- Dell Technologies Inc names Yvonne McGill, longtime company insider as its next finance chief. McGill has served as corporate controller since February 2020, responsible for accounting, tax, treasury and investor relations. She will be succeeding Tom Sweet, who took on the role in 2014.
- Walmart Inc CEO Doug McMillon plans to stay in the role for at least three more years. McMillon who has held the job since 2014 aims to stay in the role for more than a decade, extending the timeline for the company to find its next leader.
- Apple Inc has blocked the update of ChatGPT-Powered app. Apple delayed the approval of an email-app update with AI-powered language tools citing concerns that it could generate inappropriate content for children, according to communications Apple sent to the app maker. The software developer disagrees with Apple's decision.
- Crypto firms cut ties with Silvergate Capital Corp on Thursday. Companies cut ties with one of the top
digital-currency market's banks after it announced on Wednesday
that it was at risk of being "less than well-capitalized" and
was evaluating its ability to continue doing business.
- Norfolk Southern Corp and other freight
railroads agree to join Federal close call reporting system that
allows employees to confidentially report close calls.
Transportation Secretary Pete Buttigieg on Monday asked the
chief executives of the seven Class 1 railroads to join the
Federal Railroad Administration's close-call reporting system.
- Volkswagen AG's Xinjiang has stopped
production of cars amid human rights concerns. Ralf
Brandstätter, the company's China chief, traveled to the site in
mid-February to try to allay concerns, and this week said he saw
no human-rights violations.
(Compiled by Bengaluru newsroom)
