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  • COMPANIES SHOULD EXPECT THE BEST BUT PREPARE FOR THE WORST

    COMPANIES SHOULD EXPECT THE BEST BUT PREPARE FOR THE WORST

    News by Editorial Team 18 Dec 2017

    Tact.ai, a CRM centric startup has managed the impossible - to raise money in the same round from the above trio. And understandably so. Tact is aiming to reduce the gulf between data entry and retrieval in a CRM to optimize sales through its voice interface. The business developing function needs much streamlining, seeing that major business imperatives are already being consulted with the AI.

       

    read more at BBC
  • IS LEADERSHIP A PREROGATIVE OF MEN IN THE CYBER SECURITY SPACE?

    IS LEADERSHIP A PREROGATIVE OF MEN IN THE CYBER SECURITY SPACE?

    News by Editorial Team 14 Dec 2017

    Gender bias couldn’t be more evident in this industry, where among the Fortune 500 companies, 87% of Chief Information Security Officers (CISO) are men. Findings of a study also point to the fact that the CISOs are expected to have an MBA, with an inclination of hiring an executive from outside in 59% of the recruitments. 

     

    read more at Financial Express
  • DO EXTRAORDINARY PERKS PLAY A ROLE IN ATTRACTING TALENT?

    DO EXTRAORDINARY PERKS PLAY A ROLE IN ATTRACTING TALENT?

    News by Editorial Team 14 Dec 2017

    2,200 jobs from the non-manufacturing global units will get the boot by the troubled toy maker. Part of its cost saving schema also includes auctioning its factory hubs in Mexico. The restructuring raucous is being initiated to save up to $650 million. The downfall of Mattel’s once great customer Toys “R” Us and a lack of movie franchise partnerships have majorly anchored company shares by 9%.

     

    read more at Business Insider
  • DRIVERS DELIVERING AMAZON PACKAGES WORKING UNDER “HORRENDOUS” CONDITIONS

    DRIVERS DELIVERING AMAZON PACKAGES WORKING UNDER “HORRENDOUS” CONDITIONS

    News by Editorial Team 13 Dec 2017

    Underpaid and overworked, such is the state in which the drivers employed by a third party agency hired by Amazon are employed in. Complainants claim that their schedule is so heavily packed, that they exceed the maximum-work limit in a day, as per the UK law. The Driving & Vehicle Standard Agency has promised a prompt investigation into the matter. 

     

    read more at The Sun
  • FACEBOOK MAKES PUBLIC ITS POLICY ON PROFESSIONAL CONDUCT

    FACEBOOK MAKES PUBLIC ITS POLICY ON PROFESSIONAL CONDUCT

    News by Editorial Team 12 Dec 2017

    The social media giant wants to contribute towards this aspect of businesses as the COO, Sheryl Sandburg understands that “the more companies are open about their policies, the more we can all learn from one another”. Sincere efforts reflect in the company’s memorandum that appears to be more stringent than some government legislation.

     

    read more at Thw News Minute
  • THIS IS WHERE IT ALL STARTS, ROBOTS AS WAITERS!

    THIS IS WHERE IT ALL STARTS, ROBOTS AS WAITERS!

    News by Editorial Team 12 Dec 2017

    A restaurant in Chennai, India, is serving a glimpse of the future along with drinks on the rocks. The place that itself is named Robot, employs them to channel food to tables. Though not ready yet, to take orders, but soon new capabilities will be added to make them more efficient. Talk about employment generation, wonder how safe the restaurant staff feels about job-security. 

     

    read more at WION
  • APPLE MUSIC TO BE REVAMPED WITH THE ACQUISITION OF SHAZAM

    APPLE MUSIC TO BE REVAMPED WITH THE ACQUISITION OF SHAZAM

    News by Editorial Team 12 Dec 2017

    The song recognition app has been confirmed to be bought by Apple. With the acquisition, Apple stands to profit directly from using the expertise of Shazam to rival Google music, which also has a song recognition feature. The move came as Shazam was struggling to redefine their business model with revenues only touching the $54 million mark, last year.  

