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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

techcrunch.com Aisha Malik 2025-07-21 20:10:33

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz; Rich Paul, CEO and founder of Klutch Sports Group; and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

techcrunch.com Aisha Malik 2025-07-22 01:10:33

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

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Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

cnbc.com Annie Palmer 2025-07-26 17:27:49

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025. Jeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund. Tom Taylor, who previously ran Amazon's Alexa voice assistant division, will serve as the new president and CEO of the Bezos Earth Fund, the former tech executive wrote in a LinkedIn post on Tuesday. Taylor announced his retirement from Amazon in 2022 after roughly 23

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Tim Cook’s run as Apple CEO could be much longer than you think

9to5mac.com Ryan Christoffel 2025-07-27 21:04:25

How long will Tim Cook stay Apple’s CEO? The question has come up often, but a new report indicates any big leadership transition is likely a lot farther off than you might expect. No internal signs of Cook preparing to retire or find successor, per Bloomberg Last week Apple announced that long-time COO Jeff Williams was leaving. Williams is the latest in a string of high-profile leaders transitioning out of the company in recent years, which often leads to speculation about CEO Tim Cook. Bu

Topics: apple ceo cook likely years

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We Just Got a Major Clue About Why Twitter's CEO Suddenly Left This Week

futurism.com Unknown 2025-07-30 11:16:33

We still don't know why Linda Yaccarino stepped down as CEO of X on Tuesday. Her sudden abdication came off the back of a legendarily horrific freakout by the AI Grok, which saw the chatbot make a series of egregiously racist statements, claiming to be "MechaHitler" and praising Nazis over the course of a chaotic day. But if Yaccarino was fed up with what was going on at the company, she didn't show it. Her announcement was cheery, and her boss Elon Musk gave a curt thanks for her two years of

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Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO

cnbc.com Chris Eudaily 2025-08-01 04:27:21

X Corp's CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Ex-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she briefly lost the blue checkmark next to her account name. The X Help Center notes that the site "may remove the checkmark of an account at any time without notice." Yaccarino announced she was leaving the position on Wednesday. The blue che

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Indeed and Glassdoor are cutting more than 1,000 jobs

engadget.com Unknown 2025-08-01 21:01:28

Job-hunting platforms Indeed and Glassdoor are cutting their workforce, and it may be thanks to good old artificial intelligence. About 1,300 jobs from the companies will be eliminated, mostly in two departments: research and development, and people and sustainability. There will also be some executive shuffles, including the exit of Glassdoor CEO Christian Sutherland-Wong. Both services are owned by Japan-based Recruit Holdings Co. and its President and CEO Hisayuki "Deko" Idekoba announced th

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Linda Yaccarino loses verified X checkmark after stepping down as CEO

cnbc.com Chris Eudaily 2025-08-02 01:27:56

X Corp's CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Ex-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she's lost the blue checkmark next to her account name. The X Help Center notes that the site "may remove the checkmark of an account at any time without notice." Yaccarino announced she was leaving the position on Wednesday. The blue checkmark

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Linda Yaccarino Tried to Tame X. Now She’s Out as CEO

wired.com Caroline Haskins 2025-08-04 17:09:47

Linda Yaccarino, who has served as CEO of X since Elon Musk appointed her to the role in June 2023, announced Wednesday that she is stepping down. Her departure comes less than four months after Musk announced that X would be absorbed into xAI, the billionaire’s existing artificial intelligence startup. In a post on X, Yaccarino thanked Musk for “entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App.” Under her l

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Photos show Altman, Iger and Cook arrive at 'summer camp for billionaires' in Sun Valley

cnbc.com Chris Eudaily 2025-08-04 21:43:03

Top executives from tech, media and finance gathered in Sun Valley, Idaho, for Allen & Co.'s annual conference this week, an event that is often referred to as "summer camp for billionaires." Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were all pictured entering the lodge. Wednesday's agenda includes interviews with Amazon CEO Andy Jassy, Treasury Secretary Scott Bessent and IAC Chairman Barry Diller, sources told CNBC's Julia Boorstin. When he

