For the third year in a row, Alphabet is ranked first on Forbes’ Global 2000 list of the World’s Best Employers. The tech juggernaut and Google parent company is followed by Microsoft, which is ranked second, and open-source software producer Red Hat, ranked third. Apple and SAP round out the top five.
To create the 500-company ranking, Statista analyzed 1.4 million recommendations sourced from a global poll and several regional surveys. Among other questions, respondents around the world were asked to rate their own employer and the likelihood that they would recommend this employer to a friend or family member. They also rated other employers they admired.
Though this methodology put Alphabet at the top of the list, it doesn’t account for what in many ways was a tumultuous year for the company. Google employees made headlines last November after they organized a series of high-profile walkouts in response to the company’s handing of sexual harassment claims. Thousands of employees participated. In a letter published by New York magazine, the organizers of the walkouts said they demanded “an end to the sexual harassment, discrimination, and the systemic racism that fuel [Google’s] destructive culture.” Google vowed to improve its policies in the wake of the massive protests.
As of October 18, 2019, Alphabet had a market cap of roughly $870 billion. More than 100,000 employees work under Alphabet’s umbrella, and according to a recent SEC filing, the majority of the company’s new hires last quarter were engineers and product managers. The company reported revenues of $38.9 billion last quarter—an increase of 19% versus the same period last year.
Open-source and cloud software provider Red Hat, a newcomer to the list, was acquired by IBM this summer for a whopping $34 billion. After the deal closed, IBM chief vinancial officer James Kavanaugh said that the company had hired 1,000 new employees to cope with growing demand.
While the top spots on this year’s Best Employers list are dominated by tech companies (including Cisco at No. 8, Amazon at No. 10 and IBM at No. 11), the finance and banking industry was the best-represented on the list as a whole. Fifty-two regional banks made the top 500, including Switzerland’s Banque Cantonale Vaudoise at No. 30 and India’s HDFC Bank at No. 119. Thirty-two investment services companies also made the cut, including Berkshire Hathaway at No. 26 and the Japan Exchange Group at No. 38.
Just like last year, companies from the United States accounted for nearly two fifths of the list, including seven of the top ten. Seventy-one companies from China and Hong Kong were featured on the list, though just one company from that category broke the top ten (China’s Contemporary Amperex Technology, at No. 7). Employers from India accounted for the third-largest category, with 33 companies represented, including construction services firm Larsen & Toubro (No. 29).
This list is based on the 2019 Forbes Global 2000 list, which tracks the world’s largest public companies. Last year, companies on the list accounted for more than $40 trillion in annual revenue and upwards of $186 trillion in global assets.
I’m an assistant editor on Forbes’ Money team, covering markets, fintech, and blockchain. I recently completed my master’s degree in business and economic reporting at New York University. Before becoming a journalist, I worked as a paralegal specializing in corporate compliance and the Foreign Corrupt Practices Act.
China’s under fire Huawei is being attacked by more than just the U.S., says a company exec. The Chinese tech giant endures around a million cyberattacks per day on its computers and networks—and that’s according to its security chief, John Suffolk. This will be the most unexpected Huawei cyberattack story of the year so far.
As reported in the Japanese press, Suffolk implied such attacks are focused on IP-theft, which given Huawei leads the world for 5G network innovation and files more patents than any other company in the world, will come as little surprise. That said, the company has also accused the U.S. government of mounting cyberattacks as part of its concerted campaign against them.
In September, Huawei alleged in the media that U.S. law enforcement has “threatened, coerced and enticed” existing and former employees, and has executed “cyberattacks to infiltrate Huawei’s intranet and internal information systems.”
Suffolk did hot attribute the attacks to any country or particular threat actor—including the U.S., and did not confirm whether they were from nation-states or competitors. But he did acknowledge that although almost all are defended, some attacks on older systems get through. The implication of this was not clear, although the media reported that these “cyberattacks have included a type of theft of confidential information by sending a computer virus by email.”
