Reid Hoffman is stepping down from Microsoft’s board of directors after nearly ten years. The departure was revealed in a regulatory filing on Thursday. Hoffman disclosed his intention to fully commit to Manus, his AI-powered drug discovery company. Hoffman joined Microsoft’s board in 2016 following the tech giant’s acquisition of LinkedIn, his former company, for $26.2 billion.
Robbie Falkenthal, a Dublin native and co-founder of Wordsmith, brings experience from KPMG, Flutter Entertainment, and RSM Ireland as the company announces a $70 million funding round and plans to create new jobs in Ireland.
CEOs often avoid outright apologies for mass layoffs, but what they can do is stop justifying these tough decisions with excuses. This shift in accountability could transform how leadership handles workforce changes.
Ethan Thornton, the 22-year-old founder and CEO of Mach Industries, has seen the company’s valuation quadruple to $1.8 billion within a year. The company recently secured an additional $300 million in funding, is advancing five autonomous vehicle projects, and completed a significant acquisition, marking a rapid expansion in the defense technology sector.
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