Elon Musk, the CEO of EV maker Tesla (TSLA), has become the first person to reach a net worth of about $500 billion, thanks to a rebound in Tesla’s stock and the rising valuations of his other companies this year. According to Forbes’ billionaire index, Musk’s wealth stood at $500.1 billion as of 4:15 p.m. ET on Wednesday. Interestingly, Musk …
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Ryder Cup: Rory McIlroy abuse “crossed the line” – PGA of America CEO Derek Sprague
McIlroy described the abuse as “unacceptable” and said it should be “off-limits”. Sprague says he plans on apologising to McIlroy and his family. “I haven’t spoken to Rory or Erica [McIlroy] but I do plan on sending them an email with my heartfelt apologies because of what occurred,” he said. McIlroy suffered lengthy abuse before eventually snapping by swearing at …
Read More »‘Tokenization is Going to Eat the Entire Financial System’ Says Robinhood CEO
SINGAPORE — The most important story in crypto right now is tokenization and it’s coming fast to disrupt traditional finance, according to Robinhood CEO Vlad Tenev. Tenev told the crowd at the Token2049 conference in Singapore that tokenization is a “freight train” barreling toward the heart of traditional finance. “Crypto and traditional finance have been living in separate worlds, but they’ll …
Read More »Robinhood CEO Says Tokenization ‘Freight Train’ Will ‘Eat’ Finance – Bloomberg.com
Robinhood CEO Says Tokenization ‘Freight Train’ Will ‘Eat’ Finance Bloomberg.com Tokenization of real world assets is an unstoppable ‘freight train’ coming to major markets: Robinhood CEO CNBC ‘Tokenization is Going to Eat the Entire Financial System’ Says Robinhood CEO CoinDesk Robinhood Markets’ Upcoming Social Media Platform Could Be A Game Changer (NASDAQ:HOOD) Seeking Alpha Tokenization framework in most major markets by 2030, Robinhood CEO …
Read More »Microsoft CEO Relinquishes Some Duties, Names New Commercial Chief – The Wall Street Journal
Microsoft CEO Relinquishes Some Duties, Names New Commercial Chief The Wall Street Journal Accelerating our commercial growth Microsoft Nadella Wants to Spend More Time With Engineers The Information Microsoft sales chief Althoff gets new role as CEO of company’s commercial business CNBC Microsoft Promotes Sales Chief Althoff to Help Free Up Nadella Bloomberg.com Source link
Read More »Spotify founder Daniel Ek is stepping down as CEO
Spotify CEO Daniel Ek has announced that he’s stepping down as CEO, two decades after founding the music streaming service. Ek will transition to an executive chairman role at the company on January 1st, 2026, with Spotify co-presidents Alex Norström and Gustav Söderström set to step in as co-CEOs. “As Executive Chairman, I will spend more of my time on …
Read More »Microsoft CEO Satya Nadella shakes up his own job, taps veteran exec as CEO of commercial business – GeekWire
Microsoft CEO Satya Nadella shakes up his own job, taps veteran exec as CEO of commercial business GeekWire Accelerating our commercial growth The Official Microsoft Blog Microsoft names CEO to run commercial business, Nadella to focus on tech Yahoo Finance Microsoft sales chief Althoff gets new role as CEO of company’s commercial business CNBC Microsoft Promotes Sales Chief Althoff to Help Free Up Nadella Bloomberg.com …
Read More »Satya Nadella appoints a new CEO to run Microsoft’s biggest businesses
We are in the midst of a tectonic AI platform shift, one that requires us to both manage and grow our at-scale commercial business today, while building the new frontier and executing flawlessly across both. History shows that general purpose technologies like AI drive step changes in productivity and GDP growth, and we have a unique opportunity to help our …
Read More »Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill
Nike shares jumped in after-hours trading Tuesday after the sportswear maker’s quarterly results far exceeded Wall Street expectations, signaling that CEO Elliott Hill’s turnaround strategy is gaining momentum. Total revenue in the company’s fiscal 2026 first quarter increased 1% year over year to $11.72 billion, topping Wall Street expectations of about $11 billion, according to estimates compiled by LSEG. Earnings …
Read More »Ford CEO says America is ‘far behind’ rivals like China on blue-collar industry. ‘It is pretty humbling when you look at where we are’
Ford CEO Jim Farley welcomed hundreds of leaders on Tuesday from across America’s manufacturing, construction, and logistics sectors to the Ford Pro Accelerate summit at Detroit’s Michigan Central Station, setting the stage for an urgent conversation on U.S. competitiveness in what he calls the “essential economy.” At a moment when workforce shortages and declining productivity threaten the nation’s industrial backbone, …
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