BusinessFeaturedSpaceX fires employees who criticised CEO Elon MuskIFM CorrespondentJune 23, 2022 by IFM CorrespondentJune 23, 2022 The letter drafted by the SpaceX employees criticises CEO Elon Musk for his actions.... Read more
Asset ManagementFeaturedCrypto exchange platform, Coinbase layoffs 18% staffIFM CorrespondentJune 22, 2022June 22, 2022 by IFM CorrespondentJune 22, 2022June 22, 2022 Employees were terminated with 14 weeks of severance pay.... Read more
FeaturedTechnologyGoogle ex-employee claims that their AI is ‘sentient’IFM CorrespondentJune 21, 2022 by IFM CorrespondentJune 21, 2022 The AI, also known as LaMDA (Language Model for Dialogue Applications) is an integrated system that develops chatbots.... Read more
BusinessFeaturedUK farmers are turning to Nepal and Tajikistan for fruit pickersIFM CorrespondentJune 21, 2022June 21, 2022 by IFM CorrespondentJune 21, 2022June 21, 2022 Workers have come from nine different countries like Nepal, Tajikistan, and Indonesia in 2022.... Read more
Banking and FinanceFeaturedCrypto Industry seized by anxiety as Bitcoin dips below $20,000IFM CorrespondentJune 20, 2022 by IFM CorrespondentJune 20, 2022 The price drop comes as a result of problems at multiple large industry players.... Read more
Asset ManagementFeaturedGoogle settles $118 mn gender discrimination lawsuitIFM CorrespondentJune 20, 2022 by IFM CorrespondentJune 20, 2022 The settlement covers 15,500 female employees who worked in the company in California in 236 job titles after 2013.... Read more
FeaturedTechnologyElon Musk meets Twitter employees, talks about freedom of speechIFM CorrespondentJune 17, 2022June 17, 2022 by IFM CorrespondentJune 17, 2022June 17, 2022 Twitter’s chief executive, Parag Agrawal has also mentioned to his employees about all-hands meetings via an email.... Read more
Business LeadersFeaturedMass exodus of Russian millionaires expected in 2022IFM CorrespondentJune 17, 2022 by IFM CorrespondentJune 17, 2022 Analysts expect 15,000 high-net-worth individuals to emigrate and UAE to overtake US and UK as favored destination.... Read more
EconomyFeaturedUS Fed raises interest rate by 0.75 percentage-point, highest since 1994IFM CorrespondentJune 16, 2022 by IFM CorrespondentJune 16, 2022 The decision comes in the backdrop of consumer price inflation hitting 8.6% in May, the highest since 1981.... Read more
FeaturedTechnologyAmazon to deliver via drones in California soonIFM CorrespondentJune 16, 2022 by IFM CorrespondentJune 16, 2022 The tech giant to finally keep the decade-old promise of using drones for deliveries.... Read more