Starbucks has appointed Indian-origin technology executive Anand Varadarajan as its new executive vice president and chief technology officer (CTO), tapping a nearly two-decade Amazon veteran to lead its global technology operations.

Starbucks Appoints Indian-Origin Anand Varadarajan as CTO

Accenture announced important leadership changes on Tuesday, naming Angie Park as the new Chief Financial Officer (CFO) beginning December 1. Park, who now oversees Accenture's Business and Commercial Finance group, will succeed KC McClure. Park, who has worked at Accenture for nearly three decades, formerly served as CFO for the Accenture Technology Services and Investor Relations business.<o:p></o:p>

<h2 class="MsoNormal">New chief technology officer role for Karthik Narain<o:p></o:p></h2>

In addition to Park's promotion, Accenture announced that Karthik Narain, the current Chief Executive for Technology, will take on the role of Chief Technology Officer beginning September 1. These significant hires come as Accenture navigates an ever-changing economic landscape that has influenced client spending on advisory services.<o:p></o:p>

<h2 class="MsoNormal">Economic uncertainty impacts financial forecasts<o:p></o:p></h2>

During these leadership changes, Accenture lowered its fiscal year 2024 revenue target, citing economic uncertainties. The company now expects sales growth in the 1 per cent to 3 per cent range, down from the earlier prediction of 2 per cent to 5 per cent. This adjustment reflects clients' cautious spending in the face of economic uncertainty.<o:p></o:p>

<h2 class="MsoNormal">The decline in new bookings and revenue segments<o:p></o:p></h2>

Accenture's most recent financial reports reveal a 2 per cent reduction in new bookings, totalling $21.58 billion in the second quarter. Additionally, revenue for its Communications, Media &amp; Technology business witnessed an 8 per cent year-over-year fall. These data highlight the challenges Accenture confronts as it adapts its leadership and strategy to better reflect current market conditions.<o:p></o:p>

(With inputs from Agencies)<o:p></o:p>

Accenture announced important leadership changes on Tuesday, naming Angie Park as the new Chief Financial Officer (CFO) beginning December 1. Park, who now oversees Accenture's Business and Commercial Finance group, will succeed KC McClure.

Accenture announced important leadership changes on Tuesday, naming Angie Park as the new Chief Financial Officer (CFO) beginning December 1. Park, who now oversees Accenture's Business and Commercial Finance group, will succeed KC McClure. Park, who has worked at Accenture for nearly three decades, formerly served as CFO for the Accenture Technology Services and Investor Relations business. New chief technology officer role for Karthik Narain In addition to Park's promotion, Accenture announced that Karthik Narain, the current Chief Executive for Technology, will take on the role of Chief Technology Officer beginning September 1. These significant hires come as Accenture navigates an ever-changing economic landscape that has influenced client spending on advisory services. Economic uncertainty impacts financial forecasts During these leadership changes, Accenture lowered its fiscal year 2024 revenue target, citing economic uncertainties. The company now expects sales growth in the 1 per cent to 3 per cent range, down from the earlier prediction of 2 per cent to 5 per cent. This adjustment reflects clients' cautious spending in the face of economic uncertainty. The decline in new bookings and revenue segments Accenture's most recent financial reports reveal a 2 per cent reduction in new bookings, totalling $21.58 billion in the second quarter. Additionally, revenue for its Communications, Media & Technology business witnessed an 8 per cent year-over-year fall. These data highlight the challenges Accenture confronts as it adapts its leadership and strategy to better reflect current market conditions. (With inputs from Agencies)

Accenture appoints Angie Park as new CFO, announces leadership changes

Former Formula One world champions&nbsp;Mercedes&nbsp;announced the surprise departure of chief&nbsp;technical&nbsp;officer (CTO) Mike&nbsp;Elliott&nbsp;on Tuesday only months after he took on the role in a job swap with James Allison. Elliott&nbsp;had been appointed&nbsp;technical&nbsp;director in July 2021, with Allison moving to the CTO role, but they switched positions last April after&nbsp;Mercedes&nbsp; made a slow start to the season following a difficult 2022.

