pushback

Last Updated: February 02, 2023, 19:27 ISTImage used for Representation (Photo: Reuters)When the Air India plane was moved to the designated spot during the usual pushback process the snag was noticedA Delhi-bound flight with over 100 passengers was cancelled on Wednesday after a technical snag reportedly during the ‘pushback process,’ was noticed, official sources here said.When the Air India plane was moved to the designated spot during the usual ‘pushback process’ the snag was noticed, they said.Also Read: Boeing Bids…

Apple Inc. is cutting Chief Executive Officer Tim Cook’s compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay.As part of the changes, the percentage of stock units awarded to Cook and tied to Apple’s performance will increase to 75% in 2023 from 50%, as well as in future years, the company said in a regulatory filing Thursday. For 2022, Cook received compensation of $99.4 million, including $3 million in base salary, about $83 million in stock…

Apple Inc. is cutting CEO Tim Cook’s salary by more than 40% to $49 million in 2023. Apple Inc. is cutting Chief Executive Officer Tim Cook's salary by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay. As part of the changes, the percentage of stock units awarded to Cook and tied to Apple's performance will increase to 75% in 2023 from 50%, as well as in future years, the company said in a regulatory filing Thursday. For 2022, Cook received compensation…

WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies. The Treasury Department said details on the battery-sourcing requirements that electric vehicles must meet to qualify for up to $7,500 in tax credit will be released in March, instead of by the end of this year as earlier planned.  The department said, however, it will release…

A US government attempt to compensate publishers for web links has fallen apart, as Congress has cut the Journalism Competition and Preservation Act (JCPA) from the annual national defense spending bill. The measure would have made temporary exceptions to antitrust law letting media outlets negotiate revenue sharing deals, such as receiving a cut of ad money from links to news articles in search results and social media posts. The removal comes after extensive resistance from tech firms. Just this week, Facebook owner…

Quality assurance (QA) workers at Blizzard‘s Albany-based office have officially formed a union, following several months of pushback from Activision leadership. “We won,” announced the Albany-based Game Workers Alliance union on Twitter, after announcing their union bid in July 2022. The successful union bid follows several months of management at Activision Blizzard trying to halt the vote. Back in August, the company was accused of taking “the low road” in an attempt to stop the union, and GWA Albany alleged that…

For a second time, NASA has decided not to rename its flagship James Webb Space Telescope (JWST). The decision follows a historical investigation into the telescope’s namesake, a former NASA administrator who held high-ranking government positions at a time when the United States systematically fired LGBT+ employees for their sexual orientation. Many LGBT+ astronomers and other scientists have spoken out against having Webb’s name on the telescope, saying the association perpetuates a dark and hateful period in American…

Credit: Unsplash/CC0 Public Domain Lying a few kilometers off the Turkish coast, a series of Greek islands remain on the frontline of increasingly militarized attempts to limit the arrival of migrants and asylum seekers to the European Union. The often unseen and largely ignored treatment of those seeking shelter, whether pushed back…

India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies to chart a lobbying pushback, according to industry sources and a document seen by Reuters. Citing concerns over high rates and unfair practices, the Reserve Bank of India (RBI) this month said a loan borrower must deal directly with a bank, dealing a blow to prepaid card providers and shopping websites which act as intermediaries and instantly process deferred…

Government's plan to regulate "non-personal" data has jolted US tech giants Amazon, Facebook, and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters. A government-appointed panel in July recommended setting up a regulator for information that is anonymised or devoid of personal details but critical for companies to build their businesses.The panel proposed a mechanism for firms to share data with other entities - even competitors -…