to in-office mandates and financial pressure due to high interest rates. AdvertisementAdvertisement(Interestingly enough, Terrazas writes that workers in non-tech roles — like human resources and marketing — report the highest job satisfaction at Big Tech companies.) But it feels like tech workers themselves will end up having to do a bit of recalibration. Working in Big Tech has become a job like any other corporate gig.
Persons: Alyssa Powell, tech's, Aaron Terrazas, Terrazas, Insider's Hugh Langley, Grace Kay, Garry Gensler, Drew Angerer, Gary Gensler, Janet Yellen, it's, Satya Nadella, JASON REDMOND, ADAM GRAY, didn't, Israel, Don't, Rae Dunn, Jim Jordan, Jada Pinkett, Pinkett Smith, Will Smith, Goldman Sachs, Lockheed Martin, Johnson, Leah Kern, Joe's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Sigma, Insider Tech, Big Tech, Tech, Terrazas, SEC, Getty, LinkedIn, Tesla Edinburgh, Amazon, Republican, Bank of America Locations: Big, Israel, Ukraine, AFP, Tesla, Temple, El, New York City, York, San Diego, London, New York
Satya Nadella, CEO of Microsoft, weighed in on AI's capacity for empathy and manipulation during an interview on Tuesday. Answers to existential AI questions rest on philosophy as well as tech, according to Nadella. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Nadella and Döpfner discussed the "ethical issues" of AI developing human emotions like empathy or a sense of humor on Tuesday. AdvertisementAdvertisement"We need some moral philosophers to guide us on how to think about this technology and deploying this technology," the Microsoft CEO said.
Persons: Satya Nadella, , Mathias Döpfner, Axel Springer, Nadella, Döpfner, Elon Musk, We've, Musk's, OpenAI Organizations: Microsoft, Service, Business
Microsoft -owned LinkedIn announced Monday that it cut almost 700 employees, with most coming from the engineering organization, according to a memo viewed by CNBC. The reductions come as the business-oriented social network has seen year-over-year revenue growth slow for eight consecutive quarters. The slimming down comes as Microsoft's overall revenue growth has slipped, pushing CEO Satya Nadella to lower costs across the company. LinkedIn is now ramping up hiring in India, according to the person familiar with the matter. Broken down there are 137 Engineering management roles and 38 Product roles being reduced.
Persons: we've, Mohak Shroff, Tomer Cohen, Satya Nadella, LinkedIn's Karin Kimbrough Organizations: Microsoft, CNBC, LinkedIn, Reuters, Engineering Locations: India
LinkedIn is cutting more than 650 jobs
  + stars: | 2023-10-16 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +1 min
In a blog post, the social media site for professionals said it is making changes to its organizational structure and streamlining its decision making. Microsoft bought LinkedIn in 2016. Recently, LinkedIn announced an AI-assisted candidate discovery for recruiters using the site. And in Microsoft’s most recent earnings report, LinkedIn reported its AI-powered collaborative articles are the fastest-growing traffic driver on the site. LinkedIn already cut 716 positions in May and shut down its jobs app in mainland China.
Persons: Ryan Roslansky, Satya Nadella Organizations: New, New York CNN, LinkedIn, Microsoft Locations: New York, China
Google's search engine earned its huge market share by almost instantaneously presenting people with helpful information culled from the billions of websites that have been indexed since former Stanford University graduate students Larry Page and Sergey Brin developed the technology during the late 1990s. These agreements don’t preclude users from switching to a different search engine in their settings, but it’s a tedious process that few people bother to navigate. “You get up in the morning, you brush your teeth and you search on Google,” Nadella said. “Google must think they getting a great benefit from those default agreements, but maybe they're really not worth that much,” Olson said. That would be ironic.”Although the trial is focused on Google's search engine, a government victory could have more sweeping consequences across the technology industry if Mehta decided all default settings are anti-competitive and outlaws all defaults in the settings.
Persons: it's, Judge Amit Mehta, Mehta, , , Luther Lowe, Larry Page, Sergey Brin, Department's, Bing, Satya Nadella, ” Nadella, Bing —, Nadella, Florian Schaub, ” Schaub, Eddy Cue, David Olson, ” Olson, Siri Organizations: Google, U.S, Justice Department, Stanford University, Apple, Microsoft, University of Michigan, Verizon, Boston College Law School Locations: U.S, Europe
Its big bet on AI appears to be paying off while blockbuster deals are getting greenlit. 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 . AdvertisementAdvertisementIt's a history that is firmly behind the company: 2023 looks set to be the year Microsoft completes its glow-up. But by and large, 2023 has been a remarkable year for Microsoft.
