Connect with us

World

Google Cloud CEO Greene being replaced by former Oracle exec Kurian

Published

on

Earlier this year, Greene faced an internal and external outcry over a controversial Department of Defense contract — dubbed Project Maven — to analyze and interpret drone videos via AI technology. Word of the deal led several thousand employees to sign a petition urging Pichai to keep Google out of the “business of war,” while dozens resigned in protest.

In taking over for Greene, Kurian faces a significant cultural challenge that’s been a consistent source of tension at Google. It’s a consumer-focused, engineering-driven company with some of the highest profits margins in technology that’s never been able to fully embrace the realities of selling to the enterprise.

No company is more closely associated with the enterprise than Oracle, but getting thousands of engineers and sales people on board is a tall task. A year ago, Greene announced that Diane Bryant, formerly the head of Intel’s data center business and a potential CEO candidate at the chipmaker, was joining Google Cloud as its operating chief. Seven months later she was gone.

Transitioning Google Cloud after three great years

Hello All,

When I joined Google full-time to run Cloud in December 2015, I told my family and friends that it would be for two years. Now, after an unbelievably stimulating and productive three years, it’s time to turn to the passions I’ve long had around mentoring and education.

The mentoring will include investing in and helping female founder CEOs who have engineering or science backgrounds. I want to encourage every woman engineer and scientist to think in terms of building their own company someday. The world will be a better place with more female founder CEOs.

The work in education will especially be initiatives that combine technology with in-person teaching to make high-quality education that is low-cost, scalable and personalized. When bebop was purchased by Google, I committed all of my proceeds to philanthropy, it is high time to put that money to work!

Thomas Kurian, a respected technologist and executive, will be joining Google Cloud on November 26th and transitioning into the Google Cloud leadership role in early 2019. Sundar, Urs and I all interviewed Thomas, and I believe that he’ll do an amazing job helping to take Google Cloud to the next level.Thomas has 22 years of experience at Oracle; most recently he was President of Product Development.

I will continue as CEO through January, working with Thomas to ensure a smooth transition. I will remain a Director on the Alphabet board.

The Google Cloud team has accomplished amazing things over the last three years, and I’m proud to have been a part of this transformative work. We have moved Google Cloud from having only two significant customers and a collection of startups to having major Fortune 1000 enterprises betting their future on Google Cloud, something we should accept as a great compliment as well as a huge responsibility.

We’ve built a strong business together—set up by integrating sales, marketing, Google Cloud Platform (GCP), and Google Apps/G Suite into what is now called Google Cloud.

We established a training and professional services organization and partnering organizations. We revamped customer engineering and added a team of experts in the Office of the CTO. We also pioneered a way to help enterprises adopt AI through our Advanced Solutions Lab. We built out a full marketing organization that in just three years has received many recognitions including Cannes Lions awards. We set up our industry verticals org where we have achieved massive traction in health, financial services, retail, gaming and media, energy and manufacturing, and transportation. We set up the Cloud ML and the Cloud IoT groups. We acquired Apigee, Kaggle, qwiklabs and several great small startups. Our technology development has been recognized throughout the industry, and Google Cloud is differentiated in security, AI, open hybrid application modernization, G Suite, and many other areas. We are now recognized as a leader in 11 Gartner Magic Quadrants and Forrester Waves.

But here’s what I’m most proud of: the phenomenal team assembled and how we together have built out all of our functions for customer-facing enterprise readiness and engineering enterprise execution. When this journey started, some people would say that Google had great technology but they weren’t sure that customers would rely on Google as their enterprise partner. At our recent Google Cloud Next event in San Francisco, we had over 23,000 attendees, representing 10x growth from 2016. With nearly 300 customers speaking about how Google Cloud is helping to transform their businesses, no one was questioning our seriousness or our abilities.

The cloud space is early and there is an enormous opportunity ahead. I have loved working with everyone. I am especially grateful to all of our customers, partners, and employees for an amazing three years of getting to work with you.

—Diane

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

World

European pilots urge EU regulator to thoroughly review Boeing 737 Max

Published

on

A Boeing 737 MAX 8 is pictured outside the factory on March 11, 2019 in Renton, Washington.

Stephen Brashear | Getty Images

A European pilots’ group Thursday urged the region’s aviation regulator to conduct its own thorough and independent review of the Boeing 737 Max before allowing the planes to fly again.

International air safety regulators, including the Federal Aviation Administration, grounded the close to 400 Max jets that were in service in mid-March after two fatal crashes within less than five months of one another killed a combined 346 people.

“Simply accepting the FAA’s word on the Max’s safety won’t be enough,” the European Cockpit Association said in a statement. The group represents 38,000 European pilots, including those at airlines that have purchased the Boeing 737 Max, Norwegian Air Shuttle and Ryanair.

The group’s comments come as the FAA meets with their international counterparts in Texas on Thursday to provide an update on its approval process of Boeing’s changes to the planes in an effort to get them flying again.

