GameStop shares tumble after CEO says store network will shrink
By Suzanne McGee and Priyanka G (Reuters) - Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends
X CEO Linda Yaccarino loses top lieutenant Joe Benarroch
By Disha Mishra in Bengaluru (Reuters) - X Corp. Chief Executive Officer Linda Yaccarino's head of business operations, Joe Benarroch, is leaving the company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Benarroch held significant sway as
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
By Akash Sriram and Noel Randewich (Reuters) - Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A shares of the social media company, a regulatory filing showed on Friday. Those shares were equivalent to 61.5% of the share class,
Paramount replaces CEO with trio as it talks merger with Skydance
By Lisa Richwine LOS ANGELES (Reuters) - Paramount Global replaced CEO Bob Bakish with atrio of executives, the company announced on Monday in the middle of talks with David Ellison's Skydance Media about a possible merger. The owner of the Paramount+ streaming
Apple CEO says looking into possibility of building manufacturing facility in Indonesia
By Stefanno Sulaiman and Ananda Teresia JAKARTA (Reuters) - Apple Inc will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo. Apple CEO Tim Cook arrived in Jakarta on Tuesday,
Foxconn considers rotating CEOs in management reshuffle
By Yimou Lee TAIPEI (Reuters) - Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed to nurture future talent, three sources briefed on the matter told Reuters. For companies around the
Ginni Rometty: the first woman CEO of IBM
Ginni Rometty, an American business leader, made history as the first female CEO of IBM. Her journey with the company began in 1981 when she joined as a systems engineer, eventually ascending to roles overseeing global sales, marketing, and strategy. During her
Nvidia CEO says AI could pass human tests in five years
By Stephen Nellis PALO ALTO, California - (Reuters) - Nvidia Chief Executive Jensen Huang on Friday said that artificial general intelligence could - by some definitions - arrive in as little as five years. Huang, who heads the world's leading maker of
Intuitive Machines shares descend fast after the CEO says the moon lander is on its side
By Akash Sriram, Harshita Mary Varghese and Joey Roulette (Reuters) - Shares of moon lander maker Intuitive Machines tumbled 30% in extended trade, wiping out a Friday rally after the company said its spacecraft had tipped over shortly after touching down