Persons: , Steve Ballmer, Bill Gates, Satya Nadella, Sam Altman, Nadella, Bing Organizations: Microsoft, Service, Apple, Google, The, Activision Blizzard, Markets Authority, Sky News, IRS, Treasury Locations: Ballmer
Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. It marks a career-defining moment for Spencer, who first joined Microsoft as an intern in 1988 and has helmed Xbox since 2014. When the companies announced a planned merger in January 2022, Microsoft CEO Satya Nadella made clear it would be "critical for Activision Blizzard to drive forward” on its commitments to improve its workplace culture. As of late last year, Activision Blizzard had 13,000 employees, about 72% in North America, according to a regulatory filing. “It is a new day for workers at Activision Blizzard,” said CWA President Claude Cummings Jr. in a statement Friday.
Persons: Phil Spencer, Spencer, , , Gil Luria, Davidson, he’s, Bobby Kotick, who's, Kotick, Satya Nadella, Joe Biden's, ” Luria, George Jijiashvili, Elder, ” Jijiashvili, Claude Cummings Jr, ” Cummings Organizations: Activision Blizzard, Microsoft, Activision, PlayStation, Sony, U.S . Federal Trade, ZeniMax Media, Bethesda Softworks, Communications Workers of America Locations: Southern California, U.S, United Kingdom, San Francisco, Bethesda, North America, Canada
"I just want to say how deeply saddened that we all are about the recent horrific attacks on Israel ... He warned that the war in Ukraine, compounded by the attacks on Israel, could have "far-reaching impacts on energy and food markets, global trade, and geopolitical relationships." On Friday, Citigroup CEO Jane Fraser included Israel in her opening remarks on the bank's earnings call. "Once someone ventures into the space of, 'who is the perpetrator and who is the victim,' you enter into the exposure of social media disinformation and risk," Kotok said. Some large companies including Apple (AAPL.O) and Walmart (WMT.N) had yet to issue statements, while some prominent personalities including NBA star LeBron James have spoken out.
Persons: JPMorgan Chase, Jamie Dimon, Albert Bourla, Jefferies, Michael Bloomberg, Goldman Sachs, Jane Fraser, Israel, Fraser, Larry Fink, David Kotok, Cumberland, Kotok, Antonio Neri, Andy Jassy, Sundar Pichai, Satya Nadella, LeBron James, Gigi Hadid, Lananh Nguyen, Aditya Soni, Stephen Nellis, Siddharth Cavale, David Gaffen, Arriana, Sayantani Ghosh, David Gregorio Our Organizations: JPMorgan, Pfizer, UBS, New York City, Bloomberg, Delta Air Lines, Citigroup, BlackRock, Cumberland Advisors, Hewlett Packard Enterprise, Amazon, Meta, Union, Google, Microsoft, Apple, Walmart, NBA, Thomson Locations: Israel, Ukraine, New York, Florida, Bengaluru
"Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms," Microsoft Gaming CEO Phil Spencer said in a blog post . Microsoft has closed its $69 billion acquisition of video game publisher Activision Blizzard , according to a regulatory filing by the company Friday. Activision Blizzard CEO Bobby Kotick will stay on as CEO through the end of the year. Microsoft CEO Satya Nadella, who took the helm in 2014, is aiming to diversify the company's business beyond its core areas such as operating systems and productivity software. WATCH: Microsoft deal with Activision Blizzard set to clear final hurdle
Persons: Phil Spencer, Tony Hawk, It's, Bobby Kotick, Satya Nadella, pushback, Victoria Graham, Activision Blizzard Organizations: Activision, Blizzard, Microsoft, Markets Authority, Federal Trade Commission, European Commission, Markets, Economic, Activision Blizzard, Nintendo, Sony, Nvidia, San, U.S, Appeals, Circuit, Ubisoft, FTC Locations: U.S, San Francisco federal
CEOs are condemning Hamas and expressing support for Israel in messages to employees. Microsoft CEO Satya Nadella and Google boss Sundar Pichai have publicly condemned the attacks on social media and issued statements to employees. "Heartbroken by the horrific terrorist attacks on Israel and the escalating conflict," Nadella said in a post on X. "Google has two offices and more than 2,000 employees in Israel, and it's unimaginable what they are experiencing right now." "We stand with our employees, their families and the people of Israel during this time of great suffering and loss."
