Especially during the ongoing global health crisis and subsequent stay-at-home orders, employees are learning how to work remotely, and companies are weighing some of the costs and benefits to this new remote world. Many companies in the Bay Area have already drastically expanded their work-from-home policies, some like Facebook have banned group meetings over 50 until 2021, and Twitter has gone so far as to allow remote work for all employees indefinitely. If a new normal includes such liberal remote work policies and the limited ability to congregate, Silicon Valley may lose some of its purpose as a technology hub as teams get distributed across the country and even the world. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate
Largest tech companies
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
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?
Intas Pharma has explored the IPO route earlier but put the listing plans on hold due to market conditions. It is a vertically integrated global pharmaceutical formulation development, manufacturing, and marketing company. It has set up a network of subsidiaries, under the umbrella name of Accord Healthcare to operate in global markets. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
As an investor in early-stage technology startups, I’m excited by the possibility of seeing something new. We’re often reluctant to look seriously at companies in the social networking space because competing with the incumbents seems virtually impossible. But Facebook, YouTube, Twitter, and Snap aren’t going to be able to convert their business models overnight. They’re going to spend a few years fighting this issue in Congress and in the courts. And they’re going to do everything possible to prove that they’re not monopolistic and don’t deserve antitrust scrutiny and regulation, which will limit their willingness to squash innovation. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?