Google’s been on an efficiency drive. Its new CFO said it can ‘push a little further.’
Google CFO Anat Ashkenazi Google has spent the past couple of years getting its business into shape through layoffs and countless reorganizations. Its new CFO said it can do better. Making her debut on the company’s Q3 earnings call on Tuesday, Google’s new finance chief Anat Ashkenazi said one of her “key priorities” right now…
Flash floods are a worsening scourge worldwide — here’s why
Spain is the latest country to be ravaged by flash floods, which have been increasing in frequency around the world. At least 62 people have been killed and many more are missing in the worst flooding to hit Spain in decades. Torrential rain hit parts of the country on Tuesday, cutting off main roads, delaying…
Gaming giant Take-Two is in talks to sell its Chartboost adtech division
Take-Two, which owns franchises like “Red Dead Redemption,” is looking to offload its adtech asset Chartboost. Take-Two Interactive, the video games giant behind franchises like “NBA 2K24” and “Grand Theft Auto,” is in talks to sell its adtech division Chartboost. The company plans to offload Chartboost to streamline its focus on premium or “AAA” gaming,…
Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs
Amazon CEO Andy Jassy Wall Street is gearing up for Amazon to deliver strong quarterly financial results after the closing bell on Thursday, though uncertainty lingers about how the company might navigate a slowdown in consumer spending. Most analysts anticipate solid earnings and further upside for Amazon stock, driven by its cloud platform and advertising…
AMD CEO Lisa Su says GPU and CPU sales are nearly equal. Wall Street thinks that’s not enough.
AMD CEO Lisa Su If the central processing unit was the engine of the first age of computing, the graphics processing unit will fuel the next — at least according to CEOs like AMD’s Lisa Su. “We’re actually seeing now our GPU business really approaching the scale of our CPU business,” Su said on the…
AMD still has a gap to close with Nvidia’s AI chips
Lisa Su is chairwoman and CEO of Advanced Micro Devices (AMD) During Advanced Micro Devices’ third quarter earnings call on Tuesday, CEO Lisa Su said that the company has “closed a good part of the gap” with its AI rival, Nvidia. AMD still has a large gap with Nvidia, as it lags behind in GPUs…
JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now
Budget airlines like Spirit and Southwest are abandoning their traditional a-la-carte low-cost business models. Budget airlines are starting to look very different from their traditional no-frills roots. High costs, razor-thin margins, and an evolving travel market have forced them to switch gears. Low-cost airline veteran David Neeleman — founder of five budget carriers since 1984,…
Former Google CEO Eric Schmidt says future wars will be fought by AI drones and calls tanks ‘useless’
Eric Schmidt Ex-Google CEO Eric Schmidt said future wars will be fought by AI-powered drones, and urged the US military to do away with what he called “useless” tanks. Speaking at the Future Investment Initiative in Saudi Arabia on Wednesday, Schmidt said the low cost of automated drones will soon make traditional forms of combat…
China’s warplanes have all but erased the dividing line in the Taiwan Strait, creating a dangerous new normal
China has shown it will continue with its escalating military drills despite any calming or shifting rhetoric from Taiwan. China’s warplanes are pressuring Taiwan and have all but eliminated an important dividing line, with near-daily incursions creating a dangerous new normal. Since 2020, Taiwan has released regular, almost daily updates on incursions in its air…
