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Twitter just made a change to the way it displays images that has visual artists on the social network celebrating.
In March, Twitter rolled out a limited test of uncropped, larger images in users’ feeds. Now, it’s declared those tests a success and improved the image sharing experience for everybody. READ MORE
Shares of COVID-19 vaccine makers fell on Thursday as governments debated plans to waive patent protection for the shots, with analysts saying the move could rattle investor sentiment or weigh on longer-term business prospects. READ MORE
The number of Americans filing for first-time unemployment benefits fell to a new pandemic low last week, the latest evidence that layoffs are slowing as the economic rebound strengthens. READ MORE
Carmakers hoping for relief from the acute global chip shortage may have to wait until 2023 before things return to normal, German semiconductor supplier Infineon warned on Tuesday.
Infineon’s own inventories are depleted; downstream facilities responsible for final assembly are waiting on shipments of raw chips; and its factory in Austin would need four months to fully recover from February’s storm-related power outages in Texas. READ MORE
Is a company making profit or a loss? It’s undoubtedly an important question in the minds of managers, investors, bankers, and boards of directors (investors would like to buy shares of, and banks would prefer to lend money to, a profitable company). But surprisingly, this question is becoming increasingly difficult to answer. The bottom-line number in income statements, which shows a profit or a loss, is calculated after so many deductions and adjustments that it provides no assurance of a firm’s core profitability. Compounding this development is the fact that, along with earnings based on Generally Accepted Accounting Principles (GAAP), firms increasingly report a number called non-GAAP or pro-forma earnings. READ MORE
When Alice Fair flaunted north-facing views from the 48th floor of a skyscraper in Lower Manhattan, her audience was quiet. Most were on mute. READ MORE
Facebook runs a massively successful digital advertising operation on the back of its granular categories based on user behavior. Yet, many of the people who actively use its services aren't aware of how the social network shares their data with advertisers. To shed light on the issue, privacy-focused messaging app Signal tried to use Facebook's targeted ad machine against it. However, what may have started as activism-meets-self-promotion has since boiled over into a full-blown spat, with both companies disputing each other's version of events. READ MORE
Eli Lilly & Co (LLY.N) employees have accused a factory executive of altering documents required by government regulators in an effort to downplay serious quality control problems at the U.S. plant producing the drugmaker’s COVID-19 treatment, according to an internal Lilly complaint and a source familiar with the matter. READ MORE
Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work.
Even though US manufacturing activity surged to a 37-year high in March, the industry has more than half a million job openings. Factories are struggling to find skilled workers for specialized roles such as welders and machinists. Manufacturers are even having trouble hiring entry-level positions that do not require expertise. READ MORE
SpaceX has been granted permission from the Federal Communications Commission to fly its Starlink satellites in lower orbits, despite opposition from competitors including Amazon's Kuiper Systems and Viasat, who argue that the move would "harm the public interest." READ MORE
Remember when early internet developers created online organization systems by literally copying offices, appropriating files, drawers, and manila folders into digital form, images and all? This is essentially how workplaces are handling remote work, according to the comprehensive new Remote Work Report from the good people at GitLab. READ MORE
Microsoft had another blowout quarter, a massive acquisition and a noteworthy investment in Georgia, which just passed a controversial bill that restricts voting rights for minorities.
The company also announced a major initiative to help disabled people get jobs. READ MORE
The space race between the world’s two richest men went into hyperdrive on Tuesday after Tesla chief Elon Musk took a swipe at Jeff Bezos’ attempt to challenge a major NASA contract.
The two billionaires, who have been trying to launch long-range orbital rockets, were competing for a coveted contract from the government to build a spaceship to deliver astronauts to the moon as early as 2024.
Musk won. Bezos was not happy. READ MORE
At a confab for tech and media moguls in Sun Valley, Idaho, in July 2019, Timothy D. Cook of Apple and Mark Zuckerberg of Facebook sat down to repair their fraying relationship. READ MORE
Emergent BioSolutions' stock lost more than half of its value since the disclosure that it ruined as many as 15 million doses of Johnson & Johnson's Covid-19 vaccine at its Baltimore plant. But the company's CEO dumped more than $11 million worth of stock ahead of the stock's massive decline. READ MORE
Fake LinkedIn profiles pose a risk to members who could be duped into sharing sensitive secrets on the popular Microsoft-owned professional networking platform, a BBC report says.
The UK’s MI5 security service said that over the past five years at least 10,000 UK nationals have been targeted by fake LinkedIn profiles connected to hostile nation-state actors, according to the BBC. READ MORE
The “next normal” is officially setting in, especially when it comes to remote work. Simform’s 2021 Remote Work Survey found that 82% of surveyed companies plan to allow their employees to work from home indefinitely and 77% want to make this a permanent solution.
Even some of the largest corporations in the world such as Facebook, Spotify, Microsoft, Salesforce, Twitter, and Slack have rolled out plans for a long-term remote workforce beyond just 2021. READ MORE
Intel Corp. ’s new chief executive said a global chip-supply shortage could stretch two more years as the U.S. semiconductor giant posted weaker quarterly earnings.
Pat Gelsinger said the supply constraints that have affected some sectors of the global economy for months will continue until more capacity comes online to meet chip demand for everything from automobiles to electronics. READ MORE
Even kindergartners know that when you make a mess, you have to clean it up. Alas, in the case of tech companies and the countless millions of wireless earbuds they produce, the mess is a burgeoning eco-disaster (for a deeper dive, see this blog post). Apple’s AirPods, which may last only a few years due to their small batteries, are a notorious example. That’s what makes Podswap, a startup that puts new batteries in otherwise dead AirPods, so enticing. Not only can this company bring your useless, headed-to-the-landfill AirPods back to life, but it is also challenging Apple and other big tech manufacturers to offer more-sustainable product designs and better practices to support them. READ MORE