NEW YORK (Reuters) – Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of $15 per hour amid rising tension over the wage gap between the technology sector’s elite and the lower-paid workers.
(Reuters) – Cisco Systems Inc’s quarterly profit edged past market estimates as demand for new switches, routers, wireless gear and servers made up for sluggish spending by telecom customers and weak sales in emerging markets.
What now for Gareth Bale and Real Madrid after their Champions League exit leaves them almost certainly trophyless this season? - Source
At least 20 people have been killed in recent weeks, and more than 50,000 people have fled to neighboring countries.
In the first day of Facebook Instant Articles, readers mostly saw an eclectic mix of articles rather than a clear signal of what is to come.
BENGALURU, India (Reuters) – After ping pong tables, motivational posters and casual dress codes, India’s tech start-ups are following Silicon Valley’s lead and embracing the “fail fast” culture credited with fuelling creativity and success in the United States.
Pocket Gems announced today that it has taken an investment from Chinese Internet company Tencent. The funding will allow the mobile gaming company to expand globally, including into China.
The companies did not disclose the size of the deal, but The Wall Street Journal reported that Tencent invested $60 million for 20 percent stake in Pocket Gems. Read More
The United Arab Emirates (UAE) Space Agency’s plan to send a compact-car sized probe into orbit around Mars appears to have a dual purpose. With last week’s announcement of its blueprints and science goals for the mission now set for launch in July 2020, the UAE signaled that the probe will secure the Gulf state’s role in both the international planetary science community and the global space technology sector. - Source
In Elizabethan London, two brothers with the last name of Bottom, one a playwright with the soul of a poet, Nigel (John Cariani), the other a performer who dreams of commercial success, Nick (Brian d’Arcy James), suffer from the curse of not being Shakespeare in what will become the Shakespearean age. Shakespeare (Christian Borle) is presented as a rock god, a young Elvis in his prime, all vanity, enjoying fame so much he’s not getting any new writing done. The Bottom brothers looking for a hit, and to do something that will revolutionize the theater, come up with the idea of doing a play where people break into song and those songs move the action forward, or in other words, they invent the musical. - Source
It was almost exactly two years ago that I first got the opportunity to attend the Silicon Valley Latino Leadership Summit, an annual event held at the cozy and Stanford Faculty Club. It’s a great experience – thanks largely to the work of the event’s principal organizer, Frank Carbajal. But my entry in the community that formed around SVLLS came at a very special time. As I noted in my coverage of the event that year, the Latinos of Silicon Valley had begun to make noticeable progress in coming together. The reason: the emergence of Latino entrepreneurship in Silicon Valley. To build a culture of entrepreneurship, I noted, requires that people learn to work with one another. - Source
Jerry Weiss, 57, who managed credit risks at some of the nation’s biggest banks, now works with people half his age who make fun of his “dad jeans.”
The chief executive of Frontier Airlines, David Siegel, has resigned for personal reasons and been replaced by the carrier’s chairman and president.
