Business

Social media is undoubtedly one of the largest industry in the technology sector, and it has so many big companies which are growing in this business sector. Recently twitter reported its fourth-quarter earnings reports which show that company has managed to earn right amount of revenue, but if we look into its daily active users base, then it shows a different side of the story. According to the company’s report, Twitter currently has 126 million active regular users which they can monetize any time. If we look into the previous year’s data then in last year it had approximately 114 million daily active users. Current status shows that the company has managed to gain a good amount of active users from a period of twelve months only, but that’s not enough. Because from the last one quarter it has lost more than 5 million active users and most of them were bots or fake users. Company a few months revealed that they had banned all those counterfeit accounts which were created for promoting political propaganda.

Twitter has revealed that the company will not disclose how many daily active users it has instead they’re going to show how much monetizable daily active users (MDAU) are there. This decision of showing only MDAU indicates lots of things about the company. Many investors of it are worried about its future due to which company’s shares fell by more than five percent yesterday even after reporting a good amount of profits. If we compare twitter to other social media platforms, then it shows that this company will have to do many things to reach the top. Because Facebook has more than 1.52 billion daily active users and Instagram has 400 million users. However, Twitter has always been ideal for see who likes to see only informative currents happenings around the world.

There are some cases shows that a business executive shall do not do those things which will harm its own company. Carlos Ghosn is the perfect example of how a person’s greed can make someone do unethical things. Recently former CEO of Renault Carlos Ghosn was arrested by the Japanese government for doing financial misconduct and soon after his arrest company fired him. However according to some recent reports Renault company has revealed that they have found some audit evidence which shows Carlos Ghosn used the company’s 50000 euros for his personal benefits. So far no clarification has been given by the company on this audit evidence. Now some reports are saying that Ghosn must’ve used this money for celebrating his marriage with his second wife which happened a few months ago.

Most of the allegations on Ghosn have been made by Nissan who is a part of an alliance between Renault-Nissan-Mitsubishi Motors. Nissan made several claims which indicate that Ghosn was misusing his chief position for his personal benefits. Renault, on the other hand, did not remove Ghosn even after he had been arrested by the Japanese companies in financial misconduct accusations. However, a recent statement of Renault regarding using the company’s 50000 euros by Carlos Ghosn for his own benefits says lots of things. Still, Renault did not reveal any specific details regarding for what purpose Carlos Ghosn used the company’s money. But, if we look into some reports which are claiming that he must’ve used that money for his wedding celebrations. There are already many pieces of evidence regarding how Ghosn misused his authority for his own benefit, and now it seems like this one is new.

An alliance between Nissan-Renault-Mitsubishi Motors is now on the verge of the end because no company now wants to deal with each other after their Ghosn has been jailed.

In the USA currently, political parties and some leaders have started a war against all those big corporations which does nothing good for its employees and other stakeholders. It seems like tax the rich movement is getting a severe turn in the country because recently Senate Majority Leader Chuck Schumer and Bernie Sanders have said that they will bring necessary legislation which will restrict companies to buy back their own shares. From last few months, many big companies have taken some bold decisions which so far has affected thousands of ordinary citizens who work for them. To protect the rights of employees Bernie and Sanders are thinking of bringing new regulations which will force companies to invest more in its employees before they buy back shares. These leaders believe many big corporations use their power to control management and if the government doesn’t regulate such type of companies, then the future of low salaried workers will become more laborious.

Social leaders are arguing that most of the times companies pour billions of dollars into their business, but they hardly give any type of proper incentives for their workers. Many prominent executives who are holding a strong position in companies earn millions of dollars each year also if the situation goes like this, then it will increase the income gap between those rich people and low salaried employees. Bernie Sanders and other political leaders are trying not to let such type of situation by taxing a tremendous amount of money on rich people. A few days ago Rep. Alexandria Ocasio-Cortez said that country should need to put a wealth tax of 70% on all rich people and since that statement, many political leaders now are gathering together to start this movement.