Peter Leav is the new CEO of McAfee- Tempemail – Blog – 10 minute

San Francisco, Jan 17 (IANS) Cybersecurity company McAfee has announced Chris Young is stepping down as CEO of the company. The firm has named Peter Leav as the new CEO.
Leav will join the company and his appointment will be effective on February 3.
He previously served as president and CEO of BMC Software and Polycom, as well as executive vice president for NCR Corporation, CNN Business reported on Friday.
“I am delighted to be joining McAfee at this exciting time for the company and am looking forward to working with the team to pursue the significant growth opportunities ahead. McAfee is one of the largest, most important cybersecurity brands in the world, with a commitment to innovation and excellence,” Leav was quoted as saying in a statement.
Since its split from Intel in early 2017, McAfee has pivoted to Cloud services and worked to build out its platform with a focus on its enterprise product portfolio.
Intel bought McAfee in 2011 and rebranded as Intel Security in 2014.
A year later, Intel Security adjusted its strategy to refocus the business on endpoint security, as well as threat intelligence, analytics, and orchestration. McAfee was spun out from Intel through a deal with TPG Capital, which owns 51 per cent of McAfee, according to ZDNet.
Young initially joined Intel (INTC) in 2014 and led the initiative to turn the then Intel-owned McAfee into a standalone company, the CNN Business report added.

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The Guardian appoints neuroscientist Annette Thomas as CEO to innovate business model- Tempemail – Blog – 10 minute

Guardian Media Group (GMG) has shown some out-of-the-box thinking with the appointment of Annette Thomas, a neuroscientist and academic publisher, as its new chief executive.
She replaces David Pemsel, who announced his intention to depart last year after being appointed to run the Premier League. However, he quit before taking up the role after facing accusations about his personal conduct. Its chief customer officer Anna Bateson was then named interim chief executive.
However, Thomas will now lead its push for financial stability by leveraging her experience in scientific journal publishing. She has a PhD from Yale University in cell biology and neuroscience which, on paper, is an unconventional starting point for a media executive. She began her career editing scientific journals at Nature before leading specialist publisher Macmillan Science and Education and most recently spent two years at Clairvate Analytics.
The American has been living in the UK for the last 25 years and is particularly focused on “developing a financially sustainable future” now the group finally broke a profit.
Neil Berkett, chair of the GMG board, said: “Her track record is exceptional – she has consistently delivered sustainable growth through deep engagement with end-users, championing innovative new business models with more open access to content and data, and building diverse and inclusive management teams.”
Thomas said she was attracted by The Guardian brand’s “progressive perspective, global reach, and unique ownership structure with its values safeguarded by the Scott Trust are all significant strengths in these challenging times”.
She added that she was looking to develop new business models off the back of The Guardian’s “deep and loyal relationship with readers”.
“The need and appetite for trusted high-quality journalism, grounded in facts, has never been greater,” she said. “I’ve always admired the quality and breadth of the Guardian’s journalism, and I am looking forward to working with Katharine Viner and this exceptional team to develop a financially sustainable future built upon these values and principles.”
Thomas takes up the role in March 2020.

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The Guardian appoints neuroscientist Annette Thomas as CEO: ‘A champion of innovative business models’- Tempemail – Blog – 10 minute

Guardian Media Group (GMG) has shown some out-of-the-box thinking with the appointment of Annette Thomas, a neuroscientist and academic publisher, as its new chief executive.
She replaces David Pemsel, who announced his intention to depart last year after being appointed to run the Premier League. However, he quit before taking up the role after facing accusations about his personal conduct. Its chief customer officer Anna Bateson was then named interim chief executive.
However, Thomas will now lead its push for financial stability by leveraging her experience in scientific journal publishing. She has a PhD from Yale University in cell biology and neuroscience which, on paper, is an unconventional starting point for a media executive. She began her career editing scientific journals at Nature before leading specialist publisher Macmillan Science and Education and most recently spent two years at Clairvate Analytics.
The American has been living in the UK for the last 25 years and is particularly focused on “developing a financially sustainable future” now the group finally broke a profit.
Neil Berkett, chair of the GMG board, said: “Her track record is exceptional – she has consistently delivered sustainable growth through deep engagement with end-users, championing innovative new business models with more open access to content and data, and building diverse and inclusive management teams.”
Thomas said she was attracted by The Guardian brand’s “progressive perspective, global reach, and unique ownership structure with its values safeguarded by the Scott Trust are all significant strengths in these challenging times”.
She added that she was looking to develop new business models off the back of The Guardian’s “deep and loyal relationship with readers”.
“The need and appetite for trusted high-quality journalism, grounded in facts, has never been greater,” she said. “I’ve always admired the quality and breadth of the Guardian’s journalism, and I am looking forward to working with Katharine Viner and this exceptional team to develop a financially sustainable future built upon these values and principles.”
Thomas takes up the role in March 2020.

