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Expedera's new leadership

Siyad Ma has been named Chief Executive Officer of Expedera Inc., a scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP) provider. The appointment takes effect immediately. Ma takes over as CEO after co-founder Da Chuang, who will become Executive Chairman.

Ma, who co-founded Expedera and previously served as Vice President of Engineering, was instrumental in developing the company’s groundbreaking packet-based NPU architecture and software stack. This platform significantly enhances performance, power efficiency, and spatial efficiency without altering customer neural networks or compromising accuracy. Before this role, Ma led ASIC and IP teams at Cisco and has held senior management and technical roles at Spanslogic (Cisco), Zettacom (IDT), Chameleon, and AMD. He holds a PhD in Electrical Engineering from Stanford University.

“From the start, Da [Chuang] has provided the vision and leadership that has driven us to create innovative AI processing technology tailored for the era of pervasive AI-enabled devices,” Ma said. “Thanks to his guidance, we’ve built a robust company ready for significant growth. With our smartphone, automotive, and data center customers ramping up production, I am both honored and excited to lead Expedera into its next phase as CEO.”

Da Chuang, who co-founded Expedera in 2018 and has served as CEO since then, will now focus on long-term strategic planning and key corporate initiatives as Executive Chairman of the Board. Under his leadership, the company expanded from 3 to over 70 employees across six countries and established itself as a leader in AI Inference IP.

Expedera’s IP products have been deployed in more than 10 million consumer devices, with customers spanning various industry sectors. Prior to joining Expedera, Chuang was a co-founder of Memoir Systems, which Cisco later bought. He also had technical and senior management roles at Nvidia, Abrizio, and Cisco. He received his MS/PhD in Electrical Engineering from Stanford University and his BS in EECS from the University of California, Berkeley.

As CEO of Expedera, Da Chuang remarked, “I am immensely proud of what we have built, and it has been the highlight of my career.” As Executive Chairman, I’m excited to collaborate with Siyad and our Board of Directors to maintain the company’s expansion and innovation.Read More-https://voiceofentrepreneur.life/

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India's rising global influence

At Salesforce’s annual ‘Dreamforce’ event in San Francisco, CEO Marc Benioff declared that the world is entering an “Indian era,” underscoring India’s rising global influence. Benioff expressed enthusiasm about Salesforce’s growing presence in India, where the company already employs over 11,000 people. He emphasized the significant role Indian operations play in engineering and market engagement, highlighting notable clients like the Bajaj Group.

Benioff also commended Arundhati Bhattacharya, former SBI Chairperson and current head of Salesforce India, for her leadership in guiding this expansion. Although he didn’t disclose specific growth targets or workforce expansion plans, he stressed India’s pivotal role in Salesforce’s future strategy.

Additionally, Salesforce introduced ‘Agentforce,’ an innovative autonomous AI tool designed to optimize business processes without human input. Benioff described it as a major advancement beyond traditional chatbots, with the potential to transform sales, marketing, and commerce. While acknowledging concerns about AI-induced job displacement, he pointed out that with proper workforce transitions, companies could unlock new growth opportunities.Also Read-https://voiceofentrepreneur.life/

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Air India flight to Delhi review

An Indian-American passenger took to TikTok to express his dissatisfaction with Air India, detailing his “worst” experience while flying in a business class seat on a non-stop flight from New Delhi to Chicago.

Anip Patel, CEO of CaPatel Investments, described the experience as a “nightmare,” calling it the “worst first class cabin” he had encountered, despite paying $6,300 for the trip.

Air India’s $400 Million Revamp Initiative

Interestingly, Air India is embarking on a $400 million refurbishment plan. The Tata-owned airline aims to upgrade 67 aircraft as part of its mission to enhance the passenger experience and position itself as a world-class airline. The program kicks off with 27 revamped Airbus A320neo planes, followed by 40 Boeing aircraft. Does this mean that promises of premium customer service are merely an illusion?

