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A billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this?
  • In millions 2021 revenue: 75,325 2022 revenue: 76,048

    Revenue is neither stagnant nor decreasing. Only reason to reduce pay and headcount is to increase profit at the employee's cost. All corporations will get to an operational standpoint that reducing costs through better process and materials is no longer feasible and the only avenue to increased profits is to begin extracting wealth from the employee's via layoffs and salary reduction.

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    Overdraft fees could drop to as low as $3 under new Biden proposal
  • How I left Bank of America:

    My previous paycheck had $350 in overdraft fees that came out of my current check. Because I had automatic deposit for my paychecks they allowed for borrowing against your next paycheck.

    I borrowed $500 to cover the $350 in fees they stole from me plus a $150 service as compensation for my pain and suffering, withdrew all my money, cancelled automatic deposit, and walked away.

    I'm sure they sent it to collections, but looking back on it 20 years later: still worth any damage to my credit rating.

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    How Disney and Warner Bros. Are Causing Internet Piracy to Boom | Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.
  • I know of several very large companies that still use tape backups. Granted they're not like the cassette tapes we used back in the 20th century, but it is still the same tech.

    Those tape libraries are more akin to zip/jaz drives.

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    How Disney and Warner Bros. Are Causing Internet Piracy to Boom | Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.
  • You just happened to get a reply from a former backup engineer who has had to explain this concept to customers.

    Something else in the backup world that gets regularly misused: backups != disaster ecovery.

    Disaster recovery is a whole plan of action. Backups can be a part of DR, yes, but I have had way too many companies consider their backups as the totality of their DR.

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