Friday, December 10, 2021

December 10, 2021 - Google execs tell employees they won't raise pay to match inflation

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TradeBriefs Editorial

From the Editor's Desk

What CIOs need from their CEOs and boards to make IT digital ready | McKinsey

As any CIO or tech leader can tell you, transforming IT and modernizing a business's technology estate is a significant challenge. Making matters worse, many CEOs and board members still cast a jaundiced eye on large tech projects, which have traditionally run over budget and delivered below expectations. Unfortunately, this mindset undermines the support CIOs need to successfully drive their tech transformations.

To understand how CEOs and board members can better support their tech leaders, we spoke with about 120 senior tech leaders and 30 senior business executives over the past 18 months. These detailed interviews provided a range of insights, but these five, in particular, highlight the best measures CEOs and boards can take to provide CIOs with the support they need:

Continued here


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Google execs tell employees they won't raise pay to match inflation
Google execs tell employees they won't raise pay to match inflation
Google executives nixed the idea of raising employee pay companywide to address inflation at an all-hands meeting on Tuesday.


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CDC chief says Omicron is 'mild' as early data comes in on US spread of variant | Coronavirus | The Guardian
CDC chief says Omicron is 'mild' as early data comes in on US spread of variant | Coronavirus | The Guardian
Agency is working on detailed analysis of what the new mutant form of the coronavirus might hold for the US


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Why the next big entrepreneur must come from climate tech
Why the next big entrepreneur must come from climate tech
It is a financial and a moral imperative to make climate technology, together with medicine, the main priority of humanity.


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How to acquire customer research that shapes your go-to-market strategy
How to acquire customer research that shapes your go-to-market strategy
Before you can hire a full-time marketer, you must first get to know your potential customer and what is going on in their life that will ultimately trigger them into using you.


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China Evergrande Has Defaulted on Its Debt, Fitch Says
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A ratings agency's declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.


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How the AWS outage wreaked havoc across the U.S.
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Amazon's cloud-computing arm was hit with an outage that lasted almost all day Tuesday, knocking offline many web-connected devices and popular sites.












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New York City gives noncitizens right to vote in local elections
New York City gives noncitizens right to vote in local elections
New York City on Thursday became the largest municipality in the US to allow noncitizens to vote in local elections


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After AWS outage, Larry Ellison says Oracle's cloud never 'goes down'
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Oracle Chairman Larry Ellison used the end of the quarterly earnings call to tout his company's cloud in light of a major Amazon Web Services outage.


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Fall on walk from bed to desk is workplace accident, German court rules | Germany | The Guardian
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Man who slipped and broke his back while working from home was commuting, it is decided


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Madagascar food crisis: How a woman helped save her village from starvation
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Loharano has avoided the fate of many in southern Madagascar through the use of new farming methods.


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Bill Gates: Metaverse will host most virtual meetings in a few years
In a year-end blog post, billionaire Bill Gates predicted the use of the metaverse to replicate being face-to-face with co-workers, even while working from home.


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Truck crash in Mexico kills at least 53 people and injures 54
The victims appeared to be immigrants from Central America, though their nationalities had not yet been confirmed.


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Americans Break Record for Money Won in Single Year—$44 Billion, Gaming Industry Says
Americans Break Record for Money Won in Single Year—$44 Billion, Gaming Industry Says
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Trump loses appeal to block Jan. 6 Capitol riot probe from getting records
Trump loses appeal to block Jan. 6 Capitol riot probe from getting records
The riot-probe decision came one day after Trump's former White House chief of staff Mark Meadows sued the Jan. 6 select committee over two federal subpoenas.


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As a senator with a disability, Mr. Dole, who died this week, used his bipartisan influence to support a landmark law that held deep personal significance.


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The president kicked off his summit as critics questioned the guest list and whether the United States could be an effective advocate for democracy amid problems at home.


