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Stability AI to Lay Off Staff Weeks After Founder Quit as CEO
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Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.CNBC - Business -
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it “simply had no other way to bring its spending in line with its revenue.”NBC News - Top stories -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Google is laying off more employees and hiring for their roles outside of the U.S.CNBC - Business - Google -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a reorganization that will include moving some roles to India and Mexico, CNBC has learned.NBC News - Top stories - Google -
Albuquerque School’s Staff on Leave After Drag Show at Prom
Albuquerque Public Schools in New Mexico also installed an acting principal as it investigates a high school prom.The New York Times - Top stories -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.VentureBeat - Tech -
Why The Founder of This Fast-Growing Company Takes Off Four Times a Year to Think
Every entrepreneur needs time to really sit down and think; how Allan Njoroge from Actriv Healthcare bakes it into his year.Inc. - Business -
Here’s why Binance founder CZ got off with 4-month ‘slap on the wrist’
Binance founder and ex-CEO Changpeng Zhao was sentenced to four months in federal prison Tuesday for violations of anti-money-laundering laws during his time running the world’s largest cryptocurrency exchange.MarketWatch - Business -
Meta and Google Are Betting on AI Voice Assistants. Will They Take Off?
Meta, Google and others are driving a renaissance for voice assistants, but people have found the technology uncool for more than a decade.The New York Times - Tech - Google
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