In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
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Other platforms may be less proactive. After the 2016 election and a bruising Congressional inquiry into Facebook’s ability to control its social network, the site amassed a team of fact-checkers to flag false information (though not to take it down). Political ads, however, have an exemption when it comes to fact-checking. Facebook CEO Mark Zuckerberg sees policing political information as fundamentally different from health content. In a conversation with journalists in March, he explained his perspective on this issue: “There are broadly trusted authorities . . . [that] can arbitrate which claims are conspiracy theories or hoaxes and what’s trustworthy and what’s not, which makes this a very different dynamic than trying to be referee of political speech.” He reiterated that sentiment this week when he told Fox News that he didn’t think tech platforms should be “arbiters of truth,” an apparent dig at Twitter’s decision to flag … [Read more...] about As health misinformation and politics collide, social networks face a choice
And that’s where the opportunity comes in: New platforms with missions and models that don’t require endless controversy and conflict may have an opening. There’s a window where venture capitalists may be more likely to invest. There’s a window to focus on individual, niche areas of social engagement without having to worry as much that Facebook or Snap is just going to hire 10 engineers to do the exact same thing. There’s now time to develop a product, attract customers, grow and evolve. Whatever happens next, the uncertainty around Section 230 creates a climate for innovation in social networking that hasn’t existed in years. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?
Innovation from diversity: Silicon Valley has long been obsessed with disrupting existing but inefficient industries with new software-based tools. The future opportunities will come from creating solutions for the mass market and particularly for the underserved. This change will not just be philosophical. It will also require greater diversity in both hiring and capital distribution. Companies need to continue to bring more people in from all walks of life for all types of positions. They need to capture the talent and perspective of those that understand problems intimately and from a unique angle. Venture capitalists too will need to look outside of their typical bubble of hopeful technology stars in the Valley, usually led by white American men. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate
Even if the order passed muster in the courts, its workability is questionable. It may enlist the Federal Trade Commission to review complaints about anti-conservative bias from consumers. It could enlist the Federal Communications Commission to reexamine social media’s obligations under Section 230. One FCC commissioner, the Democrat Jessica Rosenworcel, is already expressing doubt. “Social media can be frustrating, but an executive order that would turn the Federal Communications Commission into the president’s speech police is not the answer,” she said in a statement Thursday. … [Read more...] about Trump’s new executive order is a ‘mugging of the First Amendment,’ says Sen. Wyden