Tag Archives: Tech

(Isstories Editorial):- Surrey, United Kingdom Aug 10, 2023 (Issuewire.com) – FIS, a financial services provider, has inked a deal to transfer a significant share of its Worldpay Merchant Business solutions division to GTCR, an American private equity firm. This transaction, valued at $18.5 billion, marks a transformative agreement. As part of the deal, FIS will retain a 45% ownership stake in Worldpay, with GTCR becoming the new majority owner, reports FinTech Magazine. 

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The article calls this agreement an “expected” move, as FIS had previously announced its plan to spin off Worldpay in February 2023….

HCL Tech CEO C. Vijayakumar earned a total salary of $3.46 million in the 2023 fiscal, the lowest among the top five IT companies in India.

In contrast, last year Vijayakumar was the highest-paid, having earned Rs 130 crore ($16.52 million).

Salary components

The total amount includes a base salary of $2 million, a performance-linked bonus of $1.43 million, and benefits, perquisites, and allowances worth $0.03 million.

This is nearly 80% less than the $16.5 million, or about Rs 130 crore, he earned in FY22.

Long-term incentives

According to the company’s annual report, the pay decline had to do with the absence of long-term incentives, or LTI which are payable every two years on “achievement of milestones or parameters decided by the board”.

Last fiscal, Vijayakumar earned…

The UK government has proclaimed its commitment to reach net zero emissions by 2050. This action plan has been met with mixed reactions from the nation: will it be the key to saving our environmental future, or is it just another overly ambitious plan doomed from the start?

Regardless of personal opinions, investment in green technology is at full speed ahead around the globe. Now, a new company launched by motor makers Renault and Geely which will be committed to the development of low-carbon technology is set to have its headquarters in the UK. 

The company will invest in low-emission petrol, diesel and hybrid engines. Not only will this meet the ever-increasing global demand for electric vehicles, but could it also help to prop up a government promise of a net zero…

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2023-07-11

Domain Days Dubai 2023, the MENA region’s first-ever domain conference, will unite global tech experts for insightful discussions and networking in Dubai on November 1-2, hosted by AEserver and Dubai Blockchain Center.

DUBAI, United Arab Emirates, July 11, 2023 /PRNewswire-PRWeb/ — Domain Days Dubai 2023, the first conference of its kind in the Middle East & North Africa (MENA) region, is set to take place on November 1-2, 2023. This pioneering event will focus on domains, hosting, cloud, security, and SaaS, bringing together domain investors, registrars, registries, monetization & traffic experts, Web 3.0/Blockchain domain enthusiasts, hosting/cloud providers, and industry enthusiasts.

Domain Days Dubai is more than just…

The technology sector appears to be one always moving from one breakthrough to the next. One only needs to glance at the news to see the latest accomplishment in the field. But what about all the blunders made in this exciting and innovative field?

We never seem to hear about these, but Carlos Zimbrón – a Mexican tech entrepreneur – thinks it’s about time this should change. 

The Journey Of A Start-Up: F***up Nights 

 
Is there any better way of connecting with people than through exposing your vulnerabilities? For Carlos Zimbrón, experiences of failure and shame in the business world should be shared, not closed in the closet. 

Back in 2012, Mr Zimbrón came up with an idea he believed could change the narrative of how we view failure at work. Whilst at a…