Consumer Alert: CEO says a public bank would allow her credit union to help more low-income borrowers – News10NBC
Consumer Alert: Credit union CEO says public banks will help more low-income borrowers It’s the final stretch. State lawmakers were probably drinking gallons of caffeine Friday night, trying to get bills passed before the session ends. One of the bills would create a public bank in Rochester, an idea I told you about on Tuesday, […]
Zoom CEO wants AI digital clones to go to meetings for you
Meetings may soon be a thing of the past. Zoom’s CEO wants to develop “digital twin technology” to allow employees to bring artificially intelligent versions of themselves into meetings and other time-consuming parts of their workday. “You can send a digital version of yourself to join in and go to the beach,” Eric Yuan said. […]
Zoom CEO Says in the Near Future Your AI Avatar Will Attend Work Meetings for You
In a recent interview, Zoom CEO Eric Yuan shared his vision for the future of work, where AI-powered digital twins will “revolutionize” the way we collaborate and communicate. in Interview with The Verge, Eric Yuan, founder and CEO of Zoom, spoke about the future of online meetings and video chat. Yuan started Zoom with the […]
Spirit, Frontier ‘going out of business’: United Airlines CEO
United Airlines CEO Scott Kirby said struggling low-cost carriers such as Spirit Airlines and Frontier Airlines are on the path to “going out of business” because of poor customer service. Kirby, an outspoken commentator, blamed airlines for a “flawed business model” that lures passengers with ultra-low fares and then charges for oversized carry-on bags that […]
WaPo CEO brutally tells employees: We’re losing money because no one is reading your stories
Washington Post Publisher and CEO Will Lewis told hard-hit employees on Monday that readership was falling so sharply that something drastic had to be done to make the company profitable. The meeting came after the sudden departure of editor-in-chief Sally Buzbee, who moved from The Associated Press to The Washington Post in 2021. “We need […]
Washington Post staffers clash with CEO at all-hands meeting after top editor exits: ‘Get with the program’
Less than 24 hours after editor-in-chief Sally Buzbee resigned, Washington Post staff grilled the Paper’s new CEO and publisher, Will Lewis, in a tense all-hands meeting. Busbee was the first woman to serve as editor in chief at the paper’s 144-year history, but stepped down after a three-year stint that saw the paper suffer financial […]
Cracker Barrel to raise prices after sales drop, CEO admits chain ‘not as relevant’
Cracker Barrel announced it plans to raise menu prices despite reporting a decline in third-quarter restaurant revenue, after the Southern-themed restaurant chain’s CEO acknowledged last week that menu prices “are not as important as they used to be.” Cracker Barrel is the latest company struggling to turn a profit in times of continued inflation. The […]
American Airlines shares plummet on dismal forecast as CEO vows reset
American Airlines Chief Executive Officer Robert Isom on Wednesday pledged to reset the airline’s sales and distribution strategy after the airline lowered its current-quarter profit forecast despite strong travel demand. The dim outlook caused American Airlines shares to fall 15%, helping to drag down the overall NYSE Arca Airlines Index. Isom blamed the drop in […]
UiPath shares tank 30% after company announces CEO shakeup – CNBC
Daniel Dines, billionaire co-founder of automation software company UiPath, at the company’s offices in Bucharest, Romania, Thursday, May 20, 2021. Andrzej Pungovski | Bloomberg | Getty Images Shares of software company UiPath plunged more than 30% on Wednesday after the company announced that CEO Rob Ensslin would step down on June 1 and be replaced […]
Ex-OpenAI board member reveals why Sam Altman was briefly ousted as CEO
A former OpenAI board member has provided the most detailed account yet of the shocking events that led to Sam Altman’s firing as CEO last November. In a new interview, he claims that Altman repeatedly lied to the board about everything from AI safety to the launch of ChatGPT. Helen Toner, who left OpenAI as […]