(Bloomberg) — Delivery Hero SE’s second-largest shareholder, Aspex Management, is threatening to try and replace the food delivery company’s management if it doesn’t push ahead with the sale of certain…
Category: Companies
ByteDance to get access to top-end Nvidia Blackwell chips? Report says TikTok parent planning Malaysia AI data centre
TikTok’s Chinese parent ByteDance is looking to fuel its ambition of becoming a global artificial intelligence (AI) leader, by building up computing power with $2.5 billion worth of high-end Nvidia…
Adobe CEO Shantanu Narayen leaves after 18 years; schoolmate Satya Nadella applauds ’empathy to creative process’
New Delhi: Adobe’s long-standing CEO Shantanu Narayen, part of a quartet of Indian-origin executives leading global technology giants, has stepped down from the hot seat after 18 years and a…
Who is Shantanu Narayen? Know all about the outgoing Adobe CEO’s Indian roots, net worth and more
Adobe CEO Shantanu Narayen announced on Thursday that he will step down from his role after nearly two decades of leading the design software maker. According to Adobe, Narayen will…
Oman India Joint Investment Fund marks first close of $100 million for its third fund
Oman India Joint Investment Fund (OIJIF), backed by the Oman Investment Authority and State Bank of India, has secured a $100 million first close for its third private equity fund,…
‘Not a goodbye…’: What Adobe CEO Shantanu Narayen told employees after announcing decision to step down
, the longtime CEO of , announced he will step down once a successor is chosen. Narayen has led Adobe for 18 years, playing a key role in turning its…
Live Nation employee mocks customers as so stupid in internal messages released in court case
NEW YORK (AP) — Incendiary internal messages in which a Live Nation employee mocks customers as “so stupid” and says the company is “robbing them blind, baby” have been made…
Pentagon Test Office Needs More Data On New Hypersonic Missile
(Bloomberg) — The Pentagon testing office said it won’t get enough data to evaluate the combat effectiveness of the US’s first hypersonic missile until early next year, another troubling sign…
China’s OpenClaw Frenzy Tests Xi’s Approach to Regulate AI
The OpenClaw frenzy that spread throughout China is testing Beijing’s approach to artificial intelligence, as it seeks to balance the push for cutting-edge innovation against concerns over data security. Tech…
Lawyers in landmark social media addiction trial make final appeals to the jury
LOS ANGELES (AP) — After about a month of hearing from addiction experts, therapists, platform engineers and executives, including , a jury will listen to closing arguments before heading to…