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  • JIA YUETING REFUSES TO RETURN TO CHINA AMIDST INVESTIGATION

    JIA YUETING REFUSES TO RETURN TO CHINA AMIDST INVESTIGATION

    News by Editorial Team 04 Jan 2018

    The Billionaire founder of the Chinese company LeEco, who stepped down as the CEO, was demanded by the regulators to return from the US. Jia, who retained the position as the Chairman, claims his wife and brother have the authority to act on his behalf. Yueting is on a visit to the US running a campaign for fundraising.   

     

    read more at BBC
  • A POTENTIAL APPLE-NETFLIX MARRIAGE COULD ECLIPSE THE DISNEY-FOX MERGER

    A POTENTIAL APPLE-NETFLIX MARRIAGE COULD ECLIPSE THE DISNEY-FOX MERGER

    News by Editorial Team 03 Jan 2018

    The Latter is being talked about as a major acquisition which could require Disney to shell out an estimated $52 Billion. However, that number could be dwarfed if Apple decides to bring Netflix into its basket. A deal, analysts say has a 40% chance of happening. If the rumors turned true, the phone-maker would have to splurge $85-$105 Billion.   

     

    read more at Tech Spot 
  • GOOGLE STIRS CONTROVERSY, BANNING EMPLOYEES FROM POSTING NEGATIVE REVIEWS

    GOOGLE STIRS CONTROVERSY, BANNING EMPLOYEES FROM POSTING NEGATIVE REVIEWS

    News by Editorial Team 02 Jan 2018

    In a new update, the search engine would make amends, baring former employees from posting negative reviews of their employer. This, as it tries to make its Google Map reviews both reliable and honest. The changes would involve major updates for the company’s Google my Business app. 

     

    read more at Independent
  • L’OREAL TO PROMOTE SCIENCE AS A CAREER STREAM TO PRIMARY GIRLS

    L’OREAL TO PROMOTE SCIENCE AS A CAREER STREAM TO PRIMARY GIRLS

    News by Editorial Team 01 Jan 2018

    A study commissioned by the beauty products manufacturer found that by the age of six, girls start to develop an instinctive refrain from subjects like science and mathematics. As a result, the brand has decided to get popular female dignitaries to visit primary schools and educate primary school children to pursue careers in STEM.     

     

    read more at Loreal
  • TIM ADVISED TO FLY ONLY ON PRIVATE JET

    TIM ADVISED TO FLY ONLY ON PRIVATE JET

    News by Editorial Team 29 Dec 2017

    Apple’s renowned CEO incurred costs of up to $93,109 the past year on personal travel expenses. This, compounded by the expenses of his personal security compelled Apple to arrange for a private jet for Tim’s business/personal trips. It seems the worlds’ most valuable publicly traded company would take extraordinary measures to keep its executives happy. 

     

    read more at BBC
  • STAFF SHORTAGE IN THE I.T SECTOR COULD TRIGGER MORE CYBER ATTACKS

    STAFF SHORTAGE IN THE I.T SECTOR COULD TRIGGER MORE CYBER ATTACKS

    News by Editorial Team 28 Dec 2017

    Be it Intel Corp’s Brian Krzanich or Barnes & Noble Inc. CEO Demos Parneros, when it comes to company policies, the boards seem in no mood of handing a gratuitous leeway. Six weeks in to his CEO shoes and Texas Instruments’ Brian Crutcher is the latest to join the 2 aforementioned names in high profile exits. All over actions incongruous with the official norms. Corporate po  

    read more at The Guardian
  • YEOVIL HOSPITAL TO MOVE STAFF OWING TO A NEGATIVE BALANCE SHEET

    YEOVIL HOSPITAL TO MOVE STAFF OWING TO A NEGATIVE BALANCE SHEET

    News by Editorial Team 28 Dec 2017

    Heavily burdened by a deficit of £13.1 million this year alone, Yeovil Hospital has decided to shift 360 staff members to another firm, Simple Serve. The change has been sanctioned to take place by February 1st. While the hospital authorities state that the staff service would be considered continuous, the members themselves claim that it would have an adverse impact on care.

