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Google's CEO Sends the Perfect Message
Sundar Pichai made it very clear to employees that they are free to express their opinions--but the workplace isn't going to serve as their forum. Business owners would be wise to follow his example.Inc. - Business - Google -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Health -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Business -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Top stories -
Is Big Tech's Spending Stifling AI Startups Innovations?
Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.Inc. - Business -
Tech, Media & Telecom Roundup: Market Talk
Gain insight on DuPont, Pinterest, IBM and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Nvidia launches tech update for ChatRTX AI chat
A new update for Nvidia ChatRTX is available for download today.VentureBeat - Tech - Artificial Intelligence -
Tech, Media & Telecom Roundup: Market Talk
Pinterest, IBM and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
UnitedHealth CEO defends ransom payment in testimony on cyberattack
Witty said he himself made the decision that UnitedHealth would pay a ransom to the hackers who caused the massive data breach.CBS News - Top stories -
UnitedHealth CEO testifying about cyberattack before Congress
UnitedHealth Group CEO Andrew Witty is testifying on Capitol Hill Wednesday about a crippling cyberattack on the company in February. CBS News Homeland Security and Justice reporter Nicole Sganga has more.CBS News - Top stories -
Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race
Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.The New York Times - Tech -
In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
The spending that the industry’s giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.The New York Times - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Amazon Prime ads help tech giant drive profits
The tech giant did better than expected in many areas of its business.BBC News - Top stories - Amazon -
Most Companies Lack Tech Needed to Meet Sustainability Reporting Requirements
Almost nine out of 10 tech and sustainability leaders say they need to adopt better technology, according to a Bain & Co. survey.The Wall Street Journal - World -
How working for Big Tech lost 'dream job' status
Mass layoffs have eroded the shine of the tech industry.CNBC - Business -
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TikTok Broke the Tech Law Logjam. Can That Success Be Repeated?
For years, federal lawmakers have tried to pass legislation to rein in the tech giants. The TikTok law was their first success.The New York Times - Tech - Tiktok -
The US Government Is Asking Big Tech to Promise Better Cybersecurity
The Biden administration is asking tech companies to sign a pledge, obtained by WIRED, to improve their digital security, including reduced default password use and improved vulnerability disclosures.Wired - Tech -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
Binance CEO Will Serve Four Months in Prison, But Will Be a Very Rich Inmate
Changpeng Zhao ran his crypto company differently from the way Sam Bankman-Fried ran FTX: Binance is still going strong. Leadership lessons abound from both bad examples.Inc. - Business -
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount
The company veteran stepped down Monday with Paramount in the midst of a merger drama.The Wall Street Journal - Business -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - World -
Paramount CEO Bob Bakish to step down amid sale discussions
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.CBS News - Entertainment -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - Business -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
Manchester United’s interim CEO and chief financial officer to leave club
Patrick Stewart and Cliff Baty will leave at end of seasonJean-Claude Blanc will be interim CEO until 13 JulyManchester United have announced that their interim chief executive, Patrick Stewart, and chief financial officer, Cliff Baty, will leave ...The Guardian - World -
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 -
American Express CEO explains how the company is attracting younger consumers
American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday that Millennial and Gen Z customers made up 60% of new card acquisitions.CNBC - Business -
Lobbying World: Global Business Alliance taps next president and CEO
The Global Business Alliance (GBA) announced that Nancy McLernon will retire as president and CEO at the end of the year. McLernon, who founded GBA in 1990, grew the organization from less than a dozen members into an influential voice for more ...The Hill - Politics -
UnitedHealth CEO faces Change Healthcare hack scrutiny on Capitol Hill
UnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on the cyberattack on its Change Healthcare unit.MarketWatch - Business -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom
Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about a cyberattack on its subsidiary Change Healthcare.CNBC - Business -
UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack
UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance Committee on the cyberattack on Change Healthcare, a subsidiary of his company. Senate Finance Chair Ron Wyden ...The Hill - Politics -
Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authenticationABC News - Health -
The best deals at Best Buy ahead of Memorial Day can save you hundreds on tech, home goods and more
There are tons of savings waiting for you at Best Buy right now, from discounted iPads to Samsung TVs and more.CBS News - Top stories -
Google and Apple Built Tech Empires--Now the Antitrust Laws That Helped Them Pose a Threat
Any regulatory efforts to crack down on the tech giants would have strong similarities to the Justice Department's 1988 case against Microsoft.Inc. - Business - Google -
The best graduation gift ideas in 2024: From the latest tech to memorable presents they'll cherish for a lifetime
Discover the perfect gift ideas for a high school or college graduate.CBS News - Top stories -
Chief Technology and Chief Product Officers Earn More Than CEOs at Early Stage Startups. Here's Why
When a company is trying to scale, certain skills come at a very high premium.Inc. - Business