Amazon To Spend $1 Billion a Year On Theatrical Film Releases
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Sales And Repair
1715 S. 3rd Ave. Suite #1
Yakima, WA. 98902
Mon - Fri: 8:30-5:30
Sat - Sun: Closed
Sales And Repair
1715 S. 3rd Ave. Suite #1
Yakima, WA. 98902
Mon - Fri: 8:30-5:30
Sat - Sun: Closed
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“Zoom has a fundamental flaw — it has needed to spend heavily to keep hold of market share. Spending to cling onto, rather than grow, market share is never a good place to be and was a sign of trouble ahead,” Hargreaves Lansdown equity analyst Sophie Lund-Yates said. The company’s operating expenses surged 56% in the third quarter as it spent more on product development and marketing. Its adjusted operating margin shrank to 34.6% from 39.1% a year earlier.
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The Albany Times Union editorialized twice for the governor to sign the bill, recently noting that the bill has come under intense opposition from manufacturers: “Meanwhile, lobbyists, big corporations and a few trade organizations are pressing for a veto … Ms. Hochul must sign the bill, and then lawmakers should get to work passing an expanded version that includes all the products that were needlessly stripped from the original. Big corporations and the lobbyists they hire won’t be happy, but that shouldn’t matter a bit.”
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The mainstream coverage of SBF and FTX is more than a little blase… SBF was heavily involved in Democratic Party politics: In the 2022 election cycle, he was the second most prolific funder of Democratic candidates. But he wasn’t just a funder of electoral efforts. He funded both progressive and mainstream media organizations…
But SBF’s own attitude toward his funding of these causes seems to be that it’s all for show. When asked if ethics is “mostly a front”, SBF replied “yeah, that’s not all of it but it’s a lot.”
If SBF considered his generous donations to be a “front” for something else, one wonders what about the else. Is it perhaps the case that SBF thought he was actually buying goodwill and favorable coverage? He was, as it happens, the beneficiary of countless gushing magazine profiles and was frequently hailed as the “white knight” of crypto.
Indeed, SBF is still benefitting from some kinder-than-expected coverage from the mainstream media, even in the wake of the revelations about his fraudulent activities” and even from outlets that did not receive his largesse.
Read Reason’s full article here.
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The bearish momentum looks overdone, according to Lucas Outumuro, head of research at IntoTheBlock. Previous bear markets ended with the majority of addresses being out of-the money. The percentage of out-of-the-money addresses stood at 55% in January 2019. Bitcoin bottomed near $3,200 around the same time and began a bull run three months later. Further reading: Silence From Digital Currency Group’s Genesis Spooks Crypto
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On Apple’s device analytics and privacy legal page, the company says no information collected from a device for analytics purposes is traceable back to a specific user. “iPhone Analytics may include details about hardware and operating system specifications, performance statistics, and data about how you use your devices and applications. None of the collected information identifies you personally,” the company claims. In one possible differentiator, Apple says that if a user agrees to send analytics information from multiple devices logged onto the same iCloud account, it may “correlate some usage data about Apple apps across those devices by syncing using end-to-end encryption.” Even in doing so, however, Apple says the user remains unidentifiable to Apple. We’ve reached out to Apple for comment.
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The cryptocurrency exchange FTX owes creditors $3.1 billion, according to court documents filed late Saturday night….
Creditors’ names were not listed on the court filing, but the largest is owed $226,280,579, .
As part of its bankruptcy proceedings, FTX was required to list to the court its 50 largest creditors — either individuals or corporations — who are owed money. The second largest entity is owed $203,292,504, the court filing shows.
A video at the top of the article from ABC News adds that several celebrities “are being sued by a man who invested in the now-bankrupt crypto exchange… The lawyer behind the class claims that FTX was a massive ponzi scheme, only successful because it had a boost from celebrities.”
Meanwhile CNN adds that FTX “owes about $1.45 billion to its top ten creditors, it said in a court filing on Saturday, without naming them.”
The crypto exchange said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganization of some businesses. A hearing on FTX’s so-called first-day motions is set for Tuesday morning before a US bankruptcy judge, according to a separate court filing….
