Sen. Elizabeth Warren has come out with another bold policy idea. The Massachusetts senator and 2020 Democratic presidential candidate released a plan last Friday to break up “Big Tech” companies in order to “restore the balance of power in our democracy, to promote competition, and to ensure that the next generation of technology innovation is as vibrant as the last.” In the days since she unveiled the proposal, the plan has made waves from South by Southwest to Facebook’s platform itself — dividing experts along the way. “We need to stop this generation of big tech companies from throwing around their political power to shape the rules in their favor and throwing around their economic power to snuff out or buy up every potential competitor,” Warren wrote in a Medium post outlining her proposal. But would her plan actually do that? And which companies would be affected? Here are four things to know about how it would work. 1. Why does … [Read more...] about 4 things to know about how — and if — Elizabeth Warren’s plan to break up the tech giants would work
Advantages and disadvantages social networking
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Samantha Schmidt The Washington Post January 24, 2019 Landing an executive leadership role at a major company often requires making connections with the right people. Graduate students seeking high-ranking corporate jobs are encouraged to build a network of diverse and influential contacts, and avoid cliques.That advice often works — for men. After all, the leaders of corporate America are overwhelmingly men: Women make up fewer than 5 percent of Fortune 500 CEOs and fewer than a quarter of Fortune 500 board members, according to the Pew Research Center.But for women, a new study suggests, networking like a man is simply not enough. For women seeking to break into a leadership position in the corporate world, the key to success may in fact lie in other women. Advertisement A study published this week in the Proceedings of the National Academy of … [Read more...] about Networking like a man isn’t enough. Successful women rely on other women to reach leadership roles, study finds.
HDBank pre-tax profit increases by 65.7 per cent to $ 172.6 million An HDBank branch in HCM City. — Photo courtesy of HDBank The HCM City Development Joint Stock Commercial Bank (HDBank) has announced its results for the fourth quarter of last year and for the full financial year, achieving impressive growth and meeting ambitious targets. Its pre-tax profit surpassed the target approved at the annual general meeting early last year. Its return on equity and return on assets were 20.27 per cent and 1.58 per cent. HDBank’s non-performing loan ratio was tightly controlled at 0.97 per cent, the lowest level in the banking industry. In the fourth quarter, the lender achieved a consolidated pre-tax profit of over VND1.12 trillion (US$48.3 million), up 122.1 per cent year-on-year. This included net interest earning of VND2.16 trillion ($93.1 million), up 23.9 per cent over the same period. With a breakthrough performance in the last quarter of 2018, pre-tax profit for the whole … [Read more...] about BUSINESS NEWS IN BRIEF 24/1
EVFTA opens new era in Vietnam-EU trade ties: Italian experts The factory of the Far Eastern New Apparel Vietnam company in Bac Dong Phu Industrial Park, Binh Phuoc province The EU-Vietnam Free Trade Agreement (EVFTA) is hoped to usher in a new period in promoting cooperation and mutual economic development between the two sides as it comes into effect in mid-2019, according to Italian experts. In a recent interview granted to Vietnam News Agency’s correspondent in Italy, Vietnam’s Honorary Consul in Turin Sandra Scagliotti and Chairman of the Italy-Vietnam Chamber of Commerce Fulvio Albano stressed that the new-generation agreement may mark the beginning of a new era in trade relations between Vietnam and the EU. Negotiations and the legal review have been completed for both the free trade agreement and the one on investment protection. The EVFTA process is now awaiting the Council of Europe and the European Parliament to sign and ratify it. The agreement … [Read more...] about BUSINESS NEWS IN BRIEF 22/1
Hà Nội plans to spend about $16.2m on Tết presents for the poor The elderly are given Tết presents in Hà Nội. — Photo vietnamhoinhap.vn Hà Nội plans to spend about VNĐ378 billion (US$16.2 million) from the city budget to give Tết presents to nearly 872,000 residents. They are beneficiaries, revolutionary contributors, the elderly, retired cadres, poor people, elite citizens and intellectuals. Secretary of Hà Nội City’s Party’s Committee Hoàng Trung Hải said that apart from the support from the city, localities should have policies to support those in need and help them have a warm Lunar New Year Festival. Hải asked departments and sectors to ensure a safe holiday for people, especially foreign tourists. Meanwhile, HCM City said it would spend about VNĐ800 billion ($34.4 million) from its budget to care for those in need, an increase of VNĐ35 billion ($1.5 million) over last … [Read more...] about Social News In Brief