YouTube and Reddit are sued for allegedly enabling the racist mass shooting in Buffalo that left 10 dead ( fortune.com )
cross-posted from: lemmy.world/post/3320637...
40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’ ( fortune.com )
“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
We’re now finding out the damaging results of the mandated return to the office–and it’s worse than we thought ( fortune.com )
Surprising no one but the mgmt teams…...
Bosses and workers still can’t agree on whether the commute is part of the work day, and it’s creating a $578 billion productivity problem ( fortune.com )
Striking actor Stephen Fry says his voice was stolen from the Harry Potter audiobooks and replicated by AI ( fortune.com )
The actor told an audience in London that AI was a “burning issue” for actors.
‘Greedflation’ study finds many companies were lying to you about inflation ( fortune.com )
In April, Société Générale economist Albert Edwards released a scathing note saying he hadn’t seen anything like the current levels of corporate greed in his four decades working in finance. He said companies were using the war in Ukraine as an excuse to hike prices in search of profits....
Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago ( fortune.com )
Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations ( fortune.com )
When Spotify announced its largest-ever round of layoffs in December, CEO Daniel Ek hailed a new age of efficiency at the streaming giant. But four months on, it seems he and his executives weren’t prepared for how tough filling in for 1,500 axed workers would be....
'Disenfranchised' millennials feel 'locked out' of the housing market and it taints every part of economic life, top economist Mark Zandi says ( fortune.com )
Few milestones in life mean as much to the American Dream as owning a home. And millennials have encountered the kind of trouble totally befitting their generation, which largely graduated into the teeth of the disastrous post-2008 job market. Just as they entered peak homebuying and household formation age, housing...
Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy ( fortune.com )
Yelp says going all in on remote work boosted job applications by 43% and led to a more satisfied workforce ( fortune.com )
Yelp says going all in on remote work boosted job applications by 43% and led to a more satisfied workforce::The company’s WFH strategy boosted job applications and worker fulfillment.
Minneapolis mayor calls remote workers ‘losers’ who sit at home with a ‘nasty cat blanket, diddling on their laptop’ ( fortune.com )
Minneapolis Mayor Jacob Frey is trying a unique strategy to get remote workers to return downtown: insulting them....
Exxon-Mobil CEO flips from "it's too soon to act on climate" to "it's too late" as a means of discouraging decarbonization ( fortune.com )
“we’ve waited too long to open the aperture on the solution sets in terms of what we need, as a society, to start reducing emissions,” Woods told Fortune...
Elon Musk's X claims it's now a 'video-first platform' as it tries to reverse an advertiser exodus that has cost it billions in value ( fortune.com )
The claim is a major departure for the service, which has long been known as a destination for posting short snippets of text.