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American Airlines to Cut International Flights Over Boeing 787 Delays
American Airlines to Cut International Flights Over Boeing 787 Delays
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1 in 5 Americans are saving less for retirement due to Covid
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Dimensional Fund Advisors' co-CEO on new fixed income, equity ETFs
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Mutual fund player Dimensional Fund Advisors sees significant client demand for new exchange-traded funds, co-CEO Gerard O'Reilly says.


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Opinion: The infectious disease expert who warned us 800,000 Americans would die of Covid-19
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Met Museum Removes Sackler Name From Wing Over Opioid Ties
Met Museum Removes Sackler Name From Wing Over Opioid Ties
The museum and the Sackler family announced that the name would be removed from seven exhibition spaces, including the wing that houses the Temple of Dendur.


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Ken Jennings and Mayim Bialik to Share 'Jeopardy!' Hosting Duties
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Lina Wertmueller, First Woman Nominated for Directing Oscar, Dies at 93
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The Italian director's potent mix of sex and politics made her the first woman nominated for an Academy Award for directing


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Cellist quits job to perform in NYC subway dressed like Marie Antoinette
Cellist quits job to perform in NYC subway dressed like Marie Antoinette
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A Black couple had a White friend show their home and its appraisal rose by nearly half a million dollars
A Black couple had a White friend show their home and its appraisal rose by nearly half a million dollars
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U.S. to Bar Investment in Chinese AI Giant, Considers Banning Key Exports to Top Chip Maker
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Web creator Tim Berners-Lee's startup Inrupt raises $30 million
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As we wrap the year, it's become clear that "normal" is a thing of the past. This is a reality growth marketers live in everyday. What worked yesterday may not work today and likely won't tomorrow.


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Deed raises $10M for its workplace giving platform
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First Resonance brings its space-scale manufacturing OS to hardware makers with $14M A round
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Airplane soars with $8.5M to make creating internal tools less burdensome
Airplane soars with $8.5M to make creating internal tools less burdensome
With developers in mind, the company gives engineers back the time they were spending building internal tools and away from product engineering. 


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Bird Buddy lands $8.5M to pursue 'tech for nature' after smart bird feeder campaign takes off
After the resounding success of several crowdfunding campaigns for its gamified smart bird feeder, Bird Buddy has raised an $8.5 million seed round. Its first product will ship in a few months, but it's just the start of what the company hopes will be a new approach to using tech to better en…


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Robust Intelligence raises $30M Series B to stress test AI models
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Robust Intelligence, an AI startup that helps businesses stress test their AI models and prevent them from failing, today announced that it has raised a $30 million Series B funding round led by Tiger Global. Previous investor Sequoia, which led the company's Series A round, as well as Harpoo…


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Ikigai gets $13M to build automated workflows with humans in the loop
Ikigai gets $13M to build automated workflows with humans in the loop
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SF's Tradeshift, a supply chain finance platform, raises $200M
SF's Tradeshift, a supply chain finance platform, raises $200M
Tradeshift — the late-stage startup tackling supply chain financing — has announced a $200 million funding round in equity and debt from a combination of existing and new investors, including Koch Industries, the giant industrial conglomerate. Also participating were IDC Ventures, LUN Partners, Pri…


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Mio raises $8.7M Series A to make enterprise messaging interoperable
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Mio, a startup that helps enterprise teams collaborate across messaging services like Zoom Chat, Microsoft Teams, Slack and Cisco's Webex, today announced that it has raised an $8.7 million Series A funding round. The round was led by Zoom and Cisco Investments. In total, Austin-based Mio, wh…


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Rho raises $75 million Series B for its one-stop corporate spend and cash management solution
Rho raises $75 million Series B for its one-stop corporate spend and cash management solution
Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round, alongside a redesign and rebranding.


