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Maruti Suzuki Meets Profit Estimate, to Buy Parent’s Plant
Maruti Suzuki Meets Profit Estimate, to Buy Parent’s Plant
Maruti Suzuki India Ltd. reported first-quarter profit in line with the estimate as easing semiconductor crisis boosted sales.
2023-07-31 19:17
Xi’s Visit to South Africa for BRICS Marks Rare Trip Abroad
Xi’s Visit to South Africa for BRICS Marks Rare Trip Abroad
Chinese President Xi Jinping will attend the BRICS summit in South Africa next week, a rare journey abroad
2023-08-18 11:15
Marketmind: U.S. retail therapy as China funk deepens
Marketmind: U.S. retail therapy as China funk deepens
A look at the day ahead in U.S. and global markets from Mike Dolan, Editor-at-Large, financial industry and financial markets
2023-08-15 18:20
Biden Allies Seize on Impeachment as Weapon Against Republicans
Biden Allies Seize on Impeachment as Weapon Against Republicans
President Joe Biden’s allies are bracing for a possible impeachment by House Republicans and looking to turn it
2023-09-23 21:53
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-28 17:27
Foot Locker plummets, drags down peers, on forecast cut, dividend pause
Foot Locker plummets, drags down peers, on forecast cut, dividend pause
Shares of Foot Locker cratered over 30% in premarket trading on Wednesday, and dragged down those of its
2023-08-23 20:24
Futures muted as Nvidia slips, peak-rate optimism ebbs
Futures muted as Nvidia slips, peak-rate optimism ebbs
U.S. stock index futures were muted on Wednesday as shares of Nvidia slipped after the chip designer warned
2023-11-22 18:58
Lanxess Falls Most on Record in Chemical Industry Slowdown
Lanxess Falls Most on Record in Chemical Industry Slowdown
Lanxess AG’s stock slumped the most on record after the German chemical company said weak demand from its
2023-06-20 18:50
Bank of Mexico again holds interest rate firm, even as region begins cuts
Bank of Mexico again holds interest rate firm, even as region begins cuts
By Brendan O'Boyle MEXICO CITY The Bank of Mexico maintained its benchmark interest rate at 11.25% on Thursday,
2023-08-11 09:58
ECB's Lagarde says latest growth data 'encouraging'
ECB's Lagarde says latest growth data 'encouraging'
FRANKFURT Latest data about economic output in France, Germany and Spain is "quite encouraging" and confirms the European
2023-07-31 00:21
Macnica provides motor-specific predictive maintenance services in Asian countries : Mpression Smart Motor Sensor in ASEAN
Macnica provides motor-specific predictive maintenance services in Asian countries : Mpression Smart Motor Sensor in ASEAN
YOKOHAMA, Japan--(BUSINESS WIRE)--Jun 15, 2023--
2023-06-16 11:28
Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from
2023-08-21 11:50