Why billionaire Dustin Moskovitz keeps buying up shares of his software company Asana

[ad_1] Dustin Moskovitz, Asana’s co-founder and CEO. Asana The typical playbook for a successful tech founder looks something like this. Start a company with full ownership. Sell off significant chunks to venture investors as the business progresses. Eventually become a minority owner. Take the company public. Sell more stock over time. Asana’s Dustin Moskovitz took … Read more

Amazon: Amazon commits to $15 billion India investment, CEO says – Times of India

[ad_1] Amazon.com Inc will invest an additional $15 billion in India, the company’s Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant’s total India investment across all businesses to $26 billion by 2030, he said. Modi and Jassy spoke about supporting Indian startups, … Read more

Tech layoffs ravage the teams that fight online misinformation and hate speech

[ad_1] Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Toward the end of 2022, engineers on Meta’s team combating misinformation were ready to debut a key fact-checking tool that had taken … Read more

Microsoft is sprinkling OpenAI everywhere to try and keep software makers interested in its platforms

[ad_1] Microsoft Chairman and CEO Satya Nadella speaks to attendees at Microsoft’s Build conference in Seattle on May 23, 2023. Dan DeLong | Microsoft If there’s one company that has popularized artificial intelligence in the past year, it’s the small but richly funded startup OpenAI, the entity behind viral chatbot ChatGPT. This week at its … Read more

Microsoft will not give employees salary raise this year: Report – Times of India

[ad_1] Microsoft Corp will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella.The tech giant did not immediately respond to a Reuters request for comment.“Last year, we made a significant investment in compensation driven by … Read more