This CEO replaced 90% of support staff with an AI chatbot
The chief executive of an Indian startup laid off 90% of his support staff after the firm built a chatbot powered by artificial intelligence that he says can handle customer queries much faster than his employees.
2023-07-12 20:59
India CEO criticised for picking AI bot over human staff
Suumit Shah, founder of an e-commerce website, said that his firm had laid off 90% of its support staff.
2023-07-12 13:28
Trump-tied SPAC Digital World names Swider as permanent CEO
Digital World Acquisition has named Eric Swider as CEO, handing the interim boss reins of the blank-check company
2023-07-12 00:15
Mercedes to extend CEO Kaellenius' contract - source
BERLIN (Reuters) -Mercedes-Benz wants to extend Chief Executive Ola Kaellenius' contract, a source with knowledge of the matter told Reuters
2023-07-06 20:28
Volkswagen's Audi to replace CEO Duesmann with Gernot Doellner
FRANKFURT Volkswagen's Audi division will replace current CEO Markus Duesmann on Sept. 1, with Volkswagen strategy chief Gernot
2023-06-29 22:21
Sri Lanka: Five-day bank holiday for domestic debt restructuring
There are fears the government's plan could lead to volatility in financial markets.
2023-06-29 13:16
LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound
Bernard Arnault, chairman and CEO of LVMH, has reportedly arrived in China for his first visit to the country since the end of its strict Covid restrictions, after his company posted a jump in sales driven by a rapid rebound in China's luxury spending.
2023-06-28 14:54
Bank of America CEO: Inflation could hit Fed's 2% target by 2025
US inflation could hit the Federal Reserve's 2% target in 2025, Bank of America CEO Brian Moynihan told CNN in an exclusive interview Tuesday.
2023-06-27 23:58
UBS to announce changes to next management level soon - CEO
ZURICH (Reuters) -UBS will announce further changes to its management as it seeks to integrate Credit Suisse following the recent
2023-06-27 16:25
Renault CEO says free float of future electric unit will be less than 10%
PARIS A sizeable chunk of Renault's planned electric vehicle spinoff could remain in free float on the stock
2023-06-27 15:29
AutoZone's long-time CEO Rhodes to step down next year
AutoZone Inc CEO Bill Rhodes will step down in January next year after leading the company for more
2023-06-27 06:23
Activist investor Elliott seeks ouster of NRG CEO - WSJ
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez,
2023-06-22 08:23