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News in-depthApple Inc
Apple targets Google staff to build artificial intelligence team
...Of these, founders from Musicmetric, Emotient, Silk Labs, PullString, CamerAI, Fashwell, Spectral Edge, Inductiv Inc, Vilynx, AI Music and WaveOne all still work at Apple, according to their LinkedIn profiles...
April 30, 2024
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...Other tech start-ups have made arrangements to help staff pay tax bills on vested RSUs....
April 9, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...Documents from 2023 seen by the FT show ByteDance staff based in China on teams such as safety product operations reporting directly to US-based leaders and some global staff reporting directly to China-based...
April 25, 2024
Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...Established in 2012 in Carvalho’s homeland of Brazil, Wellhub signs up employers who can then offer the platform as a benefit to staff....
April 4, 2024
Citigroup Inc
Citi starts tracking how often private bankers call clients
Wall Street bank’s efforts to jump-start wealth management business have proved unpopular with some staff
February 15, 2024
Digital Media
Independent in talks to take control of BuzzFeed and HuffPost in UK
...Staff in the country will be transferred to its London offices....
February 15, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Chinese business & finance
Baidu executive tells staff: ‘I’m not your mum’
...While there was some improvement after Beijing cracked down on the country’s tech giants in 2021, Qu indicated she still demanded long hours from her staff....
May 9, 2024
Baidu Inc
Baidu executive leaves tech company after ‘I’m not your mum’ outburst
...With the rise of generative artificial intelligence, Li has concentrated staff and resources on turning Baidu into China’s answer to OpenAI....
May 10, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...The group is set to hold a town hall for staff on the US situation on Wednesday....
April 22, 2024
Alibaba
Alibaba to build Vietnam data centre to comply with local storage law
.... ©2024 Nikkei Inc. All rights reserved....
May 9, 2024
LexInsider trading
Insider trading ruling is a warning for executives who get creative Premium content
Admonitions about staff trading in their employer’s shares may now need to be broadened
April 24, 2024
Jemima Kelly
Musk shows us that moral binaries are of little use
...“Hopefully these actions are making it clear that we need to be absolutely hard core [sic] about headcount and cost reduction,” Musk wrote of the latest cuts in a memo to staff on Monday....
May 5, 2024
Electric vehicles
China’s BYD and Neta target Indonesia market with EV investments
.... ©2024 Nikkei Inc. All rights reserved....
May 9, 2024
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...Staff in Europe and the Asia-Pacific region have faced similar issues, according to people familiar with the matter....
April 11, 2024
AI and jobs
Tech companies axe 34,000 jobs since start of year in pivot to AI
...A total of 138 tech companies have laid off staff this year....
February 11, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Tesla Inc
Elon Musk fires Tesla’s entire supercharger team
...The decision took staff by surprise. Will Jameson, who worked in the Tesla supercharger team, wrote on X that Musk “has let our entire charging org go”....
April 30, 2024
Work WatchEmma Jacobs
The ‘smile files’ cheering up gloomy workers
...Some managers also keep files for members of staff, providing evidence for career appraisals....
January 15, 2024
FT Alphaville
Doug Cifu has let FT Alphaville down
...I said this to the staff of the SEC and to Gensler, which is you think that Schwab, Fidelity, Vanguard, Morgan Stanley, E-TRADE, they need to be told where to send their retail orders, like they don’t have...
March 13, 2024
NBC Universal Inc
NBC cuts ties with former Republican party chair McDaniel after backlash
...“I want to personally apologise to our team members who felt we let them down,” NBCUniversal News chair Cesar Conde told staff on Tuesday in a memo seen by the Financial Times....
March 26, 2024
BlackRock Inc
BlackRock cuts 600 staff as asset managers defend profit margins
...BlackRock plans to lay off 600 people, or 3 per cent of its staff, to reallocate resources to faster-growing areas within the $9.1tn money manager including technology, exchange traded funds and private...
January 9, 2024
News in-depthNikkei Asia
Bicycle parts maker Shimano seeks growth with Singapore plant
.... ©2024 Nikkei Inc. All rights reserved....
March 12, 2024
Universal Music Group
Universal Music ends boycott of TikTok with new licensing deal
...In a memo to staff seen by the Financial Times, Sir Lucian Grainge, chief executive of Universal Music Group, said that the “dispute with TikTok has ended with a decidedly positive outcome”, adding that...
May 2, 2024
Rutherford Hall
Never call yourself a futurist
...Anyway it sounds like David Brent telling staff he’s less a boss than a chilled out entertainer. And since they rebranded the business as Abrdn, shouldn’t it be a Ftrst anyway?...
April 8, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024
Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
February 6, 2024

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