Tag Archives: CEO

By Jane Lanhee Lee (Reuters) – Tensions between China and the United States are pushing some manufacturer companies to talk about moving some of their supply chain away from Taiwan as well, although it’s “incremental,” the head of Taiwan’s most important smartphone chip design firm told Reuters over the weekend. Some of the “very large (equipment manufacturers) will require their chip suppliers to have multiple sources, like from Taiwan and from U.S., or from Germany or from Europe,”… Source link

AMC (AMC) CEO Adam Aron is preparing to go on a shopping spree if struggling theater operators begin to sell their locations amid financial struggles. “I think there’s going to be an opportunity for us to pick up theaters quite inexpensively and pick up really high-quality theaters and potentially quite profitable theaters,” Aron said on Yahoo Finance Live (video above). “Right now, because of the unique position we’re in, that we have liquidity and a lot of our competitors do not, I think… Source link

IMAX (IMAX) CEO is bullish on the theatrical window. “The debate is over,” IMAX CEO Richard Gelfond told Yahoo Finance Live in a new interview (video above). “The argument that you can skip a theatrical window and make up for it on streaming just isn’t true. The theatrical window is more essential than ever to get the streaming revenue.” Gelfond referenced deep direct-to-consumer losses from streaming-facing media companies like Disney (DIS), which reported disappointing earnings this week… Source link

open share links close share links Artificial intelligence was a thing, but not the thing, when Eric Schmidt became CEO of Google in 2001. Sixteen years later, when he stepped down from his post as executive chairman of Google’s parent company, Alphabet, the world had changed. Speaking at Princeton University that year, Schmidt declared that we are in “the AI century.” Schmidt, who recently chaired the Source link

Economic slowdowns around the world hasn’t yet led to beer sales going flat for mega-brewer AB-InBev. “I think that demand is holding,” AB-InBev CEO Michel Doukeris said on Yahoo Finance Live (video above). “Beer as a category is very resilient.” AB-InBev produces everything from good old affordable Bud Light to more premium priced non-beers such as CutWater. Doukeris says not only haven’t beer sales waned this year, consumers don’t appear to be trading down to cheaper alternatives. “Not yet —… Source link

Disney CEO Bob Chapek wants to combine personal consumer data from the Disney+ streaming service and Disney parks to give customers a unique experience. Chapek, speaking at The Wall Street Journal’s Tech Live conference, said the company is working on ways to combine two main businesses consisting of parks, experiences and … Source link

ServiceNow CEO (NOW) Bill McDermott has seen a few tech investing cycles in his career, and he’s confident that Mark Zuckerberg’s metaverse has a place in the future of living. “I think there’s a real place in the world for the metaverse,” McDermott said on Yahoo Finance Live (video above). “It is real. But even if you do spend time in the metaverse, you always have to come back down to Earth, where the real people live, and actually execute your business plan.” McDermott, who formerly served… Source link

About four years ago, former Google CEO Eric Schmidt was appointed to the National Security Commission on Artificial Intelligence by the chairman of the House Armed Services Committee. It was a powerful perch. Congress tasked the new group with a broad mandate: to advise the U.S. government on how to advance the development of artificial intelligence, machine learning and other technologies to enhance the national security of the United States. The mandate was simple: Congress directed the new… Source link

Red Bull’s Dietrich Mateschitz started an energy drink company and ended up with a sports empire. (AP Photo/Kerstin Joensson) Red Bull president and CEO Dietrich Mateschitz, a man who co-founded an energy drink company that would eventually become one of the world’s largest sports empires, has died, his company confirmed Saturday. He was 78. Born in Austria in 1944, Mateschitz founded Red Bull GmbH alongside Thai businessman Chaleo Yoovidhya in 1984. The brand would become the top energy drink… Source link

Chipotle said it’s maxed out the total number of followers it can have on the latest app gaining popularity, BeReal. “That’s something that has just really taken off lately, my understanding is we’ve maxed out all our followers,” on the social media app, CEO Brian Niccol said at the Yahoo Finance All Markets Summit.”We have to continue to figure out how we evolve that platform.” Yahoo Finance reached out to BeReal for comment, but the company was not able to provide clarity about just how many… Source link