Salesforce employees protest against its NFT ambitions

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 ]
News tagged with: #nft space #early february #gas-powered car #thomson reuters

Other Publishing stories related to: 'Salesforce employees protest against its NFT ambitions'


Campaigners protest over Herefordshire library cuts

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 ]
More news stories like this | News stories tagged with: #library campaigners #abandon plans


Japan's publishers protest over secrecy threat

Japan’s new “authoritarian” Designated Secrets Bill will have dire consequences... Continue reading at The Bookseller

[ The Bookseller | 2013-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dire consequences


Linux Format employees jump ship to form new magazine

While I love Linux, quality magazines about the kernel are few and far between. Over the years, my favorite has been Linux Format. I was attracted to the magazine by the quality articles and interesting content. However, the price of the magazine was particularly high in the USA, which often... Continue reading at Betanews

[ Betanews | 2013-11-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough sell


HBG Employees Show Their Artistic Side

Editors, designers, and publicists spend their days refining and supporting a writer’s art—his or her book. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-27 00:00:00 UTC ]
More news stories like this |


Readers rally to protest online censorship of erotic books

Online booksellers like Amazon and Kobo have begun banning self-published titles featuring themes like incest and bestiality. But now, some readers complain, other erotic titles are disappearing as well. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online booksellers


Coelho Cancels Frankfurt Appearance in Protest of Brazil Gov’t

Paulo Coelho cancelled his Frankfurt Book Fair appearances as an act of political theater, rather than support for genre writers, as he claims. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-10-04 00:00:00 UTC ]
More news stories like this |


Former Facebook employee says Dave Eggers copied her memoir in his new novel

Former Facebook employee Kate Losse says Eggers used her personal story as the narrative for his novel 'The Circle.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #personal story


Protest mounts over Lincolnshire library closures

More than 20,000 people have signed a petition against library closures in Lincolnshire, with... Continue reading at The Bookseller

[ The Bookseller | 2013-08-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #protest mounts #library closures


Marcia Clark's 'Killer Ambition' a rocky, entertaining case

The former L.A. County prosecutor's high-stakes tale of crime, celebrity and the courtroom can be suspiciously convenient, but it's all in good fun.No one knows celebrity murder trials better than Marcia Clark, the former prosecutor in the L.A. County district attorney's Special Trials Unit.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marcia clark #media outlets


'Persepolis' removal from some Chicago classrooms prompts protests

Teachers and students first believed the acclaimed graphic novel was being taken out of all classrooms and libraries, but Chicago Public Schools staff say it's only being taken out of seventh-grade classrooms. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #acclaimed graphic


French bookshops take up Amazon protest

French bookshops and cultural product chains are following the UK example in protesting against... Continue reading at The Bookseller

[ The Bookseller | 2013-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #french bookshops


Authors protest at 'appalling' cull of Newcastle libraries

Authors Philip Pullman, childrens laureate Julia Donaldson, Malorie Blackman and Meg Rosoff... Continue reading at The Bookseller

[ The Bookseller | 2012-11-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors protest


Friends of Kensal Rise Library planning Oxford protest

Campaigners hoping to save Kensal Rise Library from being turned into flats are staging a protest... Continue reading at The Bookseller

[ The Bookseller | 2012-11-05 00:00:00 UTC ]
More news stories like this |


Women's Library protests continue

Protestors hoping to prevent The Women's Library from moving from its East End home are... Continue reading at The Bookseller

[ The Bookseller | 2012-09-19 00:00:00 UTC ]
More news stories like this |


Duffy backs Manchester library protest

Poet Laureate Carol Ann Duffy has signed a petition calling on Manchester City Council to halt... Continue reading at The Bookseller

[ The Bookseller | 2012-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #petition calling


Tax protest disrupts Amazon shareholders meeting

A protest demonstration has disrupted Amazon.com's latest shareholder meeting in Seattle,... Continue reading at The Bookseller

[ The Bookseller | 2012-05-25 00:00:00 UTC ]
More news stories like this |


Toshiba outlines ebook ambitions

Toshiba, which will launch its first dedicated digital reader on 10th February, is aiming to... Continue reading at The Bookseller

[ The Bookseller | 2012-01-31 00:00:00 UTC ]
More news stories like this |


AUC Press closes office amid Cairo protests

The offices of the American University in Cairo Press and its Tahrir Bookstore, both situated on... Continue reading at The Bookseller

[ The Bookseller | 2011-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #american university #cairo press


French book trade protests at VAT hike

French booksellers have called it a "catastrophe" that VAT rates will go up to 7% in... Continue reading at The Bookseller

[ The Bookseller | 2011-12-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #vat hike #french booksellers #vat rates


Schofield Brands, Employees In Limbo Following Shutdown

Former Schofield Media employees are still wondering if there is a chance that select brands may be revived after the company shut down last week as a result of lender Wells Fargo pulling financing. Continue reading at Folio Magazine

[ Folio Magazine | 2011-07-28 00:00:00 UTC ]
More news stories like this |