Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.
Tesla Motors CEO Elon Musk has announced the electric car maker is launching a new battery pack for the performance versions of its Model S and X cars that will extend the range and mean faster acceleration.
Elon Musk hailed the upgraded charger as a “profound milestone”.
The battery cell chemistry is the same, but the reconfigured product stored more energy in the same space, he said.
Tesla, which this month posted a steeper-than-expected loss, is adding a new sedan car to its sports line-up.
Elon Musk claimed that the new 100-kilowatt hour battery pack means high-end versions of the Model S sedan, called the P100D, will be the world’s fastest accelerating car in production.
The P100D will do 0-60mph in 2.5 seconds. Elon Musk said there were faster cars on the market, but these were limited-run vehicles, while the Tesla is aimed at the mass market, he said.
“These are very profound milestones and I think will help convince people around the world that electric is the future,” Elon Musk said on a conference call with journalists.
The new battery extends the range of performance versions of the new Model S well beyond 300 miles, from about 290 miles, Tesla said.
Elon Musk said that in cool weather, a driver could travel from San Francisco to Los Angeles – a nearly 400 mile drive – without recharging.
In May 2016, Tesla said it was stepping up production plans for its upcoming Model 3 mass-market sedan and would build a total of 500,000 all-electric vehicles in 2018, two years ahead of schedule.
The Model S and X vehicles with the upgraded batteries will help fund the more affordable Model 3 still in development, Elon Musk said. The performance versions of the S and X without the new battery currently start at $108,000 and $115,500, respectively.
However, Tesla Motors also warned that investment would ramp up as well.
The company has been under investigation from US safety regulators following a fatal crash in Florida earlier this year involving its drive-assistance feature known as Autopilot.
Elon Musk said a software update of the feature is nearing completion, adding that it will result in “material improvements in the autonomy of the car”.
Speedo, Ralph Lauren and other two sponsors have dropped Olympic swimmer Ryan Lochte following Rio Olympics scandal.
They were followed by announcements from skin care company Syneron-Candela and Japanese mattress maker Airweave.
The move comes after Ryan Lochte, 32, lied about being robbed at gunpoint by a policeman after a night out during the Rio Olympics.
Ryan Lochte, a 12-time Olympic gold medalist, has earned millions of dollars through endorsements.
Speedo, the biggest sponsor of the four, said: “We cannot condone behavior that is counter to the values this brand has long stood for.”
Ryan Lochte said he respected Speedo’s decision, and thanked the company.
“I am grateful for the opportunities that our partnership has afforded me over the years,” the swimmer said.
Ralph Lauren, which has removed some of Ryan Lochte’s images from its website, said its sponsorship of the swimmer had been only for the Rio Games and would not be renewed.
Airweave and Ralph Lauren both stressed that they would continue their support of the US Olympic and Paralympic teams.
Syneron-Candela said: “We hold our employees to high standards, and we expect the same of our business partners.”
Speedo said it would donate a $50,000 portion of Ryan Lochte’s sponsorship fee to the charity Save The Children’s Brazilian operation.
The value of Ryan Lochte’s Speedo sponsorship has not been disclosed. The contract reportedly expires this year after 10 years.
Forbes magazine calculated that in the year of the 2012 London Olympics, Ryan Lochte earned about $2 million in sponsorships from companies such as Gillette, Nissan, AT&T and Gatorade.
Ryan Lochte’s performance at Rio did not reach the heights of his London triumph, but Forbes estimated the athlete’s endorsements would still have been between $1 million-$2 million.
The saga started when Ryan Lochte and three team-mates returned to the Olympic village after a late night out in Rio.
They tried, unsuccessfully, to use the locked toilet at a garage and urinated outside instead.
After first claiming that Ryan Lochte and his three team-mates had been robbed by bogus policemen, Lochte back-tracked and admitted he had, while still drunk, “left details out” and “over-exaggerated some parts of the story”.
Despite the evidence against him, including CCTV footage, he has however denied that he actually lied in his initial account to Brazilian police.
Ryan Lochte’s behavior has been met with disdain in the US and he has been widely pilloried in the US media.
On August 19, the New York Post carried a front-page headline describing him as the “Ugly American”, along with the slogan “Liar, Liar, Speedo on fire”.