Such phishing or business email compromise attacks are universal, it would be more surprising if Huawei didn’t receive its fair share. They often rely on social engineering to trick employees into installing malware disguised as attachments, or visiting fake sites or viewing social media clips that are laced with harmful code.
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Suffolk used the media to confirm his claims that although Huawei is embroiled in its own allegations around cybersecurity, no tangible backdoors or cyber compromises have been found. He also reiterated the company’s pledge to work with customers to shore up their cyber defences when using equipment from the Chinese company.
The focus of the U.S. allegations is that in addition to receiving Chinese state support, Huawei is vulnerable to intelligence tasking by Beijing within overseas markets—either to steal or disrupt. Suffolk told the media that if the company’s CEO Ren Zhengfei was ever asked to compromise the company, “he would blankly refuse to do that—if he was pressurized to do that, he would close the company down.”
Earlier in the week, a surprise EU report warned that the combination of new technologies and 5G networks risks hostile state control of critical infrastructure, logistics, transportation even law enforcement. The report didn’t name China or Huawei, but did reference sole 5G suppliers from countries “with poor democratic standards,” for which the reference to Huawei and China was clear.
There will more surprises with this latest revelation from Huawei—the sheer scale of the cyberattacks will raise eyebrows, as will the obvious references back to the company’s claims against the U.S. last month.
October could prove to be a significantly better month for the tech giant than September. Having managed to launch the Mate 30 Series absent U.S. tech, and with U.S. President Trump now signalling a softening in blacklist restrictions and progress in trade talks with China, Huawei execs will be hopeful of some welcome relief from both the sanctions and the headlines.
I am the Founder/CEO of Digital Barriers, developing AI surveillance solutions for national security, counter-terrorism and critical infrastructure organisations in the US, EMEA and Asia. I write about the intersection of geopolitics and cybersecurity, as well as breaking security and surveillance stories. I also focus on the appropriate balance of privacy and public safety. Contact me at email@example.com.
Lions Wealth…A risky company who deceives so many people around the world but nobody could touch its president or ever meet him or her directly…Who is behind the doors of this fancy blockchain company..The master mind behind this curtain is a man called Alexander Erber who has so many profiles in Instagram and social media and mostly make pleasure in DUBAI…
Last year reports have taken records around 57 individuals who has given their investments to him to pay back profit but nothing gained until now. Who is supporting him really.
As bitcoin has become more popular, more people have sought to acquire it. Unfortunately, nefarious people have taken advantage of this and have been known to set up fake bitcoin exchanges. These fake exchanges may trick users by offering extremely competitive market prices that lull them into thinking they’re getting a steal, with quick and easy access to some cheap bitcoin. Be sure to use a reputable exchange when buying or selling bitcoin.
His project for dupping people is called CLASSIC CAR COIN. In contrast to most other crypto currencies, the Classic Car Coin is underpinned by a genuine, real equivalent in the form of old- and youngtimers. All profits from the project will be reinvested immediately. This increases the countervalue per token over time, which triggers a positive price development. A strong increase in the value of the tokens on the Exchange and thus the realisation of massive price gains is the aim of the project. At the same time, token holders gain access to an exclusive old- and youngtimer market as well as to exclusive services.
Due to the viral nature of how information spreads across on the internet, scammers seek to take advantage of people by offering free giveaways of bitcoin or other digital currencies in exchange for sending a small amount to register, or by providing some personal information. When you see this on a website or social network, it’s best to immediately report the content as fraudulent, so that others don’t fall victim.
But instead all of these ends up to something dreaming and fancy style..What shall we do right now??Is it a time to stop these financial criminals and help those victims whom loose their assets which hardly managed to get it after hours and weeks of troublesome efforts?Do not ever try to register or trust to this company and never try to put your investment in danger in any circumstances.
Do not trust people who entice you or others to invest because they claim that they know what the bitcoin price is going to be. In a pump and dump scheme, a person (or persons) try to artificially drive up or pump the price so that they can dump their holdings for a profit.