CEO Financial News

British regulators have cleared Microsoft’s hiring of key staff from startup Inflection AI, saying the deal wouldn’t stifle competition in the country’s artificial intelligence market

Frontier Airlines CEO Barry Biffle discusses growth opportunities for low-cost fares, the failed JetBlue-Spirit merger and more on 'Maria Bartiromo's Wall Street.' 

The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.

Apple-Metro Chairman and CEO Zane Tankel says consumer brands need to be more creative in an inflationary environment.

Invest4Edu, a platform which offers education planning, saving and investment services, has secured $3 million in seed funding from family offices. The funds will be used to accelerate growth and deepen the company’s impact in the early education planning and financial support domains “This is an important step in our journey of making quality education accessible to all. The proceeds will be leveraged to accelerate the growth with primary focus on sales and marketing, technology, and product development,” said Peeyush Agrawal, CEO, Invest4Edu.

ISRO chairman S Somanath will launch a private-sector cybersecurity R&D centre near Bengaluru international airport. The lab is being built by global forensics-driven cyber security solutions company SISA. The project "Cyber Nalanda" is a step towards revolutionizing cybersecurity with the laying of the foundation stone for a state-of-the-art R&D center in India. «This initiative is more than just a technological investment; it’s a commitment to securing the future of digital space, globally,» the company said.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

PDRL on Wednesday launched BhuMeet, an advanced SaaS (Software as a Service) platform to help bridge the gap between drone service providers and farmers. BhuMeet will enable users to find and hire drone service providers based on their service records and proximity, ensuring efficient and localised service delivery, a company statement said. «By bridging the gap between farmers and reliable service providers, BhuMeet not only enhances operational efficiency but also empowers the agricultural community to harness the full potential of drone technology,» PDRL founder and CEO Anil Chandaliya said. BhuMeet--India's first SaaS platform for connecting drone service with farmers--will play a vital role in modernising agriculture across the nation, he added.

reading glasses. Mumbai-based Entod Pharmaceuticals announced the final approval for PresVu eye drops, with plans to launch the product in the domestic market in the first week of October.

SIP even with Rs 100 and this is cheaper than a cup of coffee, said Edelweiss Mutual Fund CEO, Radhika Gupta. According to Gupta, an investor should take advantage of this and start a SIP. Gupta also informed the investors that Edelweiss Mutual Fund has been accepting Rs 100 SIPs in all its funds for the last six months and one should make use of it. She posted on social media platform X, “A SIP that is cheaper than a cup of coffee. Since this has been spoken about, sharing this. We have been accepting 100 rupee SIPs in all our funds for the last 6 months+. Do take advantage of it!”

Salesforce on Tuesday said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions. The acquisition, for which no deal value was disclosed and is expected to close in the third quarter, will see Tenyx's co-founders, CEO Itamar Arel and CTO Adam Earle, along with their team, join Salesforce. Tenyx, a California-based startup founded in 2022, caters to clients across various industries, including e-commerce, healthcare, hospitality and travel, according to its website.

A hedge fund that's been urging Southwest Airlines to dump its CEO and chairman says it has acquired enough of the company's stock to call a special meeting of shareholders

₹5,000 crore from the sale, one of the three people said, while a second person said the sale plan was initiated three weeks ago. Pernod’s plan to sell Imperial Blue comes two years after rival Diageo sold a bunch of low-margin brands including Haywards, Honey Bee and Romanov, reflecting multinational liquor makers' preference for premium brands that sell less but earn more. Goldman Sachs declined to comment, while spokespersons for Pernod Ricard and Goldman Sachs did not respond to emailed queries.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Tork Motors is looking to sell a stake to raise capital in a desperate bid to revive operations crippled by a sharp cut in government subsidies on electric vehicle sales and an overall funding squeeze. The Pune-based electric motorcycle startup--backed by Ratan Tata, Bharat Forge and Ola's Bhavish Aggarwal--has sent out buyout proposals to two-wheeler companies including Kinetic Green, Hero MotoCorp, and TVS Motor Company for the potential deal, said people familiar with the matter. These companies said they are studying the proposals and would decide shortly. The people cited above didn't disclose the amount of stake Tork Motors plans to sell. The company was last valued at $45 million, according to The Kredible and Entrackr.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Binance CEO Richard Teng discussed key commitments including prioritizing users, supporting global regulatory frameworks, and partnering with global entities.

A growing number of restaurant customers are choosing to eat alone

Former Volkswagen Group CEO Martin Winterkorn is facing trial on charges of fraud and market manipulation

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering.