LinkedIn Financial News
21.07 / 09:45
Facebook
Provident
Twitter
Microsoft
Platform
LinkedIn
Dave
This is why OpenAI's Head of Trust and Safety, Dave Willner, stepped down from his post…
OpenAI, announced his departure from the company in a LinkedIn post on Friday. In his statement, he cited the challenges of balancing the demands of the job with his family life. Despite leaving his current position, he expressed his willingness to continue providing advisory services in the future.
21.07 / 06:03
Twitter
LinkedIn
social
elon
Elon Musk's Twitter is set to give tough competition to LinkedIn with THIS new feature
Elon Musk had briefly hinted that the social media giant might bring jobs feature to the Twitter app in reply to a post in May. Interestingly, Musk-led Twitter 2.0 also made its first acquisition in May in the form of job-matching tech startup Laskie.
19.07 / 14:51
Citi
Art
CEO
Mobile
LinkedIn
RIL, Bharat Benz unveil luxury concept hydrogen powered coach
Bharat Benz in collaboration with Reliance Industries showcased India's first intercity luxury concept coach powered by Hydrogen Fuel Cell technology at the fourth Energy Transitions Working Group meeting under India’s G20 Presidency at Goa. The luxury intercity coach is powered by a fuel cell system, which is designed and developed by Reliance Industries, using state of the art components from international partners with significant localization, said Nitin Seth, CEO, New Mobility, Reliance Industries in a LinkedIn post on Wednesday.
19.07 / 09:05
Provident
CEO
Action
LinkedIn
PwC
Deloitte
PwC partner sues to stop firm forcing him out over tax leaks
A veteran PwC Australia tax partner specialising in providing research and development incentive advice has become the first partner named by the firm over its tax leaks scandal to take legal action to stop the firm forcing him out of its partnership.
19.07 / 08:29
CEO
Platform
Strategy
LinkedIn
PwC
adult
Adult platform OnlyFans’ CEO Amrapali Gan resigns; Keily Bair to take over reins
Amrapali Gan, the CEO of UK-based online subscription platform OnlyFans, announced her resignation as the company’s chief executive on Tuesday.In a LinkedIn post, Gan, who led the platform — known for its adult content — for three years, said she was leaving to start her own venture, Hoxton Projects. OnlyFans’ chief strategy and operations officer Keily Blair will head the company. “Spending nearly 3 years at OnlyFans while it echoed throughout the cultural zeitgeist, has been beyond rewarding.
19.07 / 00:41
Provident
LinkedIn
Deal
Shark Tank India S1 logs 41% deal close rate; Rs 17 crore deployed
Shark Tank India Season 1 aired on television, seven of the so-called sharks (investors) completed only 27 of the 65 soft commitments that they had agreed to deploy in startups that participated in the show, according to an analysis by PrivateCircle Research. And, in value terms, of the Rs 40 crore that these sharks had committed to invest, only 17 crore was invested till July 12, 2023, the analysis revealed. Shark Tank is a reality television show where entrepreneurs pitch their business models to a panel of investors.
18.07 / 11:09
Telegram
LinkedIn
Blackstone's head of Europe says he was shunned for attending Pride
Lionel Assant, the head of European private equity at Blackstone, is not gay, but he is an ally to the gay community. Last week, Assant spent an evening celebrating Pride at a party with employees at Blackstone. He posted about the party on social media and says he was shocked by the result.
17.07 / 15:53
Airlines
LinkedIn
Pilots
Deal
United Airlines shares move higher after labor deal reached with pilots
Investing.com — United Airlines Holdings (NASDAQ:UAL) shares rose on Monday after the U.S. carrier reached a labor deal over the weekend with its pilots that will see the workers receive a significant jump in pay.
17.07 / 13:45
VISA
Platform
Racing
Mobile
LinkedIn
Qualcomm
Indian
Laid off by Qualcomm, Indian techie on H1B visa seeks help finding new job
An Indian senior-level Qualcomm employee, who joined the company just one year ago, and was laid off recently, has took to the social media site LinkedIn to share his ordeal and is seeking help in finding a new job in the US before he runs out of time granted by his H1B visa. It is important to note that the H-1B visa, which allows skilled workers from other countries to work in the US, has time constraints, so these techies are facing a race against time to find new employment.
17.07 / 13:27
UPS
Extreme
LinkedIn
Align
Fisker to sell limited edition electric SUVs in India by fourth quarter
Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects to begin deliveries in the fourth quarter this year. The company had said in September it would begin selling its Ocean electric SUVs in India by July 2023, with local production beginning in a few years. But it now expects to complete the final checks for the SUV, named Fisker Ocean Extreme Vigyan, for India by the end of September, with its pricing aligning with the European market.
17.07 / 13:05
Twitter
CEO
Platform
Software
LinkedIn
Indian
Start-up CEO, who got flooded with over 3,000 resumes in 48 hrs, has this to say about Indian job market
job market in doldrums? That’s what Kartik Mandeville, the CEO of an IT startup Springworks, was left wondering after he received over 12,000 resumes in a span of 48 hours, for some remote job roles. Taking to Twitter, the entrepreneur wrote, “ Received over 3K resumes in the last 48 hours just on our website — how bad is the job market?”. He further went on to add that the job postings were not shared on any popular job portals such as LinkedIn, Naukri, and Glassdoor but were only shared on the company website.
17.07 / 06:53
UPS
Man
LinkedIn
‘Bundle of all questions…': Bengaluru man shares his tenant interview experience
tenant interview process which we went through while househunting in Bengaluru. "My tenant interview was longer and more grueling than my Seed round pitch.
17.07 / 04:57
Software
LinkedIn
Enterprise
UBS
Patterson
Corporate Travel seeks fourth CFO in four years
Corporate Travel Management will employ its fourth chief financial officer in as many years, following the resignation of another top number cruncher from the $2.9 billion business travel specialist.
16.07 / 14:11
UPS
Provident
Ball
LinkedIn
negotiations
Smart ways to handle salary negotiations
The organisation will offer you a salary package that it thinks is suitable for both the parties. However, it will give you an opportunity to present the numbers you desire. At this very moment, the ball will be in your court. Now, how well you play will heavily influence the final verdict. It may come as a surprise to many that a lot of individuals fail to do the necessary talk but accept the company’s offer without making any negotiations, simply because they are too scared to put forward their opinion. Probably why it’s important to prepare yourself and keep a few strong points up your sleeve before agreeing to any salary structure. Already feeling the pressure building up? Don’t worry. We have curated a list of a few effective ways to help you ask for a pay that you truly deserve. 1) First, do a thorough market research – To be able to quote the right figures, you must first search about the current salary trends for the position you wish to take up. This will give you a clear idea about what exactly is the average pay for a specific role — based on factors such as your experience, educational qualifications and skills. For authentic responses, you can either connect with the people from your industry or visit websites such as Glassdoor, LinkedIn, Indeed and PayScale to draw salary comparisons.
15.07 / 16:13
Citi
Career
LinkedIn
Remark
Discover
DNA
Rex Heuermann: Gilgo Beach serial killer suspect bragged about his career 11 years after the murders; Here’s what he said
Rex Heuermann, a suspected serial killer linked to a series of murders and the discovery of bodies at Gilgo Beach on Long Island. He was taken into custody in Manhattan on Thursday evening and has been charged with three counts of first-degree murder and three counts of second-degree murder in relation to the deaths of Melissa Barthelemy, Megan Waterman, and Amber Costello. He is also considered a suspect in the murder of Maureen Brainard-Barnes.
