Upwork, formerly Elance-oDesk, is a global freelancing platform where businesses and independent professionals connect and collaborate remotely. In 2015, Elance-oDesk was rebranded as Upwork. It is based out of Mountain View and San Francisco, California.
Upwork has nine million registered freelancers and four million registered clients. Three million jobs are posted annually, worth a total of $1 billion USD, making it the world’s largest freelancer marketplace.
Upwork was formed 18 months after Elance and oDesk announced their merger on December 18, 2013 to create Elance-oDesk, an online workplace with a combined total 8 million registered users. oDesk was founded in 2003 by Odysseas Tsatalos and Stratis Karamanlakis. Elance was founded in 1999 by Beerud Sheth. With the launch of Upwork, the oDesk platform was upgraded and rebranded and the company announced that the Elance platform will be phased out within a couple of years, resulting in a single freelance marketplace.
After the re-branding of Upwork in early 2015, wide-spread criticism surfaced among freelancers because of various bugs and slow loading speed of the Upwork platform, which lead to an apology being issued by CEO Stephane Kasriel
Swiss private bank offers wealthy clients wealth management and asset protection services.
The Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester.
The bank markets itself as an ethical bank, and seeks to avoid investing in companies involved in certain elements of the arms trade, fossil fuel extraction, genetic engineering, animal testing and use of sweated labour as stated in its ethical policy. The ethical policy was introduced in 1992 and incorporated into the Bank’s constitution in 2013. In 2002, the parent company Co-operative Group Limited brought the bank and the Co-operative Insurance Society under the control of a newly incorporated holding society, Co-operative Financial Services, which became the Co-operative Banking Group in 2011.
As Britain’s seventh biggest lender, the majority of the bank’s revenue is made from interest charges on loans.
In 2013-14 the bank was the subject of a rescue plan to address a capital shortfall of about £1.9 billion. The bank mostly raised equity to cover the shortfall from hedge funds, while the Co-operative Group became a minority shareholder holding a 20% stake in the bank.
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