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Pcgamer
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Europa Universalis 5's unusual, year-long reveal was a lesson Paradox learned from Imperator's mixed reception: 'I wanted to do it a little bit earlier, but marketing people tend to get panicky when you start talking'
- The year-long reveal of Europa Universalis 5 was influenced by lessons learned from Imperator's mixed reception.
- Paradox Tinto, the studio behind Europa Universalis 4, headed by Johan Andersson, was eager to work on a sequel.
- Andersson applied lessons from Imperator to EU5, focusing less on abstract concepts like 'mana' and involving the community more in the development process.
- The community's feedback has led to significant changes in EU5's mechanics, making it an uncompromising game tailored for hardcore grand strategy enthusiasts.
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HRKatha
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402
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Employee fired over washroom sticker; sparks debate on workplace humour
- An employee was fired for placing a joke sticker in the staff washroom, sparking a debate on workplace humour and boundaries.
- The sticker, which read 'Employees must stop crying before returning to work,' led to the employee's suspension and eventual termination.
- Despite HR being informed of the prank beforehand, the employee was dismissed the next day with little explanation, leaving them disheartened.
- The incident has raised questions about intent, communication, and proportionality in workplace disciplinary actions, underscoring the blurred line between humour and professionalism in corporate settings.
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HRKatha
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Netflix’s Rohit Suri joins ZEE Entertainment as CHRO
- ZEE Entertainment Enterprises appoints Rohit Suri as the new CHRO, effective May 12, 2025.
- Suri will report to Punit Goenka, CEO, and focus on shaping ZEE's human capital strategy for future growth.
- With over 25 years of HR experience, Suri has worked in various sectors and was previously with Netflix as head of talent management.
- Suri aims to enhance employee engagement, leadership development, and create a data-driven HR ecosystem at ZEE.
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HRKatha
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275
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Sandeep Dhar is new global head-GCC practice, Wipro
- Wipro appoints Sandeep Dhar as the global head of its global capability centre (GCC) practice.
- Dhar has three decades of experience in setting up and scaling GCCs, leading to strategic innovation and growth.
- Reporting to Wipro's COO, Dhar will lead Wipro's consulting-led and AI-powered GCC strategy.
- Wipro's GCC services encompass the entire lifecycle, offering tailored solutions for efficiency, transformation, and enhanced performance.
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HRKatha
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424
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Match Group to slash 13% of workforce
- Match Group, the parent company of popular dating apps like Tinder, Hinge, and OkCupid, is cutting 13% of its workforce.
- The layoff of around 325 employees is part of a restructuring plan to streamline operations and reduce costs.
- The decision comes amidst a downturn in the online dating industry, with falling engagement levels and profits for Match Group.
- Despite challenges, Match Group aims to save $100 million annually with the job cuts and expects revenue of $850-860 million in the second quarter.
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Forbes
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424
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Current Mortgage Refinance Rates: May 9, 2025 – Rates Drop
- On May 9, 2025, the rate for a 30-year fixed refinance mortgage decreased to 6.85%.
- The average rates for 15-year and 20-year fixed refinance mortgages are 5.72% and 6.62%, respectively.
- The current 30-year fixed-rate mortgage refinance average rate is 6.85%.
- The APR for a 30-year fixed-rate mortgage is 6.88%.
- Borrowers with a $100,000 30-year fixed-rate mortgage will pay about $655 per month for principal and interest.
- For a 20-year fixed refinance mortgage, the average interest rate is 6.62%.
- The APR on a 20-year fixed mortgage is 6.66%.
- A 15-year fixed mortgage refinance is averaging around 5.72%.
- Borrowers with a $100,000 15-year fixed-rate mortgage refinance will pay about $829 per month for principal and interest.
- Rates for jumbo mortgage refinances are slightly higher, with the 30-year fixed-rate at 7.22%.
- Mortgage refinance rates differ by program, and cash-out refinance rates are higher due to borrowing from available equity.
- Comparing interest rates, loan balance, and term is essential when considering a mortgage refinance.
- Experts anticipate mortgage rates to remain in the middle-to-high 6% range in the first half of 2025.
- Improving credit score and reducing loan balance can help secure lower rates for those looking to refinance later in the year.
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Forbes
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161
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Money Market Interest Rates Today: May 9, 2025 – Rates At 4.89%
- The current average money market rate is 0.53%, with the highest rate reaching 4.89% according to Curinos.
- Money market accounts (MMAs) are interest-bearing deposit accounts provided by banks and credit unions, operating similarly to savings accounts.
- MMAs generally offer higher interest rates compared to traditional savings accounts and may provide debit cards or check-writing capabilities for easier access to funds.
- MMAs at banks are FDIC-insured, while those at credit unions are insured by the NCUA with coverage up to $250,000 per account type, safeguarding depositor's funds in case of bank failure.
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HRKatha
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Microsoft bans use of DeepSeek app by employees over data-security concerns
- Microsoft has prohibited its employees from using the DeepSeek app due to data security and privacy issues.
- The app stores data on servers in China, raising concerns about potential data access by local authorities.
- DeepSeek app reportedly censors content not in line with Chinese guidelines, leading to fears of biased information exposure at Microsoft.
