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Ten years after Apple founder Steve Jobs' death, the firm has grown into a colossus of devices and services that is the world's most valuable company, but the tech legend's diehard fans lament its lost aura of revolution.
"Apple doesn't innovate anymore" or "Steve Jobs is turning in his grave" are the type of disillusioned tweets that pop up especially during product launches led by Tim Cook, who took Apple's reins in August 2011. READ MORE
A shortage of technology talent has Indian companies offering sweeteners like more vacation time and gender-neutral parental leave as they compete for graduates and professionals. One Bangalore startup is trying a more dramatic solution: a three-day work week.Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate. This is a win-win approach that frees the workers to pursue other passions or interests -- or other gigs -- while still locking in a steady pay and benefits from Slice, said Rajan Bajaj, the company’s founder. READ MORE
It was all going so well. Successful vaccination programmes were driving the post-pandemic recovery of the global economy, stock markets were back at record highs, and prices were rising just enough to make deflation fears a thing of the past.
But a supply crunch that initially put a question mark over the availability of luxury cars or whether there would be enough PlayStations under our Christmas trees is instead morphing into a full-blown crisis featuring a shortage of energy, labour and transport from Liverpool to Los Angeles, and from Qingdao to Queensland. READ MORE
Employees at Telhio Credit Union are already used to having their internal communications monitored to ensure compliance with US financial rules. But Telhio, which is based in Columbus, Ohio, and has over 250 employees, recently began watching for something else, too: indications of unconscious and overt bias in emails, texts, and phone calls. READ MORE
New car sales plunged over the last three months in the United States despite strong demand, as the shortage of computer chips and other supply chain issues caused shutdowns at auto factories and choked off the supply of vehicles.
General Motors reported sales fell a third from a year-ago last quarter, and they were off 40% from the same quarter of 2019 before the pandemic roiled the car market. Sales at Stellantis, the company formed by the merger of Fiat Chrysler and France's PSA Group, fell 19% from a year ago, and 27% from the pre-pandemic period. READ MORE
Have an instant craving for a bag of chips or ice cream and don't want to run out to the store? A new breed of startups in the United States is trying to deliver to customers with the munchies in as little as 10 minutes.
Companies such as Gopuff, Gorillas, Getir, 1520, Jokr, Buyk and Fridge No More are expanding delivery services in major US cities, and they're putting pressure on traditional grocers, convenience stores and e-commerce players to offer delivery options within minutes, instead of hours. READ MORE
As the chip shortage continues to disrupt different sectors—perhaps most notably automotive—investors have flooded money into the design and processing of chips at a never-before-seen rate.
This rush to invest also comes at the same time more tech giants have unveiled plans to design their own chips—something that likely is not a coincidence. READ MORE
Seafarers, truck drivers and airline workers have endured quarantines, travel restrictions and complex Covid-19 vaccination and testing requirements to keep stretched supply chains moving during the pandemic.
But many are now reaching their breaking point, posing yet another threat to the badly tangled network of ports, container vessels and trucking companies that moves goods around the world. READ MORE
The National Labor Relations Board released a memo Wednesday stating that college football players and many other athletes should be regarded as employees, paving the way for athletes to unionize and negotiate their working conditions.
NLRB General Counsel Jennifer Abruzzo also threatened action against schools, conferences, and the NCAA if they continue to use the term "student-athlete," saying that it was created to disguise the employment relationship with college athletes and discourage them from pursuing their rights. READ MORE
Initial public offerings (IPO) globally slowed in the third quarter of 2021 from their previous frenetic pace, but the number of listings in the first nine months of the year still was the highest since the dotcom bubble of 2000, according to Refinitiv data.
IPOs in the third quarter raised a total of about $94.6 billion, down 26.3% from the second quarter, as activity cooled due to a summer slowdown and U.S. scrutiny of Chinese listings following Beijing's crackdown on DiDi Global Inc just days after its New York IPO. READ MORE
There is an inconvenient truth about modern employment: Many people hate their jobs. Even before the pandemic, a global Gallup poll found that approximately 85 percent of people were not engaged at work.Two-thirds of Americans reported feeling negatively about their work, while 25 percent of British sick days can be traced back to stress generated in the workplace. READ MORE
Generation Z, individuals currently between the ages of 16 and 24, may become the most entrepreneurial generation the world has ever seen.
The reasons for that involve sweeping cultural and sociological trends. The key enablers of those next-gen founders will be modern digital technologies: Social networks that make reaching large audiences possible; knowledge platforms that teach valuable business skills; and the cloud, which makes it possible to build solutions quickly, flexibly and cost-effectively. READ MORE
Diversity, equity and inclusion (DEI) is increasingly becoming a fundamental part of doing business, according to a new WorldatWork study.
“Trends in DEI Practices and Policies” shows that both management and employees see dramatic increase in DEI activities in the workplace. The study’s findings support what many observers have been saying: The social movements of 2020 and 2021, such as Black Lives Matter, provided an “a-ha” moment to business leaders. Instituting workplace DEI initiatives went from sounding like a noble concept to being a top-priority action item. READ MORE
Delta Air Lines made waves when it recently announced a $200 monthly health insurance surcharge for unvaccinated employees. Now, experts say many other employers may soon follow suit.
New data proves the strategy may be quite effective in boosting vaccination rates among unvaccinated workers. READ MORE
An epic game of employee musical chairs is unfolding across industries as workers are voluntarily leaving their jobs in record numbers. Twenty-five percent of workers say they expect to leave their job this year, according to a recent survey from Prudential. In April alone, nearly four million people quit their jobs: the most on record. As a result, companies across industries are scrambling to deal with this so-called “turnover tsunami.” READ MORE
For a year and a half, a lack of computer chips has been plaguing the auto industry, forcing plants to shut down, delaying auto shipments and sending car prices through the roof. But that's not the only problem automakers face.
Industry experts say automakers are having trouble getting all manner of parts and raw materials for a variety of reasons, including Covid-related plant shutdowns by suppliers, logistical problems involving shortages of ships, shipping containers and truck drivers, and difficulty that some suppliers are having filling jobs. READ MORE
Startup electric truck company Rivian has pulled off a manufacturing miracle by managing to launch both an all-new brand and vehicle in the face of the semiconductor shortage and supply chain constraints that have hamstrung the entire auto industry for the past year. READ MORE
InterActive Corp., the digital media company founded by Barry Diller, is in advanced discussions to acquire magazine publisher Meredith Corp.
The Wall Street Journal, citing people familiar with the talks, said a deal would value Meredith at more than $2.5 billion. The Iowa-based company, which recently sold its local TV stations to Gray Television, publishes People, Better Homes & Gardens and Entertainment Weekly. Meredith closed a $1.34 billion deal for Time Inc. in 2018, but People ended up being the only tentpole brand to stay under the tent. Time, Fortune and Sports Illustrated were sold in separate transactions after Meredith determined they did not fit with its female-skewing lifestyle holdings. READ MORE
Now instead of administering vaccines and filling prescriptions, he’s helping customers make sense of concentrates, tablets and lozenges. His pay is 5 percent lower, he said, but the hours are more manageable.
“I am so much happier,” said Zvokel, 46, who’s worked in retail since he was 18. “For the first time in years, I’m not miserable when I come home from work.” READ MORE
George Farmer, the CEO Parler, told FOX Business’ "Mornings with Maria" Friday, Facebook was "almost certainly" trying to censor free speech after it published guidelines to offer more information about how content is distributed on the platform.
"They promoted content that they believe is in line with their ideological views and they demote content which they find to be outside the purview of mainstream conversation," Farmer told host Maria Bartiromo. READ MORE