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Paramount is not happy with Warner Brothers sale to Netflix, sends letter to Warner Brothers’ Board saying: Not fair; read full letter

Warner Bros Discovery Stock Paramount Skydance is unhappy with how Warner Bros Discovery has conducted its sale process. Paramount Skydance is reportedly questioning the fairness of Warner Bros. Discovery’s sale process and whether it is acting in the best interest of shareholders. According to a letter reviewed by CNBC, Paramount made three offers to acquire…

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IndiGo crisis: CEO admits operational failures in letter to staff; asserts restoring punctuality is ‘immediate goal’

IndiGo CEO Pieter Elbers has written to employees acknowledging the severe disruptions that have hit the airline in recent days, conceding that IndiGo “could not live up to the promise” of providing a good travel experience to passengers. The carrier has seen more than 300 flight cancellations on Thursday alone, with scores of services delayed…

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‘Cartel-like behaviour’: FIP issues letter flagging IndiGo’s ‘hiring freeze’; urges DGCA to act amid widespread flight cancellations

The Federation of Indian Pilots (FIP) issued a letter on Wednesday to the Directorate General of Civil Aviation (DGCA) alleging that IndiGo imposed a “hiring freeze” despite having a two-year window to prepare for the full rollout of new flight duty and rest period norms for cockpit crew.“Despite the two-year preparatory window before full FDTL…

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AT&T sends letter to Trump government with a promise to end DEI, says: With over 110,000 employees in America, we are pleased to …

US wireless carrier AT&T has vowed to scrap diversity policies. In a letter to the US telecoms regulator, AT&T said that it has committed to ending diversity, equity and inclusion (DEI) programs. The Dallas-based telecom giant told FCC Chairman Brendan Carr in that the “legal landscape governing diversity, equity and inclusion (‘DEI’) policies and programs…

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Billionaire Mark Cuban remembers the ‘chain letter’ that helped him pay for his college

Billionaire Mark Cuban confessed to running a “chain letter” scam in college to fund his education. He admitted to convincing dormmates to invest in a money-making scheme, which he later clarified was a “scam.” This early hustle, alongside other ventures like selling trash bags, paved the way for his eventual multi-billion dollar success, including selling…

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Thousands of Amazon employees send open letter to CEO Andy Jassy; say: We’re the workers who develop, train, and use AI, so we have …

Thousands of Amazon employees have signed an open letter issuing some dire warnings about the company’s move toward AI. The letter, signed by more than 1,000 workers (and counting) calls out Amazon for pushing its AI investments at the expense of the climate and its human workforce. The letter’s supporters come from a wide array…

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‘Every action of ours should strengthen national goals’: PM Modi writes letter on Constitution Day; highlights importance of duties | India News

NEW DELHI: Prime Minister Narendra Modi on Wednesday, on the occasion of the Constitution Day, urged citizens to uphold their constitutional duties, saying these form the bedrock of a strong democracy.In a letter to citizens on Constitution Day, PM Modi underlined the responsibility of strengthening democracy by exercising the right to vote, and suggested that…

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Investigate Facebook, Instagram and if… : US senators write letter to FTC and SEC chiefs on scam ads, Meta responds

US Senators Josh Hawley and Richard Blumenthal have written a letter to the heads of the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC), demanding an immediate investigation into scam ads on Meta-owned Facebook and Instagram, a report has said. News agency Reuters recently reported that the social media giant allegedly earns…

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