CEO Financial News

Currently, Mahendra-Rajah is the CFO of Analog Devices, where his role includes overseeing the company’s global finance organisation, along with financial management, planning, controls, and reporting.

X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company's progress under billionaire owner Elon Musk. The appearance at Vox Media's Code conference comes as Yaccarino marked 100 days as CEO of the platform formerly known as Twitter. She has faced questions over her autonomy in the role and the company's ability to court advertisers who have been wary of the rapid changes on the platform and Musk's controversial persona.

Jim Ryan will retire next March after almost 30 years at the Japanese firm. CEO Kenichiro Yoshida praised Ryan for overseeing the launch of the PlayStation 5 during the Covid pandemic and putting it «on track to become (Sony's) most successful console yet». Ryan joined Sony Interactive Entertainment (SIE) in 1994 and held a number of senior positions before becoming CEO of the division in 2019. «I will leave having been privileged to work on products that have touched millions of lives across the world,» Ryan said in a statement. He said he was finding it «increasingly difficult to reconcile living in Europe and working in North America». Group chief operating and finance officer Hiroki Totoki will be interim CEO of SIE from April 1, Sony said. Sony shares were down 1.33 percent on Thursday following the announcement, in a falling market.

OpenAI temporarily disables ChatGPT's internet browsing feature: Here's why Notably, ChatGPT iOS users had received the update providing web browsing abilities as early as June but the company had to soon halt the feature after users started making use of the chatbot to access paywalled content. ChatGPT Plus and Enterprise can enable the Browse with Bing extension in the selector under GPT-4.

By Sam Nussey

Flipkart has merged key technology and product roles in its new businesses of Cleartrip (travel) and Flipkart Health Plus (epharmacy) into the core commerce team to streamline operations, multiple people aware of the matter said. These changes have come into effect over the past few weeks, they added. The integration has come ahead of Flipkart's flagship festive season sale of BigBillionDays, which may kick off on October 7 or 8 – two to three days ahead of rival Amazon’s festive sale that is set to start on October 10, these people said. Flipkart has, however, yet to finalise the dates.

Nickel explorer Chalice Mining is smarting from a 55.5 per cent slump in its share price since the release of last month’s scoping study, but its strategic partner search is ticking along.

Netflix has released the first trailer for "Tomb Raider: The Legend of Lara Croft," a new anime series featuring the voice of Hayley Atwell (known for her role in «Agent Carter»). This project was initially announced by Netflix in early 2021 as part of their collaboration with Legendary to expand the Skull Island and Tomb Raider universes with two anime series. The Tomb Raider anime series will follow the Square Enix video game and continue the story after the reboot trilogy, focusing on Lara Croft as she explores new territories. Netflix revealed the show's premiere date in 2024 during their inaugural DROP 01 event, an online showcase of their upcoming animated content. «Tomb Raider» has grown into a global franchise, spanning movies, merchandise and comic books. This Netflix-Legendary project marks Lara Croft's debut in an animated series. In 2001, Angelina Jolie portrayed the iconic heroine in «Lara Croft: Tomb Raider» and its 2003 sequel, «Lara Croft: Tomb Raider – The Cradle of Life.» In 2018, Alicia Vikander took on the role in a new film adaptation and will reprise it in the upcoming sequel, written and directed by Misha Green from "Lovecraft Country." The anime series will be scripted by Tasha Huo, known for her work on «The Witcher: Blood Origin» and «Red Sonja.» Executive producers include Dmitri M. Johnson, the founder and CEO of dj2 Entertainment, recognized for «Sonic the Hedgehog,» along with Stephan Bugaj and Howard Bliss. Jacob Robinson, under his company Tractor Pants, will also serve as an executive producer for the series.

Former Chrysler CEO Bob Nardelli discusses the ongoing talks between the UAW and the Big Three automakers on «The Claman Countdown.»

Cetera Financial Holdings senior management is planning a webinar Thursday afternoon with Avantax Inc.’s financial advisors to discuss questions raised by some of the 3,100 advisors in the wake of Cetera’s announcement earlier this month that it’s buying the tax-specialized broker-dealer for $1.2 billion.

Loved ones are remembering a slain Baltimore tech entrepreneur for her compassion and dedication to helping others

President Joe Biden has vetoed Republican-sponsored bills intended to undo federal protections for two endangered species that have seen their populations plummet over the years

Meta CEO Mark Zuckerberg kicked off the tech giant’s Connect developer conference on Wednesday with a focus on virtual and augmented reality and artificial intelligence

With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning to alternative assets outside of equities and bonds to generate returns.

Apple Apple Inc.'s lucrative agreement to use Alphabet Inc.'s Google as the default search engine for the iPhone includes a provision that the two tech giants will “support and defend” the deal against government scrutiny, a top Apple executive said at an antitrust trial. Their long time contract was renegotiated in 2016 to include the provision, Apple's Senior Vice President of Services Eddy Cue disclosed Tuesday in a Washington federal court, where the US government is pressing its claim that Google operates a monopoly in the search business. Cue, the architect of the most recent version of the agreement, said the provision for a joint defence was added at Google's request. He said it was handled by company lawyers so he couldn't speak directly to why it was included.

DXC Technology has announced partnership with technology nonprofit organization Muskaan Dreams. The company said that the collaboration is set to revolutionize public school classrooms. «Through this partnerships, we will try to ensure that no one is left behind.

A majority of Wall Street investors didn't take solace in stocks' 2023 gains, thinking the market could retreat further as risk for a recession creeps up, according to the new CNBC Delivering Alpha investor survey. 

The chairman of Crown Resorts says US investment giant Blackstone underestimated the amount of work that would be required to transform the casino giant’s culture and systems following years of scandal, but is confident it is on track to regain its licences early next year.

Indium Software on Wednesday said it has appointed Jagannath Bharadwaj as its Chief Operating Officer (COO). “I look forward to building upon the strong foundation of deep expertise and spirit of innovation, and deliver outsized value to clients, associates, partners and other stakeholders” Bharadwaj said in a statement.

Doceree, which operates a network of physician-only platforms for programmatic messaging, on Wednesday said it has raised $35 million in a Series B funding round led by Creaegis, Existing investors Eight Roads Ventures and F-Prime Capital also participated in the round, as per a statement. The funds will enable Doceree to accelerate product development, augment technologies, scale global expansion and expand the team, it added.

(Reuters) — Shares of Faraday Future Intelligent Electric slumped in premarket trading on Wednesday, after the cash-strapped electric-vehicle company announced plans to raise up to $90 million through a stock offering.