qwant news | OpenAI hires ServiceNow CMO Colin Fleming as CMO for its business segment; he succeeds Kate Rouch, who stepped down earlier this year to focus on her health

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On May 26 2026 the tech world saw a flurry of headline‑making moves: Micron Technology’s shares jumped 19% as its memory‑chip demand in the AI race pushed the company past the $1 trillion market‑value milestone; Dropbox announced founder Drew Houston will step down after 19 years as CEO, handing the reins to Ashraf Alkarmi; Qualcomm landed a major AI‑chip supply deal with ByteDance’s TikTok parent; Chinese regulators began restricting overseas travel for AI researchers at private firms such as Alibaba and DeepSeek; American Airlines will outfit more than 500 narrow‑body jets with SpaceX’s Starlink in‑flight Wi‑Fi; the Dutch government blocked US‑based Kyndryl’s acquisition of digital‑ID supplier Solvinity on public‑interest grounds; Pope Leo XIV issued an encyclical urging the “disarmament” of AI and stressing human dignity; OpenRouter raised $113 million at a $1.3 billion valuation as its token‑processing volume surged to 25 trillion per week; Spotify added a library of over 650 narrated long‑form magazine articles for premium users; and Nvidia retired its 20‑year‑old GeForce Control Panel, moving its features into the Nvidia app.

Read more: https://www.techmeme.com/260526/p33

#OpenAI #MicronTechnology #Dropbox #Qualcomm #ByteDance #DrewHouston #AshrafAlkarmi #ColinFleming

CNBC: Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer. “Drew Houston founded Dropbox nearly two decades ago at age 24, eventually becoming a household name in Silicon Valley and the first tech entrepreneur to take a company from the Y Combinator incubator program all the way to the public market. Now, at 43, Houston is ready to do something else.”

US Top News and Analysis | Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer

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Dropbox co‑founder and chief executive Drew Houston announced that he will leave the CEO role after nearly two decades, transitioning to executive chairman while sharing a co‑CEO title with product chief Ashraf Alkarmi, who will eventually assume full leadership. Houston, who built Dropbox into a $6 billion‑valued public company and amassed a personal net worth of more than $2 billion, said there is “never a perfect time” for the change and that he plans to focus on entrepreneurship in artificial intelligence. The company, which now has over 18 million paying users and generates roughly $2 billion in annual revenue, is betting on AI‑powered tools such as the new Dash feature to drive growth amid fierce competition from Google, Apple, Microsoft and rivals like Box. Analysts view the move and the AI push as positive signs, noting that Dropbox’s stock has held up better than many SaaS peers. Houston, also a Meta board member, expects to stay active in the tech ecosystem while the firm brings in Google veteran Mike Torres as chief product officer.

Read more: https://www.cnbc.com/2026/05/26/dropbox-ceo-drew-houston-ashraf-alkarmi.html

#DrewHouston #AshrafAlkarmi #Dropbox #Meta #MIT

Dropbox CEO Drew Houston to step down

https://www.cnbc.com/2026/05/26/dropbox-ceo-drew-houston-ashraf-alkarmi.html

#HackerNews #Dropbox #DrewHouston #CEOChange #TechNews #Leadership #Transition

Drew Houston Net Worth – CEO of Dropbox.

See here - https://techchilli.com/artificial-intelligence/drew-houston-net-worth/

#DrewHouston #Dropbox #Entrepreneurship #Innovation #businesssuccess