Morning Tidings

Tag: pressure

  • Linda Yaccarino To Resign? X CEO Resisting Pressure To Quit Amid ‘Growing Pressure From Advertisers’, Says Report

    Linda Yaccarino To Resign? X CEO Resisting Pressure To Quit Amid ‘Growing Pressure From Advertisers’, Says Report

    If reports are believed, Linda Yaccarino, CEO of X, formerly Twitter, could resign. The development comes after several brand chiefs and marketing leaders contacted Linda Yaccarino to push her to leave. According to the The Spectator Index, a report in The Financial Times said that X CEO Linda Yaccarino is reportedly resisting pressure to quit amid “growing pressure from advertisers”. Lou Paskalis, founder & CEO of marketing consultancy AJL Advisory, said that he messaged Yaccarino on Sunday afternoon and urged her to leave “before her reputation is damaged”, reports Axios. X Completes One Year Under Elon Musk; Average User Spending 32 Minutes a Day on Platform, Says CEO Linda Yaccarino.

    Will Linda Yaccarino Quit as X Ceo?

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  • FTX Collateral Crashed Down to Billion From Billion as CEO Sam Bankman-Fried ‘Froze Up in Face of Pressure’

    FTX Collateral Crashed Down to $8 Billion From $60 Billion as CEO Sam Bankman-Fried ‘Froze Up in Face of Pressure’

    San Francisco, November 23 : Sam Bankman-Fried (SBF), founder of bankrupt crypto exchange FTX and trading house Alameda Research, “froze up in the face of pressure” as his company collapsed, bringing its collateral down to $8 billion from $60 billion. In a letter to FTX employees, accessed by CoinDesk, the former CEO apologised to them, saying he is “deeply sorry about what happened”.

    “I didn’t mean for any of this to happen, and I would give anything to be able to go back and do things over again. You were my family,” he wrote in the letter.

    “I’ve lost that, and our old home is an empty warehouse of monitors. When I turn around, there’s no one left to talk to,” SBF added. FTX CEO Sam Bankman-Fried Pocketed $300 Million After Big Funding Raise in 2021: Report.

    According to Bankman-Fried, FTX had around $60 billion in collateral and $2 billion in liabilities this spring, but a market crash meant the collateral’s value was halved.

    “I froze up in the face of pressure and leaks and the Binance (letter of intent to purchase FTX) and said nothing,” he said. FTX filed for bankruptcy due to “an extreme amount of coordinated pressure”, which Bankman-Fried said he agreed to “reluctantly.” Hong Kong-Based Crypto Exchange AAX Suspends Withdrawals Amid FTX Collapse.

    According to an earlier report in The Wall Street Journal, the beleaguered crypto exchange secured $420 million in October 2021. Bankman-Fried pocketed $300 million after a big funding raise last year, the report claimed.

    “Nearly three-quarters of the money, $300 million, went instead to FTX founder Sam Bankman-Fried, who sold some of his personal stake in the company,” the report mentioned, citing FTX financial records and sources.

    A court filing in the US concerning FTX has revealed a crypto empire that was massively mismanaged and possibly fraudulent — a “complete failure of corporate controls”.

    The company never had board meetings, and crypto deposited by customers wasn’t recorded on the balance sheet, according to the filing. Corporate funds were used to purchase real estate for personal use, and employees and executives put their names on homes purchased with company funds, according to the filing.

    (The above story first appeared on Morning Tidings on Nov 23, 2022 06:02 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Mind-Blowing Literally! XXX OnlyFans Star Weronika Says Her Head ‘Exploded’ on Flight Due to Air Pressure After Neck Lift and Cat-Eye Surgery

    An OnlyFans model was left in sheer shock after her head ‘exploded’ during a post-surgery flight. The woman who goes by the name @polish_99 on the app dropped a viral video on TikTok wherein she revealed how the back of her head blasted while she was on a flight due to the air pressure. Weronika underwent a neck lift and cat-eye surgery in Turkey, which caused her severe pain. “Like, my actual ear was in pain as well, and I was like, ‘How is that possible? I can’t even feel my ears yet,” she said. Teacher-Turned-XXX OnlyFans Model, Sarah Seales Defends Students Using Her Nickname ‘Buttercup’! Everything You Need to Know.