Patel began the video by stating, “Join me on the worst first-class cabin I’ve ever been on.”

This is a non-stop flight from Chicago to Delhi on Air India, costing $6,300 one-way or 25,000 miles,” he continued, showcasing every detail of the first-class cabin. “Look how dirty this is—things were moving in different compartments; everything was either ripped or damaged. I understand normal wear and tear, but this was on another level.”

Air India’s First-Class experience was a ‘complete nightmare.’

He went on to describe his “disgusting” experience, showing a white face towel and commenting, “This was next level, guys. It was supposed to be a warm towel, but it was served cold. They’ve partnered with Ferragamo, which was decent, and the pajamas were soft, but the headphones were tangled and had grime on them.Read More-https://24x7newsroom.com/

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NITI Aayog's vision for India's economy

India Could Double Its Economy by 2030, NITI Aayog CEO BVR Subrahmanyam Says On Wednesday, NITI Aayog CEO BVR Subrahmanyam projected that India could easily double the size of its economy by 2030. Speaking at an event hosted by the Public Affairs Forum of India (PAFI), Subrahmanyam also emphasized that climate change presents India with a significant opportunity to lead in climate technology.

“Our economy should easily double by 2030. India’s goal of becoming the third-largest economy by 2026-2027 requires a well-coordinated grand strategy,” he stated.

Currently, India ranks as the fifth-largest economy globally, with a nominal GDP of approximately $3.7 trillion.

“By 2047, India will emerge as a major global player. It already has substantial influence and will grow even more significant in international affairs,” Subrahmanyam added.

He also noted that by 2047, India is expected to be one of the world’s youngest nations demographically, with a projected per capita income ranging from $18,000 to $20,000, positioning it for substantial prosperity.

He stated, “This growth is remarkable as India is expected to emerge as a leading global player, drawing on the substantial progress made over the past decade in addressing challenges such as natural disasters and poverty.”

He also highlighted the importance of focusing on the green economy, noting that the Aayog is actively working on creating a roadmap for achieving net zero carbon emissions by 2070.

He shared, “We have assembled a task force and are working in conjunction with both central and state governments to achieve our aims.”

The CEO of Niti Aayog underscored the importance of global value chains (GVCs).Read More-https://24x7newsroom.com/

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India's Global Influence

At Salesforce’s annual ‘Dreamforce’ event in San Francisco, CEO Marc Benioff declared that the world is entering an “Indian era,” underscoring India’s rising global influence. Benioff expressed enthusiasm about Salesforce’s growing presence in India, where the company already employs over 11,000 people. He emphasized the significant role Indian operations play in engineering and market engagement, highlighting notable clients like the Bajaj Group.

Benioff also commended Arundhati Bhattacharya, former SBI Chairperson and current head of Salesforce India, for her leadership in guiding this expansion. Although he didn’t disclose specific growth targets or workforce expansion plans, he stressed India’s pivotal role in Salesforce’s future strategy.Read More-https://voiceofentrepreneur.life/

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Google's response to antitrust allegations

The antitrust lawsuit between the U.S. Department of Justice (DOJ) and Google began its second week on September 16, 2024. The DOJ has charged Google with monopolizing the digital advertising technology (ad tech) market. According to the lawsuit, which was filed in 2023, Google allegedly used acquisitions to unfairly eliminate competitors and reinforce its dominance in the ad tech industry.

In defense, YouTube CEO Neal Mohan highlighted Google’s emphasis on innovation rather than anti-competitive practices. Mohan testified that Google’s dominance in digital advertising resulted from its innovative capabilities and improved services for business clients, including publishers and advertisers. He dismissed the DOJ’s accusations of Google eliminating competitors, pointing out that the company faced substantial competition in the ad tech industry.

Mohan emphasized that Google’s success stems from “product innovation” and providing superior tools and services, rather than suppressing rivals. He argued that the acquisitions were aimed at enhancing Google’s offerings, not at stifling competition.

