Author: i2wtc

Slack CEO Denise Dresser during TechCrunch Disrupt in San Francisco, Oct. 29, 2024.David Paul Morris | Bloomberg | Getty ImagesOpenAI on Tuesday announced that it’s tapped Slack CEO Denise Dresser as its chief revenue officer. Dresser will oversee the artificial intelligence startup’s global revenue strategy across both customer success and enterprise, OpenAI said in a release. After spending more than a decade as an executive at Salesforce, Dresser was named Slack’s chief executive in 2023. Salesforce acquired the messaging company for more than $27 billion in 2020.”I’ve spent my career helping scale category-defining platforms, and I’m looking forward to bringing that…

Justin McLeod speaks during the Fast Company Innovation Festival 2025 on Sept. 18, 2025 in New York City.Eugene Gologursky | Getty ImagesHinge founder Justin McLeod is stepping down as CEO of the dating app to launch a dating service powered by artificial intelligence.McLeod will be replaced by Jackie Jantos, the dating app’s president and chief marketing officer, Hinge parent company Match Group announced on Tuesday. “The company’s momentum, including being on track to reach $1 billion in revenue by 2027, gives me full confidence in where Hinge is headed,” said McLeod in a statement. He created the dating app in…

Pakistan’s premier cricketers Babar Azam and Shaheen Shah Afridi have arrived in Australia ahead of the 15th edition of the Big Bash League, set to begin on December 14. Both players’ franchises confirmed their arrivals via social media, with Brisbane Heat and Sydney Sixers rolling out the welcome mat for two of the tournament’s most high-profile overseas signings. Shaheen, snapped up as the No.1 draft pick, was the first to land, touching down in Brisbane in the early hours of Tuesday. The Heat shared images of the left-arm quick at the airport with a short message: “The number one draft…

The American Federation of Teachers, the powerful labor union that represents 1.8 million members, is urging the Senate Banking Committee to reconsider its crypto market structure bill, the Responsible Financial Innovation Act, calling the proposed legislation “as irresponsible as it is reckless” in a letter exclusively obtained by CNBC. In the letter that AFT president Randi Weingarten sent to Senate Banking Committee Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-Mass.), she wrote the union opposes the bill based on the “profound risks to the pensions of working families and the overall stability of the economy.””The legislation on crypto…

The Election Commission has announced that local government elections in Islamabad will take place on February 15. Nomination papers will be submitted from December 22 to 27, the Election Commission announced. The verification of candidates’ nomination papers will take place from December 30 to January 3, the Election Commission added. Election symbols will be allotted to candidates on January 16. Deputy Commissioner Islamabad Irfan Nawaz Memon will serve as the District Returning Officer for the local government elections. Local government elections will be held across 125 union councils in Islamabad. The poll will be conducted in accordance with the Local…

Oracle CEOs Clay Magouyrk and Mike Sicilia sit down with CNBC’s David Faber on Oct. 13, 2025. CNBCIt’s been a rollercoaster year for Oracle investors, as they try to assess the strength of the software giant’s position in the artificial intelligence boom. The stock is up more than 30% for the year even after a 23% plunge in October, which was its worst month since 2001. It’s recovered a bit in November, climbing almost 10% for the month as of Tuesday. Heading into the company’s fiscal second-quarter earnings report on Wednesday, pressure is building on management — and newly installed…

President Donald Trump’s decision to let U.S. tech giant Nvidia sell more advanced semiconductors to China is getting pushback from some Republicans wary of giving Beijing an edge in the global race to AI dominance.The agreement, which Trump announced in a Truth Social post Monday evening, would allow Nvidia to sell its H200 artificial intelligence chips to China on the condition that the U.S. government gets 25% of the sales.The H200 chips aren’t Nvidia’s most advanced, but are more powerful than the company’s H20s, which were previously developed specifically for the China market.The White House, over the summer, gave approval…

Eli Lilly CEO David A. Ricks speaks at a press conference at Generation Park in Houston, Monday, Sept. 23, 2025. The company announced plans for a $6.5 billion biomanufacturing plant in north Houston. (Raquel Natalicchio/Houston Chronicle via Getty Images)Raquel Natalicchio | Houston Chronicle | Getty ImagesEli Lilly on Tuesday said it will spend $6 billion to build a manufacturing plant in Huntsville, Alabama, to help boost production of its closely watched experimental obesity pill and other drugs. It is the third facility in a string of new planned U.S. investments by the drugmaker. Eli Lilly announced in February that it would…

The Peshawar High Court (PHC) reserved its verdict on a number of petitions filed by prominent PTI figures – including Khyber Pakhtunkhwa Chief Minister Sohail Afridi, MNA Asad Qaiser, and former CM Ali Amin Gandapur – seeking protective bail and details of cases registered against them. The court approved the plea of Prosecutor General Islamabad, Ghulam Sarwar Nihung, to constitute a larger bench, sending all the applications to the chief justice of the PHC to be placed before the bench. The court also extended the petitioners’ bail. Read: PHC grants protective bail to K-P CM Sohail Afridi The case was…

Nvidia shares were not doing much on Tuesday as Wall Street failed to see the bigger picture of how the company can benefit from finally getting the green light from the U.S. government to sell its second-best chips in China. After Monday’s close, President Donald Trump said on social media that Nvidia will be allowed to ship H200 chips to “approved customers in China,” and the U.S. government would take a 25% cut. Trump said he informed Chinese President Xi Jinping , who “responded positively.” The post confirmed a media report earlier in the day that an announcement was coming.…