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Usage-based pricing is a company-wide effort
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Shabodi aims to make developing apps in 5G a piece of cake; takes in $3M
Shabodi aims to make developing apps in 5G a piece of cake; takes in $3M
Like what Square did for payments, Shabodi aims to demystify 5G by providing APIs so developers can build Industry 4.0 applications without unexpected costs, complexity and domain disparity.


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E-commerce aggregator Merama gets its horn after just 12 months in business
E-commerce aggregator Merama gets its horn after just 12 months in business
The company touts this new round of funding as "the largest Series B round ever raised in Latin America."


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Pod Foods bags additional funding to overhaul the grocery supply chain
Pod Foods bags additional funding to overhaul the grocery supply chain
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Affirm spinout Resolve raises $25M in Insight Partners-led round to grow B2B buy now, pay later offering
Affirm spinout Resolve raises $25M in Insight Partners-led round to grow B2B buy now, pay later offering
Resolve, which specializes in "buy now, pay later" capabilities for B2B transactions, announced today that it has raised $25 million in equity funding. The investment comes just months after the company secured a combined $60 million asset and equity financing (the majority of which was asset, or d…


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UK's Atom Learning picks up $25M from SoftBank for an AI-based online learning platform aimed at elementary school-aged students
UK's Atom Learning picks up $25M from SoftBank for an AI-based online learning platform aimed at elementary school-aged students
The COVID-19 pandemic ushered in a new chapter for virtual learning, giving a boost of attention to existing tools and spurring the creation of new services and use cases as students of all ages were ordered to stay home and stay out of classrooms. Today, one of the startups that's been a str…


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Football fans spending millions on club crypto-tokens
Football fans spending millions on club crypto-tokens
Supporters have spent at least £260m on controversial fan tokens from major clubs, data suggests.


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Amazon fined $1.2bn by Italian regulators
Amazon fined $1.2bn by Italian regulators
It marks the second fine against the company by the country in a matter of weeks.


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Shelby Lynch: TikTok influencer on dispelling disability myths
Shelby Lynch: TikTok influencer on dispelling disability myths
Shelby Lynch, who has spinal muscular atrophy, answers questions and tackles trolls online.


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The country that is Europe's hub for cargo bikes
The country that is Europe's hub for cargo bikes
In Germany, generous subsidies are leading to more sophisticated cargo bikes.


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UK warns US of retaliation over steel tariffs
UK warns US of retaliation over steel tariffs
After "very frank" talks in Washington, the UK's international trade secretary says action may be taken soon.


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Starbucks to get its first unionised US store since 1980s
Starbucks to get its first unionised US store since 1980s
Staff at one branch vote to unionise, the first in the coffee chain's own stores since the 1980s.


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Saudi women's rights activist sues three ex-US intel operatives over hacking for UAE | Hacking | The Guardian
Saudi women's rights activist sues three ex-US intel operatives over hacking for UAE | Hacking | The Guardian
Loujain al-Hathloul says actions of men on behalf of the UAE led to her iPhone being hacked and to her imprisonment and torture


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Jussie Smollett found guilty of faking hate crime against himself | Jussie Smollett | The Guardian
Jussie Smollett found guilty of faking hate crime against himself | Jussie Smollett | The Guardian
The Chicago jury, which deliberated for more than nine hours, found Smollett guilty of five of the six charges he faced


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Italian who presented fake arm for Covid jab 'has since been vaccinated' | Italy | The Guardian
Italian who presented fake arm for Covid jab 'has since been vaccinated' | Italy | The Guardian
Dr Guido Russo says stunt was protest against vaccine mandates and jab is ‘best weapon we have’ against virus


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Wales asks people to 'flow before you go' to stop Omicron spread | Wales | The Guardian
Wales asks people to 'flow before you go' to stop Omicron spread | Wales | The Guardian
Mark Drakeford also urges mask-wearing in pubs as Covid cases likely to rise ‘quickly and sharply’


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New Zealand aiming for 'smoke-free generation', says associate health minister
New Zealand aiming for 'smoke-free generation', says associate health minister
New Zealand has announced it will outlaw smoking for the next generation, so that those who are aged 14 and under today will never be legally able to buy tobacco


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Why F1's switch from 13-inch to 18-inch tires is important | Ars Technica
Why F1's switch from 13-inch to 18-inch tires is important | Ars Technica
Pirelli tells us about next year's racing rubber—and why that rubber is in F1.