Red Bull have won the last three drivers' titles with Max Verstappen as well as the 2022 and 2023 constructors' championships. Mercedes&nbsp;are second in the standings with three races remaining and have seven times world champion Lewis Hamilton chasing the runner-up spot behind Verstappen, with the Briton 20 points adrift of Red Bull's Sergio Perez.

Mercedes&nbsp;said&nbsp;Elliott, who had been with the&nbsp;team&nbsp;for 11 years and through their record eight successive constructors' titles, had chosen to depart after developing a&nbsp;technical&nbsp; strategy for the future.

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"Mike has been one of the pillars of the&nbsp;team’s achievements over the past decade," said co-owner and principal Toto Wolff in a statement. "And it’s with truly mixed feelings that we say goodbye to him today.

"Mike is a fiercely intelligent&nbsp;technical&nbsp;brain and a great&nbsp;team-player; he has made a strong contribution not just to winning&nbsp;racing&nbsp;cars but also to building the culture of our&nbsp;team. "But on the other side, it’s clear that he’s ready for new adventures beyond&nbsp;Mercedes, so I know this is the right step for him to take, too."

Former Formula One world champions Mercedes announced the surprise departure of chief technical officer (CTO) Mike Elliott on Tuesday only months after he took on the role in a job swap with James Allison.

Former Formula One world champions Mercedes announced the surprise departure of chief technical officer (CTO) Mike Elliott on Tuesday only months after he took on the role in a job swap with James Allison. Elliott had been appointed technical director in July 2021, with Allison moving to the CTO role, but they switched positions last April after Mercedes made a slow start to the season following a difficult 2022. Red Bull have won the last three drivers' titles with Max Verstappen as well as the 2022 and 2023 constructors' championships. Mercedes are second in the standings with three races remaining and have seven times world champion Lewis Hamilton chasing the runner-up spot behind Verstappen, with the Briton 20 points adrift of Red Bull's Sergio Perez. Mercedes said Elliott, who had been with the team for 11 years and through their record eight successive constructors' titles, had chosen to depart after developing a technical strategy for the future. Also Read: Golf: Tiger Woods fades late to shoot 75 in first round of Hero World Challenge "Mike has been one of the pillars of the team’s achievements over the past decade," said co-owner and principal Toto Wolff in a statement. "And it’s with truly mixed feelings that we say goodbye to him today. "Mike is a fiercely intelligent technical brain and a great team-player; he has made a strong contribution not just to winning racing cars but also to building the culture of our team. "But on the other side, it’s clear that he’s ready for new adventures beyond Mercedes, so I know this is the right step for him to take, too."

F1: Mercedes announces surprise departure of technical officer Mike Elliott

Mira Murati was briefly&nbsp;appointed as the interim Chief Executive Officer (CEO) of OpenAI soon after its co-founder Sam Altman was ousted from the company behind Artificial Intelligence-powered chatbot ChatGPT.

Murati was working as the Chief Technology Officer (CTO) at OpenAI but after Sam Altman was fired from his position as CEO on November 18, she&nbsp;was appointed as the interim CEO.&nbsp;

Murati was born in San Francisco in 1988, and was raised in America.

Previously, she held the position of senior product manager at Tesla, after having received her Bachelor of Engineering degree from The Thayer School of Engineering at Dartmouth.

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Mira also served as OpenAI's SVP of Research, Product, and Partnerships.

Earlier, in an interview with Time magazine, she expressed her concerns over the misuse of Artificial Intelligence.&nbsp;"AI can be misused, or it can be used by bad actors. So, then there are questions about how you govern the use of this technology globally. How do you govern the use of AI in a way that’s aligned with human values?," Mira Murati told the magazine.&nbsp;

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She also stressed that the company (OpenAI) will need help from different sources, including governments, regulators, and everyone else.&nbsp;

“But we're a small group of people and we need a tonne more inputs in this system and a lot more input that goes beyond the technologies—definitely regulators and governments and everyone else," Murati noted.&nbsp;

<h2>Is Mira Murati Indian?</h2>

Contrary to several reports in sections of media, Mira Murati is not Indian. She was born in Albania to Albanian parents, and&nbsp;educated in Canada.&nbsp;

