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Read More »bne IntelliNews – Sanctions against executives: a blow to good corporate governance in Russia
Sanctions against Russian companies and individuals have become a common tool for Western governments to exert pressure on the country’s domestic and foreign policy. However, a new study published in Russia’s main business daily Kommersant finds that sanctions targeted against executives – as opposed to oligarchs or politicians – may have unintended and long-term… Source link
Read More »Google parent to lay off 12,000 workers in latest blow to tech sector
Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images Google’s parent Alphabet is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday, in the latest cuts to shake the technology sector. Sundar Pichai, Alphabet’s CEO, said in a staff memo shared with Reuters that the company had rapidly expanded headcount in recent years “for a different economic reality than the one we face today.” “I take full responsibility for the decisions that led us here,” he said. The cuts… Source link
Read More »India’s top court rejects Google plea to block Android antitrust ruling in major blow • TechCrunch
Google has been dealt a significant blow in one of its key overseas markets. India’s Supreme Court on Thursday declined to block an antitrust order that requires the Android-maker to make a series of changes that could topple its financial viability. India’s apex court rejected to block the ruling against Google by the nation’s antitrust watchdog Competition Commission of India. The court extended the deadline for enforcement of CCI’s order by one week,… Source link
Read More »Russell Gage leaves Cowboys-Bucs game to hospital after frightening blow to head, neck
Russell Gage left Monday’s game on a backboard and was transported to a hospital. (Mike Ehrmann/Getty Images) Tampa Bay Buccaneers receiver Russell Gage left Monday’s playoff game against the Dallas Cowboys on a backboard after a frightening injury late in the game. He was taken to a local hospital to be evaluated for a concussion and neck injury. Cowboys safety Donovan Wilson made contact with Gage’s head after an incomplete pass late in the fourth quarter of an NFC wild-card game. Gage fell… Source link
Read More »Google Says Antitrust Penalty A Strike Blow At Digital Adoption In India
Elon Musk’s latest 180 is yet another blow to Donald Trump’s fledging media company
Donald Trump is fighting to get his media company off the ground and into public markets, but Tesla CEO Elon Musk keeps getting in his way with his effort to buy Twitter (TWTR). Shares of Digital World Acquisition Company (DWAC) — the blank-check company aiming to merge with Trump’s Truth Social — dropped over 4% on Tuesday on the news that Musk was reversing course and planned to purchase Twitter for $44 billion after initially trying to back out of the deal in July. Tuesday’s decline… Source link
Read More »Canelo Alvarez blows out Gennadiy Golovkin even though judges blow it yet again
Canelo Alvarez overcame egregious scorecards to remain the undisputed super middleweight champion Saturday. (Photo by Sarah Stier/Getty Images) LAS VEGAS — Thankfully, Saturday was the end of the rivalry between Canelo Alvarez and Gennadiy Golovkin, because the judges just can’t seem to get it right when those two are in the ring. Alvarez cruised to a one-sided victory over Golovkin in their rubber match at T-Mobile Arena, winning a unanimous decision to retain his undisputed super… Source link
Read More »Colts tie Texans after comeback falls short, leading to huge survivor pool blow
The Indianapolis Colts’ season-opening non-winning streak is alive and well. The Colts and Houston Texans tied 20-20 on Sunday at NRG Stadium, marking a ninth straight season that the Colts have failed to win a season-opener. That’s the longest active streak in the NFL, and tied for the second-longest in league history. Colts quarterback Matt Ryan is still searching for his first win with his new team. (AP Photo/David J. Phillip) The Philadelphia Eagles also lost nine straight… Source link
Read More »Google’s Crackdown On Employee Trips Is Another Blow To Business Travel Recovery
Business travel has not recovered as quickly as leisure travel. getty Google has told its senior managers to limit employee travel only to “business critical” trips, according to a leaked internal email seen by The Information. No more team off-sites or social functions, and no more in-person meetings when a virtual option is available. Moving forward, Google’s executives were told, there will be a “high bar” for what is now deemed critical. Last month, Microsoft asked employees to cut… Source link
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