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☆ Fiefdoms, 'orphan problems' and too many emails — just some of the most common workplace 'frictions'
▼ + stars: | 2024-02-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Two Stanford professors lay out common workplace challenges in their new book titled "The Friction Project." Coauthor Robert Sutton outlines five of those "frictions." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Using examples such as Apple and Microsoft, coauthor Robert Sutton laid out five examples of friction in workplaces in an interview with Business Insider. Advertisement"A lot of organizations create incentives for building fiefdoms independent of the value of the fiefdoms," Sutton says, meaning people are rewarded for running large teams even if they don't deliver.

Persons: Robert Sutton, —, Huggy Rao, It's, Sutton, Kim Scott, Satya Nadella, Steve Ballmer, Ethan Miller, Warren Buffett, Charlie Munger Organizations: Stanford, Service, Apple, Microsoft, Business, Google, Big Tech, Getty Locations: Cupertino , California

Google is immediately releasing a standalone Gemini app for smartphones running on its Android software. Photos You Should See View All 15 ImagesThe Gemini app initially will be released in the U.S. in English before expanding to the Asia-Pacific region next week, with versions in Japanese and Korean. Besides the free version of Gemini, Google will be selling an advanced service accessible through the new app for $20 a month. Google is offering a free two-month trial of Gemini Advanced to encourage people to try it out. In a blog post, Google CEO Sundar Puchai predicted the technology underlying Gemini Advanced will be able to outthink even the smartest people when tackling many complex topics.

Persons: Bard, Siri, “, Sissie Hsiao, ”, Sundar Puchai, —, ” Pichai, Satya Nadella, ” Nadella, It’ll Organizations: FRANCISCO, Google, Microsoft, Apple, Gemini, Samsung, Inc, OpenAI Locations: U.S, Asia, Pacific, View , California, Mumbai, India, Europe

BENGALURU, India (AP) — Microsoft CEO Satya Nadella urged in a speech to more than a thousand Indian computer code developers on Thursday that they use the company's artificial intelligence tools being deployed across its products. Nadella said Microsoft Corp. expects that use of AI can help achieve 10%, or $500 billion, of India’s GDP target for 2025. Microsoft is building its fourth data center in India near the city of Hyderabad, where Nadella grew up. Nadella boasted in a speech in Mumbai on Wednesday that his company is still ahead on most benchmarks. Indian Prime Minister Narendra Modi met with Nadella during a visit to the U.S. last June.

Persons: Satya Nadella, ” Nadella, Nadella, ”, “ We’re, It’ll, Narendra Modi, ___ O'Brien Organizations: Microsoft Corp, Microsoft, Hyderabad, OpenAI, Google, Nadella, Apple Inc, Microsoft's, Indian, U.S Locations: BENGALURU, India, Bengaluru, Silicon, United States, Hyderabad, Mumbai, Pune, Chennai, Nadella, Microsoft's India, Providence , Rhode Island

☆ Google's CEO starts his morning reading this niche website. Zuck and Nadella like it too.
▼ + stars: | 2024-02-08 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Google CEO Sundar Pichai doesn't read legacy media outlets first thing in the morning. Instead, Pichai reads a niche website called Techmeme which compiles tech news across outlets. Meta CEO Mark Zuckerberg and Microsoft CEO Satya Nadella are also readers of the site. AdvertisementGoogle CEO Sundar Pichai doesn't start his mornings reading the Wall Street Journal over a cup of coffee. Become an Insider and start reading now.

Persons: Sundar Pichai doesn't, Mark Zuckerberg, Satya Nadella, —, Techmeme Organizations: Meta, Service, Street, Wired, Bloomberg, CNBC, Business

☆ A Giant Reborn: Satya Nadella's Decade as Microsoft CEO
▼ + stars: | 2024-02-04 | by ( Fahiemah Al-Ali | Jon Fortt | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Giant Reborn: Satya Nadella's Decade as Microsoft CEOTen years after he was introduced to the world as Microsoft's next CEO, Satya Nadella has overseen a 10x increase in the stock price and a cultural transformation. Microsoft in 2024 reigns as the world's most valuable company, and its sights are set on continuing to win in the age of artificial intelligence. How did Nadella pull it off? CNBC's Jon Fortt uncovers the history of a leader's unlikely rise with an eye on the challenges ahead.