However, the DOJ produced internal papers and emails as proof that Google purposefully bought rival companies to drive them out of business. The acquisition of DoubleClick in 2008, when Mohan joined, and AdMeld in 2011 are two significant acquisitions under consideration. These actions, according to the administration, were meant to lessen competition.Read More-https://voiceofentrepreneur.life/

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First female fighter pilot in LCA Tejas

Squadron Leader Mohana Singh has made history as the first female fighter pilot to join the prestigious ‘Flying Bullets’ squadron, which operates India’s indigenous LCA Tejas fighter jets.

As one of the country’s pioneering female fighter pilots, Squadron Leader Singh has once again broken new ground. Her achievement highlights the Indian Air Force’s dedication to gender equality and empowerment.

The officer participated in the recent ‘Tarang Shakti’ exercise in Jodhpur, where she took part in a historic flight alongside three Vice Chiefs of the armed forces.

Squadron Leader Mohana Singh was among the first three women to become fighter pilots in the Indian Air Force.

Her fellow trailblazing female pilots, Squadron Leader Bhawna Kanth and Squadron Leader Avni Chaturvedi are currently flying Su-30 MKI fighter jets in the western desert.

Previously, Singh flew MiG-21s and has recently been assigned to the LCA Tejas squadron based at Naliya airbase in the Gujarat sector, along the Pakistan border.

During the historic flight, Squadron Leader Mohana Singh was seen guiding the Army and Navy Vice Chiefs in the LCA Tejas fighter jet, helping them prepare for the mission.Read More-https://24x7newsroom.com/

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India's exports decline by 9.3% in August

India’s merchandise exports fell by 9.3% to $34.7 billion in August, impacted by sluggish global demand and geopolitical issues, according to data from the commerce department.

In contrast, imports increased by 3.3% to $64.4 billion for the month, resulting in a trade deficit of $29.65 billion.

Commerce Secretary Sunil Barthwal noted that the significant slowdown in China, declining petroleum prices, the European recession, and challenges related to transportation and logistics have negatively influenced merchandise exports.

For the first three months of the financial year (April-June), India’s exports saw a 5.8% year-on-year growth, reaching $109.9 billion.

According to the World Trade Organization’s (WTO) April Global Trade Outlook and Statistics, the volume of global merchandise trade is expected to gradually rebound in 2024 and 2025 following a decline in 2023 as a result of the aftereffects of high energy prices and inflation in developed economies, especially in Europe.Read More-https://24x7newsroom.com/

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Atishi Marlena as Delhi's Chief Minister

New Delhi: Delhi Minister Atishi is set to become the new Chief Minister following Arvind Kejriwal’s resignation from the position, announced after his meeting with Lieutenant Governor VK Saxena this afternoon. The decision was finalized during a meeting of Aam Aadmi Party (AAP) legislators today.

During the AAP MLAs’ meeting, party leader Dilip Pandey suggested that Mr. Kejriwal should choose the new Chief Minister. When Mr. Kejriwal proposed Ms. Atishi as the candidate, all AAP MLAs supported the decision, leading to her election as the leader of the legislature party.

Ms. Atishi, who currently oversees critical portfolios such as Education and the Public Works Department, is an Oxford University alumna and a Rhodes scholar. She has played a significant role in AAP’s major initiative to reform education within Delhi’s schools.

An MLA from Kalkaji, Atishi, age 43, stepped into a ministerial role after Mr. Sisodia’s arrest in a corruption case tied to Delhi’s now-defunct liquor policy. During the period when both Mr. Kejriwal and Mr. Sisodia were detained, Atishi effectively represented the party at various events and in media interactions.

On August 15, Mr. Kejriwal appointed her to raise the tricolor at the Delhi government’s Independence Day ceremony. Although Delhi Lieutenant Governor VK Saxena intervened to prevent this, it was clear that the AAP leadership had great trust in Ms. Atishi’s capabilities.

