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Ton Roosendaal to step down as Blender chairman and CEO

Ton Roosendaal is to stop down as chairman and Blender CEO on 1 January 2026. The news was announced during today’s keynote at the annual Blender Conference. Roosendaal – the original author of the open-source 3D software, and its public figurehead for the past three decades – will pass on his roles to current Blender COO Francesco Siddi. Roosendaal himself will move to the newly established Blender Foundation supervisory board. Other new Blender Foundation board positions will also include

CEOs Are Obsessed With AI, But Their Pushes to Use It Keep Ending in Disaster

There may be nobody else on Earth more excited about AI than CEOs. Driven by a compulsion to cut overhead costs — and avoid the wrath of similarly AI-fixated shareholders — executive teams across the US can’t wait to force AI onto their workforces, consequences be damned. Corporate executives have become giddy at the thought of automating their workforces, boasting about supposed productivity gains as they lay off human workers, who now face one of the worst job markets in recent history. Even

Opendoor board chair Rabois says company is 'bloated,' needs to cut 85% of workforce

Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a "bloated" workforce have been a drag on the company's culture, as he vowed to slash headcount. "There's 1,400 employees at Opendoor. I don't know what most of them do. We don't need more than 200 of them," Rabois told CNBC's "Squawk on the Street" on Friday. The online real estate platform on Wednesday appointed former Shopify executive Kaz Nejatian as its new CEO after investor pressure caused his predecessor

The Inventor of Ozempic Is Suddenly Sacking Huge Numbers of Employees

Image by Kristian Tuxen Ladegaard Berg / SOPA Images / LightRocket via Getty / Futurism Developments Novo Nordisk, the 102-year-old Danish drugmaker behind the blockbuster drugs Ozempic and Wegovy, is laying off thousands of workers as it seeks to recoup some of the revenue it's lost to competitors amid the GLP-1 boom. In a press release, the pharmaceutical giant announced that it would soon let go of 11 percent of its workforce, totaling about 9,000 of its 78,400 employees around the world. A

Opendoor stock closes 78% higher after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 78% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Opendoor stock soars 80% after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 80% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Opendoor stock soars 65% after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 65% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 36%

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Opendoor , the online real estate platform that's seen a surge of retail investor interest in recent months, said Wednesday that it's tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman. The stock was up 36% Thursday in premarket trading, and is now up more than fifteenfold since hitting its

Opendoor stock soars 60% after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 60% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 400% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Opendoor , the online real estate platform that's seen a surge of retail investor interest in recent months, said Wednesday that it's tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman. The stock popped 30% in extended trading, and is now up more than fifteenfold since hitting its record low

TechCrunch Disrupt 2025: Full agenda reveal for the brand-new Going Public Stage

We recently unveiled the Going Public Stage at TechCrunch Disrupt 2025 — a new destination for founders navigating the complexities of company building, from early traction to IPO and beyond. Today, we’re excited to announce new agenda additions that bring even more insight and firepower to the stage, shown only at the 20th anniversary celebration of TechCrunch. Joining the speaker lineup are Eric Yuan, founder and CEO of Zoom Communications Inc., and Santi Subotovsky, general partner at Emerge

Vimeo to be acquired by Bending Spoons for $1.38 billion

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. Posts from this author will be added to your daily email digest and your homepage feed. Vimeo is getting bought up by Bending Spoons, a European software company that has amassed a growing portfolio of businesses, including Evernote, WeTransfer, and Meetup. Bending Spoons will pay $1.38 billion to acquire the video hosting platform, and it expects

FTC commissioner questions status of Snap AI chatbot complaint: 'People deserve answers'

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of Justice earlier this year. In January, the FTC announced that it would refer a non-public complaint regarding allegations that Snap's My AI chatbot posed potential "risks and harms" to young users and said it would refer the suit to the DOJ "in the public interest." "We don't know what