Persons: Satya Nadella, CNBC's Jon Fortt Organizations: Microsoft

☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs this the end of Google Search? How the giant could lose its leadA perfect storm is coming for Google Search. Younger platforms like TikTok and Reddit are becoming younger consumers' go-tos. All while Microsoft and Satya Nadella try to steal share and make the "800-pound gorilla" dance. This week on TechCheck, how to lose a lead -- is this the end of Google Search as we know it?

Persons: Satya Nadella Organizations: Google, Microsoft, Apple

☆ Tim Cook is finally talking about AI on his own terms
▼ + stars: | 2024-02-02 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Everyone has been waiting for Tim Cook to talk about Apple's foray into AI. The comments come as Apple's Big Tech rivals benefit from their early moves in the technology. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been a long time coming, but Tim Cook is finally talking about artificial intelligence on his own terms. CEO Satya Nadella described the period as one in which the company "moved from talking about AI to applying AI at scale."

Persons: Tim Cook, —, It's, Mark Zuckerberg, Josh Edelson, Satya Nadella, Mark Gurman, John Giannandrea, Craig Federighi, Cook, Christoph Dernbach, Goldman, Mike Ng, We've Organizations: Big Tech, Service, Apple, Apple's Big Tech, —, Google, Meta, Microsoft, Amazon, Getty, Vision, Apple Vision Pro, Huawei Locations: AFP, China

☆ Tech execs are telling investors they have to spend money to make money on AI
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

One theme investors heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. Last year marked the beginning of the generative AI boom, as companies raced to embed increasingly sophisticated chatbots and assistants across key products. One key priority area, based on the latest earnings calls, is AI models-as-a-service, or large AI models that clients can use and customize according to their needs. Alphabet executives highlighted Vertex AI, a Google product that offers more than 130 generative AI models for use by developers and enterprise clients such as Samsung and Shutterstock. Alphabet executives touted Google's Duet AI, or "packaged AI agents" for Google Workspace and Google Cloud, designed to boost productivity and complete simple tasks.

Persons: Sundar Pichai, Mandel Ngan, Satya Nadella, Mark Zuckerberg, Josh Edelson, Zuckerberg, Nadella, Amy Hood, Pichai, You've, durably, Ruth Porat, Andy Jassy, Jassy, Tim Cook, Cook, Thos Robinson, Microsoft's, Rufus, Bard Organizations: Artificial Intelligence, AFP, Getty, Microsoft, Apple, Nvidia, Meta, Google, Amazon, New York Times, Samsung, GE, Spotify, Pfizer Locations: Washington ,, Menlo Park , California, LLMs, New York City

☆ Hundreds of business execs just ranked Elon Musk America's most overrated CEO
▼ + stars: | 2024-02-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk was ranked the most overrated CEO in America in a Fortune survey. A survey of hundreds of business executives conducted by Fortune just ranked Musk as America's most overrated CEO. Musk, who was also named the most overrated CEO in last year's survey, received 399 votes this year. Microsoft chief Satya Nadella was ranked the most underrated CEO, receiving 274 votes. Representatives for Musk did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: Elon Musk, Musk, Bob Iger, —, Fortune, Satya Nadella, Nadella, Tesla Organizations: Disney, Service, Fortune, Microsoft, SpaceX, Business Insider Locations: America, Mars

☆ Why don't many executives take pay cuts to avoid layoffs? An ex-Microsoft HR VP explains.
▼ + stars: | 2024-02-01 | by ( Chris Williams | ) www.businessinsider.com time to read: +6 min

The executives in charge never seem to pay a price for the pain they cause, and here are several reasons why. AdvertisementFor these companies, cutting 10,000 employees saves them in the neighborhood of a billion dollars a year in costs. More importantly, boards see handcuffing the executive to the stock price roller coaster as a good thing. If they take action that increases the company's value and its stock price, everyone wins. The difference then is the stock package and the stock price — just what the boards of these companies want.