Ryan Lochte is one of the most successful swimmers in history, with 12 Olympic medals, and he once had his own reality TV show.
In Rio, Ryan Lochte swam in two events, winning a gold medal in the 4x200m freestyle relay along with team-mate Jack Conger.
Ryan Lochte has said sorry to Brazilians after “over-exaggerating” claims he was robbed at gunpoint while at the Rio Olympics.
The Olympic swimmer had claimed that he and a group of three other US swimmers had been robbed at a gas station.
However, CCTV footage contradicted Ryan Lochte’s story, showing the men had vandalized the gas station.
Ryan Lochte told Globo TV, Brazil’s largest broadcaster, that he had not lied over what happened.
“I wasn’t lying to a certain extent,” he said.
Photo Globo TV
“I over-exaggerated what was happening to me.”
He added that he was sorry, saying: “Brazil doesn’t deserve that.”
The International Olympic Committee (IOC) has set up a disciplinary commission to investigate the incident and the four swimmers’ behavior.
News of the alleged robbery emerged through Ryan Lochte’s mother on August 14.
Ryan Lochte then gave an account of the events, saying he and the other swimmers were returning by cab from a club in the early hours of the morning when they were robbed at gunpoint by men who forced the vehicle to pull over.
However, Brazilian police said a day later that there were inconsistencies in the men’s accounts.
On August 17, two of the swimmers, Gunnar Bentz and Jack Conger, were taken off a US-bound plane at Rio de Janeiro airport and questioned by police.
Gunnar Bentz and Jack Conger were eventually allowed to leave Brazil. Another swimmer, Jimmy Feigen agreed to pay $11,000 to a Brazilian charity after the incident.
On August 19, Jack Conger said in a statement that Ryan Lochte had pulled a metal advertisement in a frame to the ground, but Conger said he was “unsure why”.
Jack Conger also said Ryan Lochte began yelling at guards for an unknown reason. The men then agreed to pay the guards for the damage.
Rio de Janeiro’s mayor Eduardo Paes had told media he felt nothing but “shame and contempt” towards the athletes for their portrayal of what happened.
In a separate interview with NBC, part of which also aired on August 20, Ryan Lochte said he felt “hurt” watching footage of his team-mates being taken off their plane.
Ryan Lochte had already returned to the US from Brazil.
“I mean, I let my team down and you know, I don’t want them to think I left them out to dry,” he said.
However, Ryan Lochte maintained the men were threatened and made to pay: “Whether you call it a robbery or whether you call it extortion or us just paying for the damages, we don’t know. All we know is that there was a gun pointed in our direction and we were demanded to give money.”
Four Olympic swimmers from Team USA, who said they had been robbed in Rio de Janeiro, were not victims of crime, the head of the city’s civil police has said.
Fernando Veloso told reporters that one or more of the men had committed an act of vandalism at a petrol station and then offered to pay for the damage.
The Americans paid and left after armed security guards intervened, he said.
One guard had drawn his gun after one of the swimmers began behaving erratically, Fernando Veloso added.
Three of the swimmers, Gunnar Bentz, Jack Conger and James Feigen, remain in Brazil and are being questioned by police. The fourth, gold medalist Ryan Lochte, returned to the United States on August 15.
Gunnar Bentz and Jack Conger were taken off a US-bound plane at Rio de Janeiro airport on August 17 and were seen entering a Rio police station for questioning on August 18.
According to police, the swimmers invented a story about a robbery to disguise a dispute over a damaged bathroom door at the petrol station.
The men, who have repeatedly changed their accounts of what happened, could “in theory” face charges of giving false testimony and vandalism, Fernando Veloso said.
“We are dealing with important public figures who influence others and should know how to comport themselves,” he told reporters during a news conference at Rio police HQ.
The people of Rio de Janeiro were unhappy to see the reputation of their city damaged, Fernando Veloso said, adding: “An apology would be welcomed.”
Video from CCTV appears to show the athletes being detained and ordered to sit on the ground.
Ryan Lochte admitted on August 17 to some inaccuracies in his original account of being robbed at gunpoint in the early hours of Sunday, but vehemently denied making the story up.