    Read The Whole News: 

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  • Flipkart Fined Rs 1 Lakh by CCPA for Selling Sub-Standard Pressure Cookers on Its Platform

    New Delhi, August 17: The Central Consumer Protection Authority (CCPA) passed an order on violation of consumer rights by e-commerce platform Flipkart for allowing the sale of domestic pressure cookers in violation of mandatory standards and imposed a penalty on the company.

    Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to notify consumers of all 598 pressure cookers sold on its platform and recall the items and reimburse their prices to the consumers and submit a compliance report of the same within 45 days. Flipkart Customer Gets Soap Bars Instead of iPhone 12 During Flipkart Big Billion Days Sale 2021: Watch Video.

    The company has also been directed to pay a penalty of Rs 1,00,000 for allowing sale of such pressure cookers on its e-commerce platform and violating rights of consumers.

    The Central Government, from time to time, notifies the Quality Control Orders (QCOs) specifying compulsory conformity to a standard and use of standard mark for a product to protect consumers from risk of suffering injury and harm and in the interest of public at large.

    The Domestic Pressure Cooker (Quality Control) Order, which came into force on 01.02.2021 mandates conformity to IS 2347:2017 for all domestic pressure cookers.

    Therefore, since 01.02.2021, all pressure cookers are required to conform to IS 2347:2017 and due diligence is required to be done whether the pressure cookers are offered for sale online or offline.

    CCPA observed that provisions in the ‘Flipkart Terms of Use’ such as mandatory use of the words ‘Powered by Flipkart’ on every invoice of the product and distinguishing sellers as Gold, Silver and Bronze for distribution of various benefits indicates the role played by Flipkart in sale of the pressure cookers on its e-commerce platform.

    Flipkart admittedly earned a total fee of Rs 184,263 through sale of such pressure cookers on its e-commerce platform. It was observed by CCPA that when Flipkart has gained commercially from the sale of such pressure cookers, it cannot alienate itself from the role and responsibility arising out of their sale to consumers.

    To raise awareness and quality consciousness among consumers, CCPA has launched a country-wide campaign to prevent sale of spurious and counterfeit goods that violate QCOs published by the Central Government.

    Daily use products identified as part of the campaign include helmets, domestic pressure cookers and cooking gas cylinders. CCPA has written to District Collectors across the country to investigate unfair trade practices and violation of consumer rights concerning manufacture or sale of such products and submit action taken report.

    Under the campaign, Bureau of Indian Standards (BIS) has conducted search and seizure of a number of non-standard helmets and pressure cookers. 1,435 pressure cookers and 1,088 helmets which did not conform to mandatory standards have been seized by BIS.

    (This is an unedited and auto-generated story from Syndicated News feed, Morning Tidings Staff may not have modified or edited the content body)

  • Huawei Watch D Smartwatch With ECG, Blood Pressure Monitoring Launched

    Beijing: Chinese tech giant Huawei has launched ‘Watch D’ smartwatch made up of a custom-made high hardness aviation aluminium with improved durability and scratch resistance. Recognising over 70 exercises, the Watch D offers features including heart rate monitoring, sleep tracking, and the ECG and blood pressure features we mentioned previously. Huawei Unveils Foldable ‘P50 Pocket’ Smartphone in China.

    Heart rate detection will be done through an eight-channel high-sensitivity optical sensor, reports GizmoChina. It will go on sale in China on 25 December 2021 and cost 2988 Yuan.

    The smartwatch features a squarish 1.64-inch display and has an HD resolution providing 326 PPI retina-level clarity. On the app, users can monitor their results for improvements. The feature seems to be similar to the one available in the Samsung Galaxy Watch 4.

    A micropump with a size equal to a dime and with a compression capability of 40kPa has been fitted inside, allowing accurate 40mmHg to 230mmHg blood pressure measurement.

    As per the website, “of course, such a smartwatch will never replace a real BP monitor but it works and can give you an idea about your health and condition. It can be for quick or everyday use”.