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Linda Yaccarino steps down as CEO of Elon Musk's X

cnbc.com Ashley Capoot 2025-08-05 01:59:26

Linda Yaccarino, CEO, X/Twitter speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. Linda Yaccarino on Wednesday announced she is stepping down as CEO of Elon Musk's social media site X after two years in the role. Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments on Tuesday and referenced Hitler in response to posts about the Texas flo

Topics: ceo company media musk yaccarino

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X CEO Linda Yaccarino is stepping down after two years

theverge.com Jay Peters 2025-08-05 01:56:05

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Linda Yaccarino is stepping down as CEO of X after two years running the company, she announced today. She was appointed its CEO in the year after Elon Musk bought and renamed the company previously known as Twitter — so far, there is no word on who will replace her. “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to car

Topics: ceo company said twitter yaccarino

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Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

cnbc.com Arjun Kharpal 2025-08-05 19:54:26

CEO of Supermicro Charles Liang speaks during the Reuters NEXT conference in New York City, U.S., December 10, 2024. PARIS — Super Micro plans to increase its investment in Europe, including ramping up manufacturing of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired on Wednesday. The company sells servers which are packed with Nvidia chips and are key for training and implementing huge AI models. It has manufacturing facilities in the Netherlands, but could

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Tim Cook has a new deputy but Apple’s next CEO is probably still someone else

9to5mac.com Zac Hall 2025-08-05 20:16:56

Jeff Williams, often considered Tim Cook’s successor, is leaving Apple. Sabih Khan, a 30-year veteran of the company, is Apple’s next chief operating officer. Does Khan taking Cook’s old job make him CEO-designate? Jeff Williams retiring certainly clears the path for Khan to climb up the succession planning ladder. However, I would wager that Apple’s CEO succession plan isn’t changing. Jeff Williams retires and Sabih Khan steps up Jeff Williams, who has been called Tim Cook’s Tim Cook, has alw

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Elon Musk lashes out at Tesla bull Dan Ives over board proposals: 'Shut up'

cnbc.com Lora Kolodny 2025-08-06 07:35:24

Elon Musk, chief executive officer of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris, June 16, 2023. Tesla CEO Elon Musk told Wedbush Securities' Dan Ives to "Shut up" on Tuesday after the analyst offered three recommendations to the electric vehicle company's board in a post on X. Ives has been one of the most bullish Tesla observers on Wall Street. With a $500 price target on the stock, he has the highest projection of any analy

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CEOs Say AI Is Poised to Wipe Out an Astonishing Number of Jobs

futurism.com Unknown 2025-08-10 01:15:05

Billionaire tech moguls aren't the only ones doomsaying about artificial intelligence layoffs. CEOs across a range of industries are now jumping on the bandwagon, saying it's no longer a matter of "if," but "how many" jobs AI will take. A recent survey by the Wall Street Journal explored just how pervasive the automation idea is throughout a number of industries, and execs aren't pulling any punches. For example, CEO of Ford Motor Company Jim Farley recently predicted that AI "is going to repl

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Ilya Sutskever will lead Safe Superintelligence following his CEO’s exit

techcrunch.com Maxwell Zeff 2025-08-13 13:29:07

OpenAI co-founder Ilya Sutskever says he is stepping into the CEO role at Safe Superintelligence, the AI startup he launched in 2024. In a post on X, Sutskever confirmed Thursday that Daniel Gross, the startup’s co-founder and CEO, departed the company as of June 29. Safe Superintelligence co-founder Daniel Levy is becoming president of the startup, according to Sutskever. The announcement follows weeks of reporting that Meta CEO Mark Zuckerberg was in advanced talks to hire Gross, as well as h

Topics: ceo safe startup superintelligence sutskever

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Meta restructures its AI unit under ‘Superintelligence Labs’

techcrunch.com Rebecca Bellan 2025-08-20 13:56:25

In Brief Meta CEO Mark Zuckerberg is restructuring the company’s AI efforts to center around building AI “superintelligence.” Going forward, all teams working on AI at Meta will fall under a new group called Meta Superintelligence Labs, according to Bloomberg, which viewed an internal memo sent Monday. Alexandr Wang, the former CEO of data labeling startup Scale AI, will lead the group as chief AI officer. He’ll partner with former GitHub CEO Nat Friedman, who will oversee Meta’s AI products

