Zerodha CEO and Co-Founder Nithin Kamath has announced that the company will not fire anyone if their job becomes redundant due to improvements in technology. He also stated that the stock brokerage company also created an “internal AI policy” to give clarity to their employees in an environment of AI-related job loss anxiety. Mr Kamath…
Zerodha, a leading Indian financial services company, has announced a new policy to retain employees even if certain positions become redundant due to the increasing use of artificial intelligence (AI). CEO Nithin Kamath said that the new internal AI policy was intended to alleviate AI/job loss anxiety. The company will not fire anyone on the…
LUNAR is an old Silicon Valley design company that has designed everything from games controllers to ice cream scoops, and was acquired by McKinsey in 2015. The McKinsey deal was taken as a sign that design thinking had become an integral part of business strategy. John Edson, who was president of LUNAR at the time…
According to John Edson, former president of LUNAR and current design consultant, companies that outperform the market prioritize design over innovation at the edges. Edson believes that design should be an integral part of business strategy, rather than an activity that runs alongside the mainstream work of the business. He argues that companies that invest…
Anheuser-Busch announced that two of its executives were on a leave of absence after the beer was featured in a social media promotion by a transgender influencer, Dylan Mulvaney. The company’s turmoil began on April 1, when Mulvaney posted a video on her Instagram account to promote a Bud Light March Madness contest to her…
ASML, a Dutch semiconductor equipment maker, reported better-than-expected first-quarter earnings on April 19, 2021. The company reported a net income of €1.2 billion ($1.4 billion), up from €1.1 billion ($1.3 billion) in the same quarter last year. Revenue rose to €3.7 billion ($4.4 billion), up from €3.3 billion ($3.9 billion) in the same quarter last…
Late-night hosts have been reacting to the news of Fox News settling with Dominion Voting Systems. Fox News had been accused of spreading false claims about the voting technology company during the 2020 election. The settlement was announced on April 19th, 2021. The hosts of late-night shows like The Late Show with Stephen Colbert, The…