Aleftist millennial who rose to prominence during anti-government protests was elected Chile’s next president Sunday after a bruising campaign against a free-market firebrand likened to Donald Trump. With 56 per cent of the votes, Gabriel Boric handily defeated by more than 10 points lawmaker José Antonio Kast, who tried unsuccessfully to scare voters that his young, inexperienced opponent would upend Chile’s vaunted ... Read More »
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Ali Fazal pre-empts Death on the Nile disrespect, describes his own appearance as ‘blink and miss’. Watch
After several delays, Kenneth Branagh’s Death on the Nile finally seems to be on the verge of release. A new trailer and poster for the Agatha Christie adaptation was unveiled by 20th Century Studios ahead of its planned February debut. Actor Ali Fazal was a step ahead of headlines that he anticipated for his quick appearance, and wrote a tweet ... Read More »
Saturday jobs dying as teen employment halves, Resolution Foundation says
The number of working teenagers has almost halved in the last 20 years, a study suggests, sparking fears of the “death of the Saturday job”. A Resolution Foundation report suggests a quarter of 16 and 17-year-olds were in work between 2017 and 2019 – falling from 48% in 1997-99. Young people were instead prioritising studies over part-time work, it added. The ... Read More »
Apple’s ad agency has layoffs as the company beefs up its in-house ads group
Apple’s dedicated ad agency is cutting staff. Media Arts Lab, a unit within Omnicom Group agency TBWA that’s dedicated to Apple advertising, laid off several staffers Monday. The company wouldn’t say how many were laid off, but a report from Bloomberg, which first broke the news, placed the number at 50. “Yesterday was a difficult day, as we had to part with some of ... Read More »
Kerala church leaders say furore over job notification for Scheduled Caste converts unwarranted as Centre, other states also have such quota
A controversy raging on social media over a Public Service Commission (PSC) extra ordinary gazette notification on job vacancies reserved for Scheduled Caste Converts to Christianity (SCCC) has raised eyebrows among minorities in Kerala. The notification, published on 27 July 2019, invited applications for filling up vacancies for 25 posts of Assistant Surgeons/Casualty Medical Officers through a one-time registration scheme. ... Read More »
RIP: Google+ is officially dead as Google pulls the plug on consumer accounts
It’s official. About eight years after it’s debut, Google has officially pulled the plug on its social network, Google+. We’ve known for quite some time that today would mark the end of Google+, and mid-day on April 2nd, the company pulled the plug on the network’s consumer version. If you head over to plus.google.com right now, you’ll no longer be greeted with ... Read More »
[Weekly Funding Roundup] Equity falls 88 pc as startups raise only $75.7M
This week, equity funding receded to just $75.7 million, 88 percent less than last week’s $624.6 million. This week’s funding was spread across just 14 deals, 11 of which were early-stage. The reason for a poor show was the absence of mega rounds and late-stage deals. Weekly funding roundup Early-stage deals Mumbai-based startup Atomberg Technologies raised $10 million as a part ... Read More »
BT Buzz: Jobs outlook dampens across industries as slowdown bites
Jobs are in distress. More than any secular trend – such as automation – it is the slump in credit growth and consumption that has now dampened prospects for employment across many industries. While job losses in India’s automobile industry has been the most talked about, things aren’t looking any better in real estate, in some segments of electronics, and ... Read More »
Digital ad spend in regional media set to grow to $3 billion by 2023 as internet user base swells
Fuelled by a growing base of online users, digital advertising spend in the regional media is set to grow from $300 million in 2018 to $3 billion by 2023, said a report titled ‘Vernacular is NOW, not the future’ by RedSeer Consulting. Facebook and Google currently account for 80 per cent of Indian digital advertising spend. According to the report ... Read More »
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin
As part of the overhaul, the bank will scrap its global equities business and also cut some of its fixed income operations Whole teams in Deutsche Bank’s Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the ... Read More »