     

    read more at The Verge
  • ITS MORGAN STANLEY THIS TIME, TO BE PLAGUED BY PROFESSIONAL MISCONDUCT

    ITS MORGAN STANLEY THIS TIME, TO BE PLAGUED BY PROFESSIONAL MISCONDUCT

    News by Editorial Team 08 Dec 2017

    The 2005 housing boom, which saw young workers touch 11.7 million has dropped to 10.2 million. This was in 2016 but the picture looks no better today. The lure of employment has shifted to the digital economy which promises a life-long experience of relentless learning. That said, the lack of labor would only contribute towards rising house prices coupled with a shortfall in construction project delivery.

     

    read more at Fortune
  • McDONALD’S “MISFIRES”, BY ALLEGEDLY LAYING-OFF AUTISTIC MAN

    McDONALD’S “MISFIRES”, BY ALLEGEDLY LAYING-OFF AUTISTIC MAN

    News by Editorial Team 08 Dec 2017

    Angelica Martinez, sister of 19-year old Alex Martinez, claims her brother was fired for having “shaky-hands” within the first week of employment. Alex, who was open about his autism since the start, stated that the message was conveyed to his grandmother than him. The owner of the franchise has promised action following detailed questioning of his team.  

     

  • LIGHTNING MAY STRIKE TWICE FOR FEMA

    LIGHTNING MAY STRIKE TWICE FOR FEMA

    News by Editorial Team 08 Dec 2017

    The Federal Law constitutes regulation as per which some of the federal employees’ payment could be capped. This comes as bad news for the staff of the Federal Emergency Management Act (FEMA) who clocked in extra-time and were paid as such. As a consequence, paid-employees will be billed in the upcoming months for the sum exceeding the legal threshold limit.  

     

    read more at Fortune
  • TIME COMMEMORATES THE #MeToo MOVEMENT

    TIME COMMEMORATES THE #MeToo MOVEMENT

    News by Editorial Team 07 Dec 2017

    In a year that saw public figures rocked by sexual assault allegations, Time magazine has chosen to honor the work of those who spearheaded this change. Among those who made it to the cover are Susan Fowler, Adam Iwu, Ashley Judd & Taylor Swift. Ironically the announcement was first televised on NBC’s Today show, the last anchor of which, Matt Lauer, was fired for similar allegations.

     

    read more at The Guardian
  • GENERAL MOTORS, FINALLY PUTS THE WORD OUT FOR SELF-DRIVEN CARS

    GENERAL MOTORS, FINALLY PUTS THE WORD OUT FOR SELF-DRIVEN CARS

    News by Editorial Team 06 Dec 2017

    In a statement that its competitors will take as a warning, GM will roll-out its self-driven cars by 2019. As if waiting for the best time to announce, after studying Uber and Ford, the car manufacturer sees great potential in error-less driving leading to congestion-free roads, something of a dream if you ask people! GM has been poaching talent across industries to realize its goals. 

     

    read more at Fortune
  • GOOGLE TO HIT HIRING-SPREE

    GOOGLE TO HIT HIRING-SPREE

    News by Editorial Team 06 Dec 2017

    Instead of grappling to hire 11th-hour candidates and risk customer experience, Kohl’s has begun staffing solutions 5 months in advance. Filing positions for its 300 outlets, experienced retail employees will be incentivized with 15% discounts on purchases along with competitive wages. The recruitment strategy is being lauded by the experts given the fact that Kohl’s would face stiff competition from Amazon & Walm  

    read more at The Guardian
  • FACEBOOK’S POLICIES FACING STIFF CHALLENGE OF CENSORSHIP

    FACEBOOK’S POLICIES FACING STIFF CHALLENGE OF CENSORSHIP

    News by Editorial Team 06 Dec 2017

    The temporary ban on the profiles of Marcia Belsky and a few others for using “hate speech”, has many wondering about their means of expression. The comedian who posted “men are scum” in reply to a post, was banned for violating the company’s moderating directives. The guidelines censor content which is explicit in nature and projected towards race/cast/color among other things.