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Jason Statham does what he does best in Operation Fortune: Ruse de guerre trailer | Ars Technica
Jason Statham does what he does best in Operation Fortune: Ruse de guerre trailer | Ars Technica
Director Guy Ritchie looks to be channeling that winning Gentlemen energy in new film.


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300,000 MikroTik routers are ticking security time bombs, researchers say | Ars Technica
300,000 MikroTik routers are ticking security time bombs, researchers say | Ars Technica
Device owners have yet to install patches for 3 high-severity vulnerabilities.


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Goldman Sachs: How to play a winning 'laggards-to-leaders' trade
Goldman Sachs: How to play a winning 'laggards-to-leaders' trade
The laggard trade has won 12 out of 19 years since Goldman started tracking the data in 2002.


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In Michigan School Shooting, the First Lawsuit Is Filed
In Michigan School Shooting, the First Lawsuit Is Filed
The parents of two sisters who survived the Oxford High School shootings have filed a federal suit against the district and its officials.


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Here's Why Inflation Is Worrying Washington
Here's Why Inflation Is Worrying Washington
Price gains have moved up sharply for months, but the fact that the trend is lasting and broadening has newly put policymakers on red alert.


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Doctors and Hospitals Make Late Bid to Change Surprise Billing Ban
Doctors and Hospitals Make Late Bid to Change Surprise Billing Ban
A lawsuit says the Biden administration's faulty interpretation of the law will harm medical providers.


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How Supply Chain Disruptions Are Affecting the Medical Device Industry
How Supply Chain Disruptions Are Affecting the Medical Device Industry
A maker of medical devices can't keep up with customer demand as the shortage of computer chips puts it in competition with bigger companies with more clout.


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Gig Worker Protections Get a Push in European Proposal
Gig Worker Protections Get a Push in European Proposal
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BuzzFeed Stock Drops Nearly 24 Percent
BuzzFeed Stock Drops Nearly 24 Percent
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Volkswagen's Herbert Diess to Remain C.E.O., With Less Control
Volkswagen's Herbert Diess to Remain C.E.O., With Less Control
Herbert Diess, who angered workers by mentioning the possibility of job cuts, will hand over some authority to a deputy.


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Progress for Saudi Women Is Uneven, Despite Cultural Changes and More Jobs
Progress for Saudi Women Is Uneven, Despite Cultural Changes and More Jobs
Women say Saudi Arabia has advanced significantly in just the past year, with more choices regarding work, fashion (including colored abayas) and social spaces, but restrictions remain everywhere.


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GM CEO Mary Barra says electric Chevy Silverado will be 'unmatched'
GM CEO Mary Barra says electric Chevy Silverado will be 'unmatched'
GM is scheduled to unveil the Chevrolet Silverado E at the CES technology conference next month in Las Vegas.


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Investors brace for the highest inflation reading in nearly 40 years
Investors brace for the highest inflation reading in nearly 40 years
Wall Street expects the the CPI to reflect a 0.7% gain for the month, which would translate into a 6.7% increase from a year ago


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Ford needs EV batteries more than semiconductor chips, CEO says
Ford needs EV batteries more than semiconductor chips, CEO says
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Starbucks will have at least one unionized cafe in Buffalo, New York
Starbucks will have at least one unionized cafe in Buffalo, New York
Starbucks workers in Buffalo, New York, voted to unionize at least one cafe.


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Shares of battery supplier Solid Power surge in Nasdaq debut
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The company, whose investors include Ford Motor and BMW, is trading under the ticker symbol "SLDP." Its warrants are trading under "SLDPW."