Persons: —, there's, I've, Google's Sundar Pichai, Satya Nadella, it's, Sundar, you'll, They're, Sundar Pichai, Tim Cook, Chris Williams Organizations: Service, Microsoft, Business, Apple

☆ Premarket stocks: The Fed isn’t vexing markets. Here’s what might
▼ + stars: | 2024-01-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

But with practically all of Wall Street in agreement that no changes will be made, investors are focused on Fed Chair Jerome Powell’s afternoon press conference where he’ll answer questions about his outlook for monetary policy. Conflict in the Middle East and the Red Sea in particular “poses a risk to global trade,” said EY Senior Economist Lydia Boussour on Tuesday. That’s a huge blow to trade: As much as 15% of global trade and 25%-30% of global container shipments transit through the waterway. “For now, we don’t expect the situation in the Red Sea to substantially alter the outlook for global inflation and global monetary policy this year,” said Boussour. The company reported earnings per share of $2.93, beating Wall Street expectations of $2.79.

Persons: Jerome Powell’s, Powell isn’t, we’ve, ” Johns, Laurence Ball, Kevin Gordon, Charles Schwab, Gordon, ”, There’s, Jay Powell, CNN’s Arlette Saenz, Joe Biden, “, Brent, EY, Lydia Boussour, “ We’ve, Satya Nadella Organizations: CNN Business, Bell, New York CNN, Federal Reserve, ” Johns Hopkins, “, Commerce Department, West Texas Intermediate, International Monetary, Microsoft, Revenue Locations: New York, East, Europe, China, Jordan, Gaza, Suez, Iran

☆ Google's layoffs already impacted its culture. Now they're affecting its bottom line.
▼ + stars: | 2024-01-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at highlights from two of the world's biggest tech companies' earnings reports, including how much layoffs cost for one of them. Tech: Tech CEOs will testify before Congress today for a hearing on child safety. Mateusz Wlodarczyk/Getty ImagesThere's been plenty of speculation about what Google's mass layoffs last year meant for its famous culture. Jerod Harris/Getty ImagesCongress is set to grill some of the biggest names in tech today. Leaders from Meta, X, TikTok, and other tech companies will face questions over their platforms' efforts to protect children from sexual exploitation online.

Persons: It's, Sundar Pichai, Mateusz Wlodarczyk, Sarah Jackson, Satya Nadella Stephen Brashear, Hisham Ibrahim, Jerome Powell's, Claudia Sahm, Powell, Linda Yaccarino, Jerod Harris, Linda Yaccarino's, Jack Dorsey's Block, Dorsey, Brooks Kraft, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Tech, Google, Microsoft, Getty, Bloomberg, JPMorgan, Meta, Elon Musk's, Brooks Kraft LLC, Los Angeles Times, UPS, Bureau of Labor Statistics, Amazon, Boeing, Mastercard Locations: Chipotle, New York, London

☆ Microsoft CEO Satya Nadella worries hackers could cause a 'breakdown of world order'
▼ + stars: | 2024-01-31 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Satya Nadella warned there could be a "breakdown of world order" in an interview with NBC News. The Microsoft CEO said that's a real risk if nations don't strike a "cyber Geneva Convention." AdvertisementSatya Nadella said there's a real risk of a "breakdown of world order" if nations don't come up with a cyber "Geneva Convention." : "If this is about nation-states attacking each other, and especially civilian targets, then we are in a very new world order. And it's a breakdown of world order, which I think we have not seen before."

Persons: Satya Nadella, that's, it'd, —, Nadella Organizations: NBC News, Microsoft, Geneva Convention, Service, NBC, Business Locations: Geneva, Russia, China

☆ Here's the magnitude of AI's effect on Microsoft's bottom line and what it means for the stock
▼ + stars: | 2024-01-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Microsoft seemed to pass Wall Street's latest test when it demonstrated its ability to monetize artificial intelligence. The action came a day after Microsoft issued light guidance but delivered a top-and-bottom line beat and strong AI-focused commentary. Wall Street analysts across the board regarded Microsoft's results as an affirmation of its AI leadership position. Piper Sandler's Brent Bracelin said in a Tuesday note that the results "reinforced Microsoft's first-mover advantage in AI applications." Meanwhile, Goldman Sachs analyst Kash Rangan called the company one of the "most compelling" opportunities across sectors, viewing AI as a major boon for an "already strong growth profile."

