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News on Medial
Wanted to hire him in 2004: Zoho CEO as Sriram Krishnan's named White House's AI advisor
Inshorts
·
8m ago
Medial
Zoho CEO Sridhar Vembu congratulated Indian-American businessman Sriram Krishnan on being named the White House's Senior Policy Advisor on AI. Adding that he came across Sriram's blog in 2004, he said, "I was so impressed I wanted to recruit him but Microsoft already had recruited him." "Thank you Sridhar. You've been an inspiration to [Aarthi Ramamurthy] and me," Sriram replied.
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Trump has found great talent: Zoho’s Sridhar Vembu applauds Sriram Krishnan's appointment
YourStory
·
8m ago
Medial
Sriram Krishnan has been appointed as the Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy. The CEO of Zoho Corporation, Sridhar Vembu, has applauded this appointment, noting Krishnan's talent and experience in leading product and engineering teams at tech firms like X, Meta, and Snap. President-elect Donald Trump announced that Krishnan will work closely with David Sacks, the newly appointed White House AI and Crypto Czar, to shape and coordinate AI policies across the US government. Krishnan had previously worked at venture capital firm Andreessen Horowitz for four years.
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Donald Trump appoints top tech advisers; signals shift with pro-crypto stance
Economic Times
·
8m ago
Medial
President-elect Donald Trump has made several appointments related to the field of technology. Bo Hines has been announced as the executive director of the Crypto Council, also known as the Presidential Council of Advisers for Digital Assets, chaired by David Sacks. Sriram Krishnan, an entrepreneur and former Microsoft employee, has been appointed as the Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy (OSTP). Trump has also appointed Michael Kratsios and Lynne Parker to key roles in the field of artificial intelligence and cryptocurrency. These appointments indicate Trump's support for technology and crypto, despite previously criticizing it.
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Australia's WiseTech CEO steps down after court settlement
Economic Times
·
10m ago
Medial
WiseTech Global announced that CEO Richard White will step down after settling a lawsuit that led to personal allegations against him. White, the founder and largest shareholder of the logistics software company, will transition to a long-term consulting role. CFO Andrew Cartledge will serve as interim CEO. The lawsuit involved wellness entrepreneur Linda Rogan, who was fighting bankruptcy declarations. The company stated that inquiries into the media coverage and personal allegations are ongoing. White expressed that it had been a challenging time for him, his family, and the company he built.
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Who is Georges Elhedery, named next group CEO of HSBC from September | Mint
Livemint
·
1y ago
Medial
HSBC has named Georges Elhedery as its next Chief Financial Officer (CFO), set to take over from CEO Noel Quinn in September 2024. Elhedery, who joined the bank in 2005, currently serves as CFO and will be responsible for driving the bank's growth and transformation. Quinn announced his retirement in April and said he wanted to pursue a portfolio career. HSBC traditionally appoints its CEO from within the company. Elhedery's appointment marks the third CEO in less than eight years for HSBC.
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Australia's WiseTech sinks after directors step down over differing views on founder's role
Economic Times
·
6m ago
Medial
Australian software maker WiseTech Global saw its shares fall 18% after four non-executive directors resigned due to differing views on the role of founder Richard White. White had stepped down as CEO amid personal life allegations but returned as a consultant. An external review largely cleared him, but concerns over his management style and new allegations emerged. WiseTech expects lower revenue but strong EBITDA margins, and plans new director appointments.
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Protesters demonstrate outside Tesla showrooms in US
Arstechnica
·
6m ago
Medial
Protesters gathered outside Tesla showrooms across the US, opposing CEO Elon Musk's role in drastic government cuts as an advisor to President Donald Trump. The protests, organized using hashtags #TeslaTakedown and #TeslaTakeover, targeted Musk's influence in the White House and his support for far-right politics. Actions against Musk range from demonstrations to vandalism, with criticisms focusing on alleged fascist associations. The backlash has affected Tesla's stock, reflecting consumer and investor concerns about Musk's political alliances.
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Sam Altman enters his power era
Business Insider
·
1y ago
Medial
OpenAI CEO Sam Altman has returned stronger than ever after a failed coup attempt. Altman's charisma, communication skills, and dedication to the mission of creating artificial general intelligence have garnered him immense loyalty from OpenAI staff. Despite having no controlling shares in the company, Altman's influence and persuasive abilities have allowed him to regain his position. The support from employees and Microsoft's quick hire of Altman and co-founder Greg Brockman further reinforce his power. OpenAI's future seems tied to Altman, signaling a shift towards a more commercially-driven vision.
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'Google hiked employee's offer by 4 times after he decided to join us': Perplexity CEO Aravind Srinivas
IndianStartupNews
·
1y ago
Medial
Perplexity AI CEO Aravind Srinivas revealed in a podcast that when he tried to hire a Google employee, the tech giant quadrupled the employee's salary to convince him to stay. In a video shared by the podcast host Alex Kantrowitz on X (formerly Twitter), Srinivas shared his experience of Google's competitive retention tactics. Netizens found the story intriguing, sparking discussions about Google's salary practices and its approach to retaining talented employees.
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Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'
Business Insider
·
1y ago
Medial
Former President Donald Trump has expressed concern over the potential ban of TikTok in the US. He believes that eliminating the app could strengthen Facebook and its CEO, Mark Zuckerberg. Trump's comments come after TikTok users launched a campaign against a proposed bill that would ban the app or require its sale to a non-Chinese company. The White House supports the bill, which aligns with Trump's previous stance on TikTok. Trump has a history of feuding with Zuckerberg, calling him a "criminal" and accusing him of interfering in elections.
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Prosus, parent Naspers appoint Fabricio Bloisi as new CEO
VCCircle
·
1y ago
Medial
Dutch technology investor Prosus and its parent company Naspers have appointed Fabricio Bloisi as the new CEO, replacing Bob van Dijk. Bloisi, who is currently the CEO of iFood, will take on the role for both companies starting on July 1. He is praised for his vision, operational expertise, and strong discipline, making him the right choice to lead the organizations. Outgoing CEO van Dijk oversaw Prosus's successful IPO and the company's performance during the pandemic, but the stock fell alongside technology valuations post-pandemic. Interim CEO Ervin Tu has been named as president and chief investment officer.
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