Stand firm

By Godwin Oritse AS part of measures aimed at resolving the long-standing feud between the International Oil Companies, IOCs, and dockworkers, the oil firms have commenced registration and engagement of the dockworker’s contractors. This is also in line with directives of the Federal Government to the IOCs to engage government-appointed stevedores. Confirming the development, the President-General of the Maritime Workers Union of Nigeria, MWUN, Comrade Adewale Adeyanju, told Vanguard Maritime Report, that the IOCs are about 40 per cent compliant to the directive adding that with time the situation will improve. Adeyanju said that the IOCs have shown commitment adding that it is the hope of the stakeholders that the commitment will be sustained. Also read: Trump lauds British prime minister Boris Johnson as ‘far superior’ Also President of the National Association of Stevedoring Association, NASC, Mr Bolaji Sunmola, said that some stevedoring firms have been … [Read more...] about Oil firms begin compliance with FG’s directive on stevedoring contractors

Sir Tim Berners-Lee, the inventor of the world wide web, has called for large technology firms to be regulated to prevent the web from being “weaponised at scale”. Berners-Lee, in an open letter to mark the 29th anniversary of his invention, said: “In recent years, we’ve seen conspiracy theories trend on social media platforms, fake Twitter and Facebook accounts stoke social tensions, external actors interfere in elections, and criminals steal troves of personal data.” These problems have proliferated because of the concentration of power in the hands of a few platforms – including Facebook, Google, and Twitter – which “control which ideas and opinions are seen and shared”. “What was once a rich selection of blogs and websites has been compressed under the powerful weight of a few dominant platforms,” said the 62-year-old British computer scientist. These online gatekeepers can lock in their power by acquiring smaller … [Read more...] about Tim Berners-Lee: we must regulate tech firms to prevent ‘weaponised’ web

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What an irony that free speech should have become a difficult thing to discuss. But it has. For parts of the left, the very slogan “free speech” has become a red rag. On occasion it can be a cover for chauvinism. Much of the anxiety about “no platforming”, “trigger warnings” and “safe spaces” in universities comes from media pundits who have not been near a college campus in decades. If instead of angsting in an armchair you ask smart student journalists what’s going on, you’ll discover those much-mocked “trigger warnings” don’t stop anyone saying anything, they just give traumatised individuals a chance to steel themselves or, if need be, look away – like a “you may find some scenes distressing” announcement on the news. And when you look beyond the headlines, most of the big “no platforming” rows actually turn out to be cases of “if he’s on that stage, I’m not … [Read more...] about Free speech matters, and the people worried about it aren’t all bigots

Casual dining chain Barbeque Nation has hired two additional merchant bankers, SBI Capital and Ambit Capital, and is preparing a fresh draft red herring prospectus to be filed with market regulator SEBI this month or early next month, sources told Moneycontrol. The Dhanani family-promoted Barbeque Nation, backed by private equity firm CX Partners, has been trying to go public since mid-2017. However, regulatory hurdles and unfavourable market conditions have delayed the planned Dalal Street debut.“SBI Capital and Ambit Capital have recently been appointed for the IPO and join IIFL & Axis Capital which had been taken on board earlier this year when the listing plans of the firm were revived. The target is to hit the markets before March 2020, but that may be challenging due to the tight timeline,” a source told Moneycontrol.The Dhanani family hold 45.7 percent in Barbeque Nation through a subsidiary of their listed flagship Sayaji Hotels. CX Partners owns 21.72 percent … [Read more...] about Barbeque Nation to file DRHP soon; SBI Cap, Ambit Cap roped in as advisers