After the announcement, Ms. Atishi addressed the media, expressing her gratitude to her mentor, Mr. Kejriwal. She stated, “Arvind Kejriwal has placed his trust in me and entrusted me with this responsibility. I urge all Delhiites to support your son, your brother Arvind Kejriwal, for Chief Minister once again, as he is a man of integrity.”Read More-https://24x7newsroom.com/

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AMD's focus on data center market

“I believe data center accounted for more than 50% of our revenue in our most recent quarter,” AMD CEO Lisa Su stated at the most recent Goldman Sachs Communacopia and Technology Conference. Saying, “So we really are a data center first company.” With the generative AI boom in full swing, this may sound like a change of direction for AMD, but chipmakers feeding the ravenous AI beast are not unusual in this regard.

AMD’s latest financial results show that revenue from data centers, including server-focused EPYC CPUs and various GPUs, was roughly twice that of its client and gaming sectors. Su further explained that AMD’s data center-first approach also impacts its cloud, edge, and client technologies, such as the new Ryzen AI chips designed for mobile devices.Read More-https://voiceofentrepreneur.life/

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OpenWeb's founding CEO Nadav Shoval

OpenWeb’s founder and CEO, Nadav Shoval, has rejected stepping down after the company’s board of directors named Tim Harvey as the interim CEO, as revealed in a LinkedIn post.

“I have not stepped down as OpenWeb’s CEO,” Shoval stated in his LinkedIn post.

According to a recent Fortune report, the board of directors appointed Tim Harvey, chairman of the content moderation platform, as the new acting CEO earlier this week.

In addition, Shoval said that by announcing a change in leadership rather than addressing conduct issues, the board had violated his employment contract.

I recently informed the company that they breached my contract, which was meant to directly address troubling conduct by the Board of Directors. In his statement, Shoval said, “The Board chose to act against OpenWeb’s best interests by announcing a leadership transition at an unexpected company-wide meeting rather than finding a solution to the problems.

Shoval’s post also emphasized his refusal to accept the board’s decision.

“I do not agree with these actions. I will continue to fight for OpenWeb’s mission and purpose alongside our team,” Shoval reiterated in his post.Read More-https://voiceofentrepreneur.life/

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Equitas Small Finance Bank deposit growth

Equitas Small Finance Bank fell just short of meeting the asset quality requirements for a universal bank license. In an interview with FE, Managing Director and CEO PN Vasudevan discusses, among other topics, why it is important for Equitas to move beyond its’small finance bank designation. Here are some highlights:

Credit-deposit mismatch is a major concern for large commercial banks. How is this playing out for SFBs?

Despite some confusion surrounding the ‘ small finance bank’ label, we have successfully raised public deposits. People frequently question whether we are a finance company or a true bank and whether their investments are secure, even after seven to eight years of the SFB model. Despite these concerns, we have not faced any difficulties in attracting deposits. Our ability to raise funds has never been limited, as we offer interest rates that are 1-2% higher than those of larger banks.

How have SFBs evolved on the credit side?

A significant trend in the industry is portfolio diversification. When SFB licenses were issued seven to eight years ago, most of us were primarily NBFC microfinance institutions, with 50–90% of our exposure to unsecured microfinance. Transitioning to banks, a crucial change was to increase our secured loan portfolio and reduce unsecured loans to a more balanced level. While the RBI does not specify a required portfolio mix, it is important to maintain a balanced approach to unsecured loans.

Regarding Equitas’ loan book mix:

Our portfolio is well-diversified. Currently, 83% of our loans are secured, and 17% are unsecured (primarily microfinance). Within the secured loans, 38% are small business loans, 25% are commercial vehicle loans, 12% are affordable housing loans, and the remaining 7-8% are allocated to MSMEs and lending to NBFCs. We introduced credit cards in the fourth quarter and are also rolling out personal loans, both of which fall into the unsecured category.

