What’s Wrong with Uber – Kalanick’s Leave of Absence, Holder’s Report

Uber has grown into one of the fastest-growing, most successful tech startups in the world. Uber is easy to use, has tons of drivers, and is generally better than other transportation options. Despite the company’s success, news has spread of Uber’s harsh, sexist culture.

 

CEO and co-founder Travis Kalanick recently declared a leave of absence in hopes to repair the company’s culture. Concerns of sexual harassment and other inappropriate conduct surfaced in past weeks, calling for Eric Holder, United States Attorney General, to suggest changes that may fix Uber’s culture.

 

Uber has been recommended by Holder to put a stop on personal, extracurricular relationships between employees, ban the use of alcohol and other substances at work, and better deal with employees’ concerns. Significant structural changes such as these generally requires executives to assume other responsibilities, or even step down.

 

The culture of the mobile-based transportation provider has been tagged as a “bro” culture, disregarding women and facilitating harmful sexist views.

 

After Eric Holder’s month-long research of Uber, over 20 people were fired for sexual harassment, bullying, and discrimination. Holder reviews more than 215 unaddressed employee complaints.

 

Executives — not just lower- and mid-level employees — have recently left Uber, such as Emil Michael, former president of business, and company president Jeff Jones. Uber is currently seeking to fill empty spots of COO and CFO.

 

CEO Travis Kalanick is also dealing with personal issues that are undoubtedly adding on to the mess currently under Uber’s roof. Kalanick’s mother unfortunately passed away in a freak boating accident, hurting his father as well.

 

Uber’s HR division has been reported to disregard employee complaints, which sounds likely based on its 215 unaddressed employee complaints. Uber is undoubtedly a successful business and is likely to succeed in coming years, but only if their corporate culture is fixed.

 

Tesla Wants to Take Most of Its Car Charging Stations Off the Grid with Solar Power

Electric Cars Need to Get Power from Somewhere

 

Tesla’s electric cars are great for the environment for many different reasons, but they still need to be charged up with electricity. The electricity from a city’s power grid can come from a wide variety of sources, and not all of them are as environmentally friendly as they could be. That is why Tesla’s CEO, Elon Musk, wants to take its car charging stations off the grid, and each station would only use solar panels to gather energy.

 

Tesla plans to equip as many of its stations as possible with special solar charging arrays, and they have been discussing the idea since 2012. This is the first time the CEO has come out with a bold claim to back up these station upgrades, though. Some doubt that Tesla’s stations will go off the grid.

 

 

The New Solar Charging Stations

 

Six charging stations currently operate using Tesla’s solar arrays. It requires a significant amount of sun to charge the massive central battery, but with enough sun, electric cars can be charged without reliance on public power grids.

 

Tesla may discover a lot of problems implementing the new technology on a grand scale. Many regions, such as Seattle, receive relatively little bright sunlight during the course of a given year. This drastically reduces the amount of power that Tesla’s standard solar arrays can absorb, and it isn’t clear yet whether the CEO’s goals are feasible.

 

 

Grid Disconnection and Tesla’s Overall Goals

 

Tesla wants to disconnect their stations from the grid, but some scientists question the need for complete grid disconnection. After all, Tesla could supply excess power back into the electrical grid. This would bring Tesla extra income, and it would also be good for the environment.

 

As a company, Tesla appears to be working hard to create environmentally friendly technologies. Their new charging stations may be high-tech and modern, but it isn’t clear how they will implement their solar array charging stations at this point.

 

 

Greg Secker : Changing the World One Venture at a Time

Greg Secker is an English businessman, entrepreneur, philanthropist, international speaker and author. Educated at the University of Nottingham Greg became a multi-millionaire before his twenties. Greg specializes in and possesses an extensive knowledge surrounding foreign exchange and financial trading. Greg has a motto that states, “I’m not a why guy, I’m a why not guy” and it is this philosophy that he attributes to his continued and substantial success.

Although Greg specializes in finance his studies at the University of Nottingham were focused on agriculture and food sciences where he also built and sold computers. This indirectly led to him meeting a gentleman at a job fair and ultimately developing the Virtual Trading Desk which was the very first currency trading platform based online.