15.07 / 15:21
UPS
Digital
Assurant
LinkedIn
Dreams
Fake job alert! Check out these signs to spot a fake recruiter
data entry job, while working from home” — you must have seen a message similar to this pop up in your WhatsApp chat not that long ago. In some cases, people claiming to be representatives of companies contact you from international phone numbers and seek your attention with exciting offers, sometimes assuring you payment in dollars for simple tasks. However, the moment you send your bank account details for the money transfer, you end up losing a huge chunk of your hard-earned savings. Only then will it dawn on you that it was nothing but a well-planned cybercrime. According to a report by The Times of India, “Over 30,000 people were defrauded of Rs 200 crore after being offered work-from-home jobs with major e-commerce websites.” In the present-day digital landscape, it has become absolutely effortless to search and apply for job vacancies, right? Having said that, in the hopes of landing the job of our dreams, sometimes we become oblivious to potential signs of fake job offers. While it is not new to encounter false job postings online, their occurrence sure has multiplied in recent times. But the question is how to differentiate between an authentic and a fake offer? How do we know that we are not accidentally declining an incredible job opportunity?
14.07 / 16:29
Provident
Digital
Platform
LinkedIn
Remark
Intuit
Web3 Decentralized Freelancing Platform DeeLance Raises $1.52 Million – Here's How It Can Change Recruitment Forever
DeeLance, is creating a significant buzz in the crypto space. Its native asset, $DLANCE, has reached a new milestone of $1.52 million presale investment in just a few weeks.
14.07 / 12:15
Lowe's
Aware
Career
Software
LinkedIn
Pros and cons of returning to your old job
First off, it is not unusual. In fact, there is a term for such employees: “boomerang”. A majority of employers have in the last few years become open to the idea of hiring boomerang employees. According to a report by LinkedIn, these employees “amounted to 4.3% of all job switches” in 2021. So, you can undoubtedly consider joining the boomerang bandwagon. Now, the question is will the organisation welcome you back with open arms? It depends on how you left your job. Did you gracefully exit or did you leave your job abruptly on a bitter note? If the equation between you and the organisation and the people there is fine, sure, you can approach your previous bosses more easily. Having said that, before you knock on their doors, there are a few pros and cons of returning to your previous job.
13.07 / 15:33
FIVE
Action
LinkedIn
Financial
Financial planner guilty of tax fraud on behalf of clients
A financial planner in Cleveland has pleaded guilty to charges of conspiring to defraud the United States and filing a fraudulent tax return. The advisor in question, Rao Garuda, was implicated in an illegal scheme known as the Advanced Legacy Plan or the Ultimate Tax Plan.
13.07 / 07:07
COST
UPS
Twitter
CEO
LinkedIn
chatbot
90% staff replaced with AI chatbot Lina, Dukaan founder Suumit Shah justifies sacking as ‘tough but necessary’; social media thinks otherwise
Suumit Shah, the CEO of e-commerce startup Dukaan, faced huge flak online after a post of him replacing 90 per cent of his customer support team with an AI chatbot went viral on Twitter. Taking to Twitter on Tuesday, the entrepreneur revealed that he decided to prioritise prompt customer service and profitability over everything. He wrote that the use of AI tools reduced wait time from one minute, 44 seconds to instantaneous. Customer support costs were cut down by 85 per cent. “We had to lay off 90% of our support team because of this AI chatbot. Tough? Yes. Necessary? Absolutely,” the entrepreneur, while presenting his case, wrote on Twitter. He also wrote about how his team developed an AI chatbot named Lina which generated instant answers to customer queries and also curated customised answers for clients. In one sweep, he claims that Dukaan was able to remove communication bottlenecks such as delayed, generic responses and also cut down costs.. “200 live chats and ~1400 support tickets have been marked as 'resolved' by Lina. I literally started feeling like Edward Morra from the movie 'Limitless' is running the entire customer support of Dukaan by himself, seriously,” he wrote. The post went viral on Twitter, amassing two million views and 2,545 likes, and counting. However, it also generated much outrage across the Internet as was expected.
12.07 / 21:19
COST
Reuters
Platform
LinkedIn
SAP
Government says no need for rethink after online gaming tax backlash
Revenue secretary Sanjay Malhotra Wednesday said government decision to impose a 28% tax on funds that online gaming companies collect from their customers will not need further consultation and an early review is unlikely, reported Reuters. Shares of casino operator Delta Corp and other online gaming companies plunged in Wednesday's trade after government, late Tuesday, announced to impose a 28% tax on fund that online gaming companies collect from their customers.
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