At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

Yesterday, news broke that Apple CEO Tim Cook was one of many tech CEOs who had been invited for a “White House event on AI hosted by first lady Melania Trump.” Now, The Wall Street Journal has a few details of how the event went. Taking turns to praise Trump As reported by the WSJ, the list of tech CEOs at tonight’s dinner included OpenAI CEO Sam Altman, Meta CEO Mark Zuckerberg (who sat alongside Trump), Microsoft founder and ex-CEO Bill Gates, Alphabet CEO Sundar Pichai, and IBM CEO Arvind

Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House

Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House Musk's biggest competitors were invited to the White House — but he wasn't. President Donald Trump is throwing a major party in the White House's recently paved-over Rose Garden for some of the biggest names in tech — but billionaire Elon Musk's name isn't on the list. As The Hill first reported, the upcoming event will see high-profile tech executives swing by for a visit, including Microsoft co

Tim Cook expected back at the White House for Trump AI event

Where will Tim Cook be on the Thursday before the iPhone 17 event? Back at the White House, it seems. The Apple CEO gifted President Trump a big chunk of 24k gold with a piece of glass in August after announcing plans to make all iPhone glass in Kentucky. 29 days later, their next meeting will focus on AI, according to The Hill: President Trump on Thursday will host two dozen high-profile tech and business leaders for the first event in the newly renovated White House Rose Garden, including M

TechCrunch Disrupt 2025 finalizes the Builders Stage agenda with top scaling voices

Startups don’t build themselves, and the Builders Stage at TechCrunch Disrupt 2025 — taking place October 27–29 at San Francisco’s Moscone West — is where founders, operators, and investors get real about what it actually takes. This stage is all tactics, the nitty-gritty of turning an idea into a business that works. We’ve already announced heavy hitters like Elad Gil, Dick Costolo, and Ryan Petersen — and now the lineup is getting even bigger. New speakers, including Discord’s Jason Citron, a

OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive

Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. OpenAI continued its spending spree, announcing on Tuesday that it has acquired Statsig, a product development startup, for $1.1 billion. Statsig helps OpenAI and other companies test features and use real-time data in their operations. As part of the acquisition, Statsig CEO Vijaye Raji is joining OpenAI as technology chief in t

AI hires or human hustle? Inside the next frontier of startup operations at TechCrunch Disrupt 2025

What happens when your first 10 hires aren’t people at all? At TechCrunch Disrupt 2025, happening October 27–29 at San Francisco’s Moscone West, we’re digging into the new wave of startups replacing or augmenting early employees with AI agents. Think outbound sales, billing, and customer support — automated from day one. This panel, hosted on the Builders Stage, features a mix of technical founders and seasoned operators who are actually doing it, debating where the line between human and machi

Topics: 2025 agents ai build ceo

New dinosaur species is the punk rock version of an ankylosaur

Ankylosaurs, with their squat, armored bodies and bizarre, weaponized tails, are an iconic group of dinosaurs. While there were plenty of species present in the Cretaceous, they're thought to have origins that trace back to the Jurassic. It has been hard to say much about those origins, however, because the fossil evidence was so sparse. One of the earliest potential ankylosaur species, Spicomellus, was known from only a single partial rib; others are known only by jaw fragments or teeth. Now,

New Fossils Reveal Ankylosaur With Armor Unlike Any Other Animal, Living or Dead

Ankylosaurs were squat and thick four-legged dinosaurs with club tails and tough body armor. In other words, invincible Pokémon. A new fossil discovery, however, has revealed that the earliest ankylosaurs were several orders of magnitude more badass than their descendants. In a study published today in the journal Nature, researchers describe the partial skeleton of a Spicomellus, a genus of early ankylosaurs, unearthed in Morocco and dating to around 165 million years ago. The finding includes

AI comes for the job market, security, and prosperity: The Debrief

I was struck by her pessimism, which she told me was shared by friends from California to Georgia to New Hampshire. In an already fragile world, one increasingly beset by climate change and the breakdown of the international order, AI looms in the background, threatening young people’s ability to secure a prosperous future. It’s an understandable concern. Just a few days before our drive, OpenAI CEO Sam Altman was telling the US Federal Reserve’s board of governors that AI agents will leave ent