After hanging out around traders during its development his passion for the niche grew and led him to possess an extensive knowledge base surrounding foreign exchange trading strategies.This passion has since led Greg to not only becoming quite successful at an early age but to share this knowledge and help others find their path to doing the same.

Greg’s professional career has been quite extensive since starting with Virtual Trading Desk in 1997. Greg became the Vice President of Foreign Exchange with BNY Mellon in 1999 where he was employed for almost 4.5 years before becoming the founder of Learn to Trade in 2003, the owner of Knowledge to Action Ltd in 2004 and the founder of the Greg Secker Foundation in 2010.

Through the Greg Secker Foundation Greg has helped to improve the quality of life for people around the world by partnering with youth programs focused on leadership, life skills, and education. His foundation also helped to build 100 permanent homes in the Philippines through the “Build a House, Build a Home” project after Typhoon Yolanda. Greg Secker next venture is focused on helping empower the Filipino people and provide them with the resources, knowledge, and tools they need to turn their dreams into reality.

About Investment Management

Investment Management is the professional asset management of various securities such as shares, bonds, and real estate with an objective of meeting investors’ specified investment needs. Investors can range from pension funds, insurance entities, educational institutions, corporations, and private investors who invest collectively through contracts or on a direct basis.

Who can benefit from investment management?

Financial fund managers, corporations, and individuals who want to diversify their investment options by partnering with professional asset management experts to manage their investment portfolio in a comprehensive manner. The investment managers help their clients to stay ahead of the competitive and complex investment industry by delivering regular updates and engaging them in periodic meetings to discuss viable investment strategies and progress.

What are the top investment management firms and their successes?

Most of the successful investment management firms have been able to stay in business because they understand the complex market dynamics, have years of experience in analyzing latest market trends, hire trained asset managers, and know how to build trust with their potential and existing clients. Examples of some of the most successful firms include the Vanguard group, UBS, BlackRock, Allianz, State Street Global Advisors, Fidelity Investments, PIMCO, and J.P Morgan Asset Management, among others.

Matthew Autterson is a leader, a philanthropist, and a member of the Board of Directors of Falci Adaptive Biosystems (FAB). Mr. Autterson is also the Chairman of the Board of Directors of Denver Hospice.

Matthew Autterson is a successful asset manager and wealth advisor who is currently the principal at the Win Wealth Management institution. Secker has experience and skills to align his customers’ investment strategies so that they can achieve optimal output.

Renown Health Provides Quality Healthcare for Northern Nevada

Renown Health has continued to expand their business and this spring they opened up a new facility in South Reno. Their new location at the Summit Mall brings their total number of clinics to twelve. Initially, the clinic will provide a primary care practice and a medical laboratory. There is also a possibility for expansion further down the road. They are spread throughout Reno-Sparks, Carson City, Fallon, and Fernley. There is also a clinic in the Caughlin Ranch area.Dr. McCormack, who is the medical director of the Renown Medical Group, relates how the practice is designed to make patients feel more comfortable. It has a more inviting feel and is made to look like a typical living room. As for the future expansion, a conference room is planned where staff and patients can discuss healthcare matters.

The new facility is over 10,000 square feet and has overtaken three vacant storefronts. The general contractor who oversaw the work was Shaheen Beauchamp Builders LLC based in Carson City, NV. They utilized various Reno engineering and construction firms to give the new office a complete makeover. This included architectural design, structural engineering, and a complete reworking of the plumbing and electrical layout.Renown Health is a not-for-profit healthcare network which is primarily centered in the Reno, NV. area. This enables them to reinvest all earnings into the local communities that they serve.

These investments include the medical programs, additional staffing, and updated diagnostic equipment. This business model frees them from a distant corporate board which may not have exclusive knowledge of the communities that Renown serves.Local citizens help by providing input into Renown’s business operations as well as accountability and oversight. Medical professionals also provide guidance which helps to keep medical procedures current and in accordance with the latest clinical research. Renown has a bright future and contributes to a brighter future for its communities.

