Shanghai, a city of 25 million people, will spend another Saturday in lockdown. They’ve been there for more than a week. They aren’t happy. Because the pandemic is more than two years old and effective vaccines are widely available, the extended lockdown is straining residents’ patience with their government’s extreme “Zero Covid” approach. This is … Read more
Starting pay for in-house truck drivers will go up from $87,000 to between $95,000 and $110,000 in order to get those Instant Pots to where they need to be more quickly. Google “How to become a truck driver.” People who work at Walmart will also be trained to become truck drivers through a 12-week course. … Read more
To start the Bitcoin 2022 conference in Miami yesterday, the city put up a 3,000-pound bull statue to show that the city is the “future of finance.” A lot of the things about Miami’s plan to become the world’s crypto capital aren’t clear. On the event: More than 25,000 people have come to Miami to … Read more
The “Battle to Become the Internet King,” or “Space Race 2.0,” is heating up. Amazon announced a multibillion-dollar investment in its satellite internet service just yesterday. Amazon’s counterpart to SpaceX’s Starlink, Project Kuiper, has secured up to 83 launches over the next five years to transport its intended fleet of over 3,000 satellites into orbit. … Read more
After purchasing a 9.2 percent investment in Twitter on March 14, Elon Musk, the world’s richest man, has become the company’s largest outside stakeholder. After the transaction was reported yesterday, Twitter shares jumped 27%, implying Musk had profited more than $1 billion on paper in just a few weeks. Doesn’t he have enough on his … Read more
After heartbreaking photographs of dead civilians circulated on the internet this weekend, Western leaders promised to increase economic pressure on Russia. Ukrainian troops and Western media poured into the city’s suburbs this weekend as Russian forces retreated from the region surrounding Ukraine’s capital, Kyiv. They discovered a large number of persons dressed in civilian clothes … Read more
The blockchain ecosystem is as wild as one of those gigantic inflatables at the car dealership, with the debut of a billion NFT initiatives and other crypto experiments (DeFi apps, DAOs, etc.). But there’s one company that’s giving it a leg up: Alchemy. Founded in August 2017, the company was valued at more than $10 … Read more
Pete Davidson isn’t the most well-known Staten Islander any longer. Employees at an Amazon warehouse in the city decided to unionise, making it the company’s first site to do so. It is one of the most significant victories for organised labour in decades. Employees voted 2,654 in favour of the union and 2,131 against. More … Read more
For the next six months, the Biden administration will discharge 1 million barrels of oil each day, not just for the scent, but also to flood the market with supply and bring down soaring gas prices. This is the largest release from the Strategic Petroleum Reserve (SPR) ever declared by the United States, demonstrating how … Read more
Zuck has been binge-watching too much House of Cards. According to a story in the Washington Post, Meta recruited a top Republican consulting firm to assist distribute bad messaging about competitor TikTok in a campaign reminiscent of Frank Underwood’s political scams. Targeted Victory, a consulting firm, produced anti-TikTok opinion pieces in local newspapers, deliberately campaigned … Read more