“I wouldn’t make up a story like this nor would the others – as a matter of fact we all feel it makes us look bad,” he told NBC.
Accounts of what happened to the swimmers have been confusing from the beginning.
News of the incident emerged after Ryan Lochte’s mother told US media about it.
Ryan Lochte himself gave an initial account of the events to NBC on August 14, saying he and the other swimmers had been in a cab returning from a club in the early hours when they were pulled over by men wearing police badges.
He said they had pulled a gun and told the swimmers to get on the ground. “I refused… and then the guy pulled out his gun, he cocked it, put it to my forehead…”
Ryan Lochte has since slightly altered his account, telling NBC on August 17 that the cab had not been asked to pull over – they had been robbed while making a stop at a petrol station – and he said the gun had not been pointed directly at his forehead.
He called the inconsistencies a “traumatic mischaracterization” caused by the stress of the incident.
Police and the judge investigating the case found inconsistencies in the men’s accounts.
CCTV footage of their return to the athletes’ village appears to show the swimmers laughing and joking, and handing over their wallets, phones and accreditation, as they go through the security screens. The judge said they had not shown signs of being affected by a robbery.
Ryan Lochte is one of the most successful swimmers in history, with 12 Olympic medals, and he once had his own reality TV show in the US. In Rio, he swam in two events, winning gold in the 4x200m freestyle relay.
James Feigen won gold in the 4x100m freestyle relay.
Gunnar Bentz competed in the 4x200m preliminaries, but not the final. He still received a gold medal after the US team’s win.
The National Highway Traffic Safety Administration (NHTSA) recalled 51 million cars and trucks in 2015.
The NHTSA and car manufacturers issue car recalls when it is determined that there is a safety-related defect with a specific model. A car recall can also be issued if the car model does not comply with safety standards set by federal authorities.
When vehicles are recalled, an alert is issued to car owners. The car owner is then required to return the car to the dealership in order for the issue to be repaired. The repair is done at no charge to the vehicle owner. In extreme and rare cases, the entire vehicle may be replaced.
How Vehicle Recalls Affect Insurance Premiums
One of the many thoughts that go through a car owner’s mind when they receive a notice of a car recall is how it will affect their insurance premiums. The following are some things to keep in mind when faced with a vehicle recall.
Your insurance rates won’t be affected
Your insurance rates shouldn’t be affected by the recall. The insurance company is not responsible for the repairs, the manufacturer is. Your insurance company therefore will have no reason to raise your insurance rates especially if the safety issue is resolved. You will however need to provide proof of paperwork showing your insurance provider that the safety issue was repaired.
Ignoring a recall may cause insurance rates to rise
When you get a recall notice from your manufacturer, be sure to have the vehicle fixed at the dealership as soon as possible, even if it is a minor problem. Neglecting to get the vehicle repaired may result in an accident. Insurance providers will increase your rates if you ignore the recall notice.
Insurance rates are higher for cars with repeated recall history
If you’re shopping for a car, it’s a good idea to check the recall history of the model or manufacturer. If a certain vehicle’s make and model has been consistently recalled for safety issues, your Insurance provider could issue higher insurance rates as your vehicle has proven to be unreliable.
Not all recalls are the same
Some recalls are for small issues, such as a misplaced sticker, and can be fixed quickly. Other recalls are for major issues and could put your safety at risk. It is therefore important to have your car checked as soon as possible.
What to do When You Get a Vehicle Recall Notice
According to a study by J.D. Power, one in six cars on U.S. roadways are unrepaired despite an outstanding vehicle recall. This puts drivers and other road users in danger. When you receive a recall notice, make sure you:
Contact your dealership
Your car should be returned to the dealership for repair. Don’t take it to your local repair shop. The dealer will have the car repaired at no cost to you. Depending on the issue and the size of the recall, it may take a few minutes or a few months to have your vehicle repaired.
Contact your insurance provider
Provide your insurance agent with documentation showing that your vehicle has been repaired. This will show that you complied with the recall notice and that your vehicle is safe to drive. Your insurance provider will not increase your rates.
Beyond making sure that your vehicle is safe, it’s important to have insurance that you can depend on. Finally, auto insurance comparisons will help you find an auto insurer that will cover your needs at an affordable price.