    (The above story first appeared on Morning Tidings on Dec 24, 2021 09:01 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Japan’s Toshiba Announces Plan to Split Into Three Businesses After Pressure From Activists

    New Delhi, Nov 12: Japanese conglomerate Toshiba has confirmed plans to split the company into three separate businesses, BBC reported.

    Toshiba said the three companies would be focused on infrastructure, semiconductors and devices.

    The company has come under increasing pressure from activist investors to make changes since an accounting scandal in 2015, the report said. Philippines: Iloilo First City in Asia Where Property Sold For Cryptocurrency

    This week, US giant General Electric announced a similar strategy that will see the historic company broken up.

    Toshiba’s plan will see it spin off two core businesses — its energy and infrastructure unit as well as its device and storage operation.

    After shedding those two companies, Toshiba will continue to own a 40.6 per cent stake in memory chipmaker Kioxia as well as other assets.

    It expects to complete the reorganisation by the second half of 2023, the report said.

    The move is aimed to increase the stock market valuations of Toshiba’s different businesses after facing pressure from shareholders.

    But some analysts are concerned about the timescale for the changes.

    “The move is in the right direction, but it seems slow,” said Atul Goyal of investment bank Jeffries, who would have preferred a timeline of three-to-six months, as per the report.

    “2023 is a long way out and we are not sure what else will change between now and then.”

    Toshiba is one of Japan’s oldest and largest firms, with divisions that range from home electronics to nuclear power stations.

    However, the company has faced wrenching changes in recent years as it dealt with the fallout of an accounting scandal and huge losses linked to its US nuclear unit.

    (The above story first appeared on Morning Tidings on Nov 12, 2021 05:02 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Zydus Cadila gets USFDA permission to treat cancer and high blood pressure

    Zydus Cadila gets USFDA permission to treat cancer and high blood pressure

    Drug firm Zydus Cadila said on Thursday that it had received final approval from the US health regulator for the marketing of Ibrutinib Capsules, which is used to treat certain cancers.

    The company has also received approval to market the Macitentan tablet used to treat high blood pressure in the US market.

    Cadila Healthcare said that Zydus Cadila has received final approval from the US Food and Drug Administration (USFDA) for the marketing of Ibrutinib Capsules with a strength of 70 mg and 140 mg.

    Ibrutinib belongs to a class of drugs known as kinase inhibitors and is used to treat certain cancers, such as mantle cell lymphoma or marginal zone lymphoma, chronic lymphocytic leukemia / small lymphocytic lymphoma, and Waldenstrom’s. Macroglobulinemia.

    The company stated that Ibrutinib capsules, 70 mg and Ibrutinib capsules, are eligible for 140 days of generic drug specificity for 140 mg.

    The company said that 70 mg capsules have sales of US $ 32.5 million, while 140 mg supplements have sales of US $ 745.9 million.

    Zydus Group managing director Sharvil Patel said the company is investing significantly in building a portfolio of complex generic products and leveraging capabilities, enabling it to gain meaningful market share in complex generic products and hard-to-manufacture products Will help

    He added, “We have built a diversified portfolio of over 50 complex brief new drug applications (ANDAs) filed for USFDA approval and we will continue to expand this as we expand our US business in 2021 and beyond.” Seek opportunities, ”he said.

    In a separate filing, Zydus Cadila stated that it had received final approval from the USFDA for the marketing of the MacFentan tablet, 10 mg.

    Zydus Macitentan was one of the first ANDA applicants to submit a substantially complete ANDA with a Para IV certification for 10 mg, according to the USFDA letter. Therefore, with this approval, Zydus Macitentan tablets are eligible for 180 days of shared generic drug specificity for 10 mg.

    The group now has 314 approvals and more than 400 ANDAs have been filed since the filing process began in FY 2003-04.

    .

  • ‘Inflation at worrisome levels, oil prices will remain under pressure’

    ‘Inflation at worrisome levels, oil prices will remain under pressure’

    India was expected to maintain the current inflation targeting framework: Moody’s Analytics

    Inflation levels have plummeted and assuming a ‘worrisome’ ratio in India, Moody’s Analytics said Tuesday on Asia’s inflation concerns, driven by rising oil prices.

