Tag Archives: Executive

Broadcom Takeover of Qualcomm Blocked by US President Trump’s Executive Order

US President Donald Trump on Monday blocked microchip maker Broadcom’s proposed takeover of Qualcomm on national security grounds, ending what would have been the technology industry’s biggest deal ever amid concerns that it would give China the upper hand in mobile communications. The presidential order reflected a calculation that the United States’ lead in creating technology and setting standards for the next generation… Read More »

Twitter Executive on Fake News: ‘We Are Not the Arbiters of Truth’

There are lots of things you can’t do on Twitter. You can’t threaten violence, post pornography or wear a swastika in your profile pic. But you can lie. Twitter made clear on Thursday that while it is happy to serve as a platform for fact-checkers, it does not want to get into the business of making its own judgments… Read More »

Top UK companies consider pay scheme shake-up in response to backlash over huge executive bonuses

One in 10 top UK companies are considering scrapping so-called long-term incentive plans, which have unleashed sweeping waves of criticism for awarding top executives huge pay checks. According to the Financial Times, a shift towards a simpler, share-based bonus system could reduce the divide between the highly-paid chief executives and other workers within companies. Tobacco giant Imperial Brands… Read More »

HPCL shuts Mumbai refinery unit, imports gasoline, executive says

Hindustan Petroleum Corp Ltd (HPCL.NS) shut a unit at its 130,000 barrels per day (bpd) refinery in Mumbai last week due to a technical glitch, and has since been importing gasoline, the head of its refineries told Reuters on Friday. BK Namdeo said the refinery’s reformer unit was shut on Sept. 1 due to a technical emergency and… Read More »

Twitter Hires New Executive in Bid to Win China Advertisers

Twitter introduced a new head of operations Friday for what it calls Greater China despite still being banned in the mainland, as it attempts to boost already booming advertising. While San Francisco-based Twitter is not allowed to operate in mainland China under the country’s strict Internet censorship, it does have an office in Hong Kong that courts advertisers… Read More »