Intel CEO Pat Gelsinger Steps Down After Three Years, Citing Retirement
Intel CEO Pat Gelsinger retires after a three-year tenure, citing a challenging year and necessary decisions to position the company for current market dynamics.
Business
Intel CEO Pat Gelsinger Steps Down, Interim Co-CEOs Named
Intel announces surprise departure of CEO Pat Gelsinger, appoints David Zinsner and Michelle Johnston Holthaus as interim Co-CEOs, effective December 1.
Intel's Ex-CEO Pat Gelsinger to Receive Up to $10.18 Million in Severance Pay
Intel's former CEO Pat Gelsinger is set to receive a significant severance package, including a payment equal to 18 months of his base salary and a pro-rata bonus, totaling up to $10.18 million.
Meta to Build $10 Billion Global Subsea Cable, Avoiding Geopolitical Hotspots
Meta plans to invest $10 billion in a 40,000+ km subsea cable network, avoiding areas of geopolitical tension, to prioritize traffic to its own products and services.
Nigerian Finance Professionals Stuck in Low-Paying Jobs Despite Dissatisfaction
A recent report reveals that 56% of finance professionals in Nigeria are dissatisfied with their jobs, citing low pay and stagnant salaries despite years of experience.
Nigeria's GDP Sees 3.46% Growth in Q3 2024, Driven by Transport and Financial Sectors
Nigeria's GDP grows by 3.46% in Q3 2024, driven by strong performances in transport and financial sectors, despite challenges in unemployment, inflation, and oil prices.
Pricing Controversy Hits Port Harcourt Refinery, Independent Marketers Refuse to Buy at High Price
The newly rehabilitated Port Harcourt refinery in Nigeria faces pricing controversy, as independent marketers refuse to buy petrol at a high price, echoing the same issue with Dangote's refinery.
Samsung Chief Jay Y. Lee Faces 5-Year Prison Sentence in Appeals Court
South Korean prosecutors seek 5-year prison sentence and $375,000 fine for Samsung Electronics Chief Jay Y. Lee in appeals court over stock price manipulation and accounting fraud charges
Samsung Chief Jay Y. Lee Faces 5-Year Prison Sentence in Appeals Court
South Korean prosecutors seek 5-year prison sentence and $375,000 fine for Samsung Electronics Chief Jay Y. Lee in appeals court over alleged stock price manipulation and accounting fraud.