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The Latest Breaking News from Ruth Porat

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

At the world’s most valuable company, lunch isn’t free—but a generous stock plan has been far more lucrative.

Fortune

Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs

How female finance chiefs rose to the top at the most consequential moment for AI spending.

Fortune

Google’s Ruth Porat: To unlock AI’s upside, rethink every process

"I think we are living in an extraordinary time," Porat said at the Fortune Global Forum.

Fortune

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Google President Ruth Porat: ‘We should be able to cure cancer in our lifetime’ with AI

Porat said it's great that "people are playing" with AI through chatbots, but we're living through a much bigger change than that.

Fortune

Google unveils another huge AI spending spree - tech giant is splashing out $9 billion in Oklahoma

Google will expand its first data center and build another in Oklahoma as part of a two-year, $9 billion deal.

TechRadar

Pope warns Davos summit that AI could worsen ‘crisis of truth’

Francis says global leaders must exercise close oversight of technology that raises ‘critical concerns’ about humanity’s future

The Guardian - UK

Starmer vows bonfire of red tape to get Britain building ahead of investment summit

Sir Keir Starmer is pledging to ‘rip out the bureaucracy that blocks investment’ and ensure regulators prioritise economic growth in their decision-making

The Independent UK

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Tesla's Focus On AI And Autonomy Is Certainly Catching Up To It

Sales are down. Supercharger deployments are down. Few new models are in sight. The CEO is focused on AI and robotaxis. Who takes the EV baton now?

InsideEVs

Google CFO Ruth Porat just did her last earnings call—and she had a message about the future of tech

Porat will pivot full-time to her role of chief investment officer at Alphabet and Google.

Fortune

Alphabet’s next CFO Anat Ashkenazi ‘fills a void’ for the company at key time during AI Revolution, says top analyst

Ashkenazi is a 23-year veteran of Eli Lilly and Company.

Fortune

Google and Alphabet’s new CFO is Eli Lilly’s Anat Ashkenazi

Ashkenazi will have the task of investing in the company’s next wave of growth in the AI era.

Fortune

Google To Invest Billion In Malaysia For Data Center

Google and Microsoft's investments in Malaysia's cloud infrastructure set to boost economy and job creation, with Google's billion data center and Cloud...

Top News

Google to invest $2 billion in Malaysian data center and cloud hub

Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country

The Independent UK

Why CFO turnover at public companies just hit a 3-year high

Part of the reason for the CFO shakeup is more finance chiefs ascending to the top spot.

Fortune

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Android Central

Google lays off more workers and fires protestors in tumultuous week

Google's persistent layoffs, which have been occurring on-and-off since January 2023, have hit at least three teams in the latest round of cuts.

TechRadar

Google cutting more jobs as it restructures teams as part of shift to AI

Layoffs and relocations are affecting more Google workers, and not for the first time this year.

International Business Times

30 Most Powerful Women In Business: The Titans Of Industry

Here are the women, who are forging paths and breaking barriers across industries, showcasing exceptional leadership and innovation.

Android Central

Alphabet's Q4 earnings soar, amid potential layoffs and strategic shifts

Alphabet just dropped its Q4 and fiscal year 2023 earnings report with the emphasis on advancements to AI

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Fortune

Microsoft gains $70 billion and Alphabet loses more than twice as much as Satya Nadella steals Sundar Pichai's thunder on AI

Microsoft's market value soared while Alphabet's tumbled after earnings on Tuesday told different stories about their cloud businesses and potential AI might.

Fortune

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

Fortune

There are now 63 female CFOs at Fortune Global 500 companies. Here’s the full list

Among the women on the list are two finance chiefs under the age of 40.

Fortune

Companies are coming up short when it comes to CFO succession

Several major companies have announced CFO transitions or departures, but still need to find a permanent successor.

Fortune

Google's CFO search: Ruth Porat is transitioning from finance chief to president and CIO

The company is focused on delivering sustainable value for the long term, Porat said.

Fortune

Alphabet's longest-serving CFO Ruth Porat promoted; stock surges over 6% on earnings beat

Porat will remain CFO while the company searches for and selects her successor.

TechRadar

Google is slashing its employee benefits - even laptops and staplers

Instead of layoffs, Google is trying to save money elsewhere, but at the risk of worker satisfaction.

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