Persons: Satya Nadella, Sundar Pichai, JPMorgan Chase, Jamie Dimon, , Nadella, Kathleen Hogan, Hogan, Google's Pichai, 9to5Google, Dimon Organizations: Israel, Microsoft, JPMorgan, Service, Google, JPMorgan Chase, Street Journal, CNN Locations: Israel
A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Google's James Kolotouros, who negotiated search distribution agreements with Android device makers and carriers, testified the agreements gave Google search exclusivity, and Google monitored compliance with them. Advertisers are not told their LTV, and Google uses "tunings" to adjust the price of ads, he said. Google's vice president and general manager of ads, Jerry Dischler, acknowledged that Google earned more than $100 billion in 2020 from search ads. Apple's (AAPL.O) senior vice president of services Eddie Cue praised Google's search and acknowledged under questioning that the smartphone maker had meetings with Microsoft and DuckDuckGo, which uses Bing searches, but found them inadequate.
Persons: Eric Gaillard, Google's James Kolotouros, Adam Juda, Joshua Lowcock, Jerry Dischler, Satya Nadella, Eddie Cue, Bing, John Schmidtlein, Google's, Diane Bartz, Marguerita Choy Organizations: REUTERS, U.S, Google, Department, GOOGLE, Verizon, Samsung, LTV, UM Worldwide, Microsoft, Apple, Nokia, Bing, Thomson Locations: WASHINGTON
Corporate bosses are under pressure to condemn the brutal attacks on Israeli civilians by Hamas. The ADL boss told CNN that many are reluctant to speak out because they "think it's too political." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Many corporate leaders have already condemned Hamas' attacks on civilians and the resulting violence. AdvertisementAdvertisement"Against this backdrop, I would think every corporate leader and every public person should be rushing to say something," he added.
Persons: Jonathan Greenblatt, , Satya Nadella, Hewlett Packard, Antonio Neri, Greenblatt Organizations: ADL, CNN, Service, Defamation League, Hamas, Norwegian Refugee, LinkedIn, Microsoft Locations: Gaza, Israel, Hamas
Microsoft said the new tools will help eliminate the "time-consuming" process of searching through these sources one by one. He said consolidating disparate data will ultimately help health systems improve care and see more patients. "The current state of technology and Microsoft Fabric and Azure and generative AI, all of that, it's going to change the way we live. And it's probably one of the best shots that we have to solve some of the biggest problems we have within health care," he said. Zoom In Icon Arrows pointing outwards Microsoft's new patient timeline modelNew Azure AI health tools
Persons: Satya Nadella, Stephen Brashear, Arthur Health, Doug King, King Organizations: Getty, Microsoft, Deloitte, Northwestern Medicine, Arthur, CNBC Locations: Bellevue , Washington, Las Vegas, Northwestern
REUTERS/Carlos Barriaof Acquire Licensing RightsOct 7 (Reuters) - California Governor Gavin Newsom on Saturday vetoed a bill passed recently by the state legislature to explicitly ban caste discrimination, citing exiting laws that already prohibit ancestry discrimination, which made the bill "unnecessary." Had Newsom signed the bill, officially called Senate Bill 403 or SB 403, California would have become the first ever U.S. state to explicitly ban caste discrimination. U.S. discrimination laws ban ancestry discrimination though they do not explicitly mention a prohibition on casteism. Activists opposing caste discrimination said it is no different from other forms of discrimination like racism and hence should be outlawed. In California itself, last month, Fresno became only the second U.S. city to ban caste discrimination after a unanimous city council vote.
Persons: Carlos Barriaof, Gavin Newsom, Newsom, Aisha Wahab, Sundar Pichai, Satya Nadella, Arvind Krishna, Kanishka Singh, Grant McCool Organizations: REUTERS, Democratic, Seattle, U.S, Microsoft, IBM, Thomson Locations: Francisco's, San Francisco , California, U.S, California, South, Afghan American, North America, Canada, Fresno, Silicon Valley, India, Washington
Jobs that copy-paste responses are a thing of the past because of AI, says ecommerce company CEO Suumit Shah. Shah had previously drawn flak for announcing he replaced 90% of his support staff with a chatbot. 90% of his support staff with a chatbot. AdvertisementAdvertisementShah made headlines in July for announcing over Twitter that he had laid off 90% of his customer support staff and replaced them with a chatbot he said outperformed them. We had to layoff 90% of our support team because of this AI chatbot.
