Salesforce employees aren't happy with the company's plans to enter the non-fungible token (NFT) market. According to the Thomson Reuters Foundation, over 400 employees around the world have signed an open letter raising concerns about the environmental impact of NFTs, as well as their "unregulated, highly speculative" nature as financial assets. "The amount of scams and fraud in the NFT space is overwhelming," the employees reportedly wrote.The company, the San Francisco cloud-based software firm that owns Slack, told its employees in early February that it's planning a series of NFT-related initiatives. They include launching an NFT Cloud that could help people create NFTs and list them on marketplaces. NFTs have blown up in popularity over the past year, and big companies have been cashing in on the craze. While not all ventures have been successful, some have made big money: Adidas, for instance, made $23 million during its first NFT drop.That said, NFTs remain controversial for several reasons, including their environmental impact. It takes a lot of energy to sustain the blockchain activities associated with the tokens. One estimate backed by researchers put an average NFT's footprint at over 200 kilograms of carbon, which is equivalent to driving 500 miles in a gas-powered car. Salesforce employees' concerns about the environmental impact of the tokens come from the fact that the company positions itself as a leader in sustainable business — it even released a... Continue reading at 'Engadget'
[ Engadget | 2022-02-19 15:39:13 UTC ]
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The New York Times will fire 21 union employees starting today, according to the union, exceeding the total number of job cuts the newspaper publisher had originally said was needed to reduce costs.New York Times Co. had accepted the buyout applications of 57 union employees and almost 30... Continue reading at Advertising Age
[ Advertising Age | 2014-12-17 00:00:00 UTC ]
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The Chartered Institute of Library and Information Professionals (CILIP) has written an open letter to the Imperial War Museum, expressing concern over the threat to its unique library. Continue reading at The Bookseller
[ The Bookseller | 2014-12-05 00:00:00 UTC ]
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Jacqueline Woodson won the young people's literature prize for her book 'Brown Girl Dreaming,' while Louise Glück was the recipient of the poetry award for her work 'Faithful and Virtuous Night.' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-11-21 00:00:00 UTC ]
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#phil klay
#literature prize
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The International Publishers Association has written a letter to Spain’s Prime Minister Mariano Rajoy, warning that the country’s new Intellectual Property law is an inadequate response to the threats posed by piracy. In the letter, IPA secretary general Jens Bammel said that IP crime was a... Continue reading at The Bookseller
[ The Bookseller | 2014-11-06 00:00:00 UTC ]
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#ipa protests
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Walter Scott's "Wendy" charts the trials of its eponymous heroine, an intelligent, 20-something, art school graduate with dreams of artistic success and stardom. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-01 00:00:00 UTC ]
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Paul Tash, CEO and chairman of the Times, announced the cuts in a memo to employees Thursday, citing a difficult summer that resulted in lower than expected revenue. "Newspaper publishing remains a tough business," he wrote. Anticipating jo ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-09-19 00:00:00 UTC ]
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#expected revenue
Protest is mounting against the threatened closure of Paris’s oldest bookshop, Delamain.... Continue reading at The Bookseller
[ The Bookseller | 2014-09-17 00:00:00 UTC ]
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#protest mounts
Give us your Facebook and Twitter passwords, says Times of India company Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-08-28 00:00:00 UTC ]
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More than 1,000 writers from Germany, Austria, and Switzerland have signed a letter to Amazon saying that the company has made Bonnier-published books less available and manipulated Amazon's recommended reading lists. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-08-19 00:00:00 UTC ]
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Over the weekend, the 'New York Times' reported on a letter of protest, from authors in Germany, about a terms dispute between Amazon and the local publisher, Bonnier. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-18 00:00:00 UTC ]
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Lynn Mooney and Sarah Hollenbeck, two Women & Children First employees, have purchased the 35-year-old Chicago feminist bookstore from its founders. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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In Thailand, various protestors are gathering in public places to silently read books like '1984' and 'Unarmed Insurrection' to convey how they feel about the country's political situation. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-06-04 00:00:00 UTC ]
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In Thailand, various protestors are gathering in public places to silently read books like '1984' and 'Unarmed Insurrection' to convey how they feel about the country's political situation. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-06-04 00:00:00 UTC ]
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Fans of the popular book and film franchise The Hunger Games will recognize the hand signal instantly: the middle three fingers of the hand, raised to the sky. A gesture of resistance against the repressive government in the fictional world of Panem, it has now become a very real symbol of... Continue reading at Wired
[ Wired | 2014-06-03 00:00:00 UTC ]
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#popular book
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Removal of books by revered Palestinian poet from Riyadh publishing event is condemned by PEN as censorshipThe removal of works by the esteemed Palestinian poet Mahmoud Darwish from a major book fair in Saudi Arabia for reportedly containing "blasphemous passages" has drawn widespread... Continue reading at The Guardian
[ The Guardian | 2014-03-14 00:00:00 UTC ]
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Campaigners are planning to picket the re-opening of the Women's Library tonight (12th March... Continue reading at The Bookseller
[ The Bookseller | 2014-03-12 00:00:00 UTC ]
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Authors demand their own books are taken out of circulation in India after Wendy Doniger's The Hindus was pulled last weekTwo authors have written to Penguin demanding that their books be pulped in protest at the publisher's removal of Wendy Doniger's The Hindus from circulation in India, while... Continue reading at The Guardian
[ The Guardian | 2014-02-19 00:00:00 UTC ]
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#pen international
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The uprising against the tech industry has gone global, but just because we're afraid of a fated Terminator-like world doesn't mean we are headed into a catastrophe.From anti-Google bus vandalism to Uber drivers being attacked in Paris, the rise in anti-tech tension is hard to miss. Some suggest... Continue reading at Fast Company
[ Fast Company | 2014-01-28 00:00:00 UTC ]
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#tech industry
#history books
In a brief year end note to Penguin Random House employees worldwide, CEO Markus Dohle thanked everyone for putting merger distractions aside did give the company a solid start. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-16 00:00:00 UTC ]
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#great start
Library campaigners in Herefordshire have urged the council to abandon plans to slash funding and... Continue reading at The Bookseller
[ The Bookseller | 2013-12-16 00:00:00 UTC ]
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