Tag Archives: CEO

Hewlett Packard Enterprise CEO Antonio Neri wasted no time severing his business from Russia in light of the country’s invasion of Ukraine. The computing giant halted shipments to Russia 72 hours ago, Neri said on Yahoo Finance Live. “Obviously it is incredibly concerning this humanitarian situation and this what I call completely unacceptable set of events. We have to really think through this and put the humanity at the core and the business second,” Neri explained. To be sure, Neri — fresh… Source link

Coffee consumption at home — which boomed during COVID-19 lockdowns — is here to stay despite momentum to return to the office, according to one top consumer brand. J.M. Smucker (SJM) CEO Mark Smucker told Yahoo Finance that “at-home consumption will stay elevated” with 70% of coffee drinking now happening at home, compared to 2/3 prior to the pandemic. With a hybrid model in mind, Smucker believes people will continue “working from home” and “potentially for a long time,” he added. In the… Source link

Over the past six months, one of the more interesting tensions to play out has been watching companies of all sizes try to figure out the best way to bring their employees back to the office. On the one hand, the pandemic has taught many of us that there are a lot of jobs that simply don’t require being in an office. At the same time, there are real benefits to having everyone together–even if not all the time.  For example, teams develop relationships differently when they’re together in… Source link

Sundar Pichai Photo: Courtesy of Google Source link

Electric vehicle (EV) company Fisker (FSR) unveiled its Ocean EV SUV in late November at the Los Angeles Auto Show with the goal of making the car “the world’s most sustainable vehicle.” The base model, named the Ocean Sport, will start at $37,499 before any government incentives. CEO and chairman Henrik Fisker said that customers may be able to get their hands on the Ocean later this year. “We have seen [that] the first parts coming in [for the Ocean] are very high quality for this… Source link

News releases  |  Research  |  Technology February 16, 2022 Image search results in Google still reflect gender bias. A search for an occupation, such as “CEO,” yielded results with a ratio of cis-male and cis-female presenting people that match the current statistics. But when UW researchers added another search term — for example, “CEO United States” — the image search returned fewer photos of cis-female presenting people.University of… Source link

The semiconductor shortage roiling industries from automakers Ford and General Motors to industrial products maker 3M is unlikely to end in 2022, hints one of the foremost minds in the space. “There’s tremendous investment that’s happening across the semiconductor industry, whether you’re talking about on the wafer side or on some of the substrates or the back-end assets. So we are making progress. I do believe that the first half of this year will continue to be quite tight. But the second… Source link

Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company’s decision to de-list its shares from the Nasdaq stock exchange should not be taken as an indication of plans to sell its Grubhub subsidiary. The company announced its intention to delist its US shares on Tuesday. Shares of the Amsterdam-based company remain listed on the Amsterdam and London stock exchanges. “This is a cost reduction measure,” Groen told Dutch television programme Business Class in an interview. He repeated… Source link

AMD CEO Dr. Lisa Su struck a very upbeat tone Monday on what the newly acquired Xilinx will mean to the chip giant’s top and bottom lines. “This acquisition is accretive in the first year for gross margins, for earnings per share and for free cash flow. It’s a good deal overall. And when we look at growth rates, what we said at the time of the acquisition is that we felt we could grow significantly ahead of the industry — 20% plus for the next few years. And we still believe that’s the… Source link

China made headlines in 2021 when it first banned all domestic cryptocurrency mining in June and then outlawed cryptocurrencies completely in September. Following Beijing’s decision, questions remained as to where large scale mining companies would move their operations to next, with China being responsible for much of their world’s mining activity up until the crackdown. GEM Mining CEO John Warren believes that the U.S. has been able to fill the vacuum left by the Chinese pullout of the… Source link