WEATHER ALERT
From tech podcasts to policy: Trump's new AI plan leans heavily on Silicon Valley industry ideas
Read full article: From tech podcasts to policy: Trump's new AI plan leans heavily on Silicon Valley industry ideasPresident Donald Trump has unveiled an “AI Action Plan” shaped by Silicon Valley tech leaders who supported his campaign.
CEO pay rose nearly 10% in 2024 as stock prices and profits soared
Read full article: CEO pay rose nearly 10% in 2024 as stock prices and profits soaredThe typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with China
Read full article: OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with ChinaOpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill about the biggest opportunities, risks and needs facing an industry which lawmakers and technologists agree could fundamentally transform global business, culture and geopolitics.
Stock market today: Wall Street finishes mixed as strong fashion, tobacco stocks offset Ford's drop
Read full article: Stock market today: Wall Street finishes mixed as strong fashion, tobacco stocks offset Ford's dropWall Street drifted through a mixed day of trading as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm.
CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbers
Read full article: CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbersThe typical compensation for CEOs of S&P 500 companies keeps climber higher — and outpacing the wages of average workers today.
More women made the list of top paid CEOs in 2023, but their numbers are still small compared to men
Read full article: More women made the list of top paid CEOs in 2023, but their numbers are still small compared to menMore women are reaching the top ranks of the corporate suite of S&P 500 companies, but their numbers are still miniscule compared to their male counterparts.
AI chip race heats up as AMD introduces rival to Nvidia technology
Read full article: AI chip race heats up as AMD introduces rival to Nvidia technologyAdvanced Micro Devices has revealed a new artificial intelligence chip in its race to compete with fellow chipmaker Nvidia in supplying the foundation for a boom in AI-fueled business tools.
For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slips
Read full article: For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slipsLast year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%.
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As world goes online in pandemic, another mammoth chip deal
Read full article: As world goes online in pandemic, another mammoth chip dealAMD and Xilinx is a huge tie-up in a season of massive buyouts for the semiconductor industry. Xilinx stockholders will receive 1.7234 shares of AMD stock for each Xilinx share they hold, or approximately $143 per share of Xilinx stock. AMD stockholders will own about 74% of the combined company, with Xilinx stockholders owning approximately 26%. AMD CEO Dr. Lisa Su will lead the combined company as CEO. The deal is expected to close by the end of next year, but still needs approval from regulators and shareholders of both companies.