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Guardian appoints neuroscientist Annette Thomas as CEO: ‘A champion of innovative business models’- Tempemail – Blog – 10 minute

Guardian Media Group (GMG) has shown some out-of-the-box thinking with the appointment of Annette Thomas, a neuroscientist and academic publisher, as its new chief executive.
She replaces David Pemsel, who announced his intention to depart last year after being appointed to run the Premier League. However, he quit before taking up the role after facing accusations about his personal conduct. Its chief customer officer Anna Bateson was then named interim chief executive.
However, Thomas will now lead its push for financial stability by leveraging her experience in scientific journal publishing. She has a PhD from Yale University in cell biology and neuroscience which, on paper, is an unconventional starting point for a media executive. She began her career editing scientific journals at Nature before leading specialist publisher Macmillan Science and Education and most recently spent two years at Clairvate Analytics.
The American has been living in the UK for the last 25 years and is particularly focused on “developing a financially sustainable future” now the group finally broke a profit.
Neil Berkett, chair of the GMG board, said: “Her track record is exceptional – she has consistently delivered sustainable growth through deep engagement with end-users, championing innovative new business models with more open access to content and data, and building diverse and inclusive management teams.”
Thomas said she was attracted by The Guardian brand’s “progressive perspective, global reach, and unique ownership structure with its values safeguarded by the Scott Trust are all significant strengths in these challenging times”.
She added that she was looking to develop new business models off the back of The Guardian’s “deep and loyal relationship with readers”.
“The need and appetite for trusted high-quality journalism, grounded in facts, has never been greater,” she said. “I’ve always admired the quality and breadth of the Guardian’s journalism, and I am looking forward to working with Katharine Viner and this exceptional team to develop a financially sustainable future built upon these values and principles.”
Thomas takes up the role in March 2020.

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Samsung CEO does not seem to know how many Galaxy Folds have sold – Blog – 10 minute

Facepalm: First Samsung said it sold one million Galaxy Folds. Then it said that number was a mistake, but would not disclose the correct the figure. Now it’s saying that the device has somewhere between 400,000 and 500,000 in sales. Why are we getting the runaround about how the foldable smartphone is doing? Give us a number or don’t say anything at all.
During CES 2020, Samsung CEO DJ Koh updated reporters on sales figures for the Galaxy Fold, but he seemed unsure precisely how many units were sold.
“I think we’ve sold 400,000 to 500,000 Galaxy Fold smartphones,” Koh told Korean media outlet Yonhap News Agency.
The estimate seems somewhat ambiguous, considering Koh is in charge of Samsung’s mobile division and should know the exact figures.
Last month, Samsung President and Chief Strategy Officer Young Sohn claimed that the company had sold one million Galaxy Folds, shattering its self-appointed goal of 500,000 units by the end of 2019. To be clear, the company’s original target was one million devices by year’s end but was adjusted to half that because of the failed April launch that set back the release of the Fold until September.

PSA: There’s a layer that appears to be a screen protector on the Galaxy Fold’s display. It’s NOT a screen protector. Do NOT remove it.
I got this far peeling it off before the display spazzed and blacked out. Started over with a replacement. pic.twitter.com/ZhEG2Bqulr
— Marques Brownlee (@MKBHD) April 17, 2019

A spokesperson later corrected Sohn, saying that he had confused the company’s initial goal with actual sales — another faux pas that seemed like an attempt to generate hype. The spokesperson did not have an exact figure to correct Sohn’s statement, and the company is remaining tight-lipped even with Koh’s recent vague remark.
Perhaps Samsung does not want to admit that it missed its mark by as much as 100,000 units. Still, even 400,000 is a decent sales figure considering the device is $2,000 and is in a niche market that has yet to develop fully. It translates to $800 million in sales for a foldable smartphone that has had a very rocky launch, which isn’t bad.
When review devices began breaking shortly before release, Samsung rightly canceled pre-orders and went back to the drawing board. However, the handling of the debacle from a PR standpoint has been a mess from the start with the company blaming the users and then continually being vague and misleading with consumers and the press about when the device would be ready.
Now that the Galaxy Fold has been out for a few months, the company is continuing its misleading (in Sohn’s case) and vague (in Koh’s) behavior about how the phone is doing. It seems likely we will have to wait until Samsung has to answer to investors to get any concrete figures.

