January 20th - The Biggest Crypto Event in History

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on January 20th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

PR executive reportedly departs China's Baidu after comments glorifying overwork draw backlash

ZEN SOO
May 09, 2024

HONG KONG (AP) -- A top Baidu public relations executive has reportedly departed the Chinese technology company after she drew public outcry over her comments that were seen as glorifying a culture of overwork.

Baidu's head of communications Qu Jing had implied in a series of videos that she was not concerned about her employees as she was "not their mom" and said she only cared about results. She also said that the relationship between her and her subordinates was purely an "employer-employee relationship."

The backlash was swift, with many on social media platforms like Weibo saying Qu lacked empathy.

Chinese online media outlet 36Kr first reported late Thursday that Qu had left her position at Baidu, citing unnamed sources. Internal systems showed Qu is no longer with the firm, according to a Baidu employee who asked not to be named as they were not authorized to provide that information to media.

Qu had earlier posted an apology Thursday on her private WeChat account, where she "sincerely apologized to all netizens" and clarified that she had not sought Baidu's permission before posting the videos.

Qu said her videos did not represent Baidu's stance. Baidu operates China's dominant search engine as well as Ernie Bot, an artificial intelligence service similar to ChatGPT.

"Many of the criticisms are very pertinent, I am reflecting deeply and humbly accept them," she said. "There are many inappropriate (things said) in the video that caused external misunderstandings about the company's values and corporate culture, causing serious harm. I sincerely apologize."

Qu also pledged to improve her communication and management style and care more for her colleagues.

Her comments came at a time when many young people in China are pushing back against a culture of competition and grueling hours in the workplace.

Qu had also been criticized for other comments she made in the series of short videos on Douyin that have since been removed.

In the series, she threatened to ruin the careers of employees who sent hundreds of complaint letters against her to the office, by ensuring they could not find another job in the industry.

She also criticized an employee who refused to go on a 50-day business trip during the COVID-19 pandemic -- a time when China severely restricted movement and required weeks of quarantine for travelers.

"Why should I take into consideration my employee's family? I'm not her mother-in law," Qu said, adding that if employees refused to go on such business trips then they would not get salary raises or job promotions.

Chinese technology firms have long been criticized for their long working hours.

A public debate was sparked in recent years over the "996" work culture, where employees in technology firms were expected to work from 9 a.m. to 9 p.m., six days a week. The issue was also spotlighted after the deaths of two employees of Chinese e-commerce platform Pinduoduo, one of whom collapsed suddenly on the street on her way home from work.

Jack Ma, co-founder of Alibaba, also faced criticism in 2019 for endorsing the 12-hour workday culture, saying that those who enjoyed their work would not find the "996" practice to be a problem.

Continue Reading...

Popular

BNY Q4 Earnings: Higher Revenue, Lower Costs, And 102% Payout Ratio To Shareholders

BNY reported Q4 results, beating street expectations with adjusted EPS of $1.72 (+33% YoY) and revenue of $4.847 billion (+11% YoY).

Is Bill Gates Missing the Big Picture? - Ad

Bill Gates calls it: "The most transformative technology any of us will see in our lifetimes." Eric Fry agrees, saying it's far more advanced than anything today... including AI. But he also warns it could send millions of Americans into poverty.

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

BANGKOK (AP) — Sen. Tammy Duckworth, grilling President-elect choice for defense secretary over whether he had the “breadth and depth of knowledge” needed to lead international negotiations, asked if could name one member of the , describe what type of agreement the U.S. had with the countries and how many nations were in the bloc.

South Korean President Yoon Suk Yeol Arrested — KOSPI Edges Higher Despite Political Upheaval, Won Stable

South Korean markets showed resilience Wednesday as President Yoon Suk Yeol was taken into custody, with the benchmark KOSPI rising 0.40% to 2,507.35 amid heightened political uncertainty.