    Saying that India’s retail inflation has been breaking the Reserve Bank of India’s (RBI) 4% inflation target for the past eight months, the financial intelligence firm said that India and the Philippines are two notable exceptions – in Asia – where inflation is at a level of comfort. Is beyond.

    “Unsustainable food prices and rising oil prices exceeded India’s CPI (Consumer Price Inflation) by six times the upper band of 6% in 2020, disrupting the RBI’s ability to maintain the monetary setting during the height of the epidemic. happened. Higher fuel prices will keep pressure on the headline CPI and offer further rate cuts to the RBI, ”said the firm, which operates independently of credit rating agency Moody’s Investors Service.

    The firm said that India hopes to maintain its existing retail inflation targeting framework for monetary policy, with a target of 4% and a margin of 2% above and below it. To be revised from 1st April this year. “The government is reducing small amendments, including increased flexibility in exceptional times.”

    Describing India’s rise in retail inflation as worrisome, the firm said India’s basic CPI (excluding food, fuel and light prices) rose 5.6% in February to 5.3% in January, even in food and beverage. Inflation of the substance also rose from 2.7% to 4.3%. . “Food is a major driver of inflation, representing 46% of the CPI basket,” said Moody’s Analytics.

  • ‘Inflation at worrisome levels, oil prices will remain under pressure’

    ‘Inflation at worrisome levels, oil prices will remain under pressure’

    India was expected to maintain the current inflation targeting framework: Moody’s Analytics

    Inflation levels have plummeted and assuming a ‘worrisome’ ratio in India, Moody’s Analytics said Tuesday on Asia’s inflation concerns, driven by rising oil prices.

    Saying that India’s retail inflation has been breaking the Reserve Bank of India’s (RBI) 4% inflation target for the past eight months, the financial intelligence firm said that India and the Philippines are two notable exceptions – in Asia – where inflation is at a level of comfort. Is beyond.

    “Unsustainable food prices and rising oil prices exceeded India’s CPI (Consumer Price Inflation) by six times the upper band of 6% in 2020, disrupting the RBI’s ability to maintain the monetary setting during the height of the epidemic. happened. Higher fuel prices will keep pressure on the headline CPI and offer further rate cuts to the RBI, ”said the firm, which operates independently of credit rating agency Moody’s Investors Service.

    The firm said that India hopes to maintain its existing retail inflation targeting framework for monetary policy, with a target of 4% and a margin of 2% above and below it. To be revised from 1st April this year. “The government is reducing small amendments, including increased flexibility in exceptional times.”

    Describing India’s rise in retail inflation as worrisome, the firm said India’s basic CPI (excluding food, fuel and light prices) rose 5.6% in February to 5.3% in January, even in food and beverage. Inflation of the substance also rose from 2.7% to 4.3%. . “Food is a major driver of inflation, representing 46% of the CPI basket,” said Moody’s Analytics.

  • Central agencies may put pressure on Param Bir Singh: Congress

    Central agencies may put pressure on Param Bir Singh: Congress

    Accusing the Bharatiya Janata Party (BJP) of trying to destabilize the Maharashtra government, the Congress state unit on Sunday said that former Mumbai police chief Param Bir Singh, who had alleged corruption charges against state Home Minister Anil Deshmukh Can be applied under pressure. Central agencies.

    Addressing a press conference, Maharashtra Congress spokesperson Sachin Sawant said that this was not the first time in India that a serving official made allegations against those in power.

    Questioning Mr Singh’s claims, Mr Sawant said, “Deshmukh was in hospital after testing positive for the novel coronavirus in February. I had an online conversation with Deshmukh on two occasions when it was unavoidable. If Singh’s allegations are believed to be true, he waited until March and until he was transferred, to raise them.

    Mr. Sawant said that Mr. Singh may be under pressure from central agencies as his close Sachin Veg is in NIA custody. “Mr. C. Singh’s allegations raise many questions. It is all scripted. How did BJP leaders give sound bytes to news channels minutes after Mr. Singh’s letter went public?” He asked.