Esusu debuts on CNBC's Disruptor 50 — watch CEO Abbey Wemimo on Worldwide Exchange
Abbey Wemimo, Esusu CEO, joins CNBC's Julia Boorstin on Worldwide Exchange as Esusu makes its debut on CNBC's Disruptor 50 list, spotlighting fintech innovation in credit-building for renters.
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22 minutes ago
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Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC has confirmed. Meta is finalizing a $14 billion investment into artificial intelligence startup Scale AI, CNBC reported earlier this week. Wang will help lead a new AI research lab at Meta and will be joined by some of his colleagues. The New York Times was first to report about the new AI lab. Bloomberg first reported that Droege was picked to be the new CEO. CNBC confirmed Scale AI's plans with a person familiar with the matter who asked not to be named because of confidentiality. Scale AI and Droege didn't respond to CNBC's requests for comment. Droege joined Scale AI in August of 2024, according to his LinkedIn profile. Prior to his role at the startup, he served as a venture partner at Benchmark and a vice president at Uber. Founded in 2016, Scale AI has achieved a high profile in the industry by helping major tech companies like OpenAI, Google and Microsoft prepare data they use to train cutting-edge AI models. Meta has been pouring billions of dollars into AI, but CEO Mark Zuckerberg has been frustrated with its progress. Zuckerberg will be counting on Wang to better execute Meta's AI ambitions following the tepid reception of the company's latest Llama AI models. Meta will take a 49% stake in Scale AI with its investment, The Information reported.
Yahoo
34 minutes ago
- Yahoo
New to The Street Launches Arrive AI TV Commercials Across its Full Media Ecosystem
The campaign will air nationally on CNBC, FOX Business, Bloomberg, and inside NTTS's weekly investor-focused television broadcasts-along with distribution across New to The Street's 2.6M YouTube subscriber channel. NEW YORK CITY, NY / / June 12, 2025 / New to The Street, a leading multi-platform financial media brand, proudly announces the launch of a new national commercial campaign for its featured client, Arrive AI (NASDAQ:ARAI). The high-impact TV commercial will be distributed across major financial news networks including CNBC, FOX Business, and Bloomberg, and will be fully integrated into New to The Street's weekly syndicated TV series reaching more than 220 million U.S. homes. View commercial now: The spot will also air across New to The Street's powerful digital network-including its YouTube channel with over 2.6 million subscribers, one of the largest financial video audiences in the world. The campaign shines a spotlight on Arrive AI's patented autonomous delivery platform, emphasizing its smart mailbox technology, U.S. patent portfolio, and its game-changing use cases in healthcare, e-commerce, and temperature-sensitive logistics. It's a critical moment of visibility for the company as it accelerates commercialization and expands across new sectors. "Arrive AI is one of the most compelling companies we've ever featured," said Vince Caruso, Creator and Host of New to The Street. "This TV campaign will bring their message to millions of investors, partners, and consumers across all our channels-network TV, outdoor, digital, and our 2.6M-strong YouTube community. We're proud to help tell their story at scale." The commercial will be seen: Inside New to The Street's nationally broadcast segments on FOX Business and Bloomberg On CNBC through targeted prime-time media placements Digitally across New to The Street's YouTube Channel (2.6M+ subscribers) Programmatically distributed across OTT platforms and digital pre-roll Through Accel Media's iconic outdoor billboard network including Times Square and NYC Financial District The full-scale media rollout is expected to support upcoming milestones for Arrive AI, including new strategic partnerships, vertical expansion, and additional product announcements. About Arrive AI (NASDAQ:ARAI):Arrive AI is building the future of smart logistics with its patented Arrive Points™-AI-powered mailboxes designed to securely manage both autonomous and traditional package deliveries. With eight issued patents and a growing presence in healthcare, e-commerce, and industrial delivery, Arrive AI is revolutionizing last-mile fulfillment infrastructure. About New to The Street:New to The Street is a nationally televised business show that features public and private companies, airing as sponsored programming on FOX Business, Bloomberg, and CNBC. It also operates one of the largest financial YouTube channels in the U.S. with over 2.6 million subscribers, supported by robust earned media, digital distribution, and outdoor advertising in Times Square and the NYC Financial District. Media Contact:Monica BrennanPR, New to The StreetMonica@ Investor Contact:Dan O'Toole, CEO, Arrive AIir@ SOURCE: New To The Street View the original press release on ACCESS Newswire Connectez-vous pour accéder à votre portefeuille
Yahoo
37 minutes ago
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Google buyouts are being offered to employees on search and other teams as shift to AI ramps up
Google is offering buyouts to certain employees in the United States and requiring more workers to return to offices as it continues to shift toward AI. RIP to the almost future of computing: Apple just turned the iPad into a Mac Starbucks just developed an ingenious way to add 15 grams of protein to almost any drink Why Third Amendment memes are suddenly taking over social media The 'voluntary exit program,' as Google calls it, is being offered to employees on the communications, core, knowledge and information (which includes search, ads, and commerce), marketing, and research teams, Google confirmed with Fast Company on Wednesday. The buyouts would see Google provide employees with a pay and benefits package in exchange for their exit. 'Earlier this year, some of our teams introduced a voluntary exit program with severance for US-based Googlers, and several more are now offering the program to support our important work ahead,' Google spokesperson Courtenay Mencini said in a statement. 'A number of teams are also asking remote employees who live near an office to return to a hybrid work schedule in order to bring folks more together in-person.' The exact details of this deal are to follow, according to a memo reportedly sent by Jen Fitzpatrick, senior vice president of core systems. CNBC reports that mid- to senior-level employees in the Peoples Operations unit received up to 14 weeks of their salary plus another week for every completed year on the job during a previous buyout in February. CNBC and Business Insider reported on the memo on Tuesday. Fitzpatrick reportedly stated that AI is 'reshaping everything—our products, our tools, the way we work, how we work, how we innovate and so on.' She continued, 'To meet this transformational moment, we need everyone to show up with an unparalleled sense of energy and enthusiasm for Core's mission, connecting and collaborating at speed so that we can tackle all of the ambitious work we need to do.' Meeting the moment also means being willing to commute up to 50 miles to the office three times a week. In the same memo, Google reportedly announced that all employees within that distance of an 'approved return site' must come in 60% of the time. Taking the stance that workers must show face to perform well, Google reportedly stated, 'We want to ensure Core Googlers are fully committed to being here and actively contributing. These programs will help us be even more focused on our mission and will enable us to operate with greater velocity, efficiency and collaboration.' Meanwhile, Fitzpatrick reportedly noted that the buyouts are for employees 'who aren't feeling excited about and aligned with Core's mission and goals, or those who are having difficulty meeting the demands of their role.' In other words, if you feel behind at work, quitting might be the best option. Though the buyouts are voluntary, they could spell layoffs for those teams. In January, Google offered buyouts to employees in its platforms and devices division, only to lay off hundreds of workers in the unit a few months later. Google also laid off about 12,000 employees in January 2023 and has done multiple rounds of layoffs since. This post originally appeared at to get the Fast Company newsletter: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
