Cisco reported quarterly results that exceeded estimates, but its guidance was subpar. The company attributed the decline in product orders to clients being preoccupied with implementing Cisco offerings from previous quarters. Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | …
In an announcement, Salesforce’s Marc Benioff revealed that Denise Dresser, a long-serving executive, is set to take over as CEO of Slack, replacing Lidiane Jones. Since being acquired by Salesforce in 2020, Dresser will be the third CEO of the unit. Prior to joining the dating app Bumble as CEO in 2024, Jones was announced …
Ripple CEO, Brad Garlinghouse, voices his opinion at the Ripple Swell event in Dubai, accusing the SEC of losing sight of their mission to protect investors. A U.S. judge’s recent ruling deemed XRP was not a security, marking a pivotal victory for Ripple. The company continues to pursue the next steps in the case, hoping …
Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. OpenAI CEO Sam Altman delivered the keynote address at the first ever Open AI DevDay conference. Justin Sullivan | Getty Images Microsoft has invested billions of dollars in OpenAI. However, for a brief time on Thursday, employees …
Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul, Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft is poised to enter its next phase of growth with the introduction of Microsoft 365 Copilot, an artificial intelligence add-on for its Office app subscriptions targeted at businesses. This feature, available …
Microsoft’s Windows 11 Revolutionizes the Start Menu and Introduces Copilot Chatbot Written by Jordan Novet | Published on CNBC Microsoft has unveiled the latest major update to its Windows 11 operating system, bringing significant changes and new features. One of the standout additions is the introduction of Copilot, an advanced chatbot that operates similarly to …
Satya Nadella, CEO of Microsoft, arrives to federal court in Washington, D.C., on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft shares surged by 6% in after-hours trading on Tuesday following the release of the company’s fiscal first-quarter results and revenue guidance, which exceeded expectations. Additionally, Microsoft reported a significant increase in …
Amazon announced plans to launch an independent cloud for Europe, catered towards highly-regulated industries and the public sector. The Amazon Web Services European Sovereign Cloud will be located within Europe, separate from the company’s other cloud operations. This move highlights the importance for businesses to comply with Europe’s data privacy regulations and the region’s push …
Amazon announced on Friday that it will soon initiate drone deliveries in College Station, Texas. Amazon Amazon Pharmacy customers located in College Station, Texas can now have their prescription medications delivered by drone, the company announced in a blog post on Wednesday. Eligible customers can access over 500 medications, including treatments for common conditions like …
The U.S. Department of Commerce announced on Tuesday its plans to block the sale of advanced artificial intelligence chips to China in the upcoming weeks. This move aims to close loopholes that emerged after last year’s restrictions on AI chip exports came into effect. The news of the new rules caused chip stocks to decline …