layoffs

Global

Asian shares mixed after biggest Wall St retreat of the year – Associated Press

Asian shares were trading mixed Thursday, as investors grew cautious after Wall Street’s biggest pullback of the year. Shares dipped in Tokyo, but rose in Seoul and Sydney, where they recouped earlier losses by late morning. Hong Kong shares were slightly lower, while Shanghai shares were little changed. Japan’s benchmark Nikkei 225 slipped 1.5% to

Twitter

Musk says granting ‘amnesty’ to suspended Twitter accounts – Associated Press

New Twitter owner Elon Musk said Thursday that he is granting “amnesty” for suspended accounts, which online safety experts predict will spur a rise in harassment, hate speech and misinformation. The billionaire’s announcement came after he asked in a poll posted to his timeline to vote on reinstatements for accounts that have not “broken the

Opinion

Opinion: Tech Layoffs May Give U.S. IT Workers Opportunities – Joe Guzzardi

Elon Musk, Twitter’s new Chief Executive Officer, and the firings he immediately called for that included H-1B visa holders, as well as the tech industry’s mass, across-the-board layoffs, raise a three-decade-old question: should the H-1B visa be eliminated, and should U.S. tech workers be put first in line for the white-collar, well-paid jobs? Musk, who

Twitter

Musk’s latest Twitter cuts: Outsourced content moderators – Associated Press

Twitter’s new owner Elon Musk is further gutting the teams that battle misinformation on the social media platform as outsourced moderators learned over the weekend they were out of a job. Twitter and other big social media firms have relied heavily on contractors to track hate and other harmful content. But many of those content

Opinion

Opinion: World Chaos Looms Thanks to Elites’ Policies – Inside Sources

The disconnect between the global elite and the real world is growing daily. Most people are worn down by the pandemic, food and energy price hikes, and general inflation, and they worry about a recession. Yet, the chattering classes are jetting into conferences in Davos or Aspen to declare that our biggest, immediate threats are climate change,