Shutting Down at 11:59 PM EST - Ad

We're in the midst of an explosive bull market, with gold prices now higher than at any other point in history. Just days from now -- on Jan. 28 -- we expect a major financial event to push gold toward $3,000 ... and then much higher from there. It's why timing is so critical.

India's navy launches submarine, warships to guard against China's presence in Indian Ocean

MUMBAI, India (AP) — India's navy on Wednesday simultaneously launched a submarine, a destroyer and a frigate built at a state-run shipyard, underscoring the importance of protecting the Indian Ocean region through which 95% of the country's trade moves amid a strong Chinese presence.

Bill Gates Is Betting Big on This New Technology - Ad

Bill Gates is betting the house on a new tech bound to make investors millions. He says the potential uses for it are "almost limitless." And he believes it is so revolutionary that soon we'll see one in every home. This is tech's next megatrend.

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

Trump Cabinet Confirmation Hearings Begin Tuesday: Pete Hegseth, Doug Collins Up First

President-elect Donald Trump's cabinet picks are set to begin the confirmation process with several appearing before Senate committees this week. Former Fox News host Pete Segeth and former Georgia congressman Doug Collins are up first on Tuesday.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. Many predict 2025 will be an even bigger year--hitting $200,000 or higher. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto in 2025.

The Trump company is not banning private foreign deals, a break with its first term policy

NEW YORK (AP) — The Trump family business released a voluntary ethics agreement Friday that marks a significant departure from Donald Trump's first term by allowing it to strike deals with private foreign companies.

Macy's Shuts Down 66 Locations As Part Of New Chapter Strategy

Macy's revealed plans to close 66 stores as part of its "Bold New Chapter" strategy. The company aims to eliminate underperforming locations and focus on its successful stores.

Man Who Predicted Trump's Win: "Do This Before January 20th" - Ad

According to legendary investor Louis Navellier, who correctly predicted Trump's win... This Trump inauguration move could be the difference between accelerating your retirement in the first 100 days of his administration...OR losing a big chunk of your retirement.

$125 Million Home of Luminar CEO Gutted in LA Wildfires After Week of Gains for Company

The most expensive home in California's Pacific Palisades, owned by Luminar Technologies CEO Austin Russell, has been ravaged by the ongoing Los Angeles wildfires.

Shortage leaves Dunkin' stores in Nebraska without any doughnuts

OMAHA, Neb. (AP) — Dunkin' dropped the “Donuts” from its brand name years ago. Now — at least across much of Nebraska — it doesn’t have doughnuts on the shelves either.

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

Stock Of The Day: Is Walgreens Breaking Out?

Shares of Walgreens (WBA) are trading higher on an earnings beat. They may be breaking the resistance around the $11 level.

"Boring Trade" Generates $185 Every Day. Like Clockwork. - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Moldovans grapple with outages as energy crisis grips pro-Russia region

COPANCA, Moldova (AP) — Every time planned electrical outages are imposed on his village in southern Moldova, 73-year-old retiree Vasili Donici passes the time solving crosswords and puzzles in a room he illuminates using a small gas lamp.

Peter Lynch's Money-Making Advice: 'When Things Go From Terrible to Semi-Terrible to OK, You Can Make a Lot of Money'

Peter Lynch, known for his remarkable 13-year tenure managing Fidelity's Magellan Fund, recently said that he has never explicitly promoted investing in the stock market.

The IPO Turning Heads - Ad

A groundbreaking IPO has hit the NYSE-A, targeting a $60B market. This company's mission to produce up to 2.4 million tons of potash annually could supply 20% of Brazil's current potash needs. It's a rare chance to explore this IPO opportunity while it's still fresh.

Canada's Trudeau urges US consumers to consider the harm of Trump's tariff threats

VANCOUVER, British Columbia (AP) — Canada's outgoing Prime Minister Justin Trudeau on Sunday suggested that President-elect Donald Trump's remarks about Canada becoming America's “51st state” has distracted attention from the harm that steep tariffs would inflict on U.S. consumers.