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AMD CEO hints that high-end Navi GPUs and ray tracing may be coming to Radeon cards – Blog – 10 minute

Rumor mill: As rumors go, nothing beats one coming straight from the horse’s mouth. In this case, it’s coming directly from AMD’s CEO Lisa Su. The rumor: Radeon cards may soon have ray-tracing support, and high-end Radeon GPUs are are on the way. Su did not go into detail, but it seems certain that the company has some plans.
AMD had a few announcements at CES 2020 on Monday, including the Radeon RX 5600 XT with the Navi RDNA architecture and its Ryzen 4000 series for laptops. After the keynote, CEO Lisa Su sat down with the press for a roundtable discussion, which Anandtech transcribed. During the Q&A, Su dropped hints about the future of its Radeon line of GPUs.
The CEO mentioned that the company has some high-end “Big Navi” cards in the pipe. In response to the question of whether AMD needs to have a high-end product in the discrete graphics department, the exec could not help but let slip that such GPUs were in the works without revealing any details.
“I know those on Reddit want a high-end Navi! You should expect that we will have a high-end Navi and that it is important to have it,” Su said. “The discrete graphics market, especially at the high end, is very important to us. So you should expect that we will have a high-end Navi, although I don’t usually comment on unannounced products.”

She also said the company was looking to be more competitive with Nvidia in terms of ray tracing. Current Radeon offerings do not support real-time ray tracing, as the company views the technology as being in the “very early” stages, but that could be changing soon.
“I’ve said in the past that ray tracing is important, and I still believe that, but if you look at where we are today, it is still very early,” she explained. “We are investing heavily in ray tracing and investing heavily in the ecosystem around it – both of our console partners have also said that they are using ray tracing. You should expect that our discrete graphics as we go through 2020 will also have ray tracing.”
Regarding ray tracing: “I do believe though it is still very early, and the ecosystem needs to develop. We need more games and more software and more applications to take advantage of it. At AMD, we feel very good about our position on ray tracing.”
If her hint is on the mark, we could potentially see a Radeon GPU with ray-tracing support by the end of the year, and we will definitely be getting it with the PlayStation 5 and Xbox Series X consoles.
A discrete Big Navi card with ray tracing would give Nvidia something to think about, considering it currently enjoys its corner on the RT market. Having AMD jump into the game would most certainly bring more affordable RT cards to the consumer from both manufacturers, even on the high-end.
However, keep in mind that Su’s remarks were off-the-cuff and unplanned. No official announcements have been made, so anything could change at this point. However, coming from as high up on the ladder as you can get makes this news hard to call “rumor.” It sounds more like a roadmap, but as they say, “Never count your chickens before they hatch.”
That said, if AMD follows through, upgrading your gaming rig may become your priority this holiday season.

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An integrated IT architecture gives a single source of truth for Edelweiss General Insurance: Shanai Ghosh, CEO & Executive Director, Edelweiss General Insurance Company Limited- Tempemail – Blog – 10 minute

Edelweiss General Insurance has built an integrated application platform across the customer life cycle wrapped with a cloud-native IT platform. It gives one view of the customer with an integrated life cycle.
The post An integrated IT architecture gives a single source of truth for Edelweiss General Insurance: Shanai Ghosh, CEO & Executive Director, Edelweiss General Insurance Company Limited appeared first on Express Computer.

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Key to digital transformation: An outside-in perspective, mapping customer journey and encouraging diversity of thought: Shanai Ghosh, CEO and ED, Edelweiss General Insurance Company Limited- Tempemail – Blog – 10 minute

CXO Bytes: Where IT decision-makers give quick advice, tips, and tricks to their peers
The post Key to digital transformation: An outside-in perspective, mapping customer journey and encouraging diversity of thought: Shanai Ghosh, CEO and ED, Edelweiss General Insurance Company Limited appeared first on Express Computer.

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Aerospace Corp CEO Steve Isakowitz to talk how to raise non-dilutive capital at Disrupt SF this Oct – gpgmail


The US government is awake to the remarkable innovation coming the startup scene in many deep tech categories, and the response has been diverse efforts across many government agencies and departments to support select startups with non-dilutive financial backing, technology sharing, fast-track procurement and even start-up competitions with cash prizes.

