Reddit is the latest tech company to announce layoffs, affecting 5 percent of its workers
neowin.net/news/reddit-is-the-latest-tech-company-to-announce-layoffs-affecting-5-percent-of-its-workers/
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Reddit lays off 5% of its workers: Reddit is laying off 5% of its workers in order to cut costs and restructure.
nydailynews.com/news/national/ny-reddit-lays-off-workers-20230607-cknyy32fdzazlbg3k3ze23rkoi-story.html
Reddit is reportedly cutting 5 percent of its workforce: Reddit is going through a restructuring, and according to an email by company chief Steve Huffman as ...
engadget.com/reddit-is-reportedly-cutting-5-percent-of-its-workforce-100556991.html
Reddit to lay off about 5% of its workforce: Reddit said on Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a list of technology ...
reuters.com/technology/reddit-lay-off-about-5-workforce-wsj-2023-06-06/
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Reddit is the latest tech company to announce layoffs, affecting 5 percent of its workers
neowin.net/news/reddit-is-the-latest-tech-company-to-announce-layoffs-affecting-5-percent-of-its-workers/
Reddit to lay off 5% of employees: San Francisco-based Reddit to lay off 5% of employees and cut back on hiring this year
sfchronicle.com/sf/article/reddit-lay-5-employees-18138860.php
Paid articlePaywall Reddit Layoffs: 5% of Workforce Let Go, Company Cuts Hiring Plans: Reddit is cutting 90 jobs, laying off about 5% of its total employee base ...
variety.com/2023/digital/news/reddit-layoffs-job-cuts-lowers-hiring-plans-1235635136/
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Paid articlePaywall Exclusive | Austin’s Reign as a Tech Hub Might Be Coming to an End: Regional tech hubs across the U.S. are losing talent as workers return to the coasts ...
wsj.com/articles/austins-reign-as-a-tech-hub-might-be-coming-to-an-end-02836bc3
Trailblazing video artist Bill Viola dies at 73: Often working with multiple video screens showing actors moving in extreme slow motion ...
npr.org/2024/07/13/nx-s1-5038670/video-artist-bill-viola-dead
Key FactsThe groundbreaking work of the late artist Bill Viola with video
Jul 13, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: latimes.com
Summary created with AI assistance · Source: latimes.com
- Artist Bill Viola, whose innovative work with video gained international recognition since the 1970s, has passed away. Viola, at the age of 73, succumbed to a long battle with early-onset Alzheimer's disease.
- Viola used video technology to explore the nature of human consciousness - what it is, how it works, and what it can endure or truly know. His art was an extended exploration of this ancient conundrum.
- In a short span of time, Viola managed to establish video installation art at the core of American cultural life, where it is now commonplace and holds a central position.
- Viola is survived by sons Andrei and Blake, in addition to Perov. A memorial is in the works to honor his legacy.
The Summer of 2023 Was the Hottest in 2,000 Years: Ancient tree rings show that the summer of 2023 was the hottest in the past 2,000 years because of ...
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Tech Times May 10 24
Reddit Releases New Content Policy Locking Public Data: Reddit has introduced a new policy, the "Public Content Policy," aimed at regulating access to ...
techtimes.com/articles/304519/20240510/reddit-releases-new-content-policy-locking-public-data.htm
Key FactsReddit restricts public data access with new content policy
May 9, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- Reddit introduces new policy to limit access to public data, now requiring a contract for use.
- Following its IPO, Reddit announced plans to generate revenue from data licensing agreements.
- The new policy mandates agreements for commercial use of Reddit data, while access for non-commercial purposes remains possible.
- Reddit safeguards user rights and privacy by restricting data access for unauthorized purposes and regulating commercial use through contracts.
Spotify teases an exciting new way to discover music: Your dream of asking for a custom playlist and getting one is nearly here.
star-telegram.com/news/business/article287485590.html
Key FactsSpotify Introduces Personalized AI Playlists with Prompts
Apr 8, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- Spotify introduces AI in playlist creation based on written prompts.
- Users in the UK and Australia can test the feature on Android and iOS.
- The AI accommodates various requests like 'songs for my cat' or 'beats for a zombie apocalypse'.
- Spotify customizes playlists based on user preferences and allows adjustments after creation.
Reddit users downvote stellar Wall Street debut: As Reddit's stock market value soared to almost $9 billion in its Wall Street debut on Thursday ...
reuters.com/markets/deals/reddit-users-downvote-stellar-wall-street-debut-2024-03-21/
Paid articlePaywall Banning TikTok could haunt Biden's reelection campaign: Biden's already said he'd sign the bill into law if it passes through the Senate ...
businessinsider.com/banning-tiktok-could-haunt-bidens-reelection-campaign-2024-3
Key FactsTikTok Ban: Impact Beyond Gen Z Users
Mar 14, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: vox.com
Summary created with AI assistance · Source: vox.com
- A potential ban on TikTok would have far-reaching effects, given the diverse and evolving user base.
- TikTok users are politically polarized, with a predominant younger audience. Their views differ from the average American.
