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After successful tests in Europe, the global banking firm has decided to introduce bot-trading in the Asian and US markets. The AI (officially LOXM) has reportedly exceeded expectations, having learned from simulated/real time trades in the past. it can execute orders pertaining to buying & selling, with the decision of what to buy & sell still in the clients’ hands.
The country has become the first in the world to introduce absolute pay-parity within its borders. Men & women will now earn equally. The decision came from a legislative decision on Women’s Day last year. As per the law, companies with an employee-base of more than 25 are law-bound to declare their pay policies for bo
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.
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.
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
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 o
Martyn Gilham, who used to drive for Midlands agency was informed that he might be liable to pay damages for the robbed articles. The Amazon-associated vendor told Martyn that he could further lose his job upon not complying. The driver in-turn has hit out at Amazon and criticized the working conditions of people alike.
United Kingdom’s second-largest construction company has raised the alarm-bells for its’ 20,000 strong workforces, by deciding to liquidate. Company sources continue to blame the £900 million debt as the Government refuses to bail it out. An already catastrophic state could become apocalyptic, adversely affecting
An analysis which was to be presented to the cabinet was embarrassingly leaked, adding to the Theresa May’s blushes. The report, supposed to be kept secret, claims that after weighing all the options the United Kingdom could see its National Income take a plunge. Depending upon the agreement, the dip could vary from 2% to 8%.
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.
The disaster which led to the leak of 600-tons of nuclear fuel still has regions with life-threatening levels of nuclear waste. Yet, the Tokyo Electric Power Company is striving to mend the power plant by deploying robots. Much is left to speculation, as parts of the town still receive food supply through drones.
Facebook which is aiming to train more than half a million people in Asia by 2020 has launched it's digital training hubs. Ritesh Mehta, Head of Programs, Facebook, India & South Asia, was heard saying, “We want more people to have the opportunity to build their skills, build a business or build something for their community — because investing in people can lead to incredible things.
Research carried out by VoucherPro UK has recently revealed that in the recent past, an astonishing one in four women workers in the UK have been warned about their appearance. This massive workplace gender discrimination study also shed light on the most common complaints that included wearing too much makeup, wearing a skirt that’s too short, or wearing a top that’s too revealing. Men were also warned, but chose to ignore, the report stated.
The AI-blitzkrieg is all about getting rid of the redundancy. A recent report claims that the UK alone stands on the verge of losing up to 3 million jobs by 2030. But all shall not be lost. It is also estimated that nations of the sizes comparable to that of the United Kingdom are likely to generate 80,000 jobs annually, accredited to A
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.
The world’s most valuable technology company has announced the appointment of its new HR head, Deirdre O’ Brien. O’ Brien is one of the early guards at Apple and had joined the company in 1988. Highly praised by Tim Cook himself in his statement about her appointment, he called her “ the glue that bonds our sales, operations, marketing, and finance teams.” The position has been renamed “Vice President of People”, according to its press release.
Of the 300 employees that were recently fired from the company on grounds of low-productivity, many are now alleging the car-maker of forcing them into separation agreements. These would prohibit them from publicly criticizing the company and its CEO Elon Musk. Tesla followed up its recent annual reviews by mass layoffs, which many claims, are meant to protect miscreants favoring discrimination in the workpl
The BBC recently revealed the salaries earned by the corporation’s highest paid employees and it has been a topic of intense debate since then. Gender pay disparity, as was speculated earlier, is staggering in UK’s largest broadcasting house, with top earner Chris Evans earning £ 2, 220, 000 annually, five times more than the top female earner Claudia Winkleman whose earnings stood at £ 450,000 to £ 500,000 per year.
Three companies have been heavily fined by the Ministry of Manpower over failure to ensure safeguards against accidents. Two out of three companies, namely Cummins Asia Pacific & Woodlands Transport Services have been fined $80,000 & $130,000 respectively, for the death of a prime mover driver each. The third, Sterling Engineering will pay $280,000 in fines for another accident, back in 2014.
Pilot-tests will affect few Disney hotels located in Orlando, Florida, where the ‘DND’ shall be substituted with ‘Rooms occupied’. The housekeeping shall have the right to enter the room, upon announcing their presence and knocking on the door. Following the turn of events in the Las Vegas shooting, even Hilton has decided to follow Disney’s