CEO Financial News

Mint showed. The study - Market Moves Insights 2020-2023 , showed that 85% of the top hires in 2023 were made by established companies, and 15% by companies backed by private equity (PE) and venture capital (VC). In the previous year, the figure for the startup sector stood at 29%.

Millions of American workers are paying for early access to their paychecks. In some cases, it can come with a steep price.

Johannes Läderach, CEO of the family run luxury chocolate business, on a recent visit to India, told Mint."Though there is a free-trade agreement being negotiated between India and Switzerland which could be very helpful. This is because India is at the highest end of customs duties across the 20 markets we operate in. The duties are very complicated too based on varieties of chocolate being imported," he said.

OnePlus 12 series at the ‘Smooth Beyond Belief’ event on January 23. The two smartphones: OnePlus 12 and OnePlus 12R come with a powerful chipset, vibrant display and a 100W fast charger which is claimed to refill the battery in around 26 minutes. The OnePlus 12 is powered by the flagship Qualcomm Snapdragon 8 Gen 3 SoC while the OnePlus 12R is powered by last year's premium Snapdragon 8 Gen 2 chipset.

By Tim Hepher and Rajesh Kumar Singh

Meta Platforms is hoping Apple’s launch of the Vision Pro can reinvigorate its $50 billion metaverse effort, which consumers have yet to widely embrace. The social-media company wagered its reputation on the technology in 2021, changing its name to reflect an expansive vision that the future would rest in immersive virtual worlds. Three years later, Meta’s Reality Labs division accounts for less than 1% of overall revenue, and the company has struggled to expand the cache of its Quest devices beyond a niche market.

E-commerce major Flipkart co-founder Binny Bansal has resigned from the company's board, according to a company statement. The development comes after around six months of Bansal selling an entire stake in the company. "I am proud of the Flipkart Group's achievements over the past 16 years.

Social media company X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting child abuse content, a goal it hopes to complete by the end of the year, an X executive said on Saturday. The Elon Musk-owned company announced the new «Trust and Safety center of excellence» ahead of a U.S. Senate hearing on Jan. 31 about online child sexual exploitation. X Chief Executive Linda Yaccarino is scheduled to testify, along with the CEOs of Meta Platforms, Snap, TikTok and Discord.

Boeing 737 Max 9 jetliners are carrying passengers in the United States again for the first time since they were grounded after a panel blew out of the side of one of the planes. Alaska Airlines resumed a limited number of flights with its Max 9s on Friday. United aims to follow suit on Sunday, but a spokeswoman said the airline might use them as spare planes Friday or Saturday. Those are the only two U.S. airlines that operate this particular model of the Boeing 737. After seeing video of the frightening flight of a plane with a gaping hole in its side, passengers might reasonably be asking questions about safety. The Federal Aviation Administration has detailed the process that airlines must follow to inspect — and if necessary, repair — the panels called door plugs, one of which broke loose on Alaska Airlines flight 1282 on Jan. 5. The plugs are used to seal holes left for extra doors on the Max 9 when an unusually high number of seats requires more exits for safety reasons. FAA Administrator Mike Whitaker says his agency's review of everything that has happened since the accident, including gathering information about inspections of door plugs on 40 other planes, gives him confidence that they will be safe so long as the new inspection process is followed.

Ubuy has said that it has joined forces with Canadian fintech company Nuvei Corporation to expand its global footprints. The company said the collaboration will empower Ubuy to tap into Nuvei’s alternative payment methods (APMs) and leverage the fintech company's global reach and local payment market expertise. The integration with Nuvei will allow Ubuy to enter new markets seamlessly.

blog post alleged that under the false pretense of compliance and concessions, Apple has put forward a new plan 'that is a complete and total farce'. He argued, "Apple is nothing if not consistent. While they have behaved badly for years, this takes the level of arrogance to an entirely new place.

According to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companies. So far in January, 91 tech companies have already fired 24,564 employees.

Elon Musk on Saturday joined the debate around Apple's App Store changes in the European Union (EU) ahead of the Digital Markets Act (DMA) in March, saying these changes are «very concerning». The world's richest man reacted to Spotify CEO Daniel Ek who posted on X that Apple's DMA announcement is, «at best vague and misleading».

identity fraud. One of the most prevalent forms of cybercrime is Know Your Customer (KYC) fraud, where cybercriminals exploit weaknesses in the identity verification process. KYC fraud is evolving rapidly, presenting new challenges and threats to individuals and businesses.

Galaxy AI features based on Gemini foundational models. This includes advanced AI-based real-time call translation, summarization, and text format features tailored for the Chinese audience. Reportedly, one notable feature making its way to the Galaxy S24 phones in China is a localized version of Google's 'Circle to Search' functionality.

Wipro filed against two former executives including its former CFO Jatin Dalal, there's no such thing as an amicable parting. At startup Bharat Pe, Ashneer Grover was controversially ousted from the firm he helped found, after it accused his family of misappropriating the company’s funds.

Betterment at Work has rolled out a product that lets small businesses automatically match workers’ student loan payments with 401(k) contributions.

Those grounded Boeing jets are coming back starting Friday

Denim giant Levi Strauss & Co. says that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year

Former West Virginia coal executive Don Blankenship has filed paperwork to run for Joe Manchin's U.S. Senate seat

business class passengers, catering to the rising demand. After two sluggish years due to the pandemic, airlines have not only seen a rousing revival in corporate travel, boosting occupancy in the business class, but also a new class of leisure travellers willing to spend more for extra legroom and other perks. Deepak Rajawat, chief commercial officer of Vistara, said the debate over whether the pandemic would drive a shift towards work-from-home and reduce business-related travel has been put to rest. «There has been a phenomenal increase in the percentage that we carry in the front end,» he said, referring to business class flyers. Air India, under its new owner Tata group, is seeking to position itself as a world class airline and target more higher-paying customers.