Category Archives: Business

Travis Kalanick: Uber CEO’s Leave Obviously Not Enough, Now He Has Been Forced to Resign (Video)

*Ouch. Just when the business world had begun to realize scandalous claims of sexual harassment and other seemingly permissible inequities towards women in the Uber workplace had forced its co-Founder and CEO, Travis Kalanick, to take a leave of absence from the company; now comes the breaking news that Kalanick will not be returning at all.

The CEO of Uber has resigned.

Following Kalanick’s decision to go on leave with no return date in mind; a leave that had him telling Uber employees he needed to “work on Travis 2.0 to be the leader they deserved,” investors continued to have meetings around the subject. Apparently, the result of these get-together’s left them questioning whether Kalanick — who no one had even heard of prior to Uber (had they?) — even had the ability to be such a leader. Unfortunately for him, they have no time to wait, so he was asked to leave. Continue reading

Travis Kalanick, Uber CEO, Leaving (For A While)

*While many of the Uber staff may have been shocked by a recent memo they received from the chief, others probably saw the writing on the wall. What the heck am I talking about? Uber CEO, Travis Kalanick. He wrote a heartfelt memo — well, as “heartfelt” as any money-monger businessman can muster — letting staff know that he is taking leave for a good minute. He says that for Uber 2.0 to grow and become better, as a leader he knows he must first work on “Travis 2,0.”

The ride-share company has gone through its own personal and public hell over the past years. And to borrow from yet another well-known cliche, “Too whom much is given” — even more is expected. 

During its past eight years, Uber has faced claims of sexual harassment, misconduct, departing executives, racial inequities and more in its workplace culture.

And just two months ago, one employee — an African American man who worked at the company as an engineer, was found dead in his home garage by his wife. His death was ruled a suicide; and his wife said that as an Uber employee, he faced what he obviously felt were insurmountable challenges.

Personally, in my humble opinion, I believe one sign of leadership (not qualifying it as good or bad) is someone who knows when its time to step down; if even for a while. Continue reading

Oh No! Chipotle Hit By Hackers, Customers Payment Info Compromised

*Mexican food retailer Chipotle just can’t seem to get a break. Ever since they were hit with the whole food poisoning claim in 2015, the restaurant chain has been struggling to get their financial footing back on track and convince former customers (I was one of ’em) that it’s safe to come back. They were just beginning to recover financially before they were forced to put out a statement saying hackers have used malware to steal customer payment data from their restaurants over a three-week span.

The breach affects roughly 2,250 restaurants for varying amounts of time between March 24 and April 18, according to what spokesman Chris Arnold told Reuters via email. Continue reading

Even NBC’s Al Roker said “NO!!” to Burger King’s Unholy Mac n’ Cheetos Mash-Up

*Burger King’s Mac n’ Cheetos are back for a limited time!

After selling out quickly in June of 2016, the fast food giant is trotting this unholy hybrid of traditional macaroni and cheese encased in a deep fried Cheetos shell.

Yeah.  That’s what I said.

Let’s just address the elephant in the room:  I’m nervous whenever white folks try to serve up mac & cheese.  There.  I said it.  I love my white folks, but mac & cheese is not one of their strong suits.  Brie and crackers, maybe.  But mac & cheese?  No.

Then, there’s the Cheetos shell.  Even more than I love my white folks, I love my Cheetos. A handful of Flamin’ Hot Puffed Cheetos is hard to beat.  But using that precious Cheetos dust to wrap up what’s basically boxed mac & cheese?  No.

Just no. Continue reading

Woman Claims Her Fitbit Exploded, Burned Her

fitbit-opens-up-52

*Wearable tech is increasingly popular these days.  You’ve seen them: those electronic devices strapped to wrists that allegedly guide users to better health and fitness.  They’re supposed to help you, not hurt you, right?  

Dina Mitchell claims she was wearing her Fitbit Flex 2 device when it spontaneously exploded, leaving her with second-degree burns on her wrist.

“It didn’t heat up at first, there was no warning, it just, it burst into flames.  It exploded,” she said.

Mitchell received treatment at an urgent care facility, where a doctor removed pieces of rubber and plastic from her arm! Continue reading

Ever Wonder Exactly ‘Why’ You Didn’t Get That Job?

woman-thinking-2

*Nailed it! This was your response when your friends asked how you did on the interview for the job you’d been so excited about. You had talked about it all week, and finally, the day came. You looked good, too! Hair done — nails conservatively short and painted neutral — not your usual outlandish purple with black dots. You even managed to wear a knee-length skirt, a real shocker to your friends who never even saw your legs before!

But then you get a call from the agency that referred you to the job, and you hear those dreaded words: “They decided to go with someone else.”

