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Broadcom records huge growth as CEO Hock Tan hails “successful integration” of VMware
Chip giant Broadcom has posted impressive Q4 and fiscal year results, citing strong VMware growth following an acquisition posed significant early challenges. Earnings for Broadcom’s full fiscal year saw revenue increase by 44% year-over-year to a record $51 billion. Infrastructure software revenue also grew to $21.5 billion, according to CEO Hock Tan. The firm has seen a positive reaction to…
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Recorded Future CEO applauds “undesirable” designation by Russia
Recorded Future, an American threat intelligence company, has become the first cybersecurity firm designated by the Russian government as an “undesirable” organization. The Russian authorities effectively banned all Recorded Future activity in the country by tagging the company “undesirable,” a label Russia introduced almost a decade ago to describe Western NGOs. Russia’s Prosecutor General’s Office said in a Wednesday press release that the company…
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On Arm PC return rates and CEO posturing
With her claim that retailers are seeing high returns of Arm PCs, Intel interim CEO Michelle Johnston Holthaus appears to be trying to scare buyers off the rival processor architecture. But enterprise buyers who look before they leap have little to fear. Speaking at Barclay’s annual technology conference late last week, Holthaus said “if you look at the return rate…
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Tim Cook is the latest tech CEO to meet with Trump at Mar-a-Lago
Apple CEO Tim Cook will meet with President-elect Donald Trump for dinner on Friday at his Mar-a-Lago resort in Florida, according to The New York Times. It’s reportedly Cook’s first time meeting with Trump since the election. During Trump’s first term, Cook established a direct relationship with the president that other tech CEOs have wanted to replicate. As Trump prepares…
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Apple CEO Tim Cook hails company’s “deep connection” with UK as figures show it’s invested £18 billion since 2019
Apple CEO Tim Cook has hailed the company’s “deep connection” with the UK as it continues its expansion efforts across the country. Cook’s comments follow the publication of figures by Apple showing it has doubled the size of its engineering workforce in the UK over the last five years. The tech giant has also invested more than £18 billion in…
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Node4 names Richard Moseley as new CEO
Node4 has announced the appointment of Richard Moseley as CEO as the digital transformation MSP looks to its next phase of growth. As part of the reshuffle, previous CEO and company founder Andy Gilbert moves into the role of president and board member. Moseley will work closely with Gilbert to complete an in-depth induction and handover before officially assuming the…
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Intel’s CEO, Pat Gelsinger, ‘retires’ — riiiiight – Computerworld
True, Gelsinger had unveiled plans for a $20 billion chipmaking facility in Ohio and expanded operations in Europe. Intel will also — maybe — benefit from billions in aid, thanks to the CHIPS Act to support America’s chip foundry construction. I say maybe because President-elect Donald J. Trump wants to kill CHIPS. He believes tariffs on foreign companies, such as Taiwan-based TSMC, will magically generate…
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What Arm’s CEO makes of the Intel debacle
Arm CEO Rene Haas has a unique, bird’s eye view of the tech industry. His company’s chip designs are in the majority of devices you use on a daily basis, from your smartphone to your car. The SoftBank-backed company he leads is worth almost $150 billion, which is now considerably more than Intel. With the news earlier this week that…
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Alteryx names Andy MacMillan as new CEO
Alteryx has announced the appointment of Andy MacMillan as its new chief executive officer as the enterprise analytics specialist looks to drive further growth. An experienced tech industry veteran, MacMillan arrives with more than 20 years’ leadership experience and most recently served as CEO of customer feedback firm UserTesting. Prior to that, he helped drive the transformation of Act-On Software’s…
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Suspect in UnitedHealthcare CEO shooting reportedly didn’t use a Citi Bike to escape
CNN is reporting that according to an unnamed source in law enforcement, the person who shot and killed UnitedHealthcare CEO Brian Thompson outside the Hilton hotel in midtown Manhattan fled on an e-bike, but not a Citi Bike, as NYPD Chief of Detectives Joe Kenney previously said during a press conference. Thompson had been scheduled to appear at the company’s…
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