Airbnb named long-tenured Amazon finance executive Dave Stephenson its chief financial officer Monday, ending a 10-month search. Mr. Stephenson, who oversaw the finances of Amazon’s worldwide consumer business, is expected to lead Airbnb’s potential public offering, which the company has said would likely be by 2020. Airbnb’s CFO position has been vacant since February, when Laurence Tosi stepped...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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