The city of San Jose just released details on its negotiation with Google to buy a swathes of land to build a mega-campus just 15 miles south of its headquarters.
Read more: Google could buy more than 0 million of land for mega-campus 15 miles south of its HQ
Thomas Kurian, who was named the new head of Google’s cloud on Friday, is facing an instant culture clash when he starts at the internet company. Google and Oracle, where he spent 22 years, are embroiled in a bitter legal dispute.
Read more: Google’s new cloud chief has a culture clash ahead of him after 22 years at Oracle
Jim Cramer tells investors to steer clear of Nvidia’s stock as it hovers near its 52-week lows.
Read more: Cramer: Don’t buy shares of Nvidia—the chipmaker is in the penalty box for now
PG&E, the parent company of the Pacific Gas & Electric utility unit, is expected to become a major player in the early warning camera expansion, CNBC has learned.
Read more: California hopes to get the jump on fires by expanding its high-tech early warning camera system
Channing Dungey, the president of ABC Entertainment, has resigned.
Read more: ABC Entertainment president steps down
BOSTON—On October 29 and 30, Harvard Business School marked the tenth anniversary of the financial crisis that rocked the US and world economies in 2008 with a two-day conference that brought together in Klarman Hall, the School’s new convening center, an extraordinary lineup of experts, many of whom had played key roles in the events that unfolded a decade ago, including former US Treasury Secretary Henry “Hank” Paulson (MBA 1970); Tim Geithner, then president of the Federal Reserve Bank of New York and Paulson’s successor at Treasury; and Harvard University professor Lawrence Summers, who served as Director of the National Economic Council from 2009 to 2010.
Read more: Harvard Business School Conference Marks 10th Anniversary of 2008 Global Financial Crisis
“The magic of this whole equation is data,” said Karen Mills, a senior fellow at Harvard Business School and former head of the U.S. Small Business Administration during the Obama years. “They have much better knowledge of when the small business really needs the money, everything they sell goes through their payment software, and they have more collateral.”
Read more: PayPal and Square quietly grow small business lending using data as their edge over banks
The multi-year deal involves the New York-based film and TV studio producing multiple films for Apple.
Read more: Apple signs deal with Oscar-winning production company to make original movies
Chipmaker Nvidia saw its stock drop after reporting worse-than-expected third-quarter revenue and fourth-quarter revenue guidance on Thursday.
Read more: Chipmaker Nvidia plunges after missing on revenue and guidance
Microsoft still updates its own open-source software for artificial intelligence. But now it’s focusing more on improving Facebook’s more popular software.
Read more: Microsoft allies with Facebook on A.I. software