Google’s EMEA Boss to Leave Company after Decade in Post

The logo of Google LLC is shown at an entrance to one of their buildings in San Diego, California, US, October 9, 2024. REUTERS/Mike Blake
The logo of Google LLC is shown at an entrance to one of their buildings in San Diego, California, US, October 9, 2024. REUTERS/Mike Blake
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Google’s EMEA Boss to Leave Company after Decade in Post

The logo of Google LLC is shown at an entrance to one of their buildings in San Diego, California, US, October 9, 2024. REUTERS/Mike Blake
The logo of Google LLC is shown at an entrance to one of their buildings in San Diego, California, US, October 9, 2024. REUTERS/Mike Blake

The man charged with overseeing Google’s operations in Europe, the Middle East, and Asia has stepped down after a decade in post.
Matt Brittin first joined the tech giant as head of UK and Ireland operations in 2007, before rising through the ranks to become vice president of northern and central Europe, and then EMEA president in 2014.
Prior to his time at Google, Brittin spent several years working as a consultant for McKinsey & Co, as well as a stint as commercial director Trinity Mirror, later rebranded as Reach PLC, Reuters reported.
In a post announcing his departure on social media platform LinkedIn, Brittin praised colleagues whose AI advances this week won the Nobel prize for chemistry, and shared advice one of Google’s co-founders gave him when he arrived at the company.
“When I joined Google in January 2007, Larry Page advised me to ‘put the best people you can on important work, and get out of the way.’ It’s been the privilege of my life to try to honor this - working with brilliant teams to help build tech that makes the world better,” he wrote.
Brittin said he would continue running Google’s EMEA operations until a successor had been chosen.



Nvidia Set to Become the World's Most Valuable Company in History

A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)
A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)
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Nvidia Set to Become the World's Most Valuable Company in History

A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)
A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)

Nvidia was on track to become the most valuable company in history on Thursday, with the chipmaker's market capitalization reaching $3.92 trillion as Wall Street doubled down on optimism about AI.

Shares of the leading designer of high-end AI chips were up 2.2% at $160.6 in morning trading, giving the company a higher market capitalization than Apple's record closing value of $3.915 trillion on December 26, 2024.

Nvidia's newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara, California, tech company, Reuters reported.

Microsoft is currently the second-most valuable company on Wall Street, with a market capitalization of $3.7 trillion as its shares rose 1.4% on $498.

Apple rose 0.5%, giving it a stock market value of $3.19 trillion, in third place.

A race among Microsoft, Amazon.com, Meta Platforms , Alphabet and Tesla to build AI data centers and dominate the emerging technology has fueled insatiable demand for Nvidia's high-end processors.

The stock market value of Nvidia, whose core technology was developed to power video games, has nearly octupled over the past four years from $500 billion in 2021.

Nvidia is now worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data. The tech company also exceeds the total value of all publicly listed companies in the United Kingdom.

Nvidia recently traded at about 32 times analysts' expected earnings for the next 12 months, below its average of about 41 over the past five years, according to LSEG data. That relatively modest price-to-earnings valuation reflects steadily increasing earnings estimates that have outpaced Nvidia's sizable stock gains.

The company's stock has now rebounded more than 68% from its recent closing low on April 4, when Wall Street was reeling from President Donald Trump's global tariff announcements. US stocks, including Nvidia, have recovered on expectations that the White House will cement trade deals to soften Trump's tariffs.