Ford has announced it will start mass-production for a fully autonomous self-driving car without a steering wheel by 2021.
The company’s president, Mark Fields, made the announcement at an event in Palo Alto, California.
The auto maker said it would double its investment in its research center in Palo Alto, as well as making sizable investments in technology companies in the autonomy industry.
Ford said the car would be in use by customers by 2021.
It said this was most likely as part of an Uber-like ride-sharing service – but one that doesn’t require a human driver.
The announcement, described as “transformational” by Mark Fields, signaled an era when Ford sees itself, particularly in cities, as a company that provides an ad-hoc service rather than focusing solely on selling the cars to the general public.
In recent years Ford has described itself as a technology company rather than simply a car maker, and on Tuesday it genuinely started to sound like one.
In partnership with Chinese firm Baidu, Ford has made a joint investment of $150 million in Velodyne – a company that works on light detection and ranging (LiDAR) technology. LiDAR is the system used for accurately detecting objects around the car.
Ford was also part of an investment round that raised $6.6 million for Civil Maps – a digital mapping company – as well as money put towards neuroscience research.
However, there was no mention of Google or Apple in Ford’s announcement – a suggestion it has opted to compete against the Silicon Valley giants rather than try and work with them as some had originally anticipated.
Google still leads the way in self-driving technology – its cars have been out on public roads clocking up miles for several years now. It too is developing a car without a steering wheel – but regulations so far prevent that car from venturing beyond private land.
Like Google, Ford said it would be focusing on “Level 4” autonomy in reference to the standards put in place by the US-based Society of Automotive Engineers (SAE).
The levels represent the sophistication of self-driving technology. At Level four – “high automation” – the car is able to operate, unmonitored, in a particular use case. For Ford, the use case would be a city area. Level 5 would mean full autonomy in any driving condition.
Ford said it was not interested in offering Level 2 or 3 driving. Level 2 means some level of automation that requires the driver to monitor the car at all times.
Chinese Olympic diver He Zi has been surprised with a marriage proposal from her boyfriend Qin Kai while receiving a silver medal for the women’s 3-meter springboard at the Rio Olympics on August 14.
Luckily for Qin Kai, who himself won bronze in the men’s 3-meter synchronized springboard last week, He Zi said yes.
“We’ve been dating for six years, but I didn’t expect him to propose today,” He Zi said.
“He said a lot of things, made a lot of promises, but I think the thing that touched me the most is I think this is the guy I can trust for the rest of my life.”
However, some viewers have suggested that Qin Kai’s shock proposal stole the limelight from He Zi’s Olympic medal.
The moment was one of the biggest trends on China’s Twitter-like Weibo service with some calling it “sweet and romantic” but others weighing in with more skepticism: “What a way to add pressure to her, having the entire world watch her as she makes such a private and life-changing decision.”
While looking for a professional translation service provider, businesses look for someone they can count on for quality work. Translation content varies from website content to legal documents and booklets for external and internal communication. It is important for a company to be assured that the translated copy meets all parameters of accuracy and quality. In a global business environment, the need of translation service cannot be cut down, as it plays a major role in effective communication. In this scenario, it’s better to pay focus on selecting a translation agency that best understands your needs and requirements.
There are various parameters on which a translation service provider can be judged upon. Affordability of service is one of the criteria, but it works wonders only when it matches the quality standards. Certain traits of a translation agency that makes it a name to rely upon the need to be checked beforehand by businesses.
Selecting a translation service provider just because it has many big names in its client’s list is not an ideal way. Without the required expertise to fulfill the requirements of your business, a translation service provider is just an added liability. An agency which is familiar with your industry is to be preferred than those that have professionals with minimal industry expertise. An understanding of the technological terminologies of different industries is as important as the knowledge of various languages.
An affordable translation service is every company’s priority. Different translation service providers charge on different parameters, some as per the number of words and some based on the number of lines. It’s important for you to find an agency that charges you comparatively less without compromising on the quality of service. Each translation project has a unique requirement, so the variables for price determination vary accordingly. Agencies which provide industry-specific translation service are affordable in the true sense. In the end, a company should get the right value for the money they put into the translation service.