Topics: ai ceo group meta zuckerberg

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CEOs Are Quietly Telling Us the Truth: AI Is Replacing You

gizmodo.com Luc Olinga 2025-08-21 13:52:36

The fear is real. In meetings, Slack chats, and after-work drinks, one question is quietly eating away at millions of employees: Will AI take my job? In public, CEOs like to sound reassuring. They say generative AI will “enhance productivity” or “streamline operations.” But when you actually read what they’re telling their own employees, or what slips out in investor memos, the message is chilling: virtual workers are here, and they’re not just assistants. They’re replacements. Let’s take a cl

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Salesforce CEO says 50% of company work is now done by AI

techspot.com Rob Thubron 2025-08-23 09:42:00

What just happened? Not every company is slowing down its rush to go all-in on AI – Salesforce certainly isn't. According to CEO Marc Benioff, up to 50% of work being done at the software giant is now performed by AI. Benioff had plenty of praise for the technology, but said little about how it will impact those it puts out of work. Speaking in an interview on Bloomberg's The Circuit with Emily Chang, Benioff said "All of us have to get our head around this idea that AI could do things, that be

Topics: ai benioff ceo said work

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AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says

cnbc.com Samantha Subin 2025-08-24 21:46:51

Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff. "All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do higher-value work," he said in an interview with Bloomberg, noting that the technology currently account

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AI is doing 30%-50% of the work at Salesforce, CEO Marc Benioff says

cnbc.com Samantha Subin 2025-08-25 13:57:38

Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff. "All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do higher value work," he said in an interview with Bloomberg's Emily Chang, noting that the technology cur

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Meta’s recruiting blitz claims three OpenAI researchers

techcrunch.com Connie Loizos 2025-08-26 00:50:12

In Brief In the fight for top AI talent, Meta just reportedly snagged a win, poaching three OpenAI researchers despite rival Sam Altman’s public mockery of Mark Zuckerberg’s lavish hiring tactics. The latest victory in Zuckerberg’s widely-reported recruiting blitz: Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai – who established OpenAI’s Zurich office – have joined Meta’s superintelligence team, the WSJ reports, suggesting Zuckerberg’s methods can deliver. As Altman, the CEO of OpenAI, f

Topics: ai altman ceo openai zuckerberg

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Perplexity's AI-powered browser opens up to select Windows users

engadget.com Unknown 2025-09-01 19:06:29

Perplexity is planning to open up its Comet browser that's powered by "agentic search" to Windows users, according to the company's CEO. Aravind Srinivas posted on X that the Windows build of Comet is ready and has sent out invites to early testers already. Perplexity's CEO also hinted at a potential release for Android devices, adding that it was "moving at a crazy pace and moving ahead of schedule." In May, Perplexity launched a beta version of its AI-powered Comet browser, only available to

Topics: browser ceo comet perplexity srinivas

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Character.AI taps Meta’s former VP of business products as CEO

techcrunch.com Maxwell Zeff 2025-09-02 21:20:06

Character.AI, the Google-backed AI chatbot provider with tens of millions of monthly active users, announced on Friday that Karandeep Anand, the former VP of Business Products at Meta, is joining the company as CEO. Previously a board adviser to Character.AI, Anand is stepping into the CEO role at a pivotal moment for the chatbot provider, as the company tries to simultaneously grow its platform while combatting child safety concerns. In recent months, Character.AI has added an array of new saf

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TechCrunch Disrupt 2025: The Builders Stage agenda is now live and taking shape

techcrunch.com Techcrunch Events 2025-09-05 17:45:00

Startups don’t build themselves. The Builders Stage at TechCrunch Disrupt 2025, taking place October 27–29 at San Francisco’s Moscone West, is where investors, operators, and founders come to talk tactics — the nitty-gritty of getting something off the ground and making it work. This year, we’re bringing some of the sharpest minds in the game to the stage, including legendary investor Elad Gil, former Twitter CEO Dick Costolo, and Flexport founder Ryan Petersen. If you’re looking for real-world

