Government To Make Lump Sum Payments to Unions

first_img Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, July 27, 2017 – Nassau – Prime Minister, Dr. the Hon Hubert Minnis, the Hon. Brensil Rolle, Minister of the Public Service & National Insurance, and Senator the Hon. Dion Foulkes, Minister of Labour, met with Executives of the Public Services Union and The Bahamas Educators Managerial Union at the Office of the Prime Minister on Wednesday, 26 July 2017, to appraise the union leaders of government’s plans and time period to honor lump sum payments 2017/2018 in accordance with the Industrial Relations agreement.The meeting was also attended by senior government officials from the ministries of the Public Service, Education, Office of the Prime Minister, and the Treasury Department.The Prime Minister informed union Executives that the government proposes to honor its commitment to members of The Bahamas Public Services Union in August 2017. Further, The Bahamas Educators Managerial Union will receive lump sum payments in September 2017.The staggered payments will allow for a more orderly and planned payment process. Union Executives thanked the Prime Minister for his forthrightness regarding payments to its members. The Prime Minister pledged continued dialogue with executives in the weeks and months ahead. Facebook Twitter Google+LinkedInPinterestWhatsApp Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting Related Items:#magneticmedianews The Luxury of Grace Bay in Down Town Provo ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDTlast_img read more

Vicente Boluda takes credit for Ronaldos transfer to Madrid

first_imgExactly 9 years after becoming Real Madrid’s president, Vicente Boluda revealed that he is the one who signed Cristiano and not Florentino.In order to understand the dry relationship that Cristiano Ronaldo and Florentino Perez had at Real Madrid, one has to go all the way back to the origin of the relationship and realize that Perez wasn’t the man who planned the Portuguese’s arrival from Manchester United.The man responsible for what can arguably be considered the best signing in Los Blancos’ history, should go in part to businessman Vicente Boluda.The other part is former president Ramon Calderon, both men were the involved figures who negotiated Ronaldo’s new contract and the €92 million fee that was eventually paid to Manchester United.When the transfer was completed as soon as Florentino Perez arrived as the new president, he was the one who took all the credit but Boluda wanted to set the record straight.By the time that he stepped down as the club’s chairman, Cristiano Ronaldo’s transfer was all done and paid for.This information is something that not a lot of people knew, we lived under the impression that this was one of Florentino Perez’s biggest moves and we lived a lie for a long time.🗣 “Con la que hay liada no voy a ser yo el que eche más leña al fuego. No quiero ahondar en la herida, pero los 50 goles de Cristiano se han quedado en nada y eso es una realidad…”— AS (@diarioas) January 16, 2019Boluda granted an interview to Diario AS exactly 9 years after becoming Real Madrid’s president, he is one of Spain’s biggest businessmen and owns one of the biggest private boat fleets in the world.When he was asked if Real Madrid was struggling right now without Cristiano Ronaldo as he predicted, Boluda said: “The way things are going right now, I really don’t want to worsen the wound.”“But Cristiano Ronaldo’s 50-goals per-season have transformed into nothing and that’s the reality we live in. I was very surprised when the club sold Ronaldo, but most of all because there was no alternative plan after it all went down.”“You have to do these things with a whole planning process that usually takes two or three years. This is just like a company when you decide to fire all the board of directors. It’s not something you can just do overnight.”“Cristiano is gone, the rest of the players remain and nothing relevant happens… Exactly what people thought would happen is coming to pass, it was inevitable.”Maurizio Sarri, JuventusMaurizio Sarri satisfied despite Juventus’ draw at Fiorentina Andrew Smyth – September 14, 2019 Maurizio Sarri was satisfied with Juventus’ performance on Saturday afternoon after finishing a tough game at Fiorentina 0-0.“Ronaldo was our transfer, yes, and we have to be clear on that. We gave Cristiano to Florentino all signed and paid for!”“He was already part of all the accounts that we had to give back when we left the club, he was also paid for in his entirety.”“Ronaldo completely changed Real Madrid’s history, just like Di Stefano did back in the ’50s. The club has won the last four European Cups thanks to him… He has been incredibly important for the club,” he concluded.¡NO ES NEYMAR! Florentino Pérez pide un crack del PSG para vender a Cristiano RonaldoVER MÁS 👉 👈— Goles Mágicos (@golesmagicos10) January 10, 2019After hearing these explosive statements from Vicente Boluda, we wonder what Florentino Perez thinks about them and how he would react after realizing that the cat’s out of the bag.All the Madridistas lived under the impression that the current Real Madrid president was the man responsible for the biggest transfer in the club’s history, but it was an illusion all along.After getting this information about how it all happened, suddenly the whole relationship between Ronaldo and Florentino takes a whole new meaning that further explains why the two of them never really got along.Regardless of how much the president tried to erase Ronaldo’s history with the club, there will be no way in which he can ever change history and the massive impact this player had for Los Blancos for the last 9 seasons.Vicente Boluda: “Nos dieron un buen repaso”— MARCA (@marca) November 23, 2015What do you think about Florentino Perez now that you know what really happened with Cristiano Ronaldo’s transfer to Real Madrid? Please share your opinion in the comment section down below.last_img read more

