CEO | Pixr8 News

Accused of Sexual Harassment, Arunabh Kumar Quits as TVF CEO

16Jun By PriyankaNo Comments

News

Accused of Sexual Harassment, Arunabh Kumar Quits as TVF CEO

Facing allegations of molestation, Arunabh Kumar on Friday stepped down as the chief executive officer of web entertainment channel The Viral Fever. In a statement posted on his Twitter handle, Kumar said he had decided to quit as he believes the organisation is bigger than the individual. 'I have decided to step down as TVF CEO. A lot has happened in the last three months which has mentally and emotionally drained me. However, I have faith and confidence that eventually truth will prevail,' he wrote on Twitter. Kumar was replaced by Dhawal Gusain, who has been with the company since 2015 as the COO. 'Lot of people wanted me to say something or tell my side of the story, but I did not because I learend the hard way what happens when you say anything in haste. 'We made a grav...

Paytm Appoints Renu Satti as a CEO of Paytm Bank, Shinjini Kumar Quits

17May By AnkitaNo Comments

News

Paytm Appoints Renu Satti as a CEO of Paytm Bank, Shinjini Kumar Quits

After months of delay, Paytm is now set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India. The digital payments and commerce firm has named Renu Satti as its new CEO, following the departure of Shinjini Kumar. "Paytm Payments Bank Ltd (PPBL) has received the final licence from the RBI and would commence its operations on May 23, 2017," it said in a public notice. A Paytm spokesperson said: "We recently received approval from RBI for Renu Satti to be the CEO." Satti had joined Paytm in 2006 as manager human resources and over the years, has been involved with various departments at the company. Most recently, she was heading the movie ticketing business as vice president. Before Paytm, she has worked with M...

Snapchat Stock Falls as Alleged CEO Comments on India

18Apr By AdityaNo Comments

News

Snapchat Stock Falls as Alleged CEO Comments on India

Shares of Snap fell 1.5 percent as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritising growth in India and Spain because they were "poor" countries. The dip put Snap on track to close at its lowest level in nearly a month, a bad sign following its $3.4 billion public listing that was the hottest by a technology company in three years. Twitter users using the #boycottsnapchat hashtag called for uninstalling the Snapchat app after a legal document unsealed last week alleged that Snap Chief Executive Evan Spiegel in 2015 said he was uninterested in prioritising growth in India and Spain because they were "poor". The legal document filed in a Los Angeles state court concerns claims made in a lawsuit filed by an employee who left the company...

It’s War Against Uber, Company Will Be Profitable in 2 Years: Ola CEO

7Apr By Press Trust of IndiaNo Comments

News

It’s War Against Uber, Company Will Be Profitable in 2 Years: Ola CEO

Indian cab aggregator Ola today said the firm is focussing on building a sustainable business and will turn profitable in two years even as it used the analogy of "Vietnam War" to describe competition with its US-based rival Uber. "...this is corporate war and the competition between us and Uber is very intense... the analogy that I gave about India is that this is like Vietnam War. "We are the local guerillas...We have the Americans carpet bombing us but we will go into the nooks and corners of the country and we will find those opportunities in niche areas and in large areas," Ola co-founder and CEO Bhavish Aggarwal said at a TiE event here. He added that the Bengaluru-based company is focussing on building "more sustainable" and profitable solutions to grow its market share in ...

Women are Taking the Centre Stage in Saudi Arabia

3Mar By NitishNo Comments

INSPIRATIONAL

Women are Taking the Centre Stage in Saudi Arabia

New Delhi, Delhi, India- A commercial bank in Saudi Arabia appointing a woman as a CEO; a woman becoming the dean of a renowned medical college; women and men attending the recent Comic Con event in Jeddah; Women-only gymnasiums gaining traction; celebration of first ever Women’s Day - Women in Saudi Arabia are well on their way to have similar rights as their male counterparts. The Kingdom of Saudi Arabia, with a progressive leadership & a formative Vision 2030 document is fast becoming a society well in-sync with the developments of the rest of the world. A traditional society with deep respect for its culture, values and its belief system, the Kingdom of Saudi Arabia, has an innate regard for the role of women in society. One the biggest development has been in the financial sect...

Bala Girisaballa Appoint as CEO of Microsoft Accelerator

30Aug By Press Trust of IndiaNo Comments

News

Bala Girisaballa Appoint as CEO of Microsoft Accelerator

Microsoft today said Bala Girisaballa will be leading Microsoft Accelerator in India as CEO-in-Residence. Prior to this, Bala was with Globalisation and market expansion advisory Zinnov as Partner and Practice Head helping MNC R&D companies. He took charge of the Accelerators India operations, with effect from August 1. Microsoft also announced that Ravi Narayan, Director, will now assume the role of Global Director at Microsoft Accelerator. Girisaballa will lead the Accelerators efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology enablement, global go-to-market efforts and deep business advisory in the form of Hi-Po and Scale-Up programs, Microsoft said in a statement here. Ravi Narayan, in his new ...

