Amazon.com Inc. has named Matt Garman the new chief executive officer of its Amazon Web Services Inc. cloud division. Amazon CEO Andy Jassy announced the leadership change in a memo to employees ...

Garman is a nearly 18-year veteran of Amazon, spending the entire time working on AWS. In an interview with Nilay Patel on the Decoder podcast last fall, Selipsky emphasized his feeling that ...

Sony is appointing co-CEOs Hermen Hulst and Hideaki Nishino to lead its PlayStation business from June 1st. Hermen Hulst, who currently serves as PlayStation studios chief, will be appointed as ...

The careers site Indeed will lay off about 1,000 employees, or 8% of its workforce. In a memo, CEO Chris Hyams said the company is profitable, but not set up for sustainable growth. He said the ...

Ola’s founder-CEO Bhavish Aggarwal recently had a meltdown after LinkedIn removed his post that refers to gender-neutral pronouns like ‘they/them’ as an “illness”. Bhavish quite ...

Eric Schmidt, former CEO of Google, said in an interview that Google’s mission is to organize the world’s information, not to provide blue links. Schmidt’s pragmatic statements seem to ...

A new report from Bloomberg today gives an in-depth look at who could replace Tim Cook as Apple’s CEO, who has held the title since 2011 and turns 64 this year. While the report says there’s ...

For Hollywood, 2023 was an annus horribilis. But you wouldn’t have guessed that by looking at the pay stubs of many bigwigs in the biz. Last year, first writers and then actors went on strike ...

For Hollywood, 2023 was an annus horribilis. But you wouldn’t have guessed that by looking at the pay stubs of many bigwigs in the biz. Last year, first writers and then actors went on strike ...

New-generation turbofans powering Airbus A320neo-family jets and Boeing’s 737 Max are simply not as durable as the engines they replace. That is according to AerCap chief executive Aengus Kelly ...

The leadership change and restructuring measures have resonated positively with investors, with Siemens Energy shares surging by 13% following the announcement. Credit: NestorMN via Shutterstock. The ...