Many employees at Silicon Valley tech companies have recently moved to cheaper residences to work remotely amidst the coronavirus pandemic. Big Tech has responded by slashing salaries using “cost-of-living” reductions as a reason. This has increased tensions between employers and their workers. One tech CEO in the midwest called Silicon Valley’s salary cuts “hypocritical.” The Wall […] Read more
Democratic presidential nominee Joe Biden pushed his plan to raise the minimum wage to $15 an hour if he defeats President Donald Trump in November. Biden made the comments Monday afternoon while campaigning in Florida. “Fifteen dollars should be a minimum wage in the United States of America. Period,” Biden said. His economic plans include […] Read more
Big technology companies may already be complying with secret Chinese requests for user information held in Hong Kong. They ought to “come clean” about the vulnerability of the data they hold there, a senior US state department official has said. Hong Kong can demand data from tech companies, and some are complying The allegation of […] Read more
The Walt Disney Co. is dealing with new developments in a pay-equity class-action lawsuit from 2019. On September 25, a Los Angeles Superior Court judge requested that Disney provide an outline of the private documents that detail how they give out their corporate compensation. A Disney spokesperson said, “this is a routine discovery dispute common to […] Read more
Economic statistics were never designed to measure the sudden shutdown and restart of large segments of the U.S. economy. Still, if there is one question that the government seemingly should be able to answer, it is this: How many Americans are receiving unemployment benefits? Since the start of the pandemic, however, federal data on the […] Read more
As the economy and jobs remain a top issue in this election year, the latest numbers from the government today show a clear improvement in the jobs picture. The unemployment rate fell sharply from 10.2 percent to 8.4 percent which is far better than expectations and way below the key level of 10-percent. Today’s numbers […] Read more
In the past seven months, more than 100 COVID-19 vaccines, therapies, and drugs have been pushed into development. But for any of these treatments to make it to humans, they usually have to face another animal first: a monkey. And here, scientists in the United States say they are facing a bottleneck. There just aren’t […] Read more
In a changing world, efficiency matters. It will not only enable you to accomplish more in less time, but it also means that you can increase your profits – by doing more in less time. Reducing your time-wasting tasks and developing a more efficient use of time can enable you to devote more time to […] Read more
Well-timed stock bets have generated big profits for senior executives and board members at companies developing vaccines and treatments. On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, […] Read more
The Nintendo Switch has reached a grand total of 61.44 million hardware sales, fast-approaching the legendary NES console – and quite possibly beating it. Nintendo’s latest financial earnings report is now in our hands, allowing us to compare the Switch’s current lifetime sales to those of its predecessors. The table below shows Nintendo home console hardware […] Read more
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