Why did you decide to offer credit cards and personal loans?

Read More-https://voiceofleaders.com/

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Elon Musk Taylor Swift

Elon Musk, the world’s wealthiest individual and owner of X (formerly Twitter), recently stirred controversy with a troubling comment directed at pop star Taylor Swift. The issue arose after Musk responded to Swift’s Instagram post endorsing Kamala Harris for the upcoming presidential election. In her post, which included a sarcastic reference to herself as a “Childless Cat Lady,” Swift voiced her support for Harris following a debate between Harris and Donald Trump.

Musk’s reaction was a tweet that read, “Fine Taylor … you win … I will give you a child and guard your cats with my life.” This response was made in reaction to Swift’s endorsement, which highlighted her support for Harris’s leadership and contrasted it with what she perceived as the chaos of Trump’s tenure. 

Reaction to Musk’s statement was swift. His remarks were criticized by many on X for being unsuitable and spooky; some even went so far as to call it sexual harassment. The former Trump staffer Kellyanne Conway’s daughter Claudia Conway was one of the people who denounced Musk, saying only, “You’re creepy.” Completely stopped. Pro-Democratic data scientist Armand Domalewski called Musk’s remark “skin-crawlingly creepy” and chastised him for being so brazenly intrusive.Read More-https://voiceofleaders.com/

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Foot Locker's business strategy

In a revealing hour-long interview on the Acquired podcast, Meta CEO Mark Zuckerberg discussed one of the biggest regrets of his career and made it clear that his days of apologizing are over. This seems to be part of a new phase for Zuckerberg, as he’s been sharing more about his personal life lately. We’ve learned that he’s raising Wagyu and Angus cattle at his Ko’olau Ranch in Kauai, enjoys surfing, and recently competed in his first jiu-jitsu tournament, where he won several medals. This “Zuckerberg 2.0” also features a fresh look, complete with curly hair, oversized t-shirts, and a striking gold chain. One thing is certain—he’s done with apologizing.

Zuckerberg revealed that his biggest career mistake was a “political miscalculation,” describing it as a “20-year mistake.” This likely references the aftermath of the 2016 U.S. election, when Facebook was blamed for spreading misinformation. The Cambridge Analytica scandal, where Facebook user data was misused, along with foreign interference on the platform, caused widespread criticism of the company. However, Zuckerberg now feels that he took on too much responsibility for issues that weren’t entirely Facebook’s fault. Reflecting on the situation, he explained that the company should have been more selective in what it took ownership of.

“One of my regrets is that we took on criticisms from others about issues they said we were responsible for, even though I don’t believe we were entirely at fault,” Zuckerberg said during the interview. “We certainly made mistakes that needed fixing, but there’s a tendency for companies to instinctively accept responsibility when issues are raised. Even if the problems weren’t fully ours, we’d respond by saying, ‘We’ll take full responsibility and work to resolve this.’”Read More-https://voiceofentrepreneur.life/

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Mark Zuckerberg's biggest regret

In a revealing hour-long interview on the Acquired podcast, Meta CEO Mark Zuckerberg discussed one of the biggest regrets of his career and made it clear that his days of apologizing are over. This seems to be part of a new phase for Zuckerberg, as he’s been sharing more about his personal life lately. We’ve learned that he’s raising Wagyu and Angus cattle at his Ko’olau Ranch in Kauai, enjoys surfing, and recently competed in his first jiu-jitsu tournament, where he won several medals. This “Zuckerberg 2.0” also features a fresh look, complete with curly hair, oversized t-shirts, and a striking gold chain. One thing is certain—he’s done with apologizing.

