Linda Yaccarino, president of advertising at NBCUniversal, might replace Elon Musk as CEO of Twitter, according to the WSJ’s sources. Linda Yaccarino, the chief of advertising at NBCUniversal, is in negotiations to lead Twitter, according to The Wall Street Journal, which cited persons familiar...

The majority of the nearly $226 million paid to Sundar Pichai by Alphabet, Google's parent company, came in the form of stock, which the firm valued at $218 million. Sundar Pichai, the CEO of Alphabet, the parent company of Google, received $225.98 million in 2022, based on the company's Securities...

According to Huawei’s announcement, the company has migrated to a new ERP system that is fully proprietary. A statement posted on the company's official WeChat account on Thursday reads that Huawei has finished replacing its outdated ERP system with a new one dubbed MetaERP. According to the...

Switzerland will restrict the amount of bonuses paid to senior Credit Suisse and UBS workers. According to a statement posted on the Federal Council website, Switzerland will reduce bonuses given to top Credit Suisse and UBS employees by 50% or even cancel them due to state assistance these banks...

U.S. Walmart, the largest retailer in the world, intends to cut more than 2,000 jobs, writes Bloomberg. According to the agency, which cited regulatory papers, "job cuts at five Walmart Inc. e-commerce centers in the U.S. will impact more than 2,000 positions." More than 1,000 employees at a...

According to a press release from Uniper, Michael Lewis, the previous CEO of E.ON's British division, will lead the German energy company. "In a special meeting, Uniper SE Supervisory Board agreed to name Michael Lewis as the company's new Chief Executive Officer (CEO). As soon as an effective date...

David Malpass, the president of the World Bank Group, told the board of executive directors that he plans to retire before the end of the fiscal year. "I've opted to take on new tasks after carefully considering my options and making substantial progress. I would like to thank our personnel and...

Walt Disney Co. announced a significant reorganization led by newly reinstated CEO Bob Iger. To save $5.5 billion and turn a profit on streaming services, the firm will lay off 7,000 workers. According to estimates, the announced reductions will affect 3.6% of Disney's overall staff. The planned...

A week after publishing a lower-than-anticipated sales projection due to a loss of market share and a decline in the personal computer market, U.S. giant Intel will reduce compensation for managers at various levels, according to Reuters’ sources. The source claims that the company's hourly...