The chip company's shares were gaining early Monday as more details emerge about new Chief Executive Lip-Bu Tan's plans.

Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and AI strategies ahead of his return.

Intel's new CEO Lip-Bu Tan, reportedly, is thinking of a revamp of the company's AI strategy and manufacturing operations, as well as potential job cuts.

Telegram CEO Pavel Durov said Monday that he has travelled from France to Dubai as French authorities continue to investigate criminal activity on his messaging app. Durov revealed his whereabouts in a post on his Telegram channel.

Telegram’s billionaire founder and Chief Executive Officer Pavel Durov is in the United Arab Emirates, where he is a citizen, after France temporarily loosened the conditions imposed on him as part of a criminal probe related to his messaging app.

Pavel Durov, the Russian-born founder and CEO of Telegram, said on Monday that he had returned to Dubai. Durov was arrested at an airport near Paris last August and subsequently placed under formal investigation,

By Ariane Luthi ZURICH (Reuters) -UBS CEO Sergio Ermotti's total pay was 14.9 million Swiss francs ($16.9 million) last year, with the bank keeping his remuneration in check as it navigates a tense political debate about how it is regulated.

UBS Group AG awarded Chief Executive Officer Sergio Ermotti just under 15 million Swiss francs ($17 million) for 2024, keeping his compensation below the maximum possible at a time of heightened scrutiny in Switzerland over bankers’ pay.