According to CNBC, Google employees expressed concern about the wave of redundancies that has been sweeping through the tech industry in recent months after their CEO warned that productivity was slipping at the company. At a Wednesday meeting, Google's CEO reportedly told employees: "There are real concerns that our productivity as a whole is not […]
According to The Verge and CNBC, Shotwell, who joined the spacecraft company in 2002, sent an email to all SpaceX employees titled “the recent news story”, in which she defended Musk: “Personally, I believe the allegations to be false; not because I work for Elon, but because I have worked closely with him for 20 […]
Speaking to CNBC, Antoni Trenchev predicted the world’s largest cryptocurrency would surge above the $100,000 mark within the next 12 months, though said he was concerned about Bitcoin’s short-term prospects. Trenchev said the cryptocurrency may fall in tandem with traditional financial markets as the Federal Reserve begins its monetary stimulus programme. However, this could potentially […]
Speaking to CNBC’s Wilfred Frost on Monday, Gorman said, “I was wrong on this [...] I thought we would have been out of it past Labor Day and we’re not.” Back in June of this year, the Morgan Stanley CEO told conference attendees that he would be “very disappointed” if his employees failed to return […]
On Monday, luxury Swiss watchmaker Patek Philippe announced that it is making 170 special versions of its most popular timepiece — the Nautilus Ref. 5711 — as part of a partnership with Tiffany & Co. The surprise move comes almost a year after Patek Philippe discounted the famed timepiece, causing demand and prices to soar. […]
According to an email obtained by CNBC, on Friday, Tesla CEO Elon Musk urged staff to reduce the cost of customer deliveries, rather than rushing orders out to hit the company’s end of quarter sales goals. The email comes amid ongoing rising shipping costs. 2021 has seen Tesla struggle to deliver new vehicles to customers […]
In an interview with CNBC, Siemiatkowski said: “The volatility in the market right now makes me nervous to IPO, to be honest. I think it would be nice to IPO when it’s a little bit more sound. And right now it doesn’t feel really sound out there.” Swedish fintech Klarna is currently one of the […]
Image by unbekannt - https://ark-invest.com/wp-content/uploads/2020/04/ark-logo-1-1.svg, Public Domain, https://commons.wikimedia.org/w/index.php?curid=102251619 Turning to Twitter, Wood wrote: “To his credit, Michael Burry made a great call based on fundamentals and recognised the calamity brewing in the housing/mortgage market. I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.” […]
On average there are 84 robots for every factory 10,000 workers, according to the International Federation of Robotics. For years, robots have had a bad reputation for stealing workers' jobs. The rise of robots in factories has also increased the possibility of injury. Traditionally, robots needed to operate in separate spaces from humans. Collaborative robots, […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
