Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old chief operating officer and former …
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Welcome to Decoder! This is Casey Newton, founder and editor of Platformer and cohost of the Hard Fork podcast. I’ve had a lot of fun guest-hosting a few episodes of Decoder while Nilay is out on parental leave this summer. If you listened to the last couple of Monday shows, you know I’ve been doing a series with founders who …
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As AI becomes more ubiquitous, the need for the top-tier talent at tech firms becomes even more important—and it’s starting a war among Big Tech, which is simultaneously churning through layoffs and poaching people from each other with eye-popping pay packages. Meta, for example, is dishing out $100 million signing bonuses to woo top OpenAI researchers. Others are scrambling to …
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Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, is unwavering as he reflects on the most radical decision of his decades-long career. In early 2023, convinced that generative AI was an “existential” transformation, Vaughan looked at his team and saw a workforce not fully on board. His ultimate response: He ripped the company down to the studs, replacing nearly 80% of …
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While Duolingo CEO Luis von Ahn was loudly criticized this year after declaring that Duolingo would become an “AI-first company,” he suggested in a new interview the real issue was that he “did not give enough context.” “Internally, this was not controversial,” von Ahn told The New York Times. “Externally, as a publicly traded company some people assume that it’s …
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Dana White has given his thoughts on the odds of Jon Jones making his return to the UFC at the White House event. As we know, Jon Jones is currently on the outside looking in at the world of mixed martial arts – and, more specifically, the Ultimate Fighting Championship. While many consider him to be one of the greatest …
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Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, is unwavering as he reflects on the most radical decision of his decades-long career. In early 2023, convinced that generative AI was an “existential” transformation, Vaughan looked at his team and saw a workforce not fully on board. His ultimate response: He ripped the company down to the studs, replacing nearly 80% of …
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Playboy Enterprises announced on Wednesday that it will relocate its headquarters from Los Angeles to Miami Beach, becoming the latest high-profile company to abandon California in favor of what some call more business-friendly environments. Ben Kohn, chief executive of Playboy, described California as being “anti-business,” saying the state is an “extremely expensive place” to operate. “We are excited to move …
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In brief Canary Capital CEO Steven McClurg sees Bitcoin hitting $150K by year’s end before a 2026 bear market sets in. McClurg dismissed Ethereum, backing newer blockchains like Solana and Sui. Another analyst warned against dismissing Ethereum due to its app and developer dominance. Bitcoin could climb as high as $150,000 before the end of the year, followed by another …
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Apple CEO Tim Cook Says the Technology They’re Developing Will Be ‘One of the Most Profound Technologies of Our Lifetime’ Barchart.comView Full Coverage on Google News Source link
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