Category: News & Politics

Robinhood’s CEO

Elon Musk Question Robinhood’s CEO For This Reason

Robinhood’s CEO Vladimir Tenev faced a torrent of questions from Elon Musk for halting Reddit GameStop investors from buying just when the stock witnessed a meteoric rise.

Musk grilled Tenev on Clubhouse, an exclusive audio app, and he asked the moderators to turn the volume on so that everyone invited to the session could hear what excuse Tenev had to offer for that fault.

What did Elon Musk ask to Vladimir Tenev?

Elon-Musk

The CEO-to-CEO showdown went over 90 minutes in which Musk asked many disturbing questions to Tenev that latter said that some questions into conspiracy theories. The discussion started with the first question about what made the trading app to halt buying on the hottest stocks of the market at some point last week.

He asked Tenev to spill the beans as people were eager to know why they couldn’t buy GameStop shares. Robinhood ordered freezing of GameStop shares exactly when the stock was high in demand. And the action resulted in online ire and subsequent questioning by Elon Musk.

What was the reason of Robinhood’s action of freezing shares of certain companies?

Robinhood … Read the rest

Settlement Of Pay Biases

Google Will Pay $2.6 Million In Back Pay In Settlement Of Pay Biases

Google has been found guilty of underpaying women and unfairly passing over women and Asians in job openings and the Office of Federal Contract Compliance Programs has asked the tech giant to $3.8 million that includes $2.6 million in back pay, towards settlement of the allegations.

What are the allegations against Google?

It was found that from 2014 to 2017 Google underpaid 2,783 women employees in its software engineering group in Mount View, California and Seattle area. Also, there were hiring rate differences between disadvantaged women and Asian employees in 2017. They were all software engineers attached to San Francisco, Sunnyvale, California and Kirkland, Washington.

What is the settlement achieved for the allegations?

In settlement, Google is asked to pay $2.6 million to 5,500 employees and review its hiring and salary practices. Also, the tech giant is asked to assign $1.25 million for pay adjustments for engineers working in Mountain View, Kirkland, Seattle and New York over the next five years. Also, the unused funds, if any, will be set aside for diversity efforts at Google.

How did Google react to the settlement?

The first … Read the rest

Brighton-vs-Tottenham

Brighton vs Tottenham: The Spurs Paid A Price For Harry Kane’s Absence

Brighton & Hove Albion defeated Tottenham Hotspur in a closely fought match where the host could score only one goal but they effectively prevented the away team from even equaling the single goal.

Tottenham Hotspur relegated to 6th place with 33 points

It was the 20th match of Spurs but they could make little difference to their points tally that was stuck at 33 only. It was the second defeat of the team in a week after they lost a game on Thursday to Liverpool by 3-1 score. Tottenham Hotspur were playing without their striker Harry Kane that got injured in an earlier match. Manager Jose Mourinho brought Gareth Bale as replacement but the Welshman was largely peripheral.

Playing out of the form, Jose Mourinho’s Spurs missed many opportunities of equaling the goal in the first half but they couldn’t. The manager also felt that his boys were probably too sad with the lead Brighton took over them. He felt lack energy in his team due to the goal. Spurs even changed their formation by bringing Carlos Vinicus on front to assist Bale but it didn’t prove fruitful.

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Forbes Lists America’s Women

Forbes Lists America’s Women Of Substance

This year, Forbes has raised its list of richest self-made women entrepreneurs, executives and entertainers in the US from 80 to 100. These are women of substance that have delivered results wherever they worked.

Rihanna ($600 Million), Cosmetics & Music

In 2019, her cosmetics company Fenty Beauty raised over $600 million in profit. The same year, her Savage x Fenty lingerie line raised over $50 million from investors. Also, her Clara Lionel Foundation raised $22.5 million for pandemic relief fund.

Whitney Wolfe Herd ($575 Million), Dating App

In November 2019, she became CEO of online dating group Bumble that reportedly plans to go public in 2021. The Bumble deal came her way when Blackstone bought the group in a $3 billion deal from its Russian owner, Andrey Andreev.

Donna Carpenter ($350 Million), Snowboards

She builds snowboarding gear and apparel with a brand name of Burton that was credited with making a hobby into a mainstream sport by launching a modern snowboard. She was CEO of the company until February last year when she was made chair of the board.

Gwynne Read the rest

Forbes’-100-Digital-Stars-List

Amitabh Bachchan Ranks 4 On Forbes’ 100 Digital Stars List

Forbes has just released its much-awaited list of 100 Digital Stars highlighting actors, actresses, singers, bands, and TV stars and hosts from Asia-Pacific region. These stars have amazed the digital world by their social media presence and also worked for the betterment of the society at large.

Here’re the top 10 celebrities from the list

Blackpink, Band, South Korea

The band topped the Billboard Artist 100 chart in October but its members are much ahead in ranking. Lisa (23), Jennie (24), Rose (23) and Jisoo (25) are the most followed Instagram celebrities in Korea.

Jackson Yee (20), Actor and Singer, China

A member of the band TFBoys, Yee won the Best New Performer award at the 39th annual Hong Kong Film Awards event for his debut movie Better Days (2019). Also, he commands over 86 million following on Weibo.

Davika Hoorne, Actress, Thailand

Also known as Mai Davika, she was selected for the Best Actress nomination at Thailand’s Nataraja Awards for her role in the TV series My Ambulance. Also, with 12 million followers, Davika is second most popular Instagram … Read the rest

All-New-Tata-Safari

Did You See The All-New Tata Safari?

Tata Motors released the video of all-new Safari ahead of the delivery of the much-awaited SUV later this month. The SUV was first unveiled as Gravitas at the Auto Expo 2020 is now presented as Safari. The video highlights all the important features of the SUV.

The next generation SUV

The video starts with a blue color Safari coming out of a hanger in an aerodrome and starting running on the runway just like an airplane does. Here the Tata Motors want to project the new Safari in a new way. The SUV parks in the mid of airfield and awaits its owner who lands from a chopper.

Exterior

First is the majestic stance of the SUV and then the camera moves towards the chrome studded tri-arrow front grille and then showcases the iconic roof rails with Safari branding. The tyre size is R18 and they come with machined alloys. The man from the chopper sits in the SUV and the camera goes towards the back to show signature twin light LED tail lamps.

Interior

The man sits inside the SUV and fixes the seat … Read the rest