Verizon Closed the Yahoo Acquisition, Meyer Ousted

News about Verizon acquiring Yahoo, a popular search engine, news, and email hosting site, have populated headlines in recent months. Today, Verizon closed out its acquisition of Yahoo. The popular does-it-all Internet site sold for $4.48 billion, with the deal closing right on schedule.

 

Acquisitions and mergers are often associated with closings of departments, divisions, and firing of employees. Now-former Yahoo CEO Marissa Mayer was paid a $23 million severance package — now that’s a great way to get fired!

 

Verizon plans to bring together Yahoo with AOL, another one of its many subsidiaries, and form Oath. Tim Armstrong is slated to head Oath, which includes more than 50 other media brands, such as Huffington Post, TechCrunch, and Verizon Digital Media Services. Armstrong was most recently the CEO of AOL before Verizon acquired it, as well.

 

Yahoo used to be the number-one search engine until now-giant Google came into play. Yahoo has had its fair share of struggles, dealing with a large-scale security crisis earlier this year. Two breaches of personal, private email accounts Yahoo hosted occurred, affecting approximately 1.5 billion — with a B, not an M — accounts.

 

The upcoming merger of Yahoo and AOL will keep approximately 85% of current employees, cutting roughly 2,100 positions. Retaining 85% of employees is considered good for a large-scale merger such as the upcoming Oath conglomerate.

 

Yahoo is slated to transform into an investment firm with a new name of Altaba Inc., although the new company is not fully formed yet. This new company will hold a 15% stake in Asia-based Internet giant Alibaba, along with a 35.5% stake in Yahoo Japan.

 

Verizon negotiated a $550 million chunk from its $4.48 billion sale price earlier this year because of its two massive data security failures.

 

What’s New With Apple: ARKit, iMac Pro, and watchOS 3

Apple is known for innovation in technology, releasing new products several times each year. The largest technology company in the world is known for releasing new versions of smartphones, computers, and other similar gadgets. Apple is expanding its already-prospective horizons and venturing into the car business, as CEO Tim Cook recently confirmed their plans to develop and produce an “Apple car.”

 

Rather than creating a sporty, fuel-efficient, trendy vehicle, Apple is hopping onboard the self-driving, autonomous car trend. The tech giant is not focused on creating eye-popping vehicles, instead opting for fully autonomous vehicles as their objective.

 

Apple hopes to advance artificial intelligence in coming years with the advent of an autonomous, Apple-brand vehicle, although no definite plans for release or mass production are set in stone at this time. While autonomous cars are very interesting, arguably more interesting than anything else Apple offers, the company has informed consumers of upcoming releases and upgraded technologies.

 

The Apple Watch will be getting a new update, watchOS 3, that should be released this fall. The touchscreen watch will also be the future home of Toy Story backgrounds and watch faces, coming around the time watchOS 3 is due.

 

Apple’s computer operating systems is getting another regular reboot, upgrading macOS Sierra to macOS High Sierra. Presenters made clear that invasive cookies will be thoroughly blocked, virtual reality devices will be easier to use, and Safari browser will be quicker.

 

The iMac Pro was mentioned, pricing starting at $4,999 — yeah, that’s a lot for a computer — featuring 6 Thunderbolt 3 ports, fast Ethernet, and more. The new, beefed-up computer is not likely to be released soon, with a release date as early as 2018.

 

Developers will be getting more help with ARKit, an upcoming, developer-friendly API. Depths of objects will be automatically gauged, along with the streamlining of placing objects on concrete surfaces, rather than playing guessing games of where they look natural.

 

 

 

Major Changes for Yahoo

After more than two decades, Yahoo will cease to be an independent company, CNN Tech reports. Verizon has completed its acquisition of the company for almost $4.5 billion. As the deal get wrapped up, Yahoo’s CEO Marissa Mayer will step down with a golden parachute of $23 million.

 

Under her leadership, Yahoo acquired multiple start-ups hoping to be able to compete in the mobile area. But, these bets haven’t paid off as well as expected.

