News Oil 

Ransomware attack at Mexico’s Pemex halts work, threatens to cripple computers

“Three Pemex employees said work ground to a halt on Monday because staff could not access a range of computer systems, such as those dealing with payments” writes Midwest Communications Inc for 95kqds.com. In a separate internal e-mail also seen by Reuters, Pemex told employees to disconnect from its network and back up critical information from hard drives.Operations were normal, and oil production and storage were unaffected, Pemex added, noting that it often received cyber attacks and threats but none had yet been successful.MEXICO CITY (Reuters) – A ransomware attack…

Read More
Crypto News 

Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M

“Dutch police have arrested the founder of blockchain game development startup Komodore64 that allegedly raised 78 million euros ($86 million) from investors, business-focused news outlet Sprout reported on Nov” writes Ana Alexandre for cointelegraph.com. The project and its native crypto coin K64, which have reportedly secured roughly $86 million in investments, have declared bankruptcy.The police seized N. at a hotel, where he had reportedly been staying because he felt threatened by angry cryptocurrency investors.Komodore64’s founder Sam N. allegedly lured investors claiming that the project had raised funds from a “well-known…

Read More
News 

Microsoft is rolling out a new management framework to its leaders — and it centers on a psychological insight called growth mindset

“One recent example of how Microsoft applied the growth mindset organizationally is the new management framework: Model Coach Care” writes Shana Lebowitz for businessinsider.com. Popularized by Stanford psychologist Carol Dweck, growth mindset speaks to the underlying belief that a person has about failure and success.The key to higher achievement via the growth mindset lies in focusing on process more than ability, and has quantifiable results for achievement.Microsoft also applies the growth mindset on an organizational level: Senior leaders are quick to recognize internal shortcomings and work to correct them. Source: businessinsider.com

Read More
News 

McDonald’s CEO left over a workplace relationship — and more companies are adopting romance policies

“Increasingly, US companies are adopting policies addressing workplace romances, a trend that began well before the #MeToo movement galvanized a national conversation surrounding sexual misconduct” writes Alexandra Olson for businessinsider.com. The SHRM study found that 45% employers with workplace romance policies forbid relationships between employees of significant rank differences, while 35% prohibited them between employees who report to the same supervisor. Source: businessinsider.com

Read More
Markets News 

Uber’s Latin American stronghold pursued by SoftBank-funded rivals

“The company identified 30% market share as a key milestone at which it could have a critical mass of both riders and drivers” writes Midwest Communications Inc for 95kqds.com. The company has systematically pursued its rival’s business, deploying its employees to hail Uber rides to recruit drivers and planting its centers for driver assistance beside Uber’s.Prior to Didi’s arrival, Uber held 87% of the Mexican ride-hailing market, according to an August 2017 study from Dalia Research, a Berlin-based consumer research firm.The company’s market share soared to well over 30% in…

Read More
News 

Facebook apologises after being accused of ‘empowering racism against its employees of colour’

“Facebook apologised on Friday after black employees anonymously shared feelings of workplace bias in an online post” reports firstpost.com. “The problem is not just with black employees of different genders,” the post read.The anonymous post maintained that the atmosphere at Facebook has worsened in the past year when it came to non-white workers being recognized, empowered and treated equitably. Source: firstpost.com

Read More
News 

Child porn sting arrests 17, including two Disney employees

“A child pornography sting operation in Central Florida has led to the arrest of 17 people, including two Disney employees” writes Nicole Acevedo Is for nbcnews.com. Another man said that if he didn’t look at child pornography, he would sexually batter children.Kinney was arrested in mid-October on suspicion of possessing child pornography and told authorities he had been viewing child pornography for 22 years and knew it was wrong, illegal and immoral, but couldn’t stop himself and needed help, NBC afiliate WESH reported.Police said Durr described himself as “a pervert,…

Read More
News 

Facebook accused of ‘empowering’ a racist company culture

“Almost a year ago, former Facebook manager Mark Luckie accused the social network of “failing its black employees and its black users.”” writes Mariella Moon for yahoo.com. An anonymous post on Medium from an account named “FB Blind” is accusing Facebook of empowering racism against its employees of color.According to a group of black, Latinx and female Asian employees, not much has changed since then.One program manager was even asked by two white employees to clean up their mess after eating breakfast. Source: yahoo.com

Read More
News 

Efficiency-obsessed tech firms are sticking newsletters on toilet stall walls to keep employees productive while they poop

“Silicon Valley’s efficiency-obsessed tech giants are increasingly turning to the final frontier to reach their employees: the toilet” writes Rob Price for businessinsider.com. An example of Yelp’s “Learning on the Loo” toilet memo provided by a company spokesperson.It also has “Learning on the Loo,” which helps enlighten enthroned employees about other aspects of the company.Since at least as early as 2006, the $905 billion tech behemoth has published “Testing on the Toilet,” a one-pager that gives engineering advice to fellow employees. Source: businessinsider.com

Read More