Googles Greater China President Steps Down

first_img 3 min read Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Growing a business sometimes requires thinking outside the box. July 16, 2013 Register Now » This story originally appeared on Reuters Google Inc. said on Monday that its vice-president and Greater China president, Liu Yun, has stepped down to pursue other opportunities.His replacement will be Scott Beaumont, who currently runs the company’s partnerships business in Europe.Google’s share of the search engine market in China has been slipping, spurred by its decision to no longer censor its searches on the mainland and move its servers to Hong Kong in March 2010, just months after Liu took over.Google held 8 percent of market in terms of page views in June 2011, coming second to Baidu with 81 percent, according to Chinese data firm CNZZ. Its share has fallen 6 percentage points over two years according to last month’s data, dropping to fifth place. New entrant Qihoo 360 already holds 15 percent of market share.”Once they made the decision to move their servers out of mainland China their prospects here dimmed considerably,” said Mark Natkin, managing director of Marbridge Consulting, a China technology research firm.Google’s Android operating system has also proven difficult to monetise, despite its success in terms of take-up in China.For the three months ending in April this year 69 percent of all smartphones sales were on the Android system. Phones using Apple’s iOS, Android’s closest competitor, made up 25 percent of sales in the same period, according to data from Kantar, a market research group.The ways the company usually monetises Android, like its app store, often get stripped out of the software in China when it is remade for the local market, said Natkin.Related: How Apple’s App Store Changed Business at Its CoreThe prevalence of Android in China drew the ire of its political system in a March report by the state-controlled think tank China Academy of Telecommunications Research, which operates under the Ministry of Industry and Information Technology.The report said that Google had too much control over China’s smartphone sector, which had become dependent on Android, and had discriminated against certain local firms.The paper suggested that the government would throw its full support behind a viable domestic challenger to Google.”Google’s biggest challenge remains how to penetrate China,” said Elinor Leung, Hong Kong-based head of Asia telecom and internet research at CLSA.”Their servers have been moved to Hong Kong and their Android operating system has been localised,” she said, adding that Liu’s departure and the arrival of Beaumont would likely have little impact.Related: Google Releases New Maps App for Smartphones and Tabletslast_img read more

