IBM Acquires Red Hat for $34B & Other News

IBM to buy Red Hat for $34B, Pret fined for underpaying staff, and more updates. More news at http://lnkd.in/daily and https://lnkd.in/videos 📈

IBM Acquires Red Hat for $34B & Other News
LinkedIn News
530 views ‱ Oct 29, 2018
IBM Acquires Red Hat for $34B & Other News

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IBM
IBM will acquire software maker Red Hat in a deal valued at $34B. Red Hat’s open-source enterprise software will move into IBM's Hybrid Cloud division, reflecting IBM’s priority to counter Amazon and Microsoft’s growth in the cloud infrastructure business.
 
Pret A Manger
Pret A Manger has been slapped with a bill for almost $1M for allegedly underpaying staff at its New York stores, settling for $875,000. According to filed documents, the U.K. sandwich giant has been using an illegal practice known as “time-shaving” to round down hours, thus paying staff less.
 
IOD
“It might be attending a vigil or writing a personal letter of support, whatever we do, it's showing up for each other that matters.”
Facebook’s Jennifer Dulski says there are many ways we can show others that we care about them in times of need.

Daily Top Headlines: 
Animation: Lucy Clinch 
Script: Katie Carroll, Jessica Hartogs
Art: Jacqueline Zaccor 
Producer: Florencia Iriondo

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530

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Published

Oct 29, 2018

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