Persons: Brent Thill, Satya Nadella, Amy Hood, Morgan Stanley's Keith Weiss, Piper Sandler's Brent Bracelin, Goldman Sachs, Kash Rangan, Mark Murphy, — CNBC's Michael Bloom Organizations: Microsoft, Barclays, Raimo, Wall Street

☆ Microsoft gets a price target hike after posting a great quarter driven by AI
▼ + stars: | 2024-01-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Microsoft reported strong fiscal second-quarter results Tuesday, boosted by the strength of AI. Cloud unit Azure was better than expected thanks to organizations running AI applications on its cloud. That's double from last quarter as Azure AI customers grew to 53,000 from more than 18,000 last quarter. What's fascinating about Azure AI is that over one-third of its customers are completely new to Azure, according to Microsoft, highlighting the importance every organization has in understanding its AI strategy. Microsoft guided Productivity and Business Processes revenues to $19.3 billion to $19.6 billion, ahead of the consensus of $19.45 billion.

Persons: Satya Nadella, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Microsoft, Revenue, LSEG, Nvidia, AMD, Productivity, LinkedIn, Activision Blizzard, Windows, Activision, CNBC, CES, Bloomberg, Getty Locations: Las Vegas

☆ Microsoft Reports 33% Rise in Profit
▼ + stars: | 2024-01-30 | by ( Karen Weise | More About Karen Weise | ) www.nytimes.com time to read: +1 min

Two weeks ago, Microsoft topped Apple as the most valuable public company. Microsoft has told investors that A.I. On Tuesday, Microsoft gave signs that it is finding a path, as it posted revenue and profits that beat Wall Street expectations. Revenue was $62 billion in the three months that ended in December, up 18 percent from a year earlier. Profit hit $21.9 billion, up 33 percent.

Persons: Satya Nadella Organizations: Microsoft, Apple Locations: OpenAI

☆ A lower-cost way to get long this 'Magnificent 7' member trading at an all-time high
▼ + stars: | 2024-01-29 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

The five reporting this week — Microsoft, Apple, Alphabet, Amazon, and Meta — represent more than 23% of the index by market capitalization. But let's focus on Microsoft (MSFT) . Breaking down MSFT fundamentals Microsoft is one of the most important technology companies in the world. Over the past five years, Microsoft's price-to-earnings ratio has been as low as 25.8 and as high as 41. Some are anticipating organic sales growth of 15%, double the 7.5% average the company experienced over the past 4 quarters.

Persons: OpenAI, Sam Altman, Satya Nadella Organizations: Microsoft, Apple, Meta, Saudi Arabian Oil Company, Windows, Activision Blizzard

☆ Microsoft CEO responds to AI-generated Taylor Swift fake nude images
▼ + stars: | 2024-01-29 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella said Friday that the company has to "move fast" on combatting nonconsensual sexually explicit deepfake images, after AI-generated fake nude pictures of Taylor Swift went viral this week. "Yes, we have to act," Nadella said in response to a question about the deepfakes of Swift. "I think we all benefit when the online world is a safe world. X didn't respond to an NBC News request for comment about the deepfake images of Swift, while the singer's representative declined to comment on the record. We have investigated these reports and have not been able to reproduce the explicit images in these reports.

Persons: Satya Nadella, Taylor Swift, Lester Holt, Nadella, Swift, Bing Organizations: NBC News, NBC, Microsoft, Media, Media Microsoft

☆ Elon Musk's X blocks searches for Taylor Swift after explicit fake pictures go viral
▼ + stars: | 2024-01-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk's X is blocking searches for Taylor Swift. Explicit AI-generated pictures of the singer went viral on the platform last week. 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 . AdvertisementElon Musk 's X is blocking searches for Taylor Swift after explicit AI-generated pictures of the pop superstar went viral last week.

Persons: Elon Musk's, Taylor Swift, Satya Nadella, —, Elon Musk, Joe Benarroch, Swift, Karine Jean, Pierre, Jean Organizations: Microsoft, Service, Business, BBC News, Daily Mail, NBC Nightly

☆ Satya Nadella's life and career, from computer-science student to CEO of Microsoft and turning it into a $3 trillion titan
▼ + stars: | 2024-01-28 | by ( Polly Thompson | Matt Weinberger | ) www.businessinsider.com time to read: +1 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen Satya Nadella took over as Microsoft CEO on February 4, 2014, the company was struggling. This story is available exclusively to Business Insider subscribers. In January, as 56-year-old Nadella neared a decade in charge, Microsoft overtook Apple to become the world's most valuable public company and is now worth about $3 trillion. Here's how Nadella worked his way up the ranks of Microsoft and executed this startling turnaround.

