One CEO explains why she values her union workforce

Strategy CEO Phong Le says Q1 software growth and AI work support the company’s Bitcoin treasury model.

Strategy's Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency's maximum supply, Le said.

Sometimes, companies pick CEOs based on carefully laid succession plans designed to maximize investor confidence and future performance. Other times, apparently, companies pick CEOs based on a bunch of video calls while the current CEO is texting the former CEO about who the new CEO even is. Such was the story of The Blip, the days in 2024 when Sam Altman was ousted from OpenAI. We knew that situation was chaotic; the ongoing Musk v. Altman trial is showing just how chaotic it really was. Verge subscribers, don't forget you get exclusive access to ad-free Vergecast wherever you get your podcasts. Head here. Not a subscriber? You can sign … Read the full story at The Verge.

The week leading up to Thanksgiving 2023 was the AI industry's biggest soap opera moment. OpenAI CEO Sam Altman was abruptly ousted from his role at the ChatGPT-maker. The explanation? That Altman was "not consistently candid in his communications with the board." Now, via witness testimony and trial exhibits in Musk v. Altman, the public is getting a concrete look behind the scenes of that dramatic weekend for the first time, much of it centered on former CTO Mira Murati. It was a unique situation in that the rollercoaster of a power play - which seemed to change every hour - took place, in many ways, publicly. The board's strikingly vague … Read the full story at The Verge.

"We are going to be saying goodbye to the swipe," CEO Whitney Wolfe Herd said.

Everyone is adopting AI coding tools. Engineers are writing code faster than ever. But are organizations actually delivering value faster? That’s not obvious. I wrote Enabling Microservice Success with a big focus on engineering enablement, guardrails, automated testing, active ownership, and light touch governance. I didn’t know AI coding agents were coming, but it turns […]

Christophe Fouquet, who became ASML's CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.

Company reports earnings on Wednesday and its spat with Donald Trump is sure to come up