Spyke

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reddit

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So fucking brazenly perverse.

The window of success for trusting reddit for product recommendations was just destroyed. What fucking idiots. They can't seek out clients instead of posting to the world that they try to manipulate their users?

They are trying to point to subs dedicated to making smart purchases as an opportunity to advertise for whoever pays? Good fucking luck. They are going to crash their whole model into the ground and they don't care. This is an IPO play to get rich and RUIN the site.

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Amazon CEO tells staff to work in office three days a week or look for another job

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I don't know but there is a commercial property bubble right now. I've heard speculation that said investors want their commercial property loans to stay far away from default. They need commercial property to be worth more because loans are in danger of not being repaid.

https://www.reuters.com/business/finance/commercial-real-estate-investors-banks-buckle-up-perfect-property-storm-2023-07-30/

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Workers are on strike at all 3 Detroit auto makers for the first time in their union's history

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General Motors Co. booked $9.9 billion in net income last year, down from 2021's $10 billion despite chronic supply chain woes, rising interest rates and a slowing economy.

GM's comparatively strong financial performance enabled the Detroit automaker to deliver profit-sharing bonuses of $12,750 to approximately 42,300 hourly employees (total number of employees in 2022 was 167,000) - GM's highest such profit-sharing payout. The bonuses total $500 million for the year, the company said.

https://www.detroitnews.com/story/business/autos/general-motors/2023/01/31/gm-reports-nearly-10-billion-in-profit-in-2022/69856635007/

https://investor.gm.com/news-releases/news-release-details/gm-reports-third-quarter-2022-results