Tripp Mickle / New York Times:
The recent tech layoffs highlight a generational divide between younger workers, experiencing their first downturn, and older workers, who have been here before — The industry's recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
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Monday, January 23, 2023
The recent tech layoffs highlight a generational divide between younger workers, experiencing their first downturn, and older workers, who have been here before (Tripp Mickle/New York Times)
Binance says Signature Bank will only handle transactions of over $100,000, starting on February 1, as the US bank decreases its exposure to crypto markets (David Pan/Bloomberg)
David Pan / Bloomberg:
Binance says Signature Bank will only handle transactions of over $100,000, starting on February 1, as the US bank decreases its exposure to crypto markets — Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 …
India asks Twitter and YouTube to remove videos and tweets of a BBC documentary on 2002 religious riots in Prime Minister Narendra Modi's home state of Gujarat (Ashutosh Joshi/Bloomberg)
Ashutosh Joshi / Bloomberg:
India asks Twitter and YouTube to remove videos and tweets of a BBC documentary on 2002 religious riots in Prime Minister Narendra Modi's home state of Gujarat — The Indian government has asked social media giants Twitter Inc. and Alphabet Inc.'s YouTube to take down videos and tweets …
Sunday, January 22, 2023
Sources: Donald Trump does not want to renew his Truth Social exclusivity contract, expiring in June 2023, and is asking for suggestions for his first tweet (Rolling Stone)
Rolling Stone:
Sources: Donald Trump does not want to renew his Truth Social exclusivity contract, expiring in June 2023, and is asking for suggestions for his first tweet — The ex-president is planning his first tweets with a few months to go on his Truth Social contract
Sources: activist investor Elliott Management has made a multibillion-dollar investment in Salesforce (Wall Street Journal)
Wall Street Journal:
Sources: activist investor Elliott Management has made a multibillion-dollar investment in Salesforce — Elliott Management makes a multibillion-dollar investment in the business-software provider — Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc. …
Researchers and ex-Twitter staff: physical attacks in the US have tracked with spikes in some hate speech on Twitter, notably anti-Semitic and anti-gay rhetoric (Joseph Menn/Washington Post)
Joseph Menn / Washington Post:
Researchers and ex-Twitter staff: physical attacks in the US have tracked with spikes in some hate speech on Twitter, notably anti-Semitic and anti-gay rhetoric — SAN FRANCISCO — Earlier this month, the FBI charged a Florida man with making detailed online threats to murder 100 gay people.
How some US incarcerated people use contraband mobile phones to educate themselves, make TikToks, find love, publicize prison conditions, earn money, and more (Keri Blakinger/The Marshall Project)
Keri Blakinger / The Marshall Project:
How some US incarcerated people use contraband mobile phones to educate themselves, make TikToks, find love, publicize prison conditions, earn money, and more — Despite the security concerns of administrators, incarcerated people use phones to hustle, make TikToks or publicize prison conditions.
Analysis: Apple timed the new MacBook Pro, Mac mini, and HomePod launch to boost this quarter's revenue, while avoiding supply issues during the holiday season (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Analysis: Apple timed the new MacBook Pro, Mac mini, and HomePod launch to boost this quarter's revenue, while avoiding supply issues during the holiday season — Apple timed the launch of the new MacBook Pro, Mac mini and HomePod to shore up its current quarter's revenue …
Creators from India's hinterland are going viral on YouTube Shorts and running into copyright issues for "fact channels" that add context to other users' videos (Nilesh Christopher/Rest of World)
Nilesh Christopher / Rest of World:
Creators from India's hinterland are going viral on YouTube Shorts and running into copyright issues for “fact channels” that add context to other users' videos — A new generation of creators found success on YouTube Shorts. Now, YouTube is after them for violating its community guidelines.
Saturday, January 21, 2023
A look at Amazon's fledgling drone delivery unit, which has struggled due to safety concerns and now faces layoffs and other cost-cutting measures (Annie Palmer/CNBC)
Annie Palmer / CNBC:
A look at Amazon's fledgling drone delivery unit, which has struggled due to safety concerns and now faces layoffs and other cost-cutting measures — - As part of Amazon's widespread layoffs, some employees in the nascent drone delivery project are losing their jobs, according to people familiar with the matter.
Filings: Signature Bank borrowed $10B in Q4 from Federal Home Loan Banks, the system originally designed to support mortgage lending; Silvergate borrowed $3.6B (Eric Wallerstein/Wall Street Journal)
Eric Wallerstein / Wall Street Journal:
Filings: Signature Bank borrowed $10B in Q4 from Federal Home Loan Banks, the system originally designed to support mortgage lending; Silvergate borrowed $3.6B — Signature and Silvergate turn to government-chartered lenders after customer withdrawals surge
How Apple's lean hiring may help it avoid layoffs; Apple's workforce grew 20% from 2019 to 2022, Amazon's grew 100%, Meta 94%, Alphabet 57%, Microsoft 53% (Aaron Tilley/Wall Street Journal)
Aaron Tilley / Wall Street Journal:
How Apple's lean hiring may help it avoid layoffs; Apple's workforce grew 20% from 2019 to 2022, Amazon's grew 100%, Meta 94%, Alphabet 57%, Microsoft 53% — The iPhone maker's workforce grew 20% in the past three years, a far slower pace than rivals — Tech Layoffs Pile Up as Bosses Reverse Course
Current and ex-Amazon managers and execs say focus on managing costs should have come sooner, ideas aren't evaluated with the same rigor as before, and more (Jason Del Rey/Vox)
Jason Del Rey / Vox:
Current and ex-Amazon managers and execs say focus on managing costs should have come sooner, ideas aren't evaluated with the same rigor as before, and more — After the largest corporate layoffs in its history, the tech giant is at a crossroads. — For years, it seemed as though nothing …
Tech companies like Google and Microsoft have offered a muted response to unrest in Iran, prompting side projects by employees to fight censorship and more (Paresh Dave/Wired)
Paresh Dave / Wired:
Tech companies like Google and Microsoft have offered a muted response to unrest in Iran, prompting side projects by employees to fight censorship and more — Companies like Google have offered a muted response to unrest in Iran. Grassroots coders are tackling internet censorship on their own.
Google may introduce ChatGPT competitor in May
Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)
Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...