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Sunday, September 12, 2010

The Finnish communications corporation Nokia announced that its Head will change on September 21. The previous chief executive Olli-Pekka Kallasvuo will continue to chair in non-executive capacity. The head of Microsoft Business division Stephen Elop will take the position. It is the first time a non-Finn becomes Nokia president and chief executive.

The change follows Nokia’s fall in world markets. It includes a decrease in Nokia’s American market share to less than ten percent after failed negotiations with a number of leading American phone providers. An analyst at a market analyst company Canalys, Pete Cunningham, said, “Despite holding 38 percent market share of the smartphone market, Nokia’s failure to compete with the iPhone and high-tier Android devices, combined with its lack of progress in gaining significant traction in the United States, has led to press and investor dissatisfaction.”

Some commenters suggested that Nokia chose Mr. Elop partly because he is a Canadian, following criticism of American candidates by the Finnish press. However a Nokia spokesman rejected this, saying, “Nationality was not a selection criteria.”

Stephen Elop was president and CEO of the graphics and web-development software house Macromedia prior to its acquisition by Adobe in 2005. He then joined Microsoft as President of Microsoft’s Business Division in January, 2008. Commenting on his new role he said, “Nokia has a unique global position as well as a great brand upon which we can build. The Nokia slogan clearly states our key mission: Connecting People, which will acquire new dimensions as we build our portfolio of products, solutions and services.”

In the announcement the Chairman of the Nokia Board of Directors Jorma Ollila stressed an expected shift of focus from hardware to software. “His [Stephen Elop’s] strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company. We believe that Stephen will be able to drive both innovation and efficient execution of the company strategy in order to deliver increased value to our shareholders”.

Nokia stated in an official blog post, “Nokia is transitioning from a hardware manufacturer of mobile devices to a software and solutions business. …Stephen’s background in the software industry is one of his key strengths.”

Thursday, October 8, 2009

Thousands of Romanian public sector workers gathered outside government headquarters in Bucharest on Wednesday to rally against the planned downsizing of the public sector. They protested planned pay cuts and growing job insecurity, as well as the so-called single wage bill, which will in effect freeze pay in the sector for an indefinite period.

Threatening further protests, union leaders called on voters to boycott the November 22nd presidential elections. The government, meanwhile, faces a no-confidence vote next week.

Bogdan Hossu, leader of Cartel Alfa Union, recalled that President Traian B?sescu had told reporters he would not seek a second term if the number of unemployed reaches one million people.

As many as 15,000 people from all over Romania joined Wednesday’s demonstration. It followed a one-day strike Monday, when up to 800,000 teachers, doctors, nurses, policemen, clerks and other public sector employees took to the streets in what has been described as Romania’s largest protest in the last 80 years.

The catalyst was adoption of reform measures aimed at cutting the swollen budget deficit and meeting commitments spelled out in an IMF-led financial rescue package worth nearly 20 billion euros.

“We need these measures to be taken now. If not, it could lead to a prolonged recession,” the AFP quoted Nicolae Chidesciuc, senior economist at ING Romania, as saying Wednesday.

But the government’s recent move to reform the public pay scale — ending intricate bonus programmes and effectively reducing the wages of most employees in the public sector — caused an uproar.

Chanting “thieves! thieves!”, the participants in Wednesday’s rally demanded that the government to resign. “You promised us, then you forgot us,” they shouted.

“The authorities forced us to the streets again; we did not want this to happen today, on the World Day for Decent Work, as we are now celebrating indecent work,” said Aurel Cornea, vice-president of the Teachers’ Union, one of the four trade unions that organised the rally.

The list of demands they submitted Wednesday called for the minimum wage to be increased from its current level of around 145 euros to 176 euros per month in 2010 and to 310 euros per month in 2014, and for an improvement of the salary scales under the unitary pay law for the public sector. They also urged authorities to scrap provisions introducing a mandatory unpaid leave of ten days a year.

According to Romanian media reports, the unions are also pressing the government to increase economic investment, support economic agencies, create jobs, protect workers and ensure decent pensions.

Romania has been hit badly by the global economic turmoil. According to IMF estimates for 2009, the country’s budget deficit is expected to top 7.3% of GDP and the economy will shrink by 8.5% this year.

