GKN-Melrose takeover deal: When is the deadline and why is it important to the UK?

Critics have accused Melrose of being an 'asset stripper' looking to a dismember a historic and nationally important British company
Shareholders in UK engineering giant GKN have until 1pm on Thursday to decide whether to vote in favour of an £8.1bn hostile takeover by investment firm Melrose industries.
The deal would the biggest hostile takeover of a UK company since Kraft bought Cadbury's in 2010.
Like that deal, it has been highly controversial. The business secretary, Greg Clark, belatedly waded in this week to raise concerns and push for reassurances from Melrose’s management over pensions and jobs, while saying he was “mindful” of national security issues.
Read more GKN: Business Secretary intervenes amid anger over Melrose's bad bid But what are the two companies and why has the takeover caused so many issues?
What is GKN and why is it important? GKN is a British engineering firm with a history going back to the birth of the industrial revolution. T..

Higher employee satisfaction improves financial performance for businesses, new study says

Online employee reviews can be used to predict a firm's financial performance, says Glassdoor
Employee satisfaction improves the financial performance of companies, a new study suggests.
Research by jobs site Glassdoor found a strong link between a satisfied workforce and a firm's financial health.
The findings followed an analysis of more than 35,000 ratings on Glassdoor given by workers about their employers.
Read more Business leaders call for apprenticeship levy reform Glassdoor's chief economist Dr Andrew Chamberlain said: “These results are striking as they suggest online employee reviews can be used to predict a firm's financial performance and that there is a meaningful economic link between intangible company assets, such as employee satisfaction, and company performance in the United Kingdom.
“Employees are an important resource and not just a homogeneous cost of production.
“Tending to employees is like looking after your garden, helping them gro..

Instagram Is Changing Its Algorithm. Here’s How.

Instagram Is Changing Its Algorithm. Here’s How. Photo Instagram’s feed ranking is “constantly adapting and improving based on new data,” a company spokesman said. Credit Chandan Khanna/Agence France-Presse — Getty Images Instagram is changing its algorithm to make things a little more timely.
Users are now likely to see newer posts higher up, the image-sharing app said in a statement on Thursday, adding that its feeds will “feel more fresh.” Instagram’s algorithm, in other words, won’t be meddling quite as much. More images and videos will be allowed to bubble up as they come.
The company also said it was testing a “New Posts” button so that users can refresh their feeds when they want to, rather than automatically being transported to the top in the middle of browsing.
The changes are in response to user feedback. They appear to address some common gripes, like how certain posts can keep appearing on your screen for days and days and days, or how your feed can begin to feel skewed in..

BT fined by Transport for London for putting public at risk during street works

During works at Bishopsgate in August, BT failed to properly sign and guard the work area. TfL said it also used the wrong traffic management methods
British Telecom has been fined £90,000 by Transport for London for putting the public at risk during street works in the capital last year.
TfL on Thursday said that, during works at Bishopsgate in August, BT had failed to properly sign and guard the work area while also using the wrong traffic management methods.
Despite repeated demands by TfL, the company also failed to take actions to improve the situation, which TfL said led to unsafe conditions for road users and pedestrians as well as cyclists.
BT this week pleaded guilty to the charges at Westminster Magistrates Court. In addition to the £90,000 fine, the company was ordered to pay a further £3,394 in court costs.
Read more BT says average female employee paid 7% less than male counterpart “There is clearly a disconnect between BT and its contractors, consistently resulti..

AT&T Would Use Time Warner as a ‘Weapon,’ Justice Dept. Says

AT&T Would Use Time Warner as a ‘Weapon,’ Justice Dept. Says Video If Media Giants Grow, So May Your Bills The government doesn’t want you to pay too much to watch your shows. That’s why the Justice Department says it is challenging the proposed merger between AT&T and Time Warner.
By ERICA BERENSTEIN on Publish Date March 22, 2018. Photo by Aaron P. Bernstein/Reuters. Watch in Times Video » embed WASHINGTON — The much-watched antitrust trial between the Justice Department and AT&T began on Thursday, with opening statements that presented starkly different visions for how the company’s blockbuster merger with Time Warner would fit into a media industry upturned by the internet.
Before a packed courtroom with some of the industry’s leading figures, the two sides zeroed in on the case’s central question: Whether the deal would force consumers to pay more to watch their favorite shows on Time Warner cable channels like CNN and TNT.
The Justice Department, which is suing to block the $85 ..

Tech Tip: Recording Skype Video Calls

Recording Skype Video Calls Q. Is there a way to record and save Skype video calls with family members on my computer?
A. For most versions of its Skype software, Microsoft recommends using a third-party program to record your audio and video calls. The company’s site hosts a list of recording programs that work with Skype for Windows, Mac and Linux systems but notes, “Third-party applications have not been checked, verified, certified or otherwise approved or endorsed by Skype.” (Also, saving conversations with consenting members of your family is one thing, but keep in mind that laws about recording other people vary by state.)
More than a dozen programs are listed, with a link to each one available. Apple’s built-in QuickTime Player software for the Mac can also record screen video. When trying to decide which app to use, check out the program’s list of features and reviews — and make sure the software that interests you records video as well as audio. Depending on your Windows set..

Nissan and Renault in talks to merge and form a new company, say reports

The two companies have been in an alliance for almost 20 years, but could now begin operating as one entity
Shares in Renault rose almost 5 per cent on Thursday following reports the French motor company is in talks with Nissan exploring a potential merger.
The two firms formed an alliance in 1999, and describe it as a “buffer to protect its partners during regional downturns”.
Last year, the partnership became the world's largest car maker, ahead of Volkswagen.
Read more UK car production slumps further in February amid Brexit fears However, the groups are now in discussions about a possible merger that would create a single new company, trading as one stock, according to Bloomberg, which also reported that Carlos Ghosn, the chairman of both companies, is driving the negotiations and would run the combined entity.
Earlier this year, Reuters reported that Nissan was in talks to buy the bulk of the French government’s stake in Renault. The Renault-Nissan alliance said at ..

Beg, Borrow or Steal: How Trump Says China Takes Technology

Beg, Borrow or Steal: How Trump Says China Takes Technology Arranged marriages. Whispered warnings. Outright theft.
For years, American companies have complained that the Chinese government finds ways to get them to hand over their most valuable trade secrets. Those companies — which usually complain anonymously, fearing Chinese retribution — have found a sympathetic ear in the Trump administration.
American trade officials on Thursday cited those practices as a major motivation for their plans to levy tariffs and penalties on $60 billion in Chinese imports and to take a tougher stance on the vast and lucrative trade relationship between the two countries. The report outlines in blunt terms how intellectual property — everything from product designs and sensitive data to general know-how — has become a point of contention in global trade relations, joining longstanding areas of dispute like steel.
The landscape is more complex than the Trump administration’s complaint suggests. America..