Barclays Plc (BARC.L) is cutting about 150 staff from its investment bank as part of the British bank's attempt to cut costs and improve profitability in the business, a person familiar with the matter said.
Firm Management
Intel ups bonus for referring women and minorities in a bid for workforce diversity
Chipmaker giant announced that they will offer double their regular referral bonus to employees who will refer people of color, veterans, and women to their company. The move is said to be alongside Intel's goal to achieve more diversity in the company.
From radio to TV, Spotify's content chief Ken Parks joins Pluto TV
Internet television startup service Pluto TV has announced that Ken Parks, former content chief of the streaming music service Spotify, is joining the company as executive chairman in October of this year.
Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions
Apple is working out with multiple bus contractors to offer drivers better working conditions- primarily a pay hike of 25% for bus drivers, premium pay for coach and shuttle drivers who work split shifts, and improvement in driver's lounging facilities.
Galaxy Note 3 Neo users in U.K to receive an Android 5.0 Lollipop update, confirms Samsung U.K
Recently, a tweet from Samsung U.K confirmed that theSamsung Galaxy Note 3 Neo users in UK will receive an update to Android 5.0 Lollipop. The update is expected to have substantial performance improvements.
Latest News
Crowdsourced business review site Yelp took a double whammy as its chairman filed his resignation after the company's stock plunged 28 per cent for the second quarter of 2015.
Nevsat Aydin, the co-founder and CEO of Yemeksepeti, an online delivery website in Turkey, shared $27M of revenue to its 114 employees after Delivery Hero acquired the company in May.
Ending the long wait, Procter & Gamble Co's (P&G) senior official David Taylor is set to become the new Chief Executive Officer (CEO) replacing A.G. Lafley. The new appointment is expected to be announced on Thursday.
Bank of America has restructured its top managerial positions. The latest major shuffle witnessed the departure of the bank's CFO Bruce Thompson and retirement of executive David Darnell, who has been with the bank for over 35 years and will retire in the fourth quarter as vice-chairman.
Chipmaker Qualcomm Inc (QCOM.O) said it may break itself up as it delivered its third profit warning this year and announced plans to slash jobs and spending in the face of rising competition.
Evernote has a new chief executive officer. This was announced by Phil Libin, co-founder and longtime CEO of the productivity and note-taking app.
After suffering from a series of "missteps," Reddit and its newly appointed CEO Steve Huffman are dead serious in changing its content rules by banning discussions involving illegal materials, sexual content featuring children, confidential information, private information from individuals, and more.
The CEO of the Internet message board Reddit will be hosting a forum to discuss several sections on the popular site that are hosting disturbing and offensive content. This was announced in a post by the site's co-founder and current CEO, Steve Huffman.
MasterCard announces to go global with its well-known hackathon event 'Masters of Code'. The company is expanding the event to multiple cities in the search for best coders.