- Microsoft's ban on DeepSeek app reflects its commitment to data protection, responsible AI usage, and caution in handling geopolitical implications.
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Forbes
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48
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Mortgage Rates Today: May 9, 2025 – Rates Stay Put
- Current average mortgage rate on a 30-year fixed mortgage is 6.77%, up from 6.71% last week.
- Average rate on a 15-year fixed mortgage is 5.72%, a 1.04% increase from the previous week.
- Today’s average rate on a 30-year fixed-rate jumbo mortgage climbed to 7.19%.
- Mortgage rates are influenced by economic factors such as U.S. Treasury bond yields, Federal Reserve decisions, and global events.
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Forbes
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161
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High-Yield Savings Account Rates Today: May 9, 2025 – Rates Are Steady
- Rates on high-yield savings accounts have remained stable with the current highest rate at 5.84% for a $2,500 minimum deposit.
- Average APY for traditional savings accounts is 0.22%, while high-yield savings accounts offer more competitive rates but may require specific conditions like larger deposits.
- The highest interest rate for high-yield accounts with a $10,000 minimum deposit is 4.88%, and for a $25,000 minimum deposit, the highest rate is 4.40%.
- Consider factors like minimum deposits, fees, and institution reputation when choosing a savings account, ensuring it meets your financial goals and is backed by FDIC or NCUA insurance.
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Forbes
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293
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Current HELOC & Home Equity Loan Rates: May 9, 2025
- Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.
- HELOCs offer a flexible, variable-rate second mortgage, while home equity loans provide fixed-rate, lump-sum loans up to 85% of a home's value.
- HELOCs with varying amounts such as $100K, $250K, and $500K offer different borrowing capacities and repayment options over 5, 10, 15, 20, or 30-year terms.
- Home equity and building wealth through increased equity are essential for long-term financial health, and HELOC rates are influenced by banks and Federal Reserve interest rate policies.
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Forbes
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8
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CD Rates Today: May 9, 2025 – Earn As Much As 5.02%
- Today's best CD rates can reach as high as 5.02%, but they are subject to change based on market conditions and Federal Reserve actions.
- CDs provide fixed interest rates for set periods, offering better yields than high-yield savings accounts but with penalties for early withdrawals.
- Interest rates vary by CD term; for example, three-month CDs have an average rate of 1.3% and a high rate of 4.67%.
- Six-month CDs offer an average APR of 1.78% and a high rate of 4.94%, while 12-month CDs have a top rate of 5.02% and an average APY of 1.83%.
- 24-month CDs have rates as high as 4.52%, three-year CDs at 4.27%, and five-year CDs at 4.26%, each with corresponding average APYs.
- Jumbo CDs, requiring higher minimum deposits, offer rates up to 4.94% for 6-month terms and an average APY of 1.82%.
- CDs from digital banks often have competitive rates due to lower costs, offering alternatives to traditional banks like Chase, Capital One, and Synchrony Bank.
- CDs provide a secure investment option with FDIC or NCUA insurance covering up to $250,000 in case of bank or credit union failure.
- Avoid tapping into CDs early to prevent penalties that can erode interest earnings and even dip into your principal amount.
- CDs offer higher interest rates compared to high-yield savings or money market accounts while providing a safer haven for investments.
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HRKatha
3w
415
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Employee gets raise after setting boundaries instead of overworking
- An employee who used to overwork without setting boundaries received a raise after changing his approach.
- Despite working long hours and taking on extra tasks, the employee's requests for advancement were ignored by management.
- Upon setting boundaries, leaving work on time, and focusing on assigned tasks only, he was praised by leadership and offered a raise.
- This story challenges the idea that recognition comes from overextending oneself, emphasizing the value of self-respect and work-life balance in the workplace.
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HRKatha
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219
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How Accor is cultivating homegrown leadership in India
- Accor, a French hospitality giant, transitioned from expatriate to homegrown leadership in India over 15 years.
- The shift was driven by the need for leaders with global perspective and deep cultural understanding.
- Accor invested in talent development through the Accor Academy, focusing on skill gaps and high-performer competencies.
- Employees undergo a structured induction to embody the company's ethos, followed by individually tailored career development plans.
- A tiered framework nurtures mid-level managers into future general managers through functional and leadership training.
- Specialist certifications and skill training are offered, recognizing the importance of technical competence and interpersonal finesse in hospitality.
- Accor's digital-first approach includes on-demand content access and virtual training, complemented by peer learning and workshops.
- 100% of Accor's India operations are now led by Indian leaders, showcasing a shift towards cultivating talent internally.
- Benefits include enhanced guest experiences, financial efficiencies, and organizational resilience during crisis periods.
- Accor's approach emphasizes connecting individual aspirations with organizational purpose, fostering authentic leadership in the hospitality sector.
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Medium
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288
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Features. Features. Everywhere.
- Frankenstein Products refer to apps that started with a purpose but ended up incorporating too many features over time, leading to user confusion and alienation.
- Adding unnecessary features to a product not only increases its cost but also erodes user trust as it deviates from the original purpose.
- The advice is to stop adding features and focus on pruning unnecessary ones to prevent complexity from killing the product.
- Industry leaders warn that continuously increasing complexity without proper maintenance can have detrimental effects on product success, emphasizing the importance of regular pruning and intentional development.
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