Amazon is getting ready to lay off up to 30,000 corporate employees. Geekwire.com reports that the reduction is to reduce expenses, and it is intended to compensate for what Amazon terms overhiring during the pandemic. Emails are going out today. The company hasn’t put out a workforce number lately, but had about 350,000 employees in early 2023. At that number, this cut would be about 8.5% of the workforce. The cuts will be across logistics, payments, video games, and Amazon Web Services.
As the tech sector continues to dominate much of the financial markets, two tech titans have passed another milestone…one that is hard to wrap your head around. According to techcrunch.com, both Apple and Microsoft are now worth over $4 trillion bucks. It’s the first time Apple has surpassed the $4 trillion mark. Microsoft did it in July, then dropped a bit…but is now over $4 trillion.The only other company that is worth that much right now is Nvidia…but Alphabet…the parent company of Google, is getting a bit close. It is at $3.25 billion. Wouldn’t you love to have the interest on that amount of money for just a few minutes? An hour at 4.26% interest would add up to $19.4 million!
Along with a number of other right-leaning folks, Elon Musk has railed against Wikipedia as being too liberal and too ‘woke.’ Now, he’s unveiled Grokipedia. Gizmodo.com notes that it looks like Wikipedia with dark mode turned on. The site claims to have just under 900,000 articles. Wikipedia, on the other hand, has about 7 million English articles. A quick take: Overall, Grokipedia gives off the impression of a site where topics and people that Elon Musk likes or supports are presented without framings that cast any doubt on their validity, and those he dislikes are presented with criticism front-and-center. If that’s your cup of tea, have at Grockipedia.
The National Highway and Traffic Safety Administration is looking into Tesla’s Full Self Driving Mad Max mode. Engadget.com reports that Tesla says it offers “higher speeds and more frequent lane changes” than its Hurry speed profile. Apparently, it is a little too much like Mad Max…reports have it speeding, running red lights, and driving against the flow of traffic. Tesla has given the disparaging description ‘Sloth Mode’ to the regular, no hurry, follow the speed limit mode.
I’m Clark Reid and you’re ‘Technified’ for now.