CEO
When IBM delivered bad news on Tuesday, CEO Arvind Krishna didn’t look for someone else to blame. He owned it.Krishna, who is widely credited with turning IBM around since becoming CEO in 2020, said in a letter to investors that clients had redirected quarterly capital spending toward scarce infrastructure. Management…
This as-told-to essay is based on a conversation with Ann Crady Weiss, the CEO of Hatch, a sleep and rest company based in the Bay Area. The following has been edited for length and clarity.I’ve been an entrepreneur since 2005. I started out as a corporate securities lawyer, then moved…
Care about your company, your colleagues, and your reputation, Lloyd Blankfein says.In his recent memoir, “Streetwise,” the former Goldman Sachs CEO recalled three pieces of advice he gave to the firm’s partners, which could be helpful to anyone building their career:1. Take responsibilityBlankfein’s first tip centered on the need for…
Meta could spark a price war in the booming AI coding market.The tech giant announced its latest AI model, Muse Spark 1.1, on Thursday, saying it performs well on industry tests for coding and AI agents. It’s Meta’s first AI model that it charges users for.In comments on X, Meta…
Disney’s leadership team, under CEO Josh D’Amaro, wants to ensure the company remains an entertainment powerhouse as tech evolves and frenemies like YouTube emerge.Since taking the top job in March, D’Amaro has emphasized original, creative storytelling, improving Disney’s streaming technology, and keeping the parks business he previously oversaw humming. He also installed…
Lloyd Blankfein went from being a poor kid on a Brooklyn housing project to a Harvard graduate, a corporate tax lawyer, then the CEO of Goldman Sachs.His titanic change in circumstances required a major shift in mindset, Blankfein explained in “Streetwise,” his memoir published this spring.He wrote that “growing up…
OpenAI CEO Sam Altman says his industry is already like something out of a work of fiction.”Evidence of AI’s economic value, importance to national security and acceleration of scientific discovery is becoming clear,” Altman wrote in an op-ed published by the Financial Times. “In another year or two, we expect…
Suzanne Stone spends her days thinking about cancer — not just the disease itself, but what happens after a diagnosis.As president and CEO of the Livestrong Foundation, she is constantly speaking with patients grappling with existential questions: “How do I tell my family? Can I go back to work? What…
GameStop CEO Ryan Cohen is so determined to buy eBay that he’s taken his own $35 billion pay deal off the table.Cohen has withdrawn the proposed compensation package because he wants to fully focus on revitalizing GameStop’s business and acquiring eBay, GameStop said in a press release on Tuesday.Cohen has…
Alex Karp has added to the growing list of billionaires buying large pieces of land for personal residences.The Palantir Technologies cofounder and CEO spent $120 million on a 3,720-acre ranch in Snowmass, Colorado — a ski town 15 miles north of Aspen.Karp, who’s worth $11.7 billion as of June 23,…