Topics: ai ceo going jobs told

CEO Demands Employees Start Using AI, Fires Anyone Who Doesn't

Almost three years since the release of OpenAI's explosively popular ChatGPT, it's clear that artificial intelligence isn't exactly taking the job market by storm. Sure, AI makes a convenient cover for business executives who were already looking to downsize or outsource their labor force, but the tech's myriad hallucination issues, legal risks, and security baggage make it ill-suited to automate human jobs. That's to say nothing of the fact that 95 percent of businesses gunning for an AI overh

NVIDIA releases the next generation of its cutting-edge 'robot brain'

NVIDIA CEO Jensen Huang is bullish on the future of robotics, and sees it as the chipmaker's biggest opportunity outside of AI. Today the company announced the next generation of its Jetson AGX system-on-module called Jetson Thor. The developer kit and T5000 production modules are computers designed for physical AI and robotics. The company has been iterating on these robot brains for a few years now , with each model more powerful than the last. The newest generation is powered by NVIDIA's Bla

How a Meta partnership with Midjourney could inject more AI into future products

Lester Mapp/ZDNET via Midjourney Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Meta is partnering with AI start-up Midjourney. It's the latest move in Meta's rapid transformation to keep up in the AI race. Midjourney will remain independent, according to its CEO. Meta is partnering with Midjourney as part of its ongoing effort to win the AI race. The collaboration will allow Meta to integrate Midjourney's "aesthetic technology" into future models and products

CEO pay and stock buybacks have soared at the 100 largest low-wage corporations

To speak with an expert, contact IPS Deputy Communications Director Olivia Alperstein at (202) 704-9011 or [email protected] . For recent press statements, visit our Press page . Introduction This 31st annual Institute for Policy Studies Executive Excess report takes an in-depth look at the 100 S&P 500 corporations with the lowest median worker pay, a group we have dubbed the “Low-Wage 100.” For each of these companies, we analyze CEO and worker pay trends since 2019. We also compare, for the

Topics: 100 ceo low pay wage

Silicon Valley Is Panicking About Zohran Mamdani. NYC's Tech Scene Is Not

In the weeks since Zohran Mamdani’s New York City Democratic primary win on June 20, a slew of tech executives who do not have a primary residence in the city or state of New York have been panicking about the prospect of him becoming mayor. Every member of the popular All-In podcast, including current White House “AI and crypto czar” David Sacks, has raised alarms on X about the prospect of a Mamdani mayoralty. “Wake up, Silicon Valley,” Sacks posted on June 29, sharing a video of Mamdani on

Silicon Valley Is Panicking About Zohran Mamdani. NYC’s Tech Scene Is Not

In the weeks since Zohran Mamdani’s New York City Democratic primary win on June 20, a slew of tech executives who do not have a primary residence in the city or state of New York have been panicking about the prospect of him becoming mayor. Every member of the popular All-In podcast, including current White House “AI and crypto czar” David Sacks, has raised alarms on X about the prospect of a Mamdani mayoralty. “Wake up, Silicon Valley,” Sacks posted on June 29, sharing a video of Mamdani on

Google CEO adds a new calendar feature at Stripe co-founder’s request

Talk about customer service. On Wednesday, Google CEO Sundar Pichai posted on X about Google Calendar’s new feature to duplicate events — an addition that was specifically requested by Stripe co-founder John Collison last month, also via an X post. On July 5, Collison asked if Google Calendar users could get a Ctrl-click option that would allow them to easily duplicate events, similar to the feature that many native calendar applications already have. Collison tagged Pichai in his post at the t

Lisa Su Runs AMD—and Is Out for Nvidia’s Blood

A piece of advice if you’re meeting with Lisa Su: Wear sneakers. Su, the leader of AMD, moves fast these days, though I suspect that’s always been the case. Her company's chips underpin the artificial intelligence that’s changing the world at breakneck speeds. To hear Su and literally everyone else in semiconductors talk about it, the US is in an AI race with China—and the rules keep changing. The Trump administration has once again shifted its stance on what kind of chips can and can’t be ship

Topics: amd ceo china chips su