In this edition, we take a look at the tech and channel leaders named to our annual list of Top 100 Executives, including the top four executives of 2024: Microsoft's Satya Nadella, Scale Computing's Jeff Ready, Dell Technologies' Denise Millard and Wiz's Assaf Rappaport. Plus: - What you need to know about Intel's cost-cutting measures announced this week, including plans to eliminate about 15,000 jobs - SentinelOne's CEO Tomer Weingarten's criticism of CrowdStrike following the July 19 Microsoft outage caused by its faulty update and more #CRNTop100 Microsoft AI Cloud Partner Program Dell Technologies Partner Image description: The top four executives of CRN's Top 100 Executives of 2024. From the top left, Microsoft's Satya Nadella, Scale Computing's Jeff Ready (top right), Dell Technologies' Denise Millard (bottom left) and Wiz's Assaf Rappaport (bottom right) smile at the camera. Nadella is wearing a dark gray blazer over a slightly lighter gray T-shirt and black-framed glasses. Ready is wearing a dark blazer. Millard is wearing a white cardigan over a navy blue top. Rappaport is wearing a long-sleeved black shirt.
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CRN, a media brand of The Channel Company, is the #1 trusted source for IT channel news, analysis and insight.
About us
CRN provides objective reporting on daily technology and channel news, events and trends, empowering solution providers such as systems integrators, value-added resellers, managed service providers (MSPs), strategic service providers and IT consultants to maintain a competitive advantage and deliver the business outcomes their customers need. In addition to our daily reporting, our coverage can also be found in CRN magazine, in both print and online. Since 1982, CRN's talented team of editors has reported on the news solution providers need to build successful businesses. CRN is the go-to source for breaking news on the IT channel, including technology vendors’ channel programs, channel management executives and product and services portfolios; distributors and cloud distributors; MSP platform vendors and solution providers themselves. Coverage crosses over a variety of technology areas, including cloud, security, data center, networking, software, storage, managed services, computing and components and peripherals.
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Updates
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In a deal that might remind some of Microsoft’s March hiring of Inflection CEO and DeepMind co-founder Mustafa Suleyman, Google will hire the co-founders and members of the research team for Character.AI in exchange for an undisclosed amount of funds for the artificial intelligence startup.
Google Gets Character.AI Co-founders In New Deal
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Delta CEO Ed Bastian’s comments this week seem to allege that CrowdStrike and Microsoft’s co-opetition may have contributed to the massive July 19 Windows outage caused by the cybersecurity vendor’s faulty update. In his latest analysis for CRN, cybersecurity reporter Kyle Alspach says he can’t help but think Bastian is reacting at least in part to the several-years-long war of words between CrowdStrike and Microsoft executives.
Analysis: Does Delta's CEO Have A Point About The CrowdStrike-Microsoft Rivalry?
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Intel’s stock sank nearly 30 percent today, a day after the semiconductor giant unveiled major moves to cut costs, including a massive layoff of roughly 15,000 of its employees, as a way to recover growth. Joseph Kovar has the details: #layoffs
Intel Loses $26B In Market Cap On Layoff, Cost-Cutting Plan
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Fortinet has completed its acquisition of Lacework, which Forrester analysts estimate was between $200 million and $230 million. Fortinet said it will see significant expansion of its capabilities through the acquisition of the “cloud security and cloud-native application protection platform (CNAPP) trailblazer.” #cybersecurity
Fortinet Completes Acquisition Of Former Cloud Security Unicorn Lacework
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CRN reposted this
Intel is making some very deep cuts and Joseph Kovar and Steven Burke have the details.
'Painful News:' Intel Plans To Lay Off 15,000, Cut $10B In Costs
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We've extended the deadline to apply for our 2024 Next-Gen Solution Provider Leaders list! You now have until next Friday, August 9. 📅 Take advantage of the extra time and apply here → https://bit.ly/4dsDR6B. Our fifth annual #CRNNextGen Leaders will be touted on CRN.com in October and in CRN Magazine's December issue for the growth they've driven and/or their strategic direction in the last year and their impact on the technology industry. 📈🧑💻 If you're a solution provider executive, director or manager who's 40 or younger, or you know someone who is and deserves to be recognized, you should apply yourself or nominate them! 📝📣🏆
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Amazon Web Services (AWS) partners, and Amazon itself, are seeing increased work around preparing customer data for artificial intelligence – which will also drive growth in the vendor’s cloud business, though AI remains a long-term opportunity instead of an immediate revenue driver. These are some of the big takeaways from the second fiscal quarter earnings of AWS’ Seattle-based parent Amazon.com, President and CEO Andy Jassy told analysts on the call – which covered the three months ended June 30.
Amazon Q2 2024 Earnings: CEO Jassy 'Very Bullish On' AI In Long Run
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Intel said today it would lay off more than 15 percent of its workforce as part of a plan that’s aimed at reducing costs by over $10 billion in fiscal 2025. Here’s what you need to know:
'Painful News:' Intel Plans To Lay Off 15,000, Cut $10B In Costs
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CRN reposted this
A deep dive with Schneider Electric VP of US Channels Gordon Lord on the coming edge computing AI boom and why partners need to embrace the company's full portfolio of software and sustainability offerings.
Schneider Electric VP Gordon Lord On The ‘Huge’ AI Edge Boom And Why Partners Need To Embrace The Larger Portfolio
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