This Former Apple Executive Brought His Company Through 2 Tough Pivots and

first_imgSeptember 5, 2017 Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Enroll Now for Freecenter_img 6 min read Matt MacInnis says that he’s wanted to be an entrepreneur since he was a teenager living in a small Canadian town. And he points to one moment during his freshman year at Harvard in 1998 that set him on a path to running a company whose clients include McDonald’s, Whole Foods and Comcast.An Apple representative had visited his computer science class and during a presentation showed off Mac OS X. Afterwards, he spoke to her and she mentioned the company was recruiting a campus rep. MacInnis, a self-admitted Apple nerd, signed up.”If I hadn’t just walked down and had that conversation with her, I never would have gotten that job and I never would have been connected to Apple,” he says. “Some other life would have happened, but this trajectory I’m on, it all sort of can be rooted to that one 10-minute conversation.”Related: This Founder Is a Gambler at Heart. Learn How Risk Led Him to Opportunity.That trajectory saw him working at the tech giant, where he did education marketing and business development. While content at his job, he was still looking for an opportunity to pursue his entrepreneurial ambitions. That moment came in 2009, when MacInnis saw the device that his boss Steve Jobs would eventually show off a year later: the iPad.”I saw the iPad in development and knew that it was going to be an exciting technology,” he says. “So, we started a company to kind of tackle the question of textbooks on iPads.”The company MacInnis co-founded, Inkling, started by selling digital textbooks directly to consumers. But despite what seemed like a good idea (Apple sold 3 million iPads in the first 80 days after its release), it wasn’t long until that business model fell apart. Inkling would have to undergo two hard pivots before getting to where it is today: a company with tens of millions of dollars in revenue and growing at more than 50 percent year over year. Now, it’s the maker of an app for the web and iOS and Android devices that acts like a digital content system to help employees get their jobs done. Think: digital training manuals, tips, references and company announcements. Also, with its messaging service, task organizer and analytics tool, it is a full-stop service for so-called “deskless workers” — most of the people in retail and food.Now with $95 million in funding and 100 employees, MacInnis explains how he went from book dealer to workforce problem-solver.The first pivot: Jumping from B2C to B2B”The original hypothesis around digital textbooks was a good one. We got Sequoia as the main investor and a lot of shit went right,” MacInnis says. “The only part of the business that didn’t go right is that 18 year olds don’t give a shit about textbooks. So publishers cared and investors cared and we cared, just not the people who had to spend money.”Related: Richard Branson: There Needs to Be ‘Perpetual Revolution’ Within Your BusinessUpon this realization, Inkling decided to make the drastic switch from a business-to-consumer model to a business-to-business model. It started after Starbucks came calling with a good idea. The coffee giant said that rather than ship binders used to train employees every quarter, it would use Inkling to make those materials available to employees on iPads. Inkling started to license its tools to companies such as Comcast and KPMG, allowing them to convert their materials into digital content to be read on mobile devices.Image credit: Courtesy of Inkling Because of this shift, Inkling went from making very little off consumer textbooks to building tens of millions of dollars in recurring revenue, according to MacInnis.But this model wasn’t enough to sustain the business. About two years ago, MacInnis admits that the company scaled way too quickly, with 25 percent of its 160 employees working on the sales team. There just wasn’t enough business for its digital content project to keep going.”We knew that the content thing itself was interesting, but it felt like a one-legged stool,” he says.Inkling needed a new solution. It went to its customers to find out what they were missing. The answer was in retail.The second pivot: Taking on the world of retailManaging a large store such as a Walmart, Target or Kohl’s is a complicated affair. These retailers can employ up to 200 people, who all have moving shifts. When you zoom out to the regional manager level, that headcount could quadruple.Related: Is a Pivot Imminent? These 5 Signs Say ‘Yes.’Inkling’s current offering simplifies these managers’ jobs, as well as everyone under and above them. With its tools, Inkling not only provides digital versions of training guides and employee manuals, but there are also interactive quizzes and demonstrations, so an employee on the floor of a furniture store only needs to look at their device to create a matching display. Once they’re done, they can snap a photo that is sent to their manager. Managers can keep running tallies on tasks they’ve assigned. Meanwhile, co-workers can message each other without the need for phone numbers.”In 2013 to 15, we were like the Bentley of the employee handbook,” MacInnis says. “Today, the core experience is really messaging.”Inkling’s business model now is 80 percent subscription revenue and 20 percent services revenue, MacInnis estimates. It has dedicated teams who create branded versions of Inkling for each big client, most of whom work in retail and the food industry.Top to bottomInkling has been in business for seven years, and underwent two pivots. MacInnis says that the company’s culture and a strong belief in its product is what helped it thrive.”When I go in and pitch customers on the platform, I’m pitching them on reduced labor expenses, improved labor efficiency and ultimately better customer experiences” MacInnis says. “But I honestly don’t care about that part of our business. The emotional part for me is when we put this exact sort of interface in front of [store employees] and they just started giggling. They’re so excited to use it because it would simplify all this crap that they do today over text message and email and stuff.”last_img read more

