Business News
Paramount Is Cutting Thousands of Jobs This Fall Following Skydance Merger
Paramount's new leaders said they hoped to realize more than $2 billion in cost savings following the merger with Skydance.
Sherin Shibu | Page 7
News Reporter
at Entrepreneur
Entrepreneur Staff
Sherin Shibu is a business news reporter at Entrepreneur.com. She previously worked for PCMag, Business Insider, The Messenger, and ZDNET as a reporter and copyeditor. Her areas of coverage encompass tech, business, strategy, finance, and even space. She is a Columbia University graduate.
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Business News
Microsoft AI CEO Warns That ‘Dangerous’ and ‘Seemingly Conscious’ AI Models Could Arrive in the Next 2 Years: ‘Deserves Our Immediate Attention’
Microsoft AI CEO Mustafa Suleyman, 41, said that seemingly conscious AI could cause people to become disconnected from reality.
Business News
Coinbase’s CEO Fired Software Engineers Who Didn’t Adopt AI Tools: ‘We’re Leaning as Hard as We Can Into AI’
Software engineers at Coinbase were asked to explain to the CEO directly why they weren't using AI coding tools (on a Saturday). If they didn't have a good reason, they were fired.
Business News
These Are the Highest-Paying Jobs for Older Adults (With the Least Physical Labor), According to a New Report
A new report from career resources platform Resume Genius found jobs with the highest representation of older adults — and the highest pay.
Business News
A Big 4 Firm Is Cutting Back on Entry-Level Hiring, According to a Leaked Slideshow
PwC's acceptance rate is already notoriously low, hovering around 5% for internships and 2.5% for full-time roles.
Business News
Google Reportedly Told Its Staff to Use AI More or Risk Falling Behind: ‘It Seems Like a No-Brainer’
Google says it isn't factoring AI use into performance reviews (yet), but the tech giant is encouraging employees to utilize the technology.
Business News
Should High School Students Still Learn to Code? ‘Absolutely,’ Says OpenAI Engineer
OpenAI researcher Szymon Sidor said that reports telling students not to learn to code are total "misinformation."
Business News
Target’s Soon-to-Be New CEO Started as an Intern at the Company. Here’s His 3-Part Turnaround Plan to ‘Get Back to Profitable Growth.’
Michael Fiddelke joined Target in 2003 as an intern and has climbed the ranks to become CEO.
Business News
Nearly 95% of Companies Saw Zero Return on In-House AI Investments, According to a New MIT Study: ‘Little to No Measurable Impact’
The companies that are succeeding with in-house AI, however, have seen revenue jump from zero to $20 million in a year.
Business News
Do You Have a Store on Walmart or Amazon? You Can Now List Your Products on Best Buy, Too, Next to the TVs.
Best Buy is launching a third-party marketplace to increase its online shopping variety.
Business News
‘One of the Dumbest Things I’ve Ever Heard’: Here’s Why Companies Shouldn’t Replace Entry-Level Workers With AI, According to the CEO of Amazon Web Services
Amazon Web Services CEO Matt Garman urged companies to keep hiring and training junior staff members.
Business News
OpenAI CEO Sam Altman Thinks We’re in an AI Bubble Because Investors Are ‘Overexcited’ About Artificial Intelligence
Altman compared the AI bubble to "the tech bubble" or the dot-com crash.
Business News
A Ex-Google AI Pioneer Says Getting a Ph.D. in Artificial Intelligence Is No Longer Worth It. Here’s Why.
Jad Tarifi, who founded Google's first generative AI team and has a Ph.D. from the University of Florida, wouldn't recommend starting a program now.
Business News
Major Companies Including Google and McKinsey Are Bringing Back In-Person Job Interviews to Combat AI Cheating
Recruiters say potential hires are reading out answers from AI instead of thinking of their own during interviews.
Business News
Here Are the Exact Salaries AT&T Pays Employees, From AI Engineers to Product Managers
The filings revealed that AT&T's compensation is competitive, with software engineers and principal software engineers earning $167,098 to $207,425.
Business News
James Dyson Was $1 Million in Debt, But He Pursued His ‘Mad’ Idea Anyway — Now He’s a Billionaire: ‘I Don’t Mind Living on the Edge’
It took James Dyson five years of work and 5,127 failed prototypes to create the world's first bagless vacuum cleaner.
Business News
Warren Buffett Made 95% of His Wealth After Age 65. Here’s How Much His Net Worth Has Grown Past Retirement Age.
Buffett has served as CEO of Berkshire Hathaway since 1970, marking over five decades of leadership at the company.
Business News
The ‘Godfather of AI’ Says Artificial Intelligence Needs Programming With ‘Maternal Instincts’ or Humans Could End Up Being ‘Controlled’
Geoffrey Hinton, known as the "Godfather of AI," gave the keynote address at the Ai4 conference in Las Vegas on Tuesday.
Business News
‘No Shoes and No Pants Culture’: There Are at Least 26 Tech Companies Where Shoes Are Left at the Office Door, Including a $9.9 Billion AI Startup
The front entrance of Cursor's San Francisco office is full of employees' shoes.
Business News
’62-Year-Old Doesn’t Want to Go Retrain’: OpenAI CEO Sam Altman Says Older Workers Need to Embrace AI — or Face Losing Their Jobs
Sam Altman, the CEO of ChatGPT-maker OpenAI, says that young people are the best-positioned to adjust to changes brought about by new technology.
Business News
A 133-Year-Old Photography Company Is Warning That It Could Shutter Operations
Eastman Kodak started over a century ago and rose to prominence in the mid-20th century with its portable cameras — but digital cameras disrupted its hold on the market.
Business News
Sweetgreen Is Cutting Staff — and a ‘Loved’ Menu Item. Here’s How the Salad Chain Plans to Turn Things Around After Posting Disappointing Earnings.
Sweetgreen's CEO announced that big changes are coming to the salad chain on an earnings call this week.
Business News
Mark Zuckerberg Reportedly Made One Person a $1.5 Billion Job Offer — and Was Rejected. Here’s How Google, Microsoft, and OpenAI Are Competing with Meta in the AI Talent Wars.
New Meta hires have accepted compensation packages worth hundreds of millions of dollars.
Business News
Universal Pictures Just Added an Anti-AI Legal Warning to the End of Its Movies, Including ‘How to Train Your Dragon’
The warning prohibits companies from training AI on Universal Pictures movies.
Business News
Airbnb CEO Brian Chesky Says Customer Service Is the Company’s ‘Hardest Problem.’ Here’s How They’re Using AI to Fix It.
Airbnb CEO Brian Chesky stated in an earnings call that the company is applying AI to reduce customer service interactions by 15%.
Business News
Microsoft Is Reportedly About to Crack Down on Remote Work
Microsoft employees at its headquarters in Redmond, Washington, may soon be mandated back to the office, according to new reports.
Business News
‘We Don’t Believe in Work-Life Balance’: A Newly Acquired Startup Just Offered Its 200-Person Team a Choice — Work Weekends or Take a Buyout
The buyout amounts to nine months of pay.
Business News
AI Contractors at Meta Could See Users’ Personal Data, Including Selfies
Multiple contractors reported that they could view details, including phone numbers, email addresses, and hobbies.
Business News
How Did a Hacker Sneak Past Cisco’s Defenses Using Just a Voice? Here’s What to Know About the Data Breach.
The breach exposed customers' personal data, like addresses and phone numbers.
Business News
Is AI Stealing Jobs From Young Workers? Goldman Sachs Data Reveals Unemployment Trends
AI has led to an increase in unemployment for 20- to 30-year-old tech workers, according to Goldman Sachs.
