The problem with CEOs What upsets me is how so few other CEOs take this view. The irony is that owners of smaller companies, such as Joe Fugere at our client Tutta Bella Neapolitan Pizzeria in Seattle, have demonstrated more willingness to sacrifice for their people than CEOs with vastly more resources. Amazon’s sales are up 26% and Jeff Bezos’s net worth has increased by $32 billion so far this year, and yet Amazon announced it’s cutting the measly $2 per hour hazard pay it had offered to its warehouse workers and drivers, and it has refused to give them sick leave. Laurene Powell Jobs is laying off 20% of the staff of The Atlantic, which she owns, despite a net worth of $25.5 billion. Elon Musk, who has added $13 billion to his net worth just so far this year but has furloughed employees and cut pay, is fighting stay-at-home orders and threatening to move Tesla’s headquarters out of California if he can’t resume production. Imagine what a huge … [Read more...] about I’m a tech CEO. Here’s why I’m not taking a salary during COVID-19
Authoritarianism government leaders
In his documentary Deep Web, Winter gains exclusive access to Ulbricht’s family and key operators of Silk Road for an engaging breakdown of one of the most seminal cyber cases in recent history. Winter wades into the murky allegations of Ulbricht’s murder-for-hire plots, the mystery of Silk Road ambassador(s) “Dread Pirate Roberts,” and the raging debate over online anonymity and the cryptocurrency Bitcoin to extract a narrative that breathes humanity into the nether regions of the web and challenges how the media covers and the government prosecutes cyber crimes. … [Read more...] about How New Doc “Deep Web” Shines A Light On The Dark Net
The COVID-19 pandemic not only disrupted launch schedules of new cars but also the production plans of manufacturers. Since then, through trial-and-error methods, carmakers are looking to get back on their feet. From zero sales in April, the industry made a noteworthy jump in sales in June. But how much of the gain comes from actual retail demand? In today’s auto wrap of the week, we take a look at this aspect. But first here is a detailed look at what made headlines in the auto space this week. … [Read more...] about This week in Auto: Has real demand picked up?
Ganesh Mani, director, manufacturing operations, HMIL, said: “We are preparing ourselves for the third shift. We are preparing our vendors and manufacturing lines as well. Once things are lined up, we will operationalise it. We expect it to happen within a week. We can operate the plants at 80 percent capacity from the 40 percent level in June. That is a 100 percent jump.” … [Read more...] about Demand hits new peak at Hyundai as company starts third shift
"I appeal to Sachin Pilot and all his fellow MLAs to join today's Legislature Party meeting. While expressing your faith in the ideology and values ??of the Congress, please make your presence felt and strengthen the hands of Sonia Gandhi and Rahul Gandhi," Pande tweeted. … [Read more...] about Rajasthan political crisis: Congress appeals to Sachin Pilot to join CLP meeting