To Earn Customer Trust on Data Privacy You Need to Change the

first_imgJuly 18, 2018 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global 7 min read Opinions expressed by Entrepreneur contributors are their own. Growing a business sometimes requires thinking outside the box. Every morning, people are willing to cough up a few bucks for a dark roast. But, four out of five Facebook users say $1 per month is too steep a price to pay for the privilege of logging in. A funny fact, considering it is a little harder to make a platform that connects 2 billion people than it is to make a morning beverage. Nevertheless, many of these same people have reacted strongly to the recent data collection so-called scandals.Related: What Small Business Owners Need to Know About CybersecurityBut, even if anger over these scandals is more hype than reality, it does not mean tech companies can ignore the problem. Considering that anger is the emotion that spreads fastest on social media, companies should be more careful than ever when it comes to the hot-button issue of data — first and foremost by being sure to develop secure products and services, and having integrity.Beyond that, however, there are a few more proactive steps companies should take to prevent this “manufactured” outrage from being directed at them:Take control of the narrative.For days after the Cambridge Analytica scandal broke, Mark Zuckerberg and Sheryl Sandberg — the only public faces of the company — were silent and unavailable to the media and users. This allowed everyone other than the company to define the narrative, and led to rampant speculation about the company’s culpability. In fact, it quickly led to the explosion of the #DeleteFacebook movement, which even garnered support by tech leaders like Steve Wozniak.It is not exactly clear what took the tech giant’s leaders so long to respond (perhaps it was to avoid Zuckerberg’s public perception issues, or to protect Sandberg for a future run for political office). But, what is clear is that had Facebook leadership activated a ready-made crisis plan and put senior management in front of a camera to take control of the narrative, it could have stemmed the tide and somewhat mitigated the fallout. Starbucks, for example, had success doing just that in the wake of its recent racially charged public relations crisis.Related: Beyond the Privacy Fine Print: Making Privacy More TransparentWith that in mind, Facebook (and other famous-founder companies) would be wise develop more public faces — ones that are market-research tested, viewed credibly, and willing to sacrifice personal time and reputation to commit to the task. And other companies should do the same as well, in order to be able to get ahead of the issue and shape the story themselves.Facebook has since made an ad about how bad it has become, as it tries to be introspective and pledges to do better. While this is a great example of taking control of the narrative, it is something that should have been done early and proactively, before the issue spiraled out of control. In this, other companies can learn from Facebook’s mistake.Simplify the terms of service.A second step companies should take to reduce the risk of generating outrage over their use of data is to make sure their users are aware of exactly how they are using it in the first place. And this begins with simplifying companies’ terms and conditions — something that TechCrunch actually calls “the biggest lie of our industry.”Faced with language that is intentionally (and unnecessarily) lengthy, complex and vague, a recent Deloitte survey of 2,000 consumers in the U.S. found that a whopping 91 percent of people actually consent to legal terms and services conditions without reading them. For younger people, aged 18-34, the rate is an even higher 97 percent.Related: 3 Reasons Why Privacy Matters to Your Business, Your Brand and Your FutureAs such, companies should take it upon themselves to educate their users by making their terms and conditions easier to read — more specifically, by using plain language summaries similar to those required for legislative ballots in many states across the U.S., or the ones now required under GDPR. In fact, a recent poll by my company Probolsky Research found a majority (52 percent) of U.S. adults support legislation that would force companies to present short, easy-to-understand summaries of their terms of service agreements.Other experts suggest that another solution to address the no-reading issue is to change the design of terms of service. “One approach is to move the contract out of the one-second moment before access is granted, and to place its terms before the user when they become relevant,” writes David Berreby for The Guardian. The experts in the article actually cite Facebook as a positive example, referencing the company’s “Who can see this?” feature that appears when users are about to post a photo.Inspire confidence in the model you have.Just as Winston Churchill said about democracy, one could say that the free, big data advertising model is the worst business model, except for all the others. Results from the same national survey by Probolsky Research found not quite half (43 percent) of Americans know that big technology companies collect and sell their user data and show them ads. So, while not everyone is familiar with how many FANGs make money, it is not a secret either.Companies must realize that they are never going to please everyone, and instead strive to inspire consumer confidence by making a commitment to data security. By highlighting the steps they are taking to protect their users — and actually “bragging” about it as part of their marketing and PR strategies — companies can make sure consumers are aware of the steps they are taking to protect them and begin to get more users on board with the model.Related: 5 Technologies That Can Prevent PR NightmaresThis, however, does not stop users from being skeptical of how companies are using their data. For this reason, companies should also pull the curtain back on their processes to show consumers exactly how their data is being collected and used. As an example, companies could make an explainer video, taking viewers on a tour through their data warehouses and showing them where their data is being stored, what it is used for and how it is being protected — just as Google does here.At the end of the day, this is not just transparency for transparency’s sake — but also a way to demonstrate all of the good the data does for individuals themselves and for the world around them. As Google, again, demonstrates, companies therefore have an opportunity to highlight in their messaging exactly what consumers would be missing if their services were not there. After all, it is tough to imagine a world without access to Google, for example.While data privacy — particularly in light of the recent Cambridge Analytica scandal and the even more recent GDPR implementation — is at the heart of many media conversations today, companies can change the existing narrative of outrage by beginning to take more proactive steps. Among them, companies should take control of the narrative in the immediate aftermath of scandal, improve their terms of service and work to educate the public about the benefits of their existing business models. Register Now »last_img read more

