Daily Management Review
Management

Uber defends its business model, safety of drivers, at UK tribunal

Facing strong headwinds stemming from its past management practices, Uber will try to defend itself against mounting criticism while capitalizing on growing sympathies. Here’s the scoop of its legal setbacks as well as silver lining of its potential future. p { margin-bottom: 0.25cm; direction:...

CEO of Equifax steps down in the middle of the hackers scandal

Richard Smith, Chief Executive Officer and Chairman of the Board of Directors of Equifax Credit Bureau, resigned after 12 years of work amid a server hacking scandal that resulted in hackers gaining access to personal data from half the US population, CNBC reported. On Tuesday, Equifax trades were...

Zurich-based private bank, Julius Baer, appoints Oliver Bartholet as its Chief Risk Officer

This is the third change in the company’s top management. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk { font-family: "Calibri"; font-size: 11pt; }p.ctl { font-family:...

Hackers used infected versions of Piriform’s CC Cleaner to gain corporate secrets

Users of CC Cleaner are advised to re-download the clean version of the app from Piriform’s website. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk { font-family: "Calibri";...

Dutch Paintmaker overhauls its management - appoints Intertrust’s Maarten de Vries as its CFO

Both companies are in the process of overhauling their top management positions. Dutch paint maker Akzo Nobel has hired Maarten de Vries as its new chief financial officer. Incidentally, the dutch maker had earlier rejected a 23 billion pounds (26 billion euro) takeover from U.S. rival PPG...

Dara Khosrowshahi Is The New Face Of Uber’s C.E.O.

After careful selection, the board of Uber narrows down its options and takes a step towards mending its image through new leadership. Dara Khosrowshahi is Uber’s choice as its Chief Executive for its “travel company Expedia Inc”, reported “two sources” of Reuters. As a result, Khosrowshahi will be...

The Western Digital’s C.E.O To Close The Toshiba ‘Memory Chip’ Unit Acquisition Deal In Japan

The announcement of Toshiba’s memory chip unit’s sale could be out by the end of this month. The C.E.O of Western Digital Corp visits Tokyo with the mission to settle down on the final agreement for buying “Toshiba Corp’s memory chip business”, whereby putting an end to months long “dispute over...

Unilever Makes Bold Move To Bid For Estee Lauder

Frontrunner of “beauty contest Estee Lauder”, Unilever still has some competition to face. Unilever, a giant of consumer goods, is the apparent topper in “US outfit” Estee Lauder’s “beauty contest” among other “rival bidders”.   The “Evening Standard” citing the “City sources”, has reported...

C.E.O’s Ill-Health Became Zuckerberg’s Chance To Grab WhatsApp From WeChat Company’s Plate: Bloomberg

Timing and efficiency to carry out a quick deal enabled Zuckerberg to acquire WhatsApp. WhatsApp was acquired by Facebook in return of a “hefty sum”, while a “new report” presented by Bloomberg Businessweek reveals that in the process of buying WhatsApp, the Chief Executive Officer of Facebook,...

Removal Terrorism Content Detailed By Facebook After European Pressure

In a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting, Facebook Inc offered additional insight on its efforts to remove terrorism content.   Monika Bickert, Facebook's director of global policy management, and Brian Fishman,...
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