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Intel CEO Pat Gelsinger has said he dreamt of reaching the top post since his early days at the company. (Image credit: LinkedIn) Intel CEO Pat Gelsinger has had a three-decades-long stint with the cutting-edge technology company. Over the course of his career, he has gathered some crucial insights, which he is now sharing with other professionals. During a university speech in Ohio last week, Gelsinger elaborated on his three-point guide for success, Inc. magazine reported. The first tip he had was having a mentor. "We're diamonds in the rough and we need people to knock off those rough edges," he said. Pat Gelsinger cited his own relationship with Intel's former CEO Andy Grove as an example. Second, he advised that professionals write down a mission statement for themselves and think big. Close Gelsinger added that he had his sights set on the Intel CEO position since his early days at the company. He said his dream became a reality only because he … [Read more...] about Intel CEO Pat Gelsinger’s 3 tips for success

Ronojoy Dutta (left) will step down by Sept 30; Pieter Elbers (right) will succeed him Ronojoy Dutta, the chief executive officer of IndiGo, will retire in September, the private carrier announced on May 18, further stating that Pieter Elbers has been finalised as his successor. Dutta, 71, was appointed at the helm of IndiGo in January 2019. He has "decided to retire on September 30, 2022", after guiding IndiGo "through the turbulent Covid period", said a statement issued by the airline. The board of directors of InterGlobe Aviation Limited, the carrier's parent firm, have "appointed Pieter Elbers as the next chief executive officer, subject to regulatory approvals", it added. Elbers, who has served as the chief executive of KLM Royal Dutch Airlines, will join IndiGo "on or before October 1, 2022", the statement noted. Dutta, while commenting on his decision to step down, said IndiGo is in the "good custody of Mr Elbers" and that the future for IndiGo employees is … [Read more...] about IndiGo CEO Ronojoy Dutta to retire in September, Pieter Elbers named successor

“The Offer” is an outstanding series. The limited Paramount+ series with Miles Teller follows the making of the legendary film “The Godfather,” and through the first episode, it’s a lit time! (REVIEW: ‘ Westworld ’ Season 3 Ends With The Possible Deaths Of Multiple Characters) The show follows Albert S. Ruddy (Teller) as he attempts to get the famous story told on the big screen and all the challenges that come along with that. View this post on Instagram A post shared by Paramount+ (@paramountplus) There’s organized crime issues, studio issues and plenty of other choppy waters that must be navigated before the greatest gangster film ever can be released. Honestly, I don’t know much about the history of “The Godfather,” but it doesn’t matter. If anything, that makes it more interesting. View this post on Instagram A post shared by … [Read more...] about REVIEW: ‘The Offer’ Is An Outstanding Series About The Making Of ‘The Godfather’

Elon Musk, who is in talks to acquire Twitter, has said he will conduct his own research to ascertain the actual number of spam accounts on the platform. Twitter Chief Executive Officer Parag Agrawal stood by the company’s estimate that less than five percent of its daily active users were “fake or spam”,  as Elon Musk expressed doubts about it. Elon Musk , whose deal to buy Twitter is presently on hold, has said he will conduct his own research to ascertain the actual number of spam accounts on the social network. Let’s talk about spam. And let’s do so with the benefit of data, facts, and context… — Parag Agrawal (@paraga) May 16, 2022 In a Twitter thread on May 16, Parag Agrawal opposed the idea of an external estimate of fake accounts. Elon Musk disagreed with the comment, responding to it with a poo emoticon. Close “We don’t believe that this specific estimation can be performed externally, given the critical need to use both public and … [Read more...] about As Parag Agrawal stands by Twitter spam estimates, Elon Musk’s emoji response

A management reset may be in order at The Boeing Company (BA) , contends the CEO of Irish budget carrier Ryanair Holdings PLC ( RYAOF ), after a string of delivery delays and disputes over pricing negotiations have clouded the business relationship of the two companies. Key Takeaways Ryanair CEO Michael O'Leary said that Boeing's management needs a shakeup after a number of delivery delays and stalled pricing negotiations with the company. Ryanair ended negotiations to purchase up to 250 MAX 10 planes in September 2021 after pricing negotiations with Boeing broke down. Boeing's 737 MAX 10 and 787 Dreamliner have suffered major delivery delays due to certification and manufacturing issues. Faster-than-expected deliveries of Boeing's MAX 10 and Dreamliner could bring on a sharp rally in the company's share price. Ryanair Chief Executive Michael O'Leary lambasted the aerospace company's management at the airline's quarterly earnings conference call on Monday, … [Read more...] about Boeing (BA) Takes Heat From Top European Customer Ryanair