Prime Minister Emil Boc, whose government faces a no-confidence vote in parliament on Tuesday, has urged the unionists to halt their protests until after next month’s presidential elections.

Saturday, March 1, 2008

While nearly all coverage of the 2008 Presidential election has focused on the Democratic and Republican candidates, the race for the White House also includes independents and third party candidates. These parties represent a variety of views that may not be acknowledged by the major party platforms.

Wikinews has impartially reached out to these candidates, throughout the campaign. We now interview independent Presidential candidate Frank Moore, a performance artist.

Sunday, April 27, 2008

A woman in the tiny farming community of Saint-Rémi, Quebec, south of Montreal visited the local cemetery Saturday and received a rude shock. Graffitied on former Canadian Prime Minister Pierre Eliott Trudeau’s family crypt were “FLQ“, the initials of the Front de libération du Québec and the French words for “traitor” and “bastard” in black spray-paint.

“It’s very sad,” said Pierre Sauriol, whose organization maintains the graveyard. “He made errors and good decisions like everyone, but he was one of the prime ministers of Canada, and he should rest in peace.”

Trudeau, who served as Canada’s prime minister from 1968-79 and again in 1980-84, was a controversial figure in the history of Quebec.

During the FLQ crisis in October 1970, Trudeau invoked the War Measures Act after a British diplomat, James Cross and a provincial cabinet minister, Pierre Laporte were kidnapped, leading to arrests of any individuals the police thought to be separatists, and to their detentions without bail. Laporte was later strangled to death by the FLQ.

Trudeau, who died in September 2000, is entombed in the grey-stone mausoleum with his parents and 11 other family members.

Mr. Sauriol said this was the first time vandals have left their mark on the crypt.

Police believe the tomb was vandalized sometime on Friday night or early Saturday morning.

The Trudeau crypt, which stands taller than any monument in the cemetery, was cordened off Saturday using orange police tape tied to tombstones.

Provincial police are searching the area in the hope of finding any clues. They have also measured and taken photos of the graffiti, which was applied to every wall of the structure. The letters “FLQ” on the front of the crypt covered a pair of names on a plaque posted by the door. As of now, there have been no arrests or suspects.

The crypt is located a few metres from a major road and many residents from the town of 6,000 slowed to see the damage as they passed by in their vehicles.

Trudeau’s family could not be reached for comment but the head of a prominent nationalist group gave his opinion on the matter, calling the vandalism “extremely deplorable.”

“It isn’t acceptable,” said Jean Dorion of the Societe Saint-Jean-Baptiste de Montreal. “Of course we disagree with the Constitution that has been imposed forcibly on Quebec – this is not acceptable. But it’s not a reason to desecrate a burial place.”

Environment Minister John Baird, who is responsible for Parks Canada, said in a statement that his department would remove the offensive graffiti.

“It is important to protect the historic resting places of former prime ministers, and these places should at all times be given the respect and honour they deserve,” Baird said.

Wednesday, May 23, 2018

On Monday, San Jose, California, US-based software company Adobe Systems announced their plans to acquire California-based e-commerce handling web service Magento Commerce for 1.68 billion US dollars (USD). After Adobe made the announcement via their official website, Adobe’s stocks rose by around one percent, ending Monday extended trading at USD 238.10 per share.

Magento provides services for the creation of digital ads and handling of online transactions. Magento’s services are used by Nestlé, Coca-Cola, Warner Music, and Canon. The acquisition, which is expected to take place in the third fiscal quarter of this year, is to be an all-cash deal. Adobe is to acquire Magento from Permira equity firm. In 2015, Permira bought Magento from eBay, an eCommerce website. Adobe, in their official statement, said, “Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud”.

Adobe also announced a buyback of shares worth USD eight billion by 2021. Magento’s CEO Mark Lavelle said, “Adobe and Magento share a vision for the future of digital experiences that brings together Adobe’s strength in content and data with Magento’s open commerce innovation […] We’re excited to join Adobe and believe this will be a great opportunity for our customers, partners and developer community”.

After the announcement, stocks of Magento’s competitors Shopify, Inc dropped by about 4.8%. They finished extended trading at USD 137.60 after the announcement.

