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As several Wall Street banks reported first-quarter earnings on Tuesday, executives had to answer for their exposure to the private credit market, which has been under a microscope recently. Loading audio narration… CFO Jeremy Barnum estimated the bank’s exposure to private credit funds was $50 billion.”We’re broadly comfortable with it,”…
Dave McCann oversees thousands of humans, and also an AI agent he named after himself: Digital Dave. Loading audio narration… One of the most valuable things it does is conduct research, including on the company’s customers. That’s a big help for McCann, who, as a global managing partner for transformation…
Paramount Skydance is bringing on a former Big Tech executive to take its technology to the next level. Loading audio narration… Hugh Williams, a former Google VP credited with helping invent the “infinite scroll” feature, is joining David Ellison’s Paramount to bolster the company’s advertising tech and product.Williams, who’s been called “the…
China has seen an explosion in “one-person companies” thanks to a little help from AI agents.Alibaba.com president Kuo Zhang told Business Insider he has seen this growth firsthand, estimating that 30% to 40% of the e-commerce platform’s customers are “solo entrepreneurs.”Business Insider previously reported on the rise of one-person companies,…
Sofia Hernandez, TikTok’s global head of business marketing and commercial partnerships, is leaving the company, according to a memo sent by global business solutions lead Will Liu. Loading audio narration… Hernandez worked at TikTok and ByteDance for nearly six years. She initially focused on marketing related to the company’s advertising…