Persons: —, Satya Nadella, Bill Gates, Nadella Organizations: Service, Microsoft, Business, Apple

NEW YORK (AP) — Pornographic deepfake images of Taylor Swift are circulating online, making the singer the most famous victim of a scourge that tech platforms and anti-abuse groups have struggled to fix. Sexually explicit and abusive fake images of Swift began circulating widely this week on the social media platform X. The deepfake-detecting group Reality Defender said it tracked a deluge of nonconsensual pornographic material depicting Swift, particularly on X. Some images also made their way to Meta-owned Facebook and other social media platforms. “The images may be fake, but their impacts are very real," Morelle said in a statement.

Persons: Taylor Swift, Swift, ”, Mason Allen, Brittany Spanos, Spanos, Douglas Baldridge, Gwyneth Paltrow’s, X, Elon Musk, “, Meta, Swift didn’t, Allen, OpenAI's DALL, OpenAI, Satya Nadella, Lester Holt, ” Nadella, Midjourney, who've, Yvette D, Clarke, New York who's, ” Clarke, Joe Morelle, Morelle Organizations: Twitter, DeepTrace, Hollywood, South, Rolling Stone, New York University, DJ, Associated Press, Elon, Microsoft, NBC Nightly, U.S, U.S . Rep, New, New York Democrat Locations: Meta, New York

Political Cartoons View All 253 ImagesMicrosoft’s years-long relationship with OpenAI is the best known of the partnerships. Google and Amazon have more recently made multibillion-dollar deals with Anthropic, another San Francisco-based AI startup formed by former leaders at OpenAI. The European Union and the United Kingdom have already signaled that they might also scrutinize the relationship with Microsoft and OpenAI. Antitrust advocates welcomed the actions from both the FTC and Europe into the deals that some have derided as quasi-mergers. The companies have 45 days to provide information to the FTC that includes their partnership agreements and the strategic rationale behind them.

Persons: OpenAI, ”, Lina Khan, Khan, Microsoft didn't, Matt Stoller, Satya Nadella, Kara Swisher, Sam Altman, Nadella, “, ” Nadella, Altman’s, It’s, They’re, Kelvin Chan Organizations: Google, Microsoft, U.S . Federal Trade Commission, FTC, Anthropic, OpenAI, European Union, Antitrust, Big Tech, American Economic Liberties, “, Intel, Bloomberg, Economic Locations: San Francisco, United Kingdom, Europe, OpenAI, Davos, Redmond , Washington, Iowa, Switzerland, London

☆ Microsoft crosses $3 trillion in market cap
▼ + stars: | 2024-01-24 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: 1 min

Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024. Microsoft's market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% to $404 per share. The milestone comes two weeks after Microsoft eclipsed Apple as the world's most valuable public company on Jan. 12. Apple has reclaimed the No. 1 spot, and its market cap reached $3.03 trillion on Wednesday.

Persons: Satya Nadella Organizations: CES, Microsoft, Apple Locations: Las Vegas

☆ Microsoft is worth more than $3 trillion. It’s the second company to ever break that threshold
▼ + stars: | 2024-01-24 | by ( Nicole Goodkind | Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

New York CNN —Microsoft became the second-ever company worth $3 trillion on Wednesday as the artificial intelligence boom sent shares of the company’s stock soaring higher. For comparison, Microsoft’s market value is now larger than the entire GDP of France and just behind that of the United Kingdom. After trailing behind Apple for the majority of the past decade, Microsoft surpassed the company to briefly become the world’s most valuable publicly traded company earlier in January. Together, these seven stocks have a market cap larger than any country’s entire stock market except for the United States. Bank of America analysts also moved their target to $450 per share, predicting more growth for the Washington-based company this quarter.

Persons: Satya Nadella, ”, Morgan Stanley Organizations: New, New York CNN, Microsoft, Apple, Nvidia, Investment, Bank of America Locations: New York, France, United Kingdom, United States, Washington

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