Germany’s tech landscape is undergoing a significant transformation, marking what many are calling the third wave of growth, particularly influenced by advancements in artificial intelligence (AI). Once predominantly centered in Berlin, the tech scene has expanded across the entire country, fostering a vibrant startup ecosystem. Christian Miele, a general partner...
PlayStation has officially announced the upcoming launch of its highly anticipated console, the PS5 Pro. Set to hit the shelves on November 7, the PS5 Pro will retail for $699.99, a notable increase compared to the original PS5, which debuted in November 2020 at $499 for the standard version and...
Microsoft has just unveiled its annual Xbox Year-in-Review feature for 2024, allowing gamers to reflect on their gaming experiences over the past year. This tool is designed to give players a detailed account of their gaming habits, showcasing the hours spent and achievements unlocked in various titles. Your Gaming Journey...
Salesforce saw a significant surge in its stock value, rising 9% following the release of its fiscal third-quarter earnings report, which surpassed Wall Street’s expectations for both revenue and future guidance. This strong performance highlights the company’s ongoing growth trajectory and strategic initiatives. Quarterly Performance Highlights For the quarter ending...
Pat Gelsinger, the former CEO of Intel, is set to receive a substantial severance package totaling over $10 million as he concludes his tenure at the company. This payout comes following a recently filed agreement with the Securities and Exchange Commission (SEC), which outlines the terms of his retirement. Details...
Intel is currently exploring the possibility of hiring an external candidate to fill the CEO position, a significant departure from its longstanding practice of promoting from within. This decision follows the recent ousting of Pat Gelsinger, the company’s former CEO, who faced challenges in steering the tech giant back to...
Pat Gelsinger, the CEO of Intel, recently faced a substantial setback regarding his compensation package. Although he had the potential to earn over $200 million based on performance targets, he ultimately fell short and missed out on a significant $140 million performance bonus. Despite this, Gelsinger will still take home...
In a significant shake-up, Intel has announced the resignation of CEO Pat Gelsinger, effective December 1. This decision follows a turbulent period marked by declining market shares and a failure to compete effectively in the rapidly evolving artificial intelligence sector. The announcement was made early Monday, and it is reported...
In a recent interview, Steve Altemus, the CEO of Intuitive Machines, expressed his enthusiasm about the company’s ambitions in lunar exploration. Intuitive Machines has already made headlines for achieving the first successful moon landing by a private company, but Altemus assures that this is only the beginning. The company aims...
Recent findings from a Digiday+ Research survey indicate a notable decline in engagement from publishers on Meta’s flagship platforms, Instagram and Facebook. While these social media giants experienced a surge in ad spending and user activity last year, the current trend shows a marked retreat by publishers, raising questions about...