If you value quality in any translated work that you get from agencies, it’s important that you avail the service of only ISO certified translation service providers. Such agencies which are audited by an outsider for the quality of its translation service and has successfully acquired the ISO certification, like ISO 9001:2008 & EN 15038:2006 is a name to rely upon. ISO certified agencies have a sound workflow management system, ensuring layered quality check of translated works.
Experience in the field
A company may need to get a document translated in different languages, and so, they prefer the service of an agency where experienced translators are available. Agencies that create a balanced employee structure with translators of different foreign languages are a better option. The translators should have equal command on both the native and the source language, along with the command on specific industry terminologies. A translation agency with experienced translators can be more efficient than a newly-established service provider that relies more on the use of technology than on professional expertise.
The response of a translation agency to short deadlines and frequent client’s feedbacks play a major role in determining its viability. The turnaround time can vary with different projects, but a translation agency needs to be ready to deal with pressed situations. Round the clock service is the demand of the global landscape where organizations in different time zones work in an integrated manner. Quick response to feedbacks from globally placed require an agency to work 24×7 with full commitment.
Confidentiality of service
Intellectual property is an asset that needs to be safeguarded from any misuse. Confidentiality of documents has to be maintained by translation agencies, working with different clients at the same time. Signing a Nondisclosure Agreement (NDA) is a solution to the fear of the breach of confidentiality, and a reliable translation service provider never hesitates from abiding by this agreement.
Industry-specific requirements of any business need to be achieved effectively by a translation agency to make a mark. An affordable translation service provider that takes care of the above-mentioned factors is bound to act a propellant in the growth of its clients, and prosper itself, at the same time.
South Korean gymnast Lee Eun-ju of South Korea and fellow North Korean Hong Un-jong posed for a selfie during the training period before the start of the Rio 2016 Olympic Games.
The images of the two gymnasts have been widely praised as capturing the Olympic spirit.
North Korea and South Korea are technically still at war with each other and relations between the two countries have been more tense in recent months, with recent missile launches from Pyongyang.
Political scientist Ian Bremmer tweeted: “This is why we do the Olympics.”
Ian Bremmer’s tweet was re-tweeted more than 18,000 times.
Others hailed it as the “most iconic photo” of the games.
Lee Eun-ju, 17, and 27-year-old Hong Un-jong both competed as individual qualifiers, with the games in Brazil being Lee’s first Olympics.
Hong Un-jong became North Korea’s first gymnast to win a medal at the Olympic Games when she took home the gold in vault in the 2008 Beijing Olympics.
Many users were quick to point out the contrasting attitudes portrayed by the South and North Korean athlete in comparison to the Lebanese Olympic Team, who allegedly refused to ride on the same bus with Israeli athletes.
According to Udi Gal, a member of Israel’s Olympic sailing team, the organizers intervened and the two teams traveled separately to “prevent an international and physical incident”, he said in a post on Facebook.
“How could they let this happen on the eve of the Olympic Games? Isn’t this the opposite of what the Olympics represents?” Udi Gal said.
Lebanon and Israel are officially at war and have no diplomatic relations.
However, they weren’t the only two countries to get off to a rocky start.
Chinese authorities clashed with Australian Olympic gold medalist Mack Horton, after he called Chinese defending champion Sun Yang a “drug cheat”.
“We think his inappropriate words greatly hurt the feelings between Chinese and Australian swimmers,” said China’s swimming team manager Xu Qi to Chinese news outlet Xinhua.
“We strongly demand an apology.”
Users on social media also quickly flooded Mack Horton’s social media with angry comments.
Rio de Janeiro Olympic Games have been formally opened with a lavish and ceremony at Maracana stadium.
Broadcast to an estimated audience of three billion, the ceremony celebrated Brazil’s history, culture and natural beauty, before former marathon runner Vanderlei de Lima lit the Olympic cauldron.
The build-up to Rio 2016 has been played out against a deep recession and political protests in Brazil.
Rio Olympic Games, the first to be held in South America, have also been disrupted by concerns over the Russian doping scandal, the Zika virus and problems with the city’s security, infrastructure and venues.
Organizers will hope the focus can now shift to the action in 28 sports, with 207 teams, after the Games of the 31st Olympiad were officially opened.
