business
Satya Nadella believes Microsoft needs to completely rethink its business model for the AI era, and he’s turning to an executive who influenced the company’s cloud reboot 15 years ago.Nadella tapped Rolf Harms as an advisor on AI economics to help with the ambitious plan, according to a memo the…
Remember when Reels was dismissed as Meta’s attempt to clone TikTok?Well, now the five-year-old app is on track to generate $50 billion a year. It’s turned into a huge win for Meta, and it has become one of the biggest “creator economy” businesses in the world.But that number also makes…
Elon Musk could soon be a trillion-dollar man.On Thursday, 75% of Tesla shareholders voted to approve his proposed $1 trillion pay package as the company’s CEO, contingent on a set of performance metrics he would need to meet over the next decade.And based on the standing ovation and exuberant cheering…
When my mom was diagnosed with her third bout of cancer in 2018, she asked me to come work for her day care business. Knowing she would be undergoing treatments and needed the help, I quit my job to become a manager at one of her four centers.We had previously…
Public spats used to be a liability for CEOs. Now, they could be a power move.The weekend’s quarrel on X between Sam Altman and Elon Musk — Altman insisting Tesla owed him a refund, and Musk slamming the OpenAI chief’s leadership — is the latest example of just how comfortable…
In the unrelenting talent war of the $5 trillion hedge fund industry, top recruiters have become coveted assets, commanding multimillion-dollar compensation packages at the sprawling multistrategy giants that have come to dominate the space.The thirst for business development executives who can move the needle in vetting and recruiting top portfolio…
