Tag Archives: CEO

Sony (SONY) stock was up on Friday after the entertainment company revealed changes at one of its game development studios. Bungie CEO Pete Parsons has stepped down as leader and will depart the company. This comes after the studio’s latest game, Marathon, was delayed indefinitely, despite a planned release in September 2025. Elevate Your Investing Strategy: Take advantage of TipRanks …

Forget doomsday scenarios of AI overthrowing humanity. What keeps Microsoft AI CEO Mustafa Suleyman up at night is concern about AI systems seeming too alive. In a new blog post, Suleyman, who also cofounded Google DeepMind, warned the world might be on the brink of AI models that are capable of convincing users that they are thinking, feeling, and having …

Trump says Intel CEO agreed to give U.S. government $10 billion  The Washington Post America’s fantasy of home-grown chipmaking  The Economist Trump Says Intel Has Agreed to Give U.S. a 10% Stake in Its Business  The New York Times Intel stock rises as Trump says chipmaker has agreed to sell stake to government  CNBC TSMC Considers Returning U.S. Government Subsidies  The Wall Street Journal Source …

Bungie CEO Pete Parsons has stepped down from his position after over two decades at the studio. Parsons has been much-criticised by fans and employees alike in recent years, in particular following multiple rounds of layoffs at the studio. In a public statement, Parsons said he’s “decided to pass the torch” – an ironic use of words when Bungie has …

Bungie CEO Pete Parsons will step down from his role after more than two decades at the studio, he announced. Studio veteran and Destiny 2 general manager Justin Truman will succeed Parsons as the new studio head. “Today marks the right time for a new beginning,” Parsons said in a message. “The future of Bungie will be in the hands …

Nvidia CEO in Taipei to visit TSMC, says in talks with US over new China chip  Reuters Nvidia looking to halt H20 chip production after China cracks down on purchases, reports say  CNBC Nvidia’s CEO says it’s in talks with Trump administration on a new chip for China  Yahoo Finance China turns against Nvidia’s AI chip after ‘insulting’ Howard Lutnick remarks  Financial Times Nvidia …

Wednesday at East Lake featured a strange, unfamiliar scene: confidence and coherence from PGA Tour leadership. Well, at least after Jay Monahan handed over the microphone to new CEO Brian Rolapp.  Nothing groundbreaking or too substantive was unveiled during the press conference, but Rolapp’s comments provided insight into the mindset and priorities of the new PGA Tour CEO as he …

Coldplay’s Chris Martin Breaks Silence After Viral, CEO Scandal  The Root Coldplay’s Chris Martin refuses to ditch jumbotron cameras despite Astronomer CEO cheating scandal  Fox News Coldplay’s Chris Martin addresses viral ‘kiss cam’ moment, calls it a ‘debacle’  ABC News Coldplay’s Chris Martin talks about viral kiss cam ‘debacle’ during Hull show  Hull Live Chris Martin Doesn’t Plan On Retiring Kiss Cam At Coldplay …

The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives. Brian Cornell will be replaced next year by , Target’s chief operating officer, the company said on Wednesday. Cornell helped re-energize the company when he became …

Facebook Tweet Email Link New York  —  Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI. Cornell’s departure was widely expected. Some industry analysts believed Target should bring in an outside voice to lead the company, but it opted for an internal candidate: …