     

    read more at The Guardian
  • APPLE CEO TALKS ABOUT HUMANIZING AI TECHNOLOGIES AT CHINA’S WIC

    APPLE CEO TALKS ABOUT HUMANIZING AI TECHNOLOGIES AT CHINA’S WIC

    News by Editorial Team 04 Dec 2017

    Tim Cook, while speaking at China’s World Internet Conference (WIC), called for technologies which are open and humanized with human values and still offer the refuge of privacy and safety. Specifically talking about AI, he said “I don’t worry about machines thinking like humans. I worry about people thinking like machines”(Sic).

     

    read more at Bloomberg
  • MCKINSEY REPORT OUT: AUTOMATION WILL TAKE AWAY 800 MILLION JOBS BY 2030

    MCKINSEY REPORT OUT: AUTOMATION WILL TAKE AWAY 800 MILLION JOBS BY 2030

    News by Editorial Team 04 Dec 2017

    McKinsey Global Institute, in its recent report covering 46 nations and 800 occupations, stated- machine operators, back-office employees, and fast-food workers up to the margin of 800 million workers may lose their jobs to automation by 2030. What remains to be seen is how the professions evolve on skills and talent to keep up with the latest advancements.

     

    read more at Bloomberg
  • NON-PAYMENT OF SALARIES LANDS WAYNE BURT PRECISION TECHNOLOGIES IN SOUP

    NON-PAYMENT OF SALARIES LANDS WAYNE BURT PRECISION TECHNOLOGIES IN SOUP

    News by Editorial Team 04 Dec 2017

    Wayne Burt Precision Technologies Pte. Ltd., a Singapore-based oil and gas equipment manufacturer is under the scanner for failing to pay, 24 employees, their salaries. The Ministry of Manpower (MOM) charged the company with 91 charges under Singapore’s Employment Act (EA) which lays down an example, in sternest voice, about the employee rights and employment obligations.

     

    read more at MOM Singapore
  • MALAYSIAN AVIATION PLEDGES TO BRING TO FRUITION ITS SOCIETAL DUTIES

    MALAYSIAN AVIATION PLEDGES TO BRING TO FRUITION ITS SOCIETAL DUTIES

    News by Editorial Team 30 Nov 2017

    In a commendable gesture, Malaysian Aviation Group pledged a no-tolerance policy in its fight against human & wildlife trafficking. In an age where commercial success tops board-room agenda, acts like this that give back to the society are rare to be seen. The group would extend the help of its resources to report to governmental authorities, suspicious activities leveraging its air-power.

     

    read more at Malaysia Air
  • NOT EVERY LEAVE OF ABSENCE IS DUE TO ALLEGATIONS OF “MISCONDUCT”!

    NOT EVERY LEAVE OF ABSENCE IS DUE TO ALLEGATIONS OF “MISCONDUCT”!

    News by Editorial Team 30 Nov 2017

    Andy Rubin, who earlier led Google’s Android Division & now heads the tech-venture Essential, is in the news supposedly for asking a temporary leave of absence. The reason, as per company sources relates to his personal life. Sceptics, however, were quick to point out that a Googler who worked under Andy had reported him to his ex-employer for misconduct.

     

    read more at Fortune
  • UPSKILLING TO KILL AI-INSPIRED EMPLOYEE PURGE

    UPSKILLING TO KILL AI-INSPIRED EMPLOYEE PURGE

    News by Editorial Team 29 Nov 2017

    Job-security shouldn’t be an issue for a skilled-workforce as long as it keeps itself abreast with the latest demand. This is the mantra being embraced by the United Overseas Bank (UOB) who is looking forward to imparting a new set of expertise to 900 personnel. The group shall be subject to training in various disciplines of the finance industry.

     

    read more at Straits Times

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