There could be more than 1 million creditors in the US cases that are already filed, FTX Group said, adding that it has been in touch with “dozens” of US and international regulatory agencies including the US Attorney’s Office, the US Securities and Exchange Commission and the Commodity Futures Trading Commission.
Meanwhile, authorities in the Bahamas — where FTX is based — are investigating whether any criminal misconduct occurred related to the company’s implosion, the Royal Bahamas Police Force said in a statement last Sunday. The Bahamian authorities have also taken control of cryptocurrency assets held by FTX Digital Markets, The Bahamas-based FTX unit that filed for Chapter 15 bankruptcy protection Tuesday.
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But then…
Fast-forward to fall 2022. The number of people quitting, while down from the peak, remains at the highest level since the 1970s. White-collar workers don’t want to give up working remotely. Low-paying sectors such as the hospitality industry can’t find enough people willing to work for the wages on offer. Union organizing and strikes have been on an upswing…. [W]hat’s increasingly clear is that the March 2020 decision to partially close down the American economy shattered Americans’ dysfunctional, profoundly unequal relationship with work like nothing in decades. And even if there was great discomfort in a shutdown that severed almost every one of us from assumptions about how we earn a living, we also found an unexpected opportunity: to remake our relationship with the labor that fills our days….
All of it — the lockdowns, the disease, the sudden change in household functioning and how or whether we worked at all — amounted to a massive psychological shock, leading many to ask why labor looms so large in our psyches. “It really was an opportunity — an unwelcome opportunity — to take a look at the mad scramble that many of us have just assumed was normal,” said Kate Shindle, who as president of the Actors’ Equity Association represents a particularly hard-hit industry. Then, when the economy unexpectedly boomed back, Americans were poised to pivot. As many had recognized, it was one thing to seek meaning in work but another to see our lives subsumed by it — and for what? A less-than-adequate paycheck? A job that could literally kill you? “Maybe the poor safety net really kept people from analyzing the role of work in their lives,” David Blustein, author of “The Importance of Work in an Age of Uncertainty” and a professor at Boston College’s Lynch School of Education and Human Development, told me. “Maybe the American work ethic was a form of survival….”
Over and over, when people spoke to journalists, including me, about why they made changes in their professional lives since March 2020, they told us they liked receiving better wages when they switched employers. But even more, they wanted greater control over the terms of their labor…. An increased level of remote work, likely in a hybrid format, is almost certainly here to stay, says Nick Bloom, a professor of economics at Stanford University, who has studied the topic for decades. Employees want it, technological advances continue to make it easier, and companies that forbid it completely are likely to find themselves at a disadvantage….
The past two and a half years brought immense upheaval, and we’ll be struggling to process the resulting changes for years. But it’s undeniable that some of these shifts were long overdue. Workers are highly unlikely to forget what we learned: namely, that our jobs are much more flexible than we thought.
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The event took place at the International Atomic Energy Agency’s “Atoms for Climate” pavillion, where the IAEA’s climate advisor presented the debate’s topic as “Nuclear Energy: Climate Friend or Foe?” (and introduced the two debaters as “enthusiastic young climate champions”). The Youth Strike for Climate activist objected to commiting humanity to 1 million years of maintaining nuclear waste. But he also argued that extreme weather was creating additional security risks, that the per-kilowatt hour cost was economically prohibitive, that nuclear plants were politically unpopular — and that anyways, they take too long to build giving our current climate crisis. “We need fast solutions.”
The Radiant Energy founder disagreed, arguing over specific statistics and insisting that nuclear energy should be considered a low-carbon energy solution, and also safe. (He pointed out that Chernobyl’s nuclear plant actually continued operating for 14 years after its 1986 nuclear accident.) Interestingly he also argued that in the Netherlands there’s a museum of nuclear waste — a science museum attached to their nuclear facility — “where they don’t just have the high-level waste, they have the highest part of high-level waste, the most dangerous isotopes, separated from the nuclear fuel. The most radioactive stuff — very hot for 500 years — and they have a tour where you can walk over it, and you can feel the warmth from the floor from the radioactive isotopes….
“You can absolutely manage the safe, secure, and even educational storage of the most radioactive isotopes… We know very well how to manage it.”
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