Murati is a mechanical engineer by training who built a hybrid race car as an undergraduate student at Dartmouth College. Before joining&nbsp;OpenAI in 2018, she had&nbsp;worked at Tesla, where she played a key role in the development of the Model X car, and Leap Motion, a startup that developed a computing system to track hand and finger motions.&nbsp;

Murati said that her work at Tesla exposed her to AI and inspired her to look for a job in that field. OpenAI hired her as its vice president of applied AI and partnerships.&nbsp;

<h2>What is ChatGPT?</h2>

The AI chatbot ChatGPT was created by San Francisco-based OpenAI, a startup that does AI research. The application&nbsp;was made available in November 2022. It is able to converse about anything from history to philosophy, produce lyrics, and provide changes to computer programme code.

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It is trained on a sizable collection of articles, websites, and social media postings in addition to real-time talks, mostly in English, with human contractors employed by OpenAI. It picks up on the writing's syntax and organisation and learns to reflect commonly used expressions. The chatbot's correctness isn't always reliable because its sources aren't fact-checked and it depends on user input to get better.&nbsp;

(With inputs from agencies)

Mira Murati was briefly appointed as the interim Chief Executive Officer (CEO) of OpenAI soon after its co-founder Sam Altman was ousted from the company behind Artificial Intelligence-powered chatbot ChatGPT.

Mira Murati was briefly appointed as the interim Chief Executive Officer (CEO) of OpenAI soon after its co-founder Sam Altman was ousted from the company behind Artificial Intelligence-powered chatbot ChatGPT. Murati was working as the Chief Technology Officer (CTO) at OpenAI but after Sam Altman was fired from his position as CEO on November 18, she was appointed as the interim CEO. Murati was born in San Francisco in 1988, and was raised in America. Previously, she held the position of senior product manager at Tesla, after having received her Bachelor of Engineering degree from The Thayer School of Engineering at Dartmouth. Also Read | US roars back at China and North Korea, conducts test launch of ICBM Mira also served as OpenAI's SVP of Research, Product, and Partnerships. Earlier, in an interview with Time magazine, she expressed her concerns over the misuse of Artificial Intelligence. "AI can be misused, or it can be used by bad actors. So, then there are questions about how you govern the use of this technology globally. How do you govern the use of AI in a way that’s aligned with human values?," Mira Murati told the magazine. Also Read | Exclusive: Journalist who rescued minor domestic help in India's Gurgaon relives horror of abuse She also stressed that the company (OpenAI) will need help from different sources, including governments, regulators, and everyone else. “But we're a small group of people and we need a tonne more inputs in this system and a lot more input that goes beyond the technologies—definitely regulators and governments and everyone else," Murati noted. Is Mira Murati Indian? Contrary to several reports in sections of media, Mira Murati is not Indian. She was born in Albania to Albanian parents, and educated in Canada. Murati is a mechanical engineer by training who built a hybrid race car as an undergraduate student at Dartmouth College. Before joining OpenAI in 2018, she had worked at Tesla, where she played a key role in the development of the Model X car, and Leap Motion, a startup that developed a computing system to track hand and finger motions. Murati said that her work at Tesla exposed her to AI and inspired her to look for a job in that field. OpenAI hired her as its vice president of applied AI and partnerships. What is ChatGPT? The AI chatbot ChatGPT was created by San Francisco-based OpenAI, a startup that does AI research. The application was made available in November 2022. It is able to converse about anything from history to philosophy, produce lyrics, and provide changes to computer programme code. Watch | Gravitas: Did Turkiye misuse Earthquake tax? It is trained on a sizable collection of articles, websites, and social media postings in addition to real-time talks, mostly in English, with human contractors employed by OpenAI. It picks up on the writing's syntax and organisation and learns to reflect commonly used expressions. The chatbot's correctness isn't always reliable because its sources aren't fact-checked and it depends on user input to get better. (With inputs from agencies)

Is OpenAI's interim CEO Mira Murati an Indian? Here is what we know about her

An Indian-American named Nand Mulchandani has been appointed as CIA's first-ever Chief Technology Officer. Watch this report to know more.

US: Indian-American Nand Mulchandani appointed as CIA's first-ever CTO

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