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While Xero tries to get the CEO a new pay deal after its shares tanked, poor performers will be offered cash to leave
Underperforming staff at accounting software company Xero will be offered an immediate voluntary severance package instead of a performance improvement plan as the ASX-listed tech giant tries to keep pace with the AI revolution. Under an “Opt Out Program” revealed to Xero employees last month, workers who are not performing well will be given a…
He backed Tesla and SpaceX before anyone else — here is the ‘impossible’ bet Tim Draper is making now
Veteran venture capitalist weighs in on the AI bubble and four huge opportunities he missed.
The cleanup trap: Stop asking RAG to fix bad data
The enterprise technology ecosystem is caught in a costly cycle. Over the past two years, millions of dollars have been funneled into generative AI pilots, yet many of these initiatives stall out before ever reaching a live production environment. When a project fails, the immediate instinct of technical leadership is often to blame the model:…
Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
Shares of Chinese tech giants Alibaba and Baidu rose Thursday on their partnership with Apple for deploying their AI tools. Hong-Kong listed shares of Alibaba rose 5% after the company confirmed that its Qwen AI model would be integrated into Apple services in China. U.S.-listed shares of Alibaba had closed slightly higher overnight after an…