     

    read more at BBC
  • IS THERE AN END TO THE SEXUAL ASSAULT ALLEGATIONS?

    IS THERE AN END TO THE SEXUAL ASSAULT ALLEGATIONS?

    News by Editorial Team 27 Dec 2017

    In a letter addressed to company personnel, Vice Media Inc.’s co-founders admitted that they had “failed” the company. This, emerging from the story that was published by the New York Times wherein more a dozen sexual allegations have been fronted. The company, in the wake of this disaster, has replaced its Head of human resource & introduced a new COO as well.

     

    read more at Fortune
  • EX-TICKETMASTER CEO URGES PEOPLE TO MAKE THE MOST OF HOLIDAYS

    EX-TICKETMASTER CEO URGES PEOPLE TO MAKE THE MOST OF HOLIDAYS

    News by Editorial Team 27 Dec 2017

    In a recent tweet, former Ticketmaster CEO Nathan Hubbard pointed out the importance of working through the last weeks of December. Though the post met with some harsh reviews, Hubbard seems to resonate with the increased share of people who will work during holidays. This is backed the study which claims 84% of the offices plan to remain open during festivities. 

     

    read more at Fortune
  • GOOGLE FIRES SENIOR AI RESEARCHER FOLLOWING SEXUAL ASSAULT ALLEGATIONS

    GOOGLE FIRES SENIOR AI RESEARCHER FOLLOWING SEXUAL ASSAULT ALLEGATIONS

    News by Editorial Team 27 Dec 2017

    Steven Scott, an ex-Googler was fired from the company following a stream of women coming forward and reporting him for sexual misconduct. Kristian Lum, whose account of an experience with Scott, has garnered attention, said that the incidents made her exit the academic field. AI, which would soon come to dominate our lives, seems highly plagued by such injustices.

     

    read more at The Guardian
  • MAJOR EMPLOYERS NAMED IN LAWSUIT FOR AGE-DISCRIMINATION

    MAJOR EMPLOYERS NAMED IN LAWSUIT FOR AGE-DISCRIMINATION

    News by Editorial Team 26 Dec 2017

    While many Silicon Valley start-ups subsidize food for employees, it is the Mountain View Council’s stand that local restaurant holdings should monetize the opportunity. Hence, as per the law enacted in 2014, enterprises leasing space in the region can subsidize staff meals provided they deal with the surrounding eateries, only. Facebook is the first tenant to move in to the area circumscribed by the law.

    read more at Fortune
  • FOES TURN FRIENDS, AS DARA NAMES BARNEY HARFORD UBER’S COO

    FOES TURN FRIENDS, AS DARA NAMES BARNEY HARFORD UBER’S COO

    News by Editorial Team 26 Dec 2017

    Moya Greene, the outgoing CEO of the Royal Mail might not have the best of farewells as the shareholders of the company refuse proposal to hike her compensation package. An overwhelming 70.17% votes said a vociferous ‘No’ at the annual meeting. With controversial past salary disclosures, Royal Mail would consult other representative bodies come autumn, rather than lock horns with their shareholders.

     

    read more at Bloomberg
  • ERIC SCHMIDT STEPS DOWN AS ALPHABET BRACES FOR CHANGE

    ERIC SCHMIDT STEPS DOWN AS ALPHABET BRACES FOR CHANGE

    News by Editorial Team 26 Dec 2017

    Having spent the last seven years as the Executive Chairman of Alphabet, Eric Schmidt will now serve in the capacity of a technical advisor to the company. Schmidt, whose tenure saw seven successful years at the top feels that “the time is right in Alphabets’ evolution for this transition”. The interim shall see a non-executive chairman in place. 