The Olympic cauldron was lit by Vanderlei De Lima, who won bronze for Brazil in the marathon at the 2004 Games after he was grappled by a spectator while leading the race.
Soccer legend Pele had ruled himself out of performing the role saying he was not in the right “physical condition”.
With Brazil’s economy struggling, the budget for the opening ceremony was thought to be considerably less than the $50 million spent on London 2012’s extravagant display.
While Rio’s event did not match the enormous ambition of the ceremony directed by Danny Boyle four years ago, those inside the Maracana were treated to a show that mixed light displays, fireworks, dancing and music.
After a simple but emotional rendition of the Brazilian national anthem, sung and played on acoustic guitar by singer-songwriter Paulinho da Viola, video projections beamed on to the floor of the stadium explored the history of the nation.
Starting with images of micro-organisms dividing and giant sculptures of microbes – representing the beginning of life – the ceremony showed the contributions made by the nation’s indigenous peoples, by Portuguese explorers, by African slaves and by Japanese immigrants to Brazil’s history and culture.
Performers strode across projections of giant buildings, symbolizing the cities of Brazil, and a recreation of a 14-bis biplane – the invention of Brazilian Alberto Santos-Dumont, which first flew in 1906 – drew one of the biggest cheers of the evening as it flew out of the arena.
One of the warmest welcomes of the evening was given to a team consisting of refugee athletes – the penultimate team to enter the stadium.
International Olympic Committee (IOC) president Thomas Bach said the refugee athletes were sending “a message of hope to the millions of refugees around the globe”.
The local crowd of 60,000 exploded with noise as the Brazil team, with London 2012 modern pentathlon bronze medalist Yane Marques flying the nation’s flag, emerged into the stadium to chants of “Brasil, Brasil, Brasil”.
Thomas Bach shone a positive light on the Games, despite the problems around the organization in the build-up to Rio 2016.
“These first Olympic Games from South America go from Brazil to the entire world,” he said.
“All Brazilians can be very proud tonight. With the Olympic Games as a catalyst, you have achieved in only seven years what generations before you could only dream of.
“You have transformed Rio de Janiero into a modern metropolis and made it even more beautiful. You managed this at a very difficult time in Brazilian history. We have always believed in you.”
Rio 2016 president Carlos Nuzman said he was “the proudest man alive”.
He added: “I am proud of my city, proud of my country. Let’s celebrate together as we work together to build the Games.”
Gianni Infantino has been cleared of wrongdoing following a FIFA investigation into his expenses, recruitment and alleged sacking of whistleblowers.
He took charge of soccer’s world governing body in February after the disgraced Sepp Blatter resigned.
Photo Getty Images
FIFA’s ethics committee found no “conflicts of interest” and no breaches of the organization’s ethics code.
“The benefits enjoyed by Mr. Infantino were not considered improper,” it said.
A leaked internal FIFA memo outlined a series of claims relating to 46-year-old Gianni Infantino. The claims were that he: left himself exposed to claims of a possible conflict of interest by using private jets laid on by a World Cup bidding country; filled senior posts without checking people’s eligibility for the role; billed FIFA for mattresses, flowers, a tuxedo, an exercise machine and personal laundry; demanded FIFA hire an external driver, who then billed the governing body for driving his family and advisors around while he was abroad.
The sales of 80 Volkswagen models have been suspended in South Korea and the automaker will be fined over allegations the company rigged emissions test data.
VW will be fined 17.8 billion Korean won ($16 million), in addition to a 14 billion won fine from 2015, the ministry of environment said.
The German automaker admitted last year that it had falsified emissions data in its diesel vehicles.
VW has since suffered a global setback in sales and reputation.
The sales ban in South Korea affects 32 types of cars – including the VW Golf and Jetta – but a total of 80 models, which include different size engines or trimmings of each type of car.
The ban, which affect VW, Audi and Bentley models, come as the result of an extensive probe into the company which saw the automaker’s offices in South Korea raided by investigators.
South Korea’s environment ministry also revoked certification for an additional 83,000 cars, bringing the total number of cars de-certified to more than 200,000.
That is about 68% of the 300,000 cars sold by VW in Korea since 2007, Yonhap news agency said.