No, not again, you scream!

After you calm yourself down, you may do the same thing this woman does. Continue reading

Bilingual? Your Job Prospects Are Looking A Lot Better, Study Finds

Looking for a job? You may want to consider signing up for a language class. According to a new report published by New American Economy, the demand for bilingual workers is on the rise, more than doubling between 2010 and 2015.

Researchers from Burning Glass Technologies analyzed online job postings and found that in 2010 there were about 240,000 job postings seeking bilingual employees. In 2015, this demand jumped to 630,000 posts. The Boston Globe reports that the most significant rises in demand were for individuals speaking Chinese, Spanish, and Arabic.

Demand for bilingual workers in higher-end jobs, in industries such as finance and engineering, grew the fastest, according to The Boston Globe. The majority of employers, however, were not looking for people with a bachelor’s degree. These job listings sought customer service representatives and medical assistants.

Speaking two languages has proven to pay off. Studies show that bilingual employees earn 20% more money than their monolingual peers. In addition to the financial benefit, bilingualism has career performance benefits as well. Today’s employees need to fit into the global economy, making bilingualism more important than ever, John Feinblatt, chairman of New American Economy, said in a press release.

“In today’s global economy, businesses require employees who can serve customers in a variety of languages,” he said. “This research highlights the growing need to attract and promote a multilingual workforce among both foreign- and U.S.-born talent.”

According to Pew Research, there will be about 38.5 million working-age immigrants living in the United States. As the United States workforce continues to evolve, so will communication expectations. Studies show that 55% of communication happens through facial expressions and body language, 37% through tone of voice, and 8% through words. In a multicultural workforce and client base, this 8% becomes vitally important.

The need for multilingual workplace communicators is especially tricky for less-widely spoken languages. Maria Vertkin, executive director of Found In Translation, a non-profit training low-income immigrants as medical translators, told The Boston Globe that the spike in the need for translators has been palpable.

“The tone has changed over the last five years, from just having open positions to kind of a desperate tone,” she said. “‘We really, really need Korean. We really, really, really need Somali.’ We’re getting pleading calls and e-mails at this point.”

The study noted that despite this clear demand, fewer students in the United States are taking language classes. Only 7% of college students were taking a language class by 2013, and less than 1% of adults had actually remained proficient in the language that they learned in school.

Language classes, while difficult, mobilize multi-sensory learning to obtain language comprehension in its entirety. Educational researchers show that 83% of learning happens visually, 11% happens through hearing, and the remainder through other senses. The study clearly shows that both employees and employers could benefit from an increase in this visual-auditory learning and communication.

“The data provides us with a comprehensive picture of what today’s employers are looking for—and also how the demand for bilingual workers has changed over the last few years,” the study concludes. “The results of our analysis are clear. In the years since 2010, the United States has experienced strong job growth. During this period, however, workers who could speak a second language fluently faced a distinct advantage.”

Facebook, Snapchat Set to Dominate Mobile Ad Market

There’s no doubt that we live in a digital world. We love our technology, as is evidenced by the 85% of Americans ages 18 to 29 who own smartphones. Smart marketers have learned to capitalized on this sea change, shifting their focus to digital ads — specifically, those viewed on mobile devices. And while many companies strive to compete in the mobile ad arena, there’s one that continues to overshadow the rest: Facebook.

According to Business Insider, ads that originated from mobile app installations represented 17% of Facebook’s overall ad revenue in 2015. That’s an impressive increase from the company’s stats from 2012, when ad revenue from mobile devices accounted for 11% of its entire ad yields.

In fact, Facebook gets the majority of its revenue from mobile use. Consumers are steadily opting for tablet and phone use over personal computers and laptops, so it’s no surprise that mobile data consumption is at an all-time high.

But now, Snapchat is trying to hit Facebook where it hurts.

Business Insider reports that Snap, the parent company behind popular social sharing platform Snapchat, is allowing its advertisers to target Snapchat users that are likely to download apps put forth by these other companies.

The new tool is said to be a direct attack on Facebook, which has recently come under fire from advertisers who don’t want their ads placed near questionable content. Twitter, Youtube, and Google have recently received backlash over the same concerns.

Snap will use goal-based bidding in its new advertising tool, which allows marketers to target users who have interacted with ads in the past or who are more likely to install certain apps.

And while 70-80% of digital users ignore paid ads in web searches, Snap is confident that these kinds of targeted ads will pay off without alienating current Snap-lovers.

Peter Sellis, director of monetization at Snap Inc., said in a statement to Business Insider:

“We’ve been listening closely to direct-response advertisers and are excited to announce the ability to ‘bid for installs’ in our auction. This is a new, cost-efficient way to drive app installs right from Snapchat.”