Mustafa Suleyman Photographer: Hollie Adams/Bloomberg By Dina Bass Microsoft Corp.’s Mikhail Parakhin, head of the company’s Bing search engine and advertising businesses, will exit those roles and look for a new position, a week after the software giant named Mustafa Suleyman to oversee consumer artificial intelligence work and asked Parakhin to report to him. … Continue reading Microsoft Bing chief to exit role after Mustafa Suleyman named AI leader | World News
Tag: Exit
Boeing CEO Dave Calhoun to step down this year, board chairman to exit | World News
Shares rose more than 2% before the market open. Photo: Bloomberg Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers. Board Chair Larry Kellner has also told the company he doesn’t plan… Continue reading Boeing CEO Dave Calhoun to step down this year, board chairman to exit | World News
Exit from Flipkart brings windfall for Tiger Global, Binny Bansal & Accel
Walmart, the world’s largest retailer, has paid $1.4 billion to buy out US-based Tiger Global’s investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart’s valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan’s SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny… Continue reading Exit from Flipkart brings windfall for Tiger Global, Binny Bansal & Accel