Announcing Linux 50

first_imgYesterday, Linus Torvalds, announced the stable release of Linux 5.0. This release comes with AMDGPU FreeSync support, Raspberry Pi touch screen support and much more. According to Torvalds, “I’d like to point out (yet again) that we don’t do feature-based releases, and that ‘5.0’ doesn’t mean anything more than that the 4.x numbers started getting big enough that I ran out of fingers and toes.” Features of Linux 5.0 AMDGPU FreeSync support, which will improve the display of fast-moving images and will prove advantageous especially for gamers. According to CRN, this will also make Linux a better platform for dense data visualizations and support “a dynamic refresh rate, aimed at providing a low monitor latency and a smooth, virtually stutter-free viewing experience.” Support for the Raspberry Pi’s official touch-screen. All information is copied into a memory mapped area by RPi’s firmware, instead of using a conventional bus. Energy-aware scheduling feature, that lets the task scheduler to take scheduling decisions resulting in lower power usage on asymmetric SMP platforms. This feature will use Arm’s big.LITTLE CPUs and help achieve better power management in phones Adiantum file system encryption for low power devices. Btrfs can support swap files, but the swap file must be fully allocated as “nocow” with no compression on one device. Support for binderfs, a binder filesystem that will help run multiple instances of Android and is backward compatible. Improvement to reduce Fragmentation by over 90%. This results in better transparent hugepage (THP) usage. Support for Speculation Barrier (SB) instruction This is introduced as part of the fallout from Spectre and Meltdown. The merge window for 5.1 is now open. Read Linux’s official documentation for the detailed list of upgraded features in Linux 5.0. Read Next Remote Code Execution Flaw in APT Linux Package Manager allows man-in-the-middle attackIntel releases patches to add Linux Kernel support for upcoming dedicated GPU releasesUndetected Linux Backdoor ‘SpeakUp’ infects Linux, MacOS with cryptominerslast_img read more