 

Yahoo and AOL, which is also a part of Verizon, will form a new digital media business called Oath. Verizon hopes that this will make it easier to compete for advertising dollars against such giants as Google and Facebook. There will also be reductions in the workforce. As many as 2,100 employees are likely to be laid off. This represents 15 percent of the workers. The rest of Yahoo will be named Altaba. Essentially, this will be a holding company for shares of Alibaba, a Chinese e-commerce giant.

 

The deal took a year to complete and was almost called off after more than a billion users were affected by massive security breaches. To complete the deal after these incidents, Yahoo agreed to decrease its acquisition price by $350 million, and also has consented to split potential liabilities resulting from these breaches.

 

Yahoo is one of the Internet pioneers. The company was among the first and most recognized directories, and later portals and search engines. During the speculative mania of late 1990s, Yahoo was valued more than $100 billion. But, later it couldn’t compete with the likes of Google and Facebook. Another Verizon’s purchase, AOL, is a fallen angel as well.

 

Currently, Yahoo has a market cap around $50 billion dollars. Its buyer, Verizon, is valued at $190 billion.

 

 

Figure 1 (a.k.a. Instagram for Doctors) Receives $10 Million in Investment

For years, software developers and tech companies have attempted to create applications and social media platforms that could benefit the health industry. After all, the health industry accumulates billions per year. There is of course an ethical component as well as software and emerging technologies can add a lot of benefit to various health fields. Figure 1, also known as the Instagram for doctors, is a software developed purely for doctors and other medical professionals. In short, Figure 1 helps members share unique treatments, see rare conditions and elaborate on different cases. Figure 1 is essentially a social media developed primarily for health care professionals.

 

Founded by Gregory Levey, Figure 1 has attracted international attention and significant investment. Recently, the software has received another $10 million worth of investments from multiple companies and private firms. Kensington Capital Partners made the first round of investment. Samsung NEXT and John Hancock insurance group were among other notable investors. This latest round of investments raises Figure 1’s worth to $20 million in total. This is an impressive amount for a small startup that is only four years in the making. Based in Toronto, Figure 1 only has 50 employees as of 2017.

 

While only medical professionals such as doctors can make posts and changes to the apps contents, anybody can sign up to use the service. Figure 1 intends to keep the service under strict monitoring to ensure that it can be continued to use for purely scientific and professional use. Two-thirds of the user base is located in the United States with Latin America being the second largest demographic. However, there are users around the world attracted to Figure 1 for its unique combination of professional content and social media functioning. These latest investments totaling $10 million will help Figure 1 continue development and production for the future. These forms of professional applications could bring a new wave of technology into the medical field.

 

Apple Joins a Quest for the Perfect Car

Until now, self driving car technology has been reserved for car dealerships and high profile tech companies. Today, Apple has confirmed work on these products, which are deviations from their usual line of phones and handheld gadgets. Nevertheless, Apple has a great deal of knowledge to add to the discussion. Their global positioning systems will be revolutionary in this day and age of guidance. Self driving cars need to navigate the road, and with Apple’s contributions, this might be closer than experts previously imagined. Google has openly welcomed them to the industry, claiming that their experience with digital media will go a long way in programming these vehicles. A small coalition of Apple’s designers will abandon phones and laptops for now and focus on this extensive project. The team will still operate at Apple headquarters, but they will have a large amount of resources at their disposal. The company will be funding this endeavor just like any other project within their corporation. If success ensues within a few years, they will construct entirely new facilities for these workers.

 

This is Apple’s first entrance into the automobile market. They are ready to partner with Toyota and Nissan for the first part of the fiscal year. If things go well, we should see technological process within a few years at the very maximum. In the quest for the perfect car, self driving cars are highly lauded as examples of flawless engineering. However, imperfections are bound to occur along the way. The executive board of Apple has recognized these setbacks, stating that the road to an ideal car is often oversimplified by the public and pundits. Using adaptations from handheld gadgets, Apple plans to take a unique approach to this problem. An integrated system of cars and navigation hubs will avoid confusion and reduce the possibility of a crash.