Space is one of those deep tech categories, and at we’re delighted to announce that Steve Isakowitz, CEO of Aerospace Corporation, is joining us on the Extra Crunch stage at Disrupt SF (Oct. 2-4) stage to discuss how Aerospace Corp sees the rapidly emerging space startup scene. Aerospace Corp is not all that widely known outside space circles, but its 59-year-old R&D legacy is remarkable. Based in El Segundo, California, the non-profit works with the US Air Force and other government space programs to identify emerging technologies from the commercial sector that could apply to future space programs. Examples of core space technologies include communications and spacecraft materials with an increased focus on cloud computing, data analytics, additive manufacturing, cyber security, and AI and robotics technologies.

Isakowitz was formerly CTO of Virgin, where he managed the company’s space launch program, and before that was CFO of the Department of Energy and an administrator at NASA, where he worked on space transportation and government-industry partnerships. He graduated from MIT, where he received his bachelors and masters in aerospace engineering.

We will talk on stage about how startups can take advantage of government funding initiatives, particularly in harder tech areas like space, satellites, defense, and health, as well as talk about what’s next in the space industry.

We’re amped for this conversation, and we can’t wait to see you there! Buy tickets to Disrupt SF here at an early-bird rate!

Did you know Extra Crunch annual members get 20% off all gpgmail event tickets? Head over here to get your annual pass, and then email extracrunch@Gpgmail.com to get your 20% discount. Please note that it can take up to 24 hours to issue the discount code.


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The CEO of Naspers — one of the world’s most powerful, and lowest flying, investment firms — is coming to Disrupt – gpgmail


In 2001, Naspers, a media company that launched in 1915 and later evolved into a media holding company with pay TV interests, agreed to invest $32 million for a 46.5% stake in Tencent. The China-based company had been founded just three years earlier, and, as Quartz notes in a 2014 story about the deal, Tencent wasn’t a brand that many aside from users of its instant messaging platform, QQ, knew at the time.

Of course, given Tencent’s wild growth, it has largely come to define Naspers . Consider that today, Tencent is a roughly $410 billion company, and though Naspers has sold off some of its holdings in the company over the years, it still owns a little more than 30% of Tencent for a stake currently worth roughly $120 billion.

The story is not so unlike that of SoftBank, which made an early, $20 million bet on a nascent China-based company called Alibaba in 2000. Though SoftBank has sold some of its ownership in the company, including to fund an acquisition of acquisition of the British chip designer ARM in 2016, it maintains a 26% stake worth roughly $100 billion.

The bets have proved a blessing but also a challenge for both companies as they work to create valuable portfolios that correlate less closely with these home runs.

For its part, Naspers is finding a number of ways to buffer itself, including, most notably, carving out a new holding company called Prosus NV that’s due to list in Amsterdam this week and that features Nasper’s stakes in the online classifieds business OLX, the Craigslist competitor Letgo, as well as Nasper’s massive piece of Tencent.

Prosus also holds stakes in numerous social networking, food delivery, payments, online travel bookings, and other companies, packaging together its shares in roughly 20 different companies altogether.

It’s a huge deal for Naspers, which is spinning off Prosus to lessen its own dominance of Johannesburg’s stock exchange where it trades, and to minimize the valuation gap between itself and its stake in Tencent. It’s also a highly unusual listing, including because the value of the shares is largely established already (given that they currently trade within Naspers).

Luckily, CEO Bob Van Dijk is joining us at gpgmail Disrupt in early October to talk about Naspers and Prosus and to help us understand this fairly novel and important effort for the company.

Yet that’s not all we want to know.  We want to better understand how the company thinks about new investments, including how it views different sectors and different geographies.

We want to hear what Naspers thinks of the SoftBank’s investing strategy. (Among other things, the two coinvested in Flipkart, which proved a lucrative bet for both. Naspers sold an 11% stake in the company last year for $2.2 billion after investing $616 million. SoftBank sold its 20% stake for roughly $4 billion after investing $2.5 billion into the company.)

We also want to learn more about Phuthi Mahanyele-Dabengwa, the recently appointed CEO of Nasper’s South African unit — and the company’s first female and first black chief executive.

For these reasons and many others, we can’t wait to sit down with Van Dijk during our upcoming show. If you’re curious about where the big money is moving around the world, this is one conversation you won’t want to miss. Disrupt SF runs October 2-4 at the Moscone Center in San Francisco. Tickets are available here.


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