Yahoo Japan is telling its 8,000 employees they can work anywhere in the country — and even be flown into work when the job requires it — bucking the trend of companies looking to return workers to offices in the third year of the coronavirus pandemic. The program takes effect April 1 and allows employees to commute by plane, which wasn’t previously an option, the company said in a statement Wednesday. While Yahoo is best… Source link
Read More »Work Anywhere and Commute by Plane, Yahoo Tells Japan Employees
(Bloomberg) — Yahoo Japan is telling its 8,000 employees they can work anywhere in the country — and even be flown into work when the job requires it — bucking the trend of companies looking to return workers to offices in the third year of the coronavirus pandemic. Most Read from Bloomberg The program takes effect April 1 and allows employees to commute by plane, which wasn’t previously an option, the company said in a statement Wednesday. While Yahoo is best known for its internet… Source link
Read More »Google tells employees it won’t raise everyone’s wages to keep up with inflation
Google parent company Alphabet announced its fifth quarter in a row of record profits ($18.9 billion) and second straight quarter of record revenue ($65.1 billion) in October, but a company executive told employees that Google wouldn’t automatically adjust their salaries to account for inflation. According to CNBC, Google’s VP of compensation Frank Wagner told employees at a company all-hands meeting on December 7th that Google doesn’t “have any plans to do any type of… Source link
Read More »Kareem Abdul-Jabbar tells unvaccinated ‘let’s get with it’
Kareem Abdul-Jabbar has been outspoken in his advocacy for the COVID-19 vaccine, and he has a message for the 5% of NBA players who still have not gotten it. “Lives are at stake. It’s important here. People are dying,” Abdul-Jabbar told Yahoo Sports. “The ignorance that has been perpetrated and the misinformation that has been spread around everywhere has made it impossible for people to get an understanding of what is going on. “People who say they haven’t finished doing the research yet,… Source link
Read More »Google tells court ‘staggering’ $5 bln EU antitrust fine flawed
Google urges EU court to scrap or cut record fine EU regulators say fine is significantly below cap LUXEMBOURG, Sept 30 (Reuters) – A 4.34 billion euro ($5 billion) European Union antitrust fine was based on flawed calculations, Alphabet’s (GOOGL.O) Google said on Thursday, urging Europe’s second-highest court to scrap or reduce what it said was not an appropriate penalty. Google was fined for using its Android mobile operating system to thwart rivals and cement its dominance in general… Source link
Read More »Google tells EU court payments to phone makers gave Android a chance against Apple
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave Google says payments merely a promotional opportunity EU says they are pinnacle of illegal interlocking practices EU court judgment likely next year LUXEMBOURG, Sept 29 (Reuters) – Payments to phone makers to pre-install only Google Search on their devices were not aimed at preventing competition but were necessary for Android to seize market share from… Source link
Read More »Gold Stalls as UBS Tells Buyers ‘Get Out’ Before Losses Worsen
(Bloomberg) — Gold slipped after finishing strongly last week, with UBS Group AG warning investors to rethink their bullion holdings as the global economy recovers and the greenback strengthens into next year. Bullion had been clawing back some ground over the past week after better-than-expected U.S. jobs data sent prices tumbling on bets the Federal Reserve may start paring back massive monetary stimulus soon. This week, investors will parse through a speech by Chair Jerome Powell, as well… Source link
Read More »Everybody take the week off, Wall Street firm tells staff
By David French and Jessica DiNapoli NEW YORK (Reuters) – No calls, no emails and no meetings. That’s the order this week from Aquiline Capital Partners to its staff. The private equity firm is putting all employees on vacation, people familiar with the matter said. It’s an unusual move intended to recognize employees and avoid burnout from the physical and mental pressure of the COVID-19 pandemic and the frenetic pace of dealmaking. Aquiline has more than $6 billion in assets and over 60… Source link
Read More »Musk tells court he dislikes being Tesla CEO as SolarCity trial opens
By Tom Hals and Sierra Jackson WILMINGTON, Del. (Reuters) – Elon Musk insisted in court on Monday he does not control Tesla Inc and said he did not enjoy being the electric vehicle company’s chief executive as he took the stand to defend the company’s 2016 acquisition of SolarCity. The lawsuit by union pension funds and asset managers alleges the celebrity CEO strong-armed Tesla’s board into wasting the company’s assets to buy SolarCity, which was running out of cash. Musk at the time… Source link
Read More »Rick Carlisle reportedly tells Mavericks he won’t be back
The Dallas Mavericks continue to undergo a complete makeover this offseason. Longtime coach Rick Carlisle has reportedly told the team he will not return as its coach next season, according to ESPN’s Adrian Wojnarowski. Carlisle has been with the team for 13 seasons. He led the team to its 2011 NBA championship. In his 13 seasons with Dallas, Carlisle has a 555-478 record. He still had two more years left on his current contract with the team. In a statement, Carlisle said it was completely… Source link
Read More »