Intel’s CEO suddenly retired


It’s been a quiet few news days as everyone seems to be poring over the deals from Black Friday to Cyber ​​Monday. But there’s always time for a shocking announcement: Pat Gelsinger is retiring after more than 40 years with the company and nearly four years at the helm of the chip maker. Effective December 1, Gelsinger left his position and his position on the board of directors. The board has created a search committee to “diligently and expeditiously” find a new CEO. Gelsinger oversaw Intel during a tumultuous time for the company. By the end of 2022, Intel laid off about 20 percent of its staff in some divisions. This year alone, the company announced it would lay off another 15,000 people, or 15 percent of its workforce, amid a $10 billion cost-cutting plan.

—Matt Smith

Receive it daily straight to your inbox. Subscribe right here!

The biggest tech stories you missed

Congresswoman Alexandria Ocasio-Cortez (AOC) became the first individual account with one million followers on Bluesky. The decentralized social network has seen multiple spikes in user numbers since Twitter’s transformation into X and the recent US election, with its user base tripling in just three months. AOC has been active on the platform long before its post-election surge, posting 437 times since joining the platform in April 2023.

Continue reading.

TMATMA

Tesla

Tesla is finally adding SiriusXM integration to its best-selling models. The long-requested feature is coming to the Model 3, Model Y and Cybertruck (the three most popular electric vehicles in the US) as part of Tesla’s Holiday 2024 update. After receiving the update, owners they will see SiriusXM in the media sources menu. You’ll need Tesla Premium Connectivity ($10 per month or $100 per year) or an active Wi-Fi connection to access it.

Continue reading.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *