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Meta VR exec opens up after CEO Mark Zuckerberg cuts his dream team’s budget and laid off 1000+ employees: Can tell you personally that we…

Meta executive Dilmer Valecillos assures the public that the tech giant is not abandoning virtual reality, despite recent layoffs and a strategic pivot towards AI-powered wearables. While Reality Labs saw significant cuts and studios shuttered, Valecillos is now focused on VR programs, signaling continued commitment to the technology’s future. A Meta executive broke his silence…

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Reliance Retail taps former Flipkart exec as CEO

MUMBAI: Reliance Retail Ventures has appointed former Flipkart executive Jeyandran Venugopal as president & CEO as the company prepares for an IPO.Jeyandran’s mandate is to strengthen the retail portfolio, accelerate omni-channel growth and drive technical and operational excellence. He will work closely with Isha Ambani, executive director at Reliance Retail Ventures and the leadership team…

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Elon Musk’s xAI top exec Ayush Jaiswal reacts to colleague’s post on working 36 hours with no sleep; says: Don’t be angry with …

Tesla CEO Elon Musk is known for his extreme work culture and now his AI company xAI is once again back in spotlight after a post by one of its engineers revealed that he had worked for 36 hours straight without any sleep. This revelation made by the techie started an online debate about work-life…

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TSMC investigates if the top exec who has joined Intel took TSMC tech; while Intel CEO Lip-Bu Tan says: We …

TSMC has reportedly opened an internal investigation to find whether Lo Wen-jen has taken trade secrets with him to Intel without its consent. According to a report in Bloomberg, Taiwanese newspapers spent the week reporting on the transition of Lo Wen-jen, 75, from his retirement from TSMC earlier this year to joining Intel in recent…

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Not Crazy …, says Facebook parent Meta top exec Alex Schultz on company overspending on AI

Facebook-parent Meta is preparing to spend up to $72 billion on AI infrastructure this year. Now concerns about the overspending and a potential tech bubble are mounting. However, according to Meta’s chief marketing officer and VP of analytics Alex Schultz feels that the investment strategy of the company is bold but far from irrational. As…

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How Instagram post featuring top exec forced American storage giant Snowflake to make SEC filing

American storage giant Snowflake has filed an 8-K with the Securities and Exchange Commission (SEC) this week. The latest filing comes after one of the company’s executives shared “unauthorised financial guidance” in a street interview, which was recently posted on Instagram. The video that featured Mike Gannon, Snowflake’s Chief Revenue Officer, whom James Dumoulin interviewed,…

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Leadership shake-up: 62% of India’s manufacturing sector exec hires are external; CEO, MD roles see biggest churn

A majority of executive-level appointments in India’s manufacturing sector over the past year were external hires, reflecting companies’ preference to bring in fresh leadership rather than promote from within, a report by CIEL HR Services revealed.The analysis, based on a combination of publicly available sources including professional networking platforms, press releases and verified databases, found…

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