Facebook ties employee bonuses to progress on social issues

first_img Share your voice 6 Photos Comments Tags Cambridge Analytica: Everything you need to know about Facebook’s data mining scandal.iHate: CNET looks at how intolerance is taking over the internet. 3center_img Facebook CEO Mark Zuckerberg on Tuesday announced changes to the company’s formula for determining employee bonuses. Alex Wong/Getty Images Facebook is changing how it determines employee bonuses, tying them to how well the company confronts issues such as misinformation and hate speech on the platform.Facebook’s employee bonuses were previously based on factors such as user growth and product quality. The social-media giant is updating its formula to better reflect the company’s updated priorities for 2019, CEO Mark Zuckerberg announced Tuesday during an all-hands meeting at the company’s Menlo Park, California, headquarters.Those updated goals, as outlined last month by Zuckerberg during a conference call with analysts, include making progress on the social issues facing the internet and Facebook, building services that improve people’s lives, supporting businesses and being more transparent about the role Facebook plays in the world.”Over the past two years, we’ve fundamentally changed how we run Facebook,” Facebook said in a statement. “This particular change is designed to ensure that we are incentivizing people to keep making progress on the major social issues facing the internet and our company.”Facebook’s move comes as the social media giant faces its toughest stretch in its 15-year history. The company is under pressure to do more to combat election meddling, misinformation and hate speech on the platform. It’s also come under fire for not doing enough to protect the data privacy and security of its 2.3 billion users after the company revealed that UK political consultancy Cambridge Analytica harvested the data of up to 87 million users without their permission. The company’s series of scandals didn’t appear to affect its revenue and profits in the fourth quarter, both of which beat estimates and fueled a rally in its stock last Wednesday.Facebook said there isn’t an easy formula for determining whether the company achieves its goals, but said it will record its progress by tracking how many fake accounts it takes down daily and improvements to safety and security. Internet The great Facebook exodus Mark Zuckerberg Facebooklast_img read more

Mutual funds foreign investors on a buying spree in Indian stock markets

first_imgInvestments by mutual funds (MFs) remained positive for five consecutive days till Sept. 1, coinciding with equity benchmarks reaching new highs on the back of bullish macroeconomic data and buoyant August car and two wheeler sales posted by companies.The trend is likely to continue as manufacturing and service sectors posted exponential growth during August, as evidenced by PMI data.Equity purchases by foreign institutional investors (FIIs) were also in positive territory for the week ended Sept. 2, according to data published by the National Stock Exchange.MFs were net buyers of equities from Aug. 26 to Sept. 1, peaking to a high of Rs. 809 crore on Aug. 31, the day the BSE Sensex hit a new 52-week high. This was on the back of Rs. 701 crore worth of Indian stocks purchased by them on a net basis the previous day. However, on Sept. 1, they almost sold as much as they bought, resulting in new purchases of Rs. 107 crore.The previous trading sessions of Aug. 26 and 29 saw MFs buying stocks worth Rs. 235 crore and Rs. 274 crore on a net basis.While manufacturing PMI for August was at a 13-month high at 52.6, services sector grew at an even faster clip to 54.7, highest since January 2013, according to IHS Markit Nikkei India PMI.”The service sector showed upbeat levels of performance in August. New business was the main driver of activity growth, even amid increased competition for new work,” said Pollyanna De Lima, economist at IHS Markit and author of the report.last_img read more

The Amritsari tadka

first_imgAs Khanna unrolled his life’s hardships and his rise from the streets of  Amritsar in 1971 to being a Michelin starred chef in New York infront of the starry-eyed girls, they could not help fawning and  talking about how dreamy the host of Masterchef was. One of them even recited a poem she had written on the star chef and his life’s journey and was appraised with a hug from Khanna. However, the voice of reason at the event, Vinod Dua, finally steered the conversation to the book which harbours the taste of Amritsar.Amritsar: Flavours of the Golden City takes you on a culinary and cultural journey through his hometown, Amritsar. From its early days as Ramdaspur to the war of 1971. Also Read – ‘Playing Jojo was emotionally exhausting’From his mother’s preferred pulao recipe to the gardens of the Ranjit Singh Museum. From the famous Maqbool Road kulchas to his Biji’s favourite hand-churned ice cream recipe. This book is a  guide to the city as Khanna knows it.More than just a cookbook, Khanna shares the history and culture of his hometown peppered with anecdotes from his childhood. He examines Punjabi cuisine in its historical, cultural, and spiritual context. For foodies, Khanna provides the definitive guide of the best street-food eateries. This book, featuring stunning visuals, is a must-have for gourmands and non-gourmands travelling to Amritsar.last_img read more

Dive into a variety of lipsmacking flavours

first_imgYour favourite neighbourhood pub just got a brand new menu; bringing back the good old days, as well as some exciting and lip-smacking new flavours. The menu at The Chatter House is non-conformist and quirky, bringing together all the signature dishes that have made it a delight for food lovers; as well as lots of small and large plates to choose from.Long-standing favourites are still on the menu, including the Blue Cheese Naan, Balls on Fire, and Cordon Blue. These popular dishes have been joined by new options including Chicken Satay with Grilled Vegetable and Saffron Rice, Seafood Risotto, and Traditional Bangers & Mash and many more. Also Read – Add new books to your shelf The Chatter House’s dramatic desserts have also received an upgrade, with Caramelized Banana Cigars, Chocolate Mousse and the famed TCH Dessert platter to ensure a happy experience for the gourmet. The Gastro pub has also introduced innovative and exciting cocktails to their bar menu including Best Friend Vodka, Long Island Mcgregeor Coffee, Pop Rocks, Take on me, Skinny Russian, Flamingo, and Muddy Water, to raise your enthusiasm. It’s no longer just about cocktails but there’s a whole new spin on Mocktails too; where innovative twists and fresh ingredients are at the forefront. Also Read – Over 2 hours screen time daily will make your kids impulsive All in all, the highlight of this menu is not only its innovative use of fresh flavors but also its commitment to respond to the growing trends and demands of our diners. The Chatter house is undoubtedly designed to be one of the best dining-out options when one is looking for a great evening out, with friends and family. Located in the posh locale of Khan market and Nehru place, the Chatter house is a perfect getaway from the mundane flow of life, bringing alive the very essence of the pub culture made famous by the typical pubs of Europe. The Chatter House is a gastro pub which becomes the center of your social experiences, a place where you wind down your day, meet up with friends or just enjoy some fabulous spirits with comfort cuisine with a twist and live performances. Keeping various needs of the guests in mind, the place has bar stools, booth style seating, high seating tables, lounge sections along with regular seating.It also has an al fresco seating with an open format wood fired oven at Epicuria and a smoking terrace area at Khan market. The design of The Chatter House is a typical old style pub, spread across 2,500 sq ft of space. The Chatter House in Nehru Place is a Victorian era themed pub adorned with classic chandeliers, warm and welcoming wooden accents, old world flooring, wooden groin vaults, cheerful brick wall finishes and plush comfortable seating that will surely get you to sink in and relax. The one in Khan market is a typical Irish themed pub with tan leather and dark wood interiors covered with iron and bricks.last_img read more