Zuckerberg revealed that his biggest career mistake was a “political miscalculation,” describing it as a “20-year mistake.” This likely references the aftermath of the 2016 U.S. election, when Facebook was blamed for spreading misinformation. The Cambridge Analytica scandal, where Facebook user data was misused, along with foreign interference on the platform, caused widespread criticism of the company. However, Zuckerberg now feels that he took on too much responsibility for issues that weren’t entirely Facebook’s fault. Reflecting on the situation, he explained that the company should have been more selective in what it took ownership of.

“One of my regrets is that we took on criticisms from others about issues they said we were responsible for, even though I don’t believe we were entirely at fault,” Zuckerberg said during the interview. “We certainly made mistakes that needed fixing, but there’s a tendency for companies to instinctively accept responsibility when issues are raised. Even if the problems weren’t fully ours, we’d respond by saying, ‘We’ll take full responsibility and work to resolve this.’”Read More-https://voiceofentrepreneur.life/

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Two types of workers in the workforce

In a revealing hour-long interview on the Acquired podcast, Meta CEO Mark Zuckerberg discussed one of the biggest regrets of his career and made it clear that his days of apologizing are over. This seems to be part of a new phase for Zuckerberg, as he’s been sharing more about his personal life lately. We’ve learned that he’s raising Wagyu and Angus cattle at his Ko’olau Ranch in Kauai, enjoys surfing, and recently competed in his first jiu-jitsu tournament, where he won several medals. This “Zuckerberg 2.0” also features a fresh look, complete with curly hair, oversized t-shirts, and a striking gold chain. One thing is certain—he’s done with apologizing.

Zuckerberg revealed that his biggest career mistake was a “political miscalculation,” describing it as a “20-year mistake.” This likely references the aftermath of the 2016 U.S. election, when Facebook was blamed for spreading misinformation. The Cambridge Analytica scandal, where Facebook user data was misused, along with foreign interference on the platform, caused widespread criticism of the company. However, Zuckerberg now feels that he took on too much responsibility for issues that weren’t entirely Facebook’s fault. Reflecting on the situation, he explained that the company should have been more selective in what it took ownership of.

“One of my regrets is that we took on criticisms from others about issues they said we were responsible for, even though I don’t believe we were entirely at fault,” Zuckerberg said during the interview. “We certainly made mistakes that needed fixing, but there’s a tendency for companies to instinctively accept responsibility when issues are raised. Even if the problems weren’t fully ours, we’d respond by saying, ‘We’ll take full responsibility and work to resolve this.’”

Mark Zuckerberg admitted that while some criticisms of Facebook were legitimate, others were politically motivated. He noted that the tech industry and social media often get blamed for larger societal issues beyond their control. Facebook’s natural reaction, he explained, was to accept responsibility and promise to fix these concerns. However, this strategy only invited more criticism toward the company.Read More-https://voiceofentrepreneur.life/

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Two types of workers in the workforce

At 66, Chaudhry has established five different companies. His initial venture, SecureIT, was a cybersecurity company he co-founded with his wife in 1996. The company was sold for $70 million in stock in 1998. His most recent company is Zscaler, another cybersecurity firm founded in 2008, which currently has a market cap of $24.13 billion as of Wednesday. As the CEO of Zscaler, which employs over 7,000 people, Chaudhry’s net worth stands at $9 billion, according to Forbes.

When hiring new employees, Chaudhry frequently considers a key question to assess their suitability: “Are you a builder or an operator?”

Here’s a look at how each type of worker operates and why it’s beneficial to embody both roles throughout your career.

Builders thrive in chaotic, dynamic environments.

They excel in startups and informal settings where structure is minimal.

“Startups succeed due to immense passion and minimal process,” he explains, contrasting this with the rigid hierarchies found in larger companies. In startups, “communication is largely informal, relying on direct conversations rather than formal channels.” This level of freedom is what builders enjoy and require in their work.

He notes that “builders often play a crucial role in scaling and growing a company.”They need to be curious and committed to continuous learning because, in nascent companies, “there are many unknowns that need to be addressed.Read More-https://voiceofentrepreneur.life/