Google CEO Sundar Pichai’s Quora Account Hacked

27Jun By AnkitaNo Comments

News

Google CEO Sundar Pichai’s Quora Account Hacked

Google CEO Sundar Pichai's Quora account has been hacked by the same group which previously broke into Facebook boss Mark Zuckerberg's Twitter and Pinterest accounts, according to a media report today. The hacker group called OurMine Team has been posting messages on Quora through Pichais account. The breach of his account became apparent when tweets linking to his Quora posts appeared on his official Twitter account yesterday. The Indian-born Google CEOs has 508,000 followers. The hacker group initially wrote, hacked using his account. "Hey its OurMine, we are just testing your security, please visit OurMine to upgrade it," it said in later posts, The Verge reported. Pichai or perhaps his team, however regained control of the Quora account soon, and the tweets were deleted within fe...

CEOs Think Good Talents Go For Companies With Social Values

16May By Press Trust of IndiaNo Comments

ANALYSIS

CEOs Think Good Talents Go For Companies With Social Values

CEOs increasingly believe that the best talent will only join and stay with organisations that have strong values and are focused on benefiting society, according to a survey. "About 67 per cent of CEOs think that in five years, rather than going for the biggest pay cheque, talent will prefer to work for organisations with social values that match their own and they are making changes to their talent strategy accordingly," PwCs 19th Annual Global CEO survey reveals. PwC interviewed 1,409 CEOs in 83 countries for this survey. "We have been increasingly seeing a trend among Indian workforce where the purpose behind their roles and the contribution they make to society, is becoming important. They are willing to make trade-offs against pay for this aspect," PwC India Leader - Peo...

Indian Executives Open to Working With Startups: Survey

1May By Press Trust of IndiaNo Comments

ANALYSIS

Indian Executives Open to Working With Startups: Survey

A half of Indian executives polled are open to work with start-ups as partnering with new-age companies bring in agile and innovative methods, says a survey. However, the other half is still sceptical about working with a start-up, according to annual EY-CIO Klub's Enterprise IT trends and investment survey titled 'the startup gene: a way forward'. The survey, which revolves around the idea of the startup gene, noted that the CIOs of the country can benefit from partnerships with start-ups and by imbibing the attitude of start-up entrepreneurs. About a half of 294 Chief Information Officers (CIOs) polled have shown faith in implementing start-up practices to get their work done. This was supplemented by the fact that 30 percent of the respondents were aligned towards 'Do It For...

Twitter CEO Takes No Salary, Earns $68,506 Compensation

18Apr By AnkitaNo Comments

News

Twitter CEO Takes No Salary, Earns $68,506 Compensation

Twitter CEO Jack Dorsey did not take salary or stock options since he joined the struggling micro-blogging website last year and received personal and residential security costs totaling $68,506, a media report said on Saturday. His predecessor Dick Costolo was awarded a total of $91,795, which included a monthly salary of $7,162, car service and security costs, the Wall Street Journal reported. According to the micro-blogging website, it now has more than 300 million active users, far less when compared with Facebook's 1.5 billion users making it more popular, faster, and the choice of more marketers. Twitter reported 305 million monthly active users for the fourth quarter this year, compared to 307 million in the third quarter that excluded SMS-only followers. The almost-flat...

Here’s What LinkedIn CEO Jeff Weiner’s Said After Stock Loses 40% of Its Value

13Feb By No Comments

BLOGS

Here’s What LinkedIn CEO Jeff Weiner’s Said After Stock Loses 40% of Its Value

In case you haven’t been paying attention, many tech stocks are under serious pressure. LinkedIn, where I have been an executive for nearly six years, is one of those companies, having lost more than 40% of our value after announcing our 2015 earnings and guidance for 2016 last Thursday. As you can imagine, this has the potential to cause angst and churn, both internally and externally, and over the last week, I’ve been fascinated by the varied reactions of people, both inside and outside the company, with whom I’ve interacted: indignant, perplexed, resilient, full of pity, inspired and shell-shocked. When something like this happens at a company, you can witness very extreme, and often negative, reactions from people like the CEO and CFO, who can get into a blame game and create a c...

Google CEO Pichai Receives Stock Grant Worth About $199 Million

9Feb By reutersNo Comments

News

Google CEO Pichai Receives Stock Grant Worth About $199 Million

Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc. Pichai, who took over in August, received a grant for 273,328 Class C Google stock units on February 3. The valuation is based on the stock's closing price on that date. On the same day, Pichai sold 375 Class A common shares at a price of $786.28 each, and 3,625 Class C capital stock at a price of $768.84 each, the filing said.