Day: December 3, 2024

Intel’s Future is Murky – CEO Gelsinger Abruptly Retires

by Steven J. Schuchart Jr., posted in IT Leader
S. Schuchart

In a shocking move, Intel CEO Pat Gelsinger has retired from his position as CEO as well as his seat on Intel’s board. The resignation is effective as of December 1, 2024. Intel is currently looking for a new CEO, and in the meantime, it has appointed David Zinser – Intel CFO and Michelle Johnston Holthaus – CEO of Intel Products as interim co-CEOs. Officially, Gelsinger retired. Unofficially, it’s likely he didn’t have a choice. The board needed to sacrifice somebody important to Wall Street.

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Telefónica Tech Seeks to Maximize Operational Capabilities with a Transversal Operating Model

by Beatriz Valle, posted in Big Data, Cloud Enable, Secure
B. Valle

Summary Bullets:

• Telefónica Tech held its analyst event in London, UK, on November 28, 2024.

• The company has created a new operating model designed to replicate its local capabilities at a global scale.

GlobalData attended Telefónica Tech’s analyst day in London, UK, on November 28, 2024. The company recently reached the milestone of EUR2 billion in revenue, having evolved from a communications player later delivering traditional IT, to the cloud, implementing IoT solutions, and then moving on to AI projects. 2024 has been a momentous year for the company, which celebrated its centenary since it started out in 1924.

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