
Shell Plans to Sell Stake in Pakistan Unit Amid Economic Crisis
Shell Plc is planning to sell a stake in its Pakistan unit in a setback for the South
2023-06-14 18:18

Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their budget deal
2023-06-01 12:16

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 17:25

Walmart Lifts Profit Outlook, Stays Cautious on US Consumers
Walmart Inc. modestly raised its annual profit forecast but struck a cautious tone about the outlook for US
2023-11-16 20:15

Amazon’s SpaceX Duel Heats Up as Tardy Satellites Set to Fly
Amazon.com Inc. is poised to launch its first two test satellites for Project Kuiper on Friday, as Jeff
2023-10-06 07:28

Twitter accused of failing to pay millions in employee bonuses after Musk takeover
Twitter failed to pay out annual bonuses to staff after its acquisition by billionaire Elon Musk despite repeated assurances from executives in the lead-up to the deal closing that the company would do so, according to a new lawsuit filed on behalf of employees.
2023-06-22 05:28

TCL FreshIN Series AC Wins Global Product Technical Innovation Award during IFA 2023
BERLIN--(BUSINESS WIRE)--Sep 2, 2023--
2023-09-02 18:28

California mushroom farms cited for workplace safety violations after January fatal shootings
California has cited two Northern California mushroom farms for health and safety violations and proposed more than $165,000 in fines five months after a worker killed seven people in back-to-back shootings
2023-06-27 06:57

India Court Panel Doesn’t See Regulatory Failure in Adani Case
An expert committee, appointed by India’s top court, has said in its interim report that it doesn’t see
2023-05-19 16:58

Investors look past US tech sector as uncertain environment clouds outlook
By Lisa Pauline Mattackal and Divya Chowdhury MUMBAI Investors are looking beyond the U.S. technology sector's bounceback this
2023-05-20 03:51

Tesla Raises Price of Model Y in US Again, This Time by $250
Tesla Inc. increased the starting price of its Model Y sports utility vehicles in the US for the
2023-06-14 10:19

FPT Software Inks Deal with Japanese Energy Giant Toho Gas
HANOI, Vietnam--(BUSINESS WIRE)--Aug 7, 2023--
2023-08-07 12:15
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