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FAA research grants aim to tackle aviation's massive deficit of greener fuel
FAA research grants aim to tackle aviation's massive deficit of greener fuel
Greener aviation fuel is key to airlines' commitments to cut carbon emissions, but supply is scarce.


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State Department officer struck by Havana syndrome sues Blinken and agency for alleged
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A State Department officer who says he was struck by the strange constellation of symptoms now known as "Havana syndrome" in 2017 is suing Secretary of State Antony Blinken and the State Department for disability discrimination, according to court filings.


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Amazon is misleading consumers with 'deceptive' ads in search results, FTC complaint says
Amazon is misleading consumers with 'deceptive' ads in search results, FTC complaint says
Amazon is potentially misleading consumers by not being clear enough in indicating which of its search results are paid advertisements, according to a complaint filed with the Federal Trade Commission on Wednesday.


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Camels ejected from beauty contest over Botox use and other 'tampering' | CNN Travel
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Organizers of a popular camel beauty contest in Saudi Arabia have disqualified 43 contestants after cracking down on Botox injections and other forms of "tampering" by breeders.


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Brian Williams' final MSNBC broadcast will be on Thursday
Brian Williams' final MSNBC broadcast will be on Thursday
Brian Williams, who helped put MSNBC on the map 25 years ago, is about to exit the cable news network.


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Opinion | I Play Video Games With My 4-Year-Old, and That's OK
Opinion | I Play Video Games With My 4-Year-Old, and That's OK
Video games may not be harmless, but what are you going to do?


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Opinion | Biden's Democracy Summit Sells Democracy Short
Opinion | Biden's Democracy Summit Sells Democracy Short
Democracy is about more than delivering the goods.


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Opinion | Social Media Companies Are Trying to Co-opt the First Amendment
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They want the same protections newspapers enjoy. But they are not newspapers.


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'Kids Are Dying. How Are These Sites Still Allowed?'
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Inside the Times investigation into a web page that facilitates suicide, and why it has proved so difficult to shut down.


India
It's ok to be mediocre: Battling for life, Group Captain Varun Singh's message for school students
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A few months before the ill-fated helicopter crash, Group Captain Varun Singh was conferred with Shaurya Chakra, following which he sent an inspiring letter to the students of his school.


India
Farmers call off year-long stir, to leave Delhi borders from Saturday | India News
 Farmers call off year-long stir, to leave Delhi borders from Saturday | India News
India News: Hours after receiving a 'signed' letter from the Centre accepting most of their demands, farmer Unions on Thursday ended their year-long agitation and


India
'Lost Part of My Family': LT Gen Madhuri Kanitkar Remembers Her Friend Mrs Rawat
'Lost Part of My Family': LT Gen Madhuri Kanitkar Remembers Her Friend Mrs Rawat
Remembering CDS Rawat, she said he was a hardworking boss who made every team member feel valued.


India
Ex-Religare CEO Krishnan Subramanian held for siphoning off Rs 2,300 crore public money
Ex-Religare CEO Krishnan Subramanian held for siphoning off Rs 2,300 crore public money
Krishnan Subramanian, former CEO of Religare Enterprises Limited, has been arrested in connection with siphoning off public money of over Rs 2,300 crore.


India
Govt set to start process to appoint next CDS; Gen Naravane frontrunner | Business Standard News
Govt set to start process to appoint next CDS; Gen Naravane frontrunner | Business Standard News
The government is set to begin the process soon to appoint the next Chief of Defence Staff with Army Chief Gen MM Naravane emerging as the front-runner for the top post


India
Tropical forests can regenerate in just 20 years without human interference | Conservation | The Guardian
Tropical forests can regenerate in just 20 years without human interference | Conservation | The Guardian
Study finds natural regrowth yields better results than human plantings and offers hope for climate recovery




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