South Korea is an important market for VW, especially for the company’s luxury brands Bentley and Audi, and the company had more than tripled its sales before it was hit by a slump in the wake of the emissions scandal.
Saatchi and Saatchi chairman Kevin Roberts has been put on leave for saying the debate on gender bias in the industry is “all over”.
He told Business Insider he did not think the lack of women in leadership roles “is a problem” in the advertising industry.
However, Maurice Levy, the head of the advertising company’s parent group, Publicis, said it would not tolerate anyone who did not value inclusion.
Publicis said its board would decide whether to take further action.
In the interview, published on July 29, Kevin Roberts said the “debate is all over” about gender diversity in the advertising industry.
He goes on to say that rather than holding ambitions to progress into the higher echelons of management, many women – and men – simply want to be happy and “do great work”.
Kevin Roberts adds: “…they are going: <<Actually guys, you’re missing the point, you don’t understand: I’m way happier than you.>> Their ambition is not a vertical ambition, it’s this intrinsic, circular ambition to be happy.
“So they say: <<We are not judging ourselves by those standards that you idiotic dinosaur-like men judge yourself by.>> I don’t think [the lack of women in leadership roles] is a problem.
“I’m just not worried about it because they are very happy, they’re very successful, and doing great work. I can’t talk about s**ual discrimination because we’ve never had that problem, thank goodness.”
Publicis CEO Maurice Levy said: “It is for the gravity of these statements that Kevin Roberts has been asked to take a leave of absence from Publicis Groupe effective immediately.
“As a member of The Directoire, it will ultimately be the Publicis Groupe Supervisory Board’s duty to further evaluate his standing.”
Maurice Levy added: “While fostering a work environment that is inclusive of all talent is a collective responsibility, it is leadership’s job to nurture the career aspirations and goals of all our talent.
“Promoting gender equality starts at the top and the Groupe will not tolerate anyone speaking for our organization who does not value the importance of inclusion.”
Amazon founder Jeff Bezos has become the world’s third richest person, according to Forbes, after strong earnings from the company.
Jeff Bezos owns 18% of Amazon’s shares, which rose 2% in trading on July 28.
Forbes estimated Jeff Bezos’ fortune to be $65.3 billion.
Amazon’s revenue beat analysts’ expectations, climbing 31% from last year to $30.4 billion in Q2 of 2016.
The company’s profit was $857 million, compared with $92 million in 2015.
According to Forbes estimates, Jeff Bezos’ fortune is only surpassed by Microsoft founder Bill Gates, worth $78 billion, and the $73.1 billion fortune of Zara founder Amancio Ortega.
Amazon had developed a reputation for announcing little or no profit each quarter, but appeared to hit a turning point last year and has seen improving earnings since.
Amazon shares have spiked 50% since February.
Its Prime membership, which offers extra services including free shipping for an annual fee, saw impressive international growth.
In June, Amazon launched Prime in India to take advantage of the country’s large consumer market.
Jeff Bezos said: “It’s been a busy few months for Amazon around the world, and particularly in India – where we launched a new [Amazon Web Services] Region, introduced Prime with unlimited free shipping, and announced that Prime Video is coming soon, offering Prime members in India exclusive access to Amazon Original Series and Movies – including original content featuring top Indian creators and talent.”
Amazon has boosted Prime membership by improving its video streaming offerings, an area in which it competes with Netflix.
Prime Day, Amazon’s annual promotional shopping festival earlier this month, was the company’s largest ever sales day.
Amazon does not release figures for its Prime membership, but Consumer Intelligence Research Partners estimated US membership to be close to 63 million. Members spend an average of $1,200 a year, compared with $500 by non-members, according to the research company.
The company’s cloud computing unit also spiked. Revenue for Amazon Web Services (AWS), climbed 58.2% to $2.89 billion, beating analysts’ exceptions of $2.83 billion.
Sales growth for the unit in North America climbed 10% and 8% in the rest of the world.
Amazon has grown its market share in cloud computing compared with rivals such as Microsoft and Google.
It introduced a new Asia Pacific region for its cloud unit this quarter.
Amazon has also been looking to expand its presence in other areas. The company has now launched its online grocery store in the UK.
Earlier this month, it announced a partnership with US bank Wells Fargo to offer discounts on student loans for members of its Prime Student services.