Snowflake CEO Frank Slootman stepping down — and Wall St hates it

February 28, 2024

Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged over 24% in after hours trading on the news. Slootman will retreat into the role of chairman of the board, while Sridhar […]

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Leaked documents show Techstars lost $7 million in 2023 but still had plenty of cash

February 28, 2024

Cuts to Techstars’ staff and its decision to shutter certain accelerators came after it missed its 2023 revenue goals, according to documents outlining its preliminary 2023 results viewed by TechCrunch. Techstars also lost millions of dollars more by year’s end (in adjusted EBITA) than it had anticipated it would, additional documents that discussed mid-year performance […]

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Tim Cook says Apple will ‘break new ground’ in GenAI this year

February 28, 2024

Apple CEO Tim Cook is promising that Apple will “break new ground” on GenAI this year. Cook made the pronouncement during the company’s annual shareholders meeting today, which came in the same week the company reportedly scuttled its multibillion-dollar, decade-long plan to build an EV. Some of the staff on the EV project were reassigned […]

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Roundtables: An Inside Look at the 10 Breakthrough Technologies 2024

February 28, 2024
Recorded on January 16, 2024 SKIP TO 2:00 FOR START OF SESSION An Inside Look at the 10 Breakthrough Technologies 2024 Speakers: Amy Nordrum, Executive editor of operations, Rachel Courtland, Commissioning editor, and Abby Ivory-Ganja, Senior engagement editor Every year for the past 20+ years, MIT Technology Review has selected a list of the breakthrough…

How to Transition to Different Industry Sectors in Your Client Base

February 28, 2024
Most entrepreneurs start out with a limited customer base in mind, a particular slice of a specific market. But if and when you feel ready to expand your reach to a wider audience, should you? Can you? Here, a business owner in the midst of transition shares insights on sector expansion.