Showing posts with label business leader. Show all posts
Showing posts with label business leader. Show all posts
Saturday, August 29, 2026
Tuesday, August 04, 2026
After firing 600 workers monday.com CEOs seek double pay by 2029
This is probably the kind of headline no CEO ever wants to see! What went wrong? What were these two CEOs thinking? 😊 Or is this fake news? Or were these two CEOs previously underpaid?
"monday.com has approximately 2,500 employees" (Google Search)
What will the impact on the remaining employees be?
"Just two weeks ago they announced the layoffs of some 600 employees, and now monday.com (Nasdaq: MNDY) founders and co-CEOs Roy Mann and Eran Zinman are asking for a substantial pay rise. In advance of the company’s general shareholders meeting due to be held on August 6 ..."
Sunday, December 28, 2025
Remembering Lou Gerstner who turned around IBM
R.I.P. An American business leader icon passed away at age 83.
"... an American businessman, best known for his tenure as chairman and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes around. Gerstner is chairman of Gerstner Philanthropies.
Gerstner was formerly CEO of RJR Nabisco, and held senior positions at American Express and McKinsey & Company. ..."
Saturday, August 23, 2025
Coinbase CEO explains why he fired engineers who didn’t try AI immediately
What an extremist, drastic CEO! Did he himself try AI immediately? Maybe it has something to do with his last name?
The article does not mention how many engineers were fired, only "While it doesn’t sound like very many people were fired".
"... But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky Pint.” ..."
Thursday, April 10, 2025
Intel CEO Lip-Bu Tan invested in hundreds of Chinese companies, some with military ties
"Conflict of interest?" Somebody in hot water? Will he have to disinvest like TikTok?
Will he be invited by President Trump for an interview in the White House? Just kidding!
"Summary
- Tan invested in over 600 Chinese firms, some linked to China's military
- Investments raise concerns because of Intel's role in US national security
- Intel says Tan disclosed potential conflicts of interest before becoming CEO
- Chinese databases list many Tan investments as current, extent of divestitures unclear ...
Reuters' review found that Tan controls more than 40 Chinese companies and funds as well as minority stakes in over 600 via investment firms he manages or owns. In many instances, he shares minority stake ownership with Chinese government entities.
Several investors interviewed by Reuters expressed concern that the scope of Tan’s investments could complicate the task of reviving Intel. Along with Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co, Intel is one of three companies in the world making the most advanced computer chips, and the only one based in the U.S. ...
It is not illegal for U.S. citizens to hold stakes in Chinese companies, even those with ties to the Chinese military, unless those companies have been added to the U.S. Treasury's Chinese Military-Industrial Complex Companies List, which explicitly bans such investments.
Reuters found no evidence that Tan is currently invested directly in any company on the U.S. Treasury's list. ...
Tan invested at least $200 million in hundreds of Chinese advanced manufacturing and chip firms between March 2012 and December 2024, including in contractors and suppliers for the People's Liberation Army, according to a review of Chinese corporate databases cross-referenced with U.S. and analyst lists of companies with connections to the Chinese military. ..."
Tuesday, December 03, 2024
Friday, October 11, 2024
When two famous business leaders, one from India, the other one from Japan, met in 1893
Great history unfolds during meetings of the minds!
"It was in 2014 when Indian business tycoon Ratan Tata, who recently passed away at the age of 86, wrote for Nikkei's long-running autobiographical series. While those stories unfortunately are no longer available online, I found them in old newspaper archives and noted with great interest how the arc of his life, both in private and business circles, was closely tied to the development of the Indian economy.
While reading the series, I was fascinated to learn that the Tata Group, founded in 1868, the first year of Japan's Meiji era, has deep historical ties with Japan. Tata's founder, Ratan's great-grandfather [Jamshedji Tata
], known as the father of Indian industry, met with Eiichi Shibusawa, the father of Japanese capitalism [and a great philanthropist] (and now featured on Japan's 10,000 yen note), in 1893 to establish the first regular shipping routes between the two countries. ..."
Jamshedji Tata (1839-1904)
Shibusawa Eiichi (1840-1931) "Visiting the Yoiku-in, a welfare center in Tokyo, the Yoiku-in was dedicated to helping the sick and in need." (Source)
Wednesday, February 21, 2024
Microsoft Under Nadella: The Making of The World’s Most Valuable Company
Recommendable! Both Google and Microsoft have Indian CEOs.
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