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Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups across many sectors also announced cutbacks through the first half of the year. And while read more

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When a struggling Californian attempted to alleviate his financial stress by robbing a bank, Michael Armus Sr. recognized it was out of sadness and not malice. Stepping in with words, and eventually a hug, 69-year-old Michael diffused a situation potentially explosive situation, as the bank robber claimed he was carrying a bomb.

“I 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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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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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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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

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NYC food delivery workers face a ‘harrowing world’ New York City’s app-based delivery workers—a lifeline to city residents during the COVID-19 pandemic—regularly face nonpayment or underpayment, unsanitary or unsafe working conditions and the risk of violence, according to a new report released Sept. 13. The report, “Essential but Unprotected,” read more

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SAN FRANCISCO (CBS SF) — New Year’s Eve got off to a rocky start early Thursday as a 3.6 magnitude struck along the San Andreas Fault just south of Muir Beach and was felt widely in San Francisco and Marin County. According to the U.S. Geological Survey, the quake struck at 5:41 a.m. with the epicenter on the famed fault line in the read more