Persons: Suumit Shah, Shah, , ince, ake, aybe, uly., ike Organizations: Service, Washington Post, Twitter, ust Locations: India
Apple considered buying Bing from Microsoft in 2018
  + stars: | 2023-10-05 | by ( Kif Leswing | ) www.cnbc.com   time to read: +6 min
Apple executives have said they picked Google because it's the best search engine, not primarily because of Google's payments. The deal with Microsoft wasn't completed and Giannandrea said he believed Apple CEO Tim Cook told Microsoft it wasn't going forward. Google pays Apple as much as $19 billion per year to be the default search engine on Apple products, according to an estimate . Microsoft was interested in Apple paying for improvements to the search engine, Giannandrea said, including expanding it to additional international markets. He also compared Bing and Google search in 2021 to see the progress Microsoft had made and found Google was significantly better at mobile queries.
Persons: Gabriel Weinberg, Apple, Giannandrea, Adrian Perica, Bing, Microsoft wasn't, Tim Cook, Siri, Apple's, John Giannandrea, he's, Cook, Satya Nadella Organizations: Google, Apple, Department, Bing, Microsoft, CNBC, DOJ
But it also shows how Apple has wrestled with Google’s rise and how some at Apple yearned for “optionality.” Apple didn’t immediately respond to a request for comment. (Last week, Nadella testified that he has spent every year of his tenure as CEO trying to persuade Apple to adopt Bing.) He made a similar argument internally about DuckDuckGo, saying in an email that moving ahead with that partnership was “probably a bad idea.” (DuckDuckGo licenses search results from Bing.) Still, Giannandrea testified, some within Apple thought that dealing with Bing in some fashion could yield benefits to Apple. Apple today has the enormous resources to build a true rival to Google, Giannandrea testified.
Persons: Microsoft’s Bing, they’ve, Gabriel Weinberg, John Giannandrea, Apple, Apple didn’t, Laura Jones, Jeff Chiu, Giannandrea, Bing, Tim Cook, Satya Nadella, Nadella, DuckDuckGo, Weinberg, Jakub Porzycki, ” Weinberg, , Apple’s, Cook, Bing “, , Adrian Perica, ” Giannandrea, “ it’s Organizations: CNN, Apple, Google, Microsoft, Cook, Bing, Mozilla, Opera, Samsung Locations: Bing, San Francisco
Microsoft, Meta, and more are touting AI assistants that are far more advanced than Siri and Alexa. These AI assistants have the potential to deal with tedious digital tasks, or "crapmin." From Microsoft to Meta, tech companies leading the charge in AI are starting to make clear what the future of AI looks like to them. Meta's AI assistant "surfaces options directly in the chat, so you can decide as a group which location to explore." Letting an AI assistant take care of all aspects of our "crapmin" will require a lot of confidence in its capabilities.
Persons: Siri, Alexa, Tony Stark's Jarvis, , Man's, AI's Jarvis, Iron, Satya Nadella, Mark Zuckerberg, resuscitating, Zuckerberg, , Jarvis, they've, Copilot, Yusuf Mehdi, Bing, Mehdi Organizations: Microsoft, Meta, Service, Man's Stark Industries, Meta's Connect, Bing Locations: California
Google is supercharging its Assistant app with Bard's capabilities. The new "Assistant with Bard" is designed to merge the voice assistant with the chatbot. The company announced Wednesday that it was planning to bring its Bard AI chatbot into the Assistant app and experience, starting on mobile devices. The result, a new experience Google has named "Assistant with Bard," sees Google making its existing voice assistant more personalized by effectively placing Bard inside it. If users opt in, Assistant with Bard is expected to become the new experience when interacting with Assistant on Android or when using the Google app on iPhone.
Persons: Bard, Sissie Hsiao, , chatbot, Hsiao, Alexa, Apple's Siri, Satya Nadella, It's Organizations: Google, Service, Android, Apple, LLMs
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
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