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ceo

Microsoft CEO Takes Pay Cut After Security Breaches

October 27, 2024

Microsoft's CEO, Satya Nadella, saw a significant pay increase for the fiscal year 2024, reaching $79. 1 million. However, this amount was $5. 5 million less than it could have been due to several cybersecurity incidents. Nadella's compensation was mainly in the form of stock. The board's compensati

business

Microsoft's Big Boss Gets Big Bonus, While Workers Lose Jobs

October 27, 2024

Microsoft has been making headlines for laying off over 2, 500 gaming division workers this year. Meanwhile, the company's CEO, Satya Nadella, received a massive $79 million bonus. This bonus is a significant increase from last year's $48. 5 million. The company, now worth a staggering $3 trillion,

technology

Why Microsoft’s CEO Cut His Pay After Major Hacks

October 26, 2024

Microsoft’s CEO, Satya Nadella, took a significant step last year. He decided to reduce his pay despite the company’s fantastic financial performance. This bold move came after a series of serious cyberattacks hit Microsoft. It’s like he said, “Hey, I’m the boss, and it’s my responsibility to make s

business

Microsoft CEO’s Pay Soars Despite Requesting a Cut

October 26, 2024

Imagine this: Microsoft's boss, Satya Nadella, actually asked for a pay cut. But did it happen? Nope! His total compensation jumped by 63% to a whopping $79 million in fiscal 2024. Why the big increase? Well, his salary did drop by 50%, but other parts of his pay, like stock awards, skyrocketed. Thi

technology

AI's Impact: A Thousand Times More Productive, Not Human-Replacing

October 26, 2024

NVIDIA's CEO, Jensen Huang, recently shared his thoughts on AI at an event in India. He believes that while AI won't replace humans entirely, it can outperform us in specific tasks by a huge margin – up to 1, 000 times better! This doesn't mean we should worry about losing our jobs to robots, though

technology

NVIDIA CEO: Blackwell's Flaws Were Ours, TSMC Helped Fix It

October 25, 2024

In a recent interview, NVIDIA's CEO Jensen Huang admitted that the design flaws in the Blackwell AI portfolio were entirely the company's fault. Contrary to earlier rumors, the Taiwan Semiconductor Manufacturing Company (TSMC) had no role in these issues. The problem stemmed from NVIDIA's need to pr

science

Discovering an Ancient Swamp Dweller: A New Mammal from Colorado's Past

October 24, 2024

Imagine stepping back in time to the age of dinosaurs. In Colorado, paleontologists have found the fossils of a new mammal species that lived around 70 to 75 million years ago. This creature, named Heleocola piceanus, was an opossum-like animal related to today's marsupials. The discovery is excitin

technology

Tim Cook's China Visit: Is Apple Intelligence the Key?

October 24, 2024

Apple's CEO, Tim Cook, is back in China this year. This time, he's chatting with Beijing officials and local partners. Why is this visit special, you ask? Well, Apple is facing tough competition. Plus, they're planning to launch Apple Intelligence in China. This is a big deal because it's Apple's ne

business

Ford CEO’s Surprise: Why He’s Sticking with Xiaomi's EV

October 24, 2024

You might know Ford as a classic American car company. However, the CEO of Ford, Jim Farley, has a surprise for us. He's been driving Xiaomi’s electric vehicle (EV) for the past six months and he loves it! Farley, who usually avoids talking about the competition, couldn’t help but share his enthusia

business

Boeing's New CEO Tackles Losses and Strikes

October 23, 2024

Boeing’s new CEO, Kelly Ortberg, has big plans to turn things around. He wants the company to be leaner and make higher-quality planes. But right now, Boeing is facing a big problem: a strike by thousands of workers. These machinists are upset about their contract and have been picketing outside a B