Vietnam joins Southeast Asian effort on cross-border payments
JAKARTA Vietnam's central bank signed an agreement on Friday to be part of an initiative by five other
2023-08-25 12:21
A Tiny Factory Is Handcrafting $11,000 Mics for Justin Bieber, Dr. Dre
Eiko Higuchi took a job in an audio factory employing people with disabilities after an accident left her
2023-08-25 09:27
US department stores see higher credit delinquencies amid strained spending
By Katherine Masters and Ananya Mariam Rajesh Major U.S. department stores including Macy's and Nordstrom are flagging delays
2023-08-25 07:17
Republican Debate Draws 12.8 Million Viewers on Fox Channels
About 12.8 million people watched the first Republican presidential primary debate of the 2024 election season, an event
2023-08-25 06:59
Australia's Wesfarmers logs 5% annual profit rise on strong segmental growth
(Reuters) -Australia's retail giant Wesfarmers recorded a 4.8% rise in its full-year profit on Friday, boosted by strong performance by
2023-08-25 06:29
Zoom CEO raises eyebrows by saying people need to go back to the office
Zoom CEO Eric Yuan told staff an all-hands meeting earlier this month that he wants employees to return to in-person work because Zoom is making them too “friendly” and unable to build trust. “Over the past several years, we’ve hired so many new ‘Zoomies’ that it’s really hard to build trust,” Mr Yuan says in the audio, which was obtained and first reported by Insider. “We cannot have a great conversation. We cannot debate each other well because everyone tends to be very friendly when you join a Zoom call.” Mr Yuan’s thoughts were accompanied by action: On 3 August, Zoom instituted a new policy requiring employees who live within 50 miles of a physical Zoom office to report to work at least two days per week. The return to the office policy at Zoom is striking considering that it was the Covid-19 pandemic and resulting stay-at-home orders that turned the platform from one few people had ever heard of to a part of everyday life for millions. But Mr Yuan is not alone among senior executives at tech firms. Apple, Meta, and Amazon have all instituted return-to-work policies in recent months, angering employees who have enjoyed the increased flexibility afforded by work-from-home policies. Since Covid-19 vaccines have facilitated the re-opening of the economy, workers and bosses in many sectors have clashed over the importance of in-person work and the ability of companies to exercise control over their employees whereabouts and schedules. Some, like Zoom and a number of other tech companies, have adopted hybrid policies in which workers are required to come into the office on certain days of the week but are allowed to work from home on others. But even those companies have faced backlash from workers, many of whom were hired at a different stage of the pandemic when most or all work at their respective companies was being conducted remotely. Mr Yuan’s comments, which were not meant for public consumption, may provide a measure of insight into how he and other top executives truly feel about Zoom and remote work more broadly — suggesting that it somehow limits innovation by not allowing for the sometimes uncomfortable kinds of interactions that can build trust. Mr Yuan, who was born and raised in China, moved to Silicon Valley during the late 1990s. He founded Zoom more than a decade ago and became a multibillionaire during the pandemic. Read More Maui residents are still reeling from wildfire devastation. Now investors and realtors are trying to cash in
2023-08-25 03:30
Whirlpool is fined $11.5 million by US agency over hazardous cooktops
Whirlpool agreed to pay an $11.5 million civil fine to resolve charges by the U.S. Consumer Product Safety
2023-08-25 03:17
Canada to start planning how it will make internet giants pay for news
OTTAWA The Canadian regulator responsible for implementing the country's online news law on Thursday said it will start
2023-08-25 00:53
DeSantis Vows to Send US Military Into Mexico to Stop Fentanyl Labs
Republican presidential candidate Ron DeSantis pledged to send US special forces into Mexico to destroy fentanyl labs, disrupt
2023-08-25 00:27
Meta to launch AI model for writing computer codes
Meta Platforms on Thursday said it would release an artificial intelligence (AI) model designed to assist in writing
2023-08-24 21:53
China's Meituan swings to profit on food delivery rebound, flags headwinds
By Casey Hall SHANGHAI (Reuters) -Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue,
2023-08-24 20:56
Employment figure hits record high in Republic of Ireland
The percentage of people aged 15-64 who are in work in the Republic of Ireland is at an all-time high.
2023-08-24 20:52