- The platform has a rapidly growing user base that is undergoing demographic changes, especially with an increase in users aged 30-49.
- The use of TikTok as a primary source of news and information influences user opinions, leading to political polarization, particularly among younger users.
Reddit Eyes IPO In March, To Become The Only Social Media Company To Get Listed In Last 5 Years
indiatimes.com/worth/investment/reddit-ipo-march-2024-launch-625615.html
Reddit blackout: Subreddits to go private on Monday: More than 1,000 subreddits will be inaccessible for 48 hours to protest changes.
bbc.com/news/technology-65855608
Key FactsPopular Reddit iOS app Apollo to shut down on June 30 due to API price hikes
Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- Christian Selig, the developer of popular iOS Reddit app Apollo, has announced that he will be shutting down the app on June 30 due to upcoming price hikes to access Reddit's APIs.
- Selig stated that the price hikes would cost him $20 million a year to keep Apollo going.
- In a detailed message posted on Reddit, Selig denied accusations of blackmail and offered a $10 a year Apollo Pro subscription with 50,000 subscribers.
- Despite suggestions to raise the price of the subscription, Selig stated that it would not be enough and that it was cheaper for him to shut down.
Peloton Bikes Recalled: What Riders and Investors Should Know: An unexpected safety hazard has forced Peloton to recall the popular exercise bikes ...
kiplinger.com/personal-finance/peloton-bikes-recalled-what-riders-and-investors-should-know
Key FactsPeloton Shares Plunge After 2 Million Bike Recall
Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- Peloton shares tumbled following a recall of 2.2 million bikes.
- The recall was issued due to injury and fall concerns.
- According to Peloton and the CPSC, the seat post on Model Number PL01 bikes can detach and break unexpectedly during use.
- Peloton has disclosed multiple product recalls in recent years and plans to work with regulators to ensure user safety.
Paid articlePaywall Meta employees accuse Mark Zuckerberg of shattering the ‘morale and confidence in leadership of many high performers’
fortune.com/2023/04/20/meta-employees-tech-layoffs-mark-zuckerberg-morale-confidence/
Key FactsMeta is set to announce the latest wave of layoffs on Wednesday.
Apr 19, 2023 · Reading time: ~20 sec.
Summary created with AI assistance
Summary created with AI assistance
- Executives at Meta, which is in the midst of a cost-cutting campaign as it deals with a declining digital ad market, are likely to send out a companywide email concerning technical job layoffs early Wednesday.
- Another employment reduction is expected in May, following a March 14 blog post by Meta CEO Mark Zuckerberg stating that Meta intends to remove 10,000 workers this spring.
- Meta did not respond on Tuesday.
BuzzFeed News to close and parent company to make substantial layoffs: Chief executive Jonah Peretti says in company-wide email BuzzFeed ‘can no longer continue ...
theguardian.com/media/2023/apr/20/buzzfeed-news-close-layoffs-shutting-down
Key FactsBuzzFeed News is going out of business.
Apr 20, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- According to Peretti, the move was part of a larger round of layoffs at BuzzFeed, with the firm aiming to cut 15% of its personnel.
- Peretti suggested that some employees could be able to find work at HuffPost, the digital news firm acquired by BuzzFeed in a 2020 transaction.
- "HuffPost and BuzzFeed Dot Com have signalled that they will open a number of select roles for members of BuzzFeed News," Peretti informed employees.
- Peretti stated that Edgar Hernandez, chief revenue officer, and Christian Baesler, chief operating officer, would leave as part of the corporate reforms.
Juul will pay Massachusetts $41 million as part of new settlement: uul was one of the most popular vaping brands before Massachusetts banned flavored vaping ...
axios.com/local/boston/2023/04/13/juul-massachusetts-settlement
Tesla closes an office as layoff hits Autopilot jobs, including hourly ones: Tesla (TSLA.O) has shuttered its office in San Mateo, California and laid off ...
reuters.com/business/autos-transportation/tesla-closes-an-office-layoff-hits-autopilot-jobs-including-hourly-ones-2022-06-29/
Key FactsTesla has laid off over 200 members of the Autopilot team.
Apr 28, 2023 · Reading time: ~15 sec.
Summary created with AI assistance
Summary created with AI assistance
- The majority of the workers were employed in low-wage, low-skilled jobs, such as Autopilot data entry, which determines whether Tesla's Algorithmus correctly identifies an object, according to one source.
- It is unclear whether Tesla relocated its employees to New York in order to reduce costs or as a strategy to call into question the state of New York's numerous employment incentives, such as the tax credit for the New York Youth Jobs Program or the tax credit for the employment of people with disabilities.
Social Security rewards long careers and high pay, all but guaranteeing that parents who focus on child-rearing receive the smallest payouts.
How Social Security Screws Parents: Social Security rewards long careers and high pay, all but guaranteeing that parents who focus on child-rearing receive the ...
theatlantic.com/ideas/archive/2021/10/social-security-benefit-amounts-parents-women/620274/
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Larry King hospitalised with coronavirus, reports say: Veteran US television host Larry King has spent more than a week at a Los Angeles hospital after being ...
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