An interview with Marcos Galperin, the CEO of MercadoLibre, which has a $105B market cap, on deciding to resign, MercadoLibre's rivalry with Amazon, and more
Bloomberg : LinkedIn: Brad Stone and Patrick Gillespie LinkedIn: Brad Stone : Is there anyone more directly responsible for the economic transformation of Latin America than Marcos Galperin, founder ...
Filing: Satya Nadella's total pay for fiscal 2025 rose nearly 22% YoY from $79.1M to $96.5M, including $84.2M in stock awards; MSFT is up ~23% so far in 2025
he got a 22% pay raise mirroring the $4 trillion tech giant's skyrocketing shares Cale Hunt / Windows Central : $96.5 million for Nadella | Microsoft's CEO receives record pay in a year that saw 15,00...
Sources: Jack Ma has returned to Alibaba's campuses after vanishing from the public eye during China's 2020 tech crackdown, influencing Alibaba's pivot to AI
Bloomberg :
Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State
Ryan Weeks / Bloomberg : LinkedIn: Anders Melin and Ryan Weeks Forums: r/Buttcoin and Slashdot LinkedIn: Anders Melin : Much has been written about Forest City, the troubled moonshot $100 billion dev...
Recent grads and PhDs are being recruited by AI companies like Handshake to provide specialized training data in fields like music and law for $30-$160 per hour
it's training AI models. … Catherine Emanuel : I was interviewed by Emma Haidar at Bloomberg News recently about my participation in and motivations for joining the Handshake MOVE Fellowship, working ...
Dell says COO Jeff Clarke will now oversee its Client Solutions Group, which includes desktop and notebook PCs; Dell's consumer PC revenue fell 19% in Q1
Bloomberg :
In her first note to staff, OpenAI's incoming CEO of Applications Fidji Simo lays out an optimistic vision for how AI will change the world
Ever since researchers began noticing a slowdown … Viktor Eriksson / PCWorld : ChatGPT interactions have more than doubled in just 6 months The Economic Times : Fidji Simo to head OpenAI's apps divisi...
Source: Microsoft plans to lay off ~9,000 employees, or less than 4% of its workforce, across teams and role types, after cutting ~6,000 in May and 300+ in June
read Phil Spencer's note to staff Bloomberg : Microsoft Cuts 9,000 Workers in Second Wave of Major Layoffs IGN : Microsoft Makes Significant Layoffs Across Gaming Division, Xbox Boss Phil Spencer Conf...
Sources: Meta has poached Jack Rae, a principal researcher at Google DeepMind, for its “superintelligence” team, and an ML lead from AI voice startup Sesame AI
Bloomberg :
A profile of OpenAI's CEO of Applications Fidji Simo, who is tasked with broadening ChatGPT amid a straining Microsoft relationship and a battle with Elon Musk
Bloomberg :