Executives

NEW DELHI: Six months since social media major Facebook rebranded itself to Meta, and announced plans to build a future where the internet will be made of many interconnected virtual spaces, top industry executives already seem to be starting to lose interest in the concept. The metaverse, which is build using blockchain, augmented reality and virtual reality technologies, among others, drew attention at first, but chief executives from top firms don’t see short-term value in it. A…

NEW DELHI : Six months since social media giant Facebook rebranded itself as Meta and announced plans to build a future where the internet will be made of many interconnected virtual spaces, top industry executives are already beginning to lose interest in the concept. The metaverse, which is built using blockchain, augmented reality and virtual reality technologies, among others, drew attention at first but chief executives from top firms don’t see short-term value in…

Twitter confirmed Thursday that two senior executives are heading for the exit and it has paused most hiring, as Elon Musk stands poised to become the global messaging platform's new owner.Kayvon Beykpour, a general manager who leads research, design and engineering at Twitter, is leaving along with head of products Bruce Falck, a Twitter spokesperson told AFP.Beykpour however said he was ousted from the San Francisco-based tech company."The truth is that this isn't how and when I imagined leaving Twitter, and this wasn't…

Twitter Inc. TWTR -2.47% Chief Executive Parag Agrawal said the company is pausing hiring and looking at ways to trim costs as he announced on Thursday the departure of two senior executives, according to an internal memo. The changes come weeks after the social-media platform agreed to be acquired by Elon Musk for $44 billion and are the latest example of a technology…

Efforts to shift the U.S. electrical grid off fossil fuels have major obstacles to overcome to meet the Biden administration’s decarbonization targets, let alone some companies’ more ambitious goals, executives said at an industry event this week. “If we have to decarbonize the entire economy by 2050, electricity has to go a hell of a lot faster,” said Miranda Ballentine, chief executive of the Clean Energy Buyers Association, during a panel discussion at a climate-change conference hosted by the nonprofit Aspen…

The current head of Johnson & Johnson’s consumer-health division will helm the business after J&J turns it into a stand-alone company. J&J said Wednesday it has named Thibaut Mongon as chief executive officer designate of the future consumer-health products company, which J&J plans to split off sometime in 2023. Mr. Mongon has more than 20 years of experience at J&J and has served as executive…