Tag Archives: says

Franklin Templeton CEO Jenny Johnson says active management pays off during extreme volatility

With $1.5 trillion in assets, Franklin Templeton is among America’s top 10 asset managers, and growing. Over the last few years, the firm has acquired asset manager Legg Mason, custom index provider O’Shaughnessy Asset Management, and secondary private equity investor Lexington Partners, among others. President and CEO Jenny Johnson says it doesn’t end there. She’s focused on bolt-on acquisitions in technology and ... Read More »

Google CEO Sundar Pichai says the company’s next $1 trillion will come from its oldest product

While many other technology giants embrace the metaverse as the next frontier of growth, Sundar Pichai sees Google’s future in its oldest offering: Internet search. “I feel fortunate our mission is timeless,” Pichai, who is chief executive officer of Google and its parent, Alphabet Inc., said in an interview with Bloomberg Television’s Emily Chang for the Bloomberg New Economy Forum in Singapore. “There’s more ... Read More »

Glasgow climate summit | Coal ‘phase-down’ is a right, says Environment Minister

A day after the 26th United Nations Conference of Parties (COP) in Glasgow ended on Saturday, Union Environment Minister Bhupender Yadav, in a personal blog, dwelt on India’s last-minute intervention that played a key role in the final text of the agreement that called for coal to be “phased down” rather than “phased out”. “Fossil fuels and their use have ... Read More »

Indiabulls Housing Finance says no loans outstanding from Yes Bank, share price rally 29%

Indiabulls Housing Finance witnessed a rally in Friday’s trading session after the company’s regulatory filing stated clearly it has no outstanding loans from Yes Bank. The filing also added that Sameer Gehlaut is currently in the UK and will cooperate with the investigation surrounding Yes Bank soon after the ban is lifted from international flights. “Indiabulls Housing has no loans ... Read More »

SBI not approached by any telco to finance AGR dues, says chairman

Mumbai: It is incumbent on the telcos to find money and will be safe to presume that they would have made some arrangements for it by now, SBI chairman Rajnish Kumar said on Friday. He also said that the bank will be passing on all the benefits of the cash reserve ratio (CRR) reliefs on small ticket loans to the borrowers and ... Read More »

Arts education should not be a luxury, says Julie Hesmondhalgh

Julie Hesmondhalgh in rehearsals for There Are No Beginnings. Photograph: Zoe Martin Julie Hesmondhalgh, the actor and campaigner, has accused policymakers of conspiring to limit access to arts and culture for British children. Reacting to a report into school provision, Hesmondhalgh told the Observer she was dismayed that arts education was now seen as a luxury. “The idea it is not career-oriented ... Read More »

Facebook Says Not Moderating Content Based on ‘Inaccurate’ Information

Facebook has dismissed media reports claiming that thousands of its content moderators rely on inaccurate and disorganised information to determine what content to allow or remove from its platform. Reacting to a report in The New York Times that accused Facebook of being “ad hoc”, “disorganised”, “secretive”, and doing things “on the cheap”, the social media network on Saturday said ... Read More »

More Americans now get news from social media than from newspapers, says survey

Andrew Harrer | Bloomberg | Getty Images For the first time ever, more Americans now get news from social media sites than from print newspapers, Pew Research said on Monday. Twenty percent of U.S. adults polled by the company say they “often” get news from social media while 16 percent “often” turn to newspapers. Last year the two media were ... Read More »

Qualcomm CEO says company is close to a resolving legal issues with Apple

In an interview with Qualcomm CEO Steve Mollenkopf on CNBC’s Mad Money, Jim Cramer, host of the show asked Mollenkopf for an update on the company’s ongoing legal feud with Apple. “Can you give us a little update,” asks Cramer, “because I wanna buy an Apple 5G phone and I wannit to have Qualcomm in it.” This, of course, referring ... Read More »

Facebook ‘Better Prepared’ for Election Meddling, Zuckerberg Says

HIGHLIGHTS We have recently thwarted foreign influence campaigns: Zuckerberg Zuckerberg outlined a series of steps Facebook has taken Facebook was ill-prepared for the 2016 US election, he said Facebook is better prepared to defend against efforts to manipulate the platform to influence elections and has recently thwarted foreign influence campaigns targeting several countries, chief executive Mark Zuckerberg said Thursday. Zuckerberg, posting on his Facebook ... Read More »