Share to Twitter Share to Linkedin InnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here . S ome of the most iconic images from the war in Ukraine include pregnant women evacuating a maternity hospital bombed by Russian forces. The dispatches from Mariupol in March showed blatant violations of international human rights law that prohibit attacks on healthcare facilities and transport. The World Health Organization has confirmed 253 attacks on healthcare and 75 related deaths in Ukraine so far this year. But these attacks aren’t an isolated occurrence. In 2021, there were 1,335 incidents of violence or obstruction against health facilities and workers across 49 countries, according to the latest report from the Safeguarding Health in Conflict Coalition released this week. This included the damage or destruction of three-quarters of the healthcare facilities in Ethiopia’s Tigray region, where this an … [Read more...] about InnovationRx: Wartime Attacks On Healthcare: Plus, 1 In 5 May Develop Long Covid
Isis public execution
Peter Anthony found guilty of falsifying documents, sentenced to three years in jail
- A + A KUALA LUMPUR (May 26): Former Sabah infrastructure development minister Datuk Peter Anthony has been found guilty of forging a letter in 2014 from the office of the Universiti Malaysia Sabah (UMS) deputy vice-chancellor for a system maintenance contract work. In delivering her judgement orally on Thursday (May 26), Sessions Court Judge Azura Alwi said that the defence had failed to raise reasonable doubt on the prosecution's case, while the prosecution had proven its case beyond any reasonable doubt. She added that although there was no direct evidence, there was circumstantial evidence to show that the former vice-president of Parti Warisan Sabah had indeed forged the said document for his benefit. "The court finds that although there is no direct evidence to suggest that you have falsified [the document] by [writing] the title, there are circumstantial evidence and testimonies [to show that] only you have the opportunity to falsify and these testimonies … [Read more...] about Peter Anthony found guilty of falsifying documents, sentenced to three years in jail
Twitter holds annual shareholder meeting amid uncertainty with Elon Musk deal
New York (CNN Business) Twitter on Wednesday held what could be its last annual shareholder meeting as a public company for a long time after Elon Musk agreed to take it private in a $44 billion deal . But the meeting took place against the backdrop of ongoing drama over Musk's attempts to pause the deal, and his publicly pushing back at the company's executives on issues including the prevalence of spam accounts and content moderation decisions. Twitter ( TWTR ) now operates under a cloud of uncertainty about the fate of the transaction, and how Musk could upend the business , whether the acquisition goes through or not. Twitter CEO Parag Agrawal joined Wednesday's meeting alongside a handful of other executives to answer shareholder questions. He started by saying they wouldn't address the acquisition, but he suggested the deal is moving forward. "We are working through the transaction process," Agrawal said. "For regulatory and other … [Read more...] about Twitter holds annual shareholder meeting amid uncertainty with Elon Musk deal
Combative, reticent, confident: The many shades of Zomato CEO Deepinder Goyal during the company’s first analyst call
Deepinder Goyal At analyst calls, questions come fast and furious at a company’s management as the street is hungry for answers on earnings and is searching for vital signs for the coming quarters. But what happens if the CEO happens to be reclusive and media-shy at that? Add to that, the —unusual—reluctance the company has shown in participating in such post-earnings meets. That was the case with Zomato and its co-founder and CEO Deepinder Goyal when they decided to field questions from a bunch of analysts on Tuesday, a day after the food delivery platform reported that its net loss in the March quarter had widened to Rs 359 crore even as revenue zoomed 75 percent YoY to Rs 1,211 crore. Zomato was celebrated as a trailblazer last year after it became India’s first internet unicorn to list on the bourses.But as it so often happens in markets, that is so last year. The company has since received flak for its averseness to answer questions from investors and analysts. And … [Read more...] about Combative, reticent, confident: The many shades of Zomato CEO Deepinder Goyal during the company’s first analyst call
Global Chip Supply-Demand Imbalance Is Spurring Industry Change: NXP CEO Kurt Sievers
Share to Twitter Share to Linkedin As the global semiconductor industry approaches mid-year, demand continues to exceed supply, spurring changes in the government role in the industry and in the way suppliers partner with customers, NXP Semiconductors CEO Kurt Sievers said in online presentation at Taiwan’s biggest annual technology fair on Tuesday. The industry in the past two years has been “pretty challenged,” said the leader of Eindhoven, Netherlands-headquartered NXP, one of the world’s largest chip suppliers, particularly to an auto industry facing transformation toward electric vehicles and away from traditional internal combustion engine technology. “Pretty much after the pandemic was hitting the world in the beginning of 2020, the demand for semiconductors saw an unprecedented growth — I would almost call it an explosion of demand,” Sievers said. The increase, he said, has been in part due to the acceleration of “edge” computing that moves … [Read more...] about Global Chip Supply-Demand Imbalance Is Spurring Industry Change: NXP CEO Kurt Sievers
