Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Elon Musk declines offer to sit on Twitter’s board

Published

on

Elon Musk, who recently purchased a large stake in Twitter, has declined to join the social media company’s board

Billionaire Elon Musk who recently bought a large stake in Twitter has decided not to join the social media company’s board.

It was expected that Musk, who is the CEO is Tesla, would join the board of the social media app after becoming the largest shareholder.

The chief executive of Twitter revealed the news in a tweet stating that he will always value input from shareholders whether they are on our Board or not.

This photograph taken on October 26, 2020 shows the logo of US social network Twitter displayed on the screen of a smartphone and a tablet in Toulouse, southern France. (Photo by Lionel BONAVENTURE / AFP)

Twitter initially planned to have Elon Musk sit on the board for a term that would end in 2024

Elon Musk recently acquired a massive 9 percent stake in Twitter, essentially making him the largest shareholder of the social media giant.

If Musk agreed to join the board, he would also be agreeing to a condition that he does not acquire more than 14.9 percent of shares in the company.

Stocks in Twitter surged during the announcement that Musk had purchased a large percentage of the company.

Continue Reading

Leaders

AI and data sovereignty set to lead business innovations in 2025

Published

on

As businesses embrace cutting-edge tech, challenges like data sovereignty and AI are taking centre stage.

 

Over the past six months, the AI industry has seen significant advancements, with competing models such as Meta’s Luma and Google’s Gemini entering the market.

However, these developments come with a reality check. Building large language models (LLMs) requires substantial computing power and time, making immediate returns on investment unlikely.

One promising innovation is agentic AI, a step beyond generative AI, which enables proactive, automated solutions.

For instance, this technology could stabilise IT systems autonomously, diagnosing and resolving issues without human intervention.

Data sovereignty has also emerged as a key focus, with increasing emphasis on keeping data within national borders to comply with local laws. This has driven the adoption of sovereign clouds and private data centres, ensuring secure and localised data processing for AI development.

Deepak Ajmani, Vice President of ANZ & APAC Emerging Markets at Confluent, joins to discuss the evolving business landscape.

Continue Reading

Shows

Copilot redefines the modern workday

Published

on

Unlocking efficiency and customer success with AI-powered tools

The Tech Edge is a captivating business IT talk show delving into the latest industry trends and their significance in today’s landscape.

In this episode, Mike delves into the transformative power of Microsoft 365 Co-Pilot with Laura Morales, Customer Success Manager at AvePoint.

Continue Reading

Shows

Organisations overcome challenges in AI implementation

Published

on

Key lessons and tips for seamless Copilot adoption

In this episode, Kate Faarland, the Senior Vice President of Data and AI Programs at AvePoint, discusses the importance of AvePoint’s data and AI program, internal challenges with implementing CoPilot, and the organisation’s learnings from rolling out CoPilot for their workforce.

Continue Reading

Trending Now