After the “New York on Pause” order went into effect on March 22, almost 900,000 people in New York City alone were furloughed or laid off. As New Yorkers sheltered in place, ridership on the city’s subways and buses declined by 90%. The city also saw a surge in COVID-19 cases, with over 200,000 infected and more than 20,000 deaths. … [Read more...] about Transit plan to send New Yorkers back to work: ‘Improvise’
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If you can remember back that far, a husband presents his wife with the gift of a tech-enabled stationary bike, and she proceeds to document her journey embarking on the interactive fitness platform. The reaction was so sudden and divided that even Ryan Reynolds jumped in and put Peloton Wife in an Aviation Gin response ad. … [Read more...] about Peloton goes from marketing punchline to ESPN programming with new ‘All-Stars Ride’
However, the tribunal "has erred in not granting vital reliefs, including proportionate representation on the board of Tata Sons, and striking down of certain provisions in the articles of association, which were the tools of oppression that enabled prejudicial conduct by the majority shareholder," it said. … [Read more...] about SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order
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?
Trump signed an executive order Thursday that could take away social media companies’ current exemption from civil suits stemming from harmful content posted to the platforms by users. That exemption is part of Section 230 of the Communications Decency Act, which was written back in 1996 by Congressmen Ron Wyden of Oregon and Chris Cox of California and has been called the “internet’s First Amendment.” … [Read more...] about Trump’s new executive order is a ‘mugging of the First Amendment,’ says Sen. Wyden