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Facebook stock fell 19% Investors call for Zukerberg firing

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After all the controversy Facebook In. has generated in recent months, it was inevitable that, at some point, the social media giant would get the reality check it had coming. The July 25 disappointing earnings report and the July 26 th historic19% stock price fall appeared to be fitting conclusion to a difficult first half of 2018 for Facebook. To add to this Facebook has been sued by a shareholder for misleading the investor community. What has hit Facebook? Facebook Inc and its chief executive Mark Zuckerberg were sued on July 27 in what could be the first of many lawsuits over a disappointing earnings announcement by the social media company that wiped out about $120 billion of shareholder wealth. The complaint filed by shareholder James Kacouris in Manhattan federal court accused Facebook, Zuckerberg and Chief Financial Officer David Wehner of making misleading statements about or failing to disclose slowing revenue growth, falling operating margins, and...
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How to Deal with STRESS

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Stress and Tension in Life... A lecturer was giving a lecture to his student on stress management. He raised a glass of water and asked the audience, “How heavy do you think this glass of water is?” The students’ answers ranged from 20g to 500gm. It does not matter on the absolute weight. It depends on how long you hold it. If I hold it for a minute, it is OK. If I hold it for an hour, I will have an ache in my right arm. If I hold it for a day, you will have to call an ambulance. It is the exact same weight, but the longer I hold it, the heavier it becomes. If we carry our burdens all the time, sooner or later, we will not be able to carry on, the burden becoming increasingly heavier. What you have to do is to put the glass down, rest for a while before holding it up again. We have to put down the burden periodically so that we can be refreshed and are able to carry on. So before you return home from work tonight, put the burden of work down. Don’t carry it back home...
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How Hygienic is your Online Ordered Food ?

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FSSAI, the Indian food safety regulator, has asked food delivery platform to de-list non licensed eateries after receiving complaints about the supply of sub-standard food. The industry which seemed destined to doom is rising again with Swiggy and Zomato leading the pack. However, from late delivery of unhygienic food to cut in restaurant margins, the downside are many. What are the directions issued by FSSAI? The Food Safety and Standards Authority of India (FSSAI) has directed leading food aggregators such as Zomato, Swiggy and UberEats to de-list all restaurants and eateries that do not have an FSSAI licence or registration. It has also asked them to submit a report on the action taken to delist such eateries or food vendors listed on their platforms by July 31. This move comes after the food safety regulator received a series of complaints about sub-standard food being supplied by restaurants and vendors listed on these delivery platforms. The regul...
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