Lidar Maker Ouster Dips As Quarterly Losses Widen But Ceo Sees Savings in Velodyne Merger
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Amazon’s AWS business is getting a new CEO, and the stock is dipping
Matt Garman, a sales and marketing leader for AWS, will succeed Adam Selipsky.MarketWatch - Business -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - World -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - Business -
Are CEOs Sitting This Election Out?
Unpacking the reasons why entrepreneurs seem more hesitant than ever to weigh in on this election.Inc. - Business -
PGA Tour & PIF merger could set up golf 'for decades to come' - Rahm
Jon Rahm says a merger between the PGA Tour and Saudi Arabia's Public Investment Fund (PIF) should not be rushed as it has the "opportunity to set golf up in a very positive way for decades to come."BBC News - Top stories - Golf -
OpenAI co-founder Ilya Sutskever announces departure from ChatGPT maker
One of the original creators of the artificial intelligence technology behind ChatGPT says he is leaving the company after a nearly decadeABC News - Tech -
With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.The Wall Street Journal - World - China -
With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.The Wall Street Journal - Business - China -
Budget computer maker Raspberry PI planning London IPO
Raspberry Pi is planning an initial public offering on the London Stock Exchange, offering a boost to the City bourse after a string of recent defections.MarketWatch - Business -
Sony to Adopt Dual-CEO Structure for Videogame Unit
The company said it would adopt a new leadership structure for its Sony Interactive Entertainment unit overseeing PlayStation, with two separate chief executives.The Wall Street Journal - Business -
Who is Salim Ramji, the new Vanguard CEO?
Vanguard Group on Tuesday appointed BlackRock Inc. veteran Salim Ramji as its new chief executive, a move that will give the asset-management giant a leader with years of experience in wealth advisory and management who is known for his efforts to ...MarketWatch - Business -
Vanguard Names Former BlackRock Executive as CEO
Salim Ramji led BlackRock’s ETF business and left in January.The Wall Street Journal - World -
Amazon Web Services CEO Adam Selipsky to step down
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday.NBC News - Top stories - Amazon -
Amazon Web Services CEO Adam Selipsky to step down
The departure of Adam Selipsky, CEO of Amazon's cloud computing business, is the latest high-profile executive exit from the company led by Andy Jassy.CNBC - Business - Amazon -
Sony Names Two PlayStation CEOs, Says PS5 Growth Is Likely Over
The PS5 might be outselling its chief competitor, but it seems that its overall sales have slowed in recent months. In a recent financial report, Sony said that PS5 sales are down 29% year-over-year in the last fiscal quarter, and it further ...GameSpot - Tech - Playstation -
Vanguard chooses former BlackRock executive Salim Ramji as CEO
The first outsider to lead the $9tn money manager will take up his role in JulyFinancial Times - Business -
TotalEnergies CEO: Moving main listing to New York would be ‘no matter of emotion.’
The chief executive of French energy giant TotalEnergies reiterated that the company is looking at moving its primary listing to the U.S. as he sought to play down the significance of such a decision.MarketWatch - Business - New York -
‘Failing act of political theater’: Greene ostracized after Johnson ouster push
Politico - Politics -
Johnson survived his first ouster attempt. Making it past November will be harder.
Politico - Politics -
Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.CNBC - Business -
EV maker Mullen now has enough cash to fund operations for more than a year
Shares of Mullen Automotive Inc. rallied Tuesday after the maker of commercial electric vehicles announced new financing commitments that give it access to enough cash to run its business for more than a year.MarketWatch - Business -
GameStop’s meme-stock rally is a ‘short-term baseless frenzy,’ brokerage CEO says
The meme rally that sent shares of GameStop Corp. soaring this week will likely peter out in a couple of days, says Dan Raju, the CEO of cloud-based financial-services provider Tradier.MarketWatch - Business -
Nvidia CEO Jensen Huang saw his pay jump 60% last year, topping what rivals made
Nvidia CEO Jensen Huang’s base salary stayed the same last fiscal year — but other sources drove a sharp increase in his total compensation.MarketWatch - Business -
House Democrat presses oil CEOs for details of Trump's fundraising dinner at Mar-a-Lago
In letters to nine oil CEOs, the House Oversight Committee's top Democrat asked for details of any pledges Trump made as he asked them for campaign donations.CNBC - Business - Donald Trump -
Google CEO Pichai says company will 'sort it out' if OpenAI misused YouTube for AI training
YouTube's videos have been used to help companies with AI model training.CNBC - Business - Google -
Trump urges GOP unity, rejection of Johnson ouster effort after Greene attempt defeated
Politico - Politics - Donald Trump -
Operation Save Marty Gruenberg
Senate Democrats are scrambling to protect their man at the FDIC from his management failures and abusive behavior.The Wall Street Journal - World -
CEO: I asked ChatGPT to read my journal from my late 20s and flag my top 10 weaknesses: It was 'alarmingly accurate'
Letting ChatGPT analyze the words of his younger self "helped me see what I've learned and understand why I'm happier now than I was then," says Ravin Gandhi.CNBC - Business -
Save Higher Ed With the Chicago Principles
Respect free speech and don’t take sides—a simple approach to avoid campus strife.The Wall Street Journal - World -
Russia Detains Senior General, Widening Military Purge
Lt. Gen. Yuri Kuznetsov became the second senior defense official to be detained on an accusation of corruption in the past month.The New York Times - World - Russia