Microsoft CEO Satya Nadella. NEW DELHI: Microsoft CEO Satya Nadella‘s compensation for fiscal 2024 increased by 63%, reaching $79.1 million, a company filing revealed on Thursday. This surge was primarily due to stock awards. Nadella’s compensation in 2023 was $48.5 million.The filing detailed that Nadella’s stock awards rose to about $71 million from $39 million…
Microsoft CEO Satya Nadella has adopted an unconventional daily habit. The CEO of the $3 trillion tech giant carves out time each day to personally connect with two different executives, ranging from AI innovators to sports coaches, according to a recent report by The Information. This practice, deeply woven into Nadella’s routine, serves as his…
OpenAI CEO Sam Altman with Microsoft CEO Satya Nadella OpenAI and Microsoft are locked in a high-stakes negotiation over how to translate Microsoft’s nearly $14 billion investment into equity as the AI startup transitions to a for-profit corporation, according to a Wall Street Journal report. This pivotal discussion comes as tensions emerge in their once-celebrated…
FILE – In this April 17, 2007 file photo, exhibitors work on laptop computers in front of an illuminated sign of the Google logo at the industrial fair Hannover Messe in Hanover, Germany. (AP Photo/Jens Meyer, File) The US Department of Justice is “very likely” to prohibit Google‘s long-standing search deal with Apple, according to…
Microsoft founder Bill Gates is no longer among America’s 10 richest people. Once a perennial fixture at the top of wealth rankings, Bill Gates has seen his net worth slip significantly. The billionaire philanthropist’s ranking on the 2023 list of America’s wealthiest individuals has dropped to No. 9, marking a significant decline from his previous…
A video of a woman claiming that Kamala Harris left her paralyzed in a hit-and-run case 13 years ago is the work of Russian propaganda group in a bid to influence the public opinion as the US presidential approaches, Microsoft said on Wednesday. “As the election approaches, people get more heated,” Clint Watts, general manager…
Apple and Nvidia are in discussions to invest in OpenAI as part of a new funding round that could value the artificial intelligence startup at over $100 billion, according to people familiar with the matter. The potential investments by the tech giants would join a round led by venture capital firm Thrive Capital, which is…
The Central Bureau of Investigation (CBI) has filed FIR against 10 call center operators accused of defrauding customers of tech giants Amazon and Microsoft. These operators allegedly duped foreign customers by posing as technical support providers and enticing them with lucrative plan upgrades.According to a report in news agency PTI, the CBI registered two separate…
The tech sector is experiencing unprecedented volatility in 2024, with massive layoffs and widespread uncertainty. Economic pressures, rapid technological advancements, and shifting market demands have led to significant job cuts. Companies like Intel, Microsoft, and UKG are slashing their workforces, highlighting the need for professionals to continuously upskill and adapt.The wave of tech industry layoffs…
The wave of tech industry layoffs persisted through July 2024, with over 8,000 professionals across 34 technology companies lost their jobs this month. The total layoff count for 2024 has now reached 124,517 employees from 384 companies worldwide. Intel mass layoffs, over 15,000 employees to let go Intel is laying off over 15,000 employees, representing…