     

    read more at CNN
  • ALL’S THERE TO BE DONE, WITH A 37% GENDER PAY GAP

    ALL’S THERE TO BE DONE, WITH A 37% GENDER PAY GAP

    News by Editorial Team 21 Dec 2017

    Around 10% of the workforce will receive a pay-boost commencing this fall. The action has been called forth following an introspection of the yester year company policies, something that forced an apology from CEO Mark Parker in his town hall address. Nike’s workplace norms were becoming more of an issue with brand President Trevor Edwards, rumored to have exited the company failing to qu  

    read more at BBC
  • WHAT IF YOU COULD RECEIVE YOUR SALARY IN BITCOIN?

    WHAT IF YOU COULD RECEIVE YOUR SALARY IN BITCOIN?

    News by Editorial Team 21 Dec 2017

    GMO Internet which already has its fingers in the bitcoin business will now transfer the salaries as bitcoins, that is if its employees choose. The option has been made available to 4000 professionals of the GMO family. Japanese companies along with the bureaucracy show a strong favor of the cryptocurrency wave & such steps reflects their urge to spread awareness of the same.

     

    read more at The Guardian
  • NEW ZEALAND PM, GETS A BEFITTING GIFT FROM SECRET SANTA

    NEW ZEALAND PM, GETS A BEFITTING GIFT FROM SECRET SANTA

    News by Editorial Team 21 Dec 2017

    In a frenzy that has the entire world in its grips, New Zealand’s government organized nation-wide secret Santa gift swapping. Its youngest PM in about a century and a half, Jacinda Ardern participated and received an X-mas tree to mark the occasion. In return to she anonymously sent forward a book and somebody cream which was received by a female citizen, Rebecca Terry. 

     

    read more at The Guardian
  • HEAVILY UNDERSTAFFED NHS STRUGGLES TO FILL IN POSITIONS

    HEAVILY UNDERSTAFFED NHS STRUGGLES TO FILL IN POSITIONS

    News by Editorial Team 20 Dec 2017

    Repeated failure of National Health Services to staff vacant positions has caused the organization to bleed without healing. As much as 42, 855 nurses, 11, 187 doctors and 12,219 nurse support workers are needed to bring the situation to normal. The situation being so dire, there is a looming danger over the patients who have their reservations regarding their treatment.

     

    read more at The Guardian
  • AMAZON UK MIGHT FACE INVESTIGATION OVER MISLEADING CLAIMS

    AMAZON UK MIGHT FACE INVESTIGATION OVER MISLEADING CLAIMS

    News by Editorial Team 19 Dec 2017

    Workout programs for employee wellness have either been copy-pasted or reinvented time and again. Perhaps that’s why businesses are increasingly leaning towards the likes of Exos, which remodels fitness programs combining that with post-workout meals. Given that the startup is serving 25 of Fortune 100 companies, it's safe to say, as employers sweat it out in the fight for retention, employees are assured a promising return.

     

    read more at The Guardian
  • IS GENDER EQUALITY AN ISSUE OR ARE MEN THE REAL VICTIMS?

    IS GENDER EQUALITY AN ISSUE OR ARE MEN THE REAL VICTIMS?

    News by Editorial Team 18 Dec 2017

    Though a relatively small number, yet, employers are opening up to the possibility of making employee salaries public. Having become a vote-bank political tool, perhaps the awakening of sooner than later has struck U.S employers like CareHere, FogCreek and Hired who plan to reveal the salary brackets for all profiles. It has been argued that transparent pay equities would contribute to the productivity upon justifying the worth of an individua  

    read more at Fortune
  • BRAIN, MADE BETTER WITH A CHIP IN IT

    BRAIN, MADE BETTER WITH A CHIP IN IT

    News by Editorial Team 18 Dec 2017

    The recently released “Your Commute” feature on the world’s largest professional network is all set to make “the long commute to work” history for employers and prospective employees. The feature, which integrates with the mobile app, will also feature in job postings on the network and provide the added advantage of showing jobs in preferred locations to candidates. The move is welcomed by the majority as 85% of Americans “would tak  

    read more at The Guardian

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