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A prominent educator and patron of the arts, Henry Cole travelled in the elite, social circles of early Victorian England, and had the misfortune of having too many friends. During the holiday season of 1843, those friends were causing Cole much anxiety. The problem were their letters: An old custom in England, the Christmas and New Year’s letter had received a new impetus with the recent read more

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The job cuts in tech land are piling up, as companies that led the 10-year stock bull market adapt to a new reality.
Layoffs come as digital advertisers are cutting back on spending and rising inflation curbs consumer spending. Meta cut 11,000 jobs Wednesday in the biggest tech layoff of 2022. Here are the big ones that have been announced recently:

Meta: about 11,000 jobs cut (rightsizing after read more

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Frederick E Blaisdell Pencil debuted in the 1800s The pencil was an improvement from grease pencils—all you had to do once the graphite wore out was unwrap up more of the pencil. Blaisdell Pencils were famous among artists and weren’t primarily as durable as the ones today. In some cases, artists blew through 60 pieces per day. Over the years, prominent names made orders for custom read more

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In 1915, the Skaggs family owned a small grocery store in American Falls, Idaho. Originally owned by S. M. Skaggs, a Baptist minister, the store was opened to help provide for his family of 15 children. Shortly after the grocery was founded, it was purchased by one of Skaggs’s sons, Marion Barton Skaggs.

Marion Barton Skaggs, or M. B. as he was known, quickly developed an impressive business strategy. read more

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Elon Musk has completed his $44 billion deal to buy Twitter.
The deal’s closing removes a cloud of uncertainty that has hung over Twitter’s business, employees and shareholders for much of the year. Musk appeared to acknowledge the takeover in a tweet Thursday night saying, “the bird is freed.”

Earlier this week, Musk visited Twitter’s San Francisco headquarters to meet with employees. read more

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PREDAIA, Italy, Sept 21 (Reuters) – Apple farmers in the north of Italy are using natural refrigerators carved under a hillside to store their harvest in a controlled environment that remains at a constant temperature in all seasons. Three hundred metres beneath their fruit orchards in Predaia, a small town in the Trentino region, the Melinda group has read more

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It doesn’t look like legendary investor Warren Buffett will be adding bitcoin to his portfolio any time soon. Asked Saturday at the annual Berkshire Hathaway shareholders meeting if he had changed his famously negative views on bitcoin or crypto, the 91-year-old investor didn’t mince his words.

Buffett began his answer by saying that if all the attendees read more

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SAN FRANCISCO, April 25, 2022 /PRNewswire/ — Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

Twitter read more

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Harvard Book Store gets a new backer: John Henry
John Henry, principal owner of the Boston Red Sox and owner of the Boston Globe, has chosen to invest in another Boston-area institution. He’s taken on part-ownership of the Harvard Book Store in Cambridge, which has been in the book business since 1932.

Henry has long had an affinity for independent read more

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Big tech’s first generation of founders starts to step aside
Massive tech companies like Google, Amazon, Netflix, and more have had a huge impact on the way we live our lives, and have had incredible levels of financial success. Another thing many of these companies have in common is that their founders are no longer necessarily read more

A glassblower at Roberto Beltrami’s workshop, which is trying to compensate for gas-bill increases by raising prices by 15% to 35%.
Murano island, Venice: glass-worker heats a glass artistic creation in a methane powered oven

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Italy’s artisan glassblowers feel heat as gas prices soar
Surging energy prices are posing problems for the artisan glassblowers of Italy’s Murano. They have seen off plagues and pandemics and changed their business model to outrun low-priced competition from Asia. But now methane prices are shattering their read more

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Take a look at the record-breaking port congestion from 10,000 feet above, as 70 hulking cargo ships park off the LA coast
Every day last week, key ports in Southern California hit a new record backlog of cargo ships. An aerial view shows how the coast has turned into a parking lot for container ships. Before the pandemic, the read more

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Since the pandemic, employees are leaving the workforce or switching jobs in droves. For many, employers have played a big part in why they’re walking away.
A Microsoft survey of more than 30,000 global workers showed that 41% of workers were considering quitting or changing professions this year, and a study from HR software read more

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Your Phone’s Location Data Is Worth $12 Billion
Interconnected firms are monetizing user data and analytics from ‘1.9 billion devices’.

Wherever you go, you might make money.
But for someone else.
Some companies that shy away from the spotlight are paying top dollar for privileged access to the location history stored read more