February 17, 2026

CFO

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After laying off 1500 people, losing $88 billion; Meta CFO Susan Li tells analyst where the Reality Labs division will focus on

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Meta’s Reality Labs division is shifting focus from VR to wearables, despite continued development of future VR headsets. The company confirmed a significant reduction in VR investment this year, while increasing spending on wearables like smart glasses. This strategic pivot follows substantial losses in Reality Labs, with a projected peak in 2026 before expected declines….

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How Canadian PM Mark Carney’s China visit ‘resets’ what Justin Trudeau tried in 2017, but effort fizzled out after Canadian police arrested CFO of Chinese tech giant …

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Canada Prime Minister Mark Carney’s China visit is big. What makes it big is as a report in Bloomberg says that Canada has long stuck closely to the US on China policy. Along with historic trade ties, that alignment is now cracking. Canada PM Carney too made it sure that he makes it clear that…

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Read Microsoft CFO Amy Hood’s memo to employees with specific mention to GitHub Copilot kit and …

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After Microsoft’s latest earnings report, CFO Amy Hood has sent her customary internal memo to employees, underscoring the company’s financial performance and strategic priorities. As seen by Business Insider, in the internal memo Hood noted that Microsoft exceeded Wall Street expectations with revenue growing 17% year-over-year and operating income rising by 21%. She also highlighted…

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Ola Electric appoints new CFO after Harish Abichandani steps down

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BENGALURU: Ola Electric Mobility on Monday said it has appointed Deepak Rastogi as its chief financial officer, effective January 20, after incumbent CFO Harish Abichandani resigned from the role citing personal reasons, according to exchange filings.In a disclosure to stock exchanges, the company said its board approved Rastogi’s appointment at a meeting held on January…

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Cisco CFO Mark Patterson makes fun of Hewlett Packard Enterprise, says: The networking company you bought for $14 billion is …

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FILE – (AP Photo/Elise Amendola, file) Corporate rivalry is common and so is top executives mocking rival companies/their products. In one such case, Cisco chief financial officer (CFO) Mark Patterson took potshots at rival Hewlett Packard Enterprise’s $14 billion acquisition of Juniper. Speaking at an investors event, Cisco CFO Mark Patterson took pointed strikes at…

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‘I paid but what will the poor do’: Ex-BPCL CFO says he paid bribes after daughter’s death in Bengaluru | Bengaluru News

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BENGALURU: A former top executive of Bharat Petroleum Corporation Limited (BPCL), Sivakumar K, has sparked outrage after alleging in a LinkedIn post that he was forced to pay bribes to officials while dealing with his daughter’s death.Sivakumar K, who earlier served as BPCL’s chief financial officer, wrote that his 34-year-old daughter had recently died. In…

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