Serba Dinamik seeks restraining order against units, proposes '100% return' scheme of arrangement to creditors - A + A KUALA LUMPUR (May 18): Four subsidiaries of Serba Dinamik Holdings Bhd are seeking a restraining order and a leave to convene a creditors' meeting -- a move seen as to revive the troubled oil and gas group which is facing a winding up petition from its creditors. In a bourse filing on Wednesday (May 18), Serba Dinamik said its subsidiaries, namely Serba Dinamik Group Bhd (SDGB), Serba Dinamik Sdn Bhd (SDSB), Serba Dinamik Development Sdn Bhd and SD Controls Sdn Bhd, have filed an application for the two purposes on May 13. SDGB and SDSB are also among Serba Dinamik’s three subsidiaries, which together with the listed entity were slapped with winding-up petitions from six financial institutions for failing to service its RM1.2 billion syndicated term financing. The lenders are HSBC Amanah Malaysia Bhd, Ambank Islamic Bhd, Bank Islam Malaysia Bhd, … [Read more...] about Serba Dinamik units seek restraining order, proposes ‘100% return’ scheme of arrangement

Reuters filepix for illustration purpose only - A + A NEW YORK (May 18): The US is forcing Wall Street banks to embark on a systematic search through more than 100 personal mobile phones carried by top traders and dealmakers in the largest-ever probe into clandestine messaging on platforms such as WhatsApp. The Securities and Exchange Commission has been sending firms lists of key positions — in some cases pointing to around 30 people including heads of certain investment banking teams or trading desks — that are subject to the review, according to people with direct knowledge of the requests. Personnel in those roles are being ordered to hand over phones so devices can be examined by lawyers. The aim is to gauge how pervasively Wall Street professionals use unauthorized messaging platforms to chat with each other or clients as regulators decide which firms to punish, and how hard, for failing to preserve business-related messages sent via unapproved platforms. … [Read more...] about US pries into over 100 trader and banker phones in texting probe

- A + A HONG KONG (May 18): Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a breakup. Splitting up Europe’s biggest bank to separate out its Asian operations is being pushed by its largest investor, Ping An Insurance Group Co, based just across the border in Shenzhen. The call is winning support in Hong Kong’s retail base, which owns about a third of the bank, with some seeing it as a surefire way of preventing the steady stream of payouts from being cut off again. Their loyalty has been tested as numerous pivots in strategy fail to impress the market, leaving dividends at half of what they were in 2018 and the stock down more than 40%. The former British colony is the beating heart of the bank’s global operations, accounting for about 30% of the group’s 2021 adjusted profits. Yet decisions such as the halting of dividends … [Read more...] about HSBC’s mass of Hong Kong retail investors warms to breakup

- A + A KUALA LUMPUR (May 18): Cahya Mata Sarawak Bhd (CMS) posted a 7.42% drop in net profit for the first quarter ended March 31, 2022 (1QFY22) to RM72.02 million, from RM77.8 million a year ago, despite an improvement to its quarterly revenue. The group’s filing on Wednesday (May 18) showed that its quarterly revenue had climbed 5.93% to RM214.04 million in the quarter under review versus RM202.06 million in the previous corresponding quarter. The group attributed the lower net profit to higher tax expenses recognised in relation to higher taxable income from its divisions. It noted that its 1QFY21 earnings also included one-off gains from the disposal of Kenanga Investment Bank Bhd (KIBB) shares — amounting to RM28.52 million — and disposal of land and investment properties — amounting to RM16.99 million. Meanwhile, CMS attributed the improved revenue to higher revenue contributions from its cement and road maintenance divisions of 7% and 36% respectively. … [Read more...] about Cahya Mata Sarawak 1Q net profit down 7.42% on higher tax expenses

When a $70 million NFT sold at Christie’s last spring—a time before Bored Apes, Cool Cats, and Lazy Lions roamed the earth—some scoffed at the fortune spent on computer pixels that could be copy-pasted to your screen for free. But the lot wasn’t just a jpeg, it was the jpeg—and the money went to claim the original work, or the one we would call “authentic.” Take away that distinction, and yes, the file is worthless. advertisement advertisement It’s a high-stakes game that’s rife with fraud, abuse, and theft, and not even the biggest players are immune. But OpenSea, the planet’s largest NFT marketplace, might have a few tricks up its sleeve. This morning, it’s rolling out two products to safeguard the authenticity of collections on its platform. The first streamlines the verification of creator accounts, and the second banishes copymints, or spoofs of existing NFTs, using image recognition. Verified badges are among OpenSea’s so-called … [Read more...] about OpenSea is on a new quest to ban copymints, armed with AI, Twitter threads, and Discord chats