CEOs
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Supplier hack leaks UBS data – including CEO’s phone number
A hack of Chain IQ has led to the leak of data on 130,000 employees of many companies, notably banking giant UBS – including its CEO. Procurement service provider and UBS spin-off Chain IQ was reportedly attacked last week as part of a wider spate of hacks by ransomware group Worldleaks that targeted 20 companies, with 1.9 million files leaked.…
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CEOs and CISOs at odds over the benefits of generative AI
While CEOs are gung-ho about the use of AI, CISOs are far more cautious, with nearly half having a negative attitude about generative AI rollouts. According to a survey from NTT Data, there’s a big misalignment between C-suite leaders when it comes to business goals and operational readiness for generative AI deployment. Virtually all – 99% – of C-suite executives…
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CEOs think workers are becoming hostile to AI tools, but they’re pushing ahead with adoption anyway
Nearly half of CEOs believe their employees are becoming openly hostile to AI tools, but it’s not slowing down adoption rates. That’s according to a survey by tech services company Kyndryl, which polled 1,000 executives to unpick how ready workforces were for the arrival of AI. One of the key findings was that 45% of CEOs think that most of…
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CEOs want AI in everything, but software engineers are pushing back – extensive application upgrades are a becoming a huge ‘paint point’ for teams
Software engineers are becoming exasperated at having to embed AI capabilities in applications, according to research from Gartner – a problem the firm says isn’t likely to go away. More than three-quarters (77%) of senior software engineers said demands to integrate AI within existing applications are a “significant or moderate pain point”. Key factors behind this sharpened focus on AI…
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Tech CEOs are using AI to replace themselves
Tech company CEOs aren’t just making their companies AI-first: this week, they’re using AI avatars to replace themselves in earnings calls. Buy-now-pay-later company Klarna featured the AI version of CEO and co-founder Sebastian Siemiatkowski in an 83-second video about its Q1 2025 results, as reported by TechCrunch. The video’s description says that his “AI avatar” is presenting the results, and…
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Tech CEOs warn Senate: Outdated US power grid threatens AI ambitions
The implications are clear: without dramatic improvements to the US energy infrastructure, the nation’s AI ambitions could be significantly constrained by simple physical limitations – the inability to power the massive computing clusters necessary for advanced AI development and deployment. Streamlining permitting processes The tech executives have offered specific recommendations to address these challenges, with several focusing on the need…
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Best Buy and Target CEOs say prices are about to go up because of tariffs
Target and Best Buy say Trump’s tariffs on Mexico, Canada, and China could raise prices in their stores as soon as this week. During an interview with CNBC, Target CEO Brian Cornell said consumers will “likely see prices increase over the next couple of days,” while Best Buy CEO Corie Barry similarly told investors that more expensive prices are “highly…
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Fake BianLian ransom notes mailed to US CEOs in postal mail scam
Scammers are impersonating the BianLian ransomware gang in fake ransom notes sent to US companies via snail mail through the United States Postal Service. The fake ransom notes were first reported by Guidepoint Security today, with BleepingComputer later being sent a scan of the note from a CEO who received the same letter. The envelopes for these ransom notes claim to…
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“We are really moving into a world now of managing humans and agents together”: Marc Benioff thinks today’s CEOs will be the last to have a fully human workforce – and he’s not the only big tech exec predicting the rise of a new AI workforce
Salesforce CEO Marc Benioff thinks current chief executives will be among the last to oversee an all-human workforce as the use of AI agents becomes more widespread. Benioff’s prediction came during a conversation with Axios at the World Economic Forum in Davos, Switzerland in January, where he referred to AI agents as “digital labor” capable of handling roles previously reserved…
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OpenAI’s Project Stargate sparks reactions from Microsoft, Meta CEOs
“All I know is I’m good for my $80 billion.” Rarely does a one-liner so perfectly capture the state of the moment. Here, you have Microsoft CEO Satya Nadella saying he’s “not in the details” about Stargate, the supposedly multi-hundred-billion AI infrastructure project driven by his marquee investment, OpenAI. Nadella not being read in on the nebulous details of Stargate…
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