Sports Illustrated ‘Is On Fire Right Now’
Share to Twitter Share to Linkedin The problem, in recent years, is that there aren’t enough people who care about it. The hard-hitting observation—and partial truth—was a line in “What Will Become of Sports Illustrated?” published in The Ringer on April 11, 2018. As much a part of the American fabric as baseball, hot dogs and apple pie, Sports Illustrated , the go-to source for sports for more than 60 years, “seems to be dying” penned Michael MacCambridge, who also wrote The Franchise: A History Of Sports Illustrated Magazine a decade prior. At the time, he wasn’t lying. Sports Illustrated publisher Time Inc. laid off or bought out 300 employees in June 2017. Magazine subscribers were down from 3.2 million a decade prior to 2.75 million. The once-weekly magazine trimmed its number of issues from 50 to 46 in 2016, then again to 38 a year later. SI was reduced to a biweekly publication in 2018 as subscribers and advertisers abandoned print … [Read more...] about Sports Illustrated ‘Is On Fire Right Now’
Storyboard18 | Former Storyboard editor Anant Rangaswami passes away
Senior journalist Anant Rangaswami passed away on Tuesday, May 24, 2022. (File photo) Anant Rangaswami, senior journalist and advertising industry professional, passed away on Tuesday morning. Condolences started pouring in from industry executives who remember him as a straightforward, inquisitive and a deep-thinking individual who contributed immensely towards the media and advertising fraternity. Rangaswami was well-recognised in the media and advertising fraternity. In his over two-decade-long career, he held roles at multiple media organizations and also worked with an advertising agency. He was most recently serving as the editor of Melt , an advertising and marketing magazine and portal. Advertising old-hand and chairman, RK SWAMY HANSA Group, Srinivasan K. Swamy, remembers Rangaswami as someone who would indulge in healthy and intellectual debates. “Anant is believed to be an argumentative person holding his own views on a variety of things. But my experience with … [Read more...] about Storyboard18 | Former Storyboard editor Anant Rangaswami passes away
Emily Weiss Steps Down As Glossier CEO Months After Company Layoffs
Share to Twitter Share to Linkedin Topline Glossier Founder Emily Weiss on Tuesday wrote on Instagram she will step down as the company’s CEO and remain as executive chairwoman months after major layoffs at the beauty brand. Key Facts Weiss—who appeared on Forbes’ 30 Under 30 List in 2014 —said she had named Kyle Leahy, a former executive at Cole Haan and Nike, to replace her as CEO effective immediately. In the Instagram post, the 37-year-old said she was “not going anywhere,” but just taking more time to focus on serving as Glossier’s founder as well as “areas that I love” including “product, creative” and “brand.” The announcement comes after Glossier cut more than 80 employees—a third of its corporate staff—including many technology team members, in January 2022 after the company became “distracted” by other projects, Weiss said after the layoffs. In a statement , Weiss said she reflects every year on whether she is “the … [Read more...] about Emily Weiss Steps Down As Glossier CEO Months After Company Layoffs
Bolt layoffs hit fintech startup
- A + A (May 26): Payments startup Bolt Financial Inc. is eliminating about 250 employees, according to a person familiar with the company. That number is equivalent to about one-third of Bolt’s workforce, the person said. In a message to staff on Wednesday, Bolt Chief Executive Officer Maju Kuruvilla wrote that the company was making cuts as part of a broader restructuring. “It’s no secret that the market conditions across our industry and the tech sector are changing,” Kuruvilla wrote in the message, which was also posted to the company’s blog. “In an effort to ensure Bolt owns its own destiny, the leadership team and I have made the decision to secure our financial position.” The company began holding meetings with employees Wednesday morning. Bolt was most recently valued by investors at US$11 billion, a price tag that made it one of the most valuable startups in the US. The company’s software aims to provide retailers with one-click online checkout options. But … [Read more...] about Bolt layoffs hit fintech startup
‘Fearless Girl’: State Street Global Advisors’ CMO On The Rationale, The Controversy And What’s Next
Share to Twitter Share to Linkedin (DON EMMERT/AFP/Getty Images) A small bronze sculpture of a little girl in a defiant pose has garnered enormous worldwide attention since it first appeared in early March on the eve of International Women’s Day on Wall Street. “Fearless Girl” stands facing iconic sculpture “Charging Bull,” created decades ago by artist Arturo di Modica; she was conceived by State Street Global Advisors, the asset-management business of State Street Corp., and its advertising agency, McCann Worldwide. As much as it has received attention, providing the perfect selfie sidekick for curious visitors and beloved by supporters of its intended message of empowerment and hope, it has nevertheless spurred controversy too. For one thing, some people didn’t react well when it became clear that it was a marketing move on the part of SSGA to promote the appointment of women on corporate boards and, via a plaque on the ground in front of … [Read more...] about ‘Fearless Girl’: State Street Global Advisors’ CMO On The Rationale, The Controversy And What’s Next