The heads of the world’s leading social media companies testified before the Senate Judiciary Committee on Wednesday, facing a combative, angry group of lawmakers whose patience with the risks to young people posed by the platforms appeared to have run out. Here are some of the highlights. Fiery rhetoric from senators Texas Republican Sen. Ted […]
Tag: CEOs
Zuckerberg’s apology and other key moments from an explosive Senate hearing with CEOs of TikTok, Meta, X and Snapchat
The heads of the world’s leading social media companies testified before the Senate Judiciary Committee on Wednesday, facing a combative, angry group of lawmakers whose patience with the risks to young people posed by the platforms appeared to have run out. Here are some of the highlights. Fiery rhetoric from Senators Sen. Ted Cruz, R-Texas, […]
Big Tech CEOs are headed to DC to face the Senate over child safety online
Congress is set to grill leaders from Meta, X, TikTok, and other tech companies in a hearing Wednesday. The session will cover efforts to protect children from sexual exploitation online. This will be X CEO Linda Yaccarino’s first time testifying before Congress. Tech leaders are arriving in Washington, DC, voluntarily or not, to answer for […]
Tech CEOs face congressional hearing on child safety on social media
For Tammy Rodriguez, online safety for kids is literally a matter of life and death. Her 11-year-old daughter, Selena, died by suicide after an extreme social media addiction led to sexual exploitation by online predators. “I had no idea that it could get to that. I would have never let her have it in the […]
S&P 500: 11 Major CEOs Are Older Than Biden And Trump — And It’s Not Pretty
Investors’ attention in 2024 is already swinging to the upcoming U.S. election — and the 81-year-old Joe Biden and 77-year-old Donald Trump. But the debate of older leadership is already something the markets and S&P 500 deal with. X CEOs of 11 S&P 1500 companies, including Berkshire Hathaway’s (BRKB) Warren Buffett (93), Tootsie Roll’s (TR) […]
Bank CEOs, huddled in private in Davos, worry about competition, economy
By Stefania Spezzati and Megan Davies DAVOS (Reuters) – Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said. At the meeting in Davos, attended by dozens of CEOs […]
Generative AI is miracle technology for profit-hungry CEOs: PwC survey
Step aside, CFOs: New generative AI technology stands to supplant you as your CEO’s best friend. This in part reflects how the latest crop of powerful tech can unlock major impact to worker productivity and corporate financials, according to a new study of CEOs by consultancy PwC. The survey was released ahead of an AI-themed […]
CEOs will finally admit next year that return-to-office mandates didn’t move the productivity needle, future of work experts predict
Happy holidays, remote workers. In software firm Scoop’s 2024 Flex Report, which includes flexible work predictions from an array of industry experts, one idea bubbled to prominence: CEOs might finally give up the effort on making mandated in-office days happen. “By the end of 2024, executives will be forced to admit their RTO mandates did […]