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Sam Altman says Meta tried and failed to poach OpenAI’s talent with $100M offers

techcrunch.com Maxwell Zeff 2025-09-09 01:31:28

Meta CEO Mark Zuckerberg has been on something of a hiring spree lately, trying to staff up Meta’s new superintelligence team with top-tier AI researchers from competing labs. To work on a team led by former Scale AI CEO Alexandr Wang and at a desk physically near Zuckerberg, Meta has reportedly offered employees from OpenAI and Google DeepMind compensation packages worth upwards of $100 million. OpenAI CEO Sam Altman confirmed those reports on a podcast with his brother, Jack Altman, which was

Topics: ai altman ceo meta openai

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Amazon CEO says it will cut jobs due to AI’s ‘efficiency’

theverge.com Emma Roth 2025-09-09 09:52:28

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Amazon CEO Andy Jassy says advancements in AI will “reduce” the company’s corporate headcount over the next few years. In a memo to employees on Tuesday, Jassy writes that Amazon expects the change due to “efficiency gains from using AI extensively across the company,” without specifying how many employees would be affected. “As we roll out more Ge

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Sam Altman Says "Significant Fraction" of Earth's Total Electricity Should Go to Running AI

futurism.com Unknown 2025-09-12 16:07:03

During a recent public appearance, OpenAI CEO Sam Altman admitted that he wants a large chunk of the world's power grid to help him run artificial intelligence models. As Laptop Mag flagged, he dropped that bomb dropped during AMD's AI conference last week after Lisa Su, the CEO of the hosting firm who counts Altman as a client and friend, mentioned ChatGPT's recent outages. Though OpenAI hasn't revealed the exact causes of its massive June outage, there's a good chance it had to do with runni

Topics: ai altman ceo energy power

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Embracer CEO Lars Wingefors will step down as CEO; deputy Phil Rogers will take his place

venturebeat.com Dean Takahashi 2025-09-12 11:55:00

Embracer CEO Lars Wingefors is stepping down as CEO while his deputy CEO Phil Rogers will take over the top job in August. Wingefors spun his Swedish game holding company out of Nordic Games Group in 2016, and he renamed it Embracer Group in 2019. Wingefors was a controversial leader in the game industry, as he built up Embracer Group to more than 100 game studios, only to fall victim in the post-pandemic slowdown. As growth slowed, Wingefors had to lay off a lot of people, sell off studios or

Topics: ceo embracer game group wingefors

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Latest Tech News

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

Tim Cook’s run as Apple CEO could be much longer than you think

We Just Got a Major Clue About Why Twitter's CEO Suddenly Left This Week

Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO

Indeed and Glassdoor are cutting more than 1,000 jobs

Linda Yaccarino loses verified X checkmark after stepping down as CEO

Linda Yaccarino Tried to Tame X. Now She’s Out as CEO

Photos show Altman, Iger and Cook arrive at 'summer camp for billionaires' in Sun Valley

Linda Yaccarino steps down as CEO of Elon Musk's X

X CEO Linda Yaccarino is stepping down after two years

Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

Tim Cook has a new deputy but Apple’s next CEO is probably still someone else

Elon Musk lashes out at Tesla bull Dan Ives over board proposals: 'Shut up'

CEOs Say AI Is Poised to Wipe Out an Astonishing Number of Jobs

Ilya Sutskever will lead Safe Superintelligence following his CEO’s exit

Meta restructures its AI unit under ‘Superintelligence Labs’

CEOs Are Quietly Telling Us the Truth: AI Is Replacing You

Salesforce CEO says 50% of company work is now done by AI

AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says

AI is doing 30%-50% of the work at Salesforce, CEO Marc Benioff says

Meta’s recruiting blitz claims three OpenAI researchers

Perplexity's AI-powered browser opens up to select Windows users

Character.AI taps Meta’s former VP of business products as CEO

TechCrunch Disrupt 2025: The Builders Stage agenda is now live and taking shape

Sam Altman says Meta tried and failed to poach OpenAI’s talent with $100M offers

Amazon CEO says it will cut jobs due to AI’s ‘efficiency’

Sam Altman Says "Significant Fraction" of Earth's Total Electricity Should Go to Running AI

Embracer CEO Lars Wingefors will step down as CEO; deputy Phil Rogers will take his place

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