Operators of the Boeing 737 Max are grappling with how to reintroduce the plane in their fleets if the FAA and other authorities approve its return. The absence of the plane has forced airlines to cancel hundreds of flights during the busy summer travel season. Confidence from pilots and flight attendants are key to that strategy and Boeing has met with both groups in recent weeks to discuss the changes its preparing.

“If there’s an American Airlines pilot ready to go, so am I, so is my family. And we’ll be among the first people, if not the first people, on board,” American Airlines‘ CEO Doug Parker told NBC News in an interview that aired Wednesday evening.

Boeing last week said it completed software changes to an anti-stall system that has been implicated in the October crash of a Lion Air Boeing 737 Max and another operated by Ethiopian Airlines in March. That software along with updated pilot training materials will need FAA’s approval.

The manufacturer and the FAA are under fire for how the plane was approved, which included delegating some functions to Boeing. Although the practice is legal, lawmakers have questioned the agency’s relationship with Boeing and several investigations are examining how the planes received a green light with a system that pilots say they didn’t know about until after the first crash.

The pilots group also wants answers.

“For European pilots, having closely followed the developments and revelations in the past months, it is deeply disturbing that both the FAA and Boeing are considering a return to service, but failing to discuss the many challenging questions prompted by the Max design philosophy,” it said.

For its part, the European Union Aviation Safety Agency said it plans to conduct an independent review of the plane.

“The information made available so far through the preliminary investigations of the two accidents are deemed to provide sufficient understanding of the safety issues to be addressed and we will continue to analyse any new information that the investigations make available,” EASA said in an e-mailed statement.

Separately on Thursday, an international airline trade group is meeting with 737 Max operators to discuss Boeing’s update and the potential return to service.

Source link

Continue Reading

World

Sterling slumps as Theresa May’s time as UK leader edges to a close

Published

on

Prime Minister Theresa May leaving 10 Downing Street, London, ahead of Prime Minister’s Questions. 

Victoria Jones – PA Images | PA Images | Getty Images

The pound continued to hover around 4-month lows Thursday after Prime Minister Theresa May suffered another cabinet resignation and faced intensifying calls by some members of her party to step down.

Sterling versus the U.S. dollar has moved toward the $1.25 handle, falling to a low of $1.2603 just as European trading began on Thursday.

Around the same time the euro bought 88.385 pence. The pound is currently on track to suffer 14 consecutive days of losses against the euro zone’s common currency.

A fourth attempt by May to secure domestic support for her Brexit withdrawal plan looks doomed to fail and calls for her to step down have amplified.

Adding to May’s troubles was the resignation of House of Commons leader Andrea Leadsom on Wednesday evening. Leadsom is the 36th minister to resign in the almost three years of the May premiership.

“Investors should not be complacent about the threat of a no-deal exit, which we believe would take the pound as low as $1.15 and 0.97 versus the euro,” UBS analysts said in a note Thursday.

May is expected to depart in the next few days and her Conservative Party will narrow down candidates to two people before conducting a run-off vote.

A number of Conservative lawmakers are thought to be in the race to be the next U.K. leader, but bookmakers put the former Foreign Secretary Boris Johnson as favorite. Johnson confirmed his candidacy last week.

Johnson, a supporter of Brexit, has been hugely critical of May’s attempts to agree a deal and has said that Britain has “nothing to fear” from leaving the trading bloc.

The investment bank J.P. Morgan said in a note Tuesday that a leadership victory for Johnson would likely trigger a number of defections from within the Conservative Party, strengthening the case for a general election.

Now watch: Where did Brexit come from?

Source link

Continue Reading

World

US tariffs on China have been paid almost entirely by US importers: IMF

Published

on

Vehicles wait for shipment at Lianyungang Port in Lianyungang, China.

VCG | Visual China Group | Getty Images

U.S. tariffs on Chinese goods are hurting an unintended target as the trade war rages, an International Monetary Fund study found.

The study, released Thursday, said that tariff revenue collected from levies on Chinese goods “has been borne almost entirely” by U.S. importers.

China and the U.S. have been engaged in a trade war for more than a year. In that time, they have targeted billions of dollars worth of goods with high import tariffs. However, “there was almost no change in the (ex-tariff) border prices of imports from China, and a sharp jump in the post-tariff import prices matching the magnitude of the tariff,” the study said.

President Donald Trump claimed on May 8 that the higher levies on Chinese goods are “filling U.S. coffers ” to the tune of $100 billion per year. But the IMF said the bilateral trade deficit between China and the U.S. remains “broadly unchanged” even with the tariffs.

Trump has also raised the possibility of raising tariffs on an additional $300 billion in Chinese goods. This, according to the IMF, could hurt consumers as companies are likely to pass on the additional cost.

“Consumers in the US and China are unequivocally the losers from trade tensions,” the IMF report said, adding higher tariffs could also hurt economic growth. “While the impact on global growth is relatively modest at this time, the latest escalation could significantly dent business and financial market sentiment, disrupt global supply chains, and jeopardize the projected recovery in global growth in 2019.”

Subscribe to CNBC on YouTube.

Source link

Continue Reading

Trending