Better.com Employees Learned of Layoffs When Severance Checks Appeared In Payroll App

The mass layoffs at digital mortgage lender Better.com have reportedly started, according to employees and other sources at the company, and affected workers are finding out by seeing a severance check in their Workday account — the company’s payroll app. TechCrunch’s Mary Ann Azevedo reports: The layoffs were meant to be announced by the company on March 9, but one employee — who wishes to remain anonymous due to fear of repercussions — told TechCrunch that “they accidentally rolled out the severance payslips too early.” Better.com execs reportedly planned the layoffs for March 8 but moved the date to March 9 when news of the initial date leaked. Apparently, when execs realized their mistake, they deleted the checks from some people’s Workday accounts. According to the employee, the severance checks arrived without any additional communication from the company.

The employee told me: “Better Layoffs have started. Severance showing in our Workday app (which is payroll) as of 12 AM respective time zones. No email, no call, nothing. This was handled disgustingly.” The employee — who had an inkling that the cuts were coming — added: “Leadership remained absolutely silent, never acknowledged anything in regards to layoffs. They still haven’t.” An estimated 3,000 of the company’s 8,000 employees in the U.S. and India are being let go.

It is notable that the missive came from [CFO Kevin Ryan] and not CEO Vishal Garg, who suffered severe backlash after laying off 900 employees during a Zoom meeting in early December in what many considered to be a cold and callous manner. The video went viral globally and Garg was vilified not only for the way he notified employees, but for what employees described as verbally abusive behavior. […] Ryan wrote that the company “had to adjust to volatility in the interest rate environment and refinancing market.” He added: “Unfortunately, that means we must take the difficult step of streamlining our operations further and reducing our workforce in both the U.S. and India in a substantial way. This has not been an easy few months, and I want to express my sincere thanks to every member of the Better team for your hard work and focus,” he added. “Our strongest days lie ahead.”

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Internet Backbone Giant Lumen Cuts Service To Russia

Lumen Technologies, an American company that operates one of the largest Internet backbones and carries a significant percentage of the world’s Internet traffic, said today it will stop routing traffic for organizations based in Russia. KrebsOnSecurity reports: Lumen’s decision comes just days after a similar exit by backbone provider Cogent, and amid a news media crackdown in Russia that has already left millions of Russians in the dark about what is really going on with their president’s war in Ukraine. Monroe, La. based Lumen (formerly CenturyLink) initially said it would halt all new business with organizations based in Russia, leaving open the possibility of continuing to serve existing clients there. But on Tuesday the company said it could no longer justify that stance.

“Life has taken a turn in Russia and Lumen is unable to continue to operate in this market,” Lumen said in a published statement. “The business services we provide are extremely small and very limited as is our physical presence. However, we are taking steps to immediately stop business in the region.” “We decided to disconnect the network due to increased security risk inside Russia,” the statement continues. “We have not yet experienced network disruptions but given the increasingly uncertain environment and the heightened risk of state action, we took this move to ensure the security of our and our customers’ networks, as well as the ongoing integrity of the global Internet.” According to Internet infrastructure monitoring firm Kentik, Lumen is the top international transit provider to Russia, with customers including Russian telecom giants Rostelecom and TTK, as well as all three major mobile operators (MTS, Megafon and VEON).

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Amazon Nears ‘Tipping Point’ Where Rainforest Could Transform Into Savanna

If deforestation continues, the Amazon rainforest could reach a critical tipping point where most of it transforms into a dry savanna, a new study warns. Live Science reports: The study, published Monday in the journal Nature Climate Change, suggests that more than 75% of the rainforest has steadily lost “resilience” since the 2000s, meaning those portions of the rainforest now can’t recover as easily from disturbances, such as droughts and wildfires. Regions of the rainforest that show the most profound losses in resilience are located near farms, urban areas and areas used for logging, Inside Climate News reported. Climate change, rampant deforestation and burnings conducted for agriculture and ranching have left the Amazon far warmer and drier than in decades past, and since 2000, the region has endured three major droughts, The New York Times reported.

By examining satellite images taken between 1991 and 2016, the researchers determined how long the rainforest took to bounce back after such events, The Guardian reported. The researchers determined that, since the turn of the 21st century, the rainforest has been taking longer and longer to recover biomass, meaning the mass of living trees and other vegetation, after droughts and fires. “That lack of resilience shows that, indeed, there is only so much of a beating that this forest can take,” Paulo Brando, a tropical ecologist at the University of California, Irvine who was not involved in the study, told The New York Times. If the rainforests surpasses this tipping point, the ecosystem could swiftly change into a vast savanna, unleashing tens of billions of tons of carbon dioxide during the transformation, The Guardian reported.

At this point, can anything be done to prevent the Amazon rainforest from turning into the Amazon savanna? Experts say there is. “These systems are highly resilient, and the fact that we have reduced resilience doesn’t mean that it has lost all its resilience,” Brando told the Times. “If you leave them alone for a little bit, they come back super strongly.” But it requires key steps to be taken, experts said. “We have to get to zero deforestation, zero forest degradation,” Carlos Nobre, a senior scientist at the National Institute of Amazonian Research in Brazil, who was not involved in the study, told the Times. “We still have a chance to save the forest.”

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Russia Mulls Legalizing Software Piracy As It’s Cut Off From Western Tech

With sanctions against Russia starting to bite, the Kremlin is mulling ways to keep businesses and the government running. The latest is a creative twist on state asset seizures, only instead of the government taking over an oil refinery, for example, Russia is considering legalizing software piracy. Ars Technica reports: Russian law already allows for the government to authorize — “without consent of the patent holder” — the use of any intellectual property “in case of emergency related to ensuring the defense and security of the state.” The government hasn’t taken that step yet, but it may soon, according to a report from Russian business newspaper Kommersant, spotted and translated by Kyle Mitchell, an attorney who specializes in technology law. It’s yet another sign of a Cyber Curtain that’s increasingly separating Russia from the West.

