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Microsoft's AI Costs Spook Investors, Stock Takes a Dive - Professional coverage
BusinessCloudSoftware

Microsoft’s AI Costs Spook Investors, Stock Takes a Dive

According to MarketWatch, Microsoft's stock fell sharply, down about 7% in after-hours trading following its December-quarter earnings report. This drop…

Overpath raises €1.6M to fix sales teams with AI - Professional coverage
AISoftwareTechnology

Overpath raises €1.6M to fix sales teams with AI

According to Silicon Republic, Dublin-based startup Overpath has raised €1.6 million in a funding round led by venture firm Elkstone,…

LVGL and Renesas are making embedded HMIs way easier - Professional coverage
HardwareSoftwareTechnology

LVGL and Renesas are making embedded HMIs way easier

According to Embedded Computing Design, the open-source Light and Versatile Graphics Library (LVGL) is a key framework for building modern…

BusinessTechnology

Scale AI Settles Worker Misclassification Lawsuits in California, Shifts Hiring Practices

Scale AI has reportedly agreed to settle multiple lawsuits filed by former California contractors who alleged misclassification and underpayment. The company has since stopped hiring California-based gig workers as it faces additional legal challenges and regulatory scrutiny.

Scale AI Reaches Settlement in Contractor Lawsuits

Scale AI has agreed to settle four lawsuits filed by former workers in California who alleged they were illegally classified as contractors rather than employees, according to court documents filed this week. The San Francisco-based company, which specializes in artificial intelligence training data, reportedly reached settlements with all plaintiffs across the multiple cases, though specific terms remain undisclosed pending judicial approval.

BusinessEntertainment

Salesforce CEO Marc Benioff Bets on Human Sales Force Despite AI Push, Plans to Hire Thousands

Despite Salesforce’s heavy investment in AI, CEO Marc Benioff asserts that human salespeople are irreplaceable. The company is reportedly hiring thousands of new account executives, aiming to grow its sales force significantly. Benioff highlights the importance of face-to-face communication and human touch in sales.

Salesforce Continues Hiring Spree for Sales Roles

In a notable stance on artificial intelligence’s role in the workforce, Marc Benioff, CEO of Salesforce, has stated that the company is aggressively hiring sales personnel, with plans to expand its team to 20,000 account executives. According to reports, Benioff emphasized that AI will not replace human salespeople, citing the irreplaceable value of personal interaction. This move comes amid a broader industry trend where many companies are integrating AI into their operations, yet Salesforce is doubling down on human talent in sales roles.

EducationPolicy

Elite Universities Defy Trump Administration’s Higher Education “Compact” Proposal

Multiple elite universities have rejected the Trump administration’s proposed “compact” that would require conservative-friendly policies in exchange for federal benefits. The American Council on Education joined the opposition, calling the proposal unprecedented federal overreach that threatens academic freedom.

Major Universities Reject Federal Higher Education Proposal

Four prominent universities have reportedly declined to sign the Trump administration’s proposed “compact” on higher education reform, according to sources familiar with the matter. The University of Pennsylvania, Brown University, University of Southern California, and MIT have all announced they will not agree to the administration’s terms ahead of the initial October 20 deadline.