Tag Archives: chief

(Bloomberg) — Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday — and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars. Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s chief executive officer, informed employees in a January 2019 open letter that the… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

(Bloomberg) — Tesla Inc.’s historic entry into the S&P 500 could be bad news for shareholders of some other stocks in the index — at least temporarily. Funds that mimic the benchmark are set to buy more than $70 billion of the carmaker’s shares and dump an equal amount of stock in existing members, producing intense selling pressure that could lead to dislocations, warned Greg Sutton, head of portfolio trading at Citadel Securities, one of the most active traders of U.S. stocks. The… Source link

Google has hired a top executive from pharmaceutical company AstraZeneca to oversee its personnel policies amid ongoing tensions with many employees who are upset with the company’s policies. The hiring of Fiona Cicconi also comes while Alphabet’s GOOGL, +0.50% GOOG, +0.44% Google sets up plans to allow people to continue to work from home for at least eight more months. The Mountain View, California, internet… Source link

Sundar Pichai, chief executive of Google’s parent company Alphabet, apologized for the departure of a prominent artificial intelligence researcher, whose exit has roiled the company’s work force and raised questions about its stated commitment to diversity and the responsible development of A.I. technology. In an email to employees on Wednesday, Mr. Pichai, however, stopped short of saying that the company was wrong in how it hastened the resignation of Timnit Gebru, who was a co-leader… Source link

President-elect Joe Biden’s decision to take a page out of the Trump playbook and pick a recently retired general as his nominee for defense secretary has put him at odds with congressional Democrats. Biden confirmed Tuesday in an article in the Atlantic that he has selected retired Army Gen. Lloyd Austin as the man he wants to run the Pentagon. “I chose Lloyd Austin as my nominee for secretary of defense because I know how he reacts under pressure, and I know that he will do whatever it… Source link

Richard Socher, former chief scientist at Salesforce, who helped build the Einstein artificial intelligence platform, is taking on a new challenge — and it’s a doozy. Socher wants to fix consumer search and today he announced you.com, a new search engine to take on the mighty Google. “We are building you.com. You can already go to it today. And it’s a trusted search engine. We want to work on having more click trust and less clickbait on the internet,”… Source link

WASHINGTON (AP) — She’s fended off protesters who made a run at her husband. She’s moved him farther from reporters during the coronavirus pandemic. She’s supported his presidential ambitions again and again — except in 2004, when she deployed a novel messaging technique to keep Joe Biden from running. “No,” Jill Biden, then clad in a bikini, wrote in Sharpie across her stomach and then marched through a strategy session in which advisers were trying to talk her husband into… Source link

A coalition of 135 startups and tech companies with services in verticals including travel, accommodation and jobs have written to the European Commission to urge antitrust action against Google — warning that swift enforcement is needed or some of their businesses may not survive. They also argue the Commission needs to act now or it risks undermining its in-train reform of digital regulations — which is due to be lay out in draft form early next month. The letter has been inked… Source link