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Spotify to axe 1,500 workers to save costs
Just as they announced their profitable quarter.
This isn't to "Save costs". It's to further boost profits at any measure, which is what publically traded companies want. Happy investors.
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Spotify to axe 1,500 workers to save costs
Just as they announced their profitable quarter.
This isn't to "Save costs". It's to further boost profits at any measure, which is what publically traded companies want. Happy investors.
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Elon Musk Begs Advertisers to Return as Twitter's Revenue Plunges
Can't remember the last time I was on Twitter. Turns out I don't need it. Turns out I'm just a little happier without it.
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ChatGPT's Growth Is Flatlining: Where Does It Go From Here?
Jesus Christ, can we leave things alone that aren't infinitely growing
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Gen Z job seekers should be willing to work for free, long hours, ‘willing to do anything,’ says Squarespace CMO
This is the newest form of slavery. Subtle.
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Multi-day DDoS storm batters Internet Archive
Man, the internet archive is one of the good sites that's not a puke gobbling corporate, can we direct attacks to someone worthy of the heat instead?
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I would bet money he still supports Trump, there's no limit to the doubling down.
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I had the impression that people running for office in Mexico were being assassinated a lot, if she is real force for good then I hope she's safe
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Discussion: Banning links to Twitter/X
Fully support any actions we can take that reduces traffic and / or revenue to X.
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Baldur’s Gate 3 boss says gamers don’t want mass subscriptions
The thing is that this guy is not the head of a public company where shareholders demand massive and continually growing profits. So he acts in the interests of the consumer, the customer, the gamer. But if this was a public company, shareholders would buy shares and then demand he do something to grow that share price, so they can sell the shares later for profit.
When that happens we see that CEOs do everything they can to maximize profits, like promising release dates in earnings calls.
The difference between private and public companies is the single biggest threat to us all because as soon as the company acts in the exclusive interest of profit, everything else gets fucked. And most do.
That means employees, customers, everyone. Only the 1% benefit from the gutting of everyone else.
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Spotify axes 17% of workforce in third round of layoffs this year
Merry Christmas to all those families!
Yes, we had record profits but our CEO has the job of raising the share price so that investors can buy and sell higher, so we have to find more profits somewhere.
You understand.
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We demand infinite growth. Why? Because shareholders want to buy shares and sell them later for more.
Do anything it takes to make that transaction happen, cut people's jobs en masse, whatever.
Forever.
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The US healthcare system is broken...
It's insane to me that healthcare looks like this in the US, I mean I live in an objectively weaker economy and my healthcare is vastly better in terms of cost, availability and has no hard ties to employment.
That is crazy messed up. My gut feel is that it's again down to the corporate shareholder problem, where infinite growth is demanded. It's defies belief that this hasn't been fixed, and really makes me think that overall we may be losing the war of greed vs humanity.
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Ex-Activision CEO Bobby Kotick looks to buy TikTok amid shutdown fears - Dexerto
This guy is an incredibly dangerous parasite with apex predator instincts. Fucking up games is one thing, but stepping closer to the social fabric is a next level concern.
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US prosecutors want Boeing to face criminal charges
There should be consequences for companies (and specifically the leadership) that cause danger to innocent lives in their pursuit of profit over all else.
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Murdoch Outlets and Bezos’ WaPo Demand More Sympathy for Health Insurance Execs
Message control.
This is why they bought the media in the first place, so what they say is loudest.
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Air Canada must pay damages after chatbot lies to grieving passenger about discount | Airline tried arguing virtual assistant was solely responsible for its own actions
Motherfuckers tried to get away from responsibility for their own systems?
Air Canada, disgusting.
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Reddit Signs AI Content Licensing Deal Ahead of IPO
So they're cashing in by selling other people's conversations.
Yeah.
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Art sometimes can't imitate life
Looks like more Luigis are needed.
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Jeff Bezos-Backed Real Estate Company Is Launching A New Fund To Acquire More Single-Family Homes Across The U.S.
It will not stop. The government won't step in, because they are all in on it. Their money comes first, above all else. The way they treat me homeless people today is how you will be treated tomorrow.
There is only one way to stop the runaway cancer of greed, and it's not by writing angry notes.
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I'll never understand spending that money like that instead of helping kids with cancer.
Probably one of the several reasons why I am not rich.