Groq’s founder says his ‘terrible’ leadership cost his company 3 to 4 years

Jonathan Ross, Groq’s former CEO, says his steep learning curve as a founder came at a hefty cost.”I was a terrible leader. I was one of the world’s worst leaders when I started,” Ross said on an episode of the “Founders” podcast released on Sunday. He recounted his management mistakes early in the chipmaker’s journey.”The first thing that you have to do as a founder is you have to go from the technical thing that…

Business

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Oil prices hover near pre-conflict levels as OPEC+ boosts output again

Oil prices hovered near pre-conflict levels Sunday after OPEC+ agreed to increase production again, adding to global crude supplies as exports through the Strait of Hormuz continued to recover following months of disruption. The oil-producing alliance said it will raise output targets by 188,000 barrels per day beginning in August,…

Investing

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