Tag Archives: CEO

Nintendo’s North American subsidiary is about to have some new leaders. One of them is Satoru Shibata, a longtime veteran of the company who will become Nintendo of America’s CEO in just a few months. Most players probably have no idea who he is, but long-time industry watchers and fans in Europe will probably be at least somewhat familiar with …

When the UFC sold to Endeavor in 2016 for just over $4 billion, there were plenty of analysts saying the talent agency-turned-entertainment powerhouse vastly overpaid for the promotion. Less than a decade later, the UFC has repeatedly earned record revenue across all avenues including media rights, sponsorships, ticket sales and merchandising. The UFC also recently signed a $7.7 billion deal …

Nvidia CEO Jensen Huang Says OpenAI Will Be the Next ‘Multi-Trillion-Dollar’ Company  Barron’s Nvidia’s $100 billion OpenAI deal showcases chipmaker’s growing investment portfolio  CNBC The $100 Billion Nvidia-OpenAI Virtuous Circle Has an Ugly Side  Bloomberg.com Nvidia Backstops AI With Investments in OpenAI, CoreWeave and Nscale  Barron’s Jim Cramer Believes “NVIDIA is Making a Very Smart Investment in OpenAI”  Yahoo Finance Source link

Trump does an ad for Tesla Tesla is asking the Trump administration not to repeal EPA rules that allow automakers to sell more polluting vehicles despite the company’s CEO, Elon Musk, donating more than $200 million to Trump’s campaign, which clearly included repealing the EPA rules as part of its platform. For years, Donald Trump has been spreading misinformation about …

Intel Corp. (NASDAQ: INTC) CEO Lip-Bu Tan has been working aggressively to line up funding and customer partnerships critical to the company’s turnaround. It was reported on Thursday that he has reached out to Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) as well. Partnerships and Investments Intel has reached out to Apple, Inc. (NASDAQ: AAPL) and TSMC about potential collaborations, …

Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring  Reuters Starbucks announces significant store closures and layoffs  CNN Starbucks plans layoffs, store closures. Will Michigan be affected?  Detroit Free Press Starbucks to close stores, slash 900 jobs in restructuring plan  Yahoo Finance Starbucks to close stores, lay off workers in $1 billion restructuring plan  CNBC Source link

Android is a mobile operating system…right? That’s been true for more than a decade, but it may not be entirely true going forward. In an on-stage conversation between Qualcomm CEO Cristiano Amon and Google’s head of platforms and devices Rick Osterloh at a Qualcomm event (via The Verge), the two executives did more than just hint that Android for PC …

Four years ago, Citigroup CEO Jane Fraser shattered Wall Street’s glass ceiling to become the first woman to lead one of the Big Four U.S. banks. But long before taking the helm of the $2.6 trillion financial institution, Fraser was honing a skill set that would quietly define her ascent—one forged not just in the corridors of high finance, but …

Justin Sullivan/Getty Images These are the days of the vanishing federal EV tax credit. The $7,500 incentive, which has driven growth in the U.S. EV market, is going away at the end of the month. Now, buyers in California aren’t going to see the state government step in with its own version. …

Alibaba Shares Jump After CEO Reveals Plans to Raise AI Spending  Bloomberg.com Alibaba’s Stock Price Does Not Reflect The Reality (NYSE:BABA)  Seeking Alpha From shopping carts to superchips: Alibaba rediscovers edge with bold billion-dollar AI pivot  CNBC Alibaba Shares Soar After CEO Hikes AI Spending Past $50 Billion  Yahoo Finance Alibaba shares rise over 6% after CEO unveils plans to boost AI spending  CNBC Source …