The plan would create “a compulsory licensing mechanism for software, databases, and technology for integrated microcircuits,” the Kommersant said. It would only apply to companies from countries that have imposed sanctions. While the article doesn’t name names, many large Western firms — some of which would be likely targets — have drastically scaled back business in Russia. So far, Microsoft has suspended sales of new products and services in Russia, Apple has stopped selling devices, and Samsung has stopped selling both devices and chips. Presumably, any move by the Kremlin to “seize” IP would exempt Chinese companies, which are reportedly considering how to press their advantage. Smartphone-makers Xiaomi and Honor stand to gain, as do Chinese automakers. Still, any gains aren’t guaranteed since doing business in Russia has become riddled with problems, spanning everything from logistics to finance.

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‘God of War’ TV Series Adaptation Eyed By Prime Video

According to Deadline, Prime Video is turning PlayStation’s mythology-themed game franchise God of War into a live-action TV series. From the report: I hear the series adaptation comes from The Expanse creators/executive producers Mark Fergus and Hawk Ostby and The Wheel of Time executive producer/showrunner Rafe Judkins as well as Sony Pictures Television and PlayStation Productions, which collaborate on all TV series based on PlayStation games. This would mark the latest big deal for a TV series based on a popular video game title in a red-hot streaming marketplace for gaming IP. Peacock just landed another SPT/PlayStation property, Twisted Metal, with a series order and Anthony Mackie starring. HBO has coming up the high-profile PlayStation game-based series The Last of Us, starring Pedro Pascal and Bella Ramsey. Netflix has a Resident Evil TV series in the works, while Paramount+ is about to debut Halo.
[…]
The God of War franchise from Sony’s Santa Monica Studio spans a total of seven games across four PlayStation consoles. The action game series launched in 2005 on the PlayStation 2, with the first God of War. At the center is ex-Spartan warrior Kratos and his perilous journey to exact revenge on the Ares, the Greek God of War, after killing his loved ones under the deity’s influence. After becoming the ruthless God of War himself, Kratos finds himself constantly looking for a chance to change his fate. Following several titles on various PlayStation consoles including the PS3 and the handheld PSP, Santa Monica Studio brought new life to the franchise with the 2018 game on the PlayStation 4. In it, Kratos comes to the Norse wilds where he gets a second chance at fatherhood with his son Atreus. The installment a slew of honors at the 2018 Game Awards, including Game of the Year. An eighth God of War installment, God of War: Ragnorok, is in the works for PlayStation 4 and PlayStation 5 and is set to drop this year.

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Will Changing Opinions Boost America’s Nuclear Power Industry?

“The future of the nuclear power industry is being pushed on both by climate change and security fears stoked by Russia invading Ukraine and targeting the Zaporizhzhia nuclear power plant,” reports CNBC, with the world’s nations “coming to realize they can’t meet their climate goals with renewables, like wind and solar, alone.” Kenneth Luongo, founder of the security/energy nonprofit Partnership for Global Security, even tells CNBC there was a “sea change” in sentiment toward nuclear power at the 2021 United Nations Climate Change Conference.

There are about 440 nuclear power reactors operating in more than 30 countries that supply about 10% of the world’s electricity, according to the World Nuclear Association. Currently, 55 new reactors are being constructed in 19 countries, and 19 of those are in China. The U.S. only has two underway…. Currently, three new nuclear reactors are being built in Russia. But Russia is also the world’s top nuclear technology exporter….

As Russia and China have risen to prominence, the United States has lost “the muscle memory” to build conventional nuclear reactors, Luongo said. Nuclear power got a poor reputation in the United States after the nuclear accident at Three Mile Island in 1979 in Pennsylvania, and more globally after the accidents at Chornobyl in the Ukrainian Soviet Union in 1986 and Fukushima in Japan in 2011. But the tide is starting to turn. The Biden administration’s solution was included in the Bipartisan Infrastructure Law, which was signed into law November, and was effectively a big subsidy. The law includes a $6 billion program intended to preserve the existing U.S. fleet of nuclear power reactors…. At the same time, the Russia-Ukraine war gives the United States leverage to pry open more of a footprint in the global market. While the war is tragic, “it’s going to result in more opportunity for U.S. nuclear firms as Russia really disqualifies itself,” said John Kotek of the Nuclear Energy Institute [a U.S. nuclear industry trade association]. Russia’s dangerous attack at Zaporizhzhia nuclear power plant in Ukraine and China’s decision to not vote in favor of the IAEA’s resolution to prevent the kind of attack “will blowback on both countries’ nuclear export reputation,” Luongo told CNBC….

Nuclear plants are expensive to build and have, in many places, become more expensive than other baseload energy alternatives like natural gas. However, the U.S. is pushing hard into what could become the next generation of nuclear. “The United States has made a decision that they don’t want to allow Russia and China to dominate that next phase of the nuclear market. And so the U.S. is pouring billions of dollars — shockingly — billions of dollars into the development of what are called small modular reactors,” Luongo said. Specifically, the government is using the Idaho National Lab as a testing ground for these reactors.
Without specifically mentioning nuclear energy, former Gawker editor Alex Pareene recently argued a program of “mass electrification and renewable energy” could diminish the power of “oligarchic petrostates.”

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