Tuesday, January 3, 2012

Three men are currently seeking the presidential nomination of the Reform Party of the United States of America: small business owner Andre Barnett, Earth Intelligence Network CEO Robert Steele, and former college football coach Robby Wells. Wikinews reached out to these candidates and asked each of them five questions about their campaigns. There were no space limits placed on the responses, and no candidate was exposed to another’s responses before making their own. The answers are posted below in unedited form for comparison of the candidates.

The Reform Party is a United States third party that was founded in 1995 by industrialist Ross Perot. Perot ran as the party’s first presidential nominee in 1996, and won over eight percent of the popular vote, the highest percentage for a third party candidate since. In 1998, professional wrestler Jesse Ventura ran on the Reform Party ticket and was elected Governor of Minnesota. The party fell in prominence during the lead-up to the 2000 presidential election when it was plagued by infighting between ideological factions. In 2000, paleoconservative Pat Buchanan won the presidential nomination, and went on to receive only 0.4 percent of the popular vote in the general election. In 2004, the party opted to endorse consumer advocate Ralph Nader, but ended the year nearly bankrupt. In 2008, Ted Weill won the party’s presidential nomination, but appeared on the ballot in only one state and won a total of 481 votes.

The party is currently trying to rebuild and has opened several new state chapters. They will attempt to appear on the ballot in more states for the 2012 presidential election. The party is expected to nominate its presidential ticket during the National Convention this summer.

Friday, December 21, 2007

Cathal Ryan, an early board member of Irish non-designated flag carrier, and son of late co-founder Tony Ryan, has died. He was 48, and had been diagnosed with cancer.

Cathal bacame one of Ryanair’s first pilots, having trained as one in the 1980s in Sri Lanka, when his father set up the airline in 1985 in trust for his three sons, of which Cathal was the eldest. He left the Far East specifically to join the airline.

In 1986 he became the head of London European Airways, a business in which Ryanair had bought an 85% stake. This position, however, quickly disappeared as the carrier became Ryanair UK and was then merged entirely with Ryanair.

Over the next decade, Cathal worked both on the executive board of the airline and as a pilot, although he resigned from the latter by 1996. He remained with Ryanir until leaving the board 2002, by which time he was a multi-millionaire due to the success of the airline.

He continued to be actively involved with business ventures, taking an active role in running his family’s stud farm, as well as being a director for Irelandia, a family-owned investment company. With Irelandia he was involved in the launches of such airlines as Tiger Airways and AeroBus.

Cathal died yesterday at his home in Celbridge, Co Kildare, in the company of his children Cillian, Claudia, Danielle and Cameron, his mother Mairead and brothers Declan and Shane.

Friends and colleagues expressed surprise at his passing, commenting that at the funeral of his father, who had also been diagnosed with cancer, ten weeks previously he had “seemed fine.” Cathal had also recently begun regular trips to Italy, where he had become interested in the performing arts.

Ray MacSharry, a long-serving Ryanair director, described Cathal as “invaluable” to the air carrier’s “continuing success”. Michael O’Leary, CEO of the company, called him “one of life’s originals”.

“He was bright, charming, witty and tremendous company,” Mr O’Leary went on. “He was also an extremely skilled pilot, having become one of the youngest ever captains on the Boeing 747 aircraft, which he flew for Air Lanka in the early 1980s. Cathal’s vision, his expertise and his dedication to aircraft safety was pivotal to the development of Ryanair, and to our 22-year safety record.

“Cathal was one of Ireland’s aviation pioneers. He was a comet who shone brightly in our lives and has passed away at a tragically early age. We will all be much the poorer for the loss of his talent, his ability and his friendship,” Mr O’Leary concluded. “His vision, his expertise and his dedication to aircraft safety was pivotal to the development of Ryanair.”

His former fiance Michelle Rocca, mother of Claudia, expressed her sadness at his passing: “He was a wonderful father to Claudia; he and I had a very good relationship over the past number of years and he will be greatly missed by all of us.”

Others described him as a “well-heeled chap”, and one of the few members of Ryanair early in the airline’s history to be able to afford expensive items, such as his luxury car and his high-quality suit. Cathal’s prosperity had often helped Ryanir through financial problems in it’s early stages.

Several colleagues recalled one famous incident where airport authorities had refused to allow an aircraft he was piloting to be refueled unless it was paid for up front due to an unpaid bill. When Cathal was informed of the issue, he produced his gold credit card to pay for the fuel.