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Meta Poaches Apple AI Star With Pay Bigger Than Cook's
July 11, 2025
|Financial Express Kolkata
META PLATFORMS HAS made unusually high compensation offers to new members of its "superintelligence" team—including a more than $200 million package for a former Apple distinguished engineer.
Meta hired Ruoming Pang, who ran Apple's AI models team, with a pay package in the hundreds of millions over a several-year period, according to people with knowledge of the matter, who declined to be named discussing unannounced compensation details. Apple didn't try to match the offer, as it far exceeds pay at the company for leaders other than chief executive officer Tim Cook.
هذه القصة من طبعة July 11, 2025 من Financial Express Kolkata.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Kolkata
Financial Express Kolkata
Balance sheets don't fully reflect bank risks: Deputy guv
BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.
1 min
January 13, 2026
Financial Express Kolkata
Inequality top concern for youth: Survey
*“Cyberfraud big worry for CEOs’
1 min
January 13, 2026
Financial Express Kolkata
Ola Electric launches Shakti energy storage
OLA ELECTRIC ON Monday rolled out its first 'Shakti', a portable energy storage system for homes and offices, from its cell manufacturing Gigafactory in Krishnagiri, Tamil Nadu.
1 min
January 13, 2026
Financial Express Kolkata
Dollar drops most in three weeks
THE DOLLAR DECLINED the most in almost three weeks as the Federal Reserve faced grand jury subpoenas from the Justice Department, reviving concerns over political interference in monetary policy.
1 min
January 13, 2026
Financial Express Kolkata
Surge in listings drives IPO fees to a record
INVESTMENT BANKS EARNED a record $417 million underwriting fees for initial public offerings (IPOs) last year, reflecting a surge in stock listings and a gradual shift away from a business culture driven by low prices.
1 mins
January 13, 2026
Financial Express Kolkata
Wheat sowing rises 2% to 33.4 million hectare
AREA UNDER COVERAGE for wheat rose 2% to 33.4 million hectares till January 9 of the ongoing rabi (wintersown) season, according to the government data.
1 min
January 13, 2026
Financial Express Kolkata
Capex budget may increase to ₹12.5L cr
AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).
1 mins
January 13, 2026
Financial Express Kolkata
Food inflation negative for 7th straight month
· Deflation may reverse for'food and beverages' from January
2 mins
January 13, 2026
Financial Express Kolkata
Gen Z is full of creativity: PM
PRIME MINISTER NARENDRA Modi on Monday said India's Gen Z is full of creativity and with innovative ideas, energy and purpose, the country's youth is at the forefront of nation-building.
1 min
January 13, 2026
Financial Express Kolkata
Retail inflation rises to 1.33% in Dec
THE RBI HAD, in its December monetary policy meeting, cut the inflation target for 2025-26 to 2% from 2.6% forecast earlier and delivered a 25 basis points cut in reporate to 5.25%.
1 min
January 13, 2026
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