Russian missile attack forces Ukraine to shut down power grid

KYIV, Ukraine (AP) — Russia on Wednesday launched a major ballistic and cruise missile attack on regions across Ukraine, and compelling authorities to shut down the power grid in some areas despite freezing winter weather, officials said.

If you walked by this guy on the street, you would not think "millionaire" - Ad

You would probably think "accountant" or "average cubicle guy." Actually, he was a lawyer until he unlocked this secret that made him $5 million. How does he do it? We'll warn you... it's about as exciting as a ham sandwich. But it's turning regular readers into 6-figure income machines.

Oil Stocks Rally On Anticipation Of Stricter Russian Sanctions: Here's How ETFs Are Reacting

Oil stocks and prices are rising due to strict U.S. sanctions on Russian oil. Watch these ETFs tracking oil futures and energy stocks.

Rudy Giuliani's Legal Crisis Intensifies With Second Contempt Ruling in One Week

Rudy Giuliani has been held in contempt of court for the second time this week for continuing to spread false claims about Georgia election workers.

Bitcoin Hits $106K: Trump's Next Move Could Trigger $200K - Ad

This rally is no accident -- it's part of Trump's bold vision to make America the "Bitcoin Superpower." Central to Trump's plan is the creation of a National Bitcoin Reserve -- a move that could make the U.S. one of the largest Bitcoin buyers in history, creating massive upward pressure on Bitcoin's price.

Puerto Rico natural resources chief shelves investigation targeting governor's in-laws

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s new natural resources secretary has shelved an investigation into allegations of illegal construction in a protected area on the island’s southwest coast, sparking an outcry.

Busy holiday travel season fuels big fourth quarter for Delta

Delta Air Lines topped profit and revenue expectations in the fourth quarter on strong demand during the crucial holiday period.

Our No. 1 Way to Profit From Crypto Boom (Under $1) - Ad

Many of the world's best and richest investors are piling their money into the same trade: Bitcoin. Including legendary hedge-fund manager Paul Tudor Jones, entrepreneur Elon Musk, and venture capitalist Tim Draper. But that pales in comparison to another huge investor (worth more than all the world's billionaires combined) we believe is about to start piling into Bitcoin next. Click here for the full story.

Massive $903 Million Bitcoin Transfer Stirs Crypto Market: What's Happening?

In a shock development in the crypto market, $903 million in Bitcoin (CRYPTO: BTC) was moved in several transactions within the last 24 hours, sparking widespread speculation about the

Nvidia's AI Leadership Shines While ON Semiconductor Faces Demand Slump: Analyst

Analyst William Stein reports on CES 2025, highlighting strong AI infrastructure spending, benefiting Nvidia and increasing target for Analog Devices.

The iGaming Underdog Set to Shine - Ad

This company's premium casino strategy is crushing the competition. Tight share structure, explosive growth, and major market catalysts make this stock a hidden gem in iGaming.

Microsoft Highlights 6 AI Trends For 2025

Microsoft Corp. listed six AI trends in a December 2024 blog post that it expects to shine in 2025. Here's a look at what one of the most influential AI hyperscalers sees in the year ahead.

Hillary Clinton, George Soros and Denzel Washington will receive the highest US civilian honor

WASHINGTON (AP) — Former Secretary of State , Democratic philanthropist and actor-director will be awarded the nation's highest civilian honor on Saturday in a White House ceremony.

Why the Market Is Betting Big on This iGaming Stock - Ad

A 20% retention rate, insider confidence, and a recent launch in the $12B Latin American market are driving momentum. With market catalysts set to unfold, the time to act is now--Find out why investors are excited here.

Coinbase Subpoenaed Over Polymarket Involvement, Federal Agency Seeks Customer Information

The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange Coinbase (NASDAQ:COIN) regarding its association with the prediction platform Polymarket, according to a Thursday report.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service