Question

Please post at least three (NEW) news stories related to GLOBAL BUSINESS with a short summary and the Reference link in the Discussions Board. I need reference link for the News Stories

Answer 1

1) FACEBOOK HAS A BLACK PEOPLE PROBLEM

A former Facebook employee accused the company of having "a black people problem" in a note published publicly on Tuesday on the social network.

Mark Luckie, who is black, said Facebook's population of black employees is not representative of its black user base.

He also says that In some buildings, there are more 'Black Lives Matter' posters than there are actual black people and Facebook fails at connecting communities at it does not proportionately represent those communities in its staffing.

Luckie's note provides an inside look at what it's like to be black inside of Facebook, but it is not the first time Facebook's lack of diversity has been exposed.

According to another employee of minority who recently left the organisation stated that Facebook uses diversity and inclusion as an marketing opportunity and in reality there is still unconscious bias and it is still group of exceedingly privileged white people making similarly biased and discriminatory choices as other white leaders in the industry.

https://www.cnbc.com/2018/11/27/facebook-has-black-people-problem-mark-luckie-former-employee.html

2 )Tesla sales in China plunge 70 percent in October, according to auto industry body.

Tesla sold just 211 cars in China last month, a sharp drop versus a year ago, the country's passenger car association told Reuters on Tuesday.
Data showed Tesla car sales in the world's largest auto market fell 70 percent in October versus the year earlier period, according to a China Passenger Car Association official.

The electric carmaker, which imports all the cars it sells in China, said in October that tariff hikes on auto imports were hammering its sales there. In July, Beijing raised tariffs on imports of U.S. autos to 40 percent amid a worsening trade standoff with the United States

The CEO had reported last week they they are cutting costs of model X and S to make it more affordable in the Chinese market.

https://www.cnbc.com/2018/11/27/tesla-china-sales-drop-sharply-in-october-says-auto-industry-body.html

3)Microsoft becomes world's most valuable company after Apple rout

Microsoft Corp surpassed Apple Inc to become the world's most valuable publicly traded company. All it took was a $300 billion rout.

After briefly claiming the top spot on Monday, Microsoft shares rose 0.6 percent Tuesday, pushing the company's market value to $828.1 billion at the close. That exceeded by more than $1 billion the value of Apple, which has tumbled this month on concern about iPhone unit sales. The last time Microsoft's market capitalization was bigger than Apple was in 2010, according to data compiled by Bloomberg.

https://www.thestar.com.my/tech/tech-news/